Apple Accounts Payable vs Total Liabilities Analysis

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AAPL -- USA Stock  

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Apple financial indicator trend analysis is way more than just evaluating Apple prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apple is a good investment. Please check the relationship between Apple Accounts Payable and its Total Liabilities accounts. Please continue to Trending Equities.

Accounts Payable vs Total Liabilities

Accounts Relationship

Accounts Payable vs Total Liabilities

Significance: Totally Related

Accounts Payable diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Accounts Payable account and Total Liabilities

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Apple obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Apple are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms.

Total Liabilities

Deferred Income Tax is recorded on Apple balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Apple books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are [Debt]; [DeferredRev]; [Payables];[Deposits]; and [TaxLiabilities].