Bajaj Inventory vs Accounts Payable Analysis

BAJAJHCARE   629.30  13.05  2.12%   
Bajaj Healthcare financial indicator trend analysis is way more than just evaluating Bajaj Healthcare prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bajaj Healthcare is a good investment. Please check the relationship between Bajaj Healthcare Inventory and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bajaj Healthcare Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

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 Bajaj Healthcare Inventory account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bajaj Healthcare's Inventory and Accounts Payable is 0.94. 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 Bajaj Healthcare Limited, assuming nothing else is changed. The correlation between historical values of Bajaj Healthcare's 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 Bajaj Healthcare Limited 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., Bajaj Healthcare's Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Accounts Payable

An accounting item on the balance sheet that represents Bajaj Healthcare 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 Bajaj Healthcare 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 Bajaj Healthcare's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bajaj Healthcare 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 Bajaj Healthcare Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
The current year's Selling General Administrative is expected to grow to about 104 M, whereas Tax Provision is projected to grow to (20.1 M).
 2022 2023 2024 2025 (projected)
Interest Expense228.7M296.8M341.3M358.4M
Depreciation And Amortization273.6M276.2M317.6M333.5M

Bajaj Healthcare fundamental ratios Correlations

0.990.490.980.980.880.050.980.980.960.450.89-0.40.50.980.690.770.980.83-0.920.990.990.960.81-0.670.5
0.990.510.990.940.84-0.051.00.960.920.430.85-0.460.490.970.690.730.980.87-0.91.00.990.990.73-0.70.44
0.490.510.630.360.1-0.580.530.380.51-0.350.150.4-0.340.540.74-0.110.390.31-0.250.560.570.60.22-0.93-0.12
0.980.990.630.910.77-0.110.990.930.930.320.79-0.330.380.980.750.620.950.84-0.840.990.990.990.71-0.790.39
0.980.940.360.910.930.20.930.990.950.540.93-0.410.580.950.610.840.960.78-0.930.940.950.890.87-0.540.58
0.880.840.10.770.930.330.830.920.830.611.0-0.540.650.830.430.930.890.7-0.920.820.830.760.89-0.340.65
0.05-0.05-0.58-0.110.20.33-0.070.10.060.490.29-0.40.480.06-0.240.320.050.08-0.04-0.06-0.03-0.130.380.520.41
0.981.00.530.990.930.83-0.070.950.920.390.84-0.440.460.970.70.710.980.87-0.891.00.990.990.72-0.710.44
0.980.960.380.930.990.920.10.950.960.510.92-0.420.550.960.610.850.980.79-0.960.960.960.910.83-0.570.59
0.960.920.510.930.950.830.060.920.960.370.84-0.230.40.970.670.710.940.73-0.880.940.960.90.82-0.650.56
0.450.43-0.350.320.540.610.490.390.510.370.58-0.680.990.370.070.720.480.48-0.510.380.390.340.490.130.18
0.890.850.150.790.931.00.290.840.920.840.58-0.520.620.840.470.910.90.72-0.920.840.840.780.91-0.390.62
-0.4-0.460.4-0.33-0.41-0.54-0.4-0.44-0.42-0.23-0.68-0.52-0.77-0.340.05-0.61-0.5-0.660.47-0.38-0.36-0.4-0.28-0.17-0.32
0.50.49-0.340.380.580.650.480.460.550.40.990.62-0.770.420.090.750.540.56-0.560.440.440.410.510.10.21
0.980.970.540.980.950.830.060.970.960.970.370.84-0.340.420.70.680.960.81-0.870.980.990.960.78-0.690.53
0.690.690.740.750.610.43-0.240.70.610.670.070.470.050.090.70.260.60.54-0.450.720.720.730.51-0.740.04
0.770.73-0.110.620.840.930.320.710.850.710.720.91-0.610.750.680.260.810.62-0.90.70.690.620.78-0.130.61
0.980.980.390.950.960.890.050.980.980.940.480.9-0.50.540.960.60.810.84-0.950.970.970.950.76-0.580.59
0.830.870.310.840.780.70.080.870.790.730.480.72-0.660.560.810.540.620.84-0.70.850.840.870.64-0.530.25
-0.92-0.9-0.25-0.84-0.93-0.92-0.04-0.89-0.96-0.88-0.51-0.920.47-0.56-0.87-0.45-0.9-0.95-0.7-0.89-0.89-0.84-0.750.47-0.66
0.991.00.560.990.940.82-0.061.00.960.940.380.84-0.380.440.980.720.70.970.85-0.891.00.990.75-0.730.44
0.990.990.570.990.950.83-0.030.990.960.960.390.84-0.360.440.990.720.690.970.84-0.891.00.980.77-0.730.45
0.960.990.60.990.890.76-0.130.990.910.90.340.78-0.40.410.960.730.620.950.87-0.840.990.980.67-0.770.36
0.810.730.220.710.870.890.380.720.830.820.490.91-0.280.510.780.510.780.760.64-0.750.750.770.67-0.420.46
-0.67-0.7-0.93-0.79-0.54-0.340.52-0.71-0.57-0.650.13-0.39-0.170.1-0.69-0.74-0.13-0.58-0.530.47-0.73-0.73-0.77-0.420.07
0.50.44-0.120.390.580.650.410.440.590.560.180.62-0.320.210.530.040.610.590.25-0.660.440.450.360.460.07
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Bajaj Healthcare Account Relationship Matchups

