MGP Accounts Payable from 2010 to 2024

MGPI Stock  USD 46.28  0.29  0.63%   
MGP Ingredients' Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is estimated to finish at about 77.3 M this year. Accounts Payable is the amount MGP Ingredients owes to suppliers or vendors for products or services received but not yet paid for. It represents MGP Ingredients' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-09-30
Previous Quarter
56.1 M
Current Value
53.7 M
Quarterly Volatility
15.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MGP Ingredients financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGP Ingredients' main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.2 M, Interest Expense of 7 M or Total Revenue of 878.3 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.008 or PTB Ratio of 1.77. MGP financial statements analysis is a perfect complement when working with MGP Ingredients Valuation or Volatility modules.
  
Check out the analysis of MGP Ingredients Correlation against competitors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.

Latest MGP Ingredients' Accounts Payable Growth Pattern

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

MGP Accounts Payable Regression Statistics

Arithmetic Mean33,700,847
Geometric Mean27,004,802
Coefficient Of Variation67.47
Mean Deviation18,161,108
Median25,363,000
Standard Deviation22,738,307
Sample Variance517T
Range72.6M
R-Value0.90
Mean Square Error104.7T
R-Squared0.81
Slope4,581,650
Total Sum of Squares7238.4T

MGP Accounts Payable History

202477.3 M
202373.6 M
202266.4 M
202153.7 M
202030.3 M
201929.5 M
201825.4 M

About MGP Ingredients Financial Statements

Investors use fundamental indicators, such as MGP Ingredients' Accounts Payable, to determine how well the company is positioned to perform in the future. Although MGP Ingredients' 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 Payable73.6 M77.3 M

Currently Active Assets on Macroaxis

When determining whether MGP Ingredients offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MGP Ingredients' 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 Mgp Ingredients Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mgp Ingredients Stock:
Check out the analysis of MGP Ingredients Correlation against competitors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Distillers & Vintners 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 MGP Ingredients. If investors know MGP 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 MGP Ingredients 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
0.845
Dividend Share
0.48
Earnings Share
4.82
Revenue Per Share
33.38
Quarterly Revenue Growth
(0.24)
The market value of MGP Ingredients is measured differently than its book value, which is the value of MGP that is recorded on the company's balance sheet. Investors also form their own opinion of MGP Ingredients' value that differs from its market value or its book value, called intrinsic value, which is MGP Ingredients' 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 MGP Ingredients' market value can be influenced by many factors that don't directly affect MGP Ingredients' 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 MGP Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGP Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGP Ingredients' 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.