Corpay Common Stock vs Accounts Payable Analysis

CPAY Stock   357.42  9.79  2.82%   
Corpay financial indicator trend analysis is way more than just evaluating Corpay Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Corpay Inc is a good investment. Please check the relationship between Corpay Common Stock and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corpay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Common Stock vs Accounts Payable

JavaScript chart by amCharts 3.21.1520162018202020222024120K122K124K126K128K130K132K134K136K138K140K142K144K146K 700M800M900M1B1.1B1.2B1.3B1.4B1.5B1.6B1.7B1.8B
JavaScript chart by amCharts 3.21.15Common Stocktotal: 1.5MAccounts Payabletotal: 15.1B

Common Stock vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Corpay Inc Common Stock account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
Common StockAccounts PayableDiversified AwayCommon StockAccounts PayableDiversified Away100%
The correlation between Corpay's Common Stock and Accounts Payable is 0.8. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Corpay Inc, assuming nothing else is changed. The correlation between historical values of Corpay's Common Stock 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 Common Stock of Corpay Inc 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 Common Stock i.e., Corpay's Common Stock and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock

Accounts Payable

An accounting item on the balance sheet that represents Corpay 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 Corpay Inc 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 Corpay's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Corpay Inc 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 Corpay Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Corpay's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 19.54 in 2025, whereas Selling General Administrative is likely to drop slightly above 415.6 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit2.7B2.9B3.4B1.9B
Total Revenue3.4B3.8B4.3B2.5B

Corpay fundamental ratios Correlations

0.990.750.960.850.850.980.870.970.910.960.640.910.940.99-0.450.990.770.48-0.660.990.960.880.770.83-0.32
0.990.710.970.780.840.990.870.970.910.940.710.920.940.96-0.490.990.780.4-0.661.00.970.910.730.81-0.31
0.750.710.760.630.920.70.890.710.660.690.410.670.680.72-0.690.710.890.89-0.870.750.760.610.480.87-0.72
0.960.970.760.710.870.970.890.960.890.870.710.90.960.91-0.60.940.820.48-0.760.990.990.930.60.86-0.33
0.850.780.630.710.670.760.640.810.770.940.260.780.730.92-0.060.820.490.44-0.350.770.690.650.930.63-0.28
0.850.840.920.870.670.830.970.840.790.770.570.790.860.81-0.740.810.950.65-0.90.860.870.80.530.9-0.7
0.980.990.70.970.760.830.860.950.850.930.70.860.940.95-0.520.980.780.4-0.680.990.950.890.720.82-0.31
0.870.870.890.890.640.970.860.840.80.780.730.810.850.82-0.750.860.970.64-0.880.890.90.790.510.9-0.64
0.970.970.710.960.810.840.950.840.90.930.650.910.940.95-0.440.950.740.41-0.640.970.940.880.740.8-0.31
0.910.910.660.890.770.790.850.80.90.850.661.00.860.88-0.360.880.690.37-0.540.90.90.870.650.7-0.25
0.960.940.690.870.940.770.930.780.930.850.50.850.850.99-0.260.960.650.43-0.50.930.850.80.910.75-0.3
0.640.710.410.710.260.570.70.730.650.660.50.660.650.57-0.580.680.670.18-0.520.710.740.630.210.56-0.17
0.910.920.670.90.780.790.860.810.911.00.850.660.870.88-0.360.880.690.38-0.550.910.90.870.650.7-0.25
0.940.940.680.960.730.860.940.850.940.860.850.650.870.89-0.550.90.780.34-0.720.940.950.940.60.82-0.32
0.990.960.720.910.920.810.950.820.950.880.990.570.880.89-0.340.980.70.47-0.570.960.90.830.860.79-0.31
-0.45-0.49-0.69-0.6-0.06-0.74-0.52-0.75-0.44-0.36-0.26-0.58-0.36-0.55-0.34-0.44-0.86-0.530.9-0.53-0.61-0.540.06-0.740.67
0.990.990.710.940.820.810.980.860.950.880.960.680.880.90.98-0.440.770.45-0.620.980.940.840.780.8-0.29
0.770.780.890.820.490.950.780.970.740.690.650.670.690.780.7-0.860.770.68-0.940.810.840.70.350.88-0.69
0.480.40.890.480.440.650.40.640.410.370.430.180.380.340.47-0.530.450.68-0.690.470.50.240.280.66-0.6
-0.66-0.66-0.87-0.76-0.35-0.9-0.68-0.88-0.64-0.54-0.5-0.52-0.55-0.72-0.570.9-0.62-0.94-0.69-0.7-0.77-0.65-0.2-0.820.66
0.991.00.750.990.770.860.990.890.970.90.930.710.910.940.96-0.530.980.810.47-0.70.980.890.70.84-0.32
0.960.970.760.990.690.870.950.90.940.90.850.740.90.950.9-0.610.940.840.5-0.770.980.890.560.85-0.32
0.880.910.610.930.650.80.890.790.880.870.80.630.870.940.83-0.540.840.70.24-0.650.890.890.580.75-0.32
0.770.730.480.60.930.530.720.510.740.650.910.210.650.60.860.060.780.350.28-0.20.70.560.580.51-0.23
0.830.810.870.860.630.90.820.90.80.70.750.560.70.820.79-0.740.80.880.66-0.820.840.850.750.51-0.69
-0.32-0.31-0.72-0.33-0.28-0.7-0.31-0.64-0.31-0.25-0.3-0.17-0.25-0.32-0.310.67-0.29-0.69-0.60.66-0.32-0.32-0.32-0.23-0.69
Click cells to compare fundamentals

