SOS Accounts Payable from 2010 to 2024

SOS Stock  USD 7.74  0.02  0.26%   
SOS Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 26.6 M in 2024. Accounts Payable is the amount SOS Limited owes to suppliers or vendors for products or services received but not yet paid for. It represents SOS's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2016-12-31
Previous Quarter
36.7 M
Current Value
36.7 M
Quarterly Volatility
14.8 M
 
Covid
Check SOS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SOS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 17.3 M or Selling General Administrative of 17.4 M, as well as many indicators such as Price To Sales Ratio of 31.82, Dividend Yield of 0.0 or PTB Ratio of 6.9. SOS financial statements analysis is a perfect complement when working with SOS Valuation or Volatility modules.
  
Check out the analysis of SOS Correlation against competitors.

Latest SOS's Accounts Payable Growth Pattern

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

SOS Accounts Payable Regression Statistics

Arithmetic Mean22,331,338
Geometric Mean17,495,732
Coefficient Of Variation59.95
Mean Deviation10,399,651
Median16,605,000
Standard Deviation13,388,536
Sample Variance179.3T
Range47.3M
R-Value0.32
Mean Square Error173.7T
R-Squared0.10
Significance0.25
Slope948,423
Total Sum of Squares2509.5T

SOS Accounts Payable History

202426.6 M
202336.7 M
202212.8 M
202129.5 M
20201.1 M
201848.4 M
201710.3 M

About SOS Financial Statements

SOS shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although SOS investors may analyze each financial statement separately, they are all interrelated. The changes in SOS's assets and liabilities, for example, are also reflected in the revenues and expenses on on SOS's 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 Payable36.7 M26.6 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for SOS Stock Analysis

When running SOS's price analysis, check to measure SOS's 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 SOS is operating at the current time. Most of SOS's value examination focuses on studying past and present price action to predict the probability of SOS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOS's price. Additionally, you may evaluate how the addition of SOS to your portfolios can decrease your overall portfolio volatility.