Corning (GLW) Notes Payables (2010 - 2023)
Corning's (GLW) quarterly Notes Payables came in at $66.0 million in Q4 2023, down 62.07% on a YoY basis from $174.0 million in Q4 2022, and down 56.0% quarter-over-quarter from $150.0 million in Q3 2023.
Analysis
Corning (GLW) Notes Payables (2010 - 2023) Analysis & Trends
Corning (GLW) has reported Notes Payables for 10 consecutive years, with $66.0 million the latest figure, recorded in Q4 2023.
- For the quarter ending Q4 2023, Notes Payables fell 62.07% year-over-year to $66.0 million; the trailing twelve-month figure through Dec 2023 stood at $66.0 million (down 62.07% YoY), and the FY2023 full-year result was $66.0 million, down 62.07% from the prior year.
- Notes Payables slipped to $66.0 million in Q4 2023 per GLW's latest filing, from $150.0 million in the prior quarter.
- Across five years, Notes Payables topped out at $494.0 million in Q3 2022 and bottomed at $43.0 million in Q1 2019.
- Historically, Notes Payables has averaged $156.6 million across 5 years, with a median of $143.0 million in 2020.
- The sharpest annual moves came in 2019 and 2022: Notes Payables tumbled 75.98% in 2019, then jumped 830.77% in 2022.
- Over 5 years, Notes Payables stood at $100.0 million in 2019, then soared by 44.0% to $144.0 million in 2020, then changed by 0.0% to $144.0 million in 2021, then gained by 20.83% to $174.0 million in 2022, then sank by 62.07% to $66.0 million in 2023.
- According to Business Quant data, Notes Payables over the past three periods registered $66.0 million, $150.0 million, and $164.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn |
| 10 | Hexcel | 6.84 Bn | 6.78 Bn | 138.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 66.00 Mn |
| Sep 30, 2023 | 150.00 Mn |
| Jun 30, 2023 | 164.00 Mn |
| Mar 31, 2023 | 144.00 Mn |
| Dec 31, 2022 | 174.00 Mn |
| Sep 30, 2022 | 494.00 Mn |
| Jun 30, 2022 | 484.00 Mn |
| Mar 31, 2022 | 276.00 Mn |
| Dec 31, 2021 | 144.00 Mn |
| Sep 30, 2021 | 72.00 Mn |
| Jun 30, 2021 | 52.00 Mn |
| Mar 31, 2021 | 52.00 Mn |
| Dec 31, 2020 | 144.00 Mn |
| Sep 30, 2020 | 143.00 Mn |
| Jun 30, 2020 | 91.00 Mn |
| Mar 31, 2020 | 143.00 Mn |
| Dec 31, 2019 | 100.00 Mn |
| Sep 30, 2019 | 129.00 Mn |
| Jun 30, 2019 | 67.00 Mn |
| Mar 31, 2019 | 43.00 Mn |