TGS Accounts Payable from 2010 to 2026
| TGC Stock | EUR 9.54 0.04 0.42% |
Accounts Payable | First Reported 2019-09-30 | Previous Quarter 154 M | Current Value 144.9 M | Quarterly Volatility 41.8 M |
Check TGS ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TGS ASA's main balance sheet or income statement drivers, such as Tax Provision of 64.3 M, Interest Income of 4.6 M or Interest Expense of 42.9 M, as well as many indicators such as . TGS financial statements analysis is a perfect complement when working with TGS ASA Valuation or Volatility modules.
TGS | Accounts Payable |
The Accounts Payable trend for TGS ASA offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether TGS ASA is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.
Latest TGS ASA's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of TGS ASA over the last few years. An accounting item on the balance sheet that represents TGS ASA 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 TGS ASA 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. TGS ASA's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TGS ASA's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
|
Accounts Payable |
| Timeline |
TGS Accounts Payable Regression Statistics
| Arithmetic Mean | 119,767,229 | |
| Geometric Mean | 106,894,297 | |
| Coefficient Of Variation | 50.46 | |
| Mean Deviation | 40,236,023 | |
| Median | 116,534,000 | |
| Standard Deviation | 60,434,316 | |
| Sample Variance | 3652.3T | |
| Range | 212.3M | |
| R-Value | 0.36 | |
| Mean Square Error | 3378.5T | |
| R-Squared | 0.13 | |
| Significance | 0.15 | |
| Slope | 4,360,969 | |
| Total Sum of Squares | 58436.9T |
TGS Accounts Payable History
About TGS ASA Financial Statements
TGS ASA stakeholders use historical fundamental indicators, such as TGS ASA's Accounts Payable, to determine how well the company is positioned to perform in the future. Although TGS ASA investors may analyze each financial statement separately, they are all interrelated. For example, changes in TGS ASA's assets and liabilities are reflected in the revenues and expenses on TGS ASA's 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 TGS ASA. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 240.2 M | 252.2 M |
Currently Active Assets on Macroaxis
| FSLY | Fastly Class A | |
| MOB | Mobilicom Limited American | |
| CMG | Chipotle Mexican Grill | |
| CSAN | Cosan SA ADR | |
| RKT | Rocket Companies |
Other Information on Investing in TGS Stock
TGS ASA financial ratios help investors to determine whether TGS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TGS with respect to the benefits of owning TGS ASA security.