Ocean Accounts Payable from 2010 to 2024
| OPTT Stock | USD 0.37 0.08 27.59% |
Accounts Payable | First Reported 2006-04-30 | Previous Quarter 3.4 M | Current Value 1.7 M | Quarterly Volatility 584.1 K |
Check Ocean Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ocean Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 3.2 M or Total Revenue of 5.8 M, as well as many indicators such as Price To Sales Ratio of 1.96, Dividend Yield of 0.0 or PTB Ratio of 0.56. Ocean financial statements analysis is a perfect complement when working with Ocean Power Valuation or Volatility modules.
Ocean | Accounts Payable |
Latest Ocean Power's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Ocean Power Technologies over the last few years. An accounting item on the balance sheet that represents Ocean Power 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 Ocean Power Technologies 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. Ocean Power's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ocean Power's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
Ocean Accounts Payable Regression Statistics
| Arithmetic Mean | 927,133 | |
| Geometric Mean | 633,717 | |
| Coefficient Of Variation | 113.26 | |
| Mean Deviation | 676,120 | |
| Median | 510,031 | |
| Standard Deviation | 1,050,048 | |
| Sample Variance | 1.1T | |
| Range | 3.3M | |
| R-Value | 0.61 | |
| Mean Square Error | 739B | |
| R-Squared | 0.38 | |
| Significance | 0.01 | |
| Slope | 144,286 | |
| Total Sum of Squares | 15.4T |
Ocean Accounts Payable History
About Ocean Power Financial Statements
Ocean Power shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Ocean Power investors may analyze each financial statement separately, they are all interrelated. The changes in Ocean Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ocean Power's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 3.4 M | 3.5 M |
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Additional Tools for Ocean Stock Analysis
When running Ocean Power's price analysis, check to measure Ocean Power'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 Ocean Power is operating at the current time. Most of Ocean Power's value examination focuses on studying past and present price action to predict the probability of Ocean Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ocean Power's price. Additionally, you may evaluate how the addition of Ocean Power to your portfolios can decrease your overall portfolio volatility.