Nucor Accounts Payable from 2010 to 2024

NUE Stock  USD 151.87  1.88  1.25%   
Nucor Corp's Accounts Payable is increasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is expected to go to about 2.1 B this year. Accounts Payable is the amount Nucor Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents Nucor Corp's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-06-30
Previous Quarter
1.7 B
Current Value
1.9 B
Quarterly Volatility
589.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nucor Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nucor Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 258.3 M or Total Revenue of 36.4 B, as well as many indicators such as Price To Sales Ratio of 1.11, Dividend Yield of 0.0164 or PTB Ratio of 2.55. Nucor financial statements analysis is a perfect complement when working with Nucor Corp Valuation or Volatility modules.
  
Check out the analysis of Nucor Corp Correlation against competitors.
For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.

Latest Nucor Corp's Accounts Payable Growth Pattern

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

Nucor Accounts Payable Regression Statistics

Arithmetic Mean1,231,692,963
Geometric Mean1,039,289,147
Coefficient Of Variation43.98
Mean Deviation412,206,489
Median1,181,346,000
Standard Deviation541,712,565
Sample Variance293452.5T
Range2B
R-Value0.87
Mean Square Error74784.2T
R-Squared0.76
Significance0.000021
Slope105,832,411
Total Sum of Squares4108335T

Nucor Accounts Payable History

20242.1 B
2023B
20221.6 B
20211.8 B
20201.4 B
20191.2 B
20181.4 B

About Nucor Corp Financial Statements

Nucor Corp stakeholders use historical fundamental indicators, such as Nucor Corp's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Nucor Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nucor Corp's assets and liabilities are reflected in the revenues and expenses on Nucor Corp'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 Nucor Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts PayableB2.1 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 Nucor Corp is a strong investment it is important to analyze Nucor Corp'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 Nucor Corp's future performance. For an informed investment choice regarding Nucor Stock, refer to the following important reports:
Check out the analysis of Nucor Corp Correlation against competitors.
For information on how to trade Nucor Stock refer to our How to Trade Nucor Stock guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Metals & Mining 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 Nucor Corp. If investors know Nucor 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 Nucor Corp 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
(0.77)
Dividend Share
2.16
Earnings Share
10.39
Revenue Per Share
129.875
Quarterly Revenue Growth
(0.15)
The market value of Nucor Corp is measured differently than its book value, which is the value of Nucor that is recorded on the company's balance sheet. Investors also form their own opinion of Nucor Corp's value that differs from its market value or its book value, called intrinsic value, which is Nucor Corp'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 Nucor Corp's market value can be influenced by many factors that don't directly affect Nucor Corp'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 Nucor Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nucor Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nucor Corp'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.