Godrej Accounts Payable vs Total Current Assets Analysis

GODREJCP   1,257  9.80  0.79%   
Godrej Consumer financial indicator trend analysis is much more than just examining Godrej Consumer Products latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godrej Consumer Products is a good investment. Please check the relationship between Godrej Consumer Accounts Payable and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godrej Consumer Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in consumer price index.

Accounts Payable vs Total Current Assets

Accounts Payable vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godrej Consumer Products Accounts Payable account and Total Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Godrej Consumer's Accounts Payable and Total Current Assets is 0.7. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Godrej Consumer Products, assuming nothing else is changed. The correlation between historical values of Godrej Consumer's Accounts Payable and Total 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 Godrej Consumer Products are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Accounts Payable i.e., Godrej Consumer's Accounts Payable and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Godrej Consumer 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 Godrej Consumer Products 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 Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Godrej Consumer's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godrej Consumer Products 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godrej Consumer Products. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in consumer price index.
At present, Godrej Consumer's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Interest Expense1.8B2.8B3.5B3.7B
Depreciation And Amortization2.4B2.4B2.3B1.2B

Godrej Consumer fundamental ratios Correlations

0.560.520.730.840.990.480.850.21.00.680.780.670.610.010.820.90.720.820.550.850.910.370.920.660.79
0.560.650.540.190.490.850.630.620.550.330.580.640.170.650.470.540.950.460.370.230.180.650.570.270.48
0.520.650.430.30.490.510.360.520.510.350.470.740.210.290.460.310.620.430.310.120.290.310.610.420.32
0.730.540.430.820.760.790.610.090.720.910.950.560.85-0.110.520.670.610.940.940.640.650.290.610.460.95
0.840.190.30.820.870.380.61-0.090.840.870.840.520.86-0.370.640.730.370.910.740.820.930.10.740.620.87
0.990.490.490.760.870.450.830.120.980.730.790.610.67-0.090.810.890.660.850.590.880.930.270.90.630.8
0.480.850.510.790.380.450.50.380.470.620.780.560.510.40.320.460.790.670.710.230.20.530.450.220.7
0.850.630.360.610.610.830.50.450.840.470.660.650.340.330.90.930.820.70.320.790.670.470.880.40.64
0.20.620.520.09-0.090.120.380.450.19-0.040.20.67-0.260.790.510.230.620.16-0.16-0.07-0.10.570.430.110.03
1.00.550.510.720.840.980.470.840.190.660.770.660.590.00.810.90.710.80.540.860.920.370.920.660.79
0.680.330.350.910.870.730.620.47-0.040.660.910.460.97-0.230.420.570.440.950.880.570.70.210.540.520.9
0.780.580.470.950.840.790.780.660.20.770.910.680.83-0.020.590.680.650.960.850.630.680.360.710.540.91
0.670.640.740.560.520.610.560.650.670.660.460.680.30.340.750.510.690.640.340.390.450.330.80.620.51
0.610.170.210.850.860.670.510.34-0.260.590.970.830.3-0.40.280.490.270.880.890.560.690.060.420.510.87
0.010.650.29-0.11-0.37-0.090.40.330.790.0-0.23-0.020.34-0.40.230.150.62-0.09-0.33-0.26-0.350.660.2-0.16-0.12
0.820.470.460.520.640.810.320.90.510.810.420.590.750.280.230.830.670.670.230.720.70.320.920.460.54
0.90.540.310.670.730.890.460.930.230.90.570.680.510.490.150.830.740.750.440.870.80.480.860.410.75
0.720.950.620.610.370.660.790.820.620.710.440.650.690.270.620.670.740.60.390.440.390.70.730.350.6
0.820.460.430.940.910.850.670.70.160.80.950.960.640.88-0.090.670.750.60.820.710.770.30.750.550.93
0.550.370.310.940.740.590.710.32-0.160.540.880.850.340.89-0.330.230.440.390.820.490.550.130.350.410.89
0.850.230.120.640.820.880.230.79-0.070.860.570.630.390.56-0.260.720.870.440.710.490.90.080.740.520.73
0.910.180.290.650.930.930.20.67-0.10.920.70.680.450.69-0.350.70.80.390.770.550.90.110.790.650.76
0.370.650.310.290.10.270.530.470.570.370.210.360.330.060.660.320.480.70.30.130.080.110.39-0.040.35
0.920.570.610.610.740.90.450.880.430.920.540.710.80.420.20.920.860.730.750.350.740.790.390.550.63
0.660.270.420.460.620.630.220.40.110.660.520.540.620.51-0.160.460.410.350.550.410.520.65-0.040.550.55
0.790.480.320.950.870.80.70.640.030.790.90.910.510.87-0.120.540.750.60.930.890.730.760.350.630.55
Click cells to compare fundamentals

