NVIDIA Accounts Payable vs Gross Profit Analysis

NVDA Stock

USD 796.77 27.46 3.33%

NVIDIA financial indicator trend analysis is infinitely more than just investigating NVIDIA recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NVIDIA is a good investment. Please check the relationship between NVIDIA Accounts Payable and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVIDIA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.

Accounts Payable vs Gross Profit

Accounts Payable vs Gross Profit Correlation Analysis

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

The correlation between NVIDIA's Accounts Payable and Gross Profit is 0.98. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Gross Profit in the same time period over historical financial statements of NVIDIA, assuming nothing else is changed. The correlation between historical values of NVIDIA's Accounts Payable and Gross Profit 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 NVIDIA are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Accounts Payable i.e., NVIDIA's Accounts Payable and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents NVIDIA 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 NVIDIA 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of NVIDIA minus its cost of goods sold. It is profit before NVIDIA operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from NVIDIA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NVIDIA 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 NVIDIA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.At present, NVIDIA's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Tax Provision is expected to grow to about 4.3 B, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.11.

	2021	2022	2023	2024 (projected)
Gross Profit	17.5B	15.4B	44.3B	46.5B
Total Revenue	26.9B	27.0B	60.9B	64.0B

Gross Profit Total Revenue

NVIDIA 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	Other Liab	Other Assets	Long Term Debt
Total Assets		0.94	0.97	0.97	1.0	0.97	0.57	0.92	0.99	0.59	0.98	0.91	0.98	0.98	0.36	0.94	0.95	0.89	0.86	0.99	0.98	0.99	0.63	0.98	0.98	0.91
Short Long Term Debt Total	0.94		0.88	0.88	0.9	0.95	0.75	0.8	0.89	0.43	0.97	0.98	0.91	0.84	0.36	0.99	0.92	0.71	0.84	0.98	0.87	0.9	0.59	0.96	0.95	0.99
Other Current Liab	0.97	0.88		0.99	0.97	0.95	0.5	0.88	0.95	0.6	0.95	0.85	0.92	0.97	0.27	0.88	0.98	0.94	0.88	0.96	0.99	0.97	0.7	0.95	0.97	0.83
Total Current Liabilities	0.97	0.88	0.99		0.97	0.93	0.52	0.89	0.96	0.57	0.95	0.84	0.93	0.97	0.31	0.87	0.95	0.95	0.86	0.95	0.98	0.97	0.77	0.95	0.96	0.82
Total Stockholder Equity	1.0	0.9	0.97	0.97		0.95	0.51	0.94	0.99	0.62	0.96	0.87	0.98	0.99	0.35	0.91	0.93	0.92	0.84	0.97	0.99	1.0	0.62	0.96	0.96	0.87
Property Plant And Equipment Net	0.97	0.95	0.95	0.93	0.95		0.56	0.88	0.93	0.62	0.98	0.93	0.93	0.91	0.37	0.96	0.97	0.82	0.83	0.98	0.95	0.95	0.6	0.99	0.98	0.92
Net Debt	0.57	0.75	0.5	0.52	0.51	0.56		0.35	0.52	-0.27	0.68	0.81	0.5	0.45	0.16	0.73	0.59	0.31	0.63	0.66	0.45	0.5	0.45	0.61	0.65	0.77
