Priority Accounts Payable from 2010 to 2024

PRTH Stock  USD 4.46  0.28  6.70%   
Priority Technology's Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 10.5 M. Accounts Payable is the amount Priority Technology Holdings owes to suppliers or vendors for products or services received but not yet paid for. It represents Priority Technology's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2016-06-30
Previous Quarter
11 M
Current Value
46.4 M
Quarterly Volatility
20.7 M
 
Covid
Check Priority Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Priority main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 38.2 M or Selling General Administrative of 71.2 M, as well as many exotic indicators such as Price To Sales Ratio of 0.55, Dividend Yield of 0.0635 or PTB Ratio of 2.64. Priority financial statements analysis is a perfect complement when working with Priority Technology Valuation or Volatility modules.
  
This module can also supplement various Priority Technology Technical models . Check out the analysis of Priority Technology Correlation against competitors.

Latest Priority Technology's Accounts Payable Growth Pattern

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

Priority Accounts Payable Regression Statistics

Arithmetic Mean12,919,857
Geometric Mean1,291,803
Coefficient Of Variation132.14
Mean Deviation13,732,495
Median4,308,000
Standard Deviation17,071,695
Sample Variance291.4T
Range51.8M
R-Value0.62
Mean Square Error193.6T
R-Squared0.38
Significance0.01
Slope2,362,485
Total Sum of Squares4080.2T

Priority Accounts Payable History

202410.5 M
202311 M
202251.9 M
202142.5 M
20204.3 M
201927 M
201827.6 M

About Priority Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Priority Technology income statement, its balance sheet, and the statement of cash flows. Priority Technology investors use historical funamental indicators, such as Priority Technology's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Priority Technology investors may use each financial statement separately, they are all related. The changes in Priority Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Priority Technology'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 Priority Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Priority Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable11 M10.5 M

Currently Active Assets on Macroaxis

When determining whether Priority Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Priority Technology'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 Priority Technology Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Priority Technology Holdings Stock:
Check out the analysis of Priority Technology Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Priority Technology's price analysis, check to measure Priority Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Priority Technology is operating at the current time. Most of Priority Technology's value examination focuses on studying past and present price action to predict the probability of Priority Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Priority Technology's price. Additionally, you may evaluate how the addition of Priority Technology to your portfolios can decrease your overall portfolio volatility.
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Is Priority Technology'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 Priority Technology. If investors know Priority 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 Priority Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.58)
Revenue Per Share
9.914
Quarterly Revenue Growth
0.112
Return On Assets
0.0407
Return On Equity
0.0376
The market value of Priority Technology is measured differently than its book value, which is the value of Priority that is recorded on the company's balance sheet. Investors also form their own opinion of Priority Technology's value that differs from its market value or its book value, called intrinsic value, which is Priority Technology'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 Priority Technology's market value can be influenced by many factors that don't directly affect Priority Technology'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 Priority Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Priority Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Priority Technology'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.