WTI Accounts Payable from 2010 to 2025

WTI Stock  USD 1.64  0.01  0.61%   
WT Offshore's Accounts Payable is decreasing with slightly volatile movements from year to year. Accounts Payable is estimated to finish at about 89.1 M this year. Accounts Payable is the amount WT Offshore owes to suppliers or vendors for products or services received but not yet paid for. It represents WT Offshore's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2002-12-31
Previous Quarter
89.1 M
Current Value
86.9 M
Quarterly Volatility
52.9 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WT Offshore financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WT Offshore's main balance sheet or income statement drivers, such as Interest Expense of 46.4 M, Total Revenue of 690.9 M or Gross Profit of 349.5 M, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0026 or PTB Ratio of 14.47. WTI financial statements analysis is a perfect complement when working with WT Offshore Valuation or Volatility modules.
  
Check out the analysis of WT Offshore Correlation against competitors.
For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.

Latest WT Offshore's Accounts Payable Growth Pattern

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

WTI Accounts Payable Regression Statistics

Arithmetic Mean91,319,610
Geometric Mean85,081,626
Coefficient Of Variation41.45
Mean Deviation27,343,619
Median82,067,000
Standard Deviation37,856,360
Sample Variance1433.1T
Range152.8M
R-Value(0.34)
Mean Square Error1353T
R-Squared0.12
Significance0.19
Slope(2,741,406)
Total Sum of Squares21496.6T

WTI Accounts Payable History

202589.1 M
202471 M
202378.9 M
202265.2 M
202167.4 M
202041.3 M
2019102.3 M

About WT Offshore Financial Statements

Investors use fundamental indicators, such as WT Offshore's Accounts Payable, to determine how well the company is positioned to perform in the future. Although WT Offshore'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 Payable71 M89.1 M

Currently Active Assets on Macroaxis

When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore'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 Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock:
Check out the analysis of WT Offshore Correlation against competitors.
For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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 WT Offshore. If investors know WTI 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 WT Offshore 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
(0.98)
Dividend Share
0.04
Earnings Share
(0.43)
Revenue Per Share
3.657
Quarterly Revenue Growth
(0.15)
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore'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 WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore'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 WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore'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.