McKesson Payout Ratio vs Accounts Payable Analysis
MCK Stock | USD 527.32 2.49 0.47% |
McKesson financial indicator trend analysis is infinitely more than just investigating McKesson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McKesson is a good investment. Please check the relationship between McKesson Payout Ratio and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. 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. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
Payout Ratio vs Accounts Payable
Payout Ratio vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McKesson Payout Ratio account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between McKesson's Payout Ratio and Accounts Payable is 0.06. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of McKesson, assuming nothing else is changed. The correlation between historical values of McKesson's Payout Ratio 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 Payout Ratio of McKesson 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 Payout Ratio i.e., McKesson's Payout Ratio and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Payout Ratio
Payout Ratio is the proportion of McKesson earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of McKesson dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating McKesson is paying out more in dividends than it makes in net income.Accounts Payable
An accounting item on the balance sheet that represents McKesson 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 McKesson 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 McKesson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McKesson 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. 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. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.At this time, McKesson's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 855.2 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.05.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 13.1B | 12.4B | 14.2B | 14.9B | Total Revenue | 264.0B | 276.7B | 318.2B | 334.1B |
McKesson fundamental ratios Correlations
Click cells to compare fundamentals
McKesson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
McKesson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 61.2B | 65.0B | 63.3B | 62.3B | 71.7B | 75.3B | |
Short Long Term Debt Total | 9.4B | 9.4B | 7.5B | 7.3B | 8.4B | 4.6B | |
Other Current Liab | 683M | 9M | 9.3B | 4.2B | 4.8B | 2.8B | |
Total Current Liabilities | 42.6B | 44.1B | 48.5B | 48.0B | 55.2B | 57.9B | |
Total Stockholder Equity | 5.1B | (21M) | (2.3B) | (1.9B) | (2.1B) | (2.0B) | |
Property Plant And Equipment Net | 4.3B | 4.7B | 3.6B | 3.8B | 4.4B | 4.6B | |
Net Debt | 5.4B | 3.1B | 4.0B | 2.6B | 3.0B | 2.1B | |
Retained Earnings | 13.0B | 8.2B | 9.0B | 12.3B | 14.1B | 7.2B | |
Accounts Payable | 37.2B | 39.0B | 38.1B | 42.5B | 48.9B | 51.3B | |
Cash | 4.0B | 6.3B | 3.5B | 4.7B | 5.4B | 5.6B | |
Non Current Assets Total | 19.0B | 19.6B | 17.1B | 18.0B | 20.7B | 10.7B | |
Non Currrent Assets Other | 2.3B | 2.6B | 1.9B | 2.0B | 2.3B | 1.6B | |
Cash And Short Term Investments | 4.0B | 6.3B | 3.5B | 4.7B | 5.4B | 5.6B | |
Net Receivables | 20.0B | 19.2B | 18.6B | 19.4B | 22.3B | 23.4B | |
Common Stock Shares Outstanding | 182M | 160.6M | 154.1M | 142.2M | 128.0M | 186.9M | |
Liabilities And Stockholders Equity | 61.2B | 65.0B | 63.3B | 62.3B | 71.7B | 75.3B | |
Non Current Liabilities Total | 11.9B | 19.5B | 16.6B | 15.9B | 18.2B | 19.1B | |
Inventory | 16.7B | 19.2B | 18.7B | 19.7B | 22.6B | 23.8B | |
Other Current Assets | 617M | 665M | 5.4B | 496M | 570.4M | 674.8M | |
Other Stockholder Equity | (6.2B) | (6.7B) | (9.8B) | (13.3B) | (11.9B) | (11.3B) | |
Total Liab | 54.5B | 63.6B | 65.1B | 63.8B | 73.4B | 77.1B | |
Property Plant And Equipment Gross | 4.3B | 4.7B | 3.6B | 3.8B | 4.4B | 4.6B | |
Total Current Assets | 42.2B | 45.4B | 46.2B | 44.3B | 50.9B | 53.5B | |
Accumulated Other Comprehensive Income | (1.7B) | (1.5B) | (1.5B) | (905M) | (814.5M) | (855.2M) | |
Short Term Debt | 1.4B | 1.1B | 1.1B | 1.3B | 1.5B | 1.5B | |
Intangible Assets | 3.2B | 2.9B | 2.1B | 2.3B | 2.6B | 2.0B | |
Other Liab | 3.9B | 11.2B | 10.1B | 9.8B | 11.3B | 11.8B | |
Other Assets | 1.9B | 2.6B | 1.3B | 1.8B | 2.0B | 1.7B | |
Long Term Debt | 6.3B | 6.4B | 5.1B | 4.6B | 5.3B | 4.4B | |
Treasury Stock | (8.9B) | (12.9B) | (13.7B) | (17.0B) | (15.3B) | (14.6B) | |
Property Plant Equipment | 2.4B | 2.6B | 2.1B | 2.2B | 2.5B | 1.5B | |
Good Will | 9.4B | 9.5B | 9.5B | 9.9B | 11.4B | 6.7B | |
Net Tangible Assets | (4.4B) | (9.3B) | (12.4B) | (12.7B) | (11.4B) | (10.8B) | |
Noncontrolling Interest In Consolidated Entity | 217M | 196M | 480M | 367M | 422.1M | 302.3M | |
Retained Earnings Total Equity | 13.0B | 8.2B | 9.0B | 12.3B | 14.1B | 11.7B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. 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. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.Note that the McKesson information on this page should be used as a complementary analysis to other McKesson'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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Is McKesson'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 McKesson. If investors know McKesson 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 McKesson 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 (0.42) | Dividend Share 2.32 | Earnings Share 22.09 | Revenue Per Share 2.2 K | Quarterly Revenue Growth 0.148 |
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson'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 McKesson's market value can be influenced by many factors that don't directly affect McKesson'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 McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson'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.