InnovAge Accounts Payable from 2010 to 2024
| INNV Stock | USD 4.08 0.20 5.15% |
Accounts Payable | First Reported 2016-12-31 | Previous Quarter 46.9 M | Current Value 52.4 M | Quarterly Volatility 21 M |
Check InnovAge Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InnovAge main balance sheet or income statement drivers, such as Interest Expense of 1.4 M, Selling General Administrative of 70.5 M or Total Revenue of 408.2 M, as well as many exotic indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.0036 or PTB Ratio of 3.75. InnovAge financial statements analysis is a perfect complement when working with InnovAge Holding Valuation or Volatility modules.
InnovAge | Accounts Payable |
Latest InnovAge Holding's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of InnovAge Holding Corp over the last few years. An accounting item on the balance sheet that represents InnovAge Holding 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 InnovAge Holding Corp 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. InnovAge Holding's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in InnovAge Holding'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 |
InnovAge Accounts Payable Regression Statistics
| Arithmetic Mean | 19,462,423 | |
| Geometric Mean | 3,383,508 | |
| Coefficient Of Variation | 115.50 | |
| Mean Deviation | 20,116,239 | |
| Median | 2,305,884 | |
| Standard Deviation | 22,479,207 | |
| Sample Variance | 505.3T | |
| Range | 57.6M | |
| R-Value | 0.92 | |
| Mean Square Error | 86.4T | |
| R-Squared | 0.84 | |
| Slope | 4,610,477 | |
| Total Sum of Squares | 7074.4T |
InnovAge Accounts Payable History
About InnovAge Holding Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include InnovAge Holding income statement, its balance sheet, and the statement of cash flows. InnovAge Holding investors use historical funamental indicators, such as InnovAge Holding's Accounts Payable, to determine how well the company is positioned to perform in the future. Although InnovAge Holding investors may use each financial statement separately, they are all related. The changes in InnovAge Holding's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on InnovAge Holding'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 InnovAge Holding Financial Statements. Understanding these patterns can help to make the right decision on long term investment in InnovAge Holding. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 54.9 M | 57.7 M |
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Is InnovAge Holding's industry 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 InnovAge Holding. If investors know InnovAge 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 InnovAge Holding 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 (0.88) | Earnings Share (0.23) | Revenue Per Share 5.311 | Quarterly Revenue Growth 0.128 | Return On Assets (0.04) |
The market value of InnovAge Holding Corp is measured differently than its book value, which is the value of InnovAge that is recorded on the company's balance sheet. Investors also form their own opinion of InnovAge Holding's value that differs from its market value or its book value, called intrinsic value, which is InnovAge Holding'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 InnovAge Holding's market value can be influenced by many factors that don't directly affect InnovAge Holding'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 InnovAge Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if InnovAge Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InnovAge Holding'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.