UNITIL Accounts Payable from 2010 to 2024
UTL Stock | USD 60.39 0.16 0.27% |
Accounts Payable | First Reported 1994-03-31 | Previous Quarter 37.2 M | Current Value 36.2 M | Quarterly Volatility 10.3 M |
Check UNITIL financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among UNITIL's main balance sheet or income statement drivers, such as Interest Expense of 36.6 M, Total Revenue of 287.3 M or Gross Profit of 110.9 M, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0538 or PTB Ratio of 1.26. UNITIL financial statements analysis is a perfect complement when working with UNITIL Valuation or Volatility modules.
UNITIL | Accounts Payable |
Latest UNITIL's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of UNITIL over the last few years. An accounting item on the balance sheet that represents UNITIL 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 UNITIL 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. UNITIL's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in UNITIL's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable | 10 Years Trend |
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Accounts Payable |
Timeline |
UNITIL Accounts Payable Regression Statistics
Arithmetic Mean | 38,155,784 | |
Geometric Mean | 35,954,182 | |
Coefficient Of Variation | 33.38 | |
Mean Deviation | 9,075,372 | |
Median | 37,600,000 | |
Standard Deviation | 12,736,520 | |
Sample Variance | 162.2T | |
Range | 56.1M | |
R-Value | 0.61 | |
Mean Square Error | 109.2T | |
R-Squared | 0.38 | |
Significance | 0.02 | |
Slope | 1,744,133 | |
Total Sum of Squares | 2271.1T |
UNITIL Accounts Payable History
About UNITIL Financial Statements
UNITIL investors utilize fundamental indicators, such as Accounts Payable, to predict how UNITIL 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 Reported | Projected for Next Year | ||
Accounts Payable | 47.7 M | 30.9 M |
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Is Multi-Utilities 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 UNITIL. If investors know UNITIL 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 UNITIL 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 0.017 | Dividend Share 1.68 | Earnings Share 2.93 | Revenue Per Share 30.825 | Quarterly Revenue Growth (0.11) |
The market value of UNITIL is measured differently than its book value, which is the value of UNITIL that is recorded on the company's balance sheet. Investors also form their own opinion of UNITIL's value that differs from its market value or its book value, called intrinsic value, which is UNITIL'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 UNITIL's market value can be influenced by many factors that don't directly affect UNITIL'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 UNITIL's value and its price as these two are different measures arrived at by different means. Investors typically determine if UNITIL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UNITIL'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.