ICZOOM Accounts Payable from 2010 to 2024

IZM Stock   2.30  0.02  0.88%   
ICZOOM Group Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to drop to about 5 M. Accounts Payable is the amount ICZOOM Group Class owes to suppliers or vendors for products or services received but not yet paid for. It represents ICZOOM Group's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
5.3 M
Current Value
M
Quarterly Volatility
16.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ICZOOM Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ICZOOM Group's main balance sheet or income statement drivers, such as Interest Income of 66 K, Depreciation And Amortization of 896.7 K or Interest Expense of 518.9 K, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.0 or PTB Ratio of 1.24. ICZOOM financial statements analysis is a perfect complement when working with ICZOOM Group Valuation or Volatility modules.
  
Check out the analysis of ICZOOM Group Correlation against competitors.

Latest ICZOOM Group's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of ICZOOM Group Class over the last few years. An accounting item on the balance sheet that represents ICZOOM Group 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 ICZOOM Group Class 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. ICZOOM Group's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ICZOOM Group's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Pretty Stable
   Accounts Payable   
       Timeline  

ICZOOM Accounts Payable Regression Statistics

Arithmetic Mean27,184,678
Geometric Mean22,293,836
Coefficient Of Variation60.28
Mean Deviation12,683,584
Median21,515,543
Standard Deviation16,387,607
Sample Variance268.6T
Range54.6M
R-Value0.21
Mean Square Error275.9T
R-Squared0.05
Significance0.44
Slope786,946
Total Sum of Squares3759.8T

ICZOOM Accounts Payable History

2024M
20235.3 M
202251.1 M
202159.6 M
202054.4 M
201938.7 M

About ICZOOM Group Financial Statements

ICZOOM Group investors utilize fundamental indicators, such as Accounts Payable, to predict how ICZOOM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable5.3 MM

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When determining whether ICZOOM Group Class is a strong investment it is important to analyze ICZOOM Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ICZOOM Group's future performance. For an informed investment choice regarding ICZOOM Stock, refer to the following important reports:
Check out the analysis of ICZOOM Group Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ICZOOM Group. If investors know ICZOOM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ICZOOM Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
(0.22)
Revenue Per Share
17.084
Quarterly Revenue Growth
(0.04)
Return On Assets
(0.01)
The market value of ICZOOM Group Class is measured differently than its book value, which is the value of ICZOOM that is recorded on the company's balance sheet. Investors also form their own opinion of ICZOOM Group's value that differs from its market value or its book value, called intrinsic value, which is ICZOOM Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ICZOOM Group's market value can be influenced by many factors that don't directly affect ICZOOM Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ICZOOM Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ICZOOM Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ICZOOM Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.