Euronav Accounts Payable from 2010 to 2024

CMBT Stock   11.01  0.28  2.48%   
Euronav NV Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 36.5 M in 2024. Accounts Payable is the amount Euronav NV owes to suppliers or vendors for products or services received but not yet paid for. It represents Euronav NV's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2009-12-31
Previous Quarter
94.2 M
Current Value
113.8 M
Quarterly Volatility
44.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Euronav NV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Euronav NV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 202.3 M, Interest Expense of 71.2 M or Selling General Administrative of 39.6 M, as well as many indicators such as Price To Sales Ratio of 1.7, Dividend Yield of 0.19 or PTB Ratio of 1.18. Euronav financial statements analysis is a perfect complement when working with Euronav NV Valuation or Volatility modules.
  
Check out the analysis of Euronav NV Correlation against competitors.
For more information on how to buy Euronav Stock please use our How to Invest in Euronav NV guide.

Latest Euronav NV's Accounts Payable Growth Pattern

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

Euronav Accounts Payable Regression Statistics

Arithmetic Mean32,839,173
Geometric Mean29,109,693
Coefficient Of Variation55.29
Mean Deviation13,895,431
Median26,012,000
Standard Deviation18,157,995
Sample Variance329.7T
Range64.1M
R-Value(0.38)
Mean Square Error304.1T
R-Squared0.14
Significance0.16
Slope(1,538,910)
Total Sum of Squares4616T

Euronav Accounts Payable History

202436.5 M
202342 M
202224.7 M
202126 M
202027.2 M
201922.7 M
201816.3 M

About Euronav NV Financial Statements

Euronav NV shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Euronav NV investors may analyze each financial statement separately, they are all interrelated. The changes in Euronav NV's assets and liabilities, for example, are also reflected in the revenues and expenses on on Euronav NV'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 Payable42 M36.5 M

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Additional Tools for Euronav Stock Analysis

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