Credicorp Net Receivables vs Accounts Payable Analysis
BAP Stock | USD 164.00 8.63 5.00% |
Credicorp financial indicator trend analysis is way more than just evaluating Credicorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Credicorp is a good investment. Please check the relationship between Credicorp Net Receivables and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credicorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.
Net Receivables vs Accounts Payable
Net Receivables vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Credicorp Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Credicorp's Net Receivables and Accounts Payable is 0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Credicorp, assuming nothing else is changed. The correlation between historical values of Credicorp's Net Receivables 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 Net Receivables of Credicorp 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 Net Receivables i.e., Credicorp's Net Receivables and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Accounts Payable
An accounting item on the balance sheet that represents Credicorp 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 Credicorp 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 Credicorp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Credicorp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Credicorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.At this time, Credicorp's Selling General Administrative is relatively stable compared to the past year. As of 05/18/2024, Enterprise Value is likely to grow to about 39.1 B, while Tax Provision is likely to drop slightly above 1.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.5B | 3.5B | 5.9B | 6.2B | Depreciation And Amortization | 690.2M | 690.6M | 667.1M | 359.0M |
Credicorp fundamental ratios Correlations
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Credicorp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Credicorp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 187.9B | 237.4B | 244.8B | 236.8B | 238.8B | 250.8B | |
Short Long Term Debt Total | 24.5B | 22.9B | 24.8B | 26.0B | 26.8B | 14.6B | |
Other Current Liab | (2.4B) | (2.3B) | (3.5B) | (2.8B) | (1.5B) | (1.4B) | |
Total Current Liabilities | 2.4B | 2.3B | 3.5B | 1.5B | 2.5B | 2.4B | |
Total Stockholder Equity | 26.2B | 24.9B | 26.5B | 29.0B | 32.5B | 34.1B | |
Property Plant And Equipment Net | 2.4B | 2.2B | 2.0B | 1.9B | 2.0B | 1.5B | |
Net Debt | (1.5B) | (13.8B) | (14.5B) | (8.1B) | (7.1B) | (6.7B) | |
Retained Earnings | 4.4B | 347.2M | 3.6B | 4.6B | 4.6B | 4.8B | |
Non Currrent Assets Other | (39.7B) | (57.7B) | (51.1B) | 3.4B | 226.9B | 238.3B | |
Other Assets | 84.5B | 89.2B | 106.7B | 118.1B | 135.8B | 142.6B | |
Common Stock Shares Outstanding | 79.7M | 79.6M | 79.7M | 79.7M | 79.7M | 64.3M | |
Liabilities And Stockholders Equity | 187.9B | 237.4B | 244.8B | 236.8B | 238.8B | 250.8B | |
Non Current Liabilities Total | 24.6B | 23.0B | 24.9B | 1.5B | 203.2B | 213.4B | |
Other Stockholder Equity | 19.5B | 21.4B | 21.4B | 23.7B | 20.2M | 19.2M | |
Total Liab | 161.1B | 212.0B | 217.8B | 207.2B | 205.7B | 216.0B | |
Property Plant And Equipment Gross | 2.4B | 2.1B | 4.5B | 1.8B | 4.8B | 5.0B | |
Accumulated Other Comprehensive Income | 1.1B | 1.9B | 235.9M | (650.1M) | 26.5B | 27.9B | |
Accounts Payable | 2.4B | 2.3B | 3.5B | 3.8B | 4.0B | 2.3B | |
Cash | 26.0B | 36.7B | 39.3B | 34.1B | 33.9B | 19.7B | |
Non Current Assets Total | 39.7B | 57.7B | 51.1B | 51.7B | 232.0B | 243.6B | |
Cash And Short Term Investments | 52.2B | 79.5B | 73.7B | 65.0B | 6.9B | 6.5B | |
Net Receivables | 11.5B | 11.0B | 13.3B | 12.0B | 12.5B | 13.1B | |
Other Current Assets | 96.6B | 95.6B | 113.4B | 29.8B | 34.3B | 56.8B | |
Total Current Assets | 63.7B | 90.5B | 87.0B | 67.0B | 6.9B | 6.5B | |
Other Liab | 11.4B | 13.3B | 20.3B | 13.7B | 15.8B | 16.6B | |
Long Term Debt | 23.6B | 22.3B | 24.2B | 25.9B | 26.2B | 27.6B | |
Good Will | 886.0M | 820.9M | 796.9M | 772.2M | 798.5M | 489.0M | |
Short Term Investments | 26.2B | 42.7B | 34.4B | 29.7B | 32.8B | 34.4B | |
Treasury Stock | (208.0M) | (207.8M) | (208.4M) | (207.5M) | (186.8M) | (177.4M) | |
Intangible Assets | 1.7B | 1.8B | 1.9B | 2.1B | 2.4B | 2.5B | |
Property Plant Equipment | 2.3B | 2.1B | 1.9B | 2.4B | 2.7B | 2.9B | |
Inventory | 143.3M | 135.1M | 136.1M | 136.1M | 156.5M | 94.0M | |
Net Tangible Assets | 23.7B | 22.3B | 23.8B | 26.1B | 30.0B | 21.0B | |
Deferred Long Term Liab | 1.2B | 1.1B | 1.0B | 1.0B | 1.2B | 772.8M | |
Long Term Investments | 31.6B | 56.6B | 50.6B | 46.9B | 47.2B | 36.9B | |
Long Term Debt Total | 23.6B | 22.8B | 24.2B | 25.9B | 29.7B | 26.3B |
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Try AI Portfolio ArchitectCheck out Trending Equities to better understand how to build diversified portfolios, which includes a position in Credicorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Credicorp Stock, please use our How to Invest in Credicorp guide.Note that the Credicorp information on this page should be used as a complementary analysis to other Credicorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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When running Credicorp's price analysis, check to measure Credicorp's 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 Credicorp is operating at the current time. Most of Credicorp's value examination focuses on studying past and present price action to predict the probability of Credicorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Credicorp's price. Additionally, you may evaluate how the addition of Credicorp to your portfolios can decrease your overall portfolio volatility.
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Is Credicorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Credicorp. If investors know Credicorp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Credicorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.092 | Dividend Share 35 | Earnings Share 16.49 | Revenue Per Share 207.573 | Quarterly Revenue Growth 0.078 |
The market value of Credicorp is measured differently than its book value, which is the value of Credicorp that is recorded on the company's balance sheet. Investors also form their own opinion of Credicorp's value that differs from its market value or its book value, called intrinsic value, which is Credicorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Credicorp's market value can be influenced by many factors that don't directly affect Credicorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Credicorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Credicorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Credicorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.