Sysco Payables Turnover vs Income Quality Analysis

SYY Stock

USD 74.32 2.90 3.76%

Sysco financial indicator trend analysis is much more than just breaking down Sysco prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sysco is a good investment. Please check the relationship between Sysco Payables Turnover and its Income Quality accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

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

Payables Turnover vs Income Quality

Payables Turnover vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sysco Payables Turnover account and Income Quality. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Sysco's Payables Turnover and Income Quality is -0.41. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Income Quality in the same time period over historical financial statements of Sysco, assuming nothing else is changed. The correlation between historical values of Sysco's Payables Turnover and Income Quality 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 Sysco are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Payables Turnover i.e., Sysco's Payables Turnover and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Payables Turnover

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

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Sysco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sysco 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.Enterprise Value is likely to rise to about 45.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 5 B in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	68.6B	76.3B	87.8B	92.2B
Depreciation And Amortization	912.3M	888.7M	1.0B	1.1B

Total Revenue Depreciation And Amortization

Sysco 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	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	Accounts Payable	Intangible Assets	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.93	0.95	0.93	-0.16	0.96	0.89	0.94	0.26	0.96	0.67	0.26	0.9	-0.91	0.91	0.95	0.9	-0.88	0.98	0.95	0.11	0.91	0.57	0.73	0.77	0.73
Short Long Term Debt Total	0.93		0.85	0.83	-0.46	0.82	0.9	0.78	0.4	0.88	0.55	0.4	0.71	-0.89	0.96	0.83	0.87	-0.89	0.97	0.9	0.11	0.82	0.67	0.52	0.68	0.52
Other Current Liab	0.95	0.85		0.91	-0.22	0.93	0.92	0.89	0.02	0.97	0.58	0.02	0.94	-0.9	0.86	0.98	0.95	-0.82	0.94	0.84	-0.02	0.98	0.6	0.59	0.68	0.59
Total Current Liabilities	0.93	0.83	0.91		-0.09	0.87	0.8	0.83	0.24	0.87	0.66	0.24	0.86	-0.78	0.74	0.9	0.84	-0.74	0.89	0.9	0.36	0.87	0.51	0.62	0.67	0.62
Total Stockholder Equity	-0.16	-0.46	-0.22	-0.09		0.0	-0.51	0.06	0.01	-0.24	0.13	0.01	0.0	0.4	-0.5	-0.16	-0.43	0.4	-0.37	-0.05	0.31	-0.28	-0.65	0.4	-0.02	0.4
Property Plant And Equipment Net	0.96	0.82	0.93	0.87	0.0		0.85	0.98	0.09	0.96	0.71	0.09	0.95	-0.88	0.84	0.96	0.87	-0.84	0.91	0.88	-0.01	0.91	0.5	0.8	0.78	0.8
Net Debt	0.89	0.9	0.92	0.8	-0.51	0.85		0.81	-0.02	0.96	0.54	-0.02	0.84	-0.96	0.95	0.91	0.97	-0.92	0.95	0.74	-0.18	0.94	0.8	0.47	0.66	0.47
