Quest Accounts Payable from 2010 to 2025

DGX Stock  USD 175.41  1.35  0.78%   
Quest Diagnostics Accounts Payable yearly trend continues to be fairly stable with very little volatility. Accounts Payable is likely to outpace its year average in 2025. Accounts Payable is the amount Quest Diagnostics Incorporated owes to suppliers or vendors for products or services received but not yet paid for. It represents Quest Diagnostics' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1997-03-31
Previous Quarter
1.3 B
Current Value
287 M
Quarterly Volatility
378 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 274.7 M, Interest Expense of 237.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 0.0208 or PTB Ratio of 2.99. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Quest Diagnostics Correlation against competitors.

Latest Quest Diagnostics' Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Quest Diagnostics Incorporated over the last few years. An accounting item on the balance sheet that represents Quest Diagnostics 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 Quest Diagnostics 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. Quest Diagnostics' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quest Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Quest Accounts Payable Regression Statistics

Arithmetic Mean422,018,000
Geometric Mean332,910,553
Coefficient Of Variation94.55
Mean Deviation254,705,750
Median263,000,000
Standard Deviation399,000,720
Sample Variance159201.6T
Range1.3B
R-Value0.67
Mean Square Error93813.7T
R-Squared0.45
Significance0
Slope56,219,924
Total Sum of Squares2388023.6T

Quest Accounts Payable History

20251.5 B
20241.4 B
2023378 M
2022324 M
2021357 M
2020446 M
2019263 M

About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' Accounts Payable, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable1.4 B1.5 B

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Additional Tools for Quest Stock Analysis

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