| SHW Stock | | | USD 399.71 11.41 2.94% |
Sherwin Williams financial indicator trend analysis is much more than just breaking down Sherwin Williams prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sherwin Williams is a good investment. Please check the relationship between Sherwin Williams Cash And Equivalents and its Accounts Payable accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Sherwin Williams Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
Cash And Equivalents vs Accounts Payable
Cash And Equivalents vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sherwin Williams Cash And Equivalents account and
Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Sherwin Williams' Cash And Equivalents and Accounts Payable is -0.9. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sherwin Williams Co, assuming nothing else is changed. The correlation between historical values of Sherwin Williams' Cash And Equivalents 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 Cash And Equivalents of Sherwin Williams Co 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 Cash And Equivalents i.e., Sherwin Williams' Cash And Equivalents and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.9 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Cash And Equivalents
Accounts Payable
An accounting item on the balance sheet that represents Sherwin Williams 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 Sherwin Williams 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 Sherwin Williams' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sherwin Williams 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
World Market Map to better understand how to build diversified portfolios, which includes a position in Sherwin Williams Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
At this time, Sherwin Williams'
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to climb to 0.33 in 2024, whereas
Tax Provision is likely to drop slightly above 429.1
M in 2024.
Sherwin Williams fundamental ratios Correlations
Click cells to compare fundamentals
Sherwin Williams Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sherwin Williams fundamental ratios Accounts
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Additional Tools for Sherwin Stock Analysis
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measure Sherwin Williams' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sherwin Williams is operating at the current time. Most of Sherwin Williams' value examination focuses on studying past and present price action to
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