Northrop Accounts Payable from 2010 to 2025

NOC Stock  USD 483.37  1.83  0.38%   
Northrop Grumman's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 1.4 B. Accounts Payable is the amount Northrop Grumman owes to suppliers or vendors for products or services received but not yet paid for. It represents Northrop Grumman's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-12-31
Previous Quarter
2.4 B
Current Value
2.5 B
Quarterly Volatility
688.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northrop Grumman financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northrop Grumman's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.6 B, Interest Expense of 658.1 M or Total Revenue of 47.4 B, as well as many indicators such as Price To Sales Ratio of 1.77, Dividend Yield of 0.0299 or PTB Ratio of 4.74. Northrop financial statements analysis is a perfect complement when working with Northrop Grumman Valuation or Volatility modules.
  
Check out the analysis of Northrop Grumman Correlation against competitors.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.

Latest Northrop Grumman's Accounts Payable Growth Pattern

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

Northrop Accounts Payable Regression Statistics

Arithmetic Mean1,709,365,357
Geometric Mean1,607,992,987
Coefficient Of Variation31.94
Mean Deviation446,117,812
Median1,661,000,000
Standard Deviation545,943,365
Sample Variance298054.2T
Range2.1B
R-Value0.73
Mean Square Error147733.5T
R-Squared0.54
Significance0
Slope84,061,303
Total Sum of Squares4470812.4T

Northrop Accounts Payable History

20251.4 B
20242.4 B
20232.1 B
20222.6 B
20212.2 B
20201.8 B
20192.2 B

About Northrop Grumman Financial Statements

Northrop Grumman stakeholders use historical fundamental indicators, such as Northrop Grumman's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Northrop Grumman investors may analyze each financial statement separately, they are all interrelated. For example, changes in Northrop Grumman's assets and liabilities are reflected in the revenues and expenses on Northrop Grumman'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 Northrop Grumman. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable2.4 B1.4 B

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 Northrop Grumman offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northrop Grumman'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 Northrop Grumman Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northrop Grumman Stock:
Check out the analysis of Northrop Grumman Correlation against competitors.
For information on how to trade Northrop Stock refer to our How to Trade Northrop Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Aerospace & Defense 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 Northrop Grumman. If investors know Northrop 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 Northrop Grumman 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
0.133
Earnings Share
16.23
Revenue Per Share
276.412
Quarterly Revenue Growth
0.023
Return On Assets
0.0416
The market value of Northrop Grumman is measured differently than its book value, which is the value of Northrop that is recorded on the company's balance sheet. Investors also form their own opinion of Northrop Grumman's value that differs from its market value or its book value, called intrinsic value, which is Northrop Grumman'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 Northrop Grumman's market value can be influenced by many factors that don't directly affect Northrop Grumman'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 Northrop Grumman's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northrop Grumman is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northrop Grumman'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.