Trio Accounts Payable from 2010 to 2024

TRT Stock  USD 6.19  0.19  3.17%   
Trio Tech Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 3 M in 2024. Accounts Payable is the amount Trio Tech International owes to suppliers or vendors for products or services received but not yet paid for. It represents Trio Tech's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1993-03-31
Previous Quarter
3.2 M
Current Value
2.4 M
Quarterly Volatility
1.4 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trio Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trio Tech's main balance sheet or income statement drivers, such as Total Revenue of 33.8 M, Gross Profit of 9.2 M or Operating Income of 569.6 K, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 6.0E-4 or PTB Ratio of 1.09. Trio financial statements analysis is a perfect complement when working with Trio Tech Valuation or Volatility modules.
  
Check out the analysis of Trio Tech Correlation against competitors.

Latest Trio Tech's Accounts Payable Growth Pattern

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

Trio Accounts Payable Regression Statistics

Arithmetic Mean3,077,789
Geometric Mean2,959,466
Coefficient Of Variation27.56
Mean Deviation612,225
Median3,162,000
Standard Deviation848,392
Sample Variance719.8B
Range3.2M
R-Value(0.25)
Mean Square Error726.4B
R-Squared0.06
Significance0.37
Slope(47,590)
Total Sum of Squares10.1T

Trio Accounts Payable History

2024M
20233.2 M
20221.7 M
20212.4 M
20203.7 M
20192.6 M
20183.3 M

About Trio Tech Financial Statements

Trio Tech shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Trio Tech investors may analyze each financial statement separately, they are all interrelated. The changes in Trio Tech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Trio Tech'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 Payable3.2 MM

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Additional Tools for Trio Stock Analysis

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