Xos Accounts Payable from 2010 to 2024

XOS Stock  USD 3.44  0.07  1.99%   
Xos Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable is likely to outpace its year average in 2024. Accounts Payable is the amount Xos Inc owes to suppliers or vendors for products or services received but not yet paid for. It represents Xos' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
2.8 M
Current Value
3.5 M
Quarterly Volatility
2.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Xos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xos' main balance sheet or income statement drivers, such as Interest Expense of 4 M, Depreciation And Amortization of 5.1 M or Selling General Administrative of 25 M, as well as many indicators such as Price To Sales Ratio of 0.99, Dividend Yield of 0.0 or PTB Ratio of 1.07. Xos financial statements analysis is a perfect complement when working with Xos Valuation or Volatility modules.
  
Check out the analysis of Xos Correlation against competitors.

Latest Xos' Accounts Payable Growth Pattern

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

Xos Accounts Payable Regression Statistics

Arithmetic Mean1,893,321
Geometric Mean1,239,782
Coefficient Of Variation130.28
Mean Deviation1,561,271
Median719,000
Standard Deviation2,466,640
Sample Variance6.1T
Range9.4M
R-Value0.54
Mean Square Error4.7T
R-Squared0.29
Significance0.04
Slope296,831
Total Sum of Squares85.2T

Xos Accounts Payable History

20243.5 M
20232.8 M
20222.9 M
202110.1 M
20201.2 M
20191.5 M

About Xos Financial Statements

Xos shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Xos investors may analyze each financial statement separately, they are all interrelated. The changes in Xos' assets and liabilities, for example, are also reflected in the revenues and expenses on on Xos' 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 Payable2.8 M3.5 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 Xos Stock Analysis

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