Shengkai Innovations Accounts Payable

Shengkai Innovations's accounts payable stands at $1M as of March 2013. That compares with $1.2M in the prior-year period — down 13.4% year over year. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Shengkai Innovations reported $1M in accounts payable versus $1.2M a year earlier — a 13.4% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

That compares with $1.2M in the prior-year period — down 13.4% year over year. Sustained growth in accounts payable can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Shengkai Innovations's accounts payable evolved across reporting periods, while the comparison chart places VALV next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.

Yes — within Industrials, accounts payable is commonly used to spot outliers. Shengkai Innovations's reading of $1M is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.