Fifth Accounts Payable from 2010 to 2025

FITB Stock  USD 40.17  0.08  0.20%   
Fifth Third's Accounts Payable is decreasing over the years with very volatile fluctuation. Accounts Payable is expected to dwindle to about 1.6 B. Accounts Payable is the amount Fifth Third Bancorp owes to suppliers or vendors for products or services received but not yet paid for. It represents Fifth Third's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-03-31
Previous Quarter
1.8 B
Current Value
167.7 B
Quarterly Volatility
46.9 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fifth Third financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fifth Third's main balance sheet or income statement drivers, such as Interest Expense of 5 B, Other Operating Expenses of 8.7 B or Operating Income of 5.4 B, as well as many indicators such as Price To Sales Ratio of 4.92, Dividend Yield of 0.0241 or PTB Ratio of 2.53. Fifth financial statements analysis is a perfect complement when working with Fifth Third Valuation or Volatility modules.
  
Check out the analysis of Fifth Third Correlation against competitors.

Latest Fifth Third's Accounts Payable Growth Pattern

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

Fifth Accounts Payable Regression Statistics

Arithmetic Mean19,393,913,125
Geometric Mean3,706,040,019
Coefficient Of Variation234.42
Mean Deviation28,475,032,578
Median1,822,000,000
Standard Deviation45,463,251,968
Sample Variance2066907279.5T
Range167.9B
R-Value(0.05)
Mean Square Error2207869082.9T
R-Squared0
Significance0.84
Slope(524,241,838)
Total Sum of Squares31003609192.2T

Fifth Accounts Payable History

20251.6 B
20241.6 B
20221.8 B
2021169.3 B
20202.6 B
20192.4 B
20181.6 B

About Fifth Third Financial Statements

Fifth Third stakeholders use historical fundamental indicators, such as Fifth Third's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Fifth Third investors may analyze each financial statement separately, they are all interrelated. For example, changes in Fifth Third's assets and liabilities are reflected in the revenues and expenses on Fifth Third'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 Fifth Third Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable1.6 B1.6 B

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 Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third'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 Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:
Check out the analysis of Fifth Third Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Diversified Banks 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 Fifth Third. If investors know Fifth 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 Fifth Third 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
0.196
Dividend Share
1.44
Earnings Share
3.14
Revenue Per Share
11.654
Quarterly Revenue Growth
(0.05)
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third'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 Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third'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 Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third'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.