Elbit Accounts Payable vs Inventory Analysis

ESLT Stock

USD 244.18 0.37 0.15%

Elbit Systems financial indicator trend analysis is much more than just examining Elbit Systems latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Elbit Systems is a good investment. Please check the relationship between Elbit Systems Accounts Payable and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Elbit Systems Accounts Payable account and Inventory. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Elbit Systems' Accounts Payable and Inventory is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Elbit Systems, assuming nothing else is changed. The correlation between historical values of Elbit Systems' Accounts Payable and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Elbit Systems are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Elbit Systems' Accounts Payable and Inventory go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Elbit Systems 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 Elbit Systems 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.

Inventory

Most indicators from Elbit Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Elbit Systems 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elbit Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy Elbit Stock please use our How to Invest in Elbit Systems guide.At this time, Elbit Systems' Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 11.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 189.3 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	1.4B	1.5B	1.6B
Total Revenue	5.3B	5.5B	6.0B	6.3B

Gross Profit Total Revenue

Elbit Systems fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Other Assets	Long Term Debt
Total Assets		0.96	0.85	0.99	0.98	0.98	0.95	0.98	0.98	0.46	0.99	0.54	0.25	0.99	0.64	0.78	0.96	0.87	0.88	1.0	1.0	0.79	0.69	0.81	0.85	0.46
Short Long Term Debt Total	0.96		0.85	0.95	0.91	0.98	0.99	0.89	0.92	0.44	0.97	0.44	0.26	0.92	0.6	0.81	0.92	0.87	0.88	0.97	0.95	0.76	0.65	0.79	0.74	0.55
Other Current Liab	0.85	0.85		0.87	0.83	0.85	0.85	0.81	0.84	0.26	0.82	0.32	0.12	0.82	0.43	0.55	0.89	0.71	0.63	0.85	0.87	0.76	0.49	0.58	0.65	0.36
Total Current Liabilities	0.99	0.95	0.87		0.98	0.98	0.94	0.97	0.99	0.37	0.97	0.49	0.16	0.98	0.57	0.71	0.98	0.85	0.83	0.99	1.0	0.84	0.63	0.76	0.85	0.37
Total Stockholder Equity	0.98	0.91	0.83	0.98		0.95	0.9	1.0	0.98	0.44	0.96	0.55	0.24	0.98	0.64	0.71	0.96	0.84	0.85	0.97	0.99	0.82	0.7	0.76	0.86	0.35
Property Plant And Equipment Net	0.98	0.98	0.85	0.98	0.95		0.98	0.94	0.96	0.38	0.97	0.41	0.17	0.96	0.55	0.75	0.96	0.87	0.87	0.98	0.98	0.83	0.61	0.76	0.77	0.41
Net Debt	0.95	0.99	0.85	0.94	0.9	0.98		0.87	0.92	0.32	0.95	0.4	0.15	0.91	0.52	0.77	0.92	0.87	0.84	0.96	0.94	0.78	0.57	0.75	0.72	0.51
