Synchrony Accounts Payable vs Total Current Liabilities Analysis

0LC3 Stock   66.78  0.08  0.12%   
Synchrony Financial financial indicator trend analysis is much more than just breaking down Synchrony Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Synchrony Financial is a good investment. Please check the relationship between Synchrony Financial Accounts Payable and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Synchrony Financial. 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.
For more information on how to buy Synchrony Stock please use our How to Invest in Synchrony Financial guide.

Accounts Payable vs Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Synchrony Financial Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Synchrony Financial's Accounts Payable and Total Current Liabilities is -0.15. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Synchrony Financial, assuming nothing else is changed. The correlation between historical values of Synchrony Financial's Accounts Payable and Total Current Liabilities 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 Synchrony Financial are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Synchrony Financial's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Synchrony Financial 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 Synchrony Financial 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 Liabilities

Total Current Liabilities is an item on Synchrony Financial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Synchrony Financial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Synchrony Financial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Synchrony Financial 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Synchrony Financial. 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.
For more information on how to buy Synchrony Stock please use our How to Invest in Synchrony Financial guide.Selling General Administrative is likely to drop to about 1.2 B in 2024. Tax Provision is likely to drop to about 786.7 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit10.3B11.8B4.4B4.2B
Total Revenue11.2B13.2B7.7B11.9B

Synchrony Financial fundamental ratios Correlations

0.3-0.790.60.280.210.65-0.080.30.480.650.27-0.851.00.30.28-0.170.540.090.73-0.77-0.79-0.08-0.63-0.22-0.72
0.30.28-0.020.740.890.23-0.830.750.8-0.380.870.130.250.750.78-0.78-0.550.820.64-0.68-0.670.0-0.56-0.15-0.55
-0.790.28-0.670.290.4-0.44-0.470.28-0.01-0.930.370.97-0.810.280.2-0.4-0.90.49-0.370.350.39-0.130.250.090.4
0.6-0.02-0.670.010.040.490.420.020.020.73-0.05-0.630.60.020.080.170.7-0.420.22-0.18-0.210.17-0.040.03-0.14
0.280.740.290.010.870.45-0.61.00.49-0.330.890.180.231.00.72-0.93-0.410.670.31-0.45-0.39-0.25-0.47-0.27-0.39
0.210.890.40.040.870.36-0.780.870.67-0.480.980.270.160.870.71-0.84-0.590.820.45-0.53-0.5-0.26-0.5-0.18-0.42
0.650.23-0.440.490.450.36-0.120.430.380.270.4-0.560.650.430.19-0.260.230.160.34-0.55-0.47-0.46-0.74-0.53-0.66
-0.08-0.83-0.470.42-0.6-0.78-0.12-0.61-0.790.67-0.83-0.3-0.05-0.61-0.460.690.77-0.96-0.550.650.610.270.620.230.52
0.30.750.280.021.00.870.43-0.610.51-0.310.890.170.251.00.74-0.93-0.40.670.34-0.47-0.41-0.23-0.46-0.26-0.39
0.480.8-0.010.020.490.670.38-0.790.51-0.180.69-0.180.450.510.54-0.59-0.350.720.84-0.87-0.85-0.14-0.75-0.15-0.69
0.65-0.38-0.930.73-0.33-0.480.270.67-0.31-0.18-0.49-0.850.67-0.31-0.120.440.97-0.690.18-0.1-0.150.30.050.11-0.09
0.270.870.37-0.050.890.980.4-0.830.890.69-0.490.220.230.890.69-0.85-0.580.880.48-0.59-0.56-0.37-0.59-0.28-0.49
-0.850.130.97-0.630.180.27-0.56-0.30.17-0.18-0.850.22-0.870.170.09-0.29-0.790.32-0.470.510.520.010.440.240.55
1.00.25-0.810.60.230.160.65-0.050.250.450.670.23-0.870.250.23-0.120.570.060.71-0.75-0.77-0.08-0.62-0.23-0.72
0.30.750.280.021.00.870.43-0.611.00.51-0.310.890.170.250.74-0.93-0.40.670.34-0.47-0.41-0.23-0.46-0.26-0.39
0.280.780.20.080.720.710.19-0.460.740.54-0.120.690.090.230.74-0.76-0.30.490.39-0.4-0.390.08-0.270.0-0.21
-0.17-0.78-0.40.17-0.93-0.84-0.260.69-0.93-0.590.44-0.85-0.29-0.12-0.93-0.760.54-0.74-0.40.460.430.150.420.130.36
0.54-0.55-0.90.7-0.41-0.590.230.77-0.4-0.350.97-0.58-0.790.57-0.4-0.30.54-0.780.00.050.010.210.150.060.02
0.090.820.49-0.420.670.820.16-0.960.670.72-0.690.880.320.060.670.49-0.74-0.780.5-0.6-0.58-0.39-0.61-0.27-0.54
0.730.64-0.370.220.310.450.34-0.550.340.840.180.48-0.470.710.340.39-0.40.00.5-0.9-0.960.09-0.670.07-0.77
-0.77-0.680.35-0.18-0.45-0.53-0.550.65-0.47-0.87-0.1-0.590.51-0.75-0.47-0.40.460.05-0.6-0.90.970.160.870.350.89
-0.79-0.670.39-0.21-0.39-0.5-0.470.61-0.41-0.85-0.15-0.560.52-0.77-0.41-0.390.430.01-0.58-0.960.970.090.810.20.88
-0.080.0-0.130.17-0.25-0.26-0.460.27-0.23-0.140.3-0.370.01-0.08-0.230.080.150.21-0.390.090.160.090.440.630.26
-0.63-0.560.25-0.04-0.47-0.5-0.740.62-0.46-0.750.05-0.590.44-0.62-0.46-0.270.420.15-0.61-0.670.870.810.440.60.93
-0.22-0.150.090.03-0.27-0.18-0.530.23-0.26-0.150.11-0.280.24-0.23-0.260.00.130.06-0.270.070.350.20.630.60.48
-0.72-0.550.4-0.14-0.39-0.42-0.660.52-0.39-0.69-0.09-0.490.55-0.72-0.39-0.210.360.02-0.54-0.770.890.880.260.930.48
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Synchrony Financial Account Relationship Matchups

