Costco Long Term Debt vs Accounts Payable Analysis

COST Stock

USD 1,072 0.00 0.00%

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

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Costco Wholesale Corp Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Costco Wholesale's Long Term Debt and Accounts Payable is -0.56. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Costco Wholesale Corp, assuming nothing else is changed. The correlation between historical values of Costco Wholesale's Long Term Debt 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 Long Term Debt of Costco Wholesale Corp 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 Long Term Debt i.e., Costco Wholesale's Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.56

Relationship Direction	Negative
Relationship Strength	Very Weak

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Long Term Debt

Long-term debt is a debt that Costco Wholesale Corp has held for over one year. Long-term debt appears on Costco Wholesale Corp balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Costco Wholesale Corp balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Accounts Payable

An accounting item on the balance sheet that represents Costco Wholesale 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 Costco Wholesale Corp 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 Costco Wholesale's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Costco Wholesale Corp 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 Costco Wholesale Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Tax Provision is likely to drop to about 1.8 B in 2025. Selling General Administrative is likely to drop to about 19.2 B in 2025

	2022	2023	2024	2025 (projected)
Gross Profit	29.7B	32.1B	36.9B	38.8B
Total Revenue	242.3B	254.5B	292.6B	307.3B

Gross Profit Total Revenue

Costco Wholesale 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	Intangible Assets	Accounts Payable	Short Term Investments	Common Stock	Current Deferred Revenue
Total Assets		0.89	0.83	1.0	0.98	1.0	-0.52	0.97	0.92	1.0	0.89	0.93	0.97	0.65	0.94	0.99	-0.19	0.96	1.0	1.0	-0.24	0.61	1.0	0.26	0.1	0.54
Short Long Term Debt Total	0.89		0.61	0.87	0.82	0.89	-0.33	0.79	0.91	0.88	0.69	0.91	0.8	0.65	0.97	0.85	-0.35	0.89	0.91	0.89	-0.17	0.61	0.87	0.24	0.4	0.68
Other Current Liab	0.83	0.61		0.83	0.84	0.82	-0.46	0.85	0.7	0.82	0.74	0.71	0.84	0.47	0.71	0.85	0.17	0.75	0.81	0.83	0.1	0.43	0.84	0.27	-0.26	0.24
Total Current Liabilities	1.0	0.87	0.83		0.98	0.99	-0.5	0.97	0.9	1.0	0.9	0.91	0.98	0.62	0.92	0.99	-0.22	0.95	1.0	0.99	-0.27	0.58	1.0	0.23	0.1	0.52
Total Stockholder Equity	0.98	0.82	0.84	0.98		0.98	-0.6	0.99	0.9	0.98	0.87	0.92	0.96	0.66	0.88	0.97	-0.09	0.94	0.97	0.98	-0.2	0.62	0.97	0.32	0.0	0.48
Property Plant And Equipment Net	1.0	0.89	0.82	0.99	0.98		-0.48	0.96	0.91	1.0	0.89	0.92	0.97	0.67	0.94	0.99	-0.21	0.97	1.0	0.99	-0.26	0.63	0.99	0.27	0.13	0.53
