Welspun Total Current Liabilities vs Accounts Payable Analysis

WELCORP Stock

776.35 1.35 0.17%

Welspun Corp financial indicator trend analysis is more than just analyzing Welspun Corp Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Welspun Corp Limited is a good investment. Please check the relationship between Welspun Corp Total Current Liabilities and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Corp Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Total Current Liabilities vs Accounts Payable

Total Current Liabilities vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Welspun Corp Limited Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.

The correlation between Welspun Corp's Total Current Liabilities and Accounts Payable is 0.77. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Welspun Corp Limited, assuming nothing else is changed. The correlation between historical values of Welspun Corp's Total Current Liabilities 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 Total Current Liabilities of Welspun Corp Limited 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 Total Current Liabilities i.e., Welspun Corp's Total Current Liabilities and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Total Current Liabilities

Total Current Liabilities is an item on Welspun Corp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Welspun Corp Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Accounts Payable

An accounting item on the balance sheet that represents Welspun Corp 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 Welspun Corp Limited 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 Welspun Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Welspun Corp Limited 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welspun Corp Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

As of 12/21/2024, Issuance Of Capital Stock is likely to grow to about 17.6 M, while Selling General Administrative is likely to drop slightly above 1.5 B.

	2021	2022	2023	2024 (projected)
Gross Profit	14.4B	25.0B	51.6B	54.2B
Total Revenue	63.3B	97.6B	173.4B	182.1B

