Codexis Accounts Payable from 2010 to 2024

CDXS Stock  USD 4.61  0.28  6.47%   
Codexis Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 4 M in 2024. Accounts Payable is the amount Codexis owes to suppliers or vendors for products or services received but not yet paid for. It represents Codexis' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2006-12-31
Previous Quarter
3.7 M
Current Value
4.2 M
Quarterly Volatility
2.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Codexis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Codexis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.9 M, Interest Expense of 1.9 M or Selling General Administrative of 35.1 M, as well as many indicators such as Price To Sales Ratio of 4.5, Dividend Yield of 0.0 or PTB Ratio of 4.05. Codexis financial statements analysis is a perfect complement when working with Codexis Valuation or Volatility modules.
  
Check out the analysis of Codexis Correlation against competitors.
For more information on how to buy Codexis Stock please use our How to Invest in Codexis guide.

Latest Codexis' Accounts Payable Growth Pattern

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

Codexis Accounts Payable Regression Statistics

Arithmetic Mean4,075,781
Geometric Mean3,794,887
Coefficient Of Variation47.79
Mean Deviation1,188,384
Median3,545,000
Standard Deviation1,947,932
Sample Variance3.8T
Range7.9M
R-Value(0.24)
Mean Square Error3.8T
R-Squared0.06
Significance0.38
Slope(106,318)
Total Sum of Squares53.1T

Codexis Accounts Payable History

2024M
20235.9 M
20223.2 M
2021M
2020M
20192.6 M
2018M

About Codexis Financial Statements

Codexis shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Codexis investors may analyze each financial statement separately, they are all interrelated. The changes in Codexis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Codexis' 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 Payable5.9 MM

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Codexis Stock Analysis

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