ESS Accounts Payable from 2010 to 2025

GWH Stock  USD 3.34  0.05  1.47%   
ESS Tech's Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 1.9 M. Accounts Payable is the amount ESS Tech owes to suppliers or vendors for products or services received but not yet paid for. It represents ESS Tech's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
3.2 M
Current Value
1.9 M
Quarterly Volatility
939.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ESS Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ESS Tech's main balance sheet or income statement drivers, such as Interest Income of 5.7 M, Depreciation And Amortization of 7.9 M or Interest Expense of 2.6 M, as well as many indicators such as Price To Sales Ratio of 428, Dividend Yield of 0.0 or PTB Ratio of 17.52. ESS financial statements analysis is a perfect complement when working with ESS Tech Valuation or Volatility modules.
  
Check out the analysis of ESS Tech Correlation against competitors.
For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.

Latest ESS Tech's Accounts Payable Growth Pattern

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

ESS Accounts Payable Regression Statistics

Arithmetic Mean1,244,456
Geometric Mean1,006,599
Coefficient Of Variation75.47
Mean Deviation774,626
Median697,000
Standard Deviation939,250
Sample Variance882.2B
Range2.6M
R-Value0.74
Mean Square Error431.2B
R-Squared0.54
Significance0
Slope145,487
Total Sum of Squares13.2T

ESS Accounts Payable History

20251.9 M
20243.2 M
20232.8 M
2022M
20211.6 M
2020522 K

About ESS Tech Financial Statements

Investors use fundamental indicators, such as ESS Tech's Accounts Payable, to determine how well the company is positioned to perform in the future. Although ESS Tech's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Accounts Payable3.2 M1.9 M

Currently Active Assets on Macroaxis

When determining whether ESS Tech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESS Tech'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 Ess Tech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ess Tech Stock:
Check out the analysis of ESS Tech Correlation against competitors.
For more detail on how to invest in ESS Stock please use our How to Invest in ESS Tech guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Electrical Components & Equipment 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 ESS Tech. If investors know ESS 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 ESS Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.62)
Revenue Per Share
0.534
Quarterly Revenue Growth
(0.77)
Return On Assets
(0.42)
Return On Equity
(0.95)
The market value of ESS Tech is measured differently than its book value, which is the value of ESS that is recorded on the company's balance sheet. Investors also form their own opinion of ESS Tech's value that differs from its market value or its book value, called intrinsic value, which is ESS Tech'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 ESS Tech's market value can be influenced by many factors that don't directly affect ESS Tech'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 ESS Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESS Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESS Tech'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.