Origin Inventory vs Accounts Payable Analysis

ORG Stock   10.80  0.11  1.03%   
Origin Energy financial indicator trend analysis is much more than just breaking down Origin Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Origin Energy is a good investment. Please check the relationship between Origin Energy Inventory and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Origin Energy. 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.

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Origin Energy Inventory account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Origin Energy's Inventory and Accounts Payable is -0.55. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Origin Energy, assuming nothing else is changed. The correlation between historical values of Origin Energy's Inventory 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 Inventory of Origin Energy 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 Inventory i.e., Origin Energy's Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.55
Relationship DirectionNegative 
Relationship StrengthVery Weak

Inventory

Accounts Payable

An accounting item on the balance sheet that represents Origin Energy 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 Origin Energy 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 Origin Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Origin Energy 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Origin Energy. 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.
Tax Provision is likely to gain to about 636.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 671.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit49M2.7B2.1B2.2B
Total Revenue14.4B16.4B16.2B10.5B

Origin Energy fundamental ratios Correlations

0.840.460.380.940.660.10.810.730.40.020.97-0.110.040.230.850.2-0.830.92-0.470.35-0.080.970.570.36-0.08
0.840.13-0.030.790.53-0.010.990.74-0.03-0.120.85-0.08-0.21-0.210.830.04-0.60.9-0.270.380.190.820.240.16-0.07
0.460.130.790.240.220.20.130.140.57-0.050.290.120.10.660.130.07-0.490.36-0.350.65-0.410.580.440.78-0.14
0.38-0.030.790.27-0.080.17-0.07-0.090.830.280.21-0.070.50.730.120.44-0.290.12-0.640.41-0.720.480.290.710.27
0.940.790.240.270.580.020.750.740.330.180.95-0.240.170.090.90.29-0.720.81-0.510.120.010.850.440.170.02
0.660.530.22-0.080.580.250.560.79-0.04-0.330.760.1-0.410.120.61-0.36-0.840.70.16-0.110.260.560.85-0.17-0.3
0.1-0.010.20.170.020.250.010.080.06-0.120.16-0.2-0.140.070.1-0.01-0.250.2-0.110.03-0.310.130.42-0.020.11
0.810.990.13-0.070.750.560.010.74-0.06-0.270.830.01-0.34-0.190.8-0.02-0.60.91-0.20.380.210.80.280.12-0.12
0.730.740.14-0.090.740.790.080.74-0.18-0.150.82-0.11-0.27-0.110.81-0.41-0.620.730.06-0.020.260.630.5-0.140.01
0.4-0.030.570.830.33-0.040.06-0.06-0.180.210.240.070.480.830.030.57-0.280.19-0.550.34-0.570.470.360.67-0.08
0.02-0.12-0.050.280.18-0.33-0.12-0.27-0.150.21-0.05-0.60.94-0.10.060.410.13-0.22-0.45-0.07-0.18-0.04-0.290.20.4
0.970.850.290.210.950.760.160.830.820.24-0.05-0.12-0.070.110.920.12-0.840.91-0.390.140.020.890.610.11-0.05
-0.11-0.080.12-0.07-0.240.1-0.20.01-0.110.07-0.6-0.12-0.520.36-0.21-0.18-0.050.010.190.09-0.08-0.030.210.02-0.43
0.04-0.210.10.50.17-0.41-0.14-0.34-0.270.480.94-0.07-0.520.15-0.030.540.13-0.25-0.530.02-0.370.02-0.230.370.38
0.23-0.210.660.730.090.120.07-0.19-0.110.83-0.10.110.360.15-0.130.17-0.260.08-0.220.21-0.470.310.520.52-0.19
0.850.830.130.120.90.610.10.80.810.030.060.92-0.21-0.03-0.130.14-0.680.76-0.450.00.040.750.36-0.060.21
0.20.040.070.440.29-0.36-0.01-0.02-0.410.570.410.12-0.180.540.170.14-0.090.03-0.850.12-0.380.22-0.160.30.11
-0.83-0.6-0.49-0.29-0.72-0.84-0.25-0.6-0.62-0.280.13-0.84-0.050.13-0.26-0.68-0.09-0.790.3-0.180.0-0.79-0.83-0.180.28
0.920.90.360.120.810.70.20.910.730.19-0.220.910.01-0.250.080.760.03-0.79-0.250.460.070.920.550.3-0.29
-0.47-0.27-0.35-0.64-0.510.16-0.11-0.20.06-0.55-0.45-0.390.19-0.53-0.22-0.45-0.850.3-0.25-0.230.52-0.490.01-0.39-0.31
0.350.380.650.410.12-0.110.030.38-0.020.34-0.070.140.090.020.210.00.12-0.180.46-0.23-0.190.54-0.030.88-0.29
-0.080.19-0.41-0.720.010.26-0.310.210.26-0.57-0.180.02-0.08-0.37-0.470.04-0.380.00.070.52-0.19-0.19-0.1-0.4-0.49
0.970.820.580.480.850.560.130.80.630.47-0.040.89-0.030.020.310.750.22-0.790.92-0.490.54-0.190.540.53-0.11
0.570.240.440.290.440.850.420.280.50.36-0.290.610.21-0.230.520.36-0.16-0.830.550.01-0.03-0.10.540.06-0.29
0.360.160.780.710.17-0.17-0.020.12-0.140.670.20.110.020.370.52-0.060.3-0.180.3-0.390.88-0.40.530.06-0.2
-0.08-0.07-0.140.270.02-0.30.11-0.120.01-0.080.4-0.05-0.430.38-0.190.210.110.28-0.29-0.31-0.29-0.49-0.11-0.29-0.2
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Origin Energy Account Relationship Matchups

