Star Accounts Payable vs Inventory Analysis

SGR Stock

0.19 0.01 5.00%

Star Entertainment financial indicator trend analysis is much more than just breaking down Star Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Star Entertainment is a good investment. Please check the relationship between Star Entertainment Accounts Payable and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Star Entertainment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Star Entertainment Accounts Payable account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Star Entertainment's Accounts Payable and Inventory is 0.43. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Star Entertainment Group, assuming nothing else is changed. The correlation between historical values of Star Entertainment's Accounts Payable and Inventory 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 Star Entertainment Group are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Star Entertainment's Accounts Payable and Inventory go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Star Entertainment 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 Star Entertainment 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.

Inventory

Most indicators from Star Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Star Entertainment 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Star Entertainment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Tax Provision is likely to gain to about 144.5 M in 2025, whereas Selling General Administrative is likely to drop slightly above 622.4 M in 2025.

	2022	2023	2024	2025 (projected)
Other Operating Expenses	1.7B	932M	838.8M	1.3B
Gross Profit	828.4M	795.3M	715.8M	910.2M

Other Operating Expenses Gross Profit

Star Entertainment fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets
Total Assets		0.88	-0.87	-0.32	0.98	0.81	0.77	0.89	0.93	0.36	-0.62	0.99	-0.24	0.42	-0.62	0.44	0.87	-0.16	-0.83	0.8	0.1	-0.17	0.61	-0.45	-0.05	0.52
Short Long Term Debt Total	0.88		-0.75	-0.3	0.8	0.51	0.64	0.99	0.78	0.02	-0.55	0.9	-0.14	0.25	-0.55	0.35	0.76	-0.23	-0.74	0.96	0.06	-0.14	0.77	-0.4	-0.08	0.74
Other Current Liab	-0.87	-0.75		0.58	-0.9	-0.64	-0.48	-0.74	-0.97	-0.16	0.45	-0.84	0.37	-0.36	0.45	-0.45	-0.98	0.55	0.93	-0.68	0.35	0.48	-0.29	0.72	0.03	-0.45
Total Current Liabilities	-0.32	-0.3	0.58		-0.38	-0.11	-0.2	-0.33	-0.53	0.34	0.36	-0.36	0.59	-0.1	0.36	0.29	-0.57	0.66	0.5	-0.45	0.54	0.52	-0.02	0.61	0.62	-0.49
Total Stockholder Equity	0.98	0.8	-0.9	-0.38		0.84	0.75	0.81	0.95	0.41	-0.6	0.97	-0.3	0.44	-0.6	0.44	0.9	-0.19	-0.84	0.71	0.04	-0.24	0.5	-0.5	-0.06	0.44
Other Liab	0.81	0.51	-0.64	-0.11	0.84		0.73	0.53	0.74	0.71	-0.44	0.77	-0.09	0.46	-0.44	0.44	0.68	0.03	-0.54	0.41	0.22	-0.08	0.42	-0.31	0.07	0.18
Property Plant And Equipment Net	0.77	0.64	-0.48	-0.2	0.75	0.73		0.68	0.62	0.56	-0.55	0.8	-0.05	0.17	-0.55	0.26	0.54	0.13	-0.37	0.58	0.41	0.0	0.81	-0.26	-0.21	0.43
