Walmart Payables Turnover vs Net Income Per Share Analysis

WMT Stock  USD 59.87  0.05  0.08%   
Walmart financial indicator trend analysis is more than just analyzing Walmart current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walmart is a good investment. Please check the relationship between Walmart Payables Turnover and its Net Income Per Share accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walmart. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Walmart Stock please use our How to Invest in Walmart guide.

Payables Turnover vs Net Income Per Share

Payables Turnover vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walmart Payables Turnover account and Net Income Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Walmart's Payables Turnover and Net Income Per Share is -0.16. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Walmart, assuming nothing else is changed. The correlation between historical values of Walmart's Payables Turnover and Net Income Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Walmart are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Payables Turnover i.e., Walmart's Payables Turnover and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Net Income Per Share

Most indicators from Walmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walmart current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walmart. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Walmart Stock please use our How to Invest in Walmart guide.At this time, Walmart's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 14.31 in 2024, whereas Tax Provision is likely to drop slightly above 4.4 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue572.8B611.3B648.1B680.5B
Depreciation And Amortization7.8B9.7B11.9B12.4B

Walmart fundamental ratios Correlations

0.960.510.810.950.950.910.950.790.990.380.790.73-0.870.960.960.330.570.830.970.490.170.97-0.010.290.34
0.960.390.750.890.930.980.880.730.970.370.730.67-0.790.970.890.290.520.80.890.570.170.890.060.360.32
0.510.390.760.390.320.290.450.610.460.550.610.62-0.780.510.470.490.660.740.59-0.08-0.480.61-0.47-0.370.27
0.810.750.760.750.720.70.730.670.790.530.670.93-0.90.770.810.340.850.990.820.4-0.060.84-0.120.110.56
0.950.890.390.750.980.860.980.710.950.310.710.7-0.760.860.950.230.460.750.910.560.420.890.020.490.45
0.950.930.320.720.980.930.960.610.970.240.610.69-0.740.880.930.130.460.740.860.620.420.880.070.490.47
0.910.980.290.70.860.930.840.580.950.260.580.64-0.740.930.850.150.480.760.790.640.240.840.110.40.35
0.950.880.450.730.980.960.840.710.950.330.710.65-0.80.870.930.260.40.740.90.460.340.9-0.060.410.41
0.790.730.610.670.710.610.580.710.730.611.00.55-0.720.790.710.670.480.690.90.15-0.110.76-0.130.080.09
0.990.970.460.790.950.970.950.950.730.350.730.71-0.860.960.960.250.550.810.930.530.20.960.010.320.35
0.380.370.550.530.310.240.260.330.610.350.610.42-0.520.420.260.480.40.550.44-0.02-0.310.42-0.18-0.170.22
0.790.730.610.670.710.610.580.711.00.730.610.55-0.720.790.710.670.480.690.90.15-0.110.76-0.130.080.09
0.730.670.620.930.70.690.640.650.550.710.420.55-0.780.670.790.10.890.920.730.390.010.75-0.060.170.73
-0.87-0.79-0.78-0.9-0.76-0.74-0.74-0.8-0.72-0.86-0.52-0.72-0.78-0.86-0.85-0.32-0.7-0.9-0.86-0.240.23-0.940.270.11-0.33
0.960.970.510.770.860.880.930.870.790.960.420.790.67-0.860.890.360.570.820.920.380.00.920.030.190.27
0.960.890.470.810.950.930.850.930.710.960.260.710.79-0.850.890.150.620.80.930.480.210.96-0.030.290.41
0.330.290.490.340.230.130.150.260.670.250.480.670.1-0.320.360.150.140.330.49-0.05-0.20.28-0.09-0.08-0.13
0.570.520.660.850.460.460.480.40.480.550.40.480.89-0.70.570.620.140.840.60.18-0.260.650.08-0.10.52
0.830.80.740.990.750.740.760.740.690.810.550.690.92-0.90.820.80.330.840.820.37-0.090.84-0.080.120.56
0.970.890.590.820.910.860.790.90.90.930.440.90.73-0.860.920.930.490.60.820.380.080.94-0.070.210.29
0.490.57-0.080.40.560.620.640.460.150.53-0.020.150.39-0.240.380.48-0.050.180.370.380.570.38-0.020.610.28
0.170.17-0.48-0.060.420.420.240.34-0.110.2-0.31-0.110.010.230.00.21-0.2-0.26-0.090.080.570.010.370.90.29
0.970.890.610.840.890.880.840.90.760.960.420.760.75-0.940.920.960.280.650.840.940.380.01-0.080.10.3
-0.010.06-0.47-0.120.020.070.11-0.06-0.130.01-0.18-0.13-0.060.270.03-0.03-0.090.08-0.08-0.07-0.020.37-0.080.450.04
0.290.36-0.370.110.490.490.40.410.080.32-0.170.080.170.110.190.29-0.08-0.10.120.210.610.90.10.450.31
0.340.320.270.560.450.470.350.410.090.350.220.090.73-0.330.270.41-0.130.520.560.290.280.290.30.040.31
Click cells to compare fundamentals

