Interface Accounts Payable from 2010 to 2024

TILE Stock  USD 26.52  0.30  1.12%   
Interface's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 62.8 M. Accounts Payable is the amount Interface owes to suppliers or vendors for products or services received but not yet paid for. It represents Interface's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-12-31
Previous Quarter
78.5 M
Current Value
78.3 M
Quarterly Volatility
14 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Interface financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Interface's main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.6 M, Interest Expense of 40 M or Selling General Administrative of 236.9 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.003 or PTB Ratio of 1.83. Interface financial statements analysis is a perfect complement when working with Interface Valuation or Volatility modules.
  
Check out the analysis of Interface Correlation against competitors.
For information on how to trade Interface Stock refer to our How to Trade Interface Stock guide.

Latest Interface's Accounts Payable Growth Pattern

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

Interface Accounts Payable Regression Statistics

Arithmetic Mean57,361,553
Geometric Mean52,118,708
Coefficient Of Variation31.35
Mean Deviation11,872,857
Median56,292,000
Standard Deviation17,981,916
Sample Variance323.3T
Range78.5M
R-Value0.69
Mean Square Error184.8T
R-Squared0.47
Significance0
Slope2,754,808
Total Sum of Squares4526.9T

Interface Accounts Payable History

202462.8 M
202362.9 M
202278.3 M
202185.9 M
202058.7 M
201975.7 M
201866.3 M

About Interface Financial Statements

Interface stakeholders use historical fundamental indicators, such as Interface's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Interface investors may analyze each financial statement separately, they are all interrelated. For example, changes in Interface's assets and liabilities are reflected in the revenues and expenses on Interface'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 Interface. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable62.9 M62.8 M

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 Interface is a strong investment it is important to analyze Interface'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 Interface's future performance. For an informed investment choice regarding Interface Stock, refer to the following important reports:
Check out the analysis of Interface Correlation against competitors.
For information on how to trade Interface Stock refer to our How to Trade Interface Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Commercial Services & Supplies 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 Interface. If investors know Interface 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 Interface 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
1.857
Dividend Share
0.04
Earnings Share
1.44
Revenue Per Share
22.423
Quarterly Revenue Growth
0.107
The market value of Interface is measured differently than its book value, which is the value of Interface that is recorded on the company's balance sheet. Investors also form their own opinion of Interface's value that differs from its market value or its book value, called intrinsic value, which is Interface'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 Interface's market value can be influenced by many factors that don't directly affect Interface'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 Interface's value and its price as these two are different measures arrived at by different means. Investors typically determine if Interface is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Interface'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.