Transcat Accounts Payable from 2010 to 2024

TRNS Stock  USD 109.02  2.23  2.09%   
Transcat Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 8.5 M in 2024. Accounts Payable is the amount Transcat owes to suppliers or vendors for products or services received but not yet paid for. It represents Transcat's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1992-03-31
Previous Quarter
13.1 M
Current Value
13 M
Quarterly Volatility
3.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Transcat financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Transcat's main balance sheet or income statement drivers, such as Interest Expense of 1.9 M, Total Revenue of 272.5 M or Gross Profit of 88 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0 or PTB Ratio of 2.17. Transcat financial statements analysis is a perfect complement when working with Transcat Valuation or Volatility modules.
  
Check out the analysis of Transcat Correlation against competitors.
For more information on how to buy Transcat Stock please use our How to Invest in Transcat guide.

Latest Transcat's Accounts Payable Growth Pattern

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

Transcat Accounts Payable Regression Statistics

Arithmetic Mean10,316,157
Geometric Mean9,245,173
Coefficient Of Variation36.47
Mean Deviation3,060,099
Median11,495,000
Standard Deviation3,762,531
Sample Variance14.2T
Range14.5M
R-Value0.68
Mean Square Error8.1T
R-Squared0.47
Significance0
Slope574,784
Total Sum of Squares198.2T

Transcat Accounts Payable History

20248.5 M
202311.5 M
202215.9 M
202114.2 M
202012.3 M
201911.9 M
201814.6 M

About Transcat Financial Statements

Transcat shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Transcat investors may analyze each financial statement separately, they are all interrelated. The changes in Transcat's assets and liabilities, for example, are also reflected in the revenues and expenses on on Transcat's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable11.5 M8.5 M

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Additional Tools for Transcat Stock Analysis

When running Transcat's price analysis, check to measure Transcat's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transcat is operating at the current time. Most of Transcat's value examination focuses on studying past and present price action to predict the probability of Transcat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcat's price. Additionally, you may evaluate how the addition of Transcat to your portfolios can decrease your overall portfolio volatility.