Bajaj Healthcare fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets5.3B7.2B9.0B7.7B8.8B9.2B
Short Long Term Debt Total1.8B2.6B4.2B3.3B3.8B4.0B
Other Current Liab14.9M168.5M(119.0M)583.8M671.3M704.9M
Total Current Liabilities1.8B3.2B4.4B4.4B5.1B5.3B
Total Stockholder Equity2.6B3.3B3.7B2.8B3.2B3.4B
Property Plant And Equipment Net2.7B3.2B3.9B2.6B3.0B1.7B
Current Deferred Revenue109.5M255.6M282.9M3.1M3.6M3.4M
Net Debt1.7B2.5B4.0B3.3B3.8B4.0B
Retained Earnings2.5B3.2B3.5B2.7B3.1B3.2B
Accounts Payable689.5M1.0B847.5M894.3M1.0B1.1B
Cash142.4M19.8M177.2M21.7M25.0M47.6M
Non Current Assets Total2.7B3.2B3.9B2.9B3.3B1.7B
Non Currrent Assets Other21.2M10.7M(3.9B)38.4M34.6M36.3M
Cash And Short Term Investments142.4M19.8M223.2M29.3M33.7M51.8M
Net Receivables988.8M1.8B1.9B1.8B2.1B2.2B
Liabilities And Stockholders Equity5.3B7.2B9.0B7.7B8.8B9.2B
Non Current Liabilities Total846.5M705.4M977.1M452.9M520.8M403.2M
Inventory971.1M1.6B2.1B1.4B1.7B1.7B
Other Current Assets481.0M525.6M2.8B1.5B1.8B1.8B
Other Stockholder Equity(2.6B)(3.3B)(3.7B)(2.7B)(2.4B)(2.3B)
Total Liab2.7B3.9B5.3B4.9B5.6B5.9B
Total Current Assets2.6B4.0B5.1B4.8B5.5B5.8B
Short Term Debt1.0B1.8B3.2B2.9B3.4B3.5B
Accumulated Other Comprehensive Income(4.3M)(3.6M)(446K)(28.2M)(25.4M)(24.1M)
Short Term Investments6.6M110.2M46M7.5M8.7M8.2M
Other Liab38.2M49.3M42.3M33.0M37.9M39.0M
Net Tangible Assets1.8B2.6B3.3B3.7B4.2B2.5B
Property Plant Equipment1.7B2.7B3.2B3.9B4.4B2.6B
Long Term Debt797.1M663.1M936.6M650.3M747.9M633.8M
Net Invested Capital4.4B5.9B7.8B6.1B7.0B5.3B
Short Long Term Debt1.0B1.9B3.2B2.7B3.1B1.9B
Net Working Capital757.6M762.4M736.8M650.3M747.8M632.2M
Property Plant And Equipment Gross3.9B4.5B3.9B2.6B3.0B3.8B

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Other Information on Investing in Bajaj Stock

Balance Sheet is a snapshot of the financial position of Bajaj Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Bajaj Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bajaj Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Bajaj currently owns. An asset can also be divided into two categories, current and non-current.