Cenntro Accounts Payable from 2010 to 2025

CENN Stock  USD 1.08  0.17  18.68%   
Cenntro Electric Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to drop to about 4.8 M. Accounts Payable is the amount Cenntro Electric Group owes to suppliers or vendors for products or services received but not yet paid for. It represents Cenntro Electric's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2016-06-30
Previous Quarter
6.6 M
Current Value
6.2 M
Quarterly Volatility
1.8 M
 
Covid
Check Cenntro Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cenntro Electric's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 344.1 K or Total Revenue of 14.5 M, as well as many indicators such as Price To Sales Ratio of 1.7, Dividend Yield of 0.0 or PTB Ratio of 0.31. Cenntro financial statements analysis is a perfect complement when working with Cenntro Electric Valuation or Volatility modules.
  
Check out the analysis of Cenntro Electric Correlation against competitors.

Latest Cenntro Electric's Accounts Payable Growth Pattern

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

Cenntro Accounts Payable Regression Statistics

Arithmetic Mean3,559,408
Geometric Mean1,482,904
Coefficient Of Variation122.84
Mean Deviation3,174,065
Median3,383,021
Standard Deviation4,372,485
Sample Variance19.1T
Range16.1M
R-Value0.54
Mean Square Error14.5T
R-Squared0.29
Significance0.03
Slope497,627
Total Sum of Squares286.8T

Cenntro Accounts Payable History

20254.8 M
20247.8 M
20236.8 M
20223.4 M
20213.7 M
20203.7 M
20197.2 M

About Cenntro Electric Financial Statements

Cenntro Electric investors utilize fundamental indicators, such as Accounts Payable, to predict how Cenntro Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable7.8 M4.8 M
When determining whether Cenntro Electric offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cenntro Electric's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cenntro Electric Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cenntro Electric Group Stock:
Check out the analysis of Cenntro Electric Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Automotive Parts & Equipment 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 Cenntro Electric. If investors know Cenntro 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 Cenntro Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.32)
Revenue Per Share
1.205
Quarterly Revenue Growth
1.903
Return On Assets
(0.15)
Return On Equity
(0.35)
The market value of Cenntro Electric is measured differently than its book value, which is the value of Cenntro that is recorded on the company's balance sheet. Investors also form their own opinion of Cenntro Electric's value that differs from its market value or its book value, called intrinsic value, which is Cenntro Electric'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 Cenntro Electric's market value can be influenced by many factors that don't directly affect Cenntro Electric'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 Cenntro Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cenntro Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenntro Electric'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.