PPG Accounts Payable from 2010 to 2024

PPG Stock  USD 125.79  3.14  2.56%   
PPG Industries' Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 1.7 B. Accounts Payable is the amount PPG Industries owes to suppliers or vendors for products or services received but not yet paid for. It represents PPG Industries' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-09-30
Previous Quarter
3.8 B
Current Value
4.3 B
Quarterly Volatility
1.2 B
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PPG Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PPG Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 461.7 M, Interest Expense of 259.4 M or Total Revenue of 11.6 B, as well as many indicators such as Price To Sales Ratio of 1.05, Dividend Yield of 0.0283 or PTB Ratio of 2.45. PPG financial statements analysis is a perfect complement when working with PPG Industries Valuation or Volatility modules.
  
Check out the analysis of PPG Industries Correlation against competitors.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.

Latest PPG Industries' Accounts Payable Growth Pattern

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

PPG Accounts Payable Regression Statistics

Arithmetic Mean2,184,820,286
Geometric Mean2,104,504,915
Coefficient Of Variation24.73
Mean Deviation394,167,733
Median2,183,000,000
Standard Deviation540,398,408
Sample Variance292030.4T
Range2.3B
R-Value0.64
Mean Square Error186810.2T
R-Squared0.41
Significance0.01
Slope76,994,750
Total Sum of Squares4088426.2T

PPG Accounts Payable History

20241.7 B
20232.6 B
20222.5 B
20213.1 B
20202.6 B
20192.4 B
20182.5 B

About PPG Industries Financial Statements

PPG Industries stakeholders use historical fundamental indicators, such as PPG Industries' Accounts Payable, to determine how well the company is positioned to perform in the future. Although PPG Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in PPG Industries' assets and liabilities are reflected in the revenues and expenses on PPG Industries' 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 PPG Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable2.6 B1.7 B

Currently Active Assets on Macroaxis

When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' 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 PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:
Check out the analysis of PPG Industries Correlation against competitors.
For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Specialty Chemicals 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 PPG Industries. If investors know PPG 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 PPG Industries 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
0.117
Dividend Share
2.63
Earnings Share
6.3
Revenue Per Share
76.764
Quarterly Revenue Growth
(0.01)
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' 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 PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' 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 PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' 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.