Clean Accounts Payable from 2010 to 2024

CLH Stock  USD 259.00  6.50  2.57%   
Clean Harbors' Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is estimated to finish at about 474.4 M this year. Accounts Payable is the amount Clean Harbors owes to suppliers or vendors for products or services received but not yet paid for. It represents Clean Harbors' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-12-31
Previous Quarter
447.9 M
Current Value
504.2 M
Quarterly Volatility
133.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clean Harbors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clean Harbors' main balance sheet or income statement drivers, such as Depreciation And Amortization of 384 M, Interest Expense of 126.6 M or Selling General Administrative of 704.7 M, as well as many indicators such as Price To Sales Ratio of 1.83, Dividend Yield of 2.0E-4 or PTB Ratio of 4.44. Clean financial statements analysis is a perfect complement when working with Clean Harbors Valuation or Volatility modules.
  
Check out the analysis of Clean Harbors Correlation against competitors.
For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.

Latest Clean Harbors' Accounts Payable Growth Pattern

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

Clean Accounts Payable Regression Statistics

Arithmetic Mean282,363,020
Geometric Mean238,669,757
Coefficient Of Variation42.05
Mean Deviation87,114,157
Median267,329,000
Standard Deviation118,723,514
Sample Variance14095.3T
Range457.1M
R-Value0.79
Mean Square Error5596.3T
R-Squared0.63
Significance0.0004
Slope21,093,465
Total Sum of Squares197333.8T

Clean Accounts Payable History

2024474.4 M
2023451.8 M
2022446.6 M
2021359.9 M
2020195.9 M
2019298.4 M
2018276.5 M

About Clean Harbors Financial Statements

Investors use fundamental indicators, such as Clean Harbors' Accounts Payable, to determine how well the company is positioned to perform in the future. Although Clean Harbors' 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 Payable451.8 M474.4 M

Currently Active Assets on Macroaxis

When determining whether Clean Harbors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clean Harbors' 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 Clean Harbors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clean Harbors Stock:
Check out the analysis of Clean Harbors Correlation against competitors.
For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Environmental & Facilities Services 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 Clean Harbors. If investors know Clean 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 Clean Harbors 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
0.262
Earnings Share
7.68
Revenue Per Share
107.451
Quarterly Revenue Growth
0.12
Return On Assets
0.0628
The market value of Clean Harbors is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Harbors' value that differs from its market value or its book value, called intrinsic value, which is Clean Harbors' 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 Clean Harbors' market value can be influenced by many factors that don't directly affect Clean Harbors' 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 Clean Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Harbors' 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.