Woolworths Accounts Payable vs Other Current Assets Analysis

WOW Stock

30.01 0.69 2.25%

Woolworths financial indicator trend analysis is more than just analyzing Woolworths current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Woolworths is a good investment. Please check the relationship between Woolworths Accounts Payable and its Other Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woolworths. 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 Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Woolworths Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.

The correlation between Woolworths' Accounts Payable and Other Current Assets is 0.07. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Woolworths, assuming nothing else is changed. The correlation between historical values of Woolworths' Accounts Payable and Other 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 Woolworths are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Woolworths' Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.07

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

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

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Most indicators from Woolworths' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Woolworths 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woolworths. 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.

At this time, Woolworths' Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 7.7 B in 2025, whereas Tax Provision is likely to drop slightly above 534.8 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	705M	740M	851M	893.6M
Depreciation And Amortization	2.6B	2.5B	2.8B	3.0B

Interest Expense Depreciation And Amortization

Woolworths fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.89	0.45	0.87	-0.05	0.95	0.1	0.89	0.66	0.71	0.6	0.97	-0.39	0.61	0.75	0.88	0.63	-0.32	0.88	0.39	0.31	-0.65	0.96	0.85	0.57	0.82
Short Long Term Debt Total	0.89		0.31	0.75	-0.36	0.98	0.32	1.0	0.64	0.47	0.5	0.94	-0.33	0.5	0.81	0.65	0.32	-0.48	0.98	0.08	0.17	-0.33	0.95	0.94	0.32	0.91
Other Current Liab	0.45	0.31		0.8	-0.44	0.3	0.13	0.32	-0.09	0.24	0.12	0.25	-0.37	0.12	0.01	0.31	0.22	-0.46	0.31	-0.05	0.97	-0.29	0.56	0.32	0.91	0.18
Total Current Liabilities	0.87	0.75	0.8		-0.31	0.78	0.13	0.75	0.37	0.52	0.43	0.74	-0.36	0.43	0.51	0.73	0.51	-0.43	0.72	0.18	0.71	-0.49	0.91	0.74	0.82	0.65
Total Stockholder Equity	-0.05	-0.36	-0.44	-0.31		-0.19	-0.58	-0.39	0.05	0.45	0.37	-0.07	0.02	0.37	-0.15	0.28	0.52	0.66	-0.39	0.8	-0.43	-0.52	-0.34	-0.41	-0.08	-0.2
Property Plant And Equipment Net	0.95	0.98	0.3	0.78	-0.19		0.22	0.97	0.71	0.58	0.56	0.98	-0.28	0.56	0.84	0.77	0.48	-0.39	0.96	0.24	0.15	-0.47	0.95	0.93	0.37	0.9
Current Deferred Revenue	0.1	0.32	0.13	0.13	-0.58	0.22		0.34	0.0	-0.16	-0.21	0.19	-0.06	-0.21	0.14	0.0	-0.19	-0.87	0.37	-0.5	0.05	0.24	0.26	0.35	-0.14	0.09
