On Deck Capital Accounts Payable

On Deck Capital posts a accounts payable of $9.7M as of June 2020. That compares with $8.5M in the prior-year period — up 14.1% 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, On Deck Capital's accounts payable was $8.5M. The latest reading is $9.7M — a 14.1% year-over-year increase (period ending June 2020). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of On Deck Capital's financial statement story. At $9.7M, 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 ONDK'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; On Deck Capital's other metric pages and overview cover the third.

Judging On Deck Capital against Finance peers is usually better than using a market-wide rule of thumb. Business models inside Finance are more comparable, which makes gaps in accounts payable easier to interpret. Start with $9.7M here, then scan peer and history charts to see if the gap is persistent.