Retained Earnings	0.92	0.8	0.88	0.89	0.94	0.88	0.35		0.94	0.68	0.86	0.74	0.94	0.93	0.41	0.81	0.82	0.86	0.62	0.87	0.92	0.94	0.55	0.89	0.83	0.76
Accounts Payable	0.99	0.89	0.95	0.96	0.99	0.93	0.52	0.94		0.59	0.95	0.86	0.98	0.98	0.36	0.9	0.9	0.91	0.83	0.95	0.97	0.99	0.61	0.94	0.94	0.86
Cash	0.59	0.43	0.6	0.57	0.62	0.62	-0.27	0.68	0.59		0.49	0.32	0.64	0.62	0.3	0.46	0.53	0.6	0.36	0.52	0.65	0.63	0.25	0.56	0.5	0.4
Non Current Assets Total	0.98	0.97	0.95	0.95	0.96	0.98	0.68	0.86	0.95	0.49		0.96	0.93	0.92	0.32	0.97	0.96	0.83	0.87	0.99	0.95	0.95	0.65	0.99	0.99	0.94
Non Currrent Assets Other	0.91	0.98	0.85	0.84	0.87	0.93	0.81	0.74	0.86	0.32	0.96		0.86	0.81	0.31	0.98	0.9	0.66	0.86	0.95	0.83	0.86	0.53	0.93	0.95	0.98
Cash And Short Term Investments	0.98	0.91	0.92	0.93	0.98	0.93	0.5	0.94	0.98	0.64	0.93	0.86		0.96	0.42	0.92	0.89	0.86	0.81	0.95	0.95	0.99	0.56	0.94	0.92	0.88
Net Receivables	0.98	0.84	0.97	0.97	0.99	0.91	0.45	0.93	0.98	0.62	0.92	0.81	0.96		0.28	0.85	0.92	0.96	0.84	0.93	0.99	0.99	0.63	0.92	0.93	0.8
Common Stock Shares Outstanding	0.36	0.36	0.27	0.31	0.35	0.37	0.16	0.41	0.36	0.3	0.32	0.31	0.42	0.28		0.37	0.33	0.19	0.18	0.36	0.3	0.37	0.25	0.41	0.28	0.36
Non Current Liabilities Total	0.94	0.99	0.88	0.87	0.91	0.96	0.73	0.81	0.9	0.46	0.97	0.98	0.92	0.85	0.37		0.92	0.71	0.84	0.98	0.87	0.91	0.53	0.96	0.96	0.99
Inventory	0.95	0.92	0.98	0.95	0.93	0.97	0.59	0.82	0.9	0.53	0.96	0.9	0.89	0.92	0.33	0.92		0.86	0.87	0.96	0.95	0.93	0.67	0.96	0.98	0.88
Other Current Assets	0.89	0.71	0.94	0.95	0.92	0.82	0.31	0.86	0.91	0.6	0.83	0.66	0.86	0.96	0.19	0.71	0.86		0.79	0.83	0.95	0.92	0.68	0.82	0.86	0.64
Other Stockholder Equity	0.86	0.84	0.88	0.86	0.84	0.83	0.63	0.62	0.83	0.36	0.87	0.86	0.81	0.84	0.18	0.84	0.87	0.79		0.88	0.84	0.84	0.58	0.83	0.91	0.82
Total Liab	0.99	0.98	0.96	0.95	0.97	0.98	0.66	0.87	0.95	0.52	0.99	0.95	0.95	0.93	0.36	0.98	0.96	0.83	0.88		0.95	0.96	0.65	0.98	0.99	0.95
Property Plant And Equipment Gross	0.98	0.87	0.99	0.98	0.99	0.95	0.45	0.92	0.97	0.65	0.95	0.83	0.95	0.99	0.3	0.87	0.95	0.95	0.84	0.95		0.98	0.66	0.95	0.96	0.82
Total Current Assets	0.99	0.9	0.97	0.97	1.0	0.95	0.5	0.94	0.99	0.63	0.95	0.86	0.99	0.99	0.37	0.91	0.93	0.92	0.84	0.96	0.98		0.61	0.95	0.95	0.87
Short Term Debt	0.63	0.59	0.7	0.77	0.62	0.6	0.45	0.55	0.61	0.25	0.65	0.53	0.56	0.63	0.25	0.53	0.67	0.68	0.58	0.65	0.66	0.61		0.66	0.65	0.48
Other Liab	0.98	0.96	0.95	0.95	0.96	0.99	0.61	0.89	0.94	0.56	0.99	0.93	0.94	0.92	0.41	0.96	0.96	0.82	0.83	0.98	0.95	0.95	0.66		0.97	0.92
Other Assets	0.98	0.95	0.97	0.96	0.96	0.98	0.65	0.83	0.94	0.5	0.99	0.95	0.92	0.93	0.28	0.96	0.98	0.86	0.91	0.99	0.96	0.95	0.65	0.97		0.93
Long Term Debt	0.91	0.99	0.83	0.82	0.87	0.92	0.77	0.76	0.86	0.4	0.94	0.98	0.88	0.8	0.36	0.99	0.88	0.64	0.82	0.95	0.82	0.87	0.48	0.92	0.93

Click cells to compare fundamentals

NVIDIA Account Relationship Matchups

High Positive Relationship

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Stockholder Equity
Accounts Payable	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total

