Aecom Other Current Assets vs Accounts Payable Analysis

ACM Stock  USD 107.20  5.31  4.72%   
Aecom Technology financial indicator trend analysis is way more than just evaluating Aecom Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Aecom Technology is a good investment. Please check the relationship between Aecom Technology Other Current Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aecom Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Aecom Stock, please use our How to Invest in Aecom Technology guide.

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Aecom Technology Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Aecom Technology's Other Current Assets and Accounts Payable is 0.28. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Aecom Technology, assuming nothing else is changed. The correlation between historical values of Aecom Technology's Other Current Assets and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Aecom Technology are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Assets i.e., Aecom Technology's Other Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accounts Payable

An accounting item on the balance sheet that represents Aecom Technology 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 Aecom Technology 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. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Aecom Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Aecom Technology 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Aecom Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Aecom Stock, please use our How to Invest in Aecom Technology guide.At this time, Aecom Technology's Tax Provision is very stable compared to the past year. As of the 15th of November 2024, Enterprise Value Over EBITDA is likely to grow to 22.60, while Discontinued Operations is likely to drop (70.9 M).
 2021 2022 2023 2024 (projected)
Gross Profit848.0M945.5M850.9M553.4M
Total Revenue13.1B14.4B16.5B10.4B

Aecom Technology fundamental ratios Correlations

0.930.830.450.450.941.00.910.910.50.910.820.480.880.550.620.830.90.95-0.160.890.960.940.630.030.26
0.930.780.40.40.860.890.870.840.410.870.730.360.760.620.50.820.790.88-0.190.840.930.90.57-0.080.14
0.830.780.120.120.770.820.690.950.330.960.620.230.650.350.410.660.650.93-0.520.990.810.960.67-0.230.13
0.450.40.121.00.630.450.70.39-0.270.370.750.910.720.20.810.580.660.430.170.240.540.28-0.190.840.73
0.450.40.121.00.630.450.70.39-0.270.370.750.910.720.20.810.580.660.430.170.240.540.28-0.190.840.73
0.940.860.770.630.630.930.970.920.230.90.930.660.960.50.80.880.940.94-0.130.840.950.870.390.280.39
1.00.890.820.450.450.930.90.910.520.90.820.50.890.520.630.810.90.95-0.140.880.940.930.630.060.29
0.910.870.690.70.70.970.90.860.150.850.960.670.970.470.810.860.960.9-0.110.780.960.820.320.310.41
0.910.840.950.390.390.920.910.860.230.990.820.470.840.390.650.790.820.99-0.420.980.910.960.560.030.28
0.50.410.33-0.27-0.270.230.520.150.230.250.02-0.210.130.39-0.130.230.230.30.10.320.30.410.77-0.43-0.3
0.910.870.960.370.370.90.90.850.990.250.780.450.810.410.620.810.790.98-0.450.980.920.970.58-0.010.25
0.820.730.620.750.750.930.820.960.820.020.780.770.970.350.90.770.910.84-0.060.70.860.720.190.450.49
0.480.360.230.910.910.660.50.670.47-0.210.450.770.740.180.880.680.660.490.120.320.520.34-0.130.830.64
0.880.760.650.720.720.960.890.970.840.130.810.970.740.430.850.820.980.88-0.030.750.920.780.250.390.48
0.550.620.350.20.20.50.520.470.390.390.410.350.180.430.160.530.470.470.50.380.510.520.08-0.13-0.02
0.620.50.410.810.810.80.630.810.65-0.130.620.90.880.850.160.710.750.64-0.060.480.630.480.030.720.46
0.830.820.660.580.580.880.810.860.790.230.810.770.680.820.530.710.810.81-0.130.720.840.760.350.260.21
0.90.790.650.660.660.940.90.960.820.230.790.910.660.980.470.750.810.87-0.010.750.950.80.30.280.42
0.950.880.930.430.430.940.950.90.990.30.980.840.490.880.470.640.810.87-0.310.970.950.980.550.030.33
-0.16-0.19-0.520.170.17-0.13-0.14-0.11-0.420.1-0.45-0.060.12-0.030.5-0.06-0.13-0.01-0.31-0.48-0.2-0.33-0.510.230.03
0.890.840.990.240.240.840.880.780.980.320.980.70.320.750.380.480.720.750.97-0.480.890.980.65-0.150.22
0.960.930.810.540.540.950.940.960.910.30.920.860.520.920.510.630.840.950.95-0.20.890.930.480.070.35
0.940.90.960.280.280.870.930.820.960.410.970.720.340.780.520.480.760.80.98-0.330.980.930.65-0.150.21
0.630.570.67-0.19-0.190.390.630.320.560.770.580.19-0.130.250.080.030.350.30.55-0.510.650.480.65-0.42-0.1
0.03-0.08-0.230.840.840.280.060.310.03-0.43-0.010.450.830.39-0.130.720.260.280.030.23-0.150.07-0.15-0.420.61
0.260.140.130.730.730.390.290.410.28-0.30.250.490.640.48-0.020.460.210.420.330.030.220.350.21-0.10.61
Click cells to compare fundamentals

