GWW Deferred Long Term Liab vs Accounts Payable Analysis

GWW Stock  USD 1,206  11.43  0.94%   
WW Grainger financial indicator trend analysis is more than just analyzing WW Grainger current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WW Grainger is a good investment. Please check the relationship between WW Grainger Deferred Long Term Liab and its Accounts Payable accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WW Grainger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy GWW Stock please use our How to Invest in WW Grainger guide.

Deferred Long Term Liab vs Accounts Payable

Deferred Long Term Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WW Grainger Deferred Long Term Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between WW Grainger's Deferred Long Term Liab and Accounts Payable is 0.68. Overlapping area represents the amount of variation of Deferred Long Term Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of WW Grainger, assuming nothing else is changed. The correlation between historical values of WW Grainger's Deferred Long Term Liab 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 Deferred Long Term Liab of WW Grainger 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 Deferred Long Term Liab i.e., WW Grainger's Deferred Long Term Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.68
Relationship DirectionPositive 
Relationship StrengthSignificant

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Accounts Payable

An accounting item on the balance sheet that represents WW Grainger 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 WW Grainger 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 WW Grainger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WW Grainger 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WW Grainger. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy GWW Stock please use our How to Invest in WW Grainger guide.At this time, WW Grainger's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 9.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 B in 2024.
 2021 2023 2024 (projected)
Interest Expense87M107.0M112.3M
Depreciation And Amortization186M220M135.3M

WW Grainger fundamental ratios Correlations

0.80.90.690.450.980.740.970.670.66-0.020.670.97-0.840.830.980.52-0.90.90.980.060.950.740.1-0.020.64
0.80.630.63-0.10.820.990.870.450.54-0.360.450.84-0.750.990.810.32-0.950.980.790.110.890.56-0.160.170.46
0.90.630.760.560.840.580.820.560.710.030.560.83-0.830.650.860.47-0.730.770.860.120.830.540.320.160.44
0.690.630.760.480.640.640.620.190.940.120.190.61-0.90.610.650.57-0.640.710.610.430.670.180.40.270.18
0.45-0.10.560.480.39-0.160.290.30.580.520.30.32-0.47-0.050.40.53-0.110.090.410.020.240.190.53-0.210.24
0.980.820.840.640.390.760.980.60.61-0.070.60.97-0.780.830.970.55-0.910.890.970.050.940.780.03-0.050.68
0.740.990.580.64-0.160.760.810.30.54-0.380.30.79-0.720.960.740.34-0.910.950.720.160.850.47-0.160.210.37
0.970.870.820.620.290.980.810.670.55-0.170.670.99-0.790.890.980.45-0.960.930.98-0.040.970.79-0.11-0.10.69
0.670.450.560.190.30.60.30.670.2-0.061.00.63-0.450.510.66-0.03-0.580.520.72-0.250.560.74-0.1-0.170.71
0.660.540.710.940.580.610.540.550.20.240.20.53-0.90.530.580.54-0.550.630.540.390.570.150.570.320.16
-0.02-0.360.030.120.52-0.07-0.38-0.17-0.060.24-0.06-0.190.01-0.38-0.110.050.31-0.26-0.120.46-0.26-0.120.59-0.09-0.13
0.670.450.560.190.30.60.30.671.00.2-0.060.63-0.450.510.66-0.03-0.580.520.72-0.250.560.74-0.1-0.170.71
0.970.840.830.610.320.970.790.990.630.53-0.190.63-0.760.870.990.52-0.950.910.99-0.070.980.77-0.13-0.140.68
-0.84-0.75-0.83-0.9-0.47-0.78-0.72-0.79-0.45-0.90.01-0.45-0.76-0.78-0.8-0.580.8-0.84-0.78-0.16-0.81-0.34-0.29-0.15-0.3
0.830.990.650.61-0.050.830.960.890.510.53-0.380.510.87-0.780.840.35-0.970.980.83-0.010.920.58-0.20.090.48
0.980.810.860.650.40.970.740.980.660.58-0.110.660.99-0.80.840.56-0.930.91.0-0.020.970.74-0.05-0.160.65
0.520.320.470.570.530.550.340.45-0.030.540.05-0.030.52-0.580.350.56-0.420.420.510.040.520.080.15-0.250.06
-0.9-0.95-0.73-0.64-0.11-0.91-0.91-0.96-0.58-0.550.31-0.58-0.950.8-0.97-0.93-0.42-0.97-0.920.05-0.97-0.680.220.05-0.6
0.90.980.770.710.090.890.950.930.520.63-0.260.520.91-0.840.980.90.42-0.970.880.110.950.6-0.060.130.49
0.980.790.860.610.410.970.720.980.720.54-0.120.720.99-0.780.831.00.51-0.920.88-0.080.960.78-0.08-0.170.69
0.060.110.120.430.020.050.16-0.04-0.250.390.46-0.25-0.07-0.16-0.01-0.020.040.050.11-0.08-0.05-0.090.540.54-0.14
0.950.890.830.670.240.940.850.970.560.57-0.260.560.98-0.810.920.970.52-0.970.950.96-0.050.68-0.12-0.060.58
0.740.560.540.180.190.780.470.790.740.15-0.120.740.77-0.340.580.740.08-0.680.60.78-0.090.68-0.22-0.160.96
0.1-0.160.320.40.530.03-0.16-0.11-0.10.570.59-0.1-0.13-0.29-0.2-0.050.150.22-0.06-0.080.54-0.12-0.220.58-0.26
-0.020.170.160.27-0.21-0.050.21-0.1-0.170.32-0.09-0.17-0.14-0.150.09-0.16-0.250.050.13-0.170.54-0.06-0.160.58-0.23
0.640.460.440.180.240.680.370.690.710.16-0.130.710.68-0.30.480.650.06-0.60.490.69-0.140.580.96-0.26-0.23
Click cells to compare fundamentals

