Scisparc Accounts Payable from 2010 to 2024

SPRC Stock  USD 0.21  0.01  4.55%   
Scisparc's Accounts Payable is increasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is expected to go to about 339.9 K this year. Accounts Payable is the amount Scisparc owes to suppliers or vendors for products or services received but not yet paid for. It represents Scisparc's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2013-06-30
Previous Quarter
264 K
Current Value
264 K
Quarterly Volatility
377.4 K
 
Yuan Drop
 
Covid
Check Scisparc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scisparc's main balance sheet or income statement drivers, such as Depreciation And Amortization of 564.9 K, Interest Expense of 8.6 K or Selling General Administrative of 3 M, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0 or PTB Ratio of 0.22. Scisparc financial statements analysis is a perfect complement when working with Scisparc Valuation or Volatility modules.
  
Check out the analysis of Scisparc Correlation against competitors.
For information on how to trade Scisparc Stock refer to our How to Trade Scisparc Stock guide.

Latest Scisparc's Accounts Payable Growth Pattern

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

Scisparc Accounts Payable Regression Statistics

Arithmetic Mean276,471
Geometric Mean215,414
Coefficient Of Variation82.47
Mean Deviation151,545
Median264,000
Standard Deviation228,011
Sample Variance52B
Range902K
R-Value0.43
Mean Square Error45.5B
R-Squared0.19
Significance0.11
Slope22,072
Total Sum of Squares727.8B

Scisparc Accounts Payable History

2024339.9 K
2023264 K
2022298 K
2021441 K
2020277 K
2019339 K
2018978 K

About Scisparc Financial Statements

Scisparc stakeholders use historical fundamental indicators, such as Scisparc's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Scisparc investors may analyze each financial statement separately, they are all interrelated. For example, changes in Scisparc's assets and liabilities are reflected in the revenues and expenses on Scisparc'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 Scisparc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable264 K339.9 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Scisparc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Scisparc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Scisparc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scisparc Stock:
Check out the analysis of Scisparc Correlation against competitors.
For information on how to trade Scisparc Stock refer to our How to Trade Scisparc Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Biotechnology 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 Scisparc. If investors know Scisparc 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 Scisparc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.28)
Revenue Per Share
1.357
Quarterly Revenue Growth
(0.57)
Return On Assets
(0.39)
Return On Equity
(0.86)
The market value of Scisparc is measured differently than its book value, which is the value of Scisparc that is recorded on the company's balance sheet. Investors also form their own opinion of Scisparc's value that differs from its market value or its book value, called intrinsic value, which is Scisparc'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 Scisparc's market value can be influenced by many factors that don't directly affect Scisparc'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 Scisparc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scisparc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scisparc'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.