Retained Earnings	0.98	0.89	0.81	0.97	1.0	0.94	0.87		0.98	0.45	0.96	0.58	0.25	0.99	0.64	0.71	0.94	0.83	0.84	0.96	0.98	0.8	0.7	0.78	0.88	0.34
Accounts Payable	0.98	0.92	0.84	0.99	0.98	0.96	0.92	0.98		0.34	0.96	0.51	0.1	0.99	0.54	0.69	0.94	0.81	0.83	0.97	0.98	0.86	0.6	0.77	0.87	0.28
Cash	0.46	0.44	0.26	0.37	0.44	0.38	0.32	0.45	0.34		0.49	0.49	0.9	0.43	0.82	0.66	0.32	0.35	0.62	0.46	0.43	0.14	0.81	0.66	0.4	0.52
Non Current Assets Total	0.99	0.97	0.82	0.97	0.96	0.97	0.95	0.96	0.96	0.49		0.58	0.28	0.98	0.66	0.83	0.93	0.87	0.89	1.0	0.98	0.76	0.71	0.85	0.86	0.51
Non Currrent Assets Other	0.54	0.44	0.32	0.49	0.55	0.41	0.4	0.58	0.51	0.49	0.58		0.44	0.56	0.63	0.64	0.43	0.37	0.53	0.54	0.51	0.28	0.64	0.72	0.78	0.43
Cash And Short Term Investments	0.25	0.26	0.12	0.16	0.24	0.17	0.15	0.25	0.1	0.9	0.28	0.44		0.19	0.79	0.46	0.16	0.19	0.39	0.25	0.23	-0.02	0.77	0.42	0.2	0.53
Net Receivables	0.99	0.92	0.82	0.98	0.98	0.96	0.91	0.99	0.99	0.43	0.98	0.56	0.19		0.58	0.76	0.93	0.84	0.87	0.98	0.98	0.79	0.64	0.82	0.87	0.36
Common Stock Shares Outstanding	0.64	0.6	0.43	0.57	0.64	0.55	0.52	0.64	0.54	0.82	0.66	0.63	0.79	0.58		0.66	0.56	0.51	0.7	0.63	0.61	0.38	0.99	0.67	0.63	0.56
Non Current Liabilities Total	0.78	0.81	0.55	0.71	0.71	0.75	0.77	0.71	0.69	0.66	0.83	0.64	0.46	0.76	0.66		0.62	0.76	0.91	0.81	0.74	0.36	0.67	0.96	0.64	0.75
Inventory	0.96	0.92	0.89	0.98	0.96	0.96	0.92	0.94	0.94	0.32	0.93	0.43	0.16	0.93	0.56	0.62		0.85	0.77	0.95	0.98	0.84	0.62	0.65	0.78	0.36
Other Current Assets	0.87	0.87	0.71	0.85	0.84	0.87	0.87	0.83	0.81	0.35	0.87	0.37	0.19	0.84	0.51	0.76	0.85		0.82	0.88	0.87	0.52	0.55	0.69	0.59	0.61
Other Stockholder Equity	0.88	0.88	0.63	0.83	0.85	0.87	0.84	0.84	0.83	0.62	0.89	0.53	0.39	0.87	0.7	0.91	0.77	0.82		0.88	0.85	0.59	0.72	0.92	0.68	0.52
Total Liab	1.0	0.97	0.85	0.99	0.97	0.98	0.96	0.96	0.97	0.46	1.0	0.54	0.25	0.98	0.63	0.81	0.95	0.88	0.88		0.99	0.78	0.68	0.83	0.84	0.5
Total Current Assets	1.0	0.95	0.87	1.0	0.99	0.98	0.94	0.98	0.98	0.43	0.98	0.51	0.23	0.98	0.61	0.74	0.98	0.87	0.85	0.99		0.81	0.67	0.77	0.83	0.41
Short Term Debt	0.79	0.76	0.76	0.84	0.82	0.83	0.78	0.8	0.86	0.14	0.76	0.28	-0.02	0.79	0.38	0.36	0.84	0.52	0.59	0.78	0.81		0.44	0.49	0.73	-0.07
Common Stock	0.69	0.65	0.49	0.63	0.7	0.61	0.57	0.7	0.6	0.81	0.71	0.64	0.77	0.64	0.99	0.67	0.62	0.55	0.72	0.68	0.67	0.44		0.68	0.68	0.55
Other Liab	0.81	0.79	0.58	0.76	0.76	0.76	0.75	0.78	0.77	0.66	0.85	0.72	0.42	0.82	0.67	0.96	0.65	0.69	0.92	0.83	0.77	0.49	0.68		0.76	0.56
Other Assets	0.85	0.74	0.65	0.85	0.86	0.77	0.72	0.88	0.87	0.4	0.86	0.78	0.2	0.87	0.63	0.64	0.78	0.59	0.68	0.84	0.83	0.73	0.68	0.76		0.27
Long Term Debt	0.46	0.55	0.36	0.37	0.35	0.41	0.51	0.34	0.28	0.52	0.51	0.43	0.53	0.36	0.56	0.75	0.36	0.61	0.52	0.5	0.41	-0.07	0.55	0.56	0.27

