Parke Accounts Payable from 2010 to 2025

PKBK Stock  USD 18.75  0.07  0.37%   
Parke Bancorp Accounts Payable yearly trend continues to be quite stable with very little volatility. Accounts Payable may rise above about 8.4 M this year. Accounts Payable is the amount Parke Bancorp owes to suppliers or vendors for products or services received but not yet paid for. It represents Parke Bancorp's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2001-12-31
Previous Quarter
7.1 M
Current Value
M
Quarterly Volatility
38.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Parke Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Parke Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 69.7 M, Selling General Administrative of 14.8 M or Total Revenue of 40.7 M, as well as many indicators such as Price To Sales Ratio of 3.82, Dividend Yield of 0.02 or PTB Ratio of 1.18. Parke financial statements analysis is a perfect complement when working with Parke Bancorp Valuation or Volatility modules.
  
Check out the analysis of Parke Bancorp Correlation against competitors.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.

Latest Parke Bancorp's Accounts Payable Growth Pattern

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

Parke Accounts Payable Regression Statistics

Arithmetic Mean6,264,712
Geometric Mean1,757,235
Coefficient Of Variation255.79
Mean Deviation7,893,658
Median1,603,000
Standard Deviation16,024,314
Sample Variance256.8T
Range65.2M
R-Value(0.30)
Mean Square Error250.8T
R-Squared0.09
Significance0.26
Slope(1,000,601)
Total Sum of Squares3851.7T

Parke Accounts Payable History

20258.4 M
2024M
20234.1 M
20222.7 M
20211.6 M
20202.3 M
20192.3 M

About Parke Bancorp Financial Statements

Parke Bancorp investors utilize fundamental indicators, such as Accounts Payable, to predict how Parke 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
Accounts PayableM8.4 M

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When determining whether Parke Bancorp 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 Parke 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 Parke Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Parke Bancorp Stock:
Check out the analysis of Parke Bancorp Correlation against competitors.
For more information on how to buy Parke Stock please use our How to buy in Parke Stock guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 Parke Bancorp. If investors know Parke 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 Parke Bancorp 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
(0.1)
Dividend Share
0.72
Earnings Share
2.27
Revenue Per Share
5.21
Quarterly Revenue Growth
(0.05)
The market value of Parke Bancorp is measured differently than its book value, which is the value of Parke that is recorded on the company's balance sheet. Investors also form their own opinion of Parke Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Parke Bancorp'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 Parke Bancorp's market value can be influenced by many factors that don't directly affect Parke Bancorp'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 Parke Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Parke Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parke Bancorp'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.