Brown Accounts Payable from 2010 to 2024

BRO Stock  USD 112.05  1.30  1.17%   
Brown Brown Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to drop to about 308 M. Accounts Payable is the amount Brown Brown owes to suppliers or vendors for products or services received but not yet paid for. It represents Brown Brown's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-06-30
Previous Quarter
313 M
Current Value
329 M
Quarterly Volatility
410 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Brown Brown financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brown Brown's main balance sheet or income statement drivers, such as Depreciation And Amortization of 230.4 M, Interest Expense of 205.2 M or Total Revenue of 4.5 B, as well as many indicators such as Price To Sales Ratio of 3.48, Dividend Yield of 0.0065 or PTB Ratio of 3.39. Brown financial statements analysis is a perfect complement when working with Brown Brown Valuation or Volatility modules.
  
Check out the analysis of Brown Brown Correlation against competitors.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.

Latest Brown Brown's Accounts Payable Growth Pattern

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

Brown Accounts Payable Regression Statistics

Arithmetic Mean543,707,672
Geometric Mean330,377,713
Coefficient Of Variation74.43
Mean Deviation320,984,350
Median568,518,000
Standard Deviation404,673,582
Sample Variance163760.7T
Range1.4B
R-Value0.31
Mean Square Error159167.7T
R-Squared0.1
Significance0.26
Slope28,250,798
Total Sum of Squares2292649.9T

Brown Accounts Payable History

2024308 M
2023458.9 M
2022286.5 M
2021242.7 M
20201.4 B
20191.1 B
2018944.9 M

About Brown Brown Financial Statements

Brown Brown investors utilize fundamental indicators, such as Accounts Payable, to predict how Brown 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 Payable458.9 M308 M

Pair Trading with Brown Brown

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brown Brown position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brown Brown will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brown Stock

  0.74EHTH eHealthPairCorr
  0.87AON Aon PLCPairCorr

Moving against Brown Stock

  0.75RELI Reliance Global GroupPairCorr
  0.71ERIE Erie IndemnityPairCorr
  0.5ZBAO Zhibao Technology ClassPairCorr
  0.4TIRX Tian Ruixiang HoldingsPairCorr
The ability to find closely correlated positions to Brown Brown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Brown when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brown Brown - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brown Brown to buy it.
The correlation of Brown Brown is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brown Brown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Brown moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brown Brown can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Brown Brown offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brown Brown'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 Brown Brown Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brown Brown Stock:
Check out the analysis of Brown Brown Correlation against competitors.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Insurance Brokers 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 Brown Brown. If investors know Brown 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 Brown Brown 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
0.311
Dividend Share
0.52
Earnings Share
3.68
Revenue Per Share
16.261
Quarterly Revenue Growth
0.099
The market value of Brown Brown is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Brown's value that differs from its market value or its book value, called intrinsic value, which is Brown Brown'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 Brown Brown's market value can be influenced by many factors that don't directly affect Brown Brown'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 Brown Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Brown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Brown'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.