Postal Other Current Liab vs Accounts Payable Analysis

601658 Stock   5.31  0.03  0.56%   
Postal Savings financial indicator trend analysis is much more than just breaking down Postal Savings Bank prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Postal Savings Bank is a good investment. Please check the relationship between Postal Savings Other Current Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Postal Savings Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Postal Savings Bank Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Postal Savings' Other Current Liab and Accounts Payable is -0.53. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Postal Savings Bank, assuming nothing else is changed. The correlation between historical values of Postal Savings' Other Current Liab and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Liab of Postal Savings Bank are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Other Current Liab i.e., Postal Savings' Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Postal Savings 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 Postal Savings Bank 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.
Most indicators from Postal Savings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Postal Savings Bank 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 Postal Savings Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of November 29, 2024, Tax Provision is expected to decline to about 4.2 B. In addition to that, Selling General Administrative is expected to decline to about 33.2 M
 2021 2022 2023 2024 (projected)
Net Interest Income269.4B273.6B281.8B261.0B
Tax Provision4.9B6.0B5.2B4.2B

Postal Savings fundamental ratios Correlations

-0.531.00.990.860.990.741.0-0.10.990.02-0.56-0.590.931.00.960.950.960.960.970.950.990.89-0.680.880.94
-0.53-0.52-0.51-0.22-0.55-0.4-0.530.6-0.50.610.190.66-0.63-0.53-0.59-0.34-0.56-0.58-0.52-0.62-0.58-0.570.41-0.6-0.61
1.0-0.520.980.840.990.711.0-0.040.990.03-0.52-0.550.911.00.950.960.970.960.960.930.990.86-0.660.850.92
0.99-0.510.980.890.990.790.99-0.140.990.02-0.53-0.590.920.990.970.930.930.930.990.930.970.84-0.580.870.92
0.86-0.220.840.890.870.760.850.010.860.36-0.39-0.380.790.850.790.870.750.80.90.820.820.69-0.370.790.79
0.99-0.550.990.990.870.760.99-0.080.990.02-0.48-0.540.910.990.960.940.960.940.970.920.980.83-0.60.850.91
0.74-0.40.710.790.760.760.72-0.350.78-0.02-0.3-0.480.730.740.810.620.670.560.790.680.640.59-0.370.710.67
1.0-0.531.00.990.850.990.72-0.060.990.02-0.52-0.560.911.00.960.950.960.960.970.930.990.86-0.650.850.92
-0.10.6-0.04-0.140.01-0.08-0.35-0.06-0.120.750.110.78-0.26-0.1-0.280.170.02-0.11-0.21-0.28-0.07-0.17-0.03-0.29-0.17
0.99-0.50.990.990.860.990.780.99-0.12-0.02-0.5-0.590.890.990.980.930.930.920.980.910.960.81-0.580.830.89
0.020.610.030.020.360.02-0.020.020.75-0.02-0.020.62-0.010.02-0.190.270.06-0.01-0.02-0.040.00.03-0.070.020.03
-0.560.19-0.52-0.53-0.39-0.48-0.3-0.520.11-0.5-0.020.48-0.7-0.56-0.48-0.59-0.52-0.56-0.44-0.61-0.55-0.690.62-0.69-0.69
-0.590.66-0.55-0.59-0.38-0.54-0.48-0.560.78-0.590.620.48-0.65-0.59-0.7-0.38-0.44-0.63-0.63-0.72-0.58-0.630.39-0.66-0.62
0.93-0.630.910.920.790.910.730.91-0.260.89-0.01-0.7-0.650.930.870.880.90.910.880.970.930.94-0.720.980.99
1.0-0.531.00.990.850.990.741.0-0.10.990.02-0.56-0.590.930.960.950.960.960.970.950.990.89-0.680.880.95
0.96-0.590.950.970.790.960.810.96-0.280.98-0.19-0.48-0.70.870.960.850.890.890.970.90.930.8-0.570.820.86
0.95-0.340.960.930.870.940.620.950.170.930.27-0.59-0.380.880.950.850.930.920.890.890.950.86-0.690.840.92
0.96-0.560.970.930.750.960.670.960.020.930.06-0.52-0.440.90.960.890.930.910.890.880.960.87-0.750.820.91
0.96-0.580.960.930.80.940.560.96-0.110.92-0.01-0.56-0.630.910.960.890.920.910.920.970.990.9-0.670.880.94
0.97-0.520.960.990.90.970.790.97-0.210.98-0.02-0.44-0.630.880.970.970.890.890.920.920.940.79-0.50.840.88
0.95-0.620.930.930.820.920.680.93-0.280.91-0.04-0.61-0.720.970.950.90.890.880.970.920.950.94-0.690.950.98
0.99-0.580.990.970.820.980.640.99-0.070.960.0-0.55-0.580.930.990.930.950.960.990.940.950.9-0.690.880.95
0.89-0.570.860.840.690.830.590.86-0.170.810.03-0.69-0.630.940.890.80.860.870.90.790.940.9-0.870.940.97
-0.680.41-0.66-0.58-0.37-0.6-0.37-0.65-0.03-0.58-0.070.620.39-0.72-0.68-0.57-0.69-0.75-0.67-0.5-0.69-0.69-0.87-0.67-0.76
0.88-0.60.850.870.790.850.710.85-0.290.830.02-0.69-0.660.980.880.820.840.820.880.840.950.880.94-0.670.98
0.94-0.610.920.920.790.910.670.92-0.170.890.03-0.69-0.620.990.950.860.920.910.940.880.980.950.97-0.760.98
Click cells to compare fundamentals

Postal Savings Account Relationship Matchups

Postal Savings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.2T11.4T12.6T14.1T15.7T12.5T
Other Current Liab12.9B10.5B4.3B2.9B2.6B2.5B
Total Current Liabilities9.6T10.6T11.7T13.1T15.1T11.0T
Total Stockholder Equity543.9B671.8B794.1B824.2B954.9B693.1B
Other Liab30.8B31.7B49.3B38.5B44.3B34.9B
Net Tangible Assets493.9B621.6B744.1B818.8B941.6B600.9B
Retained Earnings310.0B353.3B406.3B462.5B249.3B339.9B
Accounts Payable9.4T10.4T11.5T12.8T14.7T10.8T
Cash1.5T1.5T1.6T1.7T1.8T1.3T
Other Assets4.9T5.6T6.3T7.1T8.1T5.5T
Net Receivables4.6B5.4B7.2B7.7B6.9B5.5B
Inventory763M626M668M655M589.5M533.4M
Other Current Assets1.1T1.1T1.1T1.2T1.1T942.0B
Other Stockholder Equity5.8B86.2B125.5B147.3B169.4B177.9B
Total Liab9.7T10.7T11.8T13.2T14.8T11.8T
Long Term Investments3.7T3.9T4.4T5.0T5.4T4.0T
Total Current Assets1.9T2.2T2.6T2.8T3.3T2.5T
Intangible Assets2.1B4.3B4.1B7.3B7.8B4.2B
Property Plant Equipment57.6B61.0B67.2B65.7B75.6B59.7B
Net Invested Capital593.0B681.9B827.6B926.1B1.2T818.0B
Deferred Long Term Liab1.2B1.3B2.6B4.3B4.9B5.2B
Capital Stock134.1B134.8B140.3B92.4B99.2B97.3B

Currently Active Assets on Macroaxis

Other Information on Investing in Postal Stock

Balance Sheet is a snapshot of the financial position of Postal Savings Bank at a specified time, usually calculated after every quarter, six months, or one year. Postal Savings Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Postal Savings and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Postal currently owns. An asset can also be divided into two categories, current and non-current.