Plateau Accounts Payable from 2010 to 2026

PMDP Stock  USD 0.0001  0.00  0.00%   
Plateau Mineral Accounts Payable yearly trend continues to be relatively stable with very little volatility. Accounts Payable is likely to drop to about 45.5 K. Accounts Payable is the amount Plateau Mineral Development owes to suppliers or vendors for products or services received but not yet paid for. It represents Plateau Mineral's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
47.9 K
Current Value
45.5 K
Quarterly Volatility
8.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Plateau Mineral financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plateau Mineral's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 0.0 or Selling General Administrative of 2 M, as well as many indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.0 or Days Sales Outstanding of 0.0. Plateau financial statements analysis is a perfect complement when working with Plateau Mineral Valuation or Volatility modules.
  
Build AI portfolio with Plateau Stock
Check out the analysis of Plateau Mineral Correlation against competitors.

Latest Plateau Mineral's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Plateau Mineral Development over the last few years. An accounting item on the balance sheet that represents Plateau Mineral 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 Plateau Mineral Deve 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. Plateau Mineral's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Plateau Mineral'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  

Plateau Accounts Payable Regression Statistics

Arithmetic Mean54,322
Geometric Mean53,872
Coefficient Of Variation15.05
Mean Deviation3,596
Median53,227
Standard Deviation8,177
Sample Variance66.9M
Range39.4K
R-Value(0.53)
Mean Square Error51M
R-Squared0.28
Significance0.03
Slope(863.44)
Total Sum of Squares1.1B

Plateau Accounts Payable History

202645.5 K
202547.9 K
201153.2 K
201084.9 K

About Plateau Mineral Financial Statements

Plateau Mineral shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Plateau Mineral investors may analyze each financial statement separately, they are all interrelated. The changes in Plateau Mineral's assets and liabilities, for example, are also reflected in the revenues and expenses on on Plateau Mineral'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 Payable47.9 K45.5 K

Pair Trading with Plateau Mineral

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Plateau Mineral position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Plateau Mineral will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Plateau Mineral could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Plateau Mineral when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Plateau Mineral - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Plateau Mineral Development to buy it.
The correlation of Plateau Mineral is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Plateau Mineral moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Plateau Mineral Deve moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Plateau Mineral can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Plateau Stock Analysis

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