Petróleo Accounts Payable vs Inventory Analysis

PBR-A Stock

USD 10.90 0.25 2.35%

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

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Petróleo Brasileiro Accounts Payable account and Inventory. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Petróleo Brasileiro's Accounts Payable and Inventory is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Petrleo Brasileiro SA, assuming nothing else is changed. The correlation between historical values of Petróleo Brasileiro's Accounts Payable and Inventory 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 Petrleo Brasileiro SA are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Petróleo Brasileiro's Accounts Payable and Inventory go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Accounts Payable

An accounting item on the balance sheet that represents Petróleo Brasileiro 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 Petróleo Brasileiro 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.

Inventory

Most indicators from Petróleo Brasileiro's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Petróleo Brasileiro 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 Petrleo Brasileiro SA. 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.

At present, Petróleo Brasileiro's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 6.1 B, whereas Selling General Administrative is forecasted to decline to about 5 B.

	2022	2023	2024	2025 (projected)
Gross Profit	65.0B	54.0B	46.0B	35.0B
Total Revenue	124.5B	102.4B	91.4B	91.2B

Gross Profit Total Revenue

Petróleo Brasileiro fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Common Stock Total Equity	Other Stockholder Equity
Total Assets		0.77	0.16	0.81	0.91	0.97	0.77	0.65	0.89	0.61	1.0	0.51	0.8	0.87	0.72	0.66	0.85	0.92	0.2	0.89	0.93	0.18	0.66	0.74	0.68	-0.09
Short Long Term Debt Total	0.77		-0.07	0.43	0.53	0.83	0.99	0.35	0.57	0.8	0.76	0.3	0.84	0.51	0.5	0.36	0.89	0.56	0.19	0.87	0.76	0.28	0.51	0.48	0.48	0.27
Other Current Liab	0.16	-0.07		0.46	0.06	0.24	-0.04	0.16	0.0	-0.2	0.22	0.84	-0.18	-0.05	0.41	-0.04	0.19	0.11	0.18	0.25	-0.06	-0.1	0.01	-0.21	0.41	0.19
Total Current Liabilities	0.81	0.43	0.46		0.77	0.79	0.44	0.54	0.76	0.28	0.83	0.7	0.5	0.72	0.79	0.62	0.59	0.78	-0.01	0.69	0.67	0.4	0.56	0.44	0.78	-0.1
Total Stockholder Equity	0.91	0.53	0.06	0.77		0.81	0.53	0.79	0.96	0.4	0.89	0.33	0.69	0.98	0.49	0.81	0.54	0.98	0.03	0.61	0.9	0.04	0.46	0.78	0.45	-0.19
Property Plant And Equipment Net	0.97	0.83	0.24	0.79	0.81		0.84	0.6	0.81	0.61	0.98	0.59	0.77	0.75	0.76	0.57	0.91	0.84	0.25	0.94	0.86	0.21	0.69	0.62	0.74	0.04
Net Debt	0.77	0.99	-0.04	0.44	0.53	0.84		0.38	0.58	0.74	0.77	0.32	0.8	0.5	0.48	0.39	0.89	0.56	0.15	0.87	0.72	0.27	0.51	0.45	0.48	0.31
