First Accounts Payable from 2010 to 2025
| FRME Stock | USD 41.16 0.10 0.24% |
Accounts Payable | First Reported 1992-06-30 | Previous Quarter 18.1 M | Current Value 16.1 M | Quarterly Volatility 172.3 M |
Check First Merchants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Merchants' main balance sheet or income statement drivers, such as Interest Expense of 448.2 M, Other Operating Expenses of 7 M or Operating Income of 987.6 M, as well as many indicators such as Price To Sales Ratio of 2.71, Dividend Yield of 0.0354 or PTB Ratio of 1.45. First financial statements analysis is a perfect complement when working with First Merchants Valuation or Volatility modules.
First | Accounts Payable |
Latest First Merchants' Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of First Merchants over the last few years. An accounting item on the balance sheet that represents First Merchants 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 First Merchants 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. First Merchants' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Merchants' overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
First Accounts Payable Regression Statistics
| Arithmetic Mean | 6,230,694 | |
| Geometric Mean | 4,473,936 | |
| Coefficient Of Variation | 92.65 | |
| Mean Deviation | 4,381,454 | |
| Median | 3,287,000 | |
| Standard Deviation | 5,773,011 | |
| Sample Variance | 33.3T | |
| Range | 17.4M | |
| R-Value | 0.79 | |
| Mean Square Error | 13.4T | |
| R-Squared | 0.63 | |
| Significance | 0.0003 | |
| Slope | 958,927 | |
| Total Sum of Squares | 499.9T |
First Accounts Payable History
About First Merchants Financial Statements
First Merchants stakeholders use historical fundamental indicators, such as First Merchants' Accounts Payable, to determine how well the company is positioned to perform in the future. Although First Merchants investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Merchants' assets and liabilities are reflected in the revenues and expenses on First Merchants' 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 First Merchants. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 16.1 M | 16.9 M |
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Check out the analysis of First Merchants Correlation against competitors. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Regional 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 First Merchants. If investors know First 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 First Merchants 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 0.571 | Dividend Share 1.39 | Earnings Share 3.41 | Revenue Per Share | Quarterly Revenue Growth 0.116 |
The market value of First Merchants is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' 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 First Merchants' market value can be influenced by many factors that don't directly affect First Merchants' 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 First Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' 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.