Retained Earnings	0.94	0.78	0.89	0.83	0.06	0.98	0.81		0.1	0.94	0.71	0.1	0.94	-0.86	0.8	0.92	0.82	-0.85	0.87	0.86	0.01	0.87	0.5	0.85	0.79	0.85
Cash	0.26	0.4	0.02	0.24	0.01	0.09	-0.02	0.1		0.01	0.14	1.0	-0.13	-0.04	0.21	-0.02	-0.05	-0.12	0.24	0.52	0.66	-0.11	-0.13	0.21	0.17	0.21
Non Current Assets Total	0.96	0.88	0.97	0.87	-0.24	0.96	0.96	0.94	0.01		0.65	0.01	0.94	-0.95	0.91	0.97	0.95	-0.91	0.96	0.83	-0.09	0.97	0.69	0.67	0.75	0.67
Non Currrent Assets Other	0.67	0.55	0.58	0.66	0.13	0.71	0.54	0.71	0.14	0.65		0.14	0.62	-0.67	0.51	0.66	0.59	-0.67	0.6	0.64	0.18	0.6	0.37	0.76	0.84	0.76
Cash And Short Term Investments	0.26	0.4	0.02	0.24	0.01	0.09	-0.02	0.1	1.0	0.01	0.14		-0.13	-0.04	0.21	-0.02	-0.05	-0.12	0.24	0.52	0.66	-0.11	-0.13	0.21	0.17	0.21
Net Receivables	0.9	0.71	0.94	0.86	0.0	0.95	0.84	0.94	-0.13	0.94	0.62	-0.13		-0.84	0.76	0.97	0.88	-0.78	0.85	0.77	-0.08	0.95	0.54	0.72	0.71	0.72
Common Stock Shares Outstanding	-0.91	-0.89	-0.9	-0.78	0.4	-0.88	-0.96	-0.86	-0.04	-0.95	-0.67	-0.04	-0.84		-0.94	-0.9	-0.94	0.94	-0.94	-0.77	0.16	-0.91	-0.79	-0.62	-0.82	-0.62
Non Current Liabilities Total	0.91	0.96	0.86	0.74	-0.5	0.84	0.95	0.8	0.21	0.91	0.51	0.21	0.76	-0.94		0.85	0.91	-0.93	0.96	0.81	-0.16	0.86	0.72	0.52	0.68	0.52
Inventory	0.95	0.83	0.98	0.9	-0.16	0.96	0.91	0.92	-0.02	0.97	0.66	-0.02	0.97	-0.9	0.85		0.95	-0.84	0.93	0.84	-0.06	0.98	0.57	0.66	0.72	0.66
Other Current Assets	0.9	0.87	0.95	0.84	-0.43	0.87	0.97	0.82	-0.05	0.95	0.59	-0.05	0.88	-0.94	0.91	0.95		-0.88	0.94	0.76	-0.15	0.97	0.69	0.48	0.66	0.48
Other Stockholder Equity	-0.88	-0.89	-0.82	-0.74	0.4	-0.84	-0.92	-0.85	-0.12	-0.91	-0.67	-0.12	-0.78	0.94	-0.93	-0.84	-0.88		-0.92	-0.76	0.13	-0.84	-0.8	-0.64	-0.8	-0.64
Total Liab	0.98	0.97	0.94	0.89	-0.37	0.91	0.95	0.87	0.24	0.96	0.6	0.24	0.85	-0.94	0.96	0.93	0.94	-0.92		0.9	0.03	0.92	0.68	0.59	0.72	0.59
Total Current Assets	0.95	0.9	0.84	0.9	-0.05	0.88	0.74	0.86	0.52	0.83	0.64	0.52	0.77	-0.77	0.81	0.84	0.76	-0.76	0.9		0.34	0.77	0.39	0.72	0.71	0.72
Short Term Debt	0.11	0.11	-0.02	0.36	0.31	-0.01	-0.18	0.01	0.66	-0.09	0.18	0.66	-0.08	0.16	-0.16	-0.06	-0.15	0.13	0.03	0.34		-0.13	-0.2	0.14	0.03	0.14
Accounts Payable	0.91	0.82	0.98	0.87	-0.28	0.91	0.94	0.87	-0.11	0.97	0.6	-0.11	0.95	-0.91	0.86	0.98	0.97	-0.84	0.92	0.77	-0.13		0.65	0.56	0.67	0.56
Intangible Assets	0.57	0.67	0.6	0.51	-0.65	0.5	0.8	0.5	-0.13	0.69	0.37	-0.13	0.54	-0.79	0.72	0.57	0.69	-0.8	0.68	0.39	-0.2	0.65		0.3	0.6	0.29
Common Stock Total Equity	0.73	0.52	0.59	0.62	0.4	0.8	0.47	0.85	0.21	0.67	0.76	0.21	0.72	-0.62	0.52	0.66	0.48	-0.64	0.59	0.72	0.14	0.56	0.3		0.85	1.0
Property Plant And Equipment Gross	0.77	0.68	0.68	0.67	-0.02	0.78	0.66	0.79	0.17	0.75	0.84	0.17	0.71	-0.82	0.68	0.72	0.66	-0.8	0.72	0.71	0.03	0.67	0.6	0.85		0.85
Common Stock	0.73	0.52	0.59	0.62	0.4	0.8	0.47	0.85	0.21	0.67	0.76	0.21	0.72	-0.62	0.52	0.66	0.48	-0.64	0.59	0.72	0.14	0.56	0.29	1.0	0.85

