Cactus Accounts Payable from 2010 to 2025

WHD Stock  USD 47.19  0.11  0.23%   
Cactus' Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 43.5 M. Accounts Payable is the amount Cactus Inc owes to suppliers or vendors for products or services received but not yet paid for. It represents Cactus' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2015-12-31
Previous Quarter
74.9 M
Current Value
72 M
Quarterly Volatility
18.2 M
 
Yuan Drop
 
Covid
Check Cactus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cactus' main balance sheet or income statement drivers, such as Tax Provision of 69.8 M, Interest Income of 6.9 M or Depreciation And Amortization of 41.2 M, as well as many indicators such as Price To Sales Ratio of 4.5, Dividend Yield of 0.0154 or PTB Ratio of 3.8. Cactus financial statements analysis is a perfect complement when working with Cactus Valuation or Volatility modules.
  
Check out the analysis of Cactus Correlation against competitors.

Latest Cactus' Accounts Payable Growth Pattern

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

Cactus Accounts Payable Regression Statistics

Arithmetic Mean30,206,248
Geometric Mean22,313,065
Coefficient Of Variation74.05
Mean Deviation19,297,372
Median35,080,000
Standard Deviation22,366,982
Sample Variance500.3T
Range63.1M
R-Value0.87
Mean Square Error134.1T
R-Squared0.75
Significance0.000015
Slope4,067,934
Total Sum of Squares7504.2T

Cactus Accounts Payable History

202543.5 M
202472 M
202371.8 M
202247.8 M
202142.8 M
202020.2 M
201941 M

About Cactus Financial Statements

Cactus stakeholders use historical fundamental indicators, such as Cactus' Accounts Payable, to determine how well the company is positioned to perform in the future. Although Cactus investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cactus' assets and liabilities are reflected in the revenues and expenses on Cactus' 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 Cactus Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable72 M43.5 M

Also Currently Popular

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 Cactus Inc is a strong investment it is important to analyze Cactus' 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 Cactus' future performance. For an informed investment choice regarding Cactus Stock, refer to the following important reports:
Check out the analysis of Cactus Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Equipment & 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 Cactus. If investors know Cactus 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 Cactus 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
(0.08)
Dividend Share
0.5
Earnings Share
2.77
Revenue Per Share
17.017
Quarterly Revenue Growth
(0.01)
The market value of Cactus Inc is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus' value that differs from its market value or its book value, called intrinsic value, which is Cactus' 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 Cactus' market value can be influenced by many factors that don't directly affect Cactus' 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 Cactus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus' 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.