Perdoceo Accounts Payable from 2010 to 2024

PRDO Stock  USD 26.12  0.58  2.17%   
Perdoceo Education Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to grow to about 17.6 M this year. Accounts Payable is the amount Perdoceo Education Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents Perdoceo Education's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1997-12-31
Previous Quarter
13.3 M
Current Value
13.6 M
Quarterly Volatility
13.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Perdoceo Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Perdoceo Education's main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.6 M, Interest Expense of 649.7 K or Selling General Administrative of 585.2 M, as well as many indicators such as Price To Sales Ratio of 1.55, Dividend Yield of 0.0117 or PTB Ratio of 2.72. Perdoceo financial statements analysis is a perfect complement when working with Perdoceo Education Valuation or Volatility modules.
  
Check out the analysis of Perdoceo Education Correlation against competitors.

Latest Perdoceo Education's Accounts Payable Growth Pattern

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

Perdoceo Accounts Payable Regression Statistics

Arithmetic Mean17,888,192
Geometric Mean14,677,063
Coefficient Of Variation68.31
Mean Deviation9,324,272
Median13,259,000
Standard Deviation12,218,747
Sample Variance149.3T
Range44.8M
R-Value(0.47)
Mean Square Error124.5T
R-Squared0.23
Significance0.07
Slope(1,297,510)
Total Sum of Squares2090.2T

Perdoceo Accounts Payable History

202417.6 M
202310.8 M
202213.5 M
202110.8 M
202013.3 M
201911.5 M
20189.2 M

About Perdoceo Education Financial Statements

Perdoceo Education investors utilize fundamental indicators, such as Accounts Payable, to predict how Perdoceo 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 Payable10.8 M17.6 M

Pair Trading with Perdoceo Education

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

Moving against Perdoceo Stock

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The ability to find closely correlated positions to Perdoceo Education could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Perdoceo Education 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 Perdoceo Education - 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 Perdoceo Education Corp to buy it.
The correlation of Perdoceo Education 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 Perdoceo Education moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perdoceo Education Corp 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 Perdoceo Education 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
When determining whether Perdoceo Education Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perdoceo Education's 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 Perdoceo Education Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perdoceo Education Corp Stock:
Check out the analysis of Perdoceo Education Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Diversified Consumer Services 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 Perdoceo Education. If investors know Perdoceo 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 Perdoceo Education listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
0.11
Earnings Share
1.99
Revenue Per Share
9.948
Quarterly Revenue Growth
(0.06)
The market value of Perdoceo Education Corp is measured differently than its book value, which is the value of Perdoceo that is recorded on the company's balance sheet. Investors also form their own opinion of Perdoceo Education's value that differs from its market value or its book value, called intrinsic value, which is Perdoceo Education's 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 Perdoceo Education's market value can be influenced by many factors that don't directly affect Perdoceo Education's 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 Perdoceo Education's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perdoceo Education is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perdoceo Education's 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.