Net Debt	0.89	1.0	0.32	0.75	-0.39	0.97	0.34		0.65	0.45	0.46	0.93	-0.32	0.46	0.81	0.63	0.3	-0.5	0.99	0.05	0.18	-0.31	0.95	0.94	0.31	0.9
Retained Earnings	0.66	0.64	-0.09	0.37	0.05	0.71	0.0	0.65		0.49	0.18	0.74	0.1	0.19	0.88	0.64	0.44	-0.08	0.68	0.32	-0.22	-0.43	0.61	0.79	0.01	0.49
Accounts Payable	0.71	0.47	0.24	0.52	0.45	0.58	-0.16	0.45	0.49		0.79	0.67	-0.32	0.79	0.44	0.82	0.82	0.03	0.45	0.83	0.07	-0.75	0.55	0.43	0.52	0.48
Cash	0.6	0.5	0.12	0.43	0.37	0.56	-0.21	0.46	0.18	0.79		0.6	-0.46	1.0	0.31	0.58	0.57	0.14	0.42	0.65	-0.01	-0.52	0.47	0.29	0.39	0.7
Non Current Assets Total	0.97	0.94	0.25	0.74	-0.07	0.98	0.19	0.93	0.74	0.67	0.6		-0.35	0.6	0.83	0.83	0.54	-0.33	0.94	0.34	0.1	-0.57	0.93	0.89	0.36	0.87
Non Currrent Assets Other	-0.39	-0.33	-0.37	-0.36	0.02	-0.28	-0.06	-0.32	0.1	-0.32	-0.46	-0.35		-0.46	0.09	-0.22	-0.02	0.21	-0.34	-0.06	-0.36	0.32	-0.38	-0.1	-0.42	-0.39
Cash And Short Term Investments	0.61	0.5	0.12	0.43	0.37	0.56	-0.21	0.46	0.19	0.79	1.0	0.6	-0.46		0.31	0.59	0.57	0.14	0.42	0.65	-0.01	-0.52	0.47	0.29	0.39	0.7
Net Receivables	0.75	0.81	0.01	0.51	-0.15	0.84	0.14	0.81	0.88	0.44	0.31	0.83	0.09	0.31		0.63	0.39	-0.23	0.82	0.2	-0.14	-0.36	0.74	0.89	0.06	0.69
Common Stock Total Equity	0.88	0.65	0.31	0.73	0.28	0.77	0.0	0.63	0.64	0.82	0.58	0.83	-0.22	0.59	0.63		0.85	-0.13	0.62	0.62	0.17	-0.77	0.75	0.66	0.51	0.59
Common Stock Shares Outstanding	0.63	0.32	0.22	0.51	0.52	0.48	-0.19	0.3	0.44	0.82	0.57	0.54	-0.02	0.57	0.39	0.85		0.1	0.28	0.8	0.1	-0.74	0.44	0.34	0.49	0.3
Short Term Investments	-0.32	-0.48	-0.46	-0.43	0.66	-0.39	-0.87	-0.5	-0.08	0.03	0.14	-0.33	0.21	0.14	-0.23	-0.13	0.1		-0.53	0.44	-0.39	-0.06	-0.49	-0.49	-0.21	-0.2
Non Current Liabilities Total	0.88	0.98	0.31	0.72	-0.39	0.96	0.37	0.99	0.68	0.45	0.42	0.94	-0.34	0.42	0.82	0.62	0.28	-0.53		0.03	0.17	-0.33	0.94	0.95	0.29	0.86
Inventory	0.39	0.08	-0.05	0.18	0.8	0.24	-0.5	0.05	0.32	0.83	0.65	0.34	-0.06	0.65	0.2	0.62	0.8	0.44	0.03		-0.14	-0.75	0.14	0.03	0.34	0.16
Other Current Assets	0.31	0.17	0.97	0.71	-0.43	0.15	0.05	0.18	-0.22	0.07	-0.01	0.1	-0.36	-0.01	-0.14	0.17	0.1	-0.39	0.17	-0.14		-0.2	0.42	0.16	0.87	0.06
Other Stockholder Equity	-0.65	-0.33	-0.29	-0.49	-0.52	-0.47	0.24	-0.31	-0.43	-0.75	-0.52	-0.57	0.32	-0.52	-0.36	-0.77	-0.74	-0.06	-0.33	-0.75	-0.2		-0.47	-0.29	-0.56	-0.25
Total Liab	0.96	0.95	0.56	0.91	-0.34	0.95	0.26	0.95	0.61	0.55	0.47	0.93	-0.38	0.47	0.74	0.75	0.44	-0.49	0.94	0.14	0.42	-0.47		0.92	0.57	0.83
Property Plant And Equipment Gross	0.85	0.94	0.32	0.74	-0.41	0.93	0.35	0.94	0.79	0.43	0.29	0.89	-0.1	0.29	0.89	0.66	0.34	-0.49	0.95	0.03	0.16	-0.29	0.92		0.27	0.77
Total Current Assets	0.57	0.32	0.91	0.82	-0.08	0.37	-0.14	0.31	0.01	0.52	0.39	0.36	-0.42	0.39	0.06	0.51	0.49	-0.21	0.29	0.34	0.87	-0.56	0.57	0.27		0.26
Short Term Debt	0.82	0.91	0.18	0.65	-0.2	0.9	0.09	0.9	0.49	0.48	0.7	0.87	-0.39	0.7	0.69	0.59	0.3	-0.2	0.86	0.16	0.06	-0.25	0.83	0.77	0.26

