Open Accounts Payable from 2010 to 2024
| OTEX Stock | USD 35.66 0.02 0.06% |
Accounts Payable | First Reported 1996-12-31 | Previous Quarter 138.5 M | Current Value 144.2 M | Quarterly Volatility 136.4 M |
Check Open Text financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Open main balance sheet or income statement drivers, such as Interest Expense of 439.1 M, Total Revenue of 5.4 B or Gross Profit of 3.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.11, Dividend Yield of 0.0126 or PTB Ratio of 3.19. Open financial statements analysis is a perfect complement when working with Open Text Valuation or Volatility modules.
Open | Accounts Payable |
Latest Open Text's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Open Text Corp over the last few years. An accounting item on the balance sheet that represents Open Text 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 Open Text 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. Open Text's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Open Text's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
|
Accounts Payable |
| Timeline |
Open Accounts Payable Regression Statistics
| Arithmetic Mean | 198,355,505 | |
| Geometric Mean | 123,486,582 | |
| Coefficient Of Variation | 73.22 | |
| Mean Deviation | 118,426,263 | |
| Median | 187,128,000 | |
| Standard Deviation | 145,229,081 | |
| Sample Variance | 21091.5T | |
| Range | 441.5M | |
| R-Value | 0.34 | |
| Mean Square Error | 20016.9T | |
| R-Squared | 0.12 | |
| Significance | 0.21 | |
| Slope | 11,190,007 | |
| Total Sum of Squares | 295280.8T |
Open Accounts Payable History
About Open Text Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Open Text income statement, its balance sheet, and the statement of cash flows. Open Text investors use historical funamental indicators, such as Open Text's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Open Text investors may use each financial statement separately, they are all related. The changes in Open Text's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Open Text's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Open Text Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Open Text. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 187.1 M | 127 M |
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Try AI Portfolio ArchitectCheck out the analysis of Open Text Correlation against competitors. Note that the Open Text Corp information on this page should be used as a complementary analysis to other Open Text's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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When running Open Text's price analysis, check to measure Open Text'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 Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.
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Is Open Text's industry 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 Open Text. If investors know Open 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 Open Text 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 (0.85) | Dividend Share 0.986 | Earnings Share 0.48 | Revenue Per Share 21.019 | Quarterly Revenue Growth 0.71 |
The market value of Open Text Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Text's value that differs from its market value or its book value, called intrinsic value, which is Open Text'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 Open Text's market value can be influenced by many factors that don't directly affect Open Text'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 Open Text's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Text is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Text'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.