Gross Profit Total Revenue

Welspun Corp 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	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	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Retained Earnings	Intangible Assets	Good Will
Total Assets		0.88	0.72	0.88	0.87	0.87	0.79	0.85	0.79	0.92	0.54	0.89	0.76	0.56	0.76	0.8	0.73	-0.02	0.87	0.97	0.91	-0.65	0.67	0.35	0.66	0.69
Short Long Term Debt Total	0.88		0.69	0.65	0.63	0.95	0.97	0.7	0.59	0.94	0.54	0.82	0.58	0.36	0.79	0.96	0.48	-0.26	0.85	0.91	0.67	-0.59	0.56	0.01	0.75	0.63
Other Current Liab	0.72	0.69		0.72	0.55	0.66	0.64	0.47	0.54	0.68	0.23	0.69	0.27	0.14	0.64	0.54	0.71	-0.29	0.67	0.74	0.64	-0.4	0.8	0.32	0.42	0.49
Total Current Liabilities	0.88	0.65	0.72		0.7	0.59	0.53	0.77	0.82	0.64	0.31	0.73	0.56	0.5	0.54	0.49	0.95	0.22	0.7	0.89	0.97	-0.53	0.81	0.38	0.4	0.5
Total Stockholder Equity	0.87	0.63	0.55	0.7		0.7	0.51	0.65	0.71	0.8	0.48	0.84	0.77	0.59	0.75	0.55	0.55	0.02	0.71	0.73	0.79	-0.59	0.56	0.68	0.51	0.69
Property Plant And Equipment Net	0.87	0.95	0.66	0.59	0.7		0.92	0.72	0.54	0.97	0.49	0.76	0.62	0.45	0.73	0.94	0.44	-0.36	0.75	0.86	0.62	-0.52	0.44	0.15	0.63	0.53
Net Debt	0.79	0.97	0.64	0.53	0.51	0.92		0.63	0.4	0.89	0.53	0.7	0.55	0.29	0.73	0.97	0.39	-0.28	0.79	0.84	0.55	-0.51	0.45	-0.14	0.74	0.57
Accounts Payable	0.85	0.7	0.47	0.77	0.65	0.72	0.63		0.68	0.76	0.49	0.63	0.78	0.5	0.47	0.71	0.66	-0.01	0.74	0.86	0.79	-0.59	0.36	0.13	0.61	0.53
Cash	0.79	0.59	0.54	0.82	0.71	0.54	0.4	0.68		0.63	0.31	0.76	0.51	0.41	0.48	0.45	0.68	0.11	0.65	0.75	0.82	-0.59	0.65	0.5	0.41	0.52
Non Current Assets Total	0.92	0.94	0.68	0.64	0.8	0.97	0.89	0.76	0.63		0.59	0.86	0.69	0.43	0.82	0.92	0.46	-0.33	0.85	0.89	0.68	-0.6	0.5	0.24	0.74	0.69
Non Currrent Assets Other	0.54	0.54	0.23	0.31	0.48	0.49	0.53	0.49	0.31	0.59		0.44	0.61	-0.01	0.43	0.62	0.16	-0.02	0.6	0.52	0.4	-0.12	0.12	-0.14	0.79	0.69
Cash And Short Term Investments	0.89	0.82	0.69	0.73	0.84	0.76	0.7	0.63	0.76	0.86	0.44		0.59	0.46	0.93	0.69	0.53	-0.14	0.89	0.83	0.76	-0.74	0.74	0.41	0.68	0.78
Net Receivables	0.76	0.58	0.27	0.56	0.77	0.62	0.55	0.78	0.51	0.69	0.61	0.59		0.59	0.51	0.63	0.41	0.25	0.69	0.68	0.7	-0.57	0.2	0.25	0.63	0.63
Common Stock Shares Outstanding	0.56	0.36	0.14	0.5	0.59	0.45	0.29	0.5	0.41	0.43	-0.01	0.46	0.59		0.4	0.34	0.41	0.33	0.33	0.49	0.6	-0.6	0.23	0.39	0.02	0.07
Short Term Investments	0.76	0.79	0.64	0.54	0.75	0.73	0.73	0.47	0.48	0.82	0.43	0.93	0.51	0.4		0.69	0.33	-0.26	0.86	0.7	0.58	-0.69	0.64	0.29	0.69	0.77
Non Current Liabilities Total	0.8	0.96	0.54	0.49	0.55	0.94	0.97	0.71	0.45	0.92	0.62	0.69	0.63	0.34	0.69		0.32	-0.3	0.79	0.83	0.54	-0.54	0.32	-0.13	0.78	0.59
Inventory	0.73	0.48	0.71	0.95	0.55	0.44	0.39	0.66	0.68	0.46	0.16	0.53	0.41	0.41	0.33	0.32		0.26	0.51	0.77	0.89	-0.33	0.78	0.38	0.19	0.3
Other Current Assets	-0.02	-0.26	-0.29	0.22	0.02	-0.36	-0.28	-0.01	0.11	-0.33	-0.02	-0.14	0.25	0.33	-0.26	-0.3	0.26		-0.11	-0.02	0.32	-0.02	0.04	0.06	-0.19	-0.11
Other Stockholder Equity	0.87	0.85	0.67	0.7	0.71	0.75	0.79	0.74	0.65	0.85	0.6	0.89	0.69	0.33	0.86	0.79	0.51	-0.11		0.86	0.74	-0.78	0.61	0.12	0.88	0.88
Total Liab	0.97	0.91	0.74	0.89	0.73	0.86	0.84	0.86	0.75	0.89	0.52	0.83	0.68	0.49	0.7	0.83	0.77	-0.02	0.86		0.9	-0.62	0.68	0.17	0.66	0.62
Total Current Assets	0.91	0.67	0.64	0.97	0.79	0.62	0.55	0.79	0.82	0.68	0.4	0.76	0.7	0.6	0.58	0.54	0.89	0.32	0.74	0.9		-0.59	0.74	0.41	0.47	0.56
Common Stock	-0.65	-0.59	-0.4	-0.53	-0.59	-0.52	-0.51	-0.59	-0.59	-0.6	-0.12	-0.74	-0.57	-0.6	-0.69	-0.54	-0.33	-0.02	-0.78	-0.62	-0.59		-0.42	-0.24	-0.55	-0.6
Short Term Debt	0.67	0.56	0.8	0.81	0.56	0.44	0.45	0.36	0.65	0.5	0.12	0.74	0.2	0.23	0.64	0.32	0.78	0.04	0.61	0.68	0.74	-0.42		0.43	0.3	0.52
Retained Earnings	0.35	0.01	0.32	0.38	0.68	0.15	-0.14	0.13	0.5	0.24	-0.14	0.41	0.25	0.39	0.29	-0.13	0.38	0.06	0.12	0.17	0.41	-0.24	0.43		-0.18	0.19
Intangible Assets	0.66	0.75	0.42	0.4	0.51	0.63	0.74	0.61	0.41	0.74	0.79	0.68	0.63	0.02	0.69	0.78	0.19	-0.19	0.88	0.66	0.47	-0.55	0.3	-0.18		0.89
Good Will	0.69	0.63	0.49	0.5	0.69	0.53	0.57	0.53	0.52	0.69	0.69	0.78	0.63	0.07	0.77	0.59	0.3	-0.11	0.88	0.62	0.56	-0.6	0.52	0.19	0.89

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Welspun Corp Account Relationship Matchups

