Premier Accounts Payable from 2010 to 2024

PINC Stock  USD 22.75  0.41  1.77%   
Premier's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 50.9 M. Accounts Payable is the amount Premier owes to suppliers or vendors for products or services received but not yet paid for. It represents Premier's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2012-06-30
Previous Quarter
60.4 M
Current Value
24.7 M
Quarterly Volatility
20.4 M
 
Yuan Drop
 
Covid
Check Premier financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Premier's main balance sheet or income statement drivers, such as Depreciation And Amortization of 103.4 M, Interest Expense of 1.2 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0428 or PTB Ratio of 1.02. Premier financial statements analysis is a perfect complement when working with Premier Valuation or Volatility modules.
  
Check out the analysis of Premier Correlation against competitors.
For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.

Latest Premier's Accounts Payable Growth Pattern

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

Premier Accounts Payable Regression Statistics

Arithmetic Mean44,261,956
Geometric Mean38,700,690
Coefficient Of Variation45.06
Mean Deviation15,047,431
Median46,003,000
Standard Deviation19,943,585
Sample Variance397.7T
Range74.2M
R-Value0.78
Mean Square Error167.3T
R-Squared0.61
Significance0.0006
Slope3,481,080
Total Sum of Squares5568.5T

Premier Accounts Payable History

202450.9 M
202360.4 M
202254.4 M
202144.6 M
202085.4 M
201954.8 M
201854.5 M

About Premier Financial Statements

Premier stakeholders use historical fundamental indicators, such as Premier's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Premier investors may analyze each financial statement separately, they are all interrelated. For example, changes in Premier's assets and liabilities are reflected in the revenues and expenses on Premier'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 Premier. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable60.4 M50.9 M

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 Premier offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Premier'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 Premier Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Premier Stock:
Check out the analysis of Premier Correlation against competitors.
For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Health Care Providers & 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 Premier. If investors know Premier 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 Premier 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
0.877
Dividend Share
0.84
Earnings Share
1.39
Revenue Per Share
12.155
Quarterly Revenue Growth
(0.08)
The market value of Premier is measured differently than its book value, which is the value of Premier that is recorded on the company's balance sheet. Investors also form their own opinion of Premier's value that differs from its market value or its book value, called intrinsic value, which is Premier'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 Premier's market value can be influenced by many factors that don't directly affect Premier'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 Premier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier'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.