Greenwich Accounts Payable from 2010 to 2024

GLSI Stock  USD 14.95  0.70  4.91%   
Greenwich Lifesciences' Accounts Payable is decreasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 33.7 K. Accounts Payable is the amount Greenwich Lifesciences owes to suppliers or vendors for products or services received but not yet paid for. It represents Greenwich Lifesciences' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2019-12-31
Previous Quarter
1.1 M
Current Value
774.8 K
Quarterly Volatility
301.5 K
 
Covid
Check Greenwich Lifesciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Greenwich Lifesciences' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4 K, Interest Expense of 259.6 K or Selling General Administrative of 1.2 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 21.18. Greenwich financial statements analysis is a perfect complement when working with Greenwich Lifesciences Valuation or Volatility modules.
  
Check out the analysis of Greenwich Lifesciences Correlation against competitors.
For more detail on how to invest in Greenwich Stock please use our How to Invest in Greenwich Lifesciences guide.

Latest Greenwich Lifesciences' Accounts Payable Growth Pattern

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

Greenwich Accounts Payable Regression Statistics

Arithmetic Mean267,622
Geometric Mean217,401
Coefficient Of Variation57.20
Mean Deviation74,617
Median277,556
Standard Deviation153,067
Sample Variance23.4B
Range696.6K
R-Value(0.29)
Mean Square Error23.1B
R-Squared0.08
Significance0.30
Slope(9,899)
Total Sum of Squares328B

Greenwich Accounts Payable History

202433.7 K
202335.5 K
2021220.8 K
2020275.2 K
2019730.3 K

About Greenwich Lifesciences Financial Statements

Investors use fundamental indicators, such as Greenwich Lifesciences' Accounts Payable, to determine how well the company is positioned to perform in the future. Although Greenwich Lifesciences' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Accounts Payable35.5 K33.7 K

Currently Active Assets on Macroaxis

When determining whether Greenwich Lifesciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Greenwich Lifesciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Greenwich Lifesciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Greenwich Lifesciences Stock:
Check out the analysis of Greenwich Lifesciences Correlation against competitors.
For more detail on how to invest in Greenwich Stock please use our How to Invest in Greenwich Lifesciences guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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 Greenwich Lifesciences. If investors know Greenwich 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 Greenwich Lifesciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.81)
Return On Assets
(0.72)
Return On Equity
(1.24)
The market value of Greenwich Lifesciences is measured differently than its book value, which is the value of Greenwich that is recorded on the company's balance sheet. Investors also form their own opinion of Greenwich Lifesciences' value that differs from its market value or its book value, called intrinsic value, which is Greenwich Lifesciences' 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 Greenwich Lifesciences' market value can be influenced by many factors that don't directly affect Greenwich Lifesciences' 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 Greenwich Lifesciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenwich Lifesciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenwich Lifesciences' 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.