Zurn Accounts Payable from 2010 to 2024

ZWS Stock  USD 40.28  0.46  1.16%   
Zurn Elkay Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 53.6 M in 2024. Accounts Payable is the amount Zurn Elkay Water owes to suppliers or vendors for products or services received but not yet paid for. It represents Zurn Elkay's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1989-03-31
Previous Quarter
77.9 M
Current Value
94.7 M
Quarterly Volatility
88.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zurn Elkay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zurn Elkay's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.6 M, Interest Expense of 75.3 M or Total Revenue of 977.7 M, as well as many indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0093 or PTB Ratio of 1.78. Zurn financial statements analysis is a perfect complement when working with Zurn Elkay Valuation or Volatility modules.
  
Check out the analysis of Zurn Elkay Correlation against competitors.

Latest Zurn Elkay's Accounts Payable Growth Pattern

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

Zurn Accounts Payable Regression Statistics

Arithmetic Mean152,885,333
Geometric Mean116,869,401
Coefficient Of Variation52.71
Mean Deviation71,484,267
Median191,700,000
Standard Deviation80,590,299
Sample Variance6494.8T
Range233.2M
R-Value(0.45)
Mean Square Error5579.8T
R-Squared0.20
Significance0.09
Slope(8,104,071)
Total Sum of Squares90927.1T

Zurn Accounts Payable History

202453.6 M
202356.4 M
2022116.9 M
2021105.1 M
202041.3 M
2018191.7 M
2017226 M

About Zurn Elkay Financial Statements

Zurn Elkay shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Zurn Elkay investors may analyze each financial statement separately, they are all interrelated. The changes in Zurn Elkay's assets and liabilities, for example, are also reflected in the revenues and expenses on on Zurn Elkay'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 Payable56.4 M53.6 M

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Additional Tools for Zurn Stock Analysis

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