Walmart Accounts Payable vs Good Will Analysis

WMT Stock  USD 79.92  1.48  1.82%   
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 Accounts Payable and its Good Will 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 closely tied 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.

Accounts Payable vs Good Will

Accounts Payable vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walmart Accounts Payable account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Walmart's Accounts Payable and Good Will is 0.79. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of Walmart, assuming nothing else is changed. The correlation between historical values of Walmart's Accounts Payable and Good Will 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 Walmart are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., Walmart's Accounts Payable and Good Will go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Walmart 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 Walmart 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.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
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 closely tied 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 Amortization10.7B10.9B11.9B12.4B

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
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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 Outstanding8.6B8.5B8.4B8.2B8.1B9.4B
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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Additional Tools for Walmart Stock Analysis

When running Walmart's price analysis, check to measure Walmart's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Walmart is operating at the current time. Most of Walmart's value examination focuses on studying past and present price action to predict the probability of Walmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walmart's price. Additionally, you may evaluate how the addition of Walmart to your portfolios can decrease your overall portfolio volatility.