Texas Accounts Payable from 2010 to 2024

TPL Stock  USD 1,730  214.47  14.15%   
Texas Pacific Accounts Payable yearly trend continues to be quite stable with very little volatility. Accounts Payable may rise above about 23.6 M this year. Accounts Payable is the amount Texas Pacific Land owes to suppliers or vendors for products or services received but not yet paid for. It represents Texas Pacific's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1995-12-31
Previous Quarter
31.7 M
Current Value
40.6 M
Quarterly Volatility
10.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Texas Pacific financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Texas Pacific's main balance sheet or income statement drivers, such as Total Revenue of 663.2 M, Gross Profit of 612.4 M or Other Operating Expenses of 152.8 M, as well as many indicators such as Price To Sales Ratio of 22.1, Dividend Yield of 0.0072 or PTB Ratio of 13.49. Texas financial statements analysis is a perfect complement when working with Texas Pacific Valuation or Volatility modules.
  
Check out the analysis of Texas Pacific Correlation against competitors.

Latest Texas Pacific's Accounts Payable Growth Pattern

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

Texas Accounts Payable Regression Statistics

Arithmetic Mean9,537,285
Geometric Mean3,459,111
Coefficient Of Variation101.08
Mean Deviation8,679,207
Median5,608,000
Standard Deviation9,640,666
Sample Variance92.9T
Range23.6M
R-Value0.93
Mean Square Error13.5T
R-Squared0.87
Slope2,005,089
Total Sum of Squares1301.2T

Texas Accounts Payable History

202423.6 M
202322.5 M
202223.4 M
202117.9 M
202014.7 M
201919.2 M
201810.5 M

About Texas Pacific Financial Statements

Texas Pacific investors utilize fundamental indicators, such as Accounts Payable, to predict how Texas 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 Payable22.5 M23.6 M

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When determining whether Texas Pacific Land is a strong investment it is important to analyze Texas Pacific'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 Texas Pacific's future performance. For an informed investment choice regarding Texas Stock, refer to the following important reports:
Check out the analysis of Texas Pacific Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Oil & Gas Exploration & Production 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 Texas Pacific. If investors know Texas 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 Texas Pacific 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
0.011
Dividend Share
4.603
Earnings Share
19.55
Revenue Per Share
29.861
Quarterly Revenue Growth
0.099
The market value of Texas Pacific Land is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Pacific's value that differs from its market value or its book value, called intrinsic value, which is Texas Pacific'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 Texas Pacific's market value can be influenced by many factors that don't directly affect Texas Pacific'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 Texas Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Pacific'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.