Axalta Accounts Payable from 2010 to 2024

AXTA Stock  USD 39.78  0.89  2.29%   
Axalta Coating's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 588.9 M. Accounts Payable is the amount Axalta Coating Systems owes to suppliers or vendors for products or services received but not yet paid for. It represents Axalta Coating's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2012-12-31
Previous Quarter
715 M
Current Value
708 M
Quarterly Volatility
112.5 M
 
Yuan Drop
 
Covid
Check Axalta Coating financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axalta Coating's main balance sheet or income statement drivers, such as Depreciation And Amortization of 199 M, Interest Expense of 162 M or Selling General Administrative of 705.4 M, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 1.0E-4 or PTB Ratio of 3.88. Axalta financial statements analysis is a perfect complement when working with Axalta Coating Valuation or Volatility modules.
  
Check out the analysis of Axalta Coating Correlation against competitors.

Latest Axalta Coating's Accounts Payable Growth Pattern

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

Axalta Accounts Payable Regression Statistics

Arithmetic Mean519,518,389
Geometric Mean509,561,707
Coefficient Of Variation20.64
Mean Deviation86,739,615
Median494,500,000
Standard Deviation107,216,687
Sample Variance11495.4T
Range343.6M
R-Value0.89
Mean Square Error2509.6T
R-Squared0.80
Slope21,406,896
Total Sum of Squares160935.9T

Axalta Accounts Payable History

2024588.9 M
2023665.3 M
2022733.5 M
2021657.4 M
2020564.4 M
2019483.7 M
2018522.8 M

About Axalta Coating Financial Statements

Axalta Coating stakeholders use historical fundamental indicators, such as Axalta Coating's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Axalta Coating investors may analyze each financial statement separately, they are all interrelated. For example, changes in Axalta Coating's assets and liabilities are reflected in the revenues and expenses on Axalta Coating'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 Axalta Coating Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable665.3 M588.9 M

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When determining whether Axalta Coating Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axalta Coating'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 Axalta Coating Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axalta Coating Systems Stock:
Check out the analysis of Axalta Coating Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Specialty Chemicals 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 Axalta Coating. If investors know Axalta 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 Axalta Coating 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
0.412
Earnings Share
1.48
Revenue Per Share
23.932
Quarterly Revenue Growth
0.008
Return On Assets
0.0672
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating'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 Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating'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 Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating'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.