Innovex Accounts Payable from 2010 to 2025

INVX Stock   13.97  0.16  1.16%   
Innovex International, Accounts Payable yearly trend continues to be fairly stable with very little volatility. Accounts Payable is projected to decline to about 40.8 M this year. Accounts Payable is the amount Innovex International, owes to suppliers or vendors for products or services received but not yet paid for. It represents Innovex International,'s short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2016-09-30
Previous Quarter
60.8 M
Current Value
83.6 M
Quarterly Volatility
14.9 M
 
Covid
Check Innovex International, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovex International,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.1 M, Interest Expense of 4.9 M or Total Revenue of 419.1 M, as well as many indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0 or PTB Ratio of 1.06. Innovex financial statements analysis is a perfect complement when working with Innovex International, Valuation or Volatility modules.
  
Check out the analysis of Innovex International, Correlation against competitors.
For more information on how to buy Innovex Stock please use our How to Invest in Innovex International, guide.

Latest Innovex International,'s Accounts Payable Growth Pattern

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

Innovex Accounts Payable Regression Statistics

Arithmetic Mean38,716,481
Geometric Mean37,557,896
Coefficient Of Variation26.99
Mean Deviation7,304,977
Median37,424,000
Standard Deviation10,449,254
Sample Variance109.2T
Range39M
R-Value0.48
Mean Square Error90.2T
R-Squared0.23
Significance0.07
Slope1,126,823
Total Sum of Squares1528.6T

Innovex Accounts Payable History

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202440.8 M
202365.7 M
202241.6 M
2021