Citizens Accounts Payable from 2010 to 2024

CFG Stock  USD 48.46  0.81  1.70%   
Citizens Financial's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 133.2 B. Accounts Payable is the amount Citizens Financial Group, owes to suppliers or vendors for products or services received but not yet paid for. It represents Citizens Financial's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2012-12-31
Previous Quarter
172.2 B
Current Value
178.2 B
Quarterly Volatility
63.1 B
 
Yuan Drop
 
Covid
Check Citizens Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Citizens Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 261.7 M, Interest Expense of 4.2 B or Selling General Administrative of 2.2 B, as well as many indicators such as Price To Sales Ratio of 685, Dividend Yield of 0.0316 or PTB Ratio of 0.61. Citizens financial statements analysis is a perfect complement when working with Citizens Financial Valuation or Volatility modules.
  
Check out the analysis of Citizens Financial Correlation against competitors.

Latest Citizens Financial's Accounts Payable Growth Pattern

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

Citizens Accounts Payable Regression Statistics

Arithmetic Mean124,245,886,667
Geometric Mean120,208,626,667
Coefficient Of Variation28.23
Mean Deviation27,086,930,667
Median115,089,000,000
Standard Deviation35,076,467,980
Sample Variance1230358605.9T
Range120.9B
R-Value0.84
Mean Square Error384650130.4T
R-Squared0.71
Significance0.000081
Slope6,607,508,929
Total Sum of Squares17225020483.3T

Citizens Accounts Payable History

2024133.2 B
2023207.8 B
2022180.7 B
2021154.4 B
2020147.2 B
2019125.3 B
2018119.6 B

About Citizens Financial Financial Statements

Citizens Financial stakeholders use historical fundamental indicators, such as Citizens Financial's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Citizens Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Citizens Financial's assets and liabilities are reflected in the revenues and expenses on Citizens Financial'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 Citizens Financial Group,. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable207.8 B133.2 B

Currently Active Assets on Macroaxis

When determining whether Citizens Financial Group, is a strong investment it is important to analyze Citizens Financial'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 Citizens Financial's future performance. For an informed investment choice regarding Citizens Stock, refer to the following important reports:
Check out the analysis of Citizens Financial Correlation against competitors.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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 Citizens Financial. If investors know Citizens 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 Citizens Financial 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
(0.09)
Dividend Share
1.68
Earnings Share
2.55
Revenue Per Share
15.568
Quarterly Revenue Growth
(0.06)
The market value of Citizens Financial Group, is measured differently than its book value, which is the value of Citizens that is recorded on the company's balance sheet. Investors also form their own opinion of Citizens Financial's value that differs from its market value or its book value, called intrinsic value, which is Citizens Financial'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 Citizens Financial's market value can be influenced by many factors that don't directly affect Citizens Financial'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 Citizens Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citizens Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citizens Financial'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.