Welspun Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	79.4B	65.2B	91.7B	153.4B	118.5B	93.5B
Short Long Term Debt Total	10.6B	8.3B	20.6B	33.6B	19.5B	24.8B
Other Current Liab	(2.1B)	3.1B	3.6B	25.2B	7.9B	7.7B
Total Current Liabilities	37.1B	19.5B	29.1B	81.7B	39.8B	34.2B
Total Stockholder Equity	32.2B	37.9B	44.3B	47.3B	56.2B	31.8B
Property Plant And Equipment Net	17.0B	18.0B	34.1B	45.9B	44.7B	36.5B
Net Debt	6.2B	6.6B	10.1B	23.5B	11.1B	18.3B
Accounts Payable	14.4B	7.2B	9.8B	25.7B	22.4B	14.9B
Cash	4.4B	1.7B	6.4B	10.2B	8.2B	6.3B
Non Current Assets Total	22.1B	24.4B	48.5B	56.9B	57.6B	43.9B
Non Currrent Assets Other	1.6B	467.5M	2.8B	1.2B	2.9B	3.3B
Cash And Short Term Investments	9.1B	13.2B	21.6B	22.7B	14.7B	12.9B
Net Receivables	13.6B	15.5B	8.1B	12.6B	18.0B	12.4B
Common Stock Shares Outstanding	264.1M	261.6M	261.6M	262.0M	262.4M	248.6M
Short Term Investments	4.7B	11.5B	15.2B	12.5B	6.5B	7.4B
Liabilities And Stockholders Equity	79.4B	65.2B	91.7B	153.4B	118.5B	93.5B
Non Current Liabilities Total	10.0B	7.5B	17.4B	23.3B	21.4B	26.3B
Inventory	22.7B	10.4B	10.2B	56.9B	23.2B	19.6B
Other Current Assets	13.1B	10.7B	41.2M	7.5B	5.0B	5.4B
Other Stockholder Equity	7.2B	10.1B	10.1B	17.0B	8.7B	11.9B
Total Liab	47.1B	27.1B	46.4B	105.0B	61.2B	60.5B
Total Current Assets	57.4B	40.9B	43.2B	96.5B	60.9B	49.6B
Accumulated Other Comprehensive Income	(13.1B)	4.3B	4.6B	1.1B	10.7B	11.2B
Short Term Debt	5.0B	3.9B	6.1B	14.0B	2.9B	4.6B
Retained Earnings	20.5B	26.6B	28.3B	29.0B	35.2B	23.1B
Intangible Assets	97.0M	70.4M	69.7M	137.4M	122.2M	116.1M
Current Deferred Revenue	17.0B	7.1B	9.5B	10.2B	6.5B	7.2B
Other Liab	4.5B	2.8B	2.9B	3.7B	3.3B	4.5B
Net Tangible Assets	32.1B	37.9B	40.8B	43.6B	50.1B	35.5B
Other Assets	1.8B	1.4B	3.6B	1.1B	1.2B	2.3B
Long Term Debt	5.1B	4.4B	14.3B	19.3B	16.2B	12.4B
Short Long Term Debt	4.8B	1.2B	5.9B	13.9B	2.9B	5.7B
Property Plant Equipment	16.8B	17.4B	33.3B	45.9B	41.3B	26.3B
Long Term Debt Total	5.6B	4.8B	14.5B	19.6B	17.7B	10.2B
Capital Surpluse	7.2B	6.5M	10.1B	10.2B	11.7B	8.0B
Non Current Liabilities Other	3.6B	1.3B	1.1B	20.1M	18.1M	17.2M

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Welspun Total Current Liabilities vs Accounts Payable Analysis

Total Current Liabilities vs Accounts Payable

Total Current Liabilities vs Accounts Payable Correlation Analysis

Correlation Coefficient

Total Current Liabilities

Accounts Payable

Welspun Corp fundamental ratios Correlations

Welspun Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Welspun Corp fundamental ratios Accounts

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COMMON DESTINATIONS

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Total Liab	+ 0.97	Total Assets
Net Debt	+ 0.97	Short Long Term Debt Total
Total Current Assets	+ 0.97	Total Current Liabilities
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.97	Net Debt
Non Current Liabilities Total	+ 0.96	Short Long Term Debt Total

Common Stock	- 0.78	Other Stockholder Equity
Common Stock	- 0.74	Cash And Short Term Investments
Common Stock	- 0.69	Short Term Investments
Common Stock	- 0.65	Total Assets
Common Stock	- 0.62	Total Liab
Good Will	- 0.6	Common Stock