Wynn Current Deferred Revenue vs Accounts Payable Analysis

WYNN Stock  USD 96.39  0.80  0.82%   
Wynn Resorts financial indicator trend analysis is more than just analyzing Wynn Resorts Limited current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wynn Resorts Limited is a good investment. Please check the relationship between Wynn Resorts Current Deferred Revenue and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Current Deferred Revenue vs Accounts Payable

Current Deferred Revenue vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wynn Resorts Limited Current Deferred Revenue account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Wynn Resorts' Current Deferred Revenue and Accounts Payable is 0.66. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Wynn Resorts Limited, assuming nothing else is changed. The correlation between historical values of Wynn Resorts' Current Deferred Revenue 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 Current Deferred Revenue of Wynn Resorts 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 Current Deferred Revenue i.e., Wynn Resorts' Current Deferred Revenue and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Accounts Payable

An accounting item on the balance sheet that represents Wynn Resorts 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 Wynn Resorts 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 Wynn Resorts' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wynn Resorts 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 Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Wynn Resorts' Selling General Administrative is very stable compared to the past year. As of the 11th of May 2024, Tax Provision is likely to grow to about 9.1 M, while Issuance Of Capital Stock is likely to drop 0.00.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.3B2.1B1.3B
Total Revenue3.8B3.8B6.5B3.7B

Wynn Resorts fundamental ratios Correlations

0.430.88-0.010.820.610.890.540.950.870.680.750.740.970.890.990.040.570.940.98-0.250.980.30.720.670.94
0.430.49-0.080.670.110.35-0.130.330.420.470.30.470.410.450.430.720.810.420.4-0.540.430.060.50.690.41
0.880.490.210.60.630.790.520.720.820.760.750.690.80.850.850.130.460.740.82-0.10.830.270.860.780.73
-0.01-0.080.21-0.340.25-0.330.5-0.26-0.360.080.070.04-0.24-0.310.04-0.28-0.11-0.310.070.660.09-0.390.240.02-0.31
0.820.670.6-0.340.320.770.160.850.770.550.550.630.860.770.810.390.830.890.82-0.610.820.250.480.640.89
0.610.110.630.250.320.490.590.480.50.550.780.490.480.540.570.050.250.40.570.370.590.60.690.330.43
0.890.350.79-0.330.770.490.390.910.970.620.650.680.940.970.830.020.410.920.82-0.420.810.50.550.590.92
0.54-0.130.520.50.160.590.390.440.270.220.380.310.410.30.52-0.55-0.020.350.590.460.590.160.40.010.36
0.950.330.72-0.260.850.480.910.440.890.560.660.670.980.890.94-0.010.520.980.93-0.380.920.340.540.560.99
0.870.420.82-0.360.770.50.970.270.890.630.670.680.931.00.820.180.470.920.78-0.440.780.490.620.660.91
0.680.470.760.080.550.550.620.220.560.630.850.450.610.660.660.20.390.560.66-0.240.650.40.770.880.56
0.750.30.750.070.550.780.650.380.660.670.850.430.670.710.730.150.310.610.730.010.730.60.820.660.63
0.740.470.690.040.630.490.680.310.670.680.450.430.690.70.720.150.530.670.71-0.180.720.140.440.470.67
0.970.410.8-0.240.860.480.940.410.980.930.610.670.690.940.950.060.560.990.93-0.420.930.350.620.650.99
0.890.450.85-0.310.770.540.970.30.891.00.660.710.70.940.850.20.490.910.8-0.40.80.490.670.690.91
0.990.430.850.040.810.570.830.520.940.820.660.730.720.950.850.040.60.930.98-0.240.990.220.710.690.93
0.040.720.13-0.280.390.050.02-0.55-0.010.180.20.150.150.060.20.040.680.08-0.02-0.370.020.060.280.420.07
0.570.810.46-0.110.830.250.41-0.020.520.470.390.310.530.560.490.60.680.590.57-0.510.61-0.020.450.610.58
0.940.420.74-0.310.890.40.920.350.980.920.560.610.670.990.910.930.080.590.91-0.50.90.310.550.621.0
0.980.40.820.070.820.570.820.590.930.780.660.730.710.930.80.98-0.020.570.91-0.211.00.220.660.630.91
-0.25-0.54-0.10.66-0.610.37-0.420.46-0.38-0.44-0.240.01-0.18-0.42-0.4-0.24-0.37-0.51-0.5-0.21-0.2-0.050.04-0.49-0.47
0.980.430.830.090.820.590.810.590.920.780.650.730.720.930.80.990.020.610.91.0-0.20.220.690.640.91
0.30.060.27-0.390.250.60.50.160.340.490.40.60.140.350.490.220.06-0.020.310.22-0.050.220.350.170.34
0.720.50.860.240.480.690.550.40.540.620.770.820.440.620.670.710.280.450.550.660.040.690.350.760.55
0.670.690.780.020.640.330.590.010.560.660.880.660.470.650.690.690.420.610.620.63-0.490.640.170.760.61
0.940.410.73-0.310.890.430.920.360.990.910.560.630.670.990.910.930.070.581.00.91-0.470.910.340.550.61
Click cells to compare fundamentals

