Beyond Total Current Liabilities vs Accounts Payable Analysis

BYON Stock   16.22  0.57  3.39%   
Beyond financial indicator trend analysis is way more than just evaluating Beyond Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beyond Inc is a good investment. Please check the relationship between Beyond Total Current Liabilities and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beyond Inc. Also, note that the market value of any company could be tightly coupled 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 Beyond Inc Total Current Liabilities account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Beyond's Total Current Liabilities and Accounts Payable is 0.93. 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 Beyond Inc, assuming nothing else is changed. The correlation between historical values of Beyond'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 Beyond Inc 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., Beyond's Total Current Liabilities and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Beyond balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Beyond Inc 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 Beyond 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 Beyond Inc 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 Beyond's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beyond Inc 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 Beyond Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
At this time, Beyond's Selling General Administrative is very stable compared to the past year. As of the 22nd of May 2024, Tax Provision is likely to grow to about 43.8 M, while Enterprise Value Over EBITDA is likely to drop (4.44).
 2021 2022 2023 2024 (projected)
Interest Expense556K1.9M1.8M1.4M
Depreciation And Amortization18.6M16.7M19.4M19.9M

Beyond fundamental ratios Correlations

0.92-0.910.950.950.880.940.650.570.70.59-0.170.570.940.330.360.74-0.57-0.2-0.140.77-0.06-0.44-0.410.30.76
0.92-0.90.870.880.780.840.510.420.430.35-0.040.350.90.260.120.64-0.56-0.320.050.53-0.17-0.28-0.30.320.54
-0.91-0.9-0.96-0.97-0.81-0.96-0.48-0.59-0.64-0.30.23-0.5-0.75-0.58-0.19-0.670.440.25-0.14-0.710.170.40.44-0.38-0.76
0.950.87-0.961.00.830.990.650.640.680.45-0.160.520.80.50.240.74-0.51-0.2-0.080.76-0.13-0.39-0.420.250.77
0.950.88-0.971.00.840.990.650.640.690.45-0.170.520.80.50.240.74-0.51-0.21-0.070.76-0.13-0.4-0.420.260.77
0.880.78-0.810.830.840.840.450.580.690.48-0.490.550.830.410.410.61-0.46-0.270.120.73-0.08-0.62-0.470.420.77
0.940.84-0.960.990.990.840.630.670.770.48-0.220.610.780.530.310.73-0.44-0.14-0.060.82-0.11-0.49-0.510.270.84
0.650.51-0.480.650.650.450.630.530.490.730.00.280.590.170.330.83-0.55-0.11-0.530.610.01-0.21-0.190.020.44
0.570.42-0.590.640.640.580.670.530.660.31-0.260.510.410.550.050.55-0.180.27-0.010.69-0.62-0.4-0.30.210.61
0.70.43-0.640.680.690.690.770.490.660.64-0.40.930.560.450.660.58-0.090.24-0.090.970.08-0.77-0.730.350.96
0.590.35-0.30.450.450.480.480.730.310.64-0.290.50.650.020.730.6-0.54-0.08-0.630.670.38-0.39-0.220.160.58
-0.17-0.040.23-0.16-0.17-0.49-0.220.0-0.26-0.4-0.29-0.21-0.12-0.6-0.47-0.230.270.44-0.33-0.4-0.210.390.11-0.65-0.45
0.570.35-0.50.520.520.550.610.280.510.930.5-0.210.480.260.610.410.140.450.010.880.06-0.79-0.810.320.86
0.940.9-0.750.80.80.830.780.590.410.560.65-0.120.480.10.380.65-0.64-0.24-0.20.630.0-0.36-0.290.30.6
0.330.26-0.580.50.50.410.530.170.550.450.02-0.60.260.10.090.5-0.22-0.220.390.52-0.17-0.15-0.180.630.52
0.360.12-0.190.240.240.410.310.330.050.660.73-0.470.610.380.090.39-0.07-0.09-0.180.650.63-0.65-0.530.270.63
0.740.64-0.670.740.740.610.730.830.550.580.6-0.230.410.650.50.39-0.56-0.24-0.10.74-0.02-0.27-0.290.480.58
-0.57-0.560.44-0.51-0.51-0.46-0.44-0.55-0.18-0.09-0.540.270.14-0.64-0.22-0.07-0.560.660.35-0.22-0.1-0.27-0.42-0.3-0.16
-0.2-0.320.25-0.2-0.21-0.27-0.14-0.110.270.24-0.080.440.45-0.24-0.22-0.09-0.240.66-0.130.13-0.36-0.26-0.38-0.280.08
-0.140.05-0.14-0.08-0.070.12-0.06-0.53-0.01-0.09-0.63-0.330.01-0.20.39-0.18-0.10.35-0.13-0.08-0.27-0.17-0.210.51-0.02
0.770.53-0.710.760.760.730.820.610.690.970.67-0.40.880.630.520.650.74-0.220.13-0.080.05-0.71-0.680.440.94
-0.06-0.170.17-0.13-0.13-0.08-0.110.01-0.620.080.38-0.210.060.0-0.170.63-0.02-0.1-0.36-0.270.05-0.1-0.120.020.09
-0.44-0.280.4-0.39-0.4-0.62-0.49-0.21-0.4-0.77-0.390.39-0.79-0.36-0.15-0.65-0.27-0.27-0.26-0.17-0.71-0.10.9-0.21-0.76
-0.41-0.30.44-0.42-0.42-0.47-0.51-0.19-0.3-0.73-0.220.11-0.81-0.29-0.18-0.53-0.29-0.42-0.38-0.21-0.68-0.120.9-0.15-0.71
0.30.32-0.380.250.260.420.270.020.210.350.16-0.650.320.30.630.270.48-0.3-0.280.510.440.02-0.21-0.150.38
0.760.54-0.760.770.770.770.840.440.610.960.58-0.450.860.60.520.630.58-0.160.08-0.020.940.09-0.76-0.710.38
Click cells to compare fundamentals

