NewMarket Accounts Payable from 2010 to 2024

NEU Stock  USD 544.41  1.76  0.32%   
NewMarket Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 127.7 M in 2024. Accounts Payable is the amount NewMarket owes to suppliers or vendors for products or services received but not yet paid for. It represents NewMarket's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-06-30
Previous Quarter
270.8 M
Current Value
259.4 M
Quarterly Volatility
59.5 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NewMarket financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NewMarket's main balance sheet or income statement drivers, such as Depreciation And Amortization of 53.3 M, Interest Expense of 39.2 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 2.04, Dividend Yield of 0.0154 or PTB Ratio of 3.26. NewMarket financial statements analysis is a perfect complement when working with NewMarket Valuation or Volatility modules.
  
Check out the analysis of NewMarket Correlation against competitors.
For more information on how to buy NewMarket Stock please use our How to Invest in NewMarket guide.

Latest NewMarket's Accounts Payable Growth Pattern

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

NewMarket Accounts Payable Regression Statistics

Arithmetic Mean161,249,050
Geometric Mean153,977,167
Coefficient Of Variation32.78
Mean Deviation41,731,700
Median141,869,000
Standard Deviation52,861,496
Sample Variance2794.3T
Range177.5M
R-Value0.75
Mean Square Error1326T
R-Squared0.56
Significance0
Slope8,840,369
Total Sum of Squares39120.7T

NewMarket Accounts Payable History

2024127.7 M
2023231.1 M
2022273.3 M
2021246.1 M
2020189.9 M
2019178.8 M
2018151.6 M

About NewMarket Financial Statements

NewMarket shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although NewMarket investors may analyze each financial statement separately, they are all interrelated. The changes in NewMarket's assets and liabilities, for example, are also reflected in the revenues and expenses on on NewMarket's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable231.1 M127.7 M

Thematic Opportunities

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Additional Tools for NewMarket Stock Analysis

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