Retained Earnings	0.65	0.35	0.16	0.54	0.79	0.6	0.38		0.81	0.11	0.65	0.18	0.36	0.75	0.2	0.63	0.31	0.77	-0.1	0.37	0.58	-0.14	0.22	0.49	0.19	0.21
Accounts Payable	0.89	0.57	0.0	0.76	0.96	0.81	0.58	0.81		0.37	0.88	0.26	0.65	0.96	0.52	0.79	0.57	0.94	-0.06	0.63	0.86	0.08	0.55	0.75	0.49	-0.11
Cash	0.61	0.8	-0.2	0.28	0.4	0.61	0.74	0.11	0.37		0.58	0.18	0.91	0.41	0.41	0.12	0.73	0.41	0.3	0.7	0.7	0.27	0.47	0.56	0.42	-0.08
Non Current Assets Total	1.0	0.76	0.22	0.83	0.89	0.98	0.77	0.65	0.88	0.58		0.54	0.77	0.85	0.74	0.65	0.86	0.9	0.19	0.9	0.89	0.19	0.67	0.71	0.71	-0.07
Non Currrent Assets Other	0.51	0.3	0.84	0.7	0.33	0.59	0.32	0.18	0.26	0.18	0.54		0.26	0.21	0.68	0.27	0.53	0.39	0.27	0.59	0.31	0.1	0.35	0.08	0.72	0.08
Cash And Short Term Investments	0.8	0.84	-0.18	0.5	0.69	0.77	0.8	0.36	0.65	0.91	0.77	0.26		0.69	0.46	0.53	0.75	0.68	0.14	0.76	0.89	0.28	0.5	0.67	0.46	-0.07
Net Receivables	0.87	0.51	-0.05	0.72	0.98	0.75	0.5	0.75	0.96	0.41	0.85	0.21	0.69		0.46	0.79	0.5	0.95	-0.05	0.57	0.9	0.07	0.44	0.81	0.4	-0.23
Common Stock Shares Outstanding	0.72	0.5	0.41	0.79	0.49	0.76	0.48	0.2	0.52	0.41	0.74	0.68	0.46	0.46		0.24	0.76	0.54	0.35	0.81	0.57	0.32	0.8	0.38	0.96	-0.17
Short Term Investments	0.66	0.36	-0.04	0.62	0.81	0.57	0.39	0.63	0.79	0.12	0.65	0.27	0.53	0.79	0.24		0.29	0.78	-0.29	0.36	0.67	0.11	0.23	0.47	0.24	-0.01
Non Current Liabilities Total	0.85	0.89	0.19	0.59	0.54	0.91	0.89	0.31	0.57	0.73	0.86	0.53	0.75	0.5	0.76	0.29		0.59	0.38	0.99	0.73	0.25	0.72	0.51	0.74	0.07
Inventory	0.92	0.56	0.11	0.78	0.98	0.84	0.56	0.77	0.94	0.41	0.9	0.39	0.68	0.95	0.54	0.78	0.59		0.14	0.66	0.91	0.0	0.51	0.76	0.49	-0.18
Other Current Assets	0.2	0.19	0.18	-0.01	0.03	0.25	0.15	-0.1	-0.06	0.3	0.19	0.27	0.14	-0.05	0.35	-0.29	0.38	0.14		0.34	0.22	-0.42	0.42	0.21	0.3	-0.23
Total Liab	0.89	0.87	0.25	0.69	0.61	0.94	0.87	0.37	0.63	0.7	0.9	0.59	0.76	0.57	0.81	0.36	0.99	0.66	0.34		0.76	0.29	0.74	0.53	0.79	0.05
Total Current Assets	0.93	0.76	-0.06	0.67	0.9	0.86	0.72	0.58	0.86	0.7	0.89	0.31	0.89	0.9	0.57	0.67	0.73	0.91	0.22	0.76		0.1	0.54	0.78	0.49	-0.15
Short Term Debt	0.18	0.28	-0.1	0.4	0.04	0.21	0.27	-0.14	0.08	0.27	0.19	0.1	0.28	0.07	0.32	0.11	0.25	0.0	-0.42	0.29	0.1		0.19	-0.17	0.37	0.16
Common Stock	0.66	0.51	0.01	0.56	0.46	0.69	0.51	0.22	0.55	0.47	0.67	0.35	0.5	0.44	0.8	0.23	0.72	0.51	0.42	0.74	0.54	0.19		0.55	0.85	-0.31
Current Deferred Revenue	0.74	0.48	-0.21	0.44	0.78	0.62	0.45	0.49	0.75	0.56	0.71	0.08	0.67	0.81	0.38	0.47	0.51	0.76	0.21	0.53	0.78	-0.17	0.55		0.38	-0.56
Common Stock Total Equity	0.68	0.48	0.41	0.78	0.45	0.74	0.48	0.19	0.49	0.42	0.71	0.72	0.46	0.4	0.96	0.24	0.74	0.49	0.3	0.79	0.49	0.37	0.85	0.38		-0.17
Other Stockholder Equity	-0.09	0.27	0.19	-0.1	-0.19	0.04	0.31	0.21	-0.11	-0.08	-0.07	0.08	-0.07	-0.23	-0.17	-0.01	0.07	-0.18	-0.23	0.05	-0.15	0.16	-0.31	-0.56	-0.17

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Petróleo Brasileiro Account Relationship Matchups

