AMCON Accounts Payable from 2010 to 2024

DIT Stock  USD 125.13  4.10  3.39%   
AMCON Distributing Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable is likely to outpace its year average in 2024. Accounts Payable is the amount AMCON Distributing owes to suppliers or vendors for products or services received but not yet paid for. It represents AMCON Distributing's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1996-06-30
Previous Quarter
46.2 M
Current Value
54.5 M
Quarterly Volatility
9.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AMCON Distributing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AMCON Distributing's main balance sheet or income statement drivers, such as Depreciation And Amortization of 10 M, Interest Expense of 10.9 M or Selling General Administrative of 162.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0069 or PTB Ratio of 1.01. AMCON financial statements analysis is a perfect complement when working with AMCON Distributing Valuation or Volatility modules.
  
Check out the analysis of AMCON Distributing Correlation against competitors.
For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.

Latest AMCON Distributing's Accounts Payable Growth Pattern

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

AMCON Accounts Payable Regression Statistics

Arithmetic Mean25,800,253
Geometric Mean21,706,856
Coefficient Of Variation59.83
Mean Deviation12,210,938
Median18,647,572
Standard Deviation15,437,534
Sample Variance238.3T
Range53.1M
R-Value0.89
Mean Square Error55.1T
R-Squared0.79
Significance0.000011
Slope3,059,236
Total Sum of Squares3336.4T

AMCON Accounts Payable History

202457.2 M
202354.5 M
202243.1 M
202140 M
202024.2 M
201922.1 M
201818.6 M

About AMCON Distributing Financial Statements

AMCON Distributing shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although AMCON Distributing investors may analyze each financial statement separately, they are all interrelated. The changes in AMCON Distributing's assets and liabilities, for example, are also reflected in the revenues and expenses on on AMCON Distributing'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 Payable54.5 M57.2 M

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Additional Tools for AMCON Stock Analysis

When running AMCON Distributing's price analysis, check to measure AMCON Distributing'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 AMCON Distributing is operating at the current time. Most of AMCON Distributing's value examination focuses on studying past and present price action to predict the probability of AMCON Distributing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMCON Distributing's price. Additionally, you may evaluate how the addition of AMCON Distributing to your portfolios can decrease your overall portfolio volatility.