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Elbit Systems Account Relationship Matchups

Elbit Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.3B	8.1B	9.3B	9.2B	9.7B	10.2B
Short Long Term Debt Total	1.2B	1.2B	1.5B	1.3B	1.5B	1.5B
Other Current Liab	1.1B	1.2B	2.8B	1.1B	2.8B	2.9B
Total Current Liabilities	3.2B	3.6B	4.0B	4.3B	4.8B	5.1B
Total Stockholder Equity	2.1B	2.2B	2.5B	2.8B	2.9B	3.1B
Property Plant And Equipment Net	1.1B	1.2B	1.3B	1.4B	1.5B	1.6B
Net Debt	1.0B	924.4M	1.2B	1.1B	1.3B	1.3B
Retained Earnings	1.9B	2.0B	2.2B	2.4B	2.5B	2.6B
Accounts Payable	926.3M	1.0B	1.0B	1.1B	1.3B	1.3B
Cash	221.1M	278.8M	259.0M	211.1M	197.4M	170.1M
Non Current Assets Total	3.7B	3.8B	4.3B	4.2B	4.2B	4.4B
Non Currrent Assets Other	546.3M	605.8M	617.3M	601.8M	652.2M	405.2M
Cash And Short Term Investments	223.3M	280.3M	260.2M	212.1M	207.9M	201.3M
Net Receivables	2.2B	2.5B	2.8B	2.7B	2.8B	3.0B
Common Stock Shares Outstanding	43.8M	44.2M	44.3M	44.6M	44.6M	43.3M
Liabilities And Stockholders Equity	7.3B	8.1B	9.3B	9.2B	9.7B	10.2B
Non Current Liabilities Total	2.0B	2.2B	2.7B	2.2B	2.0B	1.1B
Inventory	1.2B	1.3B	1.7B	1.9B	2.3B	2.4B
Other Current Assets	162.9M	131.5M	255.4M	298.7M	195.3M	205.0M
Other Stockholder Equity	411.6M	415.7M	421.0M	431.4M	439.9M	273.2M
Total Liab	5.2B	5.8B	6.8B	6.5B	6.8B	7.1B
Total Current Assets	3.7B	4.3B	5.0B	5.0B	5.5B	5.8B
Short Term Debt	470.8M	396.5M	183.1M	261.0M	719.3M	755.2M
Accumulated Other Comprehensive Income	(145.0M)	(211.2M)	(97.9M)	(71.6M)	(17.6M)	(18.5M)
Other Liab	1.2B	1.4B	1.5B	1.2B	1.3B	674.8M
Other Assets	692.4M	775.6M	682.5M	727.4M	836.5M	878.3M
Long Term Debt	440.1M	408.8M	884.9M	680.1M	384.1M	399.6M
Good Will	1.3B	1.3B	1.6B	1.5B	1.5B	1.6B
Intangible Assets	310.8M	290.8M	473.9M	435.1M	390.5M	237.3M
Property Plant Equipment	1.1B	1.2B	1.3B	1.4B	1.6B	1.6B
Current Deferred Revenue	723.6M	1.0B	1.5B	1.8B	1.6B	1.7B
Short Term Investments	2.2M	1.5M	1.2M	1.0M	10.5M	10.0M
Property Plant And Equipment Gross	1.1B	1.2B	1.3B	1.4B	3.0B	3.1B
Net Tangible Assets	505.5M	621.1M	512.0M	820.0M	943.0M	719.0M
Long Term Investments	212.1M	195.6M	316.1M	272.1M	152.5M	217.4M
Short Long Term Debt	408.3M	331.0M	106.4M	191.6M	651.9M	684.5M

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