SLM Accounts Payable vs Inventory Analysis
| SLM Stock | USD 27.38 0.18 0.66% |
SLM Corp financial indicator trend analysis is much more than just breaking down SLM Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SLM Corp is a good investment. Please check the relationship between SLM Corp Accounts Payable and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SLM Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.
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 SLM Corp Accounts Payable account and Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between SLM Corp's Accounts Payable and Inventory is 0.97. 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 SLM Corp, assuming nothing else is changed. The correlation between historical values of SLM Corp'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 SLM Corp 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., SLM Corp's Accounts Payable and Inventory go up and down completely randomly.
Correlation Coefficient | 0.97 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents SLM Corp 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 SLM Corp 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 SLM Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SLM Corp 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 SLM Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.As of the 1st of December 2024, Tax Provision is likely to grow to about 208.3 M, while Selling General Administrative is likely to drop about 351.5 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 1.5B | 637.6M | 1.4B | 1.3B | Other Operating Expenses | 487.0M | 551.5M | 1.2B | 1.1B |
SLM Corp fundamental ratios Correlations
Click cells to compare fundamentals
SLM Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SLM Corp fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 430.7M | 387.2M | 319.9M | 261.5M | 234.1M | 222.4M | |
| Total Assets | 32.7B | 30.8B | 29.2B | 28.8B | 29.2B | 27.7B | |
| Short Long Term Debt Total | 4.6B | 5.2B | 5.9B | 5.2B | 5.2B | 5.0B | |
| Other Current Liab | (289.2M) | (5.2B) | (5.9B) | (5.2B) | (5.2B) | (5.0B) | |
| Total Current Liabilities | 289.2M | 33.4B | 33.0B | 32.3B | (5.2B) | (5.0B) | |
| Total Stockholder Equity | 3.3B | 2.6B | 2.1B | 1.7B | 1.9B | 2.8B | |
| Net Debt | (920.6M) | 733.9M | 1.6B | 619.0M | 1.1B | 1.0B | |
| Retained Earnings | 1.9B | 1.7B | 2.8B | 3.2B | 3.6B | 3.8B | |
| Accounts Payable | 24.3B | 22.7B | 20.8B | 21.4B | 24.7B | 25.9B | |
| Cash | 5.6B | 4.5B | 4.3B | 4.6B | 4.1B | 3.8B | |
| Non Current Assets Total | 706.8M | 2.2B | 2.9B | 259.0M | 2.8B | 2.9B | |
| Non Currrent Assets Other | (706.8M) | (2.2B) | (2.9B) | (31.3B) | (2.8B) | (2.9B) | |
| Other Assets | 24.4B | 20.3B | 18.1B | 22.3B | 20.5B | 21.5B | |
| Cash And Short Term Investments | 6.1B | 6.5B | 6.9B | 4.7B | 4.1B | 3.8B | |
| Net Receivables | 1.5B | 1.8B | 1.5B | 1.6B | 1.7B | 1.7B | |
| Liabilities And Stockholders Equity | 32.7B | 30.8B | 29.2B | 28.8B | 29.2B | 27.7B | |
| Non Current Liabilities Total | 4.4B | 5.2B | 5.9B | 5.2B | 5.2B | 5.0B | |
| Other Stockholder Equity | 983.0M | 532.3M | (987.0M) | (1.7B) | (2.0B) | (1.9B) | |
| Total Liab | 29.4B | 5.2B | 5.9B | 27.1B | 27.3B | 25.9B | |
| Total Current Assets | 7.6B | 8.2B | 8.3B | 6.3B | 5.9B | 5.6B | |
| Short Term Debt | 289.2M | 5.2B | 5.9B | 5.2B | 5.2B | 5.0B | |
| Accumulated Other Comprehensive Income | (12.4M) | (34.2M) | (17.9M) | (93.9M) | (75.1M) | (71.3M) | |
| Common Stock Total Equity | 90.7M | 91.3M | 86.4M | 87.0M | 100.1M | 95.2M | |
| Common Stock | 90.7M | 91.3M | 86.4M | 87.0M | 87.6M | 95.3M | |
| Short Term Investments | 487.7M | 2.0B | 2.5B | 2.3B | 686.8M | 652.4M | |
| Other Current Assets | (7.3B) | (6.4B) | (6.0B) | (6.4B) | (5.9B) | (5.6B) | |
| Property Plant And Equipment Net | 134.7M | 154.7M | 150.5M | 140.7M | 129.5M | 144.0M | |
| Property Plant And Equipment Gross | 134.7M | 154.7M | 253.3M | 263.9M | 275.1M | 161.5M | |
| Long Term Debt | 4.4B | 5.2B | 5.9B | 5.2B | 5.2B | 5.0B | |
| Retained Earnings Total Equity | 1.9B | 1.7B | 2.8B | 3.2B | 3.6B | 3.8B | |
| Treasury Stock | (142.6M) | (324.7M) | (799.0M) | (2.1B) | (1.9B) | (1.8B) | |
| Property Plant Equipment | 134.7M | 154.7M | 150.5M | 140.7M | 161.8M | 169.9M | |
| Net Tangible Assets | 2.9B | 2.3B | 1.9B | 1.4B | 1.2B | 2.1B | |
| Long Term Debt Total | 4.4B | 5.2B | 5.9B | 5.2B | 4.7B | 4.5B |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out World Market Map to better understand how to build diversified portfolios, which includes a position in SLM Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SLM Corp. If investors know SLM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SLM Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.009 | Dividend Share 0.44 | Earnings Share 2.9 | Revenue Per Share 7.232 | Quarterly Revenue Growth (0.47) |
The market value of SLM Corp is measured differently than its book value, which is the value of SLM that is recorded on the company's balance sheet. Investors also form their own opinion of SLM Corp's value that differs from its market value or its book value, called intrinsic value, which is SLM Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SLM Corp's market value can be influenced by many factors that don't directly affect SLM Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SLM Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SLM Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SLM Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.