Shengkai Innovations Accounts Payable

Shengkai Innovations (VALV) currently reports a accounts payable of $1M as of March 2013. That compares with $1.2M in the prior-year period — down 13.4% year over year. Use the charts on this page to explore Shengkai Innovations's accounts payable history and peer comparisons.

Shengkai Innovations's accounts payable decreased from $1.2M to $1M — a 13.4% year-over-year decrease (period ending March 2013). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Shengkai Innovations reported $1M in accounts payable as of March 2013. That compares with $1.2M in the prior-year period — down 13.4% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current accounts payable of $1M, then check the historical chart for trend and the peer comparison chart for relative positioning. From there, open related valuation or income-statement pages for Shengkai Innovations, and consider following VALV for alerts when major investors trade the stock.

Shengkai Innovations is classified in the Industrials sector. On accounts payable, it currently shows $1M. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Industrials are usually more informative than comparing VALV with unrelated industries.