FinVolution Accounts Payable from 2010 to 2024
| FINV Stock | USD 4.77 0.01 0.21% |
Accounts Payable | First Reported 2010-12-31 | Previous Quarter 321.6 M | Current Value 396.6 M | Quarterly Volatility 293.2 M |
Check FinVolution financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among FinVolution's main balance sheet or income statement drivers, such as Tax Provision of 315.3 M, Interest Income of 1.3 B or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0528 or PTB Ratio of 0.66. FinVolution financial statements analysis is a perfect complement when working with FinVolution Valuation or Volatility modules.
FinVolution | Accounts Payable |
Latest FinVolution's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of FinVolution Group over the last few years. An accounting item on the balance sheet that represents FinVolution 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 FinVolution Group 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. FinVolution's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in FinVolution's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
FinVolution Accounts Payable Regression Statistics
| Arithmetic Mean | 352,524,164 | |
| Geometric Mean | 0.00 | |
| Coefficient Of Variation | 83.18 | |
| Mean Deviation | 192,212,015 | |
| Median | 321,613,200 | |
| Standard Deviation | 293,220,194 | |
| Sample Variance | 85978.1T | |
| Range | 1.1B | |
| R-Value | 0.26 | |
| Mean Square Error | 86469.6T | |
| R-Squared | 0.07 | |
| Significance | 0.35 | |
| Slope | 16,859,532 | |
| Total Sum of Squares | 1203693.2T |
FinVolution Accounts Payable History
About FinVolution Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include FinVolution income statement, its balance sheet, and the statement of cash flows. FinVolution investors use historical funamental indicators, such as FinVolution's Accounts Payable, to determine how well the company is positioned to perform in the future. Although FinVolution investors may use each financial statement separately, they are all related. The changes in FinVolution's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on FinVolution's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on FinVolution Financial Statements. Understanding these patterns can help to make the right decision on long term investment in FinVolution. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 321.6 M | 396.6 M |
Pair Trading with FinVolution
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if FinVolution position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in FinVolution will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to FinVolution could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace FinVolution when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back FinVolution - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling FinVolution Group to buy it.
The correlation of FinVolution is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FinVolution moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FinVolution Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for FinVolution can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for FinVolution Stock Analysis
When running FinVolution's price analysis, check to measure FinVolution'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 FinVolution is operating at the current time. Most of FinVolution's value examination focuses on studying past and present price action to predict the probability of FinVolution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FinVolution's price. Additionally, you may evaluate how the addition of FinVolution to your portfolios can decrease your overall portfolio volatility.