Nuvectis Accounts Payable from 2010 to 2024

NVCT Stock  USD 4.95  0.15  2.94%   
Nuvectis Pharma Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 1.9 M in 2024. Accounts Payable is the amount Nuvectis Pharma owes to suppliers or vendors for products or services received but not yet paid for. It represents Nuvectis Pharma's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
2.8 M
Current Value
1.9 M
Quarterly Volatility
1.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nuvectis Pharma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nuvectis Pharma's main balance sheet or income statement drivers, such as Interest Expense of 179.9 K, Selling General Administrative of 4.6 M or Selling And Marketing Expenses of 13.2 K, as well as many indicators such as Price To Sales Ratio of 510, Dividend Yield of 0.0 or PTB Ratio of 11.17. Nuvectis financial statements analysis is a perfect complement when working with Nuvectis Pharma Valuation or Volatility modules.
  
Check out the analysis of Nuvectis Pharma Correlation against competitors.
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Latest Nuvectis Pharma's Accounts Payable Growth Pattern

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

Nuvectis Accounts Payable Regression Statistics

Arithmetic Mean580,332
Geometric Mean41,049
Coefficient Of Variation182.24
Mean Deviation836,486
Median10,000
Standard Deviation1,057,621
Sample Variance1.1T
Range2.9M
R-Value0.73
Mean Square Error566.9B
R-Squared0.53
Significance0
Slope172,071
Total Sum of Squares15.7T

Nuvectis Accounts Payable History

20241.9 M
20232.8 M
20222.9 M
20211.1 M

About Nuvectis Pharma Financial Statements

Nuvectis Pharma shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Nuvectis Pharma investors may analyze each financial statement separately, they are all interrelated. The changes in Nuvectis Pharma's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nuvectis Pharma'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 Payable2.8 M1.9 M

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Additional Tools for Nuvectis Stock Analysis

When running Nuvectis Pharma's price analysis, check to measure Nuvectis Pharma'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 Nuvectis Pharma is operating at the current time. Most of Nuvectis Pharma's value examination focuses on studying past and present price action to predict the probability of Nuvectis Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuvectis Pharma's price. Additionally, you may evaluate how the addition of Nuvectis Pharma to your portfolios can decrease your overall portfolio volatility.