ICoreConnect Accounts Payable from 2010 to 2024

ICCT Stock  USD 0.17  0.01  5.56%   
ICoreConnect Common Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable is likely to outpace its year average in 2024. Accounts Payable is the amount iCoreConnect Common stock owes to suppliers or vendors for products or services received but not yet paid for. It represents ICoreConnect Common's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2007-12-31
Previous Quarter
4.9 M
Current Value
5.7 M
Quarterly Volatility
19.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ICoreConnect Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ICoreConnect Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 699.2 K, Interest Expense of 2.5 M or Selling General Administrative of 13.8 M, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0 or PTB Ratio of 1.95. ICoreConnect financial statements analysis is a perfect complement when working with ICoreConnect Common Valuation or Volatility modules.
  
Check out the analysis of ICoreConnect Common Correlation against competitors.

Latest ICoreConnect Common's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of iCoreConnect Common stock over the last few years. An accounting item on the balance sheet that represents ICoreConnect Common obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of iCoreConnect Common stock are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. ICoreConnect Common's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ICoreConnect Common's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Very volatile
   Accounts Payable   
       Timeline  

ICoreConnect Accounts Payable Regression Statistics

Arithmetic Mean(5,757,590)
Coefficient Of Variation(525.11)
Mean Deviation14,565,655
Median1,839,470
Standard Deviation30,233,705
Sample Variance914.1T
Range118.4M
R-Value(0.06)
Mean Square Error981.2T
R-Squared0
Significance0.84
Slope(387,109)
Total Sum of Squares12797.1T

ICoreConnect Accounts Payable History

20243.4 M
20233.2 M
20222.3 M
20211.6 M
20201.7 M
2019M
2018-115 M

About ICoreConnect Common Financial Statements

ICoreConnect Common shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although ICoreConnect Common investors may analyze each financial statement separately, they are all interrelated. The changes in ICoreConnect Common's assets and liabilities, for example, are also reflected in the revenues and expenses on on ICoreConnect Common's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable3.2 M3.4 M

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Additional Tools for ICoreConnect Stock Analysis

When running ICoreConnect Common's price analysis, check to measure ICoreConnect Common's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ICoreConnect Common is operating at the current time. Most of ICoreConnect Common's value examination focuses on studying past and present price action to predict the probability of ICoreConnect Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ICoreConnect Common's price. Additionally, you may evaluate how the addition of ICoreConnect Common to your portfolios can decrease your overall portfolio volatility.