Key Accounts Payable from 2010 to 2024

KTCC Stock  USD 5.39  0.22  3.92%   
Key Tronic's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 43.7 M. Accounts Payable is the amount Key Tronic owes to suppliers or vendors for products or services received but not yet paid for. It represents Key Tronic's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1991-03-31
Previous Quarter
79.4 M
Current Value
83.8 M
Quarterly Volatility
31.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Key Tronic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Key Tronic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.6 M, Interest Expense of 12.5 M or Total Revenue of 289.6 M, as well as many indicators such as Price To Sales Ratio of 0.18, Dividend Yield of 0.0 or PTB Ratio of 0.67. Key financial statements analysis is a perfect complement when working with Key Tronic Valuation or Volatility modules.
  
Check out the analysis of Key Tronic Correlation against competitors.
For information on how to trade Key Stock refer to our How to Trade Key Stock guide.

Latest Key Tronic's Accounts Payable Growth Pattern

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

Key Accounts Payable Regression Statistics

Arithmetic Mean64,424,958
Geometric Mean54,593,698
Coefficient Of Variation49.27
Mean Deviation25,107,639
Median61,528,000
Standard Deviation31,744,249
Sample Variance1007.7T
Range113.5M
R-Value0.72
Mean Square Error524.1T
R-Squared0.52
Significance0
Slope5,104,088
Total Sum of Squares14107.8T

Key Accounts Payable History

202443.7 M
202379.4 M
2022115.9 M
2021121.4 M
202092.8 M
201980.2 M
201873.6 M

About Key Tronic Financial Statements

Key Tronic stakeholders use historical fundamental indicators, such as Key Tronic's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Key Tronic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Key Tronic's assets and liabilities are reflected in the revenues and expenses on Key Tronic'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 Key Tronic. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable79.4 M43.7 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.
When determining whether Key Tronic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Key Tronic'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 Key Tronic Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Key Tronic Stock:
Check out the analysis of Key Tronic Correlation against competitors.
For information on how to trade Key Stock refer to our How to Trade Key Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Electronic Equipment, Instruments & Components 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 Key Tronic. If investors know Key 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 Key Tronic 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
(0.88)
Earnings Share
(0.19)
Revenue Per Share
50.956
Quarterly Revenue Growth
0.143
Return On Assets
0.0133
The market value of Key Tronic is measured differently than its book value, which is the value of Key that is recorded on the company's balance sheet. Investors also form their own opinion of Key Tronic's value that differs from its market value or its book value, called intrinsic value, which is Key Tronic'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 Key Tronic's market value can be influenced by many factors that don't directly affect Key Tronic'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 Key Tronic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Key Tronic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Key Tronic'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.