Copart Accounts Payable from 2010 to 2024

CPRT Stock  USD 51.80  0.80  1.57%   
Copart Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable is likely to outpace its year average in 2024. Accounts Payable is the amount Copart Inc owes to suppliers or vendors for products or services received but not yet paid for. It represents Copart's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1994-04-30
Previous Quarter
506.8 M
Current Value
518.1 M
Quarterly Volatility
135.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Copart financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Copart's main balance sheet or income statement drivers, such as Depreciation And Amortization of 199.2 M, Interest Expense of 153 M or Total Revenue of 4.4 B, as well as many indicators such as Price To Sales Ratio of 12.46, Dividend Yield of 0.0 or PTB Ratio of 3.76. Copart financial statements analysis is a perfect complement when working with Copart Valuation or Volatility modules.
  
Check out the analysis of Copart Correlation against competitors.

Latest Copart's Accounts Payable Growth Pattern

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

Copart Accounts Payable Regression Statistics

Arithmetic Mean214,101,027
Geometric Mean155,951,444
Coefficient Of Variation67.23
Mean Deviation99,688,172
Median180,016,000
Standard Deviation143,942,973
Sample Variance20719.6T
Range540M
R-Value0.73
Mean Square Error10278.6T
R-Squared0.54
Significance0
Slope23,638,078
Total Sum of Squares290074.1T

Copart Accounts Payable History

2024544.1 M
2023518.1 M
2022180 M
2021187.2 M
2020163.2 M
2019132.9 M
2018270.9 M

About Copart Financial Statements

Copart shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Copart investors may analyze each financial statement separately, they are all interrelated. The changes in Copart's assets and liabilities, for example, are also reflected in the revenues and expenses on on Copart'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 Payable518.1 M544.1 M

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Additional Tools for Copart Stock Analysis

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