Penn Accounts Payable from 2010 to 2024

PENN Stock  USD 17.25  0.09  0.52%   
Penn National Accounts Payable yearly trend continues to be very stable with very little volatility. Accounts Payable is likely to drop to about 28.9 M. Accounts Payable is the amount Penn National Gaming owes to suppliers or vendors for products or services received but not yet paid for. It represents Penn National's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1993-12-31
Previous Quarter
36.6 M
Current Value
38.2 M
Quarterly Volatility
32.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Penn National financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Penn National's main balance sheet or income statement drivers, such as Depreciation And Amortization of 456.9 M, Interest Expense of 487.9 M or Total Revenue of 6.7 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 0.0 or PTB Ratio of 1.3. Penn financial statements analysis is a perfect complement when working with Penn National Valuation or Volatility modules.
  
Check out the analysis of Penn National Correlation against competitors.

Latest Penn National's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Penn National Gaming over the last few years. An accounting item on the balance sheet that represents Penn National 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 Penn National Gaming 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. Penn National's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Penn National's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Pretty Stable
   Accounts Payable   
       Timeline  

Penn Accounts Payable Regression Statistics

Arithmetic Mean36,139,540
Geometric Mean30,025,023
Coefficient Of Variation42.55
Mean Deviation9,998,091
Median36,600,000
Standard Deviation15,376,095
Sample Variance236.4T
Range71.2M
R-Value0.21
Mean Square Error243T
R-Squared0.05
Significance0.44
Slope735,770
Total Sum of Squares3309.9T

Penn Accounts Payable History

202428.9 M
202336.6 M
202240.1 M
202153.3 M
202033.2 M
201940.3 M
201830.6 M

About Penn National Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Penn National income statement, its balance sheet, and the statement of cash flows. Penn National investors use historical funamental indicators, such as Penn National's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Penn National investors may use each financial statement separately, they are all related. The changes in Penn National's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Penn National'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 Penn National Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Penn National. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable36.6 M28.9 M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in Penn Stock

When determining whether Penn National Gaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Penn National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Penn National Gaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Penn National Gaming Stock:
Check out the analysis of Penn National Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Hotels, Restaurants & Leisure 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 Penn National. If investors know Penn 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 Penn National 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
2.089
Earnings Share
(7.33)
Revenue Per Share
41.493
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0068
The market value of Penn National Gaming is measured differently than its book value, which is the value of Penn that is recorded on the company's balance sheet. Investors also form their own opinion of Penn National's value that differs from its market value or its book value, called intrinsic value, which is Penn National'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 Penn National's market value can be influenced by many factors that don't directly affect Penn National'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 Penn National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Penn National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn National'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.