PCJEWELLER Accounts Payable vs Total Current Assets Analysis

PCJEWELLER   16.80  0.89  5.03%   
PC Jeweller financial indicator trend analysis is much more than just breaking down PC Jeweller Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PC Jeweller Limited is a good investment. Please check the relationship between PC Jeweller Accounts Payable and its Total Current Assets accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PC Jeweller 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 housing.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PC Jeweller Limited Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between PC Jeweller's Accounts Payable and Total Current Assets is 0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of PC Jeweller Limited, assuming nothing else is changed. The correlation between historical values of PC Jeweller's Accounts Payable and Total Current Assets 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 PC Jeweller Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., PC Jeweller's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.2
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents PC Jeweller 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 PC Jeweller Limited 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.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from PC Jeweller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PC Jeweller Limited 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PC Jeweller 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 housing.
Selling General Administrative is expected to rise to about 79.3 M this year, although the value of Tax Provision is projected to rise to (22.9 M).
 2021 2022 2023 2024 (projected)
Interest Expense4.3B4.9B5.0B3.1B
Depreciation And Amortization277.5M272.3M203.7M241.5M

PC Jeweller fundamental ratios Correlations

0.6-0.060.960.980.610.550.950.090.380.330.290.090.38-0.170.60.740.96-0.260.870.960.980.590.370.80.15
0.6-0.440.550.610.441.00.5-0.7-0.360.840.81-0.51-0.35-0.640.890.560.74-0.710.770.560.51.0-0.010.83-0.56
-0.06-0.44-0.04-0.07-0.07-0.45-0.010.480.27-0.4-0.390.50.470.21-0.49-0.27-0.230.43-0.12-0.050.01-0.430.05-0.290.43
0.960.55-0.040.870.440.490.830.20.480.390.360.140.32-0.240.610.590.89-0.120.811.00.930.540.150.730.07
0.980.61-0.070.870.690.560.980.010.280.270.220.060.41-0.10.550.810.96-0.340.860.880.970.60.50.810.2
0.610.44-0.070.440.690.430.72-0.16-0.070.10.04-0.140.270.010.280.870.65-0.340.530.460.630.420.580.520.29
0.551.0-0.450.490.560.430.46-0.74-0.440.840.8-0.56-0.39-0.640.870.540.7-0.740.740.50.441.0-0.010.82-0.58
0.950.5-0.010.830.980.720.460.10.320.140.090.060.53-0.030.430.810.91-0.240.770.850.970.490.570.720.33
0.09-0.70.480.20.01-0.16-0.740.10.86-0.61-0.590.730.650.43-0.55-0.18-0.150.75-0.260.190.2-0.70.08-0.410.65
0.38-0.360.270.480.28-0.07-0.440.320.86-0.3-0.290.710.560.25-0.180.010.150.560.00.470.44-0.370.01-0.120.42
0.330.84-0.40.390.270.10.840.14-0.61-0.31.0-0.42-0.56-0.770.750.210.45-0.550.520.390.190.85-0.450.55-0.83
0.290.81-0.390.360.220.040.80.09-0.59-0.291.0-0.41-0.58-0.780.720.150.4-0.510.480.360.140.81-0.490.5-0.86
0.09-0.510.50.140.06-0.14-0.560.060.730.71-0.42-0.410.440.34-0.51-0.13-0.130.24-0.070.130.16-0.510.04-0.250.42
0.38-0.350.470.320.410.27-0.390.530.650.56-0.56-0.580.440.47-0.320.350.210.340.050.320.49-0.360.580.030.78
-0.17-0.640.21-0.24-0.10.01-0.64-0.030.430.25-0.77-0.780.340.47-0.45-0.04-0.20.37-0.26-0.23-0.11-0.650.41-0.260.79
0.60.89-0.490.610.550.280.870.43-0.55-0.180.750.72-0.51-0.32-0.450.460.73-0.480.730.610.470.89-0.060.82-0.5
0.740.56-0.270.590.810.870.540.81-0.180.010.210.15-0.130.35-0.040.460.79-0.50.630.620.740.540.50.640.19
0.960.74-0.230.890.960.650.70.91-0.150.150.450.4-0.130.21-0.20.730.79-0.410.930.90.910.730.390.90.02
-0.26-0.710.43-0.12-0.34-0.34-0.74-0.240.750.56-0.55-0.510.240.340.37-0.48-0.5-0.41-0.52-0.14-0.18-0.71-0.13-0.570.44
0.870.77-0.120.810.860.530.740.77-0.260.00.520.48-0.070.05-0.260.730.630.93-0.520.820.80.770.30.93-0.11
0.960.56-0.051.00.880.460.50.850.190.470.390.360.130.32-0.230.610.620.9-0.140.820.930.550.170.730.07
0.980.50.010.930.970.630.440.970.20.440.190.140.160.49-0.110.470.740.91-0.180.80.930.480.450.720.27
0.591.0-0.430.540.60.421.00.49-0.7-0.370.850.81-0.51-0.36-0.650.890.540.73-0.710.770.550.48-0.020.83-0.57
0.37-0.010.050.150.50.58-0.010.570.080.01-0.45-0.490.040.580.41-0.060.50.39-0.130.30.170.45-0.020.350.62
0.80.83-0.290.730.810.520.820.72-0.41-0.120.550.5-0.250.03-0.260.820.640.9-0.570.930.730.720.830.35-0.17
0.15-0.560.430.070.20.29-0.580.330.650.42-0.83-0.860.420.780.79-0.50.190.020.44-0.110.070.27-0.570.62-0.17
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PC Jeweller Account Relationship Matchups

