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Hooker Furniture Corporation HOFT
$ 10.59 -1.53%

Quarterly report 2025-Q2
added 09-12-2025

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Hooker Furniture Corporation Accounts Payables 2011-2025 | HOFT

Accounts payable — are the obligations of an organization to other legal entities or individuals that arise in cases when the company has acquired goods or services on deferred payment terms, has not paid taxes and fees, has wage arrears to employees, or has received loans and other liabilities. Accounts payable arise when an organization has already received some benefit but has not yet paid for it.
Main types of accounts payable
Type of liabilityExample
To suppliers and contractorsGoods received but not yet paid for
Taxes and feesVAT, income tax, etc., not paid on time
SalariesEmployee wages not paid
To budgetsInsurance contributions to funds not paid
To foundersFounders provided borrowed funds
To banksOverdue loan payments
OtherFines, penalties, forfeits, customer prepayments, etc.

Impact on the company's financial performance
  1. Liquidity and solvency
    Accounts payable are part of short-term liabilities, so they affect liquidity ratios
  2. Financial stability
    The higher the share of borrowed funds (including accounts payable), the lower the company's level of independence
  3. Capital turnover
    Moderate accounts payable can positively affect working capital by allowing the company to use “free” financing from suppliers (payment deferrals)
  4. Risks and reputation
    Large and especially overdue accounts payable may indicate financial difficulties. This can deter investors, partners, and lenders, and at a critical level of debt and lack of resources to repay it, bankruptcy proceedings may be initiated

Annual Accounts Payables Hooker Furniture Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
20 M 16.5 M 16.1 M 30.9 M 32.2 M 25.5 M 40.8 M 32.7 M 36.6 M 9.1 M 10.3 M 7.08 M 11.6 M 9.23 M 11.8 M

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
40.8 M 7.08 M 20.7 M

Quarterly Accounts Payables Hooker Furniture Corporation

2025-Q2 2025-Q1 2024-Q4 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
14.1 M 11.5 M 20 M 19.9 M 18.6 M 16.5 M 23.3 M 14.1 M - 16.1 M 30.3 M 36.6 M 42.3 M 32.2 M 16.6 M 40.7 M 39.6 M 25.5 M 28.5 M 24.1 M 13.4 M 40.8 M 27.4 M 31.8 M 33.4 M 32.7 M 38.4 M 37 M 34.9 M 36.6 M 33.7 M 27.7 M 29.7 M 9.1 M 31.5 M 29.4 M 26.3 M 10.3 M 8.1 M 10 M 8.42 M 7.08 M 9.32 M 8.71 M 8.69 M 11.6 M 12.3 M 10.8 M 9.22 M 9.23 M 9.4 M 12.7 M 13.4 M 11.8 M 11.2 M 9.39 M 10.6 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
42.3 M 7.08 M 21.2 M

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