Immutep Accounts Payable from 2010 to 2024

IMMP Stock  USD 2.02  0.03  1.46%   
Immutep Accounts Payable yearly trend continues to be relatively stable with very little volatility. Accounts Payable is likely to drop to about 2.3 M. Accounts Payable is the amount Immutep Ltd ADR owes to suppliers or vendors for products or services received but not yet paid for. It represents Immutep's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2011-06-30
Previous Quarter
3.8 M
Current Value
3.8 M
Quarterly Volatility
1.7 M
 
Yuan Drop
 
Covid
Check Immutep financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Immutep's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 29.1 K or Selling General Administrative of 9.3 M, as well as many indicators such as Price To Sales Ratio of 62.81, Dividend Yield of 0.0 or PTB Ratio of 2.06. Immutep financial statements analysis is a perfect complement when working with Immutep Valuation or Volatility modules.
  
Check out the analysis of Immutep Correlation against competitors.

Latest Immutep's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Immutep Ltd ADR over the last few years. An accounting item on the balance sheet that represents Immutep 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 Immutep Ltd ADR 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. Immutep's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Immutep'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  

Immutep Accounts Payable Regression Statistics

Arithmetic Mean2,270,492
Geometric Mean1,768,398
Coefficient Of Variation57.16
Mean Deviation913,387
Median2,216,723
Standard Deviation1,297,872
Sample Variance1.7T
Range5.3M
R-Value0.47
Mean Square Error1.4T
R-Squared0.22
Significance0.08
Slope136,703
Total Sum of Squares23.6T

Immutep Accounts Payable History

20242.3 M
20233.8 M
20225.4 M
20212.9 M
20201.8 M
20191.6 M
20182.6 M

About Immutep Financial Statements

Immutep shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Immutep investors may analyze each financial statement separately, they are all interrelated. The changes in Immutep's assets and liabilities, for example, are also reflected in the revenues and expenses on on Immutep's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable3.8 M2.3 M

Pair Trading with Immutep

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 Immutep 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 Immutep will appreciate offsetting losses from the drop in the long position's value.

Moving together with Immutep Stock

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Moving against Immutep Stock

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The ability to find closely correlated positions to Immutep could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Immutep 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 Immutep - 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 Immutep Ltd ADR to buy it.
The correlation of Immutep 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 Immutep moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Immutep Ltd ADR 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 Immutep 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 Immutep Stock Analysis

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