Donegal Accounts Payable from 2010 to 2024

DGICA Stock  USD 16.29  0.31  1.94%   
Donegal Group's Accounts Payable is decreasing over the years with stable fluctuation. Accounts Payable is expected to dwindle to about 6 M. Accounts Payable is the amount Donegal Group A owes to suppliers or vendors for products or services received but not yet paid for. It represents Donegal Group's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1995-12-31
Previous Quarter
3.9 M
Current Value
3.4 M
Quarterly Volatility
229.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Donegal Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Donegal Group's main balance sheet or income statement drivers, such as Interest Expense of 1.2 M, Total Revenue of 973.7 M or Gross Profit of 973.7 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 0.0497 or PTB Ratio of 1.41. Donegal financial statements analysis is a perfect complement when working with Donegal Group Valuation or Volatility modules.
  
Check out the analysis of Donegal Group Correlation against competitors.

Latest Donegal Group's Accounts Payable Growth Pattern

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

Donegal Accounts Payable Regression Statistics

Arithmetic Mean6,007,210
Geometric Mean4,816,833
Coefficient Of Variation78.06
Mean Deviation3,361,746
Median4,116,159
Standard Deviation4,689,352
Sample Variance22T
Range17.2M
R-Value(0.22)
Mean Square Error22.5T
R-Squared0.05
Significance0.43
Slope(233,270)
Total Sum of Squares307.9T

Donegal Accounts Payable History

2024M
20238.8 M
20223.5 M
20213.9 M
20203.2 M
20192.1 M
20184.9 M

About Donegal Group Financial Statements

Donegal Group stakeholders use historical fundamental indicators, such as Donegal Group's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Donegal Group investors may analyze each financial statement separately, they are all interrelated. For example, changes in Donegal Group's assets and liabilities are reflected in the revenues and expenses on Donegal Group'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 Donegal Group A. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable8.8 MM

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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 Donegal Group A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Donegal Group'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 Donegal Group A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Donegal Group A Stock:
Check out the analysis of Donegal Group Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Property & Casualty Insurance 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 Donegal Group. If investors know Donegal 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 Donegal Group 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
1.057
Dividend Share
0.685
Earnings Share
0.76
Revenue Per Share
29.304
Quarterly Revenue Growth
0.076
The market value of Donegal Group A is measured differently than its book value, which is the value of Donegal that is recorded on the company's balance sheet. Investors also form their own opinion of Donegal Group's value that differs from its market value or its book value, called intrinsic value, which is Donegal Group'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 Donegal Group's market value can be influenced by many factors that don't directly affect Donegal Group'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 Donegal Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Donegal Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Donegal Group'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.