Ferguson Property Plant And Equipment Net vs Accounts Payable Analysis

FERG Stock   14,860  260.00  1.72%   
Ferguson Plc financial indicator trend analysis is much more than just examining Ferguson Plc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ferguson Plc is a good investment. Please check the relationship between Ferguson Plc Property Plant And Equipment Net and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ferguson Plc. 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.
For more information on how to buy Ferguson Stock please use our How to Invest in Ferguson Plc guide.

Property Plant And Equipment Net vs Accounts Payable

Property Plant And Equipment Net vs Accounts Payable Correlation Analysis

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

Correlation Coefficient

0.63
Relationship DirectionPositive 
Relationship StrengthSignificant

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Accounts Payable

An accounting item on the balance sheet that represents Ferguson Plc 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 Ferguson Plc 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 Ferguson Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ferguson Plc 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ferguson Plc. 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.
For more information on how to buy Ferguson Stock please use our How to Invest in Ferguson Plc guide.At this time, Ferguson Plc's Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 29.1 M in 2024, whereas Tax Provision is likely to drop slightly above 459.4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense111M184M179M105.9M
Depreciation And Amortization301M321M335M350.4M

Ferguson Plc fundamental ratios Correlations

0.70.770.880.920.7-0.280.580.70.940.310.780.650.510.310.55-0.27-0.640.270.690.960.35-0.40.980.540.97
0.70.620.580.450.83-0.070.930.860.520.190.850.570.770.190.83-0.72-0.8-0.070.930.70.08-0.660.780.810.68
0.770.620.840.650.38-0.490.440.490.610.440.50.570.340.440.54-0.24-0.44-0.050.470.70.25-0.140.790.280.85
0.880.580.840.820.47-0.420.350.470.820.580.560.470.250.580.41-0.05-0.340.260.430.780.41-0.080.860.320.96
0.920.450.650.820.6-0.330.330.580.930.290.70.550.340.290.310.0-0.370.480.50.860.55-0.20.830.450.89
0.70.830.380.470.6-0.010.860.890.63-0.080.970.620.67-0.070.56-0.5-0.70.240.920.720.09-0.770.710.940.58
-0.28-0.07-0.49-0.42-0.33-0.010.09-0.09-0.28-0.43-0.07-0.15-0.08-0.43-0.06-0.34-0.150.190.02-0.19-0.23-0.3-0.240.05-0.37
0.580.930.440.350.330.860.090.90.44-0.190.860.610.78-0.190.79-0.73-0.8-0.020.950.66-0.08-0.790.650.870.48
0.70.860.490.470.580.89-0.090.90.61-0.110.950.720.85-0.110.77-0.57-0.680.170.950.740.17-0.650.710.890.61
0.940.520.610.820.930.63-0.280.440.610.20.720.60.420.190.38-0.07-0.460.430.570.940.3-0.360.890.440.88
0.310.190.440.580.29-0.08-0.43-0.19-0.110.2-0.03-0.1-0.041.00.10.030.02-0.13-0.070.10.440.360.31-0.150.49
0.780.850.50.560.70.97-0.070.860.950.72-0.030.70.74-0.030.65-0.5-0.70.290.940.80.19-0.710.770.90.68
0.650.570.570.470.550.62-0.150.610.720.6-0.10.70.6-0.10.57-0.33-0.560.170.680.67-0.04-0.50.670.480.57
0.510.770.340.250.340.67-0.080.780.850.42-0.040.740.6-0.040.82-0.72-0.71-0.170.850.590.03-0.650.570.680.43
0.310.190.440.580.29-0.07-0.43-0.19-0.110.191.0-0.03-0.1-0.040.10.020.02-0.13-0.060.10.440.360.31-0.150.49
0.550.830.540.410.310.56-0.060.790.770.380.10.650.570.820.1-0.79-0.68-0.340.790.59-0.02-0.460.630.580.54
-0.27-0.72-0.24-0.050.0-0.5-0.34-0.73-0.57-0.070.03-0.5-0.33-0.720.02-0.790.730.41-0.73-0.330.160.7-0.38-0.56-0.22
-0.64-0.8-0.44-0.34-0.37-0.7-0.15-0.8-0.68-0.460.02-0.7-0.56-0.710.02-0.680.730.1-0.83-0.690.070.74-0.72-0.61-0.52
0.27-0.07-0.050.260.480.240.19-0.020.170.43-0.130.290.17-0.17-0.13-0.340.410.10.040.260.48-0.010.160.160.21
0.690.930.470.430.50.920.020.950.950.57-0.070.940.680.85-0.060.79-0.73-0.830.040.740.02-0.80.740.890.59
0.960.70.70.780.860.72-0.190.660.740.940.10.80.670.590.10.59-0.33-0.690.260.740.2-0.530.960.560.89
0.350.080.250.410.550.09-0.23-0.080.170.30.440.19-0.040.030.44-0.020.160.070.480.020.20.30.240.170.42
-0.4-0.66-0.14-0.08-0.2-0.77-0.3-0.79-0.65-0.360.36-0.71-0.5-0.650.36-0.460.70.74-0.01-0.8-0.530.3-0.47-0.72-0.23
0.980.780.790.860.830.71-0.240.650.710.890.310.770.670.570.310.63-0.38-0.720.160.740.960.24-0.470.550.95
0.540.810.280.320.450.940.050.870.890.44-0.150.90.480.68-0.150.58-0.56-0.610.160.890.560.17-0.720.550.43
0.970.680.850.960.890.58-0.370.480.610.880.490.680.570.430.490.54-0.22-0.520.210.590.890.42-0.230.950.43
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Ferguson Plc Account Relationship Matchups