Click cells to compare fundamentals

Sysco Account Relationship Matchups

Sysco fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	22.6B	21.4B	22.1B	22.8B	26.2B	27.6B
Short Long Term Debt Total	15.1B	11.8B	11.4B	11.2B	12.8B	13.5B
Other Current Liab	1.6B	1.8B	1.9B	2.4B	2.7B	2.8B
Total Current Liabilities	6.7B	7.3B	8.8B	8.5B	9.8B	10.3B
Total Stockholder Equity	1.2B	1.6B	1.4B	2.0B	2.3B	2.5B
Property Plant And Equipment Net	5.1B	5.0B	5.2B	5.6B	6.5B	6.8B
Net Debt	9.0B	8.8B	10.5B	10.4B	12.0B	12.6B
Retained Earnings	10.6B	10.2B	10.5B	11.3B	13.0B	13.7B
Cash	6.1B	3.0B	867.1M	745.2M	857.0M	836.1M
Non Current Assets Total	10.3B	10.7B	11.6B	12.2B	14.0B	14.7B
Non Currrent Assets Other	384.4M	528.8M	485.9M	419.3M	482.2M	310.9M
Cash And Short Term Investments	6.1B	3.0B	867.1M	745.2M	857.0M	836.8M
Net Receivables	3.0B	3.8B	4.9B	5.1B	5.9B	6.2B
Common Stock Shares Outstanding	514.0M	513.6M	514.0M	509.7M	458.7M	507.7M
Liabilities And Stockholders Equity	22.6B	21.4B	22.1B	22.8B	26.2B	27.6B
Non Current Liabilities Total	14.7B	12.5B	11.9B	12.2B	14.1B	14.8B
Inventory	3.1B	3.7B	4.4B	4.5B	5.2B	5.4B
Other Current Assets	192.2M	241.0M	303.8M	284.6M	327.3M	343.6M
Other Stockholder Equity	(8.5B)	(8.2B)	(8.4B)	(8.8B)	(7.9B)	(7.5B)
Total Liab	21.4B	19.8B	20.7B	20.8B	23.9B	25.1B
Total Current Assets	12.3B	10.7B	10.5B	10.6B	12.2B	12.8B
Short Term Debt	1.7B	597.6M	686.3M	161.6M	185.8M	360.7M
Accounts Payable	3.4B	4.9B	5.8B	6.0B	6.9B	7.3B
Intangible Assets	780.2M	746.1M	952.7M	859.5M	988.5M	519.1M
Property Plant And Equipment Gross	5.1B	5.0B	5.2B	5.6B	6.5B	3.3B
Accumulated Other Comprehensive Income	(1.7B)	(1.1B)	(1.5B)	(1.3B)	(1.1B)	(1.2B)
Long Term Debt	12.8B	10.6B	10.1B	10.3B	11.9B	12.5B
Good Will	3.7B	3.9B	4.5B	4.6B	5.3B	5.6B
Treasury Stock	(9.3B)	(10.0B)	(9.8B)	(10.2B)	(9.2B)	(8.7B)
Property Plant Equipment	5.1B	5.0B	5.2B	5.6B	6.5B	3.8B
Current Deferred Revenue	56.8M	80.8M	194.1M	393.3M	354.0M	231.4M
Other Liab	1.2B	1.3B	1.3B	1.2B	1.4B	965.2M
Net Tangible Assets	(3.4B)	(3.1B)	(4.1B)	(3.5B)	(3.1B)	(3.0B)
Retained Earnings Total Equity	10.6B	10.2B	10.5B	11.3B	13.0B	10.3B
Long Term Debt Total	12.9B	10.6B	10.1B	10.3B	11.9B	7.0B
Capital Surpluse	1.5B	1.6B	1.8B	1.8B	2.1B	1.4B

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When determining whether Sysco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sysco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sysco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sysco Stock:

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Is Sysco Stock a good investment?

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What is Sysco's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.

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

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Sysco's price analysis, check to measure Sysco'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 Sysco is operating at the current time. Most of Sysco's value examination focuses on studying past and present price action to predict the probability of Sysco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sysco's price. Additionally, you may evaluate how the addition of Sysco to your portfolios can decrease your overall portfolio volatility.

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Is Sysco'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 Sysco. If investors know Sysco 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 Sysco 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

1.948

Dividend Share

1.99

Earnings Share

4.09

Revenue Per Share

153.209

Quarterly Revenue Growth

0.037

The market value of Sysco is measured differently than its book value, which is the value of Sysco that is recorded on the company's balance sheet. Investors also form their own opinion of Sysco's value that differs from its market value or its book value, called intrinsic value, which is Sysco'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 Sysco's market value can be influenced by many factors that don't directly affect Sysco'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 Sysco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sysco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sysco'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.

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Sysco Payables Turnover vs Income Quality Analysis

Payables Turnover vs Income Quality

Payables Turnover vs Income Quality Correlation Analysis

Correlation Coefficient

Payables Turnover

Income Quality

Sysco fundamental ratios Correlations

Sysco Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sysco fundamental ratios Accounts

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Complementary Tools for Sysco Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.98	Total Assets
Inventory	+ 0.98	Other Current Liab
Accounts Payable	+ 0.98	Other Current Liab
Retained Earnings	+ 0.98	Property Plant And Equipment Net

Common Stock Shares Outstanding	- 0.96	Net Debt
Common Stock Shares Outstanding	- 0.95	Non Current Assets Total
Total Liab	- 0.94	Common Stock Shares Outstanding
Other Current Assets	- 0.94	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.94	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.93	Non Current Liabilities Total