ITT Accounts Payable from 2010 to 2025

ITT Stock  USD 139.46  0.41  0.29%   
ITT 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 ITT Inc owes to suppliers or vendors for products or services received but not yet paid for. It represents ITT's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1994-03-31
Previous Quarter
460.4 M
Current Value
458.4 M
Quarterly Volatility
691.2 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ITT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ITT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 157.5 M, Interest Expense of 28.2 M or Total Revenue of 4.7 B, as well as many indicators such as Price To Sales Ratio of 3.38, Dividend Yield of 0.0085 or PTB Ratio of 4.44. ITT financial statements analysis is a perfect complement when working with ITT Valuation or Volatility modules.
  
Check out the analysis of ITT Correlation against competitors.

Latest ITT's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of ITT Inc over the last few years. An accounting item on the balance sheet that represents ITT 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 ITT Inc 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. ITT's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ITT'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  

ITT Accounts Payable Regression Statistics

Arithmetic Mean388,998,500
Geometric Mean377,014,257
Coefficient Of Variation30.21
Mean Deviation75,760,438
Median351,400,000
Standard Deviation117,526,241
Sample Variance13812.4T
Range479.3M
R-Value(0.08)
Mean Square Error14711.4T
R-Squared0.01
Significance0.78
Slope(1,899,353)
Total Sum of Squares207186.3T

ITT Accounts Payable History

2025473.6 M
2024458.4 M
2023437 M
2022401.1 M
2021373.4 M
2020306.8 M
2019332.4 M

About ITT Financial Statements

ITT shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although ITT investors may analyze each financial statement separately, they are all interrelated. The changes in ITT's assets and liabilities, for example, are also reflected in the revenues and expenses on on ITT's 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 Payable458.4 M473.6 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for ITT Stock Analysis

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