Crane Accounts Payable from 2010 to 2024

CXT Stock   58.24  1.38  2.43%   
Crane NXT Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable is likely to outpace its year average in 2024. Accounts Payable is the amount Crane NXT Co owes to suppliers or vendors for products or services received but not yet paid for. It represents Crane NXT's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
106.5 M
Current Value
181.5 M
Quarterly Volatility
60 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Crane NXT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Crane NXT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 105.8 M, Interest Expense of 50.5 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.007 or PTB Ratio of 3.52. Crane financial statements analysis is a perfect complement when working with Crane NXT Valuation or Volatility modules.
  
Check out the analysis of Crane NXT Correlation against competitors.

Latest Crane NXT's Accounts Payable Growth Pattern

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

Crane Accounts Payable Regression Statistics

Arithmetic Mean222,696,444
Geometric Mean213,745,737
Coefficient Of Variation26.94
Mean Deviation36,631,882
Median223,300,000
Standard Deviation59,985,979
Sample Variance3598.3T
Range222.7M
R-Value(0.29)
Mean Square Error3546.9T
R-Squared0.08
Significance0.29
Slope(3,903,833)
Total Sum of Squares50376.4T

Crane Accounts Payable History

2024181.5 M
2023106.5 M
2022109.6 M
2021273.7 M
2020218.4 M
2019311.1 M
2018329.2 M

About Crane NXT Financial Statements

Crane NXT shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Crane NXT investors may analyze each financial statement separately, they are all interrelated. The changes in Crane NXT's assets and liabilities, for example, are also reflected in the revenues and expenses on on Crane NXT's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable106.5 M181.5 M

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Additional Tools for Crane Stock Analysis

When running Crane NXT's price analysis, check to measure Crane NXT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crane NXT is operating at the current time. Most of Crane NXT's value examination focuses on studying past and present price action to predict the probability of Crane NXT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane NXT's price. Additionally, you may evaluate how the addition of Crane NXT to your portfolios can decrease your overall portfolio volatility.