MYR Accounts Payable from 2010 to 2025

MYRG Stock  USD 128.97  0.45  0.35%   
MYR's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is estimated to finish at about 310.2 M this year. Accounts Payable is the amount MYR Group owes to suppliers or vendors for products or services received but not yet paid for. It represents MYR's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-03-31
Previous Quarter
330 M
Current Value
295.5 M
Quarterly Volatility
97 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MYR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MYR's main balance sheet or income statement drivers, such as Depreciation And Amortization of 71.4 M, Interest Expense of 6.9 M or Total Revenue of 3.5 B, as well as many indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.17 or PTB Ratio of 3.88. MYR financial statements analysis is a perfect complement when working with MYR Valuation or Volatility modules.
  
Check out the analysis of MYR Correlation against competitors.

Latest MYR's Accounts Payable Growth Pattern

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

MYR Accounts Payable Regression Statistics

Arithmetic Mean161,615,612
Geometric Mean110,811,680
Coefficient Of Variation66.25
Mean Deviation88,066,689
Median139,480,000
Standard Deviation107,076,359
Sample Variance11465.3T
Range357.7M
R-Value0.92
Mean Square Error1915.4T
R-Squared0.84
Slope20,662,901
Total Sum of Squares171980.2T

MYR Accounts Payable History

2025310.2 M
2024295.5 M
2023359.4 M
2022315.3 M
2021200.7 M
2020162.6 M
2019192.1 M

About MYR Financial Statements

MYR stakeholders use historical fundamental indicators, such as MYR's Accounts Payable, to determine how well the company is positioned to perform in the future. Although MYR investors may analyze each financial statement separately, they are all interrelated. For example, changes in MYR's assets and liabilities are reflected in the revenues and expenses on MYR's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MYR Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable295.5 M310.2 M

Currently Active Assets on Macroaxis

When determining whether MYR Group is a strong investment it is important to analyze MYR's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MYR's future performance. For an informed investment choice regarding MYR Stock, refer to the following important reports:
Check out the analysis of MYR Correlation against competitors.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Construction & Engineering 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 MYR. If investors know MYR 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 MYR 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
(0.31)
Earnings Share
1.83
Revenue Per Share
204.184
Quarterly Revenue Growth
(0.17)
Return On Assets
0.0187
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR'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 MYR's market value can be influenced by many factors that don't directly affect MYR'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 MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR'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.