Twin Accounts Payable from 2010 to 2024

VEEE Stock  USD 0.42  0.02  4.55%   
Twin Vee's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 1.6 M. Accounts Payable is the amount Twin Vee Powercats owes to suppliers or vendors for products or services received but not yet paid for. It represents Twin Vee's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
2.4 M
Current Value
1.6 M
Quarterly Volatility
502.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Twin Vee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Twin Vee's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 190.5 K or Selling General Administrative of 10.9 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0 or PTB Ratio of 0.55. Twin financial statements analysis is a perfect complement when working with Twin Vee Valuation or Volatility modules.
  
Check out the analysis of Twin Vee Correlation against competitors.

Latest Twin Vee's Accounts Payable Growth Pattern

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

Twin Accounts Payable Regression Statistics

Arithmetic Mean1,114,236
Geometric Mean1,038,814
Coefficient Of Variation45.12
Mean Deviation376,119
Median863,642
Standard Deviation502,753
Sample Variance252.8B
Range1.6M
R-Value0.69
Mean Square Error143.8B
R-Squared0.47
Significance0
Slope77,210
Total Sum of Squares3.5T

Twin Accounts Payable History

20241.6 M
20232.4 M
20222.1 M
20211.2 M
2020799.3 K

About Twin Vee Financial Statements

Twin Vee stakeholders use historical fundamental indicators, such as Twin Vee's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Twin Vee investors may analyze each financial statement separately, they are all interrelated. For example, changes in Twin Vee's assets and liabilities are reflected in the revenues and expenses on Twin Vee'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 Twin Vee Powercats. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable2.4 M1.6 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Twin Vee Powercats is a strong investment it is important to analyze Twin Vee'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 Twin Vee's future performance. For an informed investment choice regarding Twin Stock, refer to the following important reports:
Check out the analysis of Twin Vee Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Apparel, Accessories & Luxury Goods 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 Twin Vee. If investors know Twin 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 Twin Vee 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
0.678
Earnings Share
(1.05)
Revenue Per Share
2.734
Quarterly Revenue Growth
(0.47)
Return On Assets
(0.19)
The market value of Twin Vee Powercats is measured differently than its book value, which is the value of Twin that is recorded on the company's balance sheet. Investors also form their own opinion of Twin Vee's value that differs from its market value or its book value, called intrinsic value, which is Twin Vee'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 Twin Vee's market value can be influenced by many factors that don't directly affect Twin Vee'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 Twin Vee's value and its price as these two are different measures arrived at by different means. Investors typically determine if Twin Vee is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Twin Vee'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.