PC Jeweller fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets79.0B79.0B75.5B76.4B72.7B69.8B
Short Long Term Debt Total24.3B24.1B33.9B37.4B41.5B43.6B
Other Current Liab2.0B964.7M611.7M830.1M860.2M1.2B
Total Current Liabilities37.5B35.3B35.7B38.6B42.9B37.2B
Total Stockholder Equity40.0B42.7B38.9B36.9B29.3B32.1B
Property Plant And Equipment Net1.7B1.4B1.2B1.1B702.6M1.1B
Net Debt24.0B23.6B33.7B36.9B41.5B43.5B
Retained Earnings25.8B26.4B22.6B20.5B13.8B19.3B
Accounts Payable10.9B9.4B163.7M173.9M138.3M131.4M
Cash280.5M577.7M233.8M419M47.3M44.9M
Non Current Assets Total2.7B2.5B3.3B13.2B13.9B14.6B
Non Currrent Assets Other148.8M846.4M842M11.8B13.1B13.8B
Cash And Short Term Investments1.5B1.0B628.5M500.8M73.4M69.7M
Net Receivables18.8B14.5B2.9B4.3B1.8B1.7B
Common Stock Shares Outstanding395.5M395.7M406.5M465.4M535.2M431.0M
Liabilities And Stockholders Equity79.0B79.0B75.5B76.4B72.7B69.8B
Non Current Liabilities Total1.5B954.8M822.2M804M465.4M578.1M
Inventory54.1B59.4B56.7B57.9B56.3B46.8B
Other Current Assets1.8B1.7B563.1M484.2M560.4M532.4M
Other Stockholder Equity9.1B9.3B10.0B10.7B12.3B8.2B
Total Liab38.9B36.3B36.6B39.5B43.4B37.8B
Total Current Assets76.3B76.5B72.2B63.1B58.8B65.6B
Accumulated Other Comprehensive Income(871M)907.5M972.7M1.0B124.7M130.9M
Short Term Debt23.2B23.2B33.1B36.6B41.1B43.1B
Intangible Assets17.8M27.2M16.2M8.1M6.8M6.5M
Common Stock3.9B3.9B4.0B4.7B5.4B3.4B
Current Deferred Revenue3.2B2.7B2.3B1.4B36.7M34.9M
Short Term Investments1.2B432.1M394.7M81.8M26.1M24.8M
Other Liab451.8M442.9M47M44.5M51.2M48.6M
Net Tangible Assets39.2B40.0B42.7B38.9B44.7B35.6B
Other Assets1.0B1.0B2.0B105.4M121.2M115.1M
Long Term Debt115.8M6.6M3.2M0.03.9M3.7M
Short Long Term Debt22.9B22.9B32.8B36.3B40.9B20.6B
Property Plant Equipment1.7B1.4B1.2B1.1B1.3B1.2B
Long Term Debt Total1.0B907.8M777.7M763.1M877.6M695.9M
Capital Surpluse9.0B9.1B9.3B10.7B12.3B9.6B
Cash And Equivalents531.4M19.7M72.2M419M481.9M505.9M
Net Invested Capital63.0B65.6B71.7B73.2B70.2B71.4B
Net Working Capital38.8B41.2B36.5B24.5B15.9B26.5B

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Other Information on Investing in PCJEWELLER Stock

Balance Sheet is a snapshot of the financial position of PC Jeweller Limited at a specified time, usually calculated after every quarter, six months, or one year. PC Jeweller Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PC Jeweller 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 PCJEWELLER currently owns. An asset can also be divided into two categories, current and non-current.