Patrick Other Current Liab from 2010 to 2024

PATK Stock  USD 135.01  0.62  0.46%   
Patrick Industries Other Current Liabilities yearly trend continues to be quite stable with very little volatility. Other Current Liabilities may rise above about 63.6 M this year. From the period between 2010 and 2024, Patrick Industries, Other Current Liabilities regression line of its data series had standard deviation of  31,721,114 and standard deviation of  31,721,114. View All Fundamentals
 
Other Current Liabilities  
First Reported
1985-12-31
Previous Quarter
54 M
Current Value
125.3 M
Quarterly Volatility
43.7 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Patrick Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patrick Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 151.8 M, Interest Expense of 72.4 M or Total Revenue of 3.6 B, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0123 or PTB Ratio of 1.32. Patrick financial statements analysis is a perfect complement when working with Patrick Industries Valuation or Volatility modules.
  
Check out the analysis of Patrick Industries Correlation against competitors.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.

Latest Patrick Industries' Other Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Patrick Industries over the last few years. It is Patrick Industries' Other Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Patrick Industries' overall financial position and show how it may be relating to other accounts over time.
Other Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Patrick Other Current Liab Regression Statistics

Arithmetic Mean41,602,660
Geometric Mean29,839,703
Coefficient Of Variation76.25
Mean Deviation26,507,237
Median36,550,000
Standard Deviation31,721,114
Sample Variance1006.2T
Range100.6M
R-Value0.86
Mean Square Error280.5T
R-Squared0.74
Significance0.000038
Slope6,106,558
Total Sum of Squares14087.2T

Patrick Other Current Liab History

202463.6 M
202360.6 M
202293.7 M
2021107.3 M
202047.6 M
201958 M
201859.2 M

About Patrick Industries Financial Statements

Patrick Industries investors utilize fundamental indicators, such as Other Current Liab, to predict how Patrick Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Other Current Liabilities60.6 M63.6 M

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When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:
Check out the analysis of Patrick Industries Correlation against competitors.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Building Products 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 Patrick Industries. If investors know Patrick 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 Patrick Industries 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
(0.01)
Dividend Share
2.2
Earnings Share
6.96
Revenue Per Share
168.682
Quarterly Revenue Growth
0.062
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' 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 Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' 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 Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' 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.