BGSF Accounts Payable from 2010 to 2024

BGSF Stock  USD 5.63  0.04  0.72%   
BG Staffing's Accounts Payable is decreasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 90.2 K. Accounts Payable is the amount BG Staffing owes to suppliers or vendors for products or services received but not yet paid for. It represents BG Staffing's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2012-12-31
Previous Quarter
254 K
Current Value
221 K
Quarterly Volatility
1.1 M
 
Yuan Drop
 
Covid
Check BG Staffing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BG Staffing's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.2 M, Interest Expense of 6.3 M or Selling General Administrative of 46.9 M, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.034 or PTB Ratio of 1.24. BGSF financial statements analysis is a perfect complement when working with BG Staffing Valuation or Volatility modules.
  
Check out the analysis of BG Staffing Correlation against competitors.
For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.

Latest BG Staffing's Accounts Payable Growth Pattern

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

BGSF Accounts Payable Regression Statistics

Arithmetic Mean1,082,611
Geometric Mean664,413
Coefficient Of Variation79.55
Mean Deviation758,722
Median951,672
Standard Deviation861,212
Sample Variance741.7B
Range2.2M
R-Value(0.89)
Mean Square Error163.1B
R-Squared0.80
Slope(171,791)
Total Sum of Squares10.4T

BGSF Accounts Payable History

202490.2 K
202395 K
2022587 K
2021401.2 K
2020219.7 K
2019479.4 K
2018146.3 K

About BG Staffing Financial Statements

BG Staffing stakeholders use historical fundamental indicators, such as BG Staffing's Accounts Payable, to determine how well the company is positioned to perform in the future. Although BG Staffing investors may analyze each financial statement separately, they are all interrelated. For example, changes in BG Staffing's assets and liabilities are reflected in the revenues and expenses on BG Staffing'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 BG Staffing. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable95 K90.2 K

Currently Active Assets on Macroaxis

When determining whether BG Staffing is a strong investment it is important to analyze BG Staffing'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 BG Staffing's future performance. For an informed investment choice regarding BGSF Stock, refer to the following important reports:
Check out the analysis of BG Staffing Correlation against competitors.
For more detail on how to invest in BGSF Stock please use our How to Invest in BG Staffing guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Human Resource & Employment Services 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 BG Staffing. If investors know BGSF 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 BG Staffing 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
(0.47)
Dividend Share
0.15
Earnings Share
(0.13)
Revenue Per Share
25.929
Quarterly Revenue Growth
(0.15)
The market value of BG Staffing is measured differently than its book value, which is the value of BGSF that is recorded on the company's balance sheet. Investors also form their own opinion of BG Staffing's value that differs from its market value or its book value, called intrinsic value, which is BG Staffing'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 BG Staffing's market value can be influenced by many factors that don't directly affect BG Staffing'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 BG Staffing's value and its price as these two are different measures arrived at by different means. Investors typically determine if BG Staffing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BG Staffing'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.