Sun Accounts Payable from 2010 to 2024

SLF Stock  USD 60.92  0.01  0.02%   
Sun Life's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is predicted to flatten to about 2.2 B. Accounts Payable is the amount Sun Life Financial owes to suppliers or vendors for products or services received but not yet paid for. It represents Sun Life's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2000-03-31
Previous Quarter
2.5 B
Current Value
136.4 B
Quarterly Volatility
23.9 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sun Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sun Life's main balance sheet or income statement drivers, such as Depreciation And Amortization of 627.9 M, Interest Expense of 315.1 M or Total Revenue of 25.2 B, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0275 or PTB Ratio of 1.06. Sun financial statements analysis is a perfect complement when working with Sun Life Valuation or Volatility modules.
  
Check out the analysis of Sun Life Correlation against competitors.

Latest Sun Life's Accounts Payable Growth Pattern

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

Sun Accounts Payable Regression Statistics

Arithmetic Mean2,103,689,501
Geometric Mean2,047,109,109
Coefficient Of Variation21.75
Mean Deviation331,947,661
Median2,118,000,000
Standard Deviation457,615,627
Sample Variance209412.1T
Range1.7B
R-Value0.49
Mean Square Error170620.7T
R-Squared0.24
Significance0.06
Slope50,486,896
Total Sum of Squares2931768.9T

Sun Accounts Payable History

20242.2 B
20232.5 B
20222.6 B
20211.9 B
20202.4 B
20191.9 B
2018B

About Sun Life Financial Statements

Sun Life stakeholders use historical fundamental indicators, such as Sun Life's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Sun Life investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sun Life's assets and liabilities are reflected in the revenues and expenses on Sun Life'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 Sun Life Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable2.5 B2.2 B

Currently Active Assets on Macroaxis

When determining whether Sun Life Financial is a strong investment it is important to analyze Sun Life'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 Sun Life's future performance. For an informed investment choice regarding Sun Stock, refer to the following important reports:
Check out the analysis of Sun Life Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Life & Health Insurance 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 Sun Life. If investors know Sun 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 Sun Life 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
0.567
Dividend Share
3.18
Earnings Share
4.36
Revenue Per Share
55.991
Quarterly Revenue Growth
0.077
The market value of Sun Life Financial is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Life's value that differs from its market value or its book value, called intrinsic value, which is Sun Life'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 Sun Life's market value can be influenced by many factors that don't directly affect Sun Life'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 Sun Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Life'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.