Corpay Account Relationship Matchups

Corpay fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.2B13.4B14.1B15.5B17.8B11.9B
Short Long Term Debt Total4.3B6.0B7.0B6.7B7.7B5.0B
Other Current Liab1.6B2.3B560.9M3.0B3.4B3.6B
Total Current Liabilities4.0B5.3B6.0B6.8B7.8B4.6B
Total Stockholder Equity3.4B2.9B2.5B3.3B3.8B3.3B
Property Plant And Equipment Net202.5M236.3M294.7M429.7M494.2M518.9M
Net Debt3.4B4.5B5.6B5.3B6.1B3.9B
Retained Earnings5.4B6.3B7.2B8.2B9.4B9.9B
Accounts Payable1.1B1.4B1.6B1.6B1.9B1.2B
Cash934.9M1.5B1.4B1.4B1.6B1.1B
Non Current Assets Total7.2B7.9B8.0B8.4B9.7B7.6B
Non Currrent Assets Other193.2M213.9M281.7M162.1M186.4M150.1M
Cash And Short Term Investments934.9M1.5B1.4B1.4B1.6B1.1B
Net Receivables2.1B1.8B3.4B3.5B4.0B2.3B
Good Will4.7B5.1B5.2B5.6B6.5B4.8B
Common Stock Shares Outstanding86.7M84.1M76.9M74.4M66.9M69.7M
Liabilities And Stockholders Equity11.2B13.4B14.1B15.5B17.8B11.9B
Non Current Liabilities Total3.9B5.2B5.5B5.4B6.2B4.1B
Other Current Assets1.7B2.2B(1.7B)2.2B2.6B2.7B
Other Stockholder Equity(698.5M)(1.9B)(3.2B)(10.9B)(9.8B)(9.3B)
Total Liab7.8B10.5B11.5B12.2B14.0B8.6B
Total Current Assets4.0B5.5B6.1B7.1B8.1B4.3B
Accumulated Other Comprehensive Income(1.4B)(1.5B)(1.5B)(1.3B)(1.2B)(1.2B)
Short Term Debt1.2B1.5B2.3B2.1B2.4B1.7B
Intangible Assets2.1B2.3B2.1B2.1B2.4B2.4B
Common Stock126K127K128K129K148.4K135.8K

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Additional Tools for Corpay Stock Analysis

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