Net Debt	0.89	0.99	-0.74	-0.33	0.81	0.53	0.68		0.78	0.05	-0.68	0.92	-0.12	0.27	-0.68	0.26	0.74	-0.2	-0.74	0.96	0.13	-0.08	0.76	-0.36	-0.21	0.78
Retained Earnings	0.93	0.78	-0.97	-0.53	0.95	0.74	0.62	0.78		0.28	-0.52	0.9	-0.36	0.45	-0.52	0.47	0.97	-0.45	-0.92	0.7	-0.24	-0.4	0.43	-0.7	-0.06	0.43
Accounts Payable	0.36	0.02	-0.16	0.34	0.41	0.71	0.56	0.05	0.28		-0.17	0.32	0.28	0.23	-0.17	0.46	0.2	0.27	-0.09	-0.17	0.43	0.13	0.21	-0.09	0.25	-0.32
Cash	-0.62	-0.55	0.45	0.36	-0.6	-0.44	-0.55	-0.68	-0.52	-0.17		-0.69	0.02	-0.29	1.0	0.25	-0.41	0.01	0.5	-0.61	-0.35	-0.2	-0.39	0.06	0.67	-0.65
Non Current Assets Total	0.99	0.9	-0.84	-0.36	0.97	0.77	0.8	0.92	0.9	0.32	-0.69		-0.23	0.36	-0.69	0.34	0.84	-0.11	-0.79	0.84	0.16	-0.14	0.65	-0.4	-0.16	0.61
Non Currrent Assets Other	-0.24	-0.14	0.37	0.59	-0.3	-0.09	-0.05	-0.12	-0.36	0.28	0.02	-0.23		-0.25	0.02	0.17	-0.39	0.25	0.35	-0.22	0.45	0.18	0.11	0.36	0.16	-0.07
Other Assets	0.42	0.25	-0.36	-0.1	0.44	0.46	0.17	0.27	0.45	0.23	-0.29	0.36	-0.25		-0.29	0.19	0.31	-0.22	-0.57	0.17	-0.18	-0.03	0.06	-0.28	0.02	-0.15
Cash And Short Term Investments	-0.62	-0.55	0.45	0.36	-0.6	-0.44	-0.55	-0.68	-0.52	-0.17	1.0	-0.69	0.02	-0.29		0.25	-0.41	0.01	0.5	-0.61	-0.35	-0.2	-0.39	0.06	0.67	-0.65
Net Receivables	0.44	0.35	-0.45	0.29	0.44	0.44	0.26	0.26	0.47	0.46	0.25	0.34	0.17	0.19	0.25		0.48	-0.19	-0.42	0.09	-0.17	-0.29	0.27	-0.43	0.78	-0.23
Good Will	0.87	0.76	-0.98	-0.57	0.9	0.68	0.54	0.74	0.97	0.2	-0.41	0.84	-0.39	0.31	-0.41	0.48		-0.52	-0.87	0.69	-0.33	-0.44	0.38	-0.74	-0.01	0.46
Common Stock Total Equity	-0.16	-0.23	0.55	0.66	-0.19	0.03	0.13	-0.2	-0.45	0.27	0.01	-0.11	0.25	-0.22	0.01	-0.19	-0.52		0.57	-0.22	0.86	0.6	0.09	0.81	0.08	-0.16
Common Stock Shares Outstanding	-0.83	-0.74	0.93	0.5	-0.84	-0.54	-0.37	-0.74	-0.92	-0.09	0.5	-0.79	0.35	-0.57	0.5	-0.42	-0.87	0.57		-0.66	0.37	0.42	-0.25	0.66	0.05	-0.39
Non Current Liabilities Total	0.8	0.96	-0.68	-0.45	0.71	0.41	0.58	0.96	0.7	-0.17	-0.61	0.84	-0.22	0.17	-0.61	0.09	0.69	-0.22	-0.66		0.05	-0.11	0.72	-0.33	-0.3	0.88
Inventory	0.1	0.06	0.35	0.54	0.04	0.22	0.41	0.13	-0.24	0.43	-0.35	0.16	0.45	-0.18	-0.35	-0.17	-0.33	0.86	0.37	0.05		0.59	0.37	0.67	-0.13	0.14
Other Current Assets	-0.17	-0.14	0.48	0.52	-0.24	-0.08	0.0	-0.08	-0.4	0.13	-0.2	-0.14	0.18	-0.03	-0.2	-0.29	-0.44	0.6	0.42	-0.11	0.59		0.13	0.53	0.01	-0.05
Total Liab	0.61	0.77	-0.29	-0.02	0.5	0.42	0.81	0.76	0.43	0.21	-0.39	0.65	0.11	0.06	-0.39	0.27	0.38	0.09	-0.25	0.72	0.37	0.13		-0.18	-0.08	0.58
Property Plant And Equipment Gross	-0.45	-0.4	0.72	0.61	-0.5	-0.31	-0.26	-0.36	-0.7	-0.09	0.06	-0.4	0.36	-0.28	0.06	-0.43	-0.74	0.81	0.66	-0.33	0.67	0.53	-0.18		-0.06	-0.14
Total Current Assets	-0.05	-0.08	0.03	0.62	-0.06	0.07	-0.21	-0.21	-0.06	0.25	0.67	-0.16	0.16	0.02	0.67	0.78	-0.01	0.08	0.05	-0.3	-0.13	0.01	-0.08	-0.06		-0.57
Intangible Assets	0.52	0.74	-0.45	-0.49	0.44	0.18	0.43	0.78	0.43	-0.32	-0.65	0.61	-0.07	-0.15	-0.65	-0.23	0.46	-0.16	-0.39	0.88	0.14	-0.05	0.58	-0.14	-0.57

