Priority Average Payables from 2010 to 2024

PRTH Stock  USD 10.02  1.28  14.65%   
Priority Technology's Average Payables is increasing with slightly volatile movements from year to year. Average Payables is predicted to flatten to about 114.3 K. Average Payables is the average amount owed to suppliers and creditors over a specific period, reflecting Priority Technology's payment cycle and credit terms with suppliers. View All Fundamentals
 
Average Payables  
First Reported
2010-12-31
Previous Quarter
207.1 K
Current Value
114.3 K
Quarterly Volatility
86.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Priority Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Priority Technology's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 38.2 M or Selling General Administrative of 71.2 M, as well as many indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.15 or PTB Ratio of 2.39. Priority financial statements analysis is a perfect complement when working with Priority Technology Valuation or Volatility modules.
  
Check out the analysis of Priority Technology Correlation against competitors.

Latest Priority Technology's Average Payables Growth Pattern

Below is the plot of the Average Payables of Priority Technology Holdings over the last few years. It is the average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers. Priority Technology's Average Payables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Priority Technology's overall financial position and show how it may be relating to other accounts over time.
Average Payables10 Years Trend
Slightly volatile
   Average Payables   
       Timeline  

Priority Average Payables Regression Statistics

Arithmetic Mean139,390
Geometric Mean112,316
Coefficient Of Variation61.80
Mean Deviation81,642
Median114,263
Standard Deviation86,149
Sample Variance7.4B
Range174.6K
R-Value0.73
Mean Square Error3.7B
R-Squared0.53
Significance0
Slope14,074
Total Sum of Squares103.9B

Priority Average Payables History

2024114.3 K
2023207.1 K
2017230.2 K

About Priority Technology Financial Statements

Investors use fundamental indicators, such as Priority Technology's Average Payables, to determine how well the company is positioned to perform in the future. Although Priority Technology's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Average Payables207.1 K114.3 K

Currently Active Assets on Macroaxis

When determining whether Priority Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Priority Technology'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 Priority Technology Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Priority Technology Holdings Stock:
Check out the analysis of Priority Technology Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Transaction & Payment Processing 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 Priority Technology. If investors know Priority 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 Priority Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
10.913
Quarterly Revenue Growth
0.201
Return On Assets
0.0474
Return On Equity
0.5639
The market value of Priority Technology is measured differently than its book value, which is the value of Priority that is recorded on the company's balance sheet. Investors also form their own opinion of Priority Technology's value that differs from its market value or its book value, called intrinsic value, which is Priority Technology'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 Priority Technology's market value can be influenced by many factors that don't directly affect Priority Technology'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 Priority Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Priority Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Priority Technology'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.