OceanFirst Accounts Payable from 2010 to 2024

OCFC Stock  USD 20.68  0.16  0.77%   
OceanFirst Financial's Accounts Payable is increasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is expected to go to about 11.7 B this year. Accounts Payable is the amount OceanFirst Financial Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents OceanFirst Financial's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-03-31
Previous Quarter
10 B
Current Value
10.5 B
Quarterly Volatility
3.1 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OceanFirst Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OceanFirst Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17.2 M, Interest Expense of 250.2 M or Selling General Administrative of 154.3 M, as well as many indicators such as Price To Sales Ratio of 2.52, Dividend Yield of 0.0274 or PTB Ratio of 0.59. OceanFirst financial statements analysis is a perfect complement when working with OceanFirst Financial Valuation or Volatility modules.
  
Check out the analysis of OceanFirst Financial Correlation against competitors.

Latest OceanFirst Financial's Accounts Payable Growth Pattern

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

OceanFirst Accounts Payable Regression Statistics

Arithmetic Mean5,368,763,410
Geometric Mean2,771,813,598
Coefficient Of Variation75.38
Mean Deviation3,494,258,437
Median4,342,798,000
Standard Deviation4,046,777,773
Sample Variance16376410.3T
Range11.7B
R-Value0.97
Mean Square Error1000921.3T
R-Squared0.94
Slope878,833,983
Total Sum of Squares229269744.8T

OceanFirst Accounts Payable History

202411.7 B
202311.1 B
20229.7 B
20219.7 B
20209.4 B
20196.3 B
20185.8 B

About OceanFirst Financial Financial Statements

OceanFirst Financial stakeholders use historical fundamental indicators, such as OceanFirst Financial's Accounts Payable, to determine how well the company is positioned to perform in the future. Although OceanFirst Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in OceanFirst Financial's assets and liabilities are reflected in the revenues and expenses on OceanFirst Financial'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 OceanFirst Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable11.1 B11.7 B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether OceanFirst Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OceanFirst Financial'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 Oceanfirst Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Oceanfirst Financial Corp Stock:
Check out the analysis of OceanFirst Financial Correlation against competitors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Regional Banks 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 OceanFirst Financial. If investors know OceanFirst 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 OceanFirst Financial 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
0.258
Dividend Share
0.8
Earnings Share
1.75
Revenue Per Share
6.515
Quarterly Revenue Growth
0.054
The market value of OceanFirst Financial Corp is measured differently than its book value, which is the value of OceanFirst that is recorded on the company's balance sheet. Investors also form their own opinion of OceanFirst Financial's value that differs from its market value or its book value, called intrinsic value, which is OceanFirst Financial'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 OceanFirst Financial's market value can be influenced by many factors that don't directly affect OceanFirst Financial'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 OceanFirst Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if OceanFirst Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OceanFirst Financial'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.