General Inventory vs Accounts Payable Analysis

0R0E Stock   52.70  0.90  1.74%   
General Motors financial indicator trend analysis is much more than just examining General Motors latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether General Motors is a good investment. Please check the relationship between General Motors Inventory and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in General Motors Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy General Stock please use our How to Invest in General Motors guide.

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of General Motors Inventory account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between General Motors' Inventory and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of General Motors Co, assuming nothing else is changed. The correlation between historical values of General Motors' Inventory 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 Inventory of General Motors Co 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 Inventory i.e., General Motors' Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory

Accounts Payable

An accounting item on the balance sheet that represents General Motors 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 General Motors 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 General Motors' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into General Motors 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 General Motors Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy General Stock please use our How to Invest in General Motors guide.Tax Provision is likely to drop to about 1.6 B in 2024. Selling General Administrative is likely to drop to about 6.5 B in 2024
 2020 2021 2023 2024 (projected)
Interest Income366M1.5B1.3B1.7B
Tax Provision1.8B2.8B2.5B1.6B

General Motors fundamental ratios Correlations

0.960.860.940.950.92-0.670.960.950.710.910.230.970.86-0.640.00.930.96-0.950.86-0.79-0.85-0.80.930.7
0.960.820.90.90.88-0.731.00.970.740.920.390.940.86-0.710.120.910.94-0.880.87-0.7-0.84-0.830.910.74
0.860.820.750.80.77-0.80.820.750.830.870.120.890.83-0.460.170.870.92-0.760.71-0.6-0.87-0.830.810.88
0.940.90.750.990.84-0.50.90.90.730.780.30.870.9-0.550.010.760.94-0.890.75-0.72-0.72-0.760.980.66
0.950.90.80.990.86-0.550.90.910.760.780.290.880.9-0.54-0.020.780.96-0.910.72-0.75-0.76-0.770.980.68
0.920.880.770.840.86-0.520.880.90.480.74-0.040.820.64-0.78-0.230.890.84-0.920.69-0.95-0.7-0.620.780.49
-0.67-0.73-0.8-0.5-0.55-0.52-0.73-0.64-0.73-0.84-0.35-0.77-0.690.48-0.49-0.77-0.710.61-0.730.320.940.89-0.63-0.81
0.961.00.820.90.90.88-0.730.970.740.920.390.940.86-0.710.120.910.94-0.880.87-0.7-0.84-0.830.910.74
0.950.970.750.90.910.9-0.640.970.680.850.410.890.79-0.69-0.070.870.91-0.890.78-0.76-0.77-0.720.890.62
0.710.740.830.730.760.48-0.730.740.680.750.550.760.93-0.20.390.60.87-0.560.58-0.24-0.75-0.830.840.95
0.910.920.870.780.780.74-0.840.920.850.750.390.980.83-0.50.230.940.87-0.810.94-0.54-0.91-0.850.820.78
0.230.390.120.30.29-0.04-0.350.390.410.550.390.330.460.050.320.130.32-0.120.340.25-0.28-0.350.390.39
0.970.940.890.870.880.82-0.770.940.890.760.980.330.87-0.530.140.950.93-0.890.93-0.64-0.9-0.850.90.77
0.860.860.830.90.90.64-0.690.860.790.930.830.460.87-0.390.360.70.94-0.740.75-0.43-0.8-0.90.970.89
-0.64-0.71-0.46-0.55-0.54-0.780.48-0.71-0.69-0.2-0.50.05-0.53-0.39-0.08-0.65-0.540.62-0.550.710.510.52-0.5-0.33
0.00.120.170.01-0.02-0.23-0.490.12-0.070.390.230.320.140.36-0.08-0.010.10.140.280.45-0.3-0.540.160.54
0.930.910.870.760.780.89-0.770.910.870.60.940.130.950.7-0.65-0.010.85-0.880.87-0.76-0.87-0.750.760.65
0.960.940.920.940.960.84-0.710.940.910.870.870.320.930.94-0.540.10.85-0.870.75-0.68-0.85-0.850.970.83
-0.95-0.88-0.76-0.89-0.91-0.920.61-0.88-0.89-0.56-0.81-0.12-0.89-0.740.620.14-0.88-0.87-0.790.870.830.73-0.87-0.51
0.860.870.710.750.720.69-0.730.870.780.580.940.340.930.75-0.550.280.870.75-0.79-0.51-0.83-0.810.770.63
-0.79-0.7-0.6-0.72-0.75-0.950.32-0.7-0.76-0.24-0.540.25-0.64-0.430.710.45-0.76-0.680.87-0.510.550.41-0.62-0.23
-0.85-0.84-0.87-0.72-0.76-0.70.94-0.84-0.77-0.75-0.91-0.28-0.9-0.80.51-0.3-0.87-0.850.83-0.830.550.93-0.8-0.79
-0.8-0.83-0.83-0.76-0.77-0.620.89-0.83-0.72-0.83-0.85-0.35-0.85-0.90.52-0.54-0.75-0.850.73-0.810.410.93-0.86-0.88
0.930.910.810.980.980.78-0.630.910.890.840.820.390.90.97-0.50.160.760.97-0.870.77-0.62-0.8-0.860.77
0.70.740.880.660.680.49-0.810.740.620.950.780.390.770.89-0.330.540.650.83-0.510.63-0.23-0.79-0.880.77
Click cells to compare fundamentals

General Motors Account Relationship Matchups

General Motors fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets227.3B228.0B235.2B244.7B281.4B252.5B
Short Long Term Debt Total73.1B65.9B73.0B75.7B87.0B78.1B
Total Current Liabilities84.9B79.9B74.4B91.2B104.8B89.7B
Total Stockholder Equity38.9B41.8B45.0B59.7B68.7B48.5B
Retained Earnings26.9B32.0B41.9B49.3B56.6B34.8B
Cash20.8B19.1B20.0B20.1B23.1B21.0B
Other Assets30.1B29.0B30.2B26.2B23.6B22.9B
Long Term Debt73.1B65.9B73.0B75.7B87.0B78.1B
Cash And Short Term Investments26.8B23.2B29.0B28.7B33.0B29.0B
Net Receivables6.8B8.0B7.4B13.3B15.3B9.2B
Good Will1.9B1.9B1.9B1.9B2.2B2.1B
Short Term Investments6.0B4.2B9.0B8.6B9.9B7.9B
Capital Surpluse25.6B26.1B26.5B27.1B31.1B28.7B
Inventory10.4B10.2B13.0B15.4B17.7B12.7B
Other Current Assets5.8B5.2B4.1B4.7B4.2B3.8B
Other Stockholder Equity(11.2B)(13.5B)(9.3B)(7.9B)(7.1B)(7.5B)
Total Liab188.5B186.2B190.2B185.0B212.7B204.0B
Total Current Assets75.0B80.9B82.1B100.5B115.5B88.5B
Intangible Assets3.7B3.5B3.3B3.2B2.9B2.8B
Property Plant Equipment39.9B38.6B42.2B46.3B41.7B38.0B
Other Current Liab6.2B6.2B6.2B5.5B5.0B4.9B
Other Liab30.2B31.7B27.8B23.7B21.3B22.8B
Net Tangible Assets36.5B39.8B54.7B62.8B72.3B49.9B
Accounts Payable21.0B19.9B20.4B27.5B31.6B24.4B

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