Sysco Payables Turnover vs Roic Analysis

SYY Stock  USD 76.97  0.42  0.55%   
Sysco financial indicator trend analysis is much more than just breaking down Sysco prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sysco is a good investment. Please check the relationship between Sysco Payables Turnover and its Roic accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.

Payables Turnover vs Roic

Payables Turnover vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sysco Payables Turnover account and Roic. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sysco's Payables Turnover and Roic is -0.63. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Roic in the same time period over historical financial statements of Sysco, assuming nothing else is changed. The correlation between historical values of Sysco's Payables Turnover and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Sysco are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Payables Turnover i.e., Sysco's Payables Turnover and Roic go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.
Most indicators from Sysco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sysco 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 Sysco. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.At this time, Sysco's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 14.50 in 2024, whereas Selling General Administrative is likely to drop slightly above 5.1 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue68.6B76.3B78.8B82.8B
Depreciation And Amortization881.7M889.2M994M1.0B

Sysco fundamental ratios Correlations

0.930.960.92-0.180.960.890.940.270.960.820.270.9-0.920.90.950.88-0.930.970.940.180.910.710.740.710.71
0.930.880.83-0.480.820.90.780.390.880.690.390.71-0.910.960.840.86-0.920.980.880.160.830.770.520.640.48
0.960.880.92-0.260.920.920.90.070.960.790.070.94-0.930.870.980.94-0.940.950.840.090.970.790.660.680.63
0.920.830.92-0.110.860.790.820.250.860.80.250.85-0.780.720.890.82-0.790.880.880.440.870.650.630.670.6
-0.18-0.48-0.26-0.11-0.03-0.530.050.03-0.270.00.03-0.010.43-0.52-0.18-0.460.42-0.4-0.050.29-0.31-0.620.38-0.140.42
0.960.820.920.86-0.030.850.970.090.960.890.090.94-0.880.840.960.85-0.90.90.850.050.910.670.80.790.76
0.890.90.920.79-0.530.850.79-0.040.960.76-0.040.83-0.960.950.910.96-0.970.950.7-0.130.950.930.460.750.41
0.940.780.90.820.050.970.790.120.920.810.120.93-0.870.790.910.78-0.880.860.840.060.850.620.870.670.85
0.270.390.070.250.030.09-0.040.120.0-0.021.0-0.12-0.060.210.0-0.06-0.070.240.570.65-0.1-0.190.2-0.110.24
0.960.880.960.86-0.270.960.960.920.00.840.00.94-0.960.910.970.93-0.970.960.79-0.040.970.840.670.780.63
0.820.690.790.80.00.890.760.81-0.020.84-0.020.82-0.740.670.870.8-0.750.770.70.110.830.570.630.850.56
0.270.390.070.250.030.09-0.040.121.00.0-0.02-0.12-0.060.210.0-0.06-0.070.240.570.65-0.1-0.190.2-0.110.24
0.90.710.940.85-0.010.940.830.93-0.120.940.82-0.12-0.840.750.960.86-0.860.840.74-0.020.940.70.760.740.72
-0.92-0.91-0.93-0.780.43-0.88-0.96-0.87-0.06-0.96-0.74-0.06-0.84-0.95-0.91-0.921.0-0.95-0.760.1-0.92-0.85-0.61-0.63-0.58
0.90.960.870.72-0.520.840.950.790.210.910.670.210.75-0.950.850.89-0.960.960.79-0.110.860.820.520.660.48
0.950.840.980.89-0.180.960.910.910.00.970.870.00.96-0.910.850.94-0.920.930.810.010.980.740.690.760.65
0.880.860.940.82-0.460.850.960.78-0.060.930.8-0.060.86-0.920.890.94-0.930.930.71-0.090.970.840.470.730.41
-0.93-0.92-0.94-0.790.42-0.9-0.97-0.88-0.07-0.97-0.75-0.07-0.861.0-0.96-0.92-0.93-0.96-0.780.1-0.93-0.86-0.63-0.68-0.58
0.970.980.950.88-0.40.90.950.860.240.960.770.240.84-0.950.960.930.93-0.960.880.090.920.810.60.710.56
0.940.880.840.88-0.050.850.70.840.570.790.70.570.74-0.760.790.810.71-0.780.880.410.730.470.740.550.73
0.180.160.090.440.290.05-0.130.060.65-0.040.110.65-0.020.1-0.110.01-0.090.10.090.41-0.07-0.180.17-0.050.18
0.910.830.970.87-0.310.910.950.85-0.10.970.83-0.10.94-0.920.860.980.97-0.930.920.73-0.070.830.580.770.53
0.710.770.790.65-0.620.670.930.62-0.190.840.57-0.190.7-0.850.820.740.84-0.860.810.47-0.180.830.280.660.22
0.740.520.660.630.380.80.460.870.20.670.630.20.76-0.610.520.690.47-0.630.60.740.170.580.280.410.98
0.710.640.680.67-0.140.790.750.67-0.110.780.85-0.110.74-0.630.660.760.73-0.680.710.55-0.050.770.660.410.3
0.710.480.630.60.420.760.410.850.240.630.560.240.72-0.580.480.650.41-0.580.560.730.180.530.220.980.3
Click cells to compare fundamentals

