Zomedica Accounts Payable from 2010 to 2025

ZOM Stock  USD 0.14  0  1.43%   
Zomedica Pharmaceuticals Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to grow to about 9.3 M this year. Accounts Payable is the amount Zomedica Pharmaceuticals Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents Zomedica Pharmaceuticals' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2016-03-31
Previous Quarter
2.3 M
Current Value
2.4 M
Quarterly Volatility
2.2 M
 
Yuan Drop
 
Covid
Check Zomedica Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zomedica Pharmaceuticals' main balance sheet or income statement drivers, such as Interest Expense of 211.3 K, Selling General Administrative of 35.1 M or Other Operating Expenses of 68.6 M, as well as many indicators such as Price To Sales Ratio of 8.51, Dividend Yield of 0.0 or PTB Ratio of 0.89. Zomedica financial statements analysis is a perfect complement when working with Zomedica Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Zomedica Pharmaceuticals Correlation against competitors.

Latest Zomedica Pharmaceuticals' Accounts Payable Growth Pattern

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

Zomedica Accounts Payable Regression Statistics

Arithmetic Mean2,737,100
Geometric Mean945,886
Coefficient Of Variation123.21
Mean Deviation2,747,851
Median1,248,628
Standard Deviation3,372,412
Sample Variance11.4T
Range9.1M
R-Value0.88
Mean Square Error2.7T
R-Squared0.78
Slope623,653
Total Sum of Squares170.6T

Zomedica Accounts Payable History

20259.3 M
20248.8 M
20237.7 M
20226.7 M
20213.2 M
20201.2 M
20192.1 M

About Zomedica Pharmaceuticals Financial Statements

Zomedica Pharmaceuticals investors utilize fundamental indicators, such as Accounts Payable, to predict how Zomedica Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable8.8 M9.3 M

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When determining whether Zomedica Pharmaceuticals is a strong investment it is important to analyze Zomedica Pharmaceuticals' 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 Zomedica Pharmaceuticals' future performance. For an informed investment choice regarding Zomedica Stock, refer to the following important reports:
Check out the analysis of Zomedica Pharmaceuticals Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Pharmaceuticals 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 Zomedica Pharmaceuticals. If investors know Zomedica 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 Zomedica Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.06)
Revenue Per Share
0.027
Quarterly Revenue Growth
0.018
Return On Assets
(0.09)
Return On Equity
(0.24)
The market value of Zomedica Pharmaceuticals is measured differently than its book value, which is the value of Zomedica that is recorded on the company's balance sheet. Investors also form their own opinion of Zomedica Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Zomedica Pharmaceuticals' 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 Zomedica Pharmaceuticals' market value can be influenced by many factors that don't directly affect Zomedica Pharmaceuticals' 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 Zomedica Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zomedica Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zomedica Pharmaceuticals' 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.