Intuit Accounts Payable vs Deferred Long Term Liab Analysis

INTU Stock  USD 647.07  0.49  0.08%   
Intuit financial indicator trend analysis is infinitely more than just investigating Intuit Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intuit Inc is a good investment. Please check the relationship between Intuit Accounts Payable and its Deferred Long Term Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuit 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 estimate.

Accounts Payable vs Deferred Long Term Liab

Accounts Payable vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intuit Inc Accounts Payable account and Deferred Long Term Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between Intuit's Accounts Payable and Deferred Long Term Liab is 0.29. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Intuit Inc, assuming nothing else is changed. The correlation between historical values of Intuit's Accounts Payable and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Intuit Inc are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accounts Payable i.e., Intuit's Accounts Payable and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.29
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents Intuit 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 Intuit 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.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Intuit's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intuit 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuit 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 estimate.
At this time, Intuit's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 208.9 M in 2024, whereas Tax Provision is likely to drop slightly above 466.6 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit10.3B11.2B12.8B13.5B
Total Revenue12.7B14.4B16.3B17.1B

Intuit fundamental ratios Correlations

0.830.91.00.860.810.930.960.630.990.560.620.980.210.97-0.110.710.750.990.860.960.970.980.890.370.06
0.830.940.80.680.580.80.80.520.780.490.50.830.050.72-0.450.940.530.860.840.730.70.770.950.3-0.04
0.90.940.860.810.590.910.840.680.830.520.650.880.180.8-0.350.910.490.940.930.760.820.830.990.45-0.09
1.00.80.860.830.820.920.970.60.990.570.60.980.210.97-0.090.670.780.970.830.970.960.990.860.350.11
0.860.680.810.830.650.940.890.60.840.430.610.810.410.85-0.220.550.380.880.750.80.830.830.840.65-0.07
0.810.580.590.820.650.60.740.110.890.380.090.870.110.860.320.360.870.780.410.90.810.890.650.12-0.05
0.930.80.910.920.940.60.940.740.880.510.750.870.330.88-0.330.720.460.940.90.840.880.880.90.570.04
0.960.80.840.970.890.740.940.630.950.480.650.910.250.95-0.220.640.670.950.830.950.920.940.840.410.18
0.630.520.680.60.60.110.740.630.510.350.980.50.140.59-0.350.560.170.660.870.470.660.50.570.350.07
0.990.780.830.990.840.890.880.950.510.530.50.990.20.980.00.620.810.960.760.990.961.00.850.320.04
0.560.490.520.570.430.380.510.480.350.530.350.550.340.5-0.080.460.460.530.520.490.50.510.520.35-0.04
0.620.50.650.60.610.090.750.650.980.50.350.480.230.59-0.360.520.160.650.870.470.650.50.540.420.22
0.980.830.880.980.810.870.870.910.50.990.550.480.190.95-0.020.710.80.970.790.960.940.990.890.33-0.01
0.210.050.180.210.410.110.330.250.140.20.340.230.190.190.070.07-0.040.20.210.140.190.190.190.91-0.01
0.970.720.80.970.850.860.880.950.590.980.50.590.950.190.040.560.780.960.770.980.990.980.80.310.04
-0.11-0.45-0.35-0.09-0.220.32-0.33-0.22-0.350.0-0.08-0.36-0.020.070.04-0.490.32-0.14-0.40.030.070.01-0.35-0.22-0.11
0.710.940.910.670.550.360.720.640.560.620.460.520.710.070.56-0.490.360.750.850.530.570.620.890.33-0.08
0.750.530.490.780.380.870.460.670.170.810.460.160.8-0.040.780.320.360.680.430.840.760.810.5-0.130.18
0.990.860.940.970.880.780.940.950.660.960.530.650.970.20.96-0.140.750.680.880.930.960.960.930.39-0.02
0.860.840.930.830.750.410.90.830.870.760.520.870.790.210.77-0.40.850.430.880.70.810.760.870.440.1
0.960.730.760.970.80.90.840.950.470.990.490.470.960.140.980.030.530.840.930.70.950.990.780.240.11
0.970.70.820.960.830.810.880.920.660.960.50.650.940.190.990.070.570.760.960.810.950.960.80.310.03
0.980.770.830.990.830.890.880.940.51.00.510.50.990.190.980.010.620.810.960.760.990.960.850.310.03
0.890.950.990.860.840.650.90.840.570.850.520.540.890.190.8-0.350.890.50.930.870.780.80.850.46-0.11
0.370.30.450.350.650.120.570.410.350.320.350.420.330.910.31-0.220.33-0.130.390.440.240.310.310.46-0.12
0.06-0.04-0.090.11-0.07-0.050.040.180.070.04-0.040.22-0.01-0.010.04-0.11-0.080.18-0.020.10.110.030.03-0.11-0.12
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Intuit Account Relationship Matchups

Intuit fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.9B15.5B27.7B27.8B32.1B33.7B
Other Current Liab779M2.0B2.3B448M5.3B5.6B
Total Current Liabilities3.5B2.7B3.6B3.8B7.5B7.9B
Total Stockholder Equity5.1B9.9B16.4B17.3B18.4B19.4B
Property Plant And Equipment Net960M1.2B1.4B1.4B1.4B1.5B
Net Debt(2.9B)(148M)4.7B3.8B3.0B3.1B
Retained Earnings10.9B12.3B13.6B15.1B17.0B17.8B
Accounts Payable305M623M737M638M721M757.1M
Cash6.4B2.6B2.8B2.8B3.6B3.8B
Non Current Assets Total3.0B10.4B22.7B22.2B22.5B23.6B
Non Currrent Assets Other225M283M344M417M541M568.1M
Cash And Short Term Investments7.1B3.9B3.3B3.7B4.1B4.3B
Net Receivables161M391M1.0B1.1B1.3B1.4B
Liabilities And Stockholders Equity10.9B15.5B27.7B27.8B32.1B33.7B
Non Current Liabilities Total2.3B3.0B7.7B6.7B6.2B6.5B
Other Current Assets1.4B896M718M354M4.3B4.5B
Other Stockholder Equity(5.8B)(2.4B)2.9B2.3B1.5B1.6B
Total Liab5.8B5.6B11.3B10.5B13.7B14.4B
Total Current Assets8.0B5.2B5.0B5.6B9.7B10.2B
Intangible Assets28M3.3B7.1B6.4B5.8B6.1B
Short Long Term Debt Total3.6B2.4B7.5B7.5B6.6B6.9B
Good Will1.7B5.6B13.7B13.8B13.8B14.5B
Property Plant And Equipment Gross960M1.2B1.4B1.4B2.8B2.9B
Short Term Investments608M1.3B485M814M465M641.9M
Other Assets290M291M355M481M553.2M280.6M
Long Term Debt2.0B2.0B6.4B6.1B5.5B5.8B
Short Term Debt1.3B66M583M1.4B570M340.2M
Property Plant Equipment960M1.2B1.4B969M1.1B657.9M
Current Deferred Revenue1.1B1.1B1.2B1.3B872M772.6M
Other Liab44M578M706M121M139.2M218.2M
Net Tangible Assets3.4B1.0B(4.4B)(2.9B)(2.6B)(2.5B)

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