Patterson Long Term Debt vs Accounts Payable Analysis

PDCO Stock

USD 25.77 0.03 0.12%

Patterson Companies financial indicator trend analysis is much more than just breaking down Patterson Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Patterson Companies is a good investment. Please check the relationship between Patterson Companies Long Term Debt and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Patterson Companies Long Term Debt account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Patterson Companies' Long Term Debt and Accounts Payable is -0.08. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Patterson Companies, assuming nothing else is changed. The correlation between historical values of Patterson Companies' Long Term Debt 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 Long Term Debt of Patterson Companies 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 Long Term Debt i.e., Patterson Companies' Long Term Debt and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.08

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Patterson Companies has held for over one year. Long-term debt appears on Patterson Companies balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Patterson Companies balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Accounts Payable

An accounting item on the balance sheet that represents Patterson Companies 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 Patterson Companies 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 Patterson Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Patterson Companies 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 Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.At this time, Patterson Companies' Enterprise Value Over EBITDA is very stable compared to the past year. As of the 29th of April 2024, Enterprise Value Multiple is likely to grow to 14.89, while Selling General Administrative is likely to drop about 748.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.4B	1.6B	875.2M
Total Revenue	6.5B	6.5B	7.4B	7.8B

Gross Profit Total Revenue

Patterson Companies 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	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Good Will	Common Stock Total Equity	Intangible Assets
Total Assets		0.92	0.52	0.5	0.89	0.66	0.72	0.82	0.47	0.14	0.95	0.07	0.14	0.88	-0.83	0.92	0.57	0.12	-0.02	0.8	0.65	0.76	0.09	0.53	0.81	0.76
Short Long Term Debt Total	0.92		0.34	0.32	0.85	0.5	0.77	0.84	0.27	0.19	0.95	-0.08	0.18	0.93	-0.64	0.98	0.39	-0.13	-0.26	0.72	0.49	0.63	0.06	0.68	0.7	0.82
Other Current Liab	0.52	0.34		0.85	0.43	0.79	0.37	0.3	0.73	0.12	0.35	0.29	0.12	0.32	-0.78	0.27	0.8	0.8	0.63	0.78	0.78	0.9	0.01	-0.15	0.75	0.35
Total Current Liabilities	0.5	0.32	0.85		0.22	0.94	0.58	0.08	0.97	-0.29	0.31	0.71	-0.31	0.31	-0.85	0.27	0.98	0.88	0.81	0.87	0.95	0.86	-0.38	-0.35	0.56	0.53
Total Stockholder Equity	0.89	0.85	0.43	0.22		0.41	0.5	0.98	0.16	0.44	0.93	-0.31	0.46	0.83	-0.65	0.85	0.3	-0.11	-0.29	0.6	0.39	0.65	0.4	0.78	0.82	0.55
