GDC Accounts Payable from 2010 to 2024

GDC Stock   1.85  0.05  2.63%   
GD Culture's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to 0.00. Accounts Payable is the amount GD Culture Group owes to suppliers or vendors for products or services received but not yet paid for. It represents GD Culture's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2015-09-30
Previous Quarter
3.8 K
Current Value
0.0
Quarterly Volatility
1.1 M
 
Yuan Drop
 
Covid
Check GD Culture financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GD Culture's main balance sheet or income statement drivers, such as Other Operating Expenses of 14.8 M, Total Operating Expenses of 12.2 M or Total Other Income Expense Net of 109.6 K, as well as many indicators such as Price To Sales Ratio of 63.23, Dividend Yield of 0.0 or PTB Ratio of 1.14. GDC financial statements analysis is a perfect complement when working with GD Culture Valuation or Volatility modules.
  
Check out the analysis of GD Culture Correlation against competitors.

Latest GD Culture's Accounts Payable Growth Pattern

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

GDC Accounts Payable Regression Statistics

Arithmetic Mean460,206
Geometric Mean0.00
Coefficient Of Variation208.62
Mean Deviation631,725
Median27,707
Standard Deviation960,070
Sample Variance921.7B
Range3.5M
R-Value0.33
Mean Square Error887.5B
R-Squared0.11
Significance0.24
Slope69,857
Total Sum of Squares12.9T

GDC Accounts Payable History

2023null
2022127.5 K
20213.5 M
20201.1 M
2019344.1 K
20181.4 M
2017126.8 K

About GD Culture Financial Statements

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

Also Currently Popular

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 GD Culture Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of GD Culture'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 Gd Culture Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gd Culture Group Stock:
Check out the analysis of GD Culture Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Movies & Entertainment 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 GD Culture. If investors know GDC 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 GD Culture listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.87)
Revenue Per Share
(0.02)
Return On Assets
(1.12)
Return On Equity
(2.19)
The market value of GD Culture Group is measured differently than its book value, which is the value of GDC that is recorded on the company's balance sheet. Investors also form their own opinion of GD Culture's value that differs from its market value or its book value, called intrinsic value, which is GD Culture'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 GD Culture's market value can be influenced by many factors that don't directly affect GD Culture'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 GD Culture's value and its price as these two are different measures arrived at by different means. Investors typically determine if GD Culture is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GD Culture'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.