Azek Accounts Payable from 2010 to 2024
| AZEK Stock | USD 53.12 0.86 1.65% |
Accounts Payable | First Reported 2019-09-30 | Previous Quarter 64.1 M | Current Value 57.9 M | Quarterly Volatility 14.3 M |
Check Azek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Azek's main balance sheet or income statement drivers, such as Interest Expense of 38.5 M, Other Operating Expenses of 858.1 M or Net Income Applicable To Common Shares of 82.1 M, as well as many indicators such as Price To Sales Ratio of 4.85, Dividend Yield of 0.0 or PTB Ratio of 5.54. Azek financial statements analysis is a perfect complement when working with Azek Valuation or Volatility modules.
Azek | Accounts Payable |
Latest Azek's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Azek Company over the last few years. An accounting item on the balance sheet that represents Azek 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 Azek 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. Azek's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Azek'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 |
Azek Accounts Payable Regression Statistics
| Arithmetic Mean | 43,174,434 | |
| Geometric Mean | 41,773,199 | |
| Coefficient Of Variation | 27.04 | |
| Mean Deviation | 9,481,188 | |
| Median | 35,877,000 | |
| Standard Deviation | 11,674,995 | |
| Sample Variance | 136.3T | |
| Range | 45.2M | |
| R-Value | 0.81 | |
| Mean Square Error | 50.4T | |
| R-Squared | 0.66 | |
| Significance | 0.0002 | |
| Slope | 2,115,281 | |
| Total Sum of Squares | 1908.3T |
Azek Accounts Payable History
About Azek Financial Statements
Azek investors utilize fundamental indicators, such as Accounts Payable, to predict how Azek 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 Reported | Projected for Next Year | ||
| Accounts Payable | 57.9 M | 50.3 M |
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Is Building 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 Azek. If investors know Azek 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 Azek 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 0.478 | Earnings Share 1.04 | Revenue Per Share 10.094 | Quarterly Revenue Growth 0.121 | Return On Assets 0.0603 |
The market value of Azek Company is measured differently than its book value, which is the value of Azek that is recorded on the company's balance sheet. Investors also form their own opinion of Azek's value that differs from its market value or its book value, called intrinsic value, which is Azek'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 Azek's market value can be influenced by many factors that don't directly affect Azek'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 Azek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azek'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.