Origin Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets25.1B21.3B24.0B18.9B20.5B19.4B
Short Long Term Debt Total6.9B5.2B3.4B3.3B3.4B4.9B
Other Current Liab1.4B1.7B3.0B2.0B1.7B1.3B
Total Current Liabilities4.6B5.9B6.9B4.8B5.6B3.4B
Total Stockholder Equity12.7B9.5B10.0B8.9B9.5B8.7B
Property Plant And Equipment Net4.3B3.3B3.3B3.2B3.9B6.1B
Current Deferred Revenue1.2B1.4B59M455M481M321.4M
Net Debt5.6B4.8B2.8B2.8B2.8B4.4B
Retained Earnings4.8B1.8B11M498M(1.8B)(1.7B)
Accounts Payable1.8B2.2B3.5B2.2B3.2B1.7B
Cash1.2B472M620M463M625M522.7M
Non Current Assets Total20.4B17.0B15.7B14.0B14.4B15.4B
Non Currrent Assets Other(4.6B)292M337M75M48M50.4M
Cash And Short Term Investments1.7B975M1.5B930M1.4B771.9M
Net Receivables1.7B2.3B3.4B2.5B3.0B1.8B
Common Stock Shares Outstanding1.8B1.8B1.8B1.7B1.7B1.5B
Liabilities And Stockholders Equity25.1B21.3B24.0B18.9B20.5B19.4B
Non Current Liabilities Total7.8B5.9B7.1B5.3B5.4B6.5B
Inventory164M113M182M180M223M182.1M
Other Current Assets1.1B897M3.3B1.3B1.4B846.9M
Other Stockholder Equity(18M)(9.0B)(7.2B)(12M)(52M)(54.6M)
Total Liab12.4B11.8B14.0B10.0B11.0B10.1B
Property Plant And Equipment Gross4.5B7.2B7.5B7.3B8.4B6.7B
Total Current Assets4.7B4.3B8.3B5.0B6.0B3.9B
Accumulated Other Comprehensive Income716M525M3.1B1.5B4.5B4.7B
Short Term Debt948M1.4B2.0B375M192M104.5M
Intangible Assets5.4B4.7B2.5B2.5B448M425.6M
Short Term Investments479M503M860M467M754M791.7M
Other Liab2.1B1.9B3.9B2.2B2.5B1.8B
Other Assets674M383M3.1B1.7B1.9B2.0B
Long Term Debt5.0B3.2B2.6B2.6B2.9B4.6B
Property Plant Equipment4.5B3.5B3.5B3.2B3.6B6.5B
Net Tangible Assets7.3B5.4B7.5B6.4B5.8B5.6B
Long Term Investments9.6B8.4B6.5B6.6B7.2B7.0B
Short Long Term Debt1.3B2.3B257M128M115.2M109.4M
Long Term Debt Total5.5B3.2B3.1B3.1B2.8B5.1B

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