Amazon Operating Income vs Accounts Payable Analysis

AMZN Stock

USD 176.59 2.95 1.64%

Amazon financial indicator trend analysis is way more than just evaluating Amazon Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amazon Inc is a good investment. Please check the relationship between Amazon Operating Income and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amazon 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 nation.

Operating Income vs Accounts Payable

Operating Income vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amazon Inc Operating Income account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Amazon's Operating Income and Accounts Payable is 0.92. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Amazon Inc, assuming nothing else is changed. The correlation between historical values of Amazon's Operating Income 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 Operating Income of Amazon 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 Operating Income i.e., Amazon's Operating Income and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Amazon Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Amazon Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Accounts Payable

An accounting item on the balance sheet that represents Amazon 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 Amazon 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 Amazon's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amazon 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 Amazon 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 nation.

At this time, Amazon's Tax Provision is very stable compared to the past year. As of the 24th of April 2024, Selling General Administrative is likely to grow to about 12.4 B, while Enterprise Value Over EBITDA is likely to drop 17.51.

	2021	2022	2023	2024 (projected)
Gross Profit	197.5B	225.2B	270.0B	283.5B
Total Revenue	469.8B	514.0B	574.8B	603.5B

Gross Profit Total Revenue

Amazon fundamental ratios Correlations

	Total Assets	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	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments	Intangible Assets
Total Assets		0.97	0.99	0.99	0.99	0.94	0.99	0.98	0.96	1.0	0.55	0.95	0.45	0.98	0.9	0.98	1.0	0.97	0.99	0.99	1.0	0.94	0.99	0.81	0.54	0.97
Other Current Liab	0.97		0.98	0.94	0.95	0.91	0.93	0.97	0.96	0.96	0.65	0.93	0.53	0.98	0.83	0.95	0.98	0.91	0.97	0.97	0.98	0.84	0.99	0.78	0.49	0.97
Total Current Liabilities	0.99	0.98		0.97	0.98	0.94	0.96	1.0	0.96	0.98	0.56	0.97	0.51	0.99	0.89	0.96	1.0	0.94	1.0	0.99	0.99	0.93	0.99	0.76	0.59	0.97
Total Stockholder Equity	0.99	0.94	0.97		0.99	0.91	1.0	0.95	0.96	0.99	0.53	0.92	0.39	0.95	0.89	0.99	0.97	0.99	0.96	0.97	0.98	0.94	0.97	0.86	0.46	0.95
Property Plant And Equipment Net	0.99	0.95	0.98	0.99		0.95	0.99	0.97	0.94	1.0	0.48	0.93	0.4	0.96	0.93	0.98	0.99	0.98	0.97	0.99	0.99	0.96	0.97	0.84	0.51	0.95
Net Debt	0.94	0.91	0.94	0.91	0.95		0.93	0.93	0.83	0.94	0.5	0.91	0.37	0.94	0.92	0.89	0.95	0.87	0.93	0.97	0.96	0.9	0.91	0.7	0.65	0.88
