Mill Accounts Payable from 2010 to 2025

MCVT Stock  USD 1.99  0.04  2.05%   
Mill City 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 Mill City Ventures owes to suppliers or vendors for products or services received but not yet paid for. It represents Mill City's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2007-12-31
Previous Quarter
87.6 K
Current Value
111.2 K
Quarterly Volatility
351.5 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mill City financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mill City's main balance sheet or income statement drivers, such as Other Operating Expenses of 4.5 M, Total Operating Expenses of 4.4 M or Interest Expense of 102.6 K, as well as many indicators such as Price To Sales Ratio of 4.39, Dividend Yield of 0.0057 or PTB Ratio of 0.78. Mill financial statements analysis is a perfect complement when working with Mill City Valuation or Volatility modules.
  
Check out the analysis of Mill City Correlation against competitors.

Latest Mill City's Accounts Payable Growth Pattern

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

Mill Accounts Payable Regression Statistics

Arithmetic Mean94,138
Geometric Mean44,907
Coefficient Of Variation176.03
Mean Deviation86,555
Median41,125
Standard Deviation165,714
Sample Variance27.5B
Range692K
R-Value0.33
Mean Square Error26.2B
R-Squared0.11
Significance0.21
Slope11,547
Total Sum of Squares411.9B

Mill Accounts Payable History

202588 K
202482.5 K
202371.7 K
2022136.5 K
2021695 K
202019.2 K
201925 K

About Mill City Financial Statements

Mill City shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Mill City investors may analyze each financial statement separately, they are all interrelated. The changes in Mill City's assets and liabilities, for example, are also reflected in the revenues and expenses on on Mill City'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 Payable82.5 K88 K

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Additional Tools for Mill Stock Analysis

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