Karooooo Accounts Payable from 2010 to 2025
KARO Stock | USD 45.32 1.32 2.83% |
Accounts Payable | First Reported 2010-12-31 | Previous Quarter 252.5 M | Current Value 265.1 M | Quarterly Volatility 73.9 M |
Check Karooooo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Karooooo's main balance sheet or income statement drivers, such as Tax Provision of 235.5 M, Net Interest Income of 28.5 M or Interest Income of 47.6 M, as well as many indicators such as Price To Sales Ratio of 5.36, Dividend Yield of 0.0166 or PTB Ratio of 10.58. Karooooo financial statements analysis is a perfect complement when working with Karooooo Valuation or Volatility modules.
Karooooo | Accounts Payable |
Latest Karooooo's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Karooooo over the last few years. An accounting item on the balance sheet that represents Karooooo 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 Karooooo 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. Karooooo's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Karooooo's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable | 10 Years Trend |
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Accounts Payable |
Timeline |
Karooooo Accounts Payable Regression Statistics
Arithmetic Mean | 106,326,740 | |
Geometric Mean | 89,188,093 | |
Coefficient Of Variation | 69.51 | |
Mean Deviation | 57,784,110 | |
Median | 59,052,000 | |
Standard Deviation | 73,908,870 | |
Sample Variance | 5462.5T | |
Range | 206M | |
R-Value | 0.83 | |
Mean Square Error | 1846.1T | |
R-Squared | 0.68 | |
Significance | 0.000077 | |
Slope | 12,844,435 | |
Total Sum of Squares | 81937.8T |
Karooooo Accounts Payable History
About Karooooo Financial Statements
Karooooo investors utilize fundamental indicators, such as Accounts Payable, to predict how Karooooo 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 Reported | Projected for Next Year | ||
Accounts Payable | 252.5 M | 265.1 M |
Check out the analysis of Karooooo Correlation against competitors. To learn how to invest in Karooooo Stock, please use our How to Invest in Karooooo guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Application Software 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 Karooooo. If investors know Karooooo 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 Karooooo 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 0.22 | Earnings Share 1.53 | Revenue Per Share | Quarterly Revenue Growth 0.064 | Return On Assets |
The market value of Karooooo is measured differently than its book value, which is the value of Karooooo that is recorded on the company's balance sheet. Investors also form their own opinion of Karooooo's value that differs from its market value or its book value, called intrinsic value, which is Karooooo'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 Karooooo's market value can be influenced by many factors that don't directly affect Karooooo'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 Karooooo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Karooooo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Karooooo'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.