Petróleo Brasileiro fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	190.0B	174.3B	187.2B	217.1B	181.6B	194.5B
Short Long Term Debt Total	53.9B	35.7B	30.0B	62.6B	60.3B	61.8B
Other Current Liab	6.6B	4.9B	10.9B	16.2B	9.6B	8.0B
Total Current Liabilities	26.2B	24.2B	31.4B	33.9B	31.5B	26.6B
Total Stockholder Equity	59.3B	69.4B	69.5B	78.6B	59.1B	79.1B
Property Plant And Equipment Net	124.2B	125.3B	130.2B	153.1B	136.3B	129.2B
Net Debt	42.2B	25.2B	22.0B	49.9B	57.0B	48.8B
Retained Earnings	24.5B	29.5B	24.4B	32.8B	37.7B	40.0B
Accounts Payable	6.9B	5.5B	5.5B	4.8B	6.1B	6.8B
Cash	11.7B	10.5B	8.0B	12.7B	3.3B	3.1B
Non Current Assets Total	162.6B	144.2B	155.9B	184.6B	159.8B	157.7B
Non Currrent Assets Other	13.7B	13.7B	18.8B	23.7B	19.1B	13.8B
Cash And Short Term Investments	12.4B	11.1B	10.8B	15.5B	7.5B	7.2B
Net Receivables	7.3B	7.7B	6.3B	7.3B	5.5B	9.2B
Short Term Investments	659M	650M	2.8B	2.8B	4.3B	3.3B
Liabilities And Stockholders Equity	190.0B	174.3B	187.2B	217.1B	181.6B	194.5B
Non Current Liabilities Total	103.9B	80.4B	86.0B	104.2B	90.8B	87.8B
Inventory	5.7B	7.3B	8.8B	7.7B	6.7B	8.6B
Other Current Assets	2.0B	4.1B	5.4B	1.9B	2.1B	3.2B
Total Liab	130.1B	104.5B	117.4B	138.1B	122.3B	114.4B
Total Current Assets	27.4B	30.1B	31.3B	32.4B	21.8B	36.8B
Accumulated Other Comprehensive Income	(47.8B)	(37.7B)	(37.6B)	3.3B	(48.0B)	(45.6B)
Short Term Debt	9.9B	9.1B	9.1B	11.5B	11.1B	8.1B
Current Deferred Revenue	7.8B	7.2B	6.9B	1.3B	1.5B	1.4B
Other Stockholder Equity	(24.5B)	(29.5B)	(24.4B)	207.6M	186.9M	196.2M
Property Plant And Equipment Gross	124.2B	216.4B	231.0B	1.3T	240.9B	220.4B
Intangible Assets	14.9B	3.0B	3.0B	3.0B	2.2B	2.1B
Good Will	63M	24M	22M	25.4M	20M	19M
Other Liab	200.7B	198.8B	30.7B	215.5B	247.9B	131.7B
Net Tangible Assets	217.1B	230.7B	66.4B	347.0B	399.1B	231.9B
Other Assets	104.7B	14.3B	102.6B	1.0	1.15	1.09
Long Term Debt	49.7B	32.1B	26.4B	118.8B	20.6B	19.6B
Long Term Investments	3.3B	1.6B	3.1B	18.3B	1.2B	1.2B
Short Long Term Debt	4.2B	3.6B	3.6B	21.0B	2.6B	2.4B
Property Plant Equipment	641.9B	645.4B	125.3B	679.2B	781.1B	524.6B
Capital Lease Obligations	21.7B	23.0B	23.8B	164.0B	37.1B	32.4B
Non Current Liabilities Other	2.2B	2.2B	2.0B	9.2B	1.6B	2.3B

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

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Petróleo Accounts Payable vs Inventory Analysis

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

Correlation Coefficient

Accounts Payable

Inventory

Petróleo Brasileiro fundamental ratios Correlations

Petróleo Brasileiro Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Petróleo Brasileiro fundamental ratios Accounts

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Other Information on Investing in Petróleo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total
Net Receivables	+ 0.98	Total Stockholder Equity
Inventory	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net

Other Stockholder Equity	- 0.56	Current Deferred Revenue
Short Term Debt	- 0.42	Other Current Assets
Other Stockholder Equity	- 0.31	Common Stock
Other Current Assets	- 0.29	Short Term Investments
Other Stockholder Equity	- 0.23	Other Current Assets
Other Stockholder Equity	- 0.23	Net Receivables