MainStay Accounts Payable from 2010 to 2024

MEGI Stock  USD 13.43  0.08  0.59%   
MainStay CBRE's Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 3.2 M. Accounts Payable is the amount MainStay CBRE Global owes to suppliers or vendors for products or services received but not yet paid for. It represents MainStay CBRE's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
3.5 M
Current Value
3.2 M
Quarterly Volatility
393.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MainStay CBRE financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MainStay CBRE's main balance sheet or income statement drivers, such as Interest Income of 2.2 M, Depreciation And Amortization of 182.8 K or Interest Expense of 17.7 M, as well as many indicators such as PTB Ratio of 0.68, Days Sales Outstanding of 196 or Book Value Per Share of 12.87. MainStay financial statements analysis is a perfect complement when working with MainStay CBRE Valuation or Volatility modules.
  
Check out the analysis of MainStay CBRE Correlation against competitors.

Latest MainStay CBRE's Accounts Payable Growth Pattern

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

MainStay Accounts Payable Regression Statistics

Arithmetic Mean2,460,432
Geometric Mean2,435,269
Coefficient Of Variation15.98
Mean Deviation294,719
Median2,276,233
Standard Deviation393,146
Sample Variance154.6B
Range1.2M
R-Value0.68
Mean Square Error88.8B
R-Squared0.47
Significance0.01
Slope60,040
Total Sum of Squares2.2T

MainStay Accounts Payable History

20243.2 M
20233.5 M
2022M

About MainStay CBRE Financial Statements

Investors use fundamental indicators, such as MainStay CBRE's Accounts Payable, to determine how well the company is positioned to perform in the future. Although MainStay CBRE'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 Payable3.5 M3.2 M

Currently Active Assets on Macroaxis

When determining whether MainStay CBRE Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MainStay CBRE'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 Mainstay Cbre Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mainstay Cbre Global Stock:
Check out the analysis of MainStay CBRE Correlation against competitors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Asset Management & Custody Banks 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 MainStay CBRE. If investors know MainStay 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 MainStay CBRE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.34
The market value of MainStay CBRE Global is measured differently than its book value, which is the value of MainStay that is recorded on the company's balance sheet. Investors also form their own opinion of MainStay CBRE's value that differs from its market value or its book value, called intrinsic value, which is MainStay CBRE'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 MainStay CBRE's market value can be influenced by many factors that don't directly affect MainStay CBRE'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 MainStay CBRE's value and its price as these two are different measures arrived at by different means. Investors typically determine if MainStay CBRE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MainStay CBRE'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.