Maruti Net Receivables vs Accounts Payable Analysis

MARUTI Stock   11,074  124.35  1.14%   
Maruti Suzuki financial indicator trend analysis is infinitely more than just investigating Maruti Suzuki India recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maruti Suzuki India is a good investment. Please check the relationship between Maruti Suzuki Net Receivables and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maruti Suzuki India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Maruti Suzuki India Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Maruti Suzuki's Net Receivables and Accounts Payable is 0.63. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Maruti Suzuki India, assuming nothing else is changed. The correlation between historical values of Maruti Suzuki's Net Receivables 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 Net Receivables of Maruti Suzuki India 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 Net Receivables i.e., Maruti Suzuki's Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Maruti Suzuki 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 Maruti Suzuki India 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 Maruti Suzuki's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maruti Suzuki India 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maruti Suzuki India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
The current year's Selling General Administrative is expected to grow to about 66.5 B. The current year's Tax Provision is expected to grow to about 41.3 B
 2021 2022 2023 2024 (projected)
Gross Profit157.4B264.0B408.1B428.5B
Total Revenue851.7B1.1T1.4T1.5T

Maruti Suzuki fundamental ratios Correlations

-0.450.80.991.00.94-0.570.980.440.990.870.390.630.840.170.950.960.79-0.020.990.80.840.610.580.86-0.34
-0.45-0.22-0.41-0.46-0.350.56-0.4-0.1-0.51-0.350.24-0.11-0.320.37-0.42-0.45-0.220.21-0.42-0.07-0.32-0.52-0.52-0.450.95
0.8-0.220.810.80.74-0.590.770.590.770.930.510.360.60.260.670.720.960.170.80.770.60.220.320.65-0.1
0.99-0.410.810.980.94-0.560.990.450.980.840.390.620.840.170.90.970.80.131.00.790.840.570.570.82-0.29
1.0-0.460.80.980.94-0.570.970.440.990.870.390.640.830.170.960.960.79-0.050.990.790.840.610.580.86-0.35
0.94-0.350.740.940.94-0.640.940.590.920.80.450.540.940.160.890.940.690.110.940.820.940.420.320.69-0.31
-0.570.56-0.59-0.56-0.57-0.64-0.53-0.88-0.55-0.57-0.30.07-0.510.08-0.49-0.56-0.51-0.07-0.56-0.52-0.51-0.170.03-0.320.54
0.98-0.40.770.990.970.94-0.530.420.970.80.350.630.860.130.90.970.740.140.990.760.860.590.550.81-0.29
0.44-0.10.590.450.440.59-0.880.420.380.50.51-0.150.450.110.370.420.490.210.450.60.46-0.09-0.330.12-0.1
0.99-0.510.770.980.990.92-0.550.970.380.850.270.650.810.060.940.960.75-0.050.980.710.810.630.620.87-0.39
0.87-0.350.930.840.870.8-0.570.80.50.850.370.530.670.140.780.790.91-0.010.850.730.680.320.440.75-0.24
0.390.240.510.390.390.45-0.30.350.510.270.370.070.410.90.420.260.540.190.40.860.410.12-0.010.210.23
0.63-0.110.360.620.640.540.070.63-0.150.650.530.070.450.160.620.650.45-0.130.630.410.450.570.620.79-0.04
0.84-0.320.60.840.830.94-0.510.860.450.810.670.410.450.140.810.850.560.150.850.761.00.330.310.5-0.35
0.170.370.260.170.170.160.080.130.110.060.140.90.160.140.230.040.350.110.180.650.140.160.080.190.36
0.95-0.420.670.90.960.89-0.490.90.370.940.780.420.620.810.230.860.66-0.180.920.770.810.680.530.84-0.34
0.96-0.450.720.970.960.94-0.560.970.420.960.790.260.650.850.040.860.710.070.970.710.850.560.550.79-0.33
0.79-0.220.960.80.790.69-0.510.740.490.750.910.540.450.560.350.660.710.070.790.790.560.280.480.69-0.08
-0.020.210.170.13-0.050.11-0.070.140.21-0.05-0.010.19-0.130.150.11-0.180.070.070.090.150.15-0.17-0.22-0.20.18
0.99-0.420.81.00.990.94-0.560.990.450.980.850.40.630.850.180.920.970.790.090.80.850.590.570.83-0.3
0.8-0.070.770.790.790.82-0.520.760.60.710.730.860.410.760.650.770.710.790.150.80.760.350.270.57-0.03
0.84-0.320.60.840.840.94-0.510.860.460.810.680.410.451.00.140.810.850.560.150.850.760.330.30.5-0.35
0.61-0.520.220.570.610.42-0.170.59-0.090.630.320.120.570.330.160.680.560.28-0.170.590.350.330.730.73-0.38
0.58-0.520.320.570.580.320.030.55-0.330.620.44-0.010.620.310.080.530.550.48-0.220.570.270.30.730.71-0.34
0.86-0.450.650.820.860.69-0.320.810.120.870.750.210.790.50.190.840.790.69-0.20.830.570.50.730.71-0.29
-0.340.95-0.1-0.29-0.35-0.310.54-0.29-0.1-0.39-0.240.23-0.04-0.350.36-0.34-0.33-0.080.18-0.3-0.03-0.35-0.38-0.34-0.29
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Maruti Suzuki Account Relationship Matchups

