Walmart Accumulated Depreciation vs Accounts Payable Analysis

WMT Stock  USD 60.16  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 Accumulated Depreciation and its Accounts Payable 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.

Accumulated Depreciation vs Accounts Payable

Accumulated Depreciation vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walmart Accumulated Depreciation account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Walmart's Accumulated Depreciation and Accounts Payable is -0.75. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Walmart, assuming nothing else is changed. The correlation between historical values of Walmart's Accumulated Depreciation 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 Accumulated Depreciation of Walmart 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 Accumulated Depreciation i.e., Walmart's Accumulated Depreciation and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.75
Relationship DirectionNegative 
Relationship StrengthWeak

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Walmart fixed asset that has been charged to Walmart expense since that asset was acquired and made available for Walmart use. The accumulated depreciation account is Walmart asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Walmart.

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.
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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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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.