Net Debt	-0.52	-0.33	-0.46	-0.5	-0.6	-0.48		-0.64	-0.69	-0.48	-0.39	-0.67	-0.41	-0.14	-0.38	-0.45	-0.21	-0.36	-0.48	-0.56	0.07	-0.09	-0.5	-0.01	0.1	-0.51
Retained Earnings	0.97	0.79	0.85	0.97	0.99	0.96	-0.64		0.9	0.97	0.88	0.91	0.95	0.57	0.85	0.96	-0.12	0.9	0.96	0.97	-0.23	0.53	0.96	0.25	-0.06	0.49
Cash	0.92	0.91	0.7	0.9	0.9	0.91	-0.69	0.9		0.9	0.73	1.0	0.81	0.55	0.92	0.86	-0.17	0.85	0.92	0.94	-0.16	0.51	0.9	0.19	0.23	0.73
Non Current Assets Total	1.0	0.88	0.82	1.0	0.98	1.0	-0.48	0.97	0.9		0.9	0.91	0.98	0.64	0.93	0.99	-0.21	0.96	1.0	0.99	-0.27	0.6	0.99	0.25	0.11	0.51
Non Currrent Assets Other	0.89	0.69	0.74	0.9	0.87	0.89	-0.39	0.88	0.73	0.9		0.72	0.92	0.39	0.78	0.9	-0.3	0.81	0.89	0.86	-0.36	0.35	0.9	0.02	0.01	0.29
Cash And Short Term Investments	0.93	0.91	0.71	0.91	0.92	0.92	-0.67	0.91	1.0	0.91	0.72		0.83	0.62	0.92	0.88	-0.14	0.88	0.93	0.95	-0.12	0.57	0.91	0.27	0.21	0.69
Net Receivables	0.97	0.8	0.84	0.98	0.96	0.97	-0.41	0.95	0.81	0.98	0.92	0.83		0.64	0.87	0.99	-0.19	0.95	0.97	0.96	-0.25	0.61	0.98	0.3	0.02	0.37
Common Stock Shares Outstanding	0.65	0.65	0.47	0.62	0.66	0.67	-0.14	0.57	0.55	0.64	0.39	0.62	0.64		0.63	0.64	0.12	0.81	0.63	0.65	0.1	0.97	0.62	0.8	0.16	0.24
Non Current Liabilities Total	0.94	0.97	0.71	0.92	0.88	0.94	-0.38	0.85	0.92	0.93	0.78	0.92	0.87	0.63		0.91	-0.28	0.91	0.95	0.94	-0.2	0.59	0.93	0.21	0.29	0.63
Inventory	0.99	0.85	0.85	0.99	0.97	0.99	-0.45	0.96	0.86	0.99	0.9	0.88	0.99	0.64	0.91		-0.19	0.95	0.99	0.98	-0.25	0.61	0.99	0.26	0.04	0.47
Other Current Assets	-0.19	-0.35	0.17	-0.22	-0.09	-0.21	-0.21	-0.12	-0.17	-0.21	-0.3	-0.14	-0.19	0.12	-0.28	-0.19		-0.16	-0.24	-0.17	0.67	0.14	-0.19	0.32	-0.3	-0.31
Other Stockholder Equity	0.96	0.89	0.75	0.95	0.94	0.97	-0.36	0.9	0.85	0.96	0.81	0.88	0.95	0.81	0.91	0.95	-0.16		0.95	0.95	-0.18	0.79	0.94	0.44	0.21	0.45
Total Liab	1.0	0.91	0.81	1.0	0.97	1.0	-0.48	0.96	0.92	1.0	0.89	0.93	0.97	0.63	0.95	0.99	-0.24	0.95		0.99	-0.25	0.59	1.0	0.23	0.15	0.56
Total Current Assets	1.0	0.89	0.83	0.99	0.98	0.99	-0.56	0.97	0.94	0.99	0.86	0.95	0.96	0.65	0.94	0.98	-0.17	0.95	0.99		-0.21	0.6	0.99	0.27	0.1	0.56
Short Term Debt	-0.24	-0.17	0.1	-0.27	-0.2	-0.26	0.07	-0.23	-0.16	-0.27	-0.36	-0.12	-0.25	0.1	-0.2	-0.25	0.67	-0.18	-0.25	-0.21		0.12	-0.26	0.39	-0.23	-0.28
Intangible Assets	0.61	0.61	0.43	0.58	0.62	0.63	-0.09	0.53	0.51	0.6	0.35	0.57	0.61	0.97	0.59	0.61	0.14	0.79	0.59	0.6	0.12		0.58	0.79	0.19	0.17
Accounts Payable	1.0	0.87	0.84	1.0	0.97	0.99	-0.5	0.96	0.9	0.99	0.9	0.91	0.98	0.62	0.93	0.99	-0.19	0.94	1.0	0.99	-0.26	0.58		0.22	0.1	0.51
Short Term Investments	0.26	0.24	0.27	0.23	0.32	0.27	-0.01	0.25	0.19	0.25	0.02	0.27	0.3	0.8	0.21	0.26	0.32	0.44	0.23	0.27	0.39	0.79	0.22		-0.17	-0.14
Common Stock	0.1	0.4	-0.26	0.1	0.0	0.13	0.1	-0.06	0.23	0.11	0.01	0.21	0.02	0.16	0.29	0.04	-0.3	0.21	0.15	0.1	-0.23	0.19	0.1	-0.17		0.45
Current Deferred Revenue	0.54	0.68	0.24	0.52	0.48	0.53	-0.51	0.49	0.73	0.51	0.29	0.69	0.37	0.24	0.63	0.47	-0.31	0.45	0.56	0.56	-0.28	0.17	0.51	-0.14	0.45

