Adverum Accounts Payable from 2010 to 2024

ADVM Stock  USD 6.64  0.19  2.95%   
Adverum Biotechnologies Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to drop to about 1.9 M. Accounts Payable is the amount Adverum Biotechnologies owes to suppliers or vendors for products or services received but not yet paid for. It represents Adverum Biotechnologies' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2012-12-31
Previous Quarter
M
Current Value
2.1 M
Quarterly Volatility
1.6 M
 
Yuan Drop
 
Covid
Check Adverum Biotechnologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Adverum Biotechnologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 M, Interest Expense of 3.2 M or Selling General Administrative of 31.8 M, as well as many indicators such as Price To Sales Ratio of 23.04, Dividend Yield of 0.0 or PTB Ratio of 0.96. Adverum financial statements analysis is a perfect complement when working with Adverum Biotechnologies Valuation or Volatility modules.
  
Check out the analysis of Adverum Biotechnologies Correlation against competitors.
To learn how to invest in Adverum Stock, please use our How to Invest in Adverum Biotechnologies guide.

Latest Adverum Biotechnologies' Accounts Payable Growth Pattern

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

Adverum Accounts Payable Regression Statistics

Arithmetic Mean1,541,021
Geometric Mean1,267,287
Coefficient Of Variation64.73
Mean Deviation743,489
Median1,474,000
Standard Deviation997,464
Sample Variance994.9B
Range3.6M
R-Value0.67
Mean Square Error596.7B
R-Squared0.44
Significance0.01
Slope148,469
Total Sum of Squares13.9T

Adverum Accounts Payable History

20241.9 M
20231.9 M
20222.2 M
20211.4 M
20202.8 M
20194.1 M
20181.7 M

About Adverum Biotechnologies Financial Statements

Adverum Biotechnologies investors utilize fundamental indicators, such as Accounts Payable, to predict how Adverum 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 Payable1.9 M1.9 M

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When determining whether Adverum Biotechnologies is a strong investment it is important to analyze Adverum Biotechnologies' 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 Adverum Biotechnologies' future performance. For an informed investment choice regarding Adverum Stock, refer to the following important reports:
Check out the analysis of Adverum Biotechnologies Correlation against competitors.
To learn how to invest in Adverum Stock, please use our How to Invest in Adverum Biotechnologies guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Biotechnology 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 Adverum Biotechnologies. If investors know Adverum 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 Adverum Biotechnologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(5.95)
Revenue Per Share
0.059
Quarterly Revenue Growth
(0.70)
Return On Assets
(0.30)
Return On Equity
(0.76)
The market value of Adverum Biotechnologies is measured differently than its book value, which is the value of Adverum that is recorded on the company's balance sheet. Investors also form their own opinion of Adverum Biotechnologies' value that differs from its market value or its book value, called intrinsic value, which is Adverum Biotechnologies' 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 Adverum Biotechnologies' market value can be influenced by many factors that don't directly affect Adverum Biotechnologies' 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 Adverum Biotechnologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Adverum Biotechnologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adverum Biotechnologies' 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.