QuantaSing Accounts Payable from 2010 to 2024

QSG Stock   2.82  0.02  0.70%   
QuantaSing Group's Accounts Payable is decreasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 48.8 M. Accounts Payable is the amount QuantaSing Group Limited owes to suppliers or vendors for products or services received but not yet paid for. It represents QuantaSing Group's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
62.1 M
Current Value
48.8 M
Quarterly Volatility
10 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check QuantaSing Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among QuantaSing Group's main balance sheet or income statement drivers, such as Tax Provision of 19.9 M, Net Interest Income of 11 M or Interest Income of 11 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0 or PTB Ratio of 1.32. QuantaSing financial statements analysis is a perfect complement when working with QuantaSing Group Valuation or Volatility modules.
  
Check out the analysis of QuantaSing Group Correlation against competitors.

Latest QuantaSing Group's Accounts Payable Growth Pattern

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

QuantaSing Accounts Payable Regression Statistics

Arithmetic Mean69,145,333
Geometric Mean68,340,537
Coefficient Of Variation14.47
Mean Deviation7,797,778
Median74,462,000
Standard Deviation10,002,748
Sample Variance100.1T
Range29.3M
R-Value(0.69)
Mean Square Error56.2T
R-Squared0.48
Significance0
Slope(1,547,379)
Total Sum of Squares1400.8T

QuantaSing Accounts Payable History

202448.8 M
202362.1 M
202262.1 M
202145.2 M

About QuantaSing Group Financial Statements

QuantaSing Group stakeholders use historical fundamental indicators, such as QuantaSing Group's Accounts Payable, to determine how well the company is positioned to perform in the future. Although QuantaSing Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in QuantaSing Group's assets and liabilities are reflected in the revenues and expenses on QuantaSing Group'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 QuantaSing Group Limited. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable62.1 M48.8 M

Currently Active Assets on Macroaxis

When determining whether QuantaSing Group is a strong investment it is important to analyze QuantaSing Group'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 QuantaSing Group's future performance. For an informed investment choice regarding QuantaSing Stock, refer to the following important reports:
Check out the analysis of QuantaSing Group Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Hotels, Restaurants & Leisure 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 QuantaSing Group. If investors know QuantaSing 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 QuantaSing Group 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
2.965
Earnings Share
0.99
Revenue Per Share
69.007
Quarterly Revenue Growth
0.207
Return On Assets
0.1828
The market value of QuantaSing Group is measured differently than its book value, which is the value of QuantaSing that is recorded on the company's balance sheet. Investors also form their own opinion of QuantaSing Group's value that differs from its market value or its book value, called intrinsic value, which is QuantaSing Group'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 QuantaSing Group's market value can be influenced by many factors that don't directly affect QuantaSing Group'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 QuantaSing Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuantaSing Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuantaSing Group'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.