10X Accounts Payable from 2010 to 2024

TXG Stock  USD 15.48  0.47  3.13%   
10X Genomics' Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 13.6 M. Accounts Payable is the amount 10X Genomics owes to suppliers or vendors for products or services received but not yet paid for. It represents 10X Genomics' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2018-09-30
Previous Quarter
21.2 M
Current Value
26.2 M
Quarterly Volatility
7.1 M
 
Covid
Check 10X Genomics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 10X Genomics' main balance sheet or income statement drivers, such as Tax Provision of 3.7 M, Net Interest Income of 17.7 M or Interest Income of 17.8 M, as well as many indicators such as Price To Sales Ratio of 14.35, Dividend Yield of 0.0 or PTB Ratio of 5.94. 10X financial statements analysis is a perfect complement when working with 10X Genomics Valuation or Volatility modules.
  
Check out the analysis of 10X Genomics Correlation against competitors.
For more detail on how to invest in 10X Stock please use our How to Invest in 10X Genomics guide.

Latest 10X Genomics' Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of 10X Genomics over the last few years. An accounting item on the balance sheet that represents 10X Genomics 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 10X Genomics 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. 10X Genomics' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 10X Genomics' overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

10X Accounts Payable Regression Statistics

Arithmetic Mean9,225,267
Geometric Mean7,971,893
Coefficient Of Variation60.10
Mean Deviation4,694,356
Median5,443,000
Standard Deviation5,544,226
Sample Variance30.7T
Range16.9M
R-Value0.76
Mean Square Error14T
R-Squared0.58
Significance0
Slope941,871
Total Sum of Squares430.3T

10X Accounts Payable History

202413.6 M
202315.7 M
202221.6 M
202117.4 M
20204.7 M
201913 M
20188.8 M

About 10X Genomics Financial Statements

10X Genomics stakeholders use historical fundamental indicators, such as 10X Genomics' Accounts Payable, to determine how well the company is positioned to perform in the future. Although 10X Genomics investors may analyze each financial statement separately, they are all interrelated. For example, changes in 10X Genomics' assets and liabilities are reflected in the revenues and expenses on 10X Genomics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in 10X Genomics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable15.7 M13.6 M

Currently Active Assets on Macroaxis

When determining whether 10X Genomics is a strong investment it is important to analyze 10X Genomics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 10X Genomics' future performance. For an informed investment choice regarding 10X Stock, refer to the following important reports:
Check out the analysis of 10X Genomics Correlation against competitors.
For more detail on how to invest in 10X Stock please use our How to Invest in 10X Genomics guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Life Sciences Tools & 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 10X Genomics. If investors know 10X 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 10X Genomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
5.261
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.11)
Return On Equity
(0.25)
The market value of 10X Genomics is measured differently than its book value, which is the value of 10X that is recorded on the company's balance sheet. Investors also form their own opinion of 10X Genomics' value that differs from its market value or its book value, called intrinsic value, which is 10X Genomics' 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 10X Genomics' market value can be influenced by many factors that don't directly affect 10X Genomics' 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 10X Genomics' value and its price as these two are different measures arrived at by different means. Investors typically determine if 10X Genomics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 10X Genomics' 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.