Hirequest Accounts Payable from 2010 to 2024

HQI Stock  USD 15.27  0.28  1.87%   
Hirequest's Accounts Payable is decreasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 130.2 K. Accounts Payable is the amount Hirequest owes to suppliers or vendors for products or services received but not yet paid for. It represents Hirequest's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2002-03-31
Previous Quarter
250 K
Current Value
773 K
Quarterly Volatility
M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hirequest financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hirequest's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 M, Interest Expense of 1.5 M or Total Revenue of 59.1 M, as well as many indicators such as Price To Sales Ratio of 5.29, Dividend Yield of 0.0151 or PTB Ratio of 5.83. Hirequest financial statements analysis is a perfect complement when working with Hirequest Valuation or Volatility modules.
  
Check out the analysis of Hirequest Correlation against competitors.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.

Latest Hirequest's Accounts Payable Growth Pattern

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

Hirequest Accounts Payable Regression Statistics

Arithmetic Mean1,310,739
Geometric Mean517,358
Coefficient Of Variation163.45
Mean Deviation1,251,254
Median722,150
Standard Deviation2,142,443
Sample Variance4.6T
Range8.4M
R-Value(0.33)
Mean Square Error4.4T
R-Squared0.11
Significance0.23
Slope(159,114)
Total Sum of Squares64.3T

Hirequest Accounts Payable History

2024130.2 K
2023137 K
2022448 K
20211.1 M
2020457.5 K
2019253.8 K
2018618.8 K

About Hirequest Financial Statements

Investors use fundamental indicators, such as Hirequest's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Hirequest's 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 Payable137 K130.2 K

Currently Active Assets on Macroaxis

When determining whether Hirequest offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hirequest'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 Hirequest Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hirequest Stock:
Check out the analysis of Hirequest Correlation against competitors.
For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Human Resource & Employment 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 Hirequest. If investors know Hirequest 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 Hirequest 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
0.007
Dividend Share
0.24
Earnings Share
0.14
Revenue Per Share
2.626
Quarterly Revenue Growth
0.016
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest'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 Hirequest's market value can be influenced by many factors that don't directly affect Hirequest'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 Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest'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.