Otter Accounts Payable from 2010 to 2024

OTTR Stock  USD 89.29  1.61  1.77%   
Otter Tail Accounts Payable yearly trend continues to be relatively stable with very little volatility. Accounts Payable is likely to drop to about 93.9 M. Accounts Payable is the amount Otter Tail owes to suppliers or vendors for products or services received but not yet paid for. It represents Otter Tail's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1994-03-31
Previous Quarter
94.4 M
Current Value
92.2 M
Quarterly Volatility
37.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Otter Tail financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otter main balance sheet or income statement drivers, such as Interest Expense of 39.6 M, Total Revenue of 766.4 M or Gross Profit of 437.9 M, as well as many exotic indicators such as Price To Sales Ratio of 2.76, Dividend Yield of 0.0196 or PTB Ratio of 1.55. Otter financial statements analysis is a perfect complement when working with Otter Tail Valuation or Volatility modules.
  
This module can also supplement Otter Tail's financial leverage analysis and stock options assessment as well as various Otter Tail Technical models . Check out the analysis of Otter Tail Correlation against competitors.
To learn how to invest in Otter Stock, please use our How to Invest in Otter Tail guide.

Latest Otter Tail's Accounts Payable Growth Pattern

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

Otter Accounts Payable Regression Statistics

Arithmetic Mean99,040,025
Geometric Mean93,367,477
Coefficient Of Variation26.69
Mean Deviation17,836,377
Median96,291,000
Standard Deviation26,437,142
Sample Variance698.9T
Range112.6M
R-Value0.41
Mean Square Error625.4T
R-Squared0.17
Significance0.13
Slope2,430,606
Total Sum of Squares9784.9T

Otter Accounts Payable History

202493.9 M
202394.4 M
2022104.4 M
2021135.1 M
2020130.8 M
2019120.8 M
201896.3 M

About Otter Tail Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Otter Tail income statement, its balance sheet, and the statement of cash flows. Otter Tail investors use historical funamental indicators, such as Otter Tail's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Otter Tail investors may use each financial statement separately, they are all related. The changes in Otter Tail's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Otter Tail's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Otter Tail Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Otter Tail. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable94.4 M93.9 M

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When determining whether Otter Tail is a strong investment it is important to analyze Otter Tail'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 Otter Tail's future performance. For an informed investment choice regarding Otter Stock, refer to the following important reports:
Check out the analysis of Otter Tail Correlation against competitors.
To learn how to invest in Otter Stock, please use our How to Invest in Otter Tail guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Otter Tail's industry 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 Otter Tail. If investors know Otter 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 Otter Tail 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
0.188
Dividend Share
1.78
Earnings Share
7.28
Revenue Per Share
32.553
Quarterly Revenue Growth
0.024
The market value of Otter Tail is measured differently than its book value, which is the value of Otter that is recorded on the company's balance sheet. Investors also form their own opinion of Otter Tail's value that differs from its market value or its book value, called intrinsic value, which is Otter Tail'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 Otter Tail's market value can be influenced by many factors that don't directly affect Otter Tail'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 Otter Tail's value and its price as these two are different measures arrived at by different means. Investors typically determine if Otter Tail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Otter Tail'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.