Property Plant And Equipment Net	0.66	0.5	0.79	0.94	0.41		0.67	0.29	0.95	-0.19	0.52	0.65	-0.2	0.46	-0.93	0.48	0.96	0.72	0.62	0.94	1.0	0.9	-0.27	-0.12	0.69	0.66
Net Debt	0.72	0.77	0.37	0.58	0.5	0.67		0.47	0.6	-0.43	0.73	0.33	-0.43	0.84	-0.7	0.78	0.69	0.17	0.16	0.82	0.67	0.65	-0.34	0.31	0.38	0.95
Retained Earnings	0.82	0.84	0.3	0.08	0.98	0.29	0.47		0.03	0.48	0.92	-0.42	0.5	0.83	-0.53	0.86	0.17	-0.27	-0.45	0.51	0.27	0.54	0.45	0.88	0.75	0.54
Accounts Payable	0.47	0.27	0.73	0.97	0.16	0.95	0.6	0.03		-0.43	0.29	0.81	-0.44	0.29	-0.83	0.26	0.98	0.84	0.81	0.84	0.95	0.8	-0.42	-0.36	0.46	0.56
Cash	0.14	0.19	0.12	-0.29	0.44	-0.19	-0.43	0.48	-0.43		0.18	-0.61	1.0	0.0	0.1	0.13	-0.37	-0.28	-0.49	-0.12	-0.21	0.06	0.61	0.45	0.52	-0.29
Non Current Assets Total	0.95	0.95	0.35	0.31	0.93	0.52	0.73	0.92	0.29	0.18		-0.11	0.19	0.92	-0.7	0.97	0.41	-0.12	-0.26	0.71	0.51	0.64	0.16	0.74	0.73	0.79
Non Currrent Assets Other	0.07	-0.08	0.29	0.71	-0.31	0.65	0.33	-0.42	0.81	-0.61	-0.11		-0.64	-0.1	-0.43	-0.06	0.71	0.7	0.78	0.46	0.67	0.35	-0.66	-0.66	0.02	0.31
Cash And Short Term Investments	0.14	0.18	0.12	-0.31	0.46	-0.2	-0.43	0.5	-0.44	1.0	0.19	-0.64		0.01	0.1	0.13	-0.38	-0.29	-0.51	-0.14	-0.22	0.06	0.67	0.47	0.52	-0.3
Net Receivables	0.88	0.93	0.32	0.31	0.83	0.46	0.84	0.83	0.29	0.0	0.92	-0.1	0.01		-0.65	0.95	0.42	-0.12	-0.21	0.7	0.45	0.62	0.1	0.68	0.58	0.82
Common Stock Shares Outstanding	-0.83	-0.64	-0.78	-0.85	-0.65	-0.93	-0.7	-0.53	-0.83	0.1	-0.7	-0.43	0.1	-0.65		-0.64	-0.89	-0.57	-0.45	-0.94	-0.92	-0.93	0.02	-0.12	-0.79	-0.68
Non Current Liabilities Total	0.92	0.98	0.27	0.27	0.85	0.48	0.78	0.86	0.26	0.13	0.97	-0.06	0.13	0.95	-0.64		0.38	-0.18	-0.3	0.69	0.47	0.59	0.09	0.71	0.66	0.84
Inventory	0.57	0.39	0.8	0.98	0.3	0.96	0.69	0.17	0.98	-0.37	0.41	0.71	-0.38	0.42	-0.89	0.38		0.8	0.75	0.91	0.96	0.87	-0.38	-0.24	0.55	0.64
Other Current Assets	0.12	-0.13	0.8	0.88	-0.11	0.72	0.17	-0.27	0.84	-0.28	-0.12	0.7	-0.29	-0.12	-0.57	-0.18	0.8		0.96	0.56	0.72	0.63	-0.35	-0.67	0.32	0.11
Other Stockholder Equity	-0.02	-0.26	0.63	0.81	-0.29	0.62	0.16	-0.45	0.81	-0.49	-0.26	0.78	-0.51	-0.21	-0.45	-0.3	0.75	0.96		0.44	0.63	0.47	-0.51	-0.77	0.08	0.08
Total Liab	0.8	0.72	0.78	0.87	0.6	0.94	0.82	0.51	0.84	-0.12	0.71	0.46	-0.14	0.7	-0.94	0.69	0.91	0.56	0.44		0.94	0.95	-0.21	0.13	0.75	0.82
Property Plant And Equipment Gross	0.65	0.49	0.78	0.95	0.39	1.0	0.67	0.27	0.95	-0.21	0.51	0.67	-0.22	0.45	-0.92	0.47	0.96	0.72	0.63	0.94		0.9	-0.3	-0.13	0.68	0.67
Total Current Assets	0.76	0.63	0.9	0.86	0.65	0.9	0.65	0.54	0.8	0.06	0.64	0.35	0.06	0.62	-0.93	0.59	0.87	0.63	0.47	0.95	0.9		-0.05	0.11	0.84	0.64
Short Term Debt	0.09	0.06	0.01	-0.38	0.4	-0.27	-0.34	0.45	-0.42	0.61	0.16	-0.66	0.67	0.1	0.02	0.09	-0.38	-0.35	-0.51	-0.21	-0.3	-0.05		0.46	0.31	-0.33
Good Will	0.53	0.68	-0.15	-0.35	0.78	-0.12	0.31	0.88	-0.36	0.45	0.74	-0.66	0.47	0.68	-0.12	0.71	-0.24	-0.67	-0.77	0.13	-0.13	0.11	0.46		0.38	0.38
Common Stock Total Equity	0.81	0.7	0.75	0.56	0.82	0.69	0.38	0.75	0.46	0.52	0.73	0.02	0.52	0.58	-0.79	0.66	0.55	0.32	0.08	0.75	0.68	0.84	0.31	0.38		0.46
Intangible Assets	0.76	0.82	0.35	0.53	0.55	0.66	0.95	0.54	0.56	-0.29	0.79	0.31	-0.3	0.82	-0.68	0.84	0.64	0.11	0.08	0.82	0.67	0.64	-0.33	0.38	0.46

