General Accounts Payable from 2010 to 2025

GIS Stock  USD 57.79  0.38  0.65%   
General Mills Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable is likely to outpace its year average in 2025. Accounts Payable is the amount General Mills owes to suppliers or vendors for products or services received but not yet paid for. It represents General Mills' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-02-28
Previous Quarter
4.1 B
Current Value
3.7 B
Quarterly Volatility
1.1 B
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check General Mills financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among General Mills' main balance sheet or income statement drivers, such as Depreciation And Amortization of 408 M, Interest Expense of 601.3 M or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0242 or PTB Ratio of 4.56. General financial statements analysis is a perfect complement when working with General Mills Valuation or Volatility modules.
  
Check out the analysis of General Mills Correlation against competitors.
For more information on how to buy General Stock please use our How to Invest in General Mills guide.

Latest General Mills' Accounts Payable Growth Pattern

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

General Accounts Payable Regression Statistics

Arithmetic Mean2,786,171,156
Geometric Mean2,405,697,321
Coefficient Of Variation47.83
Mean Deviation1,128,933,656
Median2,854,100,000
Standard Deviation1,332,602,521
Sample Variance1775829.5T
Range4.3B
R-Value0.99
Mean Square Error30295.3T
R-Squared0.98
Slope277,665,202
Total Sum of Squares26637442.2T

General Accounts Payable History

20254.8 B
20244.6 B
2023B
20224.2 B
2021B
20203.7 B
20193.2 B

About General Mills Financial Statements

General Mills shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although General Mills investors may analyze each financial statement separately, they are all interrelated. The changes in General Mills' assets and liabilities, for example, are also reflected in the revenues and expenses on on General Mills' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable4.6 B4.8 B

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Additional Tools for General Stock Analysis

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