Wynn Resorts Account Relationship Matchups

Wynn Resorts fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets13.9B13.9B12.5B13.4B14.0B8.8B
Other Current Liab572.3M489.1M631.0M560.3M1.2B1.3B
Total Current Liabilities2.0B1.9B1.3B1.8B2.2B1.1B
Total Stockholder Equity1.7B(352.0M)(214.4M)(750.8M)(251.4M)(238.8M)
Net Debt8.2B9.7B9.5B10.1B10.5B11.1B
Accounts Payable262.4M148.5M170.5M197.5M208.3M187.0M
Cash2.4B3.5B2.5B3.7B2.9B1.8B
Other Assets791.8M581.6M210.7M391.0M1.00.95
Long Term Debt10.1B12.5B11.9B11.6B11.0B6.4B
Cash And Short Term Investments2.4B3.5B2.5B3.7B3.7B1.9B
Common Stock Shares Outstanding107.0M106.7M113.8M113.6M112.9M109.0M
Liabilities And Stockholders Equity13.9B13.9B12.5B13.4B14.0B8.8B
Inventory88.5M66.3M70.0M70.1M75.6M66.5M
Other Current Assets69.5M64.7M84.0M93.0M91.3M68.9M
Total Liab12.3B14.6B13.4B15.1B15.1B7.8B
Total Current Assets2.9B3.8B2.9B4.0B4.2B2.3B
Property Plant Equipment9.6B9.2B9.1B8.7B10.1B5.7B
Intangible Assets146.4M134.1M177.8M154.7M311.2M326.8M
Short Long Term Debt Total10.6B13.2B12.0B13.7B13.4B7.3B
Property Plant And Equipment Net10.1B9.6B9.1B8.7B8.5B6.4B
Retained Earnings641.8M(1.5B)(2.3B)(2.7B)(2.1B)(2.0B)
Non Current Assets Total11.0B10.1B9.7B9.4B9.8B7.0B
Non Currrent Assets Other223.1M183.0M210.7M391.0M221.5M257.3M
Net Receivables346.4M200.2M199.5M216.0M350.4M202.5M
Common Stock Total Equity1.2M1.2M1.2M1.3M1.5M1.3M
Non Current Liabilities Total10.3B12.7B12.1B13.2B12.9B7.3B
Other Stockholder Equity1.1B1.2B2.1B2.0B1.8B1.0B
Property Plant And Equipment Gross10.1B9.2B14.9B14.8B15.1B15.9B
Accumulated Other Comprehensive Income(1.7M)3.6M6.0M(404K)3.4M3.6M
Short Term Debt323.9M596.4M50M547.5M732.3M768.9M
Common Stock1.2M1.2M1.3M1.3M1.3M1.3M
Other Liab86.2M67.6M33.8M30.2M34.7M33.0M
Current Deferred Revenue824.3M646.9M436.4M506.1M56.1M53.3M
Treasury Stock(1.3B)(1.4B)(1.4B)(1.4B)(1.3B)(1.4B)
Net Tangible Assets1.6B(630.2M)(339.4M)(996.1M)(896.5M)(851.7M)
Noncontrolling Interest In Consolidated Entity(219.3M)(201.6M)(385.3M)(621.8M)(559.6M)(531.6M)
Retained Earnings Total Equity921.8M641.8M(1.5B)(2.3B)(2.1B)(2.0B)

Wynn Resorts Investors Sentiment

The influence of Wynn Resorts' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Wynn. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Wynn Resorts' public news can be used to forecast risks associated with an investment in Wynn. The trend in average sentiment can be used to explain how an investor holding Wynn can time the market purely based on public headlines and social activities around Wynn Resorts Limited. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Wynn Resorts' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Wynn Resorts' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Wynn Resorts' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Wynn Resorts.

Wynn Resorts Implied Volatility

    
  42.25  
Wynn Resorts' implied volatility exposes the market's sentiment of Wynn Resorts Limited stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Wynn Resorts' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Wynn Resorts stock will not fluctuate a lot when Wynn Resorts' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wynn Resorts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wynn Resorts' short interest history, or implied volatility extrapolated from Wynn Resorts options trading.

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 Wynn Resorts Limited offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wynn Resorts' 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 Wynn Resorts Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wynn Resorts Limited Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wynn Resorts Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Is Wynn Resorts' 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 Wynn Resorts. If investors know Wynn 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 Wynn Resorts 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
21.116
Dividend Share
1
Earnings Share
7.64
Revenue Per Share
62.192
Quarterly Revenue Growth
0.309
The market value of Wynn Resorts Limited is measured differently than its book value, which is the value of Wynn that is recorded on the company's balance sheet. Investors also form their own opinion of Wynn Resorts' value that differs from its market value or its book value, called intrinsic value, which is Wynn Resorts' 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 Wynn Resorts' market value can be influenced by many factors that don't directly affect Wynn Resorts' 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 Wynn Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wynn Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wynn Resorts' 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.