Unifirst Accounts Payable from 2010 to 2024

UNF Stock  USD 200.87  1.97  0.97%   
Unifirst's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is estimated to finish at about 97.1 M this year. Accounts Payable is the amount Unifirst owes to suppliers or vendors for products or services received but not yet paid for. It represents Unifirst's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1988-11-30
Previous Quarter
86.3 M
Current Value
92.5 M
Quarterly Volatility
24.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Unifirst financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unifirst's main balance sheet or income statement drivers, such as Depreciation And Amortization of 148.5 M, Interest Expense of 5.2 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0051 or PTB Ratio of 1.94. Unifirst financial statements analysis is a perfect complement when working with Unifirst Valuation or Volatility modules.
  
Check out the analysis of Unifirst Correlation against competitors.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.

Latest Unifirst's Accounts Payable Growth Pattern

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

Unifirst Accounts Payable Regression Statistics

Arithmetic Mean66,776,830
Geometric Mean60,002,092
Coefficient Of Variation34.08
Mean Deviation17,312,085
Median64,691,000
Standard Deviation22,754,715
Sample Variance517.8T
Range88.9M
R-Value0.90
Mean Square Error108.2T
R-Squared0.81
Slope4,567,983
Total Sum of Squares7248.9T

Unifirst Accounts Payable History

202497.1 M
202392.5 M
202292.7 M
202182.1 M
202081.4 M
201964 M
201877.9 M

About Unifirst Financial Statements

Unifirst stakeholders use historical fundamental indicators, such as Unifirst's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Unifirst investors may analyze each financial statement separately, they are all interrelated. For example, changes in Unifirst's assets and liabilities are reflected in the revenues and expenses on Unifirst'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 Unifirst. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable92.5 M97.1 M

Currently Active Assets on Macroaxis

When determining whether Unifirst is a strong investment it is important to analyze Unifirst'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 Unifirst's future performance. For an informed investment choice regarding Unifirst Stock, refer to the following important reports:
Check out the analysis of Unifirst Correlation against competitors.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Commercial Services & Supplies 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 Unifirst. If investors know Unifirst 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 Unifirst 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
0.626
Dividend Share
1.32
Earnings Share
7.77
Revenue Per Share
130.066
Quarterly Revenue Growth
0.119
The market value of Unifirst is measured differently than its book value, which is the value of Unifirst that is recorded on the company's balance sheet. Investors also form their own opinion of Unifirst's value that differs from its market value or its book value, called intrinsic value, which is Unifirst'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 Unifirst's market value can be influenced by many factors that don't directly affect Unifirst'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 Unifirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unifirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unifirst'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.