Comerica Accounts Payable from 2010 to 2024

CMA Stock  USD 68.90  1.02  1.50%   
Comerica's Accounts Payable is decreasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is projected to go to about -30.4 M this year. Accounts Payable is the amount Comerica owes to suppliers or vendors for products or services received but not yet paid for. It represents Comerica's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-03-31
Previous Quarter
4.8 B
Current Value
-32 M
Quarterly Volatility
18.3 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comerica financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comerica's main balance sheet or income statement drivers, such as Interest Expense of 1.7 B, Other Operating Expenses of 3.8 B or Operating Income of 1.4 B, as well as many indicators such as Price To Sales Ratio of 2.35, Dividend Yield of 0.0385 or PTB Ratio of 1.75. Comerica financial statements analysis is a perfect complement when working with Comerica Valuation or Volatility modules.
  
Check out the analysis of Comerica Correlation against competitors.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.

Latest Comerica's Accounts Payable Growth Pattern

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

Comerica Accounts Payable Regression Statistics

Arithmetic Mean13,054,774,133
Coefficient Of Variation263.30
Mean Deviation29,256,982,293
Median848,000,000
Standard Deviation34,373,681,493
Sample Variance1181549979.4T
Range99.8B
R-Value(0.65)
Mean Square Error729615888T
R-Squared0.43
Significance0.01
Slope(5,020,206,729)
Total Sum of Squares16541699711.1T

Comerica Accounts Payable History

2024-30.4 M
2023-32 M
2022-40 B
2021848 M
2020875 M
201945 M
201816 M

About Comerica Financial Statements

Comerica stakeholders use historical fundamental indicators, such as Comerica's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Comerica investors may analyze each financial statement separately, they are all interrelated. For example, changes in Comerica's assets and liabilities are reflected in the revenues and expenses on Comerica'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 Comerica. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable-32 M-30.4 M

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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 Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica'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 Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:
Check out the analysis of Comerica Correlation against competitors.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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 Comerica. If investors know Comerica 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 Comerica 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
(0.28)
Dividend Share
2.84
Earnings Share
4
Revenue Per Share
23.812
Quarterly Revenue Growth
(0.1)
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica'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 Comerica's market value can be influenced by many factors that don't directly affect Comerica'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 Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica'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.