Godrej Consumer Account Relationship Matchups

Godrej Consumer fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets142.8B161.3B175.0B185.0B196.7B100.9B
Short Long Term Debt Total18.6B17.0B11.3B32.2B40.0B21.5B
Other Current Liab7.0B5.0B5.2B6.5B8.2B5.0B
Total Current Liabilities41.4B39.7B32.9B55.9B69.3B72.8B
Total Stockholder Equity94.4B115.6B137.9B126.0B120.0B126.0B
Property Plant And Equipment Net13.5B14.9B15.8B15.2B19.0B9.7B
Net Debt13.4B9.5B7.7B28.2B35.5B37.3B
Accounts Payable20.1B21.6B18.2B16.8B21.4B13.4B
Cash5.2B7.5B3.6B4.0B4.5B5.4B
Non Current Assets Total98.1B104.5B116.9B129.3B123.3B66.3B
Cash And Short Term Investments13.2B19.4B26.2B22.7B36.5B38.3B
Net Receivables10.1B11.6B12.5B15.6B18.2B19.1B
Common Stock Shares Outstanding1.0B1.0B1.0B1.0B1.0B1.0B
Short Term Investments8.0B11.9B22.7B18.7B31.2B32.7B
Liabilities And Stockholders Equity142.8B161.3B175.0B185.0B196.7B100.9B
Non Current Liabilities Total7.1B6.1B4.1B3.1B7.3B7.0B
Inventory17.2B21.3B15.4B12.7B14.2B11.0B
Other Current Assets4.1B4.5B4.3B4.7B4.5B2.6B
Total Liab48.4B45.8B37.0B59.0B76.7B43.4B
Total Current Assets44.7B56.9B58.1B55.6B73.4B77.0B
Accumulated Other Comprehensive Income2.3B6.0B11.6B125.0B143.7B150.9B
Short Term Debt13.5B12.6B8.9B32.1B39.1B41.1B
Common Stock1.0B1.0B1.0B1.0B1.0B611.5M
Retained Earnings76.9B94.3B111.0B100.1B92.5B50.1B
Non Currrent Assets Other1.5B2.1B1.7B6.3B2.8B3.1B
Good Will51.3B53.8B58.2B50.3B51.5B36.1B
Other Stockholder Equity16.4B20.3B26.0B24.8B26.4B16.1B
Intangible Assets24.8B24.7B25.8B39.6B40.1B42.1B
Current Deferred Revenue5.8B4.3B3.6B584.6M526.1M499.8M
Other Liab4.1B3.3B1.6B1.6B1.9B1.8B
Net Tangible Assets(2.1B)(774.9M)18.3B37.1B42.6B44.8B
Other Assets8.2B9.4B7.3B1.04.1B5.0B
Long Term Debt26.0B21.5B4.8B3.8B1.9B0.0
Short Long Term Debt2.8B12.3B8.4B31.5B38.8B40.8B
Property Plant Equipment13.5B14.9B15.8B15.2B19.0B13.7B
Long Term Debt Total5.5B4.5B2.5B358.3M922.6M876.5M
Capital Surpluse14.2B14.2B14.3B14.5B14.6B15.7B
Non Current Liabilities Other68.8M22.9M15.7M7.1M246.3M258.6M
Cash And Equivalents811.6M746.3M512.6M896.7M1.0B1.5B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Godrej Stock

Balance Sheet is a snapshot of the financial position of Godrej Consumer Products at a specified time, usually calculated after every quarter, six months, or one year. Godrej Consumer Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Godrej Consumer 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 Godrej currently owns. An asset can also be divided into two categories, current and non-current.