WDFC Accounts Payable from 2010 to 2024

WDFC Stock  USD 277.53  6.76  2.50%   
WD 40's Accounts Payable is increasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is expected to go to about 37.8 M this year. Accounts Payable is the amount WD 40 Company owes to suppliers or vendors for products or services received but not yet paid for. It represents WD 40's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-11-30
Previous Quarter
32.4 M
Current Value
36 M
Quarterly Volatility
M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check WD 40 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among WD 40's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.9 M, Interest Expense of 4.1 M or Total Revenue of 620.1 M, as well as many indicators such as Price To Sales Ratio of 6.33, Dividend Yield of 0.0126 or PTB Ratio of 16.23. WDFC financial statements analysis is a perfect complement when working with WD 40 Valuation or Volatility modules.
  
Check out the analysis of WD 40 Correlation against competitors.

Latest WD 40's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of WD 40 Company over the last few years. An accounting item on the balance sheet that represents WD 40 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 WD 40 Company 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. WD 40's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in WD 40'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  

WDFC Accounts Payable Regression Statistics

Arithmetic Mean23,319,667
Geometric Mean20,971,076
Coefficient Of Variation38.98
Mean Deviation7,239,556
Median20,898,000
Standard Deviation9,089,051
Sample Variance82.6T
Range34.1M
R-Value0.87
Mean Square Error21.8T
R-Squared0.76
Significance0.000026
Slope1,766,346
Total Sum of Squares1156.6T

WDFC Accounts Payable History

202437.8 M
202336 M
202230.8 M
202132.9 M
202033.5 M
201921.7 M
201818.7 M

About WD 40 Financial Statements

WD 40 stakeholders use historical fundamental indicators, such as WD 40's Accounts Payable, to determine how well the company is positioned to perform in the future. Although WD 40 investors may analyze each financial statement separately, they are all interrelated. For example, changes in WD 40's assets and liabilities are reflected in the revenues and expenses on WD 40'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 WD 40 Company. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable36 M37.8 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether WD 40 Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WD 40'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 Wd 40 Company Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wd 40 Company Stock:
Check out the analysis of WD 40 Correlation against competitors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Household Products 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 WD 40. If investors know WDFC 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 WD 40 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
0.016
Dividend Share
3.52
Earnings Share
5.11
Revenue Per Share
43.571
Quarterly Revenue Growth
0.111
The market value of WD 40 Company is measured differently than its book value, which is the value of WDFC that is recorded on the company's balance sheet. Investors also form their own opinion of WD 40's value that differs from its market value or its book value, called intrinsic value, which is WD 40'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 WD 40's market value can be influenced by many factors that don't directly affect WD 40'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 WD 40's value and its price as these two are different measures arrived at by different means. Investors typically determine if WD 40 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WD 40'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.