Retained Earnings	0.99	0.93	0.96	1.0	0.99	0.93		0.95	0.94	0.99	0.52	0.92	0.37	0.94	0.9	0.99	0.97	0.99	0.96	0.97	0.98	0.95	0.96	0.84	0.5	0.94
Accounts Payable	0.98	0.97	1.0	0.95	0.97	0.93	0.95		0.94	0.97	0.54	0.98	0.54	0.99	0.88	0.95	0.99	0.92	1.0	0.98	0.98	0.93	0.98	0.72	0.63	0.96
Cash	0.96	0.96	0.96	0.96	0.94	0.83	0.94	0.94		0.96	0.59	0.9	0.48	0.93	0.8	0.98	0.95	0.96	0.95	0.94	0.94	0.87	0.97	0.85	0.36	0.97
Non Current Assets Total	1.0	0.96	0.98	0.99	1.0	0.94	0.99	0.97	0.96		0.54	0.93	0.41	0.97	0.9	0.99	0.99	0.98	0.97	0.99	0.99	0.94	0.98	0.85	0.49	0.96
Non Currrent Assets Other	0.55	0.65	0.56	0.53	0.48	0.5	0.52	0.54	0.59	0.54		0.54	0.29	0.56	0.26	0.55	0.56	0.48	0.56	0.56	0.56	0.35	0.59	0.41	0.23	0.58
Cash And Short Term Investments	0.95	0.93	0.97	0.92	0.93	0.91	0.92	0.98	0.9	0.93	0.54		0.53	0.96	0.84	0.9	0.97	0.87	0.99	0.94	0.95	0.91	0.96	0.61	0.73	0.93
Common Stock Shares Outstanding	0.45	0.53	0.51	0.39	0.4	0.37	0.37	0.54	0.48	0.41	0.29	0.53		0.57	0.4	0.42	0.48	0.35	0.52	0.43	0.44	0.36	0.5	0.22	0.39	0.47
Inventory	0.98	0.98	0.99	0.95	0.96	0.94	0.94	0.99	0.93	0.97	0.56	0.96	0.57		0.88	0.94	0.99	0.91	0.99	0.98	0.99	0.89	0.98	0.73	0.6	0.96
Other Current Assets	0.9	0.83	0.89	0.89	0.93	0.92	0.9	0.88	0.8	0.9	0.26	0.84	0.4	0.88		0.87	0.9	0.87	0.87	0.91	0.9	0.93	0.86	0.76	0.54	0.79
Other Stockholder Equity	0.98	0.95	0.96	0.99	0.98	0.89	0.99	0.95	0.98	0.99	0.55	0.9	0.42	0.94	0.87		0.97	0.99	0.96	0.97	0.97	0.92	0.97	0.89	0.39	0.96
Total Liab	1.0	0.98	1.0	0.97	0.99	0.95	0.97	0.99	0.95	0.99	0.56	0.97	0.48	0.99	0.9	0.97		0.94	0.99	1.0	1.0	0.93	0.99	0.78	0.58	0.97
Property Plant And Equipment Gross	0.97	0.91	0.94	0.99	0.98	0.87	0.99	0.92	0.96	0.98	0.48	0.87	0.35	0.91	0.87	0.99	0.94		0.93	0.95	0.95	0.93	0.94	0.9	0.37	0.93
Total Current Assets	0.99	0.97	1.0	0.96	0.97	0.93	0.96	1.0	0.95	0.97	0.56	0.99	0.52	0.99	0.87	0.96	0.99	0.93		0.98	0.99	0.93	0.99	0.72	0.63	0.97
Short Long Term Debt Total	0.99	0.97	0.99	0.97	0.99	0.97	0.97	0.98	0.94	0.99	0.56	0.94	0.43	0.98	0.91	0.97	1.0	0.95	0.98		1.0	0.93	0.98	0.8	0.55	0.96
Non Current Liabilities Total	1.0	0.98	0.99	0.98	0.99	0.96	0.98	0.98	0.94	0.99	0.56	0.95	0.44	0.99	0.9	0.97	1.0	0.95	0.99	1.0		0.93	0.98	0.79	0.56	0.96
Short Term Debt	0.94	0.84	0.93	0.94	0.96	0.9	0.95	0.93	0.87	0.94	0.35	0.91	0.36	0.89	0.93	0.92	0.93	0.93	0.93	0.93	0.93		0.9	0.76	0.58	0.87
Current Deferred Revenue	0.99	0.99	0.99	0.97	0.97	0.91	0.96	0.98	0.97	0.98	0.59	0.96	0.5	0.98	0.86	0.97	0.99	0.94	0.99	0.98	0.98	0.9		0.78	0.53	0.97
Common Stock Total Equity	0.81	0.78	0.76	0.86	0.84	0.7	0.84	0.72	0.85	0.85	0.41	0.61	0.22	0.73	0.76	0.89	0.78	0.9	0.72	0.8	0.79	0.76	0.78		-0.03	0.78
Short Term Investments	0.54	0.49	0.59	0.46	0.51	0.65	0.5	0.63	0.36	0.49	0.23	0.73	0.39	0.6	0.54	0.39	0.58	0.37	0.63	0.55	0.56	0.58	0.53	-0.03		0.48
Intangible Assets	0.97	0.97	0.97	0.95	0.95	0.88	0.94	0.96	0.97	0.96	0.58	0.93	0.47	0.96	0.79	0.96	0.97	0.93	0.97	0.96	0.96	0.87	0.97	0.78	0.48

