TrueBlue Accounts Payable from 2010 to 2025

TBI Stock  USD 8.14  0.08  0.99%   
TrueBlue's Accounts Payable is decreasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 61.6 M. Accounts Payable is the amount TrueBlue owes to suppliers or vendors for products or services received but not yet paid for. It represents TrueBlue's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1996-03-31
Previous Quarter
36.1 M
Current Value
35.8 M
Quarterly Volatility
5.4 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TrueBlue financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TrueBlue's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.8 M, Interest Expense of 1.3 M or Selling General Administrative of 351.1 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 3.0E-4 or PTB Ratio of 1.15. TrueBlue financial statements analysis is a perfect complement when working with TrueBlue Valuation or Volatility modules.
  
Check out the analysis of TrueBlue Correlation against competitors.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.

Latest TrueBlue's Accounts Payable Growth Pattern

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

TrueBlue Accounts Payable Regression Statistics

Arithmetic Mean1,668,465,958
Geometric Mean65,435,403
Coefficient Of Variation386.68
Mean Deviation3,024,191,755
Median64,861,150
Standard Deviation6,451,641,062
Sample Variance41623672.4T
Range25.9B
R-Value(0.36)
Mean Square Error38753105.1T
R-Squared0.13
Significance0.17
Slope(490,532,766)
Total Sum of Squares624355085.9T

TrueBlue Accounts Payable History

202561.6 M
202464.9 M
202356.4 M
202276.6 M
202177.2 M
202058.4 M
201968.4 M

About TrueBlue Financial Statements

Investors use fundamental indicators, such as TrueBlue's Accounts Payable, to determine how well the company is positioned to perform in the future. Although TrueBlue'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
Accounts Payable64.9 M61.6 M

Currently Active Assets on Macroaxis

When determining whether TrueBlue offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TrueBlue'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 Trueblue Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trueblue Stock:
Check out the analysis of TrueBlue Correlation against competitors.
For more detail on how to invest in TrueBlue Stock please use our How to Invest in TrueBlue guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Human Resource & Employment 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 TrueBlue. If investors know TrueBlue 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 TrueBlue 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
(0.63)
Earnings Share
(3.83)
Revenue Per Share
54.77
Quarterly Revenue Growth
(0.19)
Return On Assets
(0.02)
The market value of TrueBlue is measured differently than its book value, which is the value of TrueBlue that is recorded on the company's balance sheet. Investors also form their own opinion of TrueBlue's value that differs from its market value or its book value, called intrinsic value, which is TrueBlue'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 TrueBlue's market value can be influenced by many factors that don't directly affect TrueBlue'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 TrueBlue's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueBlue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueBlue'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.