Synchrony Financial fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets104.8B95.9B95.7B104.6B117.5B73.6B
Total Current Liabilities4.5B4.5B5.1B3.9B4.3B4.2B
Total Stockholder Equity15.1B12.7B13.7B12.9B13.9B26.3B
Net Debt9.1B4.3B6.2B3.9B1.7B3.2B
Cash10.8B11.5B8.3B10.3B14.3B10.4B
Non Current Assets Total92.7B84.4B87.4B94.3B103.2B84.1B
Non Currrent Assets Other1.3B82.2B37M92.4B101.4B106.5B
Other Assets(100.6B)(91.1B)(95.2B)(102.9B)(113.3B)(107.6B)
Cash And Short Term Investments12.1B11.5B8.3B10.3B14.3B10.5B
Good Will991M1.0B1.1B1.1B1.0B1.1B
Common Stock Shares Outstanding673.5M590.8M569.3M483.4M423.5M382.9M
Non Current Liabilities Total85.2B78.8B77.0B87.8B103.6B80.5B
Other Stockholder Equity2.3B1.4B(1.3B)(4.5B)(5.4B)(5.2B)
Total Liab89.7B83.2B82.1B91.7B103.6B63.2B
Total Current Assets12.1B11.5B8.3B10.3B14.3B10.5B
Intangible Assets1.3B1.1B1.2B742M815M956.7M
Short Long Term Debt Total19.9B15.8B14.5B14.2B16.0B11.7B
Liabilities And Stockholders Equity104.8B95.9B95.7B104.6B117.5B80.2B
Accumulated Other Comprehensive Income(58M)(51M)(69M)(125M)(68M)(64.6M)
Retained Earnings12.1B10.6B14.2B16.7B18.7B13.2B
Other Current Liab300M(369M)4.6B3.9B(6.2B)(6.5B)
Other Current Assets(12.1B)(11.5B)(8.3B)(10.3B)(14.3B)(13.5B)
Short Term Debt4.2B4.8B500M1.7B4.2B6.8B
Other Liab210M234M228M163M146.7M161.6M
Net Tangible Assets12.0B9.8B10.6B9.7B8.8B9.0B
Accounts Payable65.2B62.8B62.3B71.7B31M29.5M
Long Term Debt24.0B19.9B15.8B14.5B13.1B15.2B
Capital Surpluse9.5B9.5B9.6B9.7B11.1B10.5B
Treasury Stock(3.7B)(7.2B)(8.2B)(10.9B)(9.8B)(10.3B)
Earning Assets6.1B6.6B7.5B9.6B11.1B7.5B

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