Hershey Average Payables from 2010 to 2024

HSY Stock  USD 175.54  0.73  0.42%   
Hershey Average Payables yearly trend continues to be fairly stable with very little volatility. Average Payables will likely drop to about 408.5 M in 2024. Average Payables is the average amount owed to suppliers and creditors over a specific period, reflecting Hershey's payment cycle and credit terms with suppliers. View All Fundamentals
 
Average Payables  
First Reported
2010-12-31
Previous Quarter
470.6 M
Current Value
408.5 M
Quarterly Volatility
29.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hershey financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hershey's main balance sheet or income statement drivers, such as Depreciation And Amortization of 440.8 M, Interest Expense of 169.6 M or Total Revenue of 5.8 B, as well as many indicators such as Price To Sales Ratio of 1.79, Dividend Yield of 0.0167 or PTB Ratio of 8.57. Hershey financial statements analysis is a perfect complement when working with Hershey Valuation or Volatility modules.
  
Check out the analysis of Hershey Correlation against competitors.

Latest Hershey's Average Payables Growth Pattern

Below is the plot of the Average Payables of Hershey Co over the last few years. It is the average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers. Hershey's Average Payables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hershey's overall financial position and show how it may be relating to other accounts over time.
Average Payables10 Years Trend
Pretty Stable
   Average Payables   
       Timeline  

Hershey Average Payables Regression Statistics

Arithmetic Mean500,347,310
Geometric Mean499,446,138
Coefficient Of Variation5.95
Mean Deviation18,028,152
Median498,401,000
Standard Deviation29,751,635
Sample Variance885.2T
Range114.4M
R-Value(0.23)
Mean Square Error902.7T
R-Squared0.05
Significance0.41
Slope(1,531,540)
Total Sum of Squares12392.2T

Hershey Average Payables History

2024408.5 M
2023470.6 M
2017522.9 M

About Hershey Financial Statements

Hershey investors use historical fundamental indicators, such as Hershey's Average Payables, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hershey. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Payables470.6 M408.5 M

Also Currently Popular

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.

Additional Tools for Hershey Stock Analysis

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