CVS Health Accounts Payable Trend

CVS -- USA Stock  

USD 63.26  1.04  1.62%

This module enables investors to look at CVS Health various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Direct Expenses of 130.6 B, Consolidated Income of 934 M or Cost of Revenue of 40 B, but also many exotic indicators such as Interest Coverage of 7.166, Long Term Debt to Equity of 0.8489 or Calculated Tax Rate of 94.8315. This module is a perfect complement to use when analyzing CVS Health Valuation or Volatility. It can also complement various CVS Health Technical models. Check also analysis of CVS Health Correlation with competitors.

CVS Health Accounts Payable Marginal Breakdown

Showing smoothed Accounts Payable of CVS Health Corporation with missing and latest data points interpolated. An accounting item on the balance sheet that represents CVS Health 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 CVS Health 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.
Accounts Payable10 Years Trend
Slightly volatile
 Accounts Payable 

CVS Health Regression Statistics

Arithmetic Mean 6,102,285,088
Geometric Mean 5,788,637,235
Coefficient Of Variation 32.85
Mean Deviation 1,746,618,421
Median 6,547,000,000
Standard Deviation 2,004,808,981
Range 5,365,000,000
R Value 0.94
R Squared 0.89
Significance 0.00000503
Slope 523,320,390

CVS Health Accounts Payable Over Time

2017  8,863,000,000 
2018  8,925,000,000 
2019  7,322,421,053 

Other Fundumenentals of CVS Health