High Negative Relationship

Cash

- 0.27

Net Debt

NVIDIA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.3B	28.8B	44.2B	41.2B	65.7B	69.0B
Short Long Term Debt Total	2.6B	7.6B	11.7B	11.9B	11.1B	11.6B
Other Current Liab	865M	1.4B	2.1B	3.8B	5.7B	6.0B
Total Current Liabilities	1.8B	3.9B	4.3B	6.6B	10.6B	11.2B
Total Stockholder Equity	12.2B	16.9B	26.6B	22.1B	43.0B	45.1B
Property Plant And Equipment Net	2.3B	2.9B	3.6B	4.8B	5.3B	5.5B
Net Debt	(8.3B)	6.8B	9.7B	8.5B	3.8B	4.0B
Retained Earnings	15.0B	18.9B	16.2B	10.2B	29.8B	31.3B
Accounts Payable	687M	1.2B	1.8B	1.2B	2.7B	2.8B
Cash	10.9B	847M	2.0B	3.4B	7.3B	7.6B
Non Current Assets Total	3.6B	12.7B	15.4B	18.1B	21.4B	22.5B
Non Currrent Assets Other	41M	2B	3.6B	3.5B	3.0B	3.1B
Cash And Short Term Investments	10.9B	11.6B	21.2B	13.3B	26.0B	27.3B
Net Receivables	1.7B	2.4B	4.7B	3.8B	10.0B	10.5B
Common Stock Shares Outstanding	2.5B	2.5B	2.5B	2.5B	2.5B	2.5B
Liabilities And Stockholders Equity	17.3B	28.8B	44.2B	41.2B	65.7B	69.0B
Non Current Liabilities Total	3.3B	8.0B	13.2B	12.5B	12.1B	12.7B
Inventory	979M	1.8B	2.6B	5.2B	5.3B	5.5B
Other Current Assets	157M	239M	366M	791M	3.1B	3.2B
Other Stockholder Equity	(2.8B)	(2.0B)	10.4B	12.0B	13.1B	13.8B
Total Liab	5.1B	11.9B	17.6B	19.1B	22.8B	23.9B
Property Plant And Equipment Gross	2.3B	2.9B	3.6B	4.8B	8.8B	9.2B
Total Current Assets	13.7B	16.1B	28.8B	23.1B	44.3B	46.6B
Accumulated Other Comprehensive Income	1M	19M	(11M)	(43M)	27M	28.4M
Other Liab	775M	1.4B	1.6B	1.9B	2.2B	2.3B
Other Assets	666M	3.0B	5.1B	6.9B	8.0B	8.4B
Long Term Debt	2.0B	6.0B	10.9B	9.7B	8.5B	8.9B
Property Plant Equipment	1.7B	2.1B	3.6B	3.8B	4.4B	4.6B
Short Term Investments	1M	10.7B	19.2B	9.9B	18.7B	19.6B
Current Deferred Revenue	141M	288M	300M	354M	764M	802.2M
Intangible Assets	49M	2.7B	2.3B	1.7B	1.1B	1.2B
Treasury Stock	(6.7B)	(9.3B)	(9.8B)	(10.8B)	(9.7B)	(9.2B)
Net Tangible Assets	11.5B	10.0B	19.9B	16.1B	18.5B	19.4B
Retained Earnings Total Equity	15.0B	18.9B	16.2B	10.2B	11.7B	8.6B
Long Term Debt Total	2.0B	6.0B	10.9B	9.7B	11.2B	11.7B
Capital Surpluse	7.0B	8.7B	10.4B	12.0B	13.8B	14.5B

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

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Is NVIDIA Stock a good investment?

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What is NVIDIA's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NVIDIA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.

For information on how to trade NVIDIA Stock refer to our How to Trade NVIDIA Stock guide.

Note that the NVIDIA information on this page should be used as a complementary analysis to other NVIDIA'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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

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Is NVIDIA'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 NVIDIA. If investors know NVIDIA 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 NVIDIA 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

7.613

Dividend Share

0.16

Earnings Share

11.95

Revenue Per Share

24.675

Quarterly Revenue Growth

2.653

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

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NVIDIA Accounts Payable vs Gross Profit Analysis

Accounts Payable vs Gross Profit

Accounts Payable vs Gross Profit Correlation Analysis

Correlation Coefficient

Accounts Payable

Gross Profit

NVIDIA fundamental ratios Correlations

NVIDIA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NVIDIA fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for NVIDIA Stock analysis

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