Sphere Accounts Payable from 2010 to 2024

SPHR Stock   37.75  1.25  3.42%   
Sphere Entertainment Accounts Payable yearly trend continues to be relatively stable with very little volatility. Accounts Payable is likely to drop to about 25.3 M. Accounts Payable is the amount Sphere Entertainment Co owes to suppliers or vendors for products or services received but not yet paid for. It represents Sphere Entertainment's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2010-12-31
Previous Quarter
45.6 M
Current Value
25.3 M
Quarterly Volatility
9.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sphere Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sphere Entertainment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.8 M, Interest Expense of 140.1 M or Total Revenue of 687.6 M, as well as many indicators such as Price To Sales Ratio of 1.02, Dividend Yield of 0.12 or PTB Ratio of 0.33. Sphere financial statements analysis is a perfect complement when working with Sphere Entertainment Valuation or Volatility modules.
  
Check out the analysis of Sphere Entertainment Correlation against competitors.

Latest Sphere Entertainment's Accounts Payable Growth Pattern

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

Sphere Accounts Payable Regression Statistics

Arithmetic Mean27,112,983
Geometric Mean23,690,790
Coefficient Of Variation34.86
Mean Deviation5,387,502
Median28,285,000
Standard Deviation9,451,636
Sample Variance89.3T
Range43.6M
R-Value0.01
Mean Square Error96.2T
R-Squared0.00003
Significance0.98
Slope11,647
Total Sum of Squares1250.7T

Sphere Accounts Payable History

202425.3 M
202345.6 M
202239.7 M
2021M
202026.6 M
201917.3 M
201824 M

About Sphere Entertainment Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Sphere Entertainment income statement, its balance sheet, and the statement of cash flows. Sphere Entertainment investors use historical funamental indicators, such as Sphere Entertainment's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Sphere Entertainment investors may use each financial statement separately, they are all related. The changes in Sphere Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sphere Entertainment'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 Sphere Entertainment Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sphere Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable45.6 M25.3 M

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Additional Tools for Sphere Stock Analysis

When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment'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 Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.