Seer Accounts Payable from 2010 to 2024

SEER Stock  USD 2.48  0.10  4.20%   
Seer Accounts Payable yearly trend continues to be relatively stable with very little volatility. Accounts Payable is likely to grow to about 1.7 M this year. Accounts Payable is the amount Seer Inc owes to suppliers or vendors for products or services received but not yet paid for. It represents Seer's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
1.4 M
Current Value
1.7 M
Quarterly Volatility
705.9 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Seer financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seer's main balance sheet or income statement drivers, such as Net Interest Income of 16.3 M, Interest Income of 16.3 M or Depreciation And Amortization of 3.3 M, as well as many indicators such as Price To Sales Ratio of 7.75, Dividend Yield of 0.0 or PTB Ratio of 0.3. Seer financial statements analysis is a perfect complement when working with Seer Valuation or Volatility modules.
  
Check out the analysis of Seer Correlation against competitors.

Latest Seer's Accounts Payable Growth Pattern

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

Seer Accounts Payable Regression Statistics

Arithmetic Mean2,359,858
Geometric Mean2,225,141
Coefficient Of Variation29.91
Mean Deviation508,723
Median2,625,000
Standard Deviation705,881
Sample Variance498.3B
Range3.1M
R-Value(0.39)
Mean Square Error453.7B
R-Squared0.15
Significance0.15
Slope(62,053)
Total Sum of Squares7T

Seer Accounts Payable History

20241.7 M
20231.4 M
20222.1 M
20213.8 M
20202.1 M
2019701 K

About Seer Financial Statements

Seer shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Seer investors may analyze each financial statement separately, they are all interrelated. The changes in Seer's assets and liabilities, for example, are also reflected in the revenues and expenses on on Seer'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 Payable1.4 M1.7 M

Pair Trading with Seer

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 Seer 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 Seer will appreciate offsetting losses from the drop in the long position's value.

Moving against Seer Stock

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The ability to find closely correlated positions to Seer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Seer 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 Seer - 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 Seer Inc to buy it.
The correlation of Seer 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 Seer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Seer Inc 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 Seer 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 Seer Stock Analysis

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