State Street (STT) Accounts Payables (2011 - 2024)
State Street's (STT) quarterly Accounts Payables came in at $247.4 billion in Q3 2024, up 16.16% on a YoY basis from $213.0 billion in Q4 2023, and up 3.46% quarter-over-quarter from $239.2 billion in Q2 2024.
Analysis
State Street (STT) Accounts Payables (2011 - 2024) Analysis & Trends
State Street (STT) has reported Accounts Payables for 14 consecutive years, with $247.4 billion the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Accounts Payables rose 16.16% year-over-year to $247.4 billion; the trailing twelve-month figure through Sep 2024 stood at $247.4 billion (up 16.16% YoY), and the FY2023 full-year result was $221.0 billion, down 6.16% from the prior year.
- Accounts Payables improved to $247.4 billion in Q3 2024 per STT's latest filing, from $239.2 billion in the prior quarter.
- Across five years, Accounts Payables topped out at $264.0 billion in Q2 2021 and bottomed at $197.5 billion in Q3 2020.
- Historically, Accounts Payables has averaged $237.0 billion across 5 years, with a median of $239.8 billion in 2020.
- The sharpest annual moves came in 2020 and 2023: Accounts Payables surged 58.25% in 2020, then declined 10.92% in 2023.
- Over 5 years, Accounts Payables stood at $239.8 billion in 2020, then grew by 6.35% to $255.0 billion in 2021, then declined by 7.67% to $235.5 billion in 2022, then retreated by 6.16% to $221.0 billion in 2023, then gained by 11.97% to $247.4 billion in 2024.
- According to Business Quant data, Accounts Payables over the past three periods registered $247.4 billion, $239.2 billion, and $251.9 billion for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank of New York Mellon | 110.37 Bn | 49.74 Bn | - | 370.54 Bn |
| 2 | State Street | 53.13 Bn | 53.13 Bn | - | - |
| 3 | Northern Trust | 34.62 Bn | 34.62 Bn | - | 145.58 Bn |
| 4 | Sei Investments | 12.83 Bn | 12.74 Bn | - | 10.55 Mn |
| 5 | Healthequity | 7.98 Bn | 7.72 Bn | 257.95 Mn | 8.59 Mn |
| 6 | AtlasClear Holdings | 26.96 Mn | -13.53 Mn | - | 3.19 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 247.43 Bn |
| Jun 30, 2024 | 239.16 Bn |
| Mar 31, 2024 | 251.88 Bn |
| Dec 31, 2023 | 220.97 Bn |
| Sep 30, 2023 | 213.00 Bn |
| Jun 30, 2023 | 222.32 Bn |
| Mar 31, 2023 | 223.63 Bn |
| Dec 31, 2022 | 235.46 Bn |
| Sep 30, 2022 | 238.24 Bn |
| Jun 30, 2022 | 241.91 Bn |
| Mar 31, 2022 | 251.04 Bn |
| Dec 31, 2021 | 255.04 Bn |
| Sep 30, 2021 | 259.37 Bn |
| Jun 30, 2021 | 263.97 Bn |
| Mar 31, 2021 | 244.89 Bn |
| Dec 31, 2020 | 239.80 Bn |
| Sep 30, 2020 | 197.51 Bn |
| Jun 30, 2020 | 200.46 Bn |
| Mar 31, 2020 | 257.10 Bn |
| Dec 31, 2019 | 181.87 Bn |