Click cells to compare fundamentals

Patterson Companies Account Relationship Matchups

Patterson Companies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.8B	2.7B	2.9B	3.3B	1.9B
Short Long Term Debt Total	668.3M	721.9M	590.2M	628.0M	722.2M	482.2M
Other Current Liab	182.1M	294.4M	237.4M	295.9M	340.3M	357.4M
Total Current Liabilities	1.1B	1.1B	1.0B	1.1B	1.2B	1.3B
Total Stockholder Equity	836.4M	964.7M	1.0B	1.1B	1.3B	933.7M
Property Plant And Equipment Net	382.7M	296.7M	283.9M	305.2M	351.0M	368.6M
Net Debt	590.4M	578.6M	448.2M	468.3M	538.6M	565.5M
Retained Earnings	799.7M	855.7M	921.7M	972.1M	1.1B	917.8M
Accounts Payable	862.1M	609.3M	681.3M	725.0M	833.7M	875.4M
Cash	77.9M	143.2M	142.0M	159.7M	183.6M	186.4M
Non Current Assets Total	1.2B	1.1B	1.1B	1.1B	1.3B	882.3M
Non Currrent Assets Other	337.6M	89.9M	246.3M	123.3M	141.8M	148.9M
Cash And Short Term Investments	77.9M	143.2M	142.0M	159.7M	183.6M	192.8M
Net Receivables	416.5M	449.2M	447.2M	477.4M	549.0M	383.5M
Common Stock Shares Outstanding	94.2M	96.7M	98.5M	97.8M	88.0M	95.4M
Liabilities And Stockholders Equity	2.7B	2.8B	2.7B	2.9B	3.3B	1.9B
Non Current Liabilities Total	804.0M	697.2M	683.3M	675.3M	776.6M	489.9M
Inventory	812.2M	736.8M	785.6M	795.1M	914.3M	960.0M
Other Current Assets	236.1M	286.7M	304.2M	351.0M	403.7M	423.8M
Other Stockholder Equity	132.9M	170.6M	201.5M	233.7M	268.8M	282.2M
Total Liab	1.9B	1.8B	1.7B	1.8B	2.0B	2.1B
Property Plant And Equipment Gross	382.7M	296.7M	283.9M	305.2M	351.0M	368.6M
Total Current Assets	1.5B	1.6B	1.7B	1.8B	2.1B	2.2B
Accumulated Other Comprehensive Income	(97.0M)	(62.6M)	(81.5M)	(89.3M)	(80.3M)	(76.3M)
Short Term Debt	30.7M	186.0M	58.3M	109.4M	125.8M	111.5M
Good Will	138.7M	139.9M	140.6M	156.4M	179.9M	170.9M
Common Stock Total Equity	953K	959K	968K	964K	1.1M	1.0M
Intangible Assets	313.5M	279.6M	252.6M	231.9M	266.7M	277.6M
Common Stock	953K	959K	968K	964K	1.1M	1.0M
Other Liab	153.3M	161.3M	141.4M	156.7M	180.2M	97.2M
Other Assets	337.4M	419.4M	226.4M	242.5M	278.8M	207.8M
Property Plant Equipment	303.7M	219.4M	213.1M	212.3M	244.1M	196.5M
Current Deferred Revenue	22.0M	134.5M	38.6M	(45M)	(40.5M)	(38.5M)
Long Term Debt	587.8M	487.5M	488.6M	451.2M	518.9M	649.2M
Net Tangible Assets	381.9M	543.6M	648.4M	729.2M	838.6M	447.3M
Noncontrolling Interest In Consolidated Entity	2.3M	1.5M	959K	1M	900K	855K
Retained Earnings Total Equity	799.7M	855.7M	921.7M	972.1M	874.9M	1.1B
Long Term Debt Total	587.8M	487.5M	488.6M	451.2M	406.1M	558.9M

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When determining whether Patterson Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Patterson Companies' 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 Patterson Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Patterson Companies Stock:

How To Invest In Patterson

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Is Patterson Stock a good investment?

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What is Patterson Companies' Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.

Note that the Patterson Companies information on this page should be used as a complementary analysis to other Patterson Companies' 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Patterson Companies' price analysis, check to measure Patterson Companies' 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 Patterson Companies is operating at the current time. Most of Patterson Companies' value examination focuses on studying past and present price action to predict the probability of Patterson Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson Companies' price. Additionally, you may evaluate how the addition of Patterson Companies to your portfolios can decrease your overall portfolio volatility.

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Is Patterson Companies' 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 Patterson Companies. If investors know Patterson 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 Patterson Companies 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

(0.06)

Dividend Share

1.04

Earnings Share

2.03

Revenue Per Share

69.215

Quarterly Revenue Growth

0.01

The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' 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 Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' 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 Patterson Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' 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.

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Patterson Long Term Debt vs Accounts Payable Analysis

Long Term Debt vs Accounts Payable

Long Term Debt vs Accounts Payable Correlation Analysis

Correlation Coefficient

Long Term Debt

Accounts Payable

Patterson Companies fundamental ratios Correlations

Patterson Companies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Patterson Companies fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Non Current Liabilities Total	+ 0.98	Short Long Term Debt Total
Inventory	+ 0.98	Total Current Liabilities
Retained Earnings	+ 0.98	Total Stockholder Equity
Inventory	+ 0.98	Accounts Payable

Total Liab	- 0.94	Common Stock Shares Outstanding
Total Current Assets	- 0.93	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.93	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.92	Common Stock Shares Outstanding
Inventory	- 0.89	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.85	Total Current Liabilities