Maruti Suzuki fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets636.3B712.8B746.6B846.0B1.2T1.2T
Short Long Term Debt Total1.8B5.4B4.3B12.5B1.2B1.1B
Other Current Liab1.6B28.9B37.5B42.9B51.8B54.4B
Total Current Liabilities113.1B161.2B170.2B201.1B259.5B272.5B
Total Stockholder Equity494.1B525.0B553.3B617.9B856.4B899.2B
Property Plant And Equipment Net167.5B159.6B160.4B201.0B349.2B366.6B
Net Debt1.6B5.0B3.9B12.1B(25.4B)(24.1B)
Accounts Payable75.0B101.7B97.7B136.8B169.9B178.4B
Cash208M408M351M373M26.6B27.9B
Non Current Assets Total551.9B527.4B578.6B729.8B927.2B973.5B
Non Currrent Assets Other10.0B10.0B30.9B27.7B36.7B38.6B
Cash And Short Term Investments12.5B114.9B71.8B22.4B92.0B96.6B
Net Receivables37.6B25.7B46.1B45.7B46.0B25.3B
Short Term Investments12.3B114.5B71.5B22.0B65.4B37.5B
Liabilities And Stockholders Equity636.3B712.8B746.6B846.0B1.2T1.2T
Non Current Liabilities Total28.9B26.6B23.0B27.0B37.6B39.5B
Inventory32.1B30.5B35.3B42.8B53.2B55.8B
Other Current Assets2.2B22.8B40.5B27.9B35.2B37.0B
Other Stockholder Equity157.6B(474.5B)4.2B132.6B155.9B163.7B
Total Liab142.0B187.8B193.2B228.1B297.1B312.0B
Total Current Assets84.4B185.4B167.9B116.2B226.3B237.7B
Accumulated Other Comprehensive Income(134.2B)43.0B46.0B46.9B26.7B28.0B
Intangible Assets7.1B8.4B6.4B6.4B6.8B5.3B
Current Deferred Revenue35.3B46.6B59.8B39.7B25.2B32.3B
Retained Earnings442.1B467.1B492.5B556.1B672.2B374.7B
Short Term Debt1.2B5.1B4.1B12.2B509M483.6M
Other Liab26.9B28.2B26.2B22.7B26.1B21.1B
Net Tangible Assets466.4B490.1B519.8B546.9B629.0B436.2B
Other Assets17.5B17.1B32.3B24.3B27.9B20.9B
Short Long Term Debt1.1B4.9B3.8B12.2B331M314.5M
Property Plant Equipment167.5B159.6B160.4B201.0B231.1B171.2B
Long Term Debt Total652M420M329M249M286.4M287.6M
Cash And Equivalents44M5M0.043M38.7M36.8M
Net Invested Capital495.3B529.9B557.2B630.1B856.7B623.6B
Net Working Capital(28.6B)24.2B(2.3B)(84.9B)(33.2B)(34.9B)

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Other Information on Investing in Maruti Stock

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