Click cells to compare fundamentals

Amazon Account Relationship Matchups

Amazon fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	225.2B	321.2B	420.5B	462.7B	527.9B	554.2B
Other Current Liab	32.4B	28.0B	35.9B	47.7B	45.8B	48.1B
Total Current Liabilities	87.8B	126.4B	142.3B	155.4B	164.9B	173.2B
Total Stockholder Equity	62.1B	93.4B	138.2B	146.0B	201.9B	212.0B
Property Plant And Equipment Net	72.7B	150.7B	216.4B	252.8B	276.7B	290.5B
Net Debt	27.1B	42.0B	79.9B	85.9B	61.7B	64.8B
Retained Earnings	31.2B	52.6B	85.9B	83.2B	113.6B	119.3B
Accounts Payable	47.2B	72.5B	78.7B	79.6B	85.0B	89.2B
Cash	36.1B	42.4B	36.5B	54.3B	73.9B	77.6B
Non Current Assets Total	128.9B	188.5B	259.0B	315.9B	355.5B	373.3B
Non Currrent Assets Other	110.0B	14.8B	18.7B	34.6B	46.1B	48.4B
Cash And Short Term Investments	55.0B	84.7B	96.3B	70.4B	87.3B	91.6B
Common Stock Shares Outstanding	10.1B	10.2B	10.3B	10.2B	10.5B	9.4B
Liabilities And Stockholders Equity	225.2B	321.2B	420.5B	462.7B	527.9B	554.2B
Inventory	20.5B	23.8B	32.6B	34.4B	33.3B	35.0B
Other Current Assets	276M	4.9B	7.4B	8.9B	6.9B	7.2B
Other Stockholder Equity	31.8B	41.0B	53.7B	67.2B	91.2B	95.7B
Total Liab	163.2B	227.8B	282.3B	316.6B	326.0B	342.3B
Property Plant And Equipment Gross	72.7B	150.7B	216.4B	252.8B	396.8B	416.6B
Total Current Assets	96.3B	132.7B	161.6B	146.8B	172.4B	181.0B
Accumulated Other Comprehensive Income	(986M)	(180M)	(1.4B)	(4.5B)	(3.0B)	(2.9B)
Short Long Term Debt Total	63.2B	84.4B	116.4B	140.1B	135.6B	142.4B
Non Current Liabilities Total	75.4B	101.4B	140.0B	161.2B	161.1B	169.1B
Short Term Debt	1.3B	16.1B	15.9B	14.9B	18.9B	19.9B
Current Deferred Revenue	8.2B	9.7B	11.8B	13.2B	15.2B	16.0B
Short Term Investments	18.9B	42.3B	59.8B	16.1B	13.4B	8.9B
Intangible Assets	4.0B	5.0B	5.1B	6.1B	7.7B	8.1B
Good Will	14.8B	15.0B	15.4B	20.3B	22.8B	23.9B
Other Assets	10.1B	18.1B	27.2B	31.7B	36.4B	38.2B
Long Term Debt	23.4B	31.8B	48.7B	67.2B	58.3B	61.2B
Property Plant Equipment	72.7B	150.7B	216.4B	252.8B	290.8B	305.3B
Other Liab	12.2B	17.0B	23.6B	14.4B	16.6B	17.4B
Net Receivables	20.8B	24.3B	32.6B	42.0B	51.8B	54.3B
Net Tangible Assets	87.1B	131.0B	122.9B	198.7B	228.5B	240.0B
Retained Earnings Total Equity	31.2B	52.6B	85.9B	83.2B	95.7B	100.5B
Long Term Debt Total	23.4B	31.8B	48.7B	67.2B	77.2B	81.1B
Capital Surpluse	33.7B	42.9B	55.5B	75.1B	86.3B	90.6B

Pair Trading with Amazon

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amazon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amazon will appreciate offsetting losses from the drop in the long position's value.

Moving together with Amazon Stock

0.66	JD	JD Inc Adr Aggressive Push	Pair Corr
0.8	AEO	American Eagle Outfitters Financial Report 22nd of May 2024	Pair Corr

Moving against Amazon Stock

0.79	LVWR	LiveWire Group	Pair Corr
0.76	MELI	MercadoLibre Earnings Call This Week	Pair Corr
0.74	PDD	Pinduoduo Financial Report 24th of May 2024	Pair Corr
0.58	VC	Visteon Corp Earnings Call Tomorrow	Pair Corr
0.56	SBUX	Starbucks Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Amazon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amazon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amazon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amazon Inc to buy it.

The correlation of Amazon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amazon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amazon Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Amazon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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

How To Invest In Amazon

Details

Is Amazon Stock a good investment?

Details

What is Amazon's Net Worth?

Details

Largest Internet & Direct Marketing Retail Companies

View

Largest Consumer Discretionary Distribution & Retail Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amazon 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 nation.

Note that the Amazon Inc information on this page should be used as a complementary analysis to other Amazon's 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Amazon Stock analysis

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

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Is Amazon'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 Amazon. If investors know Amazon 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 Amazon 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

50.693

Earnings Share

2.91

Revenue Per Share

55.783

Quarterly Revenue Growth

0.139

Return On Assets

0.0465

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Amazon Operating Income vs Accounts Payable Analysis

Operating Income vs Accounts Payable

Operating Income vs Accounts Payable Correlation Analysis

Correlation Coefficient

Operating Income

Accounts Payable

Amazon fundamental ratios Correlations

Amazon Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Amazon fundamental ratios Accounts

Pair Trading with Amazon

Moving together with Amazon Stock

Moving against Amazon Stock

Complementary Tools for Amazon Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Current Liabilities