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Costco Wholesale Account Relationship Matchups

Costco Wholesale fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	59.3B	64.2B	69.0B	69.8B	80.3B	84.3B
Short Long Term Debt Total	10.1B	9.0B	8.9B	8.3B	9.5B	10.0B
Other Current Liab	12.4B	14.1B	15.0B	15.9B	18.3B	19.2B
Total Current Liabilities	29.4B	32.0B	33.6B	35.5B	40.8B	42.8B
Total Stockholder Equity	17.6B	20.6B	25.1B	23.6B	27.2B	28.5B
Property Plant And Equipment Net	27.4B	29.0B	30.7B	31.6B	36.4B	38.2B
Net Debt	(1.1B)	(1.2B)	(4.8B)	(1.6B)	(1.5B)	(1.4B)
Retained Earnings	11.7B	15.6B	19.5B	17.6B	20.3B	21.3B
Cash	11.3B	10.2B	13.7B	9.9B	11.4B	12.0B
Non Current Assets Total	29.8B	31.5B	33.1B	35.6B	40.9B	43.0B
Non Currrent Assets Other	1.4B	1.4B	1.4B	2.9B	3.4B	3.6B
Cash And Short Term Investments	12.2B	11.0B	15.2B	11.1B	12.8B	13.5B
Net Receivables	1.8B	2.2B	2.3B	2.7B	3.1B	3.3B
Common Stock Shares Outstanding	444.3M	444.8M	444.5M	444.8M	511.5M	443.4M
Liabilities And Stockholders Equity	59.3B	64.2B	69.0B	69.8B	80.3B	84.3B
Non Current Liabilities Total	11.7B	11.5B	10.4B	10.7B	12.4B	13.0B
Inventory	14.2B	17.9B	16.7B	18.6B	21.4B	22.5B
Other Current Assets	1.3B	1.5B	1.7B	1.7B	2.0B	1.3B
Other Stockholder Equity	7.0B	6.9B	7.3B	7.8B	9.0B	9.5B
Total Liab	41.2B	43.5B	43.9B	46.2B	53.1B	55.8B
Total Current Assets	29.5B	32.7B	35.9B	34.2B	39.4B	41.4B
Accumulated Other Comprehensive Income	(1.1B)	(1.8B)	(1.8B)	(1.8B)	(1.6B)	(1.6B)
Short Term Debt	799M	73M	1.1B	103M	118.5M	112.5M
Accounts Payable	16.3B	17.8B	17.5B	19.4B	22.3B	23.5B
Short Term Investments	917M	846M	1.5B	1.2B	1.4B	1.0B
Current Deferred Revenue	7.8B	8.5B	8.8B	2.5B	2.9B	2.5B
Good Will	988M	996M	993M	994M	1.1B	1.2B
Other Assets	978M	1.1B	4.1B	1.4B	1.6B	1.6B
Long Term Debt	6.7B	6.5B	5.4B	5.8B	5.2B	5.0B
Long Term Debt Total	8.2B	7.7B	6.5B	6.7B	7.7B	7.5B
Capital Surpluse	6.7B	7.0B	6.9B	7.3B	8.4B	7.3B
Cash And Equivalents	12.3B	11.3B	10.2B	13.7B	15.8B	10.4B
Property Plant Equipment	25.2B	27.4B	27.4B	30.7B	35.3B	26.6B
Other Liab	1.3B	1.4B	2.6B	1.2B	1.4B	1.6B
Net Tangible Assets	17.3B	16.6B	20.6B	24.1B	27.7B	19.5B
Net Invested Capital	25.1B	27.2B	31.5B	29.5B	33.9B	28.4B
Non Current Liabilities Other	2.4B	2.6B	2.6B	2.6B	3.0B	2.3B
Net Working Capital	64M	698M	2.3B	(1.2B)	(1.1B)	(1.0B)
Short Long Term Debt	799M	73M	1.1B	103M	92.7M	88.1M

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