Sysco Account Relationship Matchups

Sysco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.6B21.4B22.1B22.8B24.9B26.2B
Short Long Term Debt Total15.1B11.8B11.4B11.2B12.9B13.6B
Other Current Liab1.6B1.7B2.2B2.2B2.1B2.2B
Total Current Liabilities6.7B7.3B8.8B8.5B9.2B9.7B
Total Stockholder Equity1.2B1.6B1.4B2.0B1.9B2.5B
Property Plant And Equipment Net5.1B5.0B5.2B5.6B6.4B6.7B
Net Debt9.0B8.8B10.5B10.4B12.2B12.9B
Retained Earnings10.6B10.2B10.5B11.3B12.3B12.9B
Cash6.1B3.0B867.1M745.2M696M834.3M
Non Current Assets Total10.3B10.7B11.6B12.2B13.9B14.6B
Non Currrent Assets Other384.4M528.8M485.9M419.3M662M695.1M
Cash And Short Term Investments6.1B3.0B867.1M745.2M696M835.0M
Net Receivables3.0B3.8B4.9B5.1B5.3B5.6B
Common Stock Shares Outstanding514.0M513.6M514.0M509.7M503.1M505.0M
Liabilities And Stockholders Equity22.6B21.4B22.1B22.8B24.9B26.2B
Non Current Liabilities Total14.7B12.5B11.9B12.2B13.8B14.5B
Inventory3.1B3.7B4.4B4.5B4.7B4.9B
Other Current Assets192.2M241.0M339.7M290.4M323M339.2M
Other Stockholder Equity(8.5B)(8.2B)(8.4B)(8.8B)(9.8B)(9.3B)
Total Liab21.4B19.8B20.7B20.8B23.0B24.2B
Total Current Assets12.3B10.7B10.5B10.6B11.0B11.6B
Short Term Debt1.7B700.2M792.0M260.6M719M380.4M
Accounts Payable3.4B4.9B5.8B6.0B6.3B6.6B
Intangible Assets780.2M746.1M952.7M859.5M1.2B1.2B
Property Plant And Equipment Gross5.1B5.0B5.2B5.6B13.9B14.6B
Accumulated Other Comprehensive Income(1.7B)(1.1B)(1.5B)(1.3B)(1.3B)(1.3B)
Long Term Debt12.8B10.6B10.1B10.3B11.5B12.1B
Good Will3.7B3.9B4.5B4.6B5.2B2.7B
Treasury Stock(9.3B)(10.0B)(9.8B)(10.2B)(9.2B)(8.7B)
Property Plant Equipment5.1B5.0B5.2B5.6B6.5B3.8B
Current Deferred Revenue80.8M194.1M393.3M131M117.9M224.0M
Other Liab1.2B1.3B1.3B1.2B1.4B965.2M
Net Tangible Assets(3.4B)(3.1B)(4.1B)(3.5B)(3.1B)(3.0B)
Retained Earnings Total Equity10.6B10.2B10.5B11.3B13.0B10.3B
Long Term Debt Total12.9B10.6B10.1B10.3B11.9B7.0B
Capital Surpluse1.5B1.6B1.8B1.8B2.1B1.4B

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