Ferguson Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.5B13.5B15.7B16.0B16.6B9.5B
Short Long Term Debt Total4.5B3.8B5.5B4.8B5.5B5.8B
Other Current Liab789M1.2B1.6B1.6B1.3B880.1M
Total Current Liabilities4.7B4.8B5.8B5.4B5.2B3.8B
Total Stockholder Equity4.4B4.8B4.7B5.0B5.6B3.5B
Property Plant And Equipment Net2.5B2.2B2.6B3.1B3.3B3.5B
Net Debt2.4B2.5B4.7B4.2B4.9B5.2B
Retained Earnings5.6B6.2B7.6B8.6B9.6B10.1B
Accounts Payable2.9B3.0B3.6B3.4B3.4B2.1B
Cash2.1B1.3B771M601M571M725.1M
Non Current Assets Total5.4B5.4B6.1B6.9B7.2B7.5B
Non Currrent Assets Other414M575M527M1.3B554M581.7M
Other Assets621M873M704M824M947.6M995.0M
Cash And Short Term Investments2.1B1.3B771M601M571M752.1M
Net Receivables2.6B2.8B3.6B3.6B3.6B3.8B
Common Stock Shares Outstanding226.8M224.8M218.9M207.2M203.5M370.3M
Liabilities And Stockholders Equity13.5B13.5B15.7B16.0B16.6B9.5B
Non Current Liabilities Total4.3B3.8B5.2B5.5B5.7B6.0B
Inventory2.9B3.4B4.3B3.9B4.2B2.3B
Other Current Assets3.2B3.5B837M981M4.7B2.6B
Other Stockholder Equity(1.8B)(2.2B)(3.9B)(4.5B)(4.0B)(3.8B)
Total Liab9.1B8.7B11.0B11.0B11.0B6.1B
Property Plant And Equipment Gross2.5B2.2B2.6B3.1B4.8B5.1B
Total Current Assets8.1B8.1B9.6B9.1B9.4B6.1B
Short Term Debt812M263M571M421M545M652.3M
Accumulated Other Comprehensive Income(563M)(854M)(937M)(934M)(1.1B)(1.1B)
Intangible Assets521M546M782M783M753M566.6M
Other Liab627M477M640M691M794.7M453.8M
Long Term Debt2.6B2.5B3.7B3.7B3.8B4.0B
Good Will1.7B1.8B2.0B2.2B2.4B1.9B
Property Plant Equipment2.5B2.2B2.6B3.1B3.5B3.7B
Treasury Stock(1.5B)(407M)(658M)(989M)(890.1M)(845.6M)
Net Tangible Assets2.1B2.5B1.8B2.0B2.3B2.3B
Short Long Term Debt531M183M250M55M150M142.5M

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