Unilever Accounts Payable vs Non Current Assets Total Analysis

ULVR Stock   4,878  59.00  1.20%   
Unilever PLC financial indicator trend analysis is much more than just breaking down Unilever PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Unilever PLC is a good investment. Please check the relationship between Unilever PLC Accounts Payable and its Non Current Assets Total accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unilever PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Non Current Assets Total

Accounts Payable vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Unilever PLC Accounts Payable account and Non Current Assets Total. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Unilever PLC's Accounts Payable and Non Current Assets Total is 0.82. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Assets Total in the same time period over historical financial statements of Unilever PLC, assuming nothing else is changed. The correlation between historical values of Unilever PLC's Accounts Payable and Non Current Assets Total 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 Unilever PLC are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Accounts Payable i.e., Unilever PLC's Accounts Payable and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

0.82
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Unilever PLC 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 Unilever PLC 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
Most indicators from Unilever PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Unilever PLC 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Unilever PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to gain to about 7.8 B in 2024. Tax Provision is likely to gain to about 2.3 B in 2024
 2021 2022 2023 2024 (projected)
Interest Expense491M818M1.1B697.3M
Depreciation And Amortization1.8B1.9B1.6B1.4B

Unilever PLC fundamental ratios Correlations

0.82-0.450.950.830.790.40.810.660.820.831.00.760.810.53-0.26-0.70.090.950.570.02-0.640.990.620.910.58
0.82-0.780.740.440.620.651.00.770.70.740.780.890.80.75-0.48-0.930.470.880.54-0.07-0.760.870.750.920.51
-0.45-0.78-0.290.06-0.11-0.63-0.79-0.46-0.33-0.52-0.4-0.63-0.67-0.690.60.65-0.61-0.65-0.260.260.53-0.55-0.46-0.69-0.21
0.950.74-0.290.850.840.280.740.640.840.70.950.690.650.36-0.07-0.64-0.020.840.480.25-0.610.930.580.850.75
0.830.440.060.850.720.210.430.570.610.610.850.560.530.23-0.06-0.44-0.170.640.570.17-0.490.740.510.620.52
0.790.62-0.110.840.720.080.610.390.770.620.80.460.490.260.2-0.6-0.170.70.230.13-0.30.780.370.60.52
0.40.65-0.630.280.210.080.650.770.050.370.350.760.510.72-0.68-0.720.690.460.76-0.12-0.780.410.780.620.1
0.811.0-0.790.740.430.610.650.780.690.70.770.90.770.75-0.48-0.930.490.870.52-0.06-0.770.860.770.910.53
0.660.77-0.460.640.570.390.770.780.450.410.630.920.520.63-0.59-0.820.590.60.80.12-0.980.640.970.750.48
0.820.7-0.330.840.610.770.050.690.450.670.820.530.620.36-0.06-0.53-0.030.80.320.18-0.430.840.40.730.55
0.830.74-0.520.70.610.620.370.70.410.670.810.630.940.56-0.32-0.640.050.860.47-0.2-0.360.830.380.810.39
1.00.78-0.40.950.850.80.350.770.630.820.810.730.790.5-0.22-0.670.040.940.540.01-0.610.980.590.870.56
0.760.89-0.630.690.560.460.760.90.920.530.630.730.710.78-0.63-0.910.540.750.73-0.1-0.90.760.920.860.52
0.810.8-0.670.650.530.490.510.770.520.620.940.790.710.71-0.54-0.690.350.880.55-0.31-0.510.830.520.860.34
0.530.75-0.690.360.230.260.720.750.630.360.560.50.780.71-0.78-0.770.650.640.63-0.58-0.630.560.730.650.12
-0.26-0.480.6-0.07-0.060.2-0.68-0.48-0.59-0.06-0.32-0.22-0.63-0.54-0.780.49-0.75-0.35-0.60.490.63-0.26-0.65-0.430.0
-0.7-0.930.65-0.64-0.44-0.6-0.72-0.93-0.82-0.53-0.64-0.67-0.91-0.69-0.770.49-0.54-0.74-0.590.150.77-0.73-0.83-0.78-0.39
0.090.47-0.61-0.02-0.17-0.170.690.490.59-0.030.050.040.540.350.65-0.75-0.540.190.42-0.32-0.640.120.670.33-0.01
0.950.88-0.650.840.640.70.460.870.60.80.860.940.750.880.64-0.35-0.740.190.5-0.13-0.60.980.570.920.45
0.570.54-0.260.480.570.230.760.520.80.320.470.540.730.550.63-0.6-0.590.420.50.0-0.790.510.80.650.2
0.02-0.070.260.250.170.13-0.12-0.060.120.18-0.20.01-0.1-0.31-0.580.490.15-0.32-0.130.0-0.110.0-0.050.070.45
-0.64-0.760.53-0.61-0.49-0.3-0.78-0.77-0.98-0.43-0.36-0.61-0.9-0.51-0.630.630.77-0.64-0.6-0.79-0.11-0.63-0.95-0.76-0.45
0.990.87-0.550.930.740.780.410.860.640.840.830.980.760.830.56-0.26-0.730.120.980.510.0-0.630.60.930.57
0.620.75-0.460.580.510.370.780.770.970.40.380.590.920.520.73-0.65-0.830.670.570.8-0.05-0.950.60.710.42
0.910.92-0.690.850.620.60.620.910.750.730.810.870.860.860.65-0.43-0.780.330.920.650.07-0.760.930.710.62
0.580.51-0.210.750.520.520.10.530.480.550.390.560.520.340.120.0-0.39-0.010.450.20.45-0.450.570.420.62
Click cells to compare fundamentals