Aecom Technology Account Relationship Matchups

Aecom Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.1B11.9B11.3B11.2B12.9B9.0B
Total Stockholder Equity3.3B2.7B2.5B2.2B2.5B2.3B
Net Debt1.1B1.7B1.6B1.5B1.7B1.2B
Cash1.7B1.2B1.2B1.3B1.4B1.5B
Cash And Short Term Investments1.7B1.2B1.2B1.3B1.4B1.5B
Common Stock Shares Outstanding159.0M149.7M142.7M140.1M161.1M124.8M
Liabilities And Stockholders Equity13.1B11.9B11.3B11.2B12.9B9.0B
Total Liab9.7B9.0B8.7B8.8B10.2B6.6B
Total Current Assets7.5B6.2B5.8B6.2B7.1B4.3B
Short Long Term Debt Total2.8B2.9B2.8B2.8B3.2B2.1B
Other Assets121.0M117.1M128.7M(520.6M)(598.7M)(568.7M)
Non Current Liabilities Total3.5B3.4B3.1B3.0B3.4B2.6B
Other Stockholder Equity4.0B4.1B4.2B4.2B4.9B2.6B
Other Current Liab2.7B3.2B2.1B2.2B2.5B2.6B
Total Current Liabilities6.1B5.5B5.4B5.9B6.7B3.9B
Other Liab708.5M545.9M377.8M337.2M387.8M506.6M
Property Plant And Equipment Net1.0B1.0B968.0M829.7M954.1M531.3M
Current Deferred Revenue2.1B2.3B1.1B1.2B1.4B1.2B
Accounts Payable2.4B2.0B2.0B2.2B2.5B1.5B
Non Current Assets Total5.5B5.6B5.3B5.6B6.4B4.5B
Non Currrent Assets Other287.0M307.9M293.0M739.2M665.3M698.6M
Long Term Debt2.0B2.2B2.2B2.2B2.5B1.9B
Net Receivables4.5B4.0B3.7B4.1B4.7B3.5B
Good Will3.5B3.5B3.4B3.4B3.9B3.2B
Other Current Assets1.3B955.8M927.5M825.4M949.2M996.6M
Property Plant And Equipment Gross1.0B398.9M428.2M1.6B1.8B1.9B
Accumulated Other Comprehensive Income(918.7M)(900.4M)(979.7M)(926.6M)(833.9M)(792.2M)
Short Term Debt20.9M216.1M194.2M229.3M263.6M276.8M
Intangible Assets76.9M54.9M35.6M17.8M20.4M19.4M
Property Plant Equipment381.7M398.9M968.0M829.7M954.1M1.0B
Retained Earnings174.2M(504.1M)(701.7M)(1.1B)(993.6M)(943.9M)
Inventory1.4B878.5M838.4M(17.2M)(19.8M)(18.8M)
Noncontrolling Interest In Consolidated Entity208.8M121.0M117.1M128.7M148.0M133.9M
Retained Earnings Total Equity599.5M174.2M(504.1M)(701.7M)(631.5M)(599.9M)
Net Tangible Assets3.3B2.7B(1.0B)(1.2B)(1.4B)(1.5B)
Long Term Debt Total3.3B2.0B2.2B2.2B2.5B2.8B

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When determining whether Aecom Technology is a strong investment it is important to analyze Aecom Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aecom Technology's future performance. For an informed investment choice regarding Aecom Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aecom Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Aecom Stock, please use our How to Invest in Aecom Technology guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Construction & Engineering space 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 Aecom Technology. If investors know Aecom 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 Aecom Technology 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
(0.99)
Dividend Share
0.84
Earnings Share
2.58
Revenue Per Share
116.019
Quarterly Revenue Growth
0.133
The market value of Aecom Technology is measured differently than its book value, which is the value of Aecom that is recorded on the company's balance sheet. Investors also form their own opinion of Aecom Technology's value that differs from its market value or its book value, called intrinsic value, which is Aecom Technology'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 Aecom Technology's market value can be influenced by many factors that don't directly affect Aecom Technology'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 Aecom Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aecom Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aecom Technology'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.