Trugolf Accounts Payable from 2010 to 2024

TRUG Stock   0.55  0.10  22.22%   
Trugolf's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 1.5 M. Accounts Payable is the amount Trugolf owes to suppliers or vendors for products or services received but not yet paid for. It represents Trugolf's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
2.4 M
Current Value
1.5 M
Quarterly Volatility
576.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trugolf financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trugolf's main balance sheet or income statement drivers, such as Other Operating Expenses of 35.3 M, Total Operating Expenses of 25 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 7.08, Dividend Yield of 0.0066 or Days Sales Outstanding of 24.62. Trugolf financial statements analysis is a perfect complement when working with Trugolf Valuation or Volatility modules.
  
Check out the analysis of Trugolf Correlation against competitors.
For more detail on how to invest in Trugolf Stock please use our How to Invest in Trugolf guide.

Latest Trugolf's Accounts Payable Growth Pattern

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

Trugolf Accounts Payable Regression Statistics

Arithmetic Mean992,117
Geometric Mean881,657
Coefficient Of Variation58.08
Mean Deviation461,801
Median677,253
Standard Deviation576,186
Sample Variance332B
Range1.7M
R-Value0.73
Mean Square Error168.3B
R-Squared0.53
Significance0
Slope93,736
Total Sum of Squares4.6T

Trugolf Accounts Payable History

20241.5 M
20232.4 M
20222.1 M
20211.5 M

About Trugolf Financial Statements

Trugolf stakeholders use historical fundamental indicators, such as Trugolf's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Trugolf investors may analyze each financial statement separately, they are all interrelated. For example, changes in Trugolf's assets and liabilities are reflected in the revenues and expenses on Trugolf's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Trugolf. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable2.4 M1.5 M

Currently Active Assets on Macroaxis

When determining whether Trugolf is a strong investment it is important to analyze Trugolf'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 Trugolf's future performance. For an informed investment choice regarding Trugolf Stock, refer to the following important reports:
Check out the analysis of Trugolf Correlation against competitors.
For more detail on how to invest in Trugolf Stock please use our How to Invest in Trugolf guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Interactive Home Entertainment 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 Trugolf. If investors know Trugolf 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 Trugolf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.69)
Revenue Per Share
1.442
Quarterly Revenue Growth
(0.27)
Return On Assets
(0.23)
The market value of Trugolf is measured differently than its book value, which is the value of Trugolf that is recorded on the company's balance sheet. Investors also form their own opinion of Trugolf's value that differs from its market value or its book value, called intrinsic value, which is Trugolf'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 Trugolf's market value can be influenced by many factors that don't directly affect Trugolf'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 Trugolf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trugolf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trugolf'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.