SSR Accounts Payable from 2010 to 2024

SSRM Stock  USD 6.34  0.10  1.60%   
SSR Mining Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to drop to about 19.1 M. Accounts Payable is the amount SSR Mining owes to suppliers or vendors for products or services received but not yet paid for. It represents SSR Mining's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1996-03-31
Previous Quarter
30.5 M
Current Value
23.9 M
Quarterly Volatility
30.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SSR Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SSR Mining's main balance sheet or income statement drivers, such as Total Revenue of 1.5 B, Gross Profit of 364.8 M or Operating Income of 292.7 M, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0146 or PTB Ratio of 0.62. SSR financial statements analysis is a perfect complement when working with SSR Mining Valuation or Volatility modules.
  
Check out the analysis of SSR Mining Correlation against competitors.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.

Latest SSR Mining's Accounts Payable Growth Pattern

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

SSR Accounts Payable Regression Statistics

Arithmetic Mean27,611,172
Geometric Mean20,339,450
Coefficient Of Variation69.12
Mean Deviation14,561,757
Median19,141,348
Standard Deviation19,083,862
Sample Variance364.2T
Range78.1M
R-Value0.46
Mean Square Error308.4T
R-Squared0.21
Significance0.08
Slope1,972,845
Total Sum of Squares5098.7T

SSR Accounts Payable History

202419.1 M
202336.9 M
202278.9 M
202134.8 M
202042.6 M
201933.6 M
201815.9 M

About SSR Mining Financial Statements

SSR Mining investors utilize fundamental indicators, such as Accounts Payable, to predict how SSR 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 Payable36.9 M19.1 M

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When determining whether SSR Mining is a strong investment it is important to analyze SSR Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SSR Mining's future performance. For an informed investment choice regarding SSR Stock, refer to the following important reports:
Check out the analysis of SSR Mining Correlation against competitors.
To learn how to invest in SSR Stock, please use our How to Invest in SSR Mining guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Metals & Mining 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 SSR Mining. If investors know SSR 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 SSR Mining 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
(0.86)
Dividend Share
0.14
Earnings Share
(2.36)
Revenue Per Share
6.042
Quarterly Revenue Growth
(0.39)
The market value of SSR Mining is measured differently than its book value, which is the value of SSR that is recorded on the company's balance sheet. Investors also form their own opinion of SSR Mining's value that differs from its market value or its book value, called intrinsic value, which is SSR Mining'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 SSR Mining's market value can be influenced by many factors that don't directly affect SSR Mining'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 SSR Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSR Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSR Mining'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.