Gambling Accounts Payable from 2010 to 2024

GAMB Stock  USD 13.26  0.34  2.63%   
Gambling's Accounts Payable is increasing over the years with slightly volatile fluctuation. Accounts Payable is expected to dwindle to about 1 M. Accounts Payable is the amount Gambling Group owes to suppliers or vendors for products or services received but not yet paid for. It represents Gambling's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2018-06-30
Previous Quarter
890 K
Current Value
1.6 M
Quarterly Volatility
1.4 M
 
Covid
Check Gambling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gambling's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 1.2 M or Total Revenue of 114.1 M, as well as many indicators such as Price To Sales Ratio of 3.08, Dividend Yield of 0.0 or PTB Ratio of 2.82. Gambling financial statements analysis is a perfect complement when working with Gambling Valuation or Volatility modules.
  
Check out the analysis of Gambling Correlation against competitors.

Latest Gambling's Accounts Payable Growth Pattern

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

Gambling Accounts Payable Regression Statistics

Arithmetic Mean690,215
Geometric Mean605,068
Coefficient Of Variation61.47
Mean Deviation329,051
Median426,284
Standard Deviation424,309
Sample Variance180B
Range1.4M
R-Value0.75
Mean Square Error84.6B
R-Squared0.56
Significance0
Slope71,220
Total Sum of Squares2.5T

Gambling Accounts Payable History

2024M
20231.9 M
20221.2 M
2021M
2020521 K
2019503 K
2018776.2 K

About Gambling Financial Statements

Gambling stakeholders use historical fundamental indicators, such as Gambling's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Gambling investors may analyze each financial statement separately, they are all interrelated. For example, changes in Gambling's assets and liabilities are reflected in the revenues and expenses on Gambling'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 Gambling Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable1.9 MM

Also Currently Popular

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 Gambling Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gambling'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 Gambling Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gambling Group Stock:
Check out the analysis of Gambling Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Hotels, Restaurants & Leisure 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 Gambling. If investors know Gambling 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 Gambling 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
24.173
Earnings Share
0.78
Revenue Per Share
3.115
Quarterly Revenue Growth
0.176
Return On Assets
0.1183
The market value of Gambling Group is measured differently than its book value, which is the value of Gambling that is recorded on the company's balance sheet. Investors also form their own opinion of Gambling's value that differs from its market value or its book value, called intrinsic value, which is Gambling'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 Gambling's market value can be influenced by many factors that don't directly affect Gambling'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 Gambling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gambling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gambling'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.