Evolent Accounts Payable from 2010 to 2025

EVH Stock  USD 9.44  1.03  9.84%   
Evolent Health's Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 53.2 M. Accounts Payable is the amount Evolent Health owes to suppliers or vendors for products or services received but not yet paid for. It represents Evolent Health's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2013-12-31
Previous Quarter
50.1 M
Current Value
96 M
Quarterly Volatility
32.2 M
 
Yuan Drop
 
Covid
Check Evolent Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evolent Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.3 M, Total Revenue of 2.7 B or Gross Profit of 226.2 M, as well as many indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0163 or PTB Ratio of 1.35. Evolent financial statements analysis is a perfect complement when working with Evolent Health Valuation or Volatility modules.
  
Check out the analysis of Evolent Health Correlation against competitors.
For more detail on how to invest in Evolent Stock please use our How to Invest in Evolent Health guide.

Latest Evolent Health's Accounts Payable Growth Pattern

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

Evolent Accounts Payable Regression Statistics

Arithmetic Mean42,924,214
Geometric Mean20,791,059
Coefficient Of Variation96.05
Mean Deviation30,119,089
Median42,930,000
Standard Deviation41,227,772
Sample Variance1699.7T
Range144.8M
R-Value0.64
Mean Square Error1075.4T
R-Squared0.41
Significance0.01
Slope5,541,405
Total Sum of Squares25495.9T

Evolent Accounts Payable History

202553.2 M
202496 M
202348.2 M
202257.2 M
202196.1 M
202032 M
201937.5 M

About Evolent Health Financial Statements

Investors use fundamental indicators, such as Evolent Health's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Evolent Health'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 Payable96 M53.2 M

Currently Active Assets on Macroaxis

When determining whether Evolent Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evolent Health'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 Evolent Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evolent Health Stock:
Check out the analysis of Evolent Health Correlation against competitors.
For more detail on how to invest in Evolent Stock please use our How to Invest in Evolent Health guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Technology 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 Evolent Health. If investors know Evolent 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 Evolent Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.81)
Revenue Per Share
22.277
Quarterly Revenue Growth
0.163
Return On Assets
0.0006
Return On Equity
(0.05)
The market value of Evolent Health is measured differently than its book value, which is the value of Evolent that is recorded on the company's balance sheet. Investors also form their own opinion of Evolent Health's value that differs from its market value or its book value, called intrinsic value, which is Evolent Health'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 Evolent Health's market value can be influenced by many factors that don't directly affect Evolent Health'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 Evolent Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolent Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolent Health'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.