Oriental Accounts Payable from 2010 to 2024

OCG Stock  USD 1.17  0.02  1.74%   
Oriental Culture's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 2.6 M. Accounts Payable is the amount Oriental Culture Holding owes to suppliers or vendors for products or services received but not yet paid for. It represents Oriental Culture's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
2.6 M
Current Value
2.6 M
Quarterly Volatility
1.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oriental Culture financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oriental Culture's main balance sheet or income statement drivers, such as Tax Provision of 15.6 K, Depreciation And Amortization of 406.9 K or Interest Expense of 974.7 K, as well as many indicators such as Price To Sales Ratio of 3.67, Dividend Yield of 0.0 or PTB Ratio of 0.13. Oriental financial statements analysis is a perfect complement when working with Oriental Culture Valuation or Volatility modules.
  
Check out the analysis of Oriental Culture Correlation against competitors.

Latest Oriental Culture's Accounts Payable Growth Pattern

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

Oriental Accounts Payable Regression Statistics

Arithmetic Mean1,256,093
Geometric Mean625,333
Coefficient Of Variation132.87
Mean Deviation1,276,034
Median272,156
Standard Deviation1,668,927
Sample Variance2.8T
Range5.8M
R-Value0.64
Mean Square Error1.8T
R-Squared0.41
Significance0.01
Slope239,282
Total Sum of Squares39T

Oriental Accounts Payable History

20242.6 M
20232.6 M
2022M
20211.6 M
20206.1 M
2019541.3 K

About Oriental Culture Financial Statements

Oriental Culture stakeholders use historical fundamental indicators, such as Oriental Culture's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Oriental Culture investors may analyze each financial statement separately, they are all interrelated. For example, changes in Oriental Culture's assets and liabilities are reflected in the revenues and expenses on Oriental Culture's 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 Oriental Culture Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable2.6 M2.6 M

Currently Active Assets on Macroaxis

When determining whether Oriental Culture Holding is a strong investment it is important to analyze Oriental Culture's 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 Oriental Culture's future performance. For an informed investment choice regarding Oriental Stock, refer to the following important reports:
Check out the analysis of Oriental Culture Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Interactive Media & Services 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 Oriental Culture. If investors know Oriental 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 Oriental Culture 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
(0.46)
Earnings Share
(0.62)
Revenue Per Share
0.37
Quarterly Revenue Growth
0.019
Return On Assets
(0.05)
The market value of Oriental Culture Holding is measured differently than its book value, which is the value of Oriental that is recorded on the company's balance sheet. Investors also form their own opinion of Oriental Culture's value that differs from its market value or its book value, called intrinsic value, which is Oriental Culture'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 Oriental Culture's market value can be influenced by many factors that don't directly affect Oriental Culture'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 Oriental Culture's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oriental Culture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oriental Culture'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.