Wah Accounts Payable from 2010 to 2024

WAFU Stock  USD 1.89  0.02  1.07%   
Wah Fu 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 Wah Fu Education owes to suppliers or vendors for products or services received but not yet paid for. It represents Wah Fu's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
268.5 K
Current Value
281.9 K
Quarterly Volatility
102.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wah Fu financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wah Fu's main balance sheet or income statement drivers, such as Tax Provision of 519.9 K, Interest Income of 135.3 K or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0 or PTB Ratio of 0.79. Wah financial statements analysis is a perfect complement when working with Wah Fu Valuation or Volatility modules.
  
Check out the analysis of Wah Fu Correlation against competitors.

Latest Wah Fu's Accounts Payable Growth Pattern

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

Wah Accounts Payable Regression Statistics

Arithmetic Mean79,693
Geometric Mean0.00
Coefficient Of Variation128.80
Mean Deviation84,256
Median14,220
Standard Deviation102,641
Sample Variance10.5B
Range281.9K
R-Value0.83
Mean Square Error3.5B
R-Squared0.69
Significance0.0001
Slope19,094
Total Sum of Squares147.5B

Wah Accounts Payable History

2024281.9 K
2023268.5 K
2022233.5 K
2019108.7 K
2016null

About Wah Fu Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Wah Fu income statement, its balance sheet, and the statement of cash flows. Wah Fu investors use historical funamental indicators, such as Wah Fu's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Wah Fu investors may use each financial statement separately, they are all related. The changes in Wah Fu's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wah Fu'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 Wah Fu Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wah Fu. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable268.5 K281.9 K

Pair Trading with Wah Fu

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 Wah Fu 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 Wah Fu will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Wah Fu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wah Fu 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 Wah Fu - 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 Wah Fu Education to buy it.
The correlation of Wah Fu 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 Wah Fu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wah Fu Education 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 Wah Fu 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.
Pair CorrelationCorrelation Matching

Additional Tools for Wah Stock Analysis

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