Sitime Accounts Payable from 2010 to 2024

SITM Stock  USD 210.50  1.83  0.88%   
Sitime Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to grow to about 9 M this year. Accounts Payable is the amount Sitime owes to suppliers or vendors for products or services received but not yet paid for. It represents Sitime's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2018-12-31
Previous Quarter
14.5 M
Current Value
17.9 M
Quarterly Volatility
4.9 M
 
Covid
Check Sitime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sitime's main balance sheet or income statement drivers, such as Tax Provision of 106 K, Net Interest Income of 24.8 M or Interest Income of 24.8 M, as well as many indicators such as Price To Sales Ratio of 19.75, Dividend Yield of 0.0 or PTB Ratio of 3.63. Sitime financial statements analysis is a perfect complement when working with Sitime Valuation or Volatility modules.
  
Check out the analysis of Sitime Correlation against competitors.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.

Latest Sitime's Accounts Payable Growth Pattern

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

Sitime Accounts Payable Regression Statistics

Arithmetic Mean7,146,238
Geometric Mean6,681,029
Coefficient Of Variation42.96
Mean Deviation2,284,349
Median5,800,000
Standard Deviation3,070,146
Sample Variance9.4T
Range11M
R-Value0.58
Mean Square Error6.8T
R-Squared0.33
Significance0.02
Slope397,039
Total Sum of Squares132T

Sitime Accounts Payable History

2024M
20238.7 M
202214.9 M
202113.1 M
20206.2 M
20193.9 M
2018M

About Sitime Financial Statements

Sitime investors utilize fundamental indicators, such as Accounts Payable, to predict how Sitime 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 Payable8.7 MM

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When determining whether Sitime is a strong investment it is important to analyze Sitime'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 Sitime's future performance. For an informed investment choice regarding Sitime Stock, refer to the following important reports:
Check out the analysis of Sitime Correlation against competitors.
To learn how to invest in Sitime Stock, please use our How to Invest in Sitime guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Semiconductors & Semiconductor Equipment 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 Sitime. If investors know Sitime 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 Sitime 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
(0.61)
Earnings Share
(4.15)
Revenue Per Share
7.732
Quarterly Revenue Growth
0.624
Return On Assets
(0.08)
The market value of Sitime is measured differently than its book value, which is the value of Sitime that is recorded on the company's balance sheet. Investors also form their own opinion of Sitime's value that differs from its market value or its book value, called intrinsic value, which is Sitime'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 Sitime's market value can be influenced by many factors that don't directly affect Sitime'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 Sitime's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sitime is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sitime'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.