Roots Accounts Payable from 2010 to 2026

4RO Stock  EUR 1.88  0.05  2.73%   
Roots Corp's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 27.4 M. Accounts Payable is the amount Roots Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents Roots Corp's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2019-10-31
Previous Quarter
30.4 M
Current Value
35.8 M
Quarterly Volatility
7.3 M
 
Covid
 
Interest Hikes
Check Roots Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Roots Corp's main balance sheet or income statement drivers, such as Interest Expense of 8.3 M, Selling General Administrative of 115.3 M or Total Revenue of 229.2 M, as well as many indicators such as . Roots financial statements analysis is a perfect complement when working with Roots Corp Valuation or Volatility modules.
  
This module can also supplement various Roots Corp Technical models . Check out the analysis of Roots Corp Correlation against competitors.
The Accounts Payable trend for Roots Corp offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Roots Corp is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Roots Corp's Accounts Payable Growth Pattern

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

Roots Accounts Payable Regression Statistics

Arithmetic Mean22,598,851
Geometric Mean21,676,081
Coefficient Of Variation30.99
Mean Deviation5,882,766
Median20,252,000
Standard Deviation7,003,468
Sample Variance49T
Range22M
R-Value0.84
Mean Square Error15.6T
R-Squared0.70
Significance0.000027
Slope1,162,002
Total Sum of Squares784.8T

Roots Accounts Payable History

202627.4 M
202533.9 M
202429.5 M
202324.9 M
202238.4 M
202128.3 M
202025.9 M

About Roots Corp Financial Statements

Roots Corp stakeholders use historical fundamental indicators, such as Roots Corp's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Roots Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Roots Corp's assets and liabilities are reflected in the revenues and expenses on Roots Corp'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 Roots Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable33.9 M27.4 M

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Other Information on Investing in Roots Stock

Roots Corp financial ratios help investors to determine whether Roots Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Roots with respect to the benefits of owning Roots Corp security.