Magellan Accounts Payable from 2010 to 2026

Magellan Energy's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is estimated to finish at about 7.7 M this year. Accounts Payable is the amount Magellan Energy owes to suppliers or vendors for products or services received but not yet paid for. It represents Magellan Energy's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
7.4 M
Current Value
7.7 M
Quarterly Volatility
1.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Magellan Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magellan Energy's main balance sheet or income statement drivers, such as Discontinued Operations of 81.2 K, Interest Expense of 0.0 or Selling General Administrative of 11.7 M, as well as many indicators such as . Magellan financial statements analysis is a perfect complement when working with Magellan Energy Valuation or Volatility modules.
  
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Check out the analysis of Magellan Energy Correlation against competitors.
For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.
The Accounts Payable trend for Magellan Energy offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Magellan Energy is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Magellan Energy's Accounts Payable Growth Pattern

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

Magellan Accounts Payable Regression Statistics

Arithmetic Mean6,210,831
Geometric Mean5,842,667
Coefficient Of Variation22.51
Mean Deviation613,733
Median6,394,011
Standard Deviation1,397,962
Sample Variance2T
Range6.7M
R-Value0.54
Mean Square Error1.5T
R-Squared0.29
Significance0.03
Slope148,351
Total Sum of Squares31.3T

Magellan Accounts Payable History

20267.7 M
20257.4 M
20116.4 M
2010994.1 K

About Magellan Energy Financial Statements

Magellan Energy stakeholders use historical fundamental indicators, such as Magellan Energy's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Magellan Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Magellan Energy's assets and liabilities are reflected in the revenues and expenses on Magellan Energy'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 Magellan Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable7.4 M7.7 M

Currently Active Assets on Macroaxis

When determining whether Magellan Energy is a strong investment it is important to analyze Magellan Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magellan Energy's future performance. For an informed investment choice regarding Magellan Stock, refer to the following important reports:
Check out the analysis of Magellan Energy Correlation against competitors.
For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Can Oil & Gas Exploration & Production industry sustain growth momentum? Does Magellan have expansion opportunities? Factors like these will boost the valuation of Magellan Energy. Expected growth trajectory for Magellan significantly influences the price investors are willing to assign. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Magellan Energy demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Revenue Growth
(0.32)
Return On Assets
(0.05)
Return On Equity
(0.99)
The market value of Magellan Energy is measured differently than its book value, which is the value of Magellan that is recorded on the company's balance sheet. Investors also form their own opinion of Magellan Energy's value that differs from its market value or its book value, called intrinsic value, which is Magellan Energy's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Magellan Energy's market value can be influenced by many factors that don't directly affect Magellan Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Magellan Energy's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Magellan Energy represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Magellan Energy's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.