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Star Entertainment Account Relationship Matchups

Star Entertainment fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	5.5B	5.4B	3.3B	1.9B	1.7B	1.6B
Short Long Term Debt Total	1.3B	1.3B	757.2M	301.8M	271.6M	258.0M
Other Current Liab	102.6M	124.4M	512.4M	569.7M	655.2M	687.9M
Total Current Liabilities	310.5M	356.5M	719M	751.9M	864.7M	513.6M
Total Stockholder Equity	3.6B	3.4B	1.8B	833.3M	750.0M	712.5M
Other Liab	154.8M	162.4M	159.9M	19.1M	22.0M	20.9M
Property Plant And Equipment Net	2.7B	2.6B	1.8B	1.2B	1.3B	2.4B
Net Debt	1.2B	1.3B	668.5M	2.2M	2.0M	1.9M
Retained Earnings	450.3M	247.8M	(2.2B)	(3.9B)	(3.5B)	(3.3B)
Accounts Payable	176.6M	202.9M	182M	176.1M	202.5M	239.6M
Cash	67.9M	82M	88.7M	299.6M	269.6M	283.1M
Non Current Assets Total	5.3B	5.2B	3.0B	1.4B	1.6B	1.5B
Non Currrent Assets Other	(1.4B)	(1.2B)	(102.1M)	18M	20.7M	21.7M
Other Assets	50.9M	102.8M	254.5M	1.0	1.15	1.09
Cash And Short Term Investments	67.9M	82M	88.7M	299.6M	269.6M	283.1M
Net Receivables	23.3M	7.8M	4.7M	31.5M	28.4M	26.9M
Common Stock Shares Outstanding	1.1B	1.1B	1.2B	2.5B	2.9B	3.0B
Liabilities And Stockholders Equity	5.5B	5.4B	3.3B	1.9B	1.7B	1.6B
Non Current Liabilities Total	1.5B	1.6B	770.3M	312.6M	281.3M	267.3M
Inventory	15.2M	16.2M	14.9M	13.6M	15.6M	12.6M
Other Current Assets	57.3M	95.5M	143.2M	143.4M	164.9M	95.4M
Total Liab	2.4B	1.8B	1.9B	1.1B	1.2B	1.8B
Property Plant And Equipment Gross	4.3B	2.6B	4.4B	4.4B	5.1B	2.9B
Total Current Assets	163.7M	201.5M	251.5M	488.1M	439.3M	279.4M
Accumulated Other Comprehensive Income	5.2M	11.5M	2.8M	9.6M	8.6M	9.1M
Intangible Assets	1.8B	1.7B	332.8M	72.6M	83.5M	79.3M
Property Plant Equipment	2.8B	2.7B	2.6B	1.8B	2.0B	2.4B
Current Deferred Revenue	23.5M	23.1M	18.6M	18.1M	20.8M	18.9M
Long Term Debt	1.2B	1.3B	751.2M	269.6M	242.6M	230.5M
Short Term Debt	162.9M	6.8M	6.1M	6M	5.5M	5.2M
Other Stockholder Equity	(18.6M)	(6.9M)	(7.3M)	(6.4M)	(7.4M)	(7.7M)
Net Tangible Assets	1.6B	1.8B	1.8B	1.4B	1.7B	1.7B
Short Long Term Debt	155.9M	23.5M	6.1M	6M	5.4M	5.1M
Long Term Debt Total	1.5B	1.3B	1.3B	751.2M	863.9M	1.1B
Long Term Investments	631.7M	669.6M	669.2M	161.7M	186.0M	176.7M
Net Invested Capital	4.9B	4.8B	2.5B	1.1B	992.6M	943.0M

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