Unilever PLC Account Relationship Matchups

Unilever PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets64.8B67.7B75.1B77.8B75.3B44.5B
Short Long Term Debt Total28.3B26.8B29.7B29.3B28.6B30.0B
Other Current Liab39M43M44M1.8B167M158.7M
Total Current Liabilities21.0B20.6B24.8B25.4B23.5B16.7B
Total Stockholder Equity13.2B15.3B17.1B19.0B18.1B11.0B
Property Plant And Equipment Net10.3B12.1B10.6B10.8B10.7B9.6B
Current Deferred Revenue1.5B2.1B2.8B8.1B9.3B9.8B
Net Debt24.1B21.2B26.3B24.1B24.4B25.7B
Retained Earnings18.2B22.5B46.7B50.3B47.1B49.4B
Accounts Payable14.8B14.1B14.9B18.0B10.4B8.6B
Cash4.2B5.5B3.4B4.3B4.2B2.7B
Non Current Assets Total48.4B51.5B57.7B58.7B57.4B29.4B
Non Currrent Assets Other4.0B4.5B7.4B6.6B6.6B7.0B
Cash And Short Term Investments5.1B6.3B4.5B5.5B6.1B3.7B
Net Receivables4.9B3.4B3.6B4.5B4.0B4.2B
Common Stock Shares Outstanding2.6B2.6B2.6B2.6B2.5B2.4B
Short Term Investments907M749M1.1B1.2B2.0B2.0B
Liabilities And Stockholders Equity64.8B67.7B75.1B77.8B75.3B44.4B
Non Current Liabilities Total29.9B29.4B30.6B30.7B31.0B16.0B
Inventory4.2B4.5B4.7B5.9B5.1B4.9B
Other Current Assets2.4B2.2B5.0B7.7B3.5B5.8B
Other Stockholder Equity(5.4B)(7.4B)(29.7B)(31.3B)(29.0B)(27.6B)
Total Liab50.9B50.0B55.3B56.1B54.5B32.6B
Property Plant And Equipment Gross12.1B10.6B22.1B23.1B22.8B24.0B
Total Current Assets16.4B16.2B17.4B19.2B17.9B15.1B
Accumulated Other Comprehensive Income(4.9B)(80.4B)(79.2B)(79.4B)(75.6B)(71.9B)
Short Term Debt4.7B4.3B7.1B5.6B4.9B4.9B
Other Assets4.6B5.2B7.8B6.3B7.2B7.5B
Intangible Assets13.0B16.0B18.3B18.9B18.4B12.5B
Other Liab6.4B6.6B7.7B7.0B8.0B6.6B
Long Term Debt21.8B21.1B21.3B23.7B22.6B13.3B
Good Will18.1B18.9B20.3B21.6B21.1B18.1B
Property Plant Equipment12.1B10.6B10.3B10.8B12.4B9.8B
Treasury Stock(9.2B)(10.2B)(703M)(483M)(434.7M)(456.4M)
Net Tangible Assets(17.8B)(19.7B)(21.5B)(21.5B)(19.3B)(20.3B)
Short Long Term Debt4.1B3.9B6.7B5.2B4.6B4.0B
Long Term Debt Total23.4B22.5B22.6B23.7B27.3B20.9B

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