Simulations Accounts Payable from 2010 to 2025

SLP Stock  USD 24.68  0.84  3.29%   
Simulations Plus Accounts Payable yearly trend continues to be relatively stable with very little volatility. Accounts Payable is likely to grow to about 726.9 K this year. Accounts Payable is the amount Simulations Plus owes to suppliers or vendors for products or services received but not yet paid for. It represents Simulations Plus' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1997-02-28
Previous Quarter
602 K
Current Value
1.1 M
Quarterly Volatility
147.3 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Simulations Plus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Simulations Plus' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.8 M, Interest Expense of 0.0 or Total Revenue of 84.5 M, as well as many indicators such as Price To Sales Ratio of 5.96, Dividend Yield of 0.0072 or PTB Ratio of 7.38. Simulations financial statements analysis is a perfect complement when working with Simulations Plus Valuation or Volatility modules.
  
Check out the analysis of Simulations Plus Correlation against competitors.
To learn how to invest in Simulations Stock, please use our How to Invest in Simulations Plus guide.

Latest Simulations Plus' Accounts Payable Growth Pattern

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

Simulations Accounts Payable Regression Statistics

Arithmetic Mean305,957
Geometric Mean256,543
Coefficient Of Variation65.62
Mean Deviation159,252
Median225,000
Standard Deviation200,771
Sample Variance40.3B
Range618.8K
R-Value0.75
Mean Square Error19.1B
R-Squared0.56
Significance0.0009
Slope31,494
Total Sum of Squares604.6B

Simulations Accounts Payable History

2025726.9 K
2024692.3 K
2023602 K
2022144 K
2021225 K
2020387 K
2019349.9 K

About Simulations Plus Financial Statements

Simulations Plus shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Simulations Plus investors may analyze each financial statement separately, they are all interrelated. The changes in Simulations Plus' assets and liabilities, for example, are also reflected in the revenues and expenses on on Simulations Plus' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable692.3 K726.9 K

Pair Trading with Simulations Plus

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Simulations Plus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Simulations Plus will appreciate offsetting losses from the drop in the long position's value.

Moving together with Simulations Stock

  0.63INFU InfuSystems HoldingsPairCorr

Moving against Simulations Stock

  0.6MNDR Mobile health NetworkPairCorr
  0.36BMY Bristol Myers SquibbPairCorr
  0.34LUNG Pulmonx CorpPairCorr
The ability to find closely correlated positions to Simulations Plus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Simulations Plus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Simulations Plus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Simulations Plus to buy it.
The correlation of Simulations Plus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Simulations Plus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Simulations Plus moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Simulations Plus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Simulations Stock Analysis

When running Simulations Plus' price analysis, check to measure Simulations Plus' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Simulations Plus is operating at the current time. Most of Simulations Plus' value examination focuses on studying past and present price action to predict the probability of Simulations Plus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Simulations Plus' price. Additionally, you may evaluate how the addition of Simulations Plus to your portfolios can decrease your overall portfolio volatility.