WW Grainger Account Relationship Matchups

WW Grainger fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.0B6.3B6.6B7.6B8.1B8.6B
Short Long Term Debt Total2.2B2.4B2.8B2.7B2.8B2.9B
Other Current Liab658M555M543M808M724M760.2M
Total Current Liabilities1.7B1.4B1.5B2.0B1.8B948.5M
Property Plant And Equipment Net1.4B1.4B1.8B1.8B2.1B2.2B
Net Debt1.9B1.8B2.5B2.4B2.1B2.2B
Retained Earnings8.4B8.8B9.5B10.7B12.2B12.8B
Cash360M585M241M325M660M693M
Non Current Assets Total2.5B2.4B2.6B2.6B2.9B1.5B
Non Currrent Assets Other306M327M142M59M182M168.8M
Cash And Short Term Investments360M585M241M325M660M693M
Net Receivables1.4B1.5B1.8B2.1B2.2B2.3B
Common Stock Shares Outstanding54.9M53.7M52.2M51.1M50.1M68.5M
Liabilities And Stockholders Equity6.0B6.3B6.6B7.6B8.1B8.6B
Non Current Liabilities Total2.3B2.8B2.9B2.8B2.9B3.0B
Inventory1.7B1.7B1.9B2.3B2.3B2.4B
Other Current Assets104M127M292M266M156M121.7M
Other Stockholder Equity(6.2B)(6.9B)(7.6B)(8.1B)(8.9B)(8.5B)
Total Liab3.9B4.2B4.4B4.9B4.7B4.9B
Total Current Assets3.6B3.9B4.0B5.0B5.3B5.5B
Short Term Debt301M65M132M103M105M118.1M
Accounts Payable719M779M816M1.0B954M1.0B
Property Plant And Equipment Gross1.4B1.4B1.4B1.5B4.1B4.4B
Accumulated Other Comprehensive Income(154M)(61M)(96M)(180M)(172M)(180.6M)
Good Will429M391M384M371M370M363.4M
Intangible Assets304M228M238M232M234M283.2M
Other Liab182M372M208M207M238.1M221.6M
Other Assets94M362M142M180M207M153.5M
Long Term Debt1.9B2.4B2.4B2.3B2.3B2.4B
Treasury Stock(7.6B)(8.2B)(8.9B)(9.4B)(8.5B)(8.1B)
Property Plant Equipment1.4B1.4B1.8B1.8B2.1B1.2B
Net Tangible Assets1.6B1.2B1.5B2.2B1.9B1.5B
Noncontrolling Interest In Consolidated Entity205M265M286M295M339.3M356.2M
Retained Earnings Total Equity8.4B8.8B9.5B10.7B12.3B7.1B
Long Term Debt Total1.9B2.4B2.4B2.3B2.6B1.6B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for GWW Stock Analysis

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