Spartan Motors Accounts Payable

Spartan Motors posts a accounts payable of $50M as of June 2020. That compares with $110M in the prior-year period — down 52.3% 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, Spartan Motors's accounts payable was $110M. The latest reading is $50M — a 52.3% year-over-year decrease (period ending June 2020). Use the history and growth charts on this page for a longer lookback.

Accounts Payable is one piece of Spartan Motors's financial statement story. At $50M, 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 SPAR'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; Spartan Motors's other metric pages and overview cover the third.

Judging Spartan Motors against Industrials peers is usually better than using a market-wide rule of thumb. Business models inside Industrials are more comparable, which makes gaps in accounts payable easier to interpret. Start with $50M here, then scan peer and history charts to see if the gap is persistent.