Corteva Accounts Payable from 2010 to 2024

CTVA Stock  USD 57.41  0.25  0.43%   
Corteva's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 3.4 B. Accounts Payable is the amount Corteva owes to suppliers or vendors for products or services received but not yet paid for. It represents Corteva's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2018-03-31
Previous Quarter
3.3 B
Current Value
3.8 B
Quarterly Volatility
1.1 B
 
Covid
Check Corteva financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corteva's main balance sheet or income statement drivers, such as Tax Provision of 86.1 M, Interest Income of 147.4 M or Depreciation And Amortization of 1.2 B, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0123 or PTB Ratio of 0.88. Corteva financial statements analysis is a perfect complement when working with Corteva Valuation or Volatility modules.
  
Check out the analysis of Corteva Correlation against competitors.
For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.

Latest Corteva's Accounts Payable Growth Pattern

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

Corteva Accounts Payable Regression Statistics

Arithmetic Mean1,897,198,333
Geometric Mean0.00
Coefficient Of Variation107.85
Mean Deviation1,941,411,556
Median617,000,000
Standard Deviation2,046,095,816
Sample Variance4186508.1T
Range4.9B
R-Value0.88
Mean Square Error1014794.7T
R-Squared0.77
Significance0.000015
Slope402,752,946
Total Sum of Squares58611113.3T

Corteva Accounts Payable History

20243.4 B
20234.3 B
20224.9 B
20214.1 B
20203.6 B
20193.7 B
20183.8 B

About Corteva Financial Statements

Corteva stakeholders use historical fundamental indicators, such as Corteva's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Corteva investors may analyze each financial statement separately, they are all interrelated. For example, changes in Corteva's assets and liabilities are reflected in the revenues and expenses on Corteva's 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 Corteva. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable4.3 B3.4 B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Corteva offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Corteva's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Corteva Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Corteva Stock:
Check out the analysis of Corteva Correlation against competitors.
For information on how to trade Corteva Stock refer to our How to Trade Corteva Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Fertilizers & Agricultural Chemicals 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 Corteva. If investors know Corteva 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 Corteva 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
0.508
Dividend Share
0.66
Earnings Share
0.95
Revenue Per Share
23.841
Quarterly Revenue Growth
(0.10)
The market value of Corteva is measured differently than its book value, which is the value of Corteva that is recorded on the company's balance sheet. Investors also form their own opinion of Corteva's value that differs from its market value or its book value, called intrinsic value, which is Corteva'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 Corteva's market value can be influenced by many factors that don't directly affect Corteva'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 Corteva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corteva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corteva'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.