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Woolworths Account Relationship Matchups

Woolworths fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	39.2B	33.3B	37.2B	33.9B	39.0B	41.0B
Short Long Term Debt Total	14.9B	16.8B	15.7B	16.7B	19.2B	20.2B
Other Current Liab	16.1B	3.2B	3.4B	3.9B	4.5B	2.5B
Total Current Liabilities	23.1B	10.8B	11.9B	12.8B	14.7B	15.5B
Total Stockholder Equity	1.4B	6.0B	6.4B	5.4B	6.2B	5.4B
Property Plant And Equipment Net	17.0B	18.2B	18.3B	19.3B	22.2B	23.3B
Current Deferred Revenue	364M	436M	491M	485M	436.5M	458.3M
Net Debt	13.9B	15.7B	14.6B	15.4B	17.7B	18.6B
Retained Earnings	3.1B	8.2B	8.6B	7.4B	8.5B	9.0B
Accounts Payable	4.8B	5.2B	5.6B	5.8B	6.7B	3.6B
Cash	1.0B	1.0B	1.1B	1.3B	1.5B	761.7M
Non Current Assets Total	23.5B	27.2B	30.8B	26.9B	31.0B	32.5B
Non Currrent Assets Other	(2.8B)	(2.8B)	(3.1B)	336M	302.4M	317.5M
Cash And Short Term Investments	1.0B	1.0B	1.1B	1.3B	1.5B	775.3M
Net Receivables	480M	856M	1.0B	1.1B	1.2B	1.3B
Common Stock Shares Outstanding	1.3B	1.2B	1.2B	1.2B	1.4B	1.3B
Short Term Investments	12M	(62M)	(11M)	(3M)	(3.5M)	(3.3M)
Liabilities And Stockholders Equity	39.2B	33.3B	37.2B	33.9B	39.0B	41.0B
Non Current Liabilities Total	14.4B	16.4B	18.7B	15.5B	17.9B	18.8B
Inventory	3.1B	3.6B	3.7B	4.2B	4.8B	3.1B
Other Current Assets	11.2B	629M	526M	444M	510.6M	827.0M
Other Stockholder Equity	(213M)	(172M)	(150M)	(61M)	(54.9M)	(52.2M)
Total Liab	37.5B	27.2B	30.6B	28.4B	32.6B	34.3B
Property Plant And Equipment Gross	33.0B	35.6B	37.4B	40.2B	46.2B	48.5B
Total Current Assets	15.8B	6.1B	6.4B	7.0B	8.0B	5.2B
Accumulated Other Comprehensive Income	(7.0B)	(7.4B)	(7.6B)	(7.6B)	(6.8B)	(6.5B)
Short Term Debt	1.6B	1.9B	2.1B	2.3B	2.7B	2.8B
Intangible Assets	4.7B	5.3B	5.7B	2.4B	2.8B	2.8B
Common Stock	5.5B	5.4B	5.6B	5.7B	6.5B	6.8B
Good Will	2.9B	3.2B	3.5B	2.5B	2.8B	2.4B
Other Liab	1.2B	1.1B	1.6B	1.6B	1.8B	1.2B
Other Assets	1.7B	1.7B	60.4B	1.9B	2.2B	3.6B
Long Term Debt	2.8B	3.9B	3.3B	3.9B	4.4B	3.0B
Property Plant Equipment	20.8B	17.0B	18.2B	16.8B	19.3B	20.2B
Net Tangible Assets	1.0B	(3.3B)	702M	732M	658.8M	625.9M
Long Term Investments	125M	1.8B	1.2B	641M	737.2M	472.4M
Short Long Term Debt	119M	354M	466M	712M	640.8M	1.0B
Long Term Debt Total	15.1B	13.3B	14.8B	13.6B	15.7B	8.8B

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