HEES Accounts Payable from 2010 to 2024

HEES Stock  USD 58.76  2.08  3.67%   
HE Equipment Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 71.9 M in 2024. Accounts Payable is the amount HE Equipment Services owes to suppliers or vendors for products or services received but not yet paid for. It represents HE Equipment's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2001-12-31
Previous Quarter
113 M
Current Value
91.3 M
Quarterly Volatility
46 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HE Equipment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HE Equipment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 428.4 M, Interest Expense of 43.2 M or Selling General Administrative of 216.8 M, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.0201 or PTB Ratio of 3.71. HEES financial statements analysis is a perfect complement when working with HE Equipment Valuation or Volatility modules.
  
Check out the analysis of HE Equipment Correlation against competitors.

Latest HE Equipment's Accounts Payable Growth Pattern

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

HEES Accounts Payable Regression Statistics

Arithmetic Mean71,713,479
Geometric Mean67,480,259
Coefficient Of Variation35.77
Mean Deviation19,649,978
Median67,779,000
Standard Deviation25,653,888
Sample Variance658.1T
Range93.4M
R-Value0.65
Mean Square Error410.7T
R-Squared0.42
Significance0.01
Slope3,719,769
Total Sum of Squares9213.7T

HEES Accounts Payable History

202471.9 M
202385.5 M
2022129.5 M
202195.6 M
202075.3 M
201958.9 M
2018101.8 M

About HE Equipment Financial Statements

HE Equipment shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although HE Equipment investors may analyze each financial statement separately, they are all interrelated. The changes in HE Equipment's assets and liabilities, for example, are also reflected in the revenues and expenses on on HE Equipment'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 Payable85.5 M71.9 M

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Additional Tools for HEES Stock Analysis

When running HE Equipment's price analysis, check to measure HE Equipment'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 HE Equipment is operating at the current time. Most of HE Equipment's value examination focuses on studying past and present price action to predict the probability of HE Equipment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HE Equipment's price. Additionally, you may evaluate how the addition of HE Equipment to your portfolios can decrease your overall portfolio volatility.