GMS Accounts Payable from 2010 to 2024

GMS Stock  USD 90.08  1.06  1.16%   
GMS Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable is likely to outpace its year average in 2024. Accounts Payable is the amount GMS Inc owes to suppliers or vendors for products or services received but not yet paid for. It represents GMS's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2014-04-30
Previous Quarter
367.4 M
Current Value
323.3 M
Quarterly Volatility
109.7 M
 
Yuan Drop
 
Covid
Check GMS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GMS main balance sheet or income statement drivers, such as Depreciation And Amortization of 96.6 M, Interest Expense of 45.8 M or Total Revenue of 6.4 B, as well as many exotic indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 0.21 or PTB Ratio of 2.3. GMS financial statements analysis is a perfect complement when working with GMS Valuation or Volatility modules.
  
This module can also supplement GMS's financial leverage analysis and stock options assessment as well as various GMS Technical models . Check out the analysis of GMS Correlation against competitors.

Latest GMS's Accounts Payable Growth Pattern

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

GMS Accounts Payable Regression Statistics

Arithmetic Mean200,777,505
Geometric Mean154,331,213
Coefficient Of Variation73.60
Mean Deviation128,617,672
Median116,168,000
Standard Deviation147,762,815
Sample Variance21833.8T
Range385.1M
R-Value0.93
Mean Square Error2958.7T
R-Squared0.87
Slope30,892,134
Total Sum of Squares305673.9T

GMS Accounts Payable History

2024455.2 M
2023433.6 M
2022377 M
2021367.3 M
2020323 M
2019213.2 M
2018173.8 M

About GMS Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include GMS income statement, its balance sheet, and the statement of cash flows. GMS investors use historical funamental indicators, such as GMS's Accounts Payable, to determine how well the company is positioned to perform in the future. Although GMS investors may use each financial statement separately, they are all related. The changes in GMS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GMS'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 GMS Financial Statements. Understanding these patterns can help to make the right decision on long term investment in GMS. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable433.6 M455.2 M

GMS Investors Sentiment

The influence of GMS's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in GMS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to GMS's public news can be used to forecast risks associated with an investment in GMS. The trend in average sentiment can be used to explain how an investor holding GMS can time the market purely based on public headlines and social activities around GMS Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
GMS's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for GMS's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average GMS's news discussions. The higher the estimated score, the more favorable is the investor's outlook on GMS.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards GMS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, GMS's short interest history, or implied volatility extrapolated from GMS options trading.

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When determining whether GMS Inc is a strong investment it is important to analyze GMS'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 GMS's future performance. For an informed investment choice regarding GMS Stock, refer to the following important reports:
Check out the analysis of GMS Correlation against competitors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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Is GMS'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 GMS. If investors know GMS 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 GMS 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
(0.16)
Earnings Share
7.05
Revenue Per Share
132.882
Quarterly Revenue Growth
0.019
Return On Assets
0.0884
The market value of GMS Inc is measured differently than its book value, which is the value of GMS that is recorded on the company's balance sheet. Investors also form their own opinion of GMS's value that differs from its market value or its book value, called intrinsic value, which is GMS'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 GMS's market value can be influenced by many factors that don't directly affect GMS'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 GMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if GMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GMS'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.