GWW Accounts Payable vs Good Will Analysis
GWW Stock | USD 921.46 13.99 1.54% |
WW Grainger financial indicator trend analysis is more than just analyzing WW Grainger current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WW Grainger is a good investment. Please check the relationship between WW Grainger Accounts Payable and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WW Grainger. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy GWW Stock please use our How to Invest in WW Grainger guide.
Accounts Payable vs Good Will
Accounts Payable vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WW Grainger Accounts Payable account and Good Will. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between WW Grainger's Accounts Payable and Good Will is -0.12. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Good Will in the same time period over historical financial statements of WW Grainger, assuming nothing else is changed. The correlation between historical values of WW Grainger's Accounts Payable and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of WW Grainger are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Accounts Payable i.e., WW Grainger's Accounts Payable and Good Will go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents WW Grainger 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 WW Grainger 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.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from WW Grainger's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WW Grainger 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WW Grainger. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy GWW Stock please use our How to Invest in WW Grainger guide.At this time, WW Grainger's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 9.4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 2.3 B in 2024.
2021 | 2023 | 2024 (projected) | Interest Expense | 87M | 107.0M | 112.3M | Depreciation And Amortization | 210M | 220M | 137.8M |
WW Grainger fundamental ratios Correlations
Click cells to compare fundamentals
WW Grainger Account Relationship Matchups
High Positive Relationship
High Negative Relationship
WW Grainger fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.0B | 6.3B | 6.6B | 7.6B | 8.1B | 8.6B | |
Short Long Term Debt Total | 2.2B | 2.4B | 2.8B | 2.7B | 2.8B | 2.9B | |
Other Current Liab | 658M | 654M | 646M | 739M | 724M | 760.2M | |
Total Current Liabilities | 1.7B | 1.4B | 1.5B | 2.0B | 1.8B | 948.5M | |
Property Plant And Equipment Net | 1.4B | 1.4B | 1.8B | 1.8B | 2.1B | 2.2B | |
Net Debt | 1.9B | 1.8B | 2.5B | 2.4B | 2.1B | 2.2B | |
Retained Earnings | 8.4B | 8.8B | 9.5B | 10.7B | 12.2B | 12.8B | |
Cash | 360M | 585M | 241M | 325M | 660M | 693M | |
Non Current Assets Total | 2.5B | 2.4B | 2.6B | 2.6B | 2.9B | 1.5B | |
Non Currrent Assets Other | 306M | 327M | 142M | 59M | 182M | 168.8M | |
Cash And Short Term Investments | 360M | 585M | 241M | 325M | 660M | 693M | |
Net Receivables | 1.4B | 1.5B | 1.8B | 2.1B | 2.2B | 2.3B | |
Common Stock Shares Outstanding | 54.9M | 53.7M | 52.2M | 51.1M | 50.1M | 68.5M | |
Liabilities And Stockholders Equity | 6.0B | 6.3B | 6.6B | 7.6B | 8.1B | 8.6B | |
Non Current Liabilities Total | 2.3B | 2.8B | 2.9B | 2.8B | 2.9B | 3.0B | |
Inventory | 1.7B | 1.7B | 1.9B | 2.3B | 2.3B | 2.4B | |
Other Current Assets | 104M | 120M | 146M | 266M | 156M | 117.4M | |
Other Stockholder Equity | (6.2B) | (6.7B) | (7.3B) | (7.8B) | (8.6B) | (8.2B) | |
Total Liab | 3.9B | 4.2B | 4.4B | 4.9B | 4.7B | 4.9B | |
Total Current Assets | 3.6B | 3.9B | 4.0B | 5.0B | 5.3B | 5.5B | |
Short Term Debt | 301M | 8M | 66M | 103M | 105M | 114.7M | |
Accounts Payable | 719M | 779M | 816M | 1.0B | 954M | 1.0B | |
Property Plant And Equipment Gross | 1.4B | 1.4B | 1.4B | 1.5B | 4.1B | 4.4B | |
Accumulated Other Comprehensive Income | (154M) | (61M) | (96M) | (180M) | (172M) | (180.6M) | |
Good Will | 429M | 391M | 384M | 371M | 370M | 363.4M | |
Intangible Assets | 304M | 228M | 238M | 232M | 234M | 283.2M | |
Other Liab | 182M | 372M | 208M | 207M | 238.1M | 221.6M | |
Other Assets | 94M | 362M | 142M | 180M | 207M | 153.5M | |
Long Term Debt | 1.9B | 2.4B | 2.4B | 2.3B | 2.3B | 2.4B | |
Treasury Stock | (7.6B) | (8.2B) | (8.9B) | (9.4B) | (8.5B) | (8.1B) | |
Property Plant Equipment | 1.4B | 1.4B | 1.8B | 1.8B | 2.1B | 1.2B | |
Net Tangible Assets | 1.6B | 1.2B | 1.5B | 2.2B | 1.9B | 1.5B | |
Noncontrolling Interest In Consolidated Entity | 205M | 265M | 286M | 295M | 339.3M | 356.2M | |
Retained Earnings Total Equity | 8.4B | 8.8B | 9.5B | 10.7B | 12.3B | 7.1B | |
Long Term Debt Total | 1.9B | 2.4B | 2.4B | 2.3B | 2.6B | 1.6B |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WW Grainger is a strong investment it is important to analyze WW Grainger's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WW Grainger's future performance. For an informed investment choice regarding GWW Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in WW Grainger. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For more information on how to buy GWW Stock please use our How to Invest in WW Grainger guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for GWW Stock analysis
When running WW Grainger's price analysis, check to measure WW Grainger'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 WW Grainger is operating at the current time. Most of WW Grainger's value examination focuses on studying past and present price action to predict the probability of WW Grainger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WW Grainger's price. Additionally, you may evaluate how the addition of WW Grainger to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Transaction History View history of all your transactions and understand their impact on performance | |
Commodity Directory Find actively traded commodities issued by global exchanges |
Is WW Grainger'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 WW Grainger. If investors know GWW 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 WW Grainger 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 0.001 | Dividend Share 7.44 | Earnings Share 36.21 | Revenue Per Share 334.783 | Quarterly Revenue Growth 0.035 |
The market value of WW Grainger is measured differently than its book value, which is the value of GWW that is recorded on the company's balance sheet. Investors also form their own opinion of WW Grainger's value that differs from its market value or its book value, called intrinsic value, which is WW Grainger'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 WW Grainger's market value can be influenced by many factors that don't directly affect WW Grainger'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 WW Grainger's value and its price as these two are different measures arrived at by different means. Investors typically determine if WW Grainger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WW Grainger'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.