Purple Accounts Payable from 2010 to 2026

PRPL Stock  USD 0.70  0.03  4.48%   
Purple Innovation Accounts Payable yearly trend continues to be quite stable with very little volatility. The value of Accounts Payable is projected to decrease to about 38.3 M. Accounts Payable is the amount Purple Innovation owes to suppliers or vendors for products or services received but not yet paid for. It represents Purple Innovation's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2015-03-31
Previous Quarter
26 M
Current Value
35.7 M
Quarterly Volatility
23.1 M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Purple Innovation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Purple Innovation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 42.7 M, Interest Expense of 21.1 M or Selling General Administrative of 41.1 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 0.0011 or PTB Ratio of 3.91. Purple financial statements analysis is a perfect complement when working with Purple Innovation Valuation or Volatility modules.
  
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Check out the analysis of Purple Innovation Correlation against competitors.
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Historical Accounts Payable data for Purple Innovation serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Purple Innovation represents a compelling investment opportunity.

Latest Purple Innovation's Accounts Payable Growth Pattern

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

Purple Accounts Payable Regression Statistics

Arithmetic Mean27,581,436
Geometric Mean4,588,189
Coefficient Of Variation98.46
Mean Deviation23,632,295
Median24,828,000
Standard Deviation27,157,552
Sample Variance737.5T
Range79.7M
R-Value0.78
Mean Square Error307.6T
R-Squared0.61
Significance0.0002
Slope4,197,002
Total Sum of Squares11800.5T

Purple Accounts Payable History

202638.3 M
202546.7 M
202440.6 M
202349.8 M
202246.4 M
202179.8 M
202069.6 M

About Purple Innovation Financial Statements

Purple Innovation investors utilize fundamental indicators, such as Accounts Payable, to predict how Purple Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable46.7 M38.3 M

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When determining whether Purple Innovation is a strong investment it is important to analyze Purple Innovation'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 Purple Innovation's future performance. For an informed investment choice regarding Purple Stock, refer to the following important reports:
Check out the analysis of Purple Innovation Correlation against competitors.
For more information on how to buy Purple Stock please use our How to buy in Purple Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Household Appliances 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 Purple Innovation. Anticipated expansion of Purple directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Purple Innovation assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.60)
Earnings Share
(0.52)
Revenue Per Share
4.235
Quarterly Revenue Growth
0.001
Return On Assets
(0.07)
The market value of Purple Innovation is measured differently than its book value, which is the value of Purple that is recorded on the company's balance sheet. Investors also form their own opinion of Purple Innovation's value that differs from its market value or its book value, called intrinsic value, which is Purple Innovation'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 Purple Innovation's market value can be influenced by many factors that don't directly affect Purple Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Purple Innovation's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Purple Innovation should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Purple Innovation's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.