XTKG Accounts Payable from 2010 to 2024

XTKG Stock   2.11  2.00  1,818%   
X3 Holdings' Accounts Payable is decreasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 15.4 M. Accounts Payable is the amount X3 Holdings Co owes to suppliers or vendors for products or services received but not yet paid for. It represents X3 Holdings' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
18.6 M
Current Value
15.4 M
Quarterly Volatility
3.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check X3 Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among X3 Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 M, Selling General Administrative of 14.1 M or Selling And Marketing Expenses of 1.8 M, as well as many indicators such as Price To Sales Ratio of 57.55, Dividend Yield of 0.0 or PTB Ratio of 6.6. XTKG financial statements analysis is a perfect complement when working with X3 Holdings Valuation or Volatility modules.
  
Check out the analysis of X3 Holdings Correlation against competitors.

Latest X3 Holdings' Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of X3 Holdings Co over the last few years. An accounting item on the balance sheet that represents X3 Holdings 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 X3 Holdings 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. X3 Holdings' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in X3 Holdings' overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

XTKG Accounts Payable Regression Statistics

Arithmetic Mean22,334,613
Geometric Mean21,969,440
Coefficient Of Variation16.75
Mean Deviation2,857,518
Median24,282,921
Standard Deviation3,740,063
Sample Variance14T
Range11.5M
R-Value(0.71)
Mean Square Error7.5T
R-Squared0.50
Significance0
Slope(594,183)
Total Sum of Squares195.8T

XTKG Accounts Payable History

202415.4 M
202318.6 M
202212.8 M
202121.1 M

About X3 Holdings Financial Statements

X3 Holdings stakeholders use historical fundamental indicators, such as X3 Holdings' Accounts Payable, to determine how well the company is positioned to perform in the future. Although X3 Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in X3 Holdings' assets and liabilities are reflected in the revenues and expenses on X3 Holdings' 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 X3 Holdings Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable18.6 M15.4 M

Currently Active Assets on Macroaxis

When determining whether X3 Holdings is a strong investment it is important to analyze X3 Holdings' 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 X3 Holdings' future performance. For an informed investment choice regarding XTKG Stock, refer to the following important reports:
Check out the analysis of X3 Holdings Correlation against competitors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Systems Software 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 X3 Holdings. If investors know XTKG 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 X3 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.36)
Revenue Per Share
0.547
Quarterly Revenue Growth
1.955
Return On Assets
(0.09)
Return On Equity
(0.99)
The market value of X3 Holdings is measured differently than its book value, which is the value of XTKG that is recorded on the company's balance sheet. Investors also form their own opinion of X3 Holdings' value that differs from its market value or its book value, called intrinsic value, which is X3 Holdings' 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 X3 Holdings' market value can be influenced by many factors that don't directly affect X3 Holdings' 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 X3 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if X3 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, X3 Holdings' 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.