Doubledown Accounts Payable from 2010 to 2024

DDI Stock  USD 14.70  0.27  1.87%   
Doubledown Interactive's Accounts Payable is increasing with very volatile movements from year to year. Accounts Payable is estimated to finish at about 15.4 M this year. Accounts Payable is the amount Doubledown Interactive Co owes to suppliers or vendors for products or services received but not yet paid for. It represents Doubledown Interactive's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2019-12-31
Previous Quarter
11.9 M
Current Value
13.2 M
Quarterly Volatility
M
 
Covid
Check Doubledown Interactive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Doubledown Interactive's main balance sheet or income statement drivers, such as Net Interest Income of 11.5 M, Interest Income of 13.4 M or Depreciation And Amortization of 3.3 M, as well as many indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0 or PTB Ratio of 0.48. Doubledown financial statements analysis is a perfect complement when working with Doubledown Interactive Valuation or Volatility modules.
  
Check out the analysis of Doubledown Interactive Correlation against competitors.

Latest Doubledown Interactive's Accounts Payable Growth Pattern

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

Doubledown Accounts Payable Regression Statistics

Arithmetic Mean14,230,058
Geometric Mean14,181,197
Coefficient Of Variation8.28
Mean Deviation620,290
Median14,296,000
Standard Deviation1,178,143
Sample Variance1.4T
Range5.7M
R-Value0.02
Mean Square Error1.5T
R-Squared0.0002
Significance0.96
Slope4,100
Total Sum of Squares19.4T

Doubledown Accounts Payable History

202415.4 M
202313.3 M
202213.8 M
202114.8 M
202016.6 M
201910.9 M

About Doubledown Interactive Financial Statements

Investors use fundamental indicators, such as Doubledown Interactive's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Doubledown Interactive's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Accounts Payable13.3 M15.4 M

Currently Active Assets on Macroaxis

When determining whether Doubledown Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Doubledown Interactive'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 Doubledown Interactive Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Doubledown Interactive Co Stock:
Check out the analysis of Doubledown Interactive Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Movies & 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 Doubledown Interactive. If investors know Doubledown 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 Doubledown Interactive 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
(0.07)
Earnings Share
2.35
Revenue Per Share
6.911
Quarterly Revenue Growth
0.137
Return On Assets
0.1052
The market value of Doubledown Interactive is measured differently than its book value, which is the value of Doubledown that is recorded on the company's balance sheet. Investors also form their own opinion of Doubledown Interactive's value that differs from its market value or its book value, called intrinsic value, which is Doubledown Interactive'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 Doubledown Interactive's market value can be influenced by many factors that don't directly affect Doubledown Interactive'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 Doubledown Interactive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Doubledown Interactive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Doubledown Interactive'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.