Walmart Account Relationship Matchups

Walmart fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets236.5B252.5B244.9B243.5B252.4B132.1B
Short Long Term Debt Total72.4B63.2B57.3B58.9B60.4B34.3B
Other Current Liab20.6B35.9B24.4B29.4B29.6B31.1B
Total Current Liabilities77.8B92.6B87.4B92.5B92.4B97.0B
Total Stockholder Equity74.7B81.3B83.3B76.7B83.9B49.4B
Property Plant And Equipment Net127.0B109.8B112.6B119.2B130.3B71.7B
Net Debt63.0B45.5B42.6B50.0B50.6B29.1B
Retained Earnings83.9B88.8B86.9B83.1B89.8B50.0B
Cash9.5B17.7B14.8B8.9B9.9B5.3B
Non Current Assets Total174.7B162.4B163.8B167.5B175.5B90.4B
Non Currrent Assets Other16.6B23.6B22.2B(5.2B)17.1B17.9B
Cash And Short Term Investments9.5B17.7B14.8B8.9B9.9B5.3B
Net Receivables6.3B6.5B8.3B7.9B8.8B9.2B
Common Stock Shares Outstanding1.7B1.7B1.7B1.6B1.6B1.9B
Liabilities And Stockholders Equity236.5B252.5B244.9B243.5B252.4B132.1B
Non Current Liabilities Total77.2B72.3B65.6B67.0B69.4B34.8B
Inventory44.4B44.9B56.5B56.6B54.9B30.6B
Other Current Assets1.6B20.9B1.5B2.5B3.3B2.0B
Other Stockholder Equity3.2B3.6B4.8B5.0B5.1B5.3B
Total Liab154.9B165.0B153.0B159.5B161.8B169.9B
Total Current Assets61.8B90.1B81.1B75.9B76.9B41.7B
Short Term Debt8.2B5.3B5.2B6.6B5.7B5.4B
Intangible Assets5.2B4.9B4.8B4.3B4.1B3.9B
Accounts Payable47.0B49.1B55.3B54.0B56.8B28.9B
Accumulated Other Comprehensive Income(12.8B)(11.4B)(8.8B)(11.7B)(11.3B)(10.7B)
Common Stock284M282M276M269M268M254.6M
Common Stock Total Equity284M282M276M269M242.1M278.4M
Property Plant And Equipment Gross127.0B109.8B112.6B119.2B239.4B251.4B
Other Liab12.3B13.9B13.5B12.6B14.5B15.2B
Other Assets5.4B3.7B22.2B20.1B23.2B24.3B
Long Term Debt43.7B41.2B34.9B34.6B36.1B36.1B
Property Plant Equipment105.2B109.8B112.6B119.2B137.1B102.6B
Current Deferred Revenue2.0B2.3B2.6B2.5B307M291.7M
Good Will31.1B29.0B29.0B28.2B28.1B21.4B
Net Tangible Assets64.1B47.0B54.2B66.4B59.8B45.6B
Noncontrolling Interest In Consolidated Entity6.9B6.6B8.6B7.1B8.1B5.5B
Retained Earnings Total Equity83.9B88.8B86.9B83.1B95.6B88.2B
Long Term Debt Total43.7B45.0B39.1B39.5B35.5B34.1B
Capital Surpluse3.2B3.6B4.8B5.0B5.7B3.6B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Walmart is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Walmart Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Walmart Stock. Highlighted below are key reports to facilitate an investment decision about Walmart Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walmart. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Walmart Stock please use our How to Invest in Walmart guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Is Walmart's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Walmart. If investors know Walmart will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Walmart listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
0.76
Earnings Share
1.91
Revenue Per Share
80.243
Quarterly Revenue Growth
0.057
The market value of Walmart is measured differently than its book value, which is the value of Walmart that is recorded on the company's balance sheet. Investors also form their own opinion of Walmart's value that differs from its market value or its book value, called intrinsic value, which is Walmart's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Walmart's market value can be influenced by many factors that don't directly affect Walmart's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Walmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if Walmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walmart's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.