Tetra Accounts Payable from 2010 to 2024

TTEK Stock  USD 41.77  0.26  0.63%   
Tetra Tech Accounts Payable yearly trend continues to be quite stable with very little volatility. The value of Accounts Payable is projected to decrease to about 124 M. Accounts Payable is the amount Tetra Tech owes to suppliers or vendors for products or services received but not yet paid for. It represents Tetra Tech's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1991-09-30
Previous Quarter
198.3 M
Current Value
197.4 M
Quarterly Volatility
69.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tetra Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tetra Tech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 77.4 M, Interest Expense of 46.8 M or Total Revenue of 5.5 B, as well as many indicators such as Price To Sales Ratio of 1.28, Dividend Yield of 0.0065 or PTB Ratio of 3.92. Tetra financial statements analysis is a perfect complement when working with Tetra Tech Valuation or Volatility modules.
  
Check out the analysis of Tetra Tech Correlation against competitors.
For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.

Latest Tetra Tech's Accounts Payable Growth Pattern

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

Tetra Accounts Payable Regression Statistics

Arithmetic Mean147,598,256
Geometric Mean123,747,990
Coefficient Of Variation31.99
Mean Deviation30,107,692
Median154,003,000
Standard Deviation47,219,895
Sample Variance2229.7T
Range201.6M
R-Value0.34
Mean Square Error2125.4T
R-Squared0.11
Significance0.22
Slope3,578,796
Total Sum of Squares31216.1T

Tetra Accounts Payable History

2024124 M
2023197.4 M
2022173.3 M
2021147.4 M
2020128.8 M
2019111.8 M
2018206.6 M

About Tetra Tech Financial Statements

Tetra Tech investors utilize fundamental indicators, such as Accounts Payable, to predict how Tetra Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Accounts Payable197.4 M124 M

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When determining whether Tetra Tech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tetra Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tetra Tech Stock. Highlighted below are key reports to facilitate an investment decision about Tetra Tech Stock:
Check out the analysis of Tetra Tech Correlation against competitors.
For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Environmental & Facilities 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 Tetra Tech. If investors know Tetra 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 Tetra Tech 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
0.749
Earnings Share
1.23
Revenue Per Share
15.861
Quarterly Revenue Growth
0.082
Return On Assets
0.0765
The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech'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 Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech'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 Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech'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.