Safety Accounts Payable from 2010 to 2024

SAFT Stock  USD 85.84  0.62  0.73%   
Safety Insurance Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 69.7 M in 2024. Accounts Payable is the amount Safety Insurance Group owes to suppliers or vendors for products or services received but not yet paid for. It represents Safety Insurance's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-12-31
Previous Quarter
84 M
Current Value
99.3 M
Quarterly Volatility
26.3 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Safety Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Safety Insurance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 M, Interest Expense of 588.6 K or Total Revenue of 729.3 M, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.0294 or PTB Ratio of 0.9. Safety financial statements analysis is a perfect complement when working with Safety Insurance Valuation or Volatility modules.
  
Check out the analysis of Safety Insurance Correlation against competitors.

Latest Safety Insurance's Accounts Payable Growth Pattern

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

Safety Accounts Payable Regression Statistics

Arithmetic Mean73,279,381
Geometric Mean65,085,224
Coefficient Of Variation27.38
Mean Deviation10,700,241
Median74,502,000
Standard Deviation20,060,497
Sample Variance402.4T
Range82.6M
R-Value0.50
Mean Square Error324.9T
R-Squared0.25
Significance0.06
Slope2,244,018
Total Sum of Squares5633.9T

Safety Accounts Payable History

202469.7 M
202380.2 M
202285.3 M
202185.8 M
202087.7 M
201987.9 M
201884.1 M

About Safety Insurance Financial Statements

Safety Insurance shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although Safety Insurance investors may analyze each financial statement separately, they are all interrelated. The changes in Safety Insurance's assets and liabilities, for example, are also reflected in the revenues and expenses on on Safety Insurance'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 Payable80.2 M69.7 M

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Additional Tools for Safety Stock Analysis

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