Mastech Accounts Payable from 2010 to 2024

MHH Stock  USD 15.82  1.44  10.01%   
Mastech Holdings' Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 3.3 M. Accounts Payable is the amount Mastech Holdings owes to suppliers or vendors for products or services received but not yet paid for. It represents Mastech Holdings' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2006-12-31
Previous Quarter
5.8 M
Current Value
4.6 M
Quarterly Volatility
1.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mastech Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mastech Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Interest Expense of 504.2 K or Selling General Administrative of 16.7 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0395 or PTB Ratio of 1.78. Mastech financial statements analysis is a perfect complement when working with Mastech Holdings Valuation or Volatility modules.
  
Check out the analysis of Mastech Holdings Correlation against competitors.
For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.

Latest Mastech Holdings' Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Mastech Holdings over the last few years. An accounting item on the balance sheet that represents Mastech Holdings 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 Mastech Holdings 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. Mastech Holdings' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mastech Holdings' overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Mastech Accounts Payable Regression Statistics

Arithmetic Mean3,174,080
Geometric Mean2,947,283
Coefficient Of Variation39.19
Mean Deviation1,113,419
Median2,589,000
Standard Deviation1,243,785
Sample Variance1.5T
Range3.5M
R-Value0.68
Mean Square Error886.4B
R-Squared0.47
Significance0
Slope190,252
Total Sum of Squares21.7T

Mastech Accounts Payable History

20243.3 M
20234.7 M
20224.5 M
2021M
20202.6 M
2019M
20184.1 M

About Mastech Holdings Financial Statements

Investors use fundamental indicators, such as Mastech Holdings' Accounts Payable, to determine how well the company is positioned to perform in the future. Although Mastech Holdings' 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 Payable4.7 M3.3 M

Currently Active Assets on Macroaxis

When determining whether Mastech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mastech Holdings' 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 Mastech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mastech Holdings Stock:
Check out the analysis of Mastech Holdings Correlation against competitors.
For more detail on how to invest in Mastech Stock please use our How to Invest in Mastech Holdings guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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 Mastech Holdings. If investors know Mastech 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 Mastech Holdings 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
15
Earnings Share
(0.20)
Revenue Per Share
16.688
Quarterly Revenue Growth
0.085
Return On Assets
0.0254
The market value of Mastech Holdings is measured differently than its book value, which is the value of Mastech that is recorded on the company's balance sheet. Investors also form their own opinion of Mastech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Mastech Holdings' 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 Mastech Holdings' market value can be influenced by many factors that don't directly affect Mastech Holdings' 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 Mastech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mastech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mastech Holdings' 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.