Globus Accounts Payable from 2010 to 2024
| GMED Stock | USD 73.17 0.47 0.64% |
Accounts Payable | First Reported 2010-12-31 | Previous Quarter 50.5 M | Current Value 67.2 M | Quarterly Volatility 15 M |
Check Globus Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 152 M, Interest Expense of 21.1 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 4.16, Dividend Yield of 0.0 or PTB Ratio of 1.43. Globus financial statements analysis is a perfect complement when working with Globus Medical Valuation or Volatility modules.
Globus | Accounts Payable |
Latest Globus Medical's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Globus Medical over the last few years. An accounting item on the balance sheet that represents Globus Medical 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 Globus Medical 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. Globus Medical's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globus Medical'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 |
Globus Accounts Payable Regression Statistics
| Arithmetic Mean | 24,114,503 | |
| Geometric Mean | 20,075,887 | |
| Coefficient Of Variation | 65.35 | |
| Mean Deviation | 11,085,004 | |
| Median | 21,263,000 | |
| Standard Deviation | 15,758,380 | |
| Sample Variance | 248.3T | |
| Range | 53M | |
| R-Value | 0.85 | |
| Mean Square Error | 74.5T | |
| R-Squared | 0.72 | |
| Significance | 0.000062 | |
| Slope | 2,992,896 | |
| Total Sum of Squares | 3476.6T |
Globus Accounts Payable History
About Globus Medical Financial Statements
Globus Medical stakeholders use historical fundamental indicators, such as Globus Medical's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Globus Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Globus Medical's assets and liabilities are reflected in the revenues and expenses on Globus Medical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Globus Medical. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 56.7 M | 59.5 M |
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Check out the analysis of Globus Medical Correlation against competitors. For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Health Care Equipment & Supplies 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 Globus Medical. If investors know Globus 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 Globus Medical 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 (0.60) | Earnings Share 0.2 | Revenue Per Share 17.13 | Quarterly Revenue Growth 1.159 | Return On Assets 0.0611 |
The market value of Globus Medical is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Medical's value that differs from its market value or its book value, called intrinsic value, which is Globus Medical'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 Globus Medical's market value can be influenced by many factors that don't directly affect Globus Medical'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 Globus Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Medical'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.