Houston Wire & Cable Company Accounts Payable

Houston Wire & Cable Company posts a accounts payable of $11M as of March 2021. That compares with $15M in the prior-year period — down 25.6% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Houston Wire & Cable Company's accounts payable was $15M. The latest reading is $11M — a 25.6% year-over-year decrease (period ending March 2021). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of Houston Wire & Cable Company's financial statement story. At $11M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for HWCC's accounts payable usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Houston Wire & Cable Company's other metric pages and overview cover the third.

Judging Houston Wire & Cable Company against Real Estate peers is usually better than using a market-wide rule of thumb. Business models inside Real Estate are more comparable, which makes gaps in accounts payable easier to interpret. Start with $11M here, then scan peer and history charts to see if the gap is persistent.