Beyond Account Relationship Matchups

Beyond fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets417.7M830.2M1.1B878.5M635.8M399.3M
Total Stockholder Equity115.1M373.7M744.4M645.8M359.1M377.1M
Net Debt(84.1M)(435.7M)(452.0M)(328.8M)(298.9M)(283.9M)
Cash112.3M495.4M503.3M371.3M302.6M178.7M
Cash And Short Term Investments122.6M495.4M503.3M371.3M302.6M190.1M
Common Stock Shares Outstanding34.9M41.6M43.3M44.3M45.2M27.8M
Liabilities And Stockholders Equity417.7M830.2M1.1B878.5M635.8M399.3M
Total Current Assets177.4M582.7M551.8M414.5M350.1M251.8M
Short Long Term Debt Total28.2M59.7M51.3M42.5M3.8M3.6M
Other Current Liab76.5M126.7M79.7M52.8M62.8M46.4M
Total Current Liabilities216.0M327.6M272.3M191.1M232.4M188.3M
Property Plant And Equipment Net155.4M131.1M122.1M117.4M31.0M29.5M
Retained Earnings(580.4M)(525.2M)(136.6M)(173.8M)(481.7M)(457.6M)
Accounts Payable91.1M123.6M127.9M89.5M117.1M94.3M
Non Current Assets Total240.4M247.5M514.2M464.0M285.7M152.8M
Non Currrent Assets Other4.0M108.8M3.2M2.8M56.8M59.6M
Net Receivables24.7M22.9M21.2M17.7M19.4M18.3M
Non Current Liabilities Total23.9M66.3M49.2M41.6M44.3M31.4M
Inventory5.8M6.2M5.1M6.5M13.0M18.2M
Other Current Assets6.2M6.3M5.1M5.5M2.4M2.3M
Other Stockholder Equity(568K)(553K)(537K)(522K)841.3M883.4M
Total Liab239.9M393.9M321.6M232.7M276.7M231.5M
Accumulated Other Comprehensive Income(568K)(553K)(537K)(522K)(506K)(531.3K)
Short Term Debt6.6M5.2M5.4M4.4M2.8M2.7M
Short Term Investments(1K)2.4M10.3M1.8M1.6M1.5M
Intangible Assets13.4M11.8M14.0M6.2M25.3M26.5M
Current Deferred Revenue41.8M72.2M59.4M44.5M49.6M43.1M

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When determining whether Beyond Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Beyond's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Beyond Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beyond Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beyond Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Beyond's price analysis, check to measure Beyond'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 Beyond is operating at the current time. Most of Beyond's value examination focuses on studying past and present price action to predict the probability of Beyond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond's price. Additionally, you may evaluate how the addition of Beyond to your portfolios can decrease your overall portfolio volatility.
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Is Beyond'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 Beyond. If investors know Beyond 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 Beyond listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
34.454
Quarterly Revenue Growth
0.003
Return On Assets
(0.14)
Return On Equity
(0.80)
The market value of Beyond Inc is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond's value that differs from its market value or its book value, called intrinsic value, which is Beyond'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 Beyond's market value can be influenced by many factors that don't directly affect Beyond'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 Beyond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond'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.