Suburban Accounts Payable from 2010 to 2025

SPH Stock  USD 21.08  0.20  0.96%   
Suburban Propane's Accounts Payable is increasing with very volatile movements from year to year. Accounts Payable is predicted to flatten to about 45.3 M. Accounts Payable is the amount Suburban Propane Partners owes to suppliers or vendors for products or services received but not yet paid for. It represents Suburban Propane's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1995-09-30
Previous Quarter
41.1 M
Current Value
86.3 M
Quarterly Volatility
18.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Suburban Propane financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Suburban Propane's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62 M, Interest Expense of 49.2 M or Selling General Administrative of 51.5 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0764 or PTB Ratio of 1.97. Suburban financial statements analysis is a perfect complement when working with Suburban Propane Valuation or Volatility modules.
  
Check out the analysis of Suburban Propane Correlation against competitors.

Latest Suburban Propane's Accounts Payable Growth Pattern

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

Suburban Accounts Payable Regression Statistics

Arithmetic Mean39,668,625
Geometric Mean38,766,666
Coefficient Of Variation21.19
Mean Deviation6,385,203
Median39,169,000
Standard Deviation8,406,125
Sample Variance70.7T
Range31.7M
R-Value0.07
Mean Square Error75.4T
R-Squared0
Significance0.80
Slope119,945
Total Sum of Squares1059.9T

Suburban Accounts Payable History

202545.3 M
202447.2 M
202341.1 M
202240 M
202135.2 M
202039.2 M
201932 M

About Suburban Propane Financial Statements

Investors use fundamental indicators, such as Suburban Propane's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Suburban Propane's 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 Payable47.2 M45.3 M

Currently Active Assets on Macroaxis

When determining whether Suburban Propane Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Suburban Propane'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 Suburban Propane Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suburban Propane Partners Stock:
Check out the analysis of Suburban Propane Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Gas Utilities 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 Suburban Propane. If investors know Suburban 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 Suburban Propane 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
(0.21)
Dividend Share
1.3
Earnings Share
1.06
Revenue Per Share
20.72
Quarterly Revenue Growth
0.02
The market value of Suburban Propane Partners is measured differently than its book value, which is the value of Suburban that is recorded on the company's balance sheet. Investors also form their own opinion of Suburban Propane's value that differs from its market value or its book value, called intrinsic value, which is Suburban Propane'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 Suburban Propane's market value can be influenced by many factors that don't directly affect Suburban Propane'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 Suburban Propane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suburban Propane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suburban Propane'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.