Seneca Accounts Payable from 2010 to 2024

SENEB Stock  USD 71.26  0.76  1.08%   
Seneca Foods' Accounts Payable is increasing over the years with very volatile fluctuation. Overall, Accounts Payable is expected to go to about 55.8 M this year. Accounts Payable is the amount Seneca Foods Corp owes to suppliers or vendors for products or services received but not yet paid for. It represents Seneca Foods' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-09-30
Previous Quarter
62.5 M
Current Value
213 M
Quarterly Volatility
79 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Seneca Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seneca Foods' main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.7 M, Interest Expense of 36.5 M or Selling General Administrative of 73.5 M, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 1.0E-4 or PTB Ratio of 1.23. Seneca financial statements analysis is a perfect complement when working with Seneca Foods Valuation or Volatility modules.
  
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Latest Seneca Foods' Accounts Payable Growth Pattern

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

Seneca Accounts Payable Regression Statistics

Arithmetic Mean65,163,095
Geometric Mean63,680,409
Coefficient Of Variation20.15
Mean Deviation9,572,006
Median69,232,000
Standard Deviation13,131,460
Sample Variance172.4T
Range51.8M
R-Value0.1
Mean Square Error183.9T
R-Squared0.01
Significance0.73
Slope286,764
Total Sum of Squares2414.1T

Seneca Accounts Payable History

202455.8 M
202340.3 M
202269.2 M
202187.6 M
202074.1 M
201971.2 M
201861 M

About Seneca Foods Financial Statements

Seneca Foods stakeholders use historical fundamental indicators, such as Seneca Foods' Accounts Payable, to determine how well the company is positioned to perform in the future. Although Seneca Foods investors may analyze each financial statement separately, they are all interrelated. For example, changes in Seneca Foods' assets and liabilities are reflected in the revenues and expenses on Seneca Foods' 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 Seneca Foods Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable40.3 M55.8 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 Seneca Foods Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seneca Foods' 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 Seneca Foods Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seneca Foods Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Food Products 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 Seneca Foods. If investors know Seneca 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 Seneca Foods 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
(0.42)
Earnings Share
5.96
Revenue Per Share
211.009
Quarterly Revenue Growth
0.044
Return On Assets
0.0366
The market value of Seneca Foods Corp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' 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 Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' 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 Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Seneca Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' 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.