ODP Gross Profit vs Accounts Payable Analysis

ODP Stock

USD 50.00 0.48 0.95%

ODP Corp financial indicator trend analysis is much more than just breaking down ODP Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ODP Corp is a good investment. Please check the relationship between ODP Corp Gross Profit and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. 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.

To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.

Gross Profit vs Accounts Payable

Gross Profit vs Accounts Payable Correlation Analysis

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

The correlation between ODP Corp's Gross Profit and Accounts Payable is 0.84. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of ODP Corp, assuming nothing else is changed. The correlation between historical values of ODP Corp's Gross Profit 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 Gross Profit of ODP Corp 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 Gross Profit i.e., ODP Corp's Gross Profit and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ODP Corp minus its cost of goods sold. It is profit before ODP Corp 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.

Accounts Payable

An accounting item on the balance sheet that represents ODP Corp 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 ODP Corp 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 ODP Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ODP Corp 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 Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. 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.

To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.At this time, ODP Corp's Selling General Administrative is relatively stable compared to the past year. As of 04/18/2024, Enterprise Value Over EBITDA is likely to grow to 5.70, while Sales General And Administrative To Revenue is likely to drop 0.13.

	2021	2022	2023	2024 (projected)
Interest Expense	28M	16M	20M	19M
Depreciation And Amortization	146M	199M	115M	176.1M

Interest Expense Depreciation And Amortization

ODP Corp 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	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	Accounts Payable	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.87	0.56	0.94	0.91	0.52	0.57	-0.4	0.86	0.89	0.51	0.86	0.87	0.76	0.96	0.83	0.55	0.88	0.98	0.1	0.91	0.26	0.88	0.27	0.54	0.67
Short Long Term Debt Total	0.87		0.41	0.79	0.85	0.6	0.85	-0.05	0.61	0.91	0.3	0.61	0.81	0.72	0.82	0.52	0.25	0.81	0.83	0.18	0.66	0.57	0.59	0.53	0.76	0.65
Other Current Liab	0.56	0.41		0.69	0.3	0.46	0.08	-0.55	0.68	0.33	0.41	0.68	0.68	0.25	0.56	0.64	0.64	0.36	0.65	0.04	0.67	0.13	0.72	-0.07	0.0	0.27
Total Current Liabilities	0.94	0.79	0.69		0.76	0.62	0.46	-0.54	0.87	0.75	0.62	0.87	0.9	0.7	0.86	0.85	0.61	0.76	0.97	0.19	0.93	0.32	0.92	0.04	0.35	0.55
Total Stockholder Equity	0.91	0.85	0.3	0.76		0.47	0.69	-0.1	0.65	0.95	0.44	0.66	0.68	0.78	0.82	0.62	0.26	0.88	0.82	0.12	0.69	0.28	0.69	0.47	0.76	0.57
Property Plant And Equipment Net	0.52	0.6	0.46	0.62	0.47		0.59	-0.03	0.26	0.61	0.61	0.26	0.47	0.47	0.35	0.21	0.06	0.39	0.51	0.47	0.34	0.56	0.4	0.16	0.39	-0.13
Net Debt	0.57	0.85	0.08	0.46	0.69	0.59		0.4	0.15	0.77	0.11	0.15	0.56	0.51	0.47	0.13	-0.19	0.49	0.48	0.46	0.28	0.77	0.25	0.62	0.87	0.34
Retained Earnings	-0.4	-0.05	-0.55	-0.54	-0.1	-0.03	0.4		-0.73	-0.03	-0.41	-0.73	-0.34	-0.3	-0.44	-0.72	-0.66	-0.37	-0.51	0.16	-0.65	0.41	-0.66	0.56	0.41	-0.22
Cash	0.86	0.61	0.68	0.87	0.65	0.26	0.15	-0.73		0.57	0.42	1.0	0.78	0.6	0.88	0.93	0.75	0.75	0.9	-0.13	0.95	-0.02	0.9	-0.03	0.13	0.67
Non Current Assets Total	0.89	0.91	0.33	0.75	0.95	0.61	0.77	-0.03	0.57		0.47	0.57	0.66	0.83	0.8	0.5	0.19	0.88	0.8	0.14	0.61	0.34	0.62	0.56	0.82	0.52
Non Currrent Assets Other	0.51	0.3	0.41	0.62	0.44	0.61	0.11	-0.41	0.42	0.47		0.42	0.32	0.54	0.36	0.45	0.3	0.42	0.51	0.25	0.45	0.02	0.59	-0.14	0.08	-0.08
Cash And Short Term Investments	0.86	0.61	0.68	0.87	0.66	0.26	0.15	-0.73	1.0	0.57	0.42		0.78	0.6	0.87	0.93	0.75	0.75	0.9	-0.13	0.95	-0.02	0.9	-0.03	0.13	0.67
Net Receivables	0.87	0.81	0.68	0.9	0.68	0.47	0.56	-0.34	0.78	0.66	0.32	0.78		0.48	0.85	0.78	0.63	0.59	0.91	0.16	0.89	0.5	0.81	0.2	0.38	0.71
Common Stock Shares Outstanding	0.76	0.72	0.25	0.7	0.78	0.47	0.51	-0.3	0.6	0.83	0.54	0.6	0.48		0.67	0.5	0.05	0.86	0.71	0.06	0.56	0.15	0.59	0.26	0.61	0.43
Non Current Liabilities Total	0.96	0.82	0.56	0.86	0.82	0.35	0.47	-0.44	0.88	0.8	0.36	0.87	0.85	0.67		0.85	0.65	0.84	0.96	-0.04	0.91	0.12	0.84	0.29	0.45	0.76
Inventory	0.83	0.52	0.64	0.85	0.62	0.21	0.13	-0.72	0.93	0.5	0.45	0.93	0.78	0.5	0.85		0.78	0.64	0.88	0.06	0.97	-0.05	0.95	-0.19	0.05	0.6
Other Current Assets	0.55	0.25	0.64	0.61	0.26	0.06	-0.19	-0.66	0.75	0.19	0.3	0.75	0.63	0.05	0.65	0.78		0.33	0.65	-0.21	0.77	-0.19	0.7	-0.22	-0.27	0.51
Other Stockholder Equity	0.88	0.81	0.36	0.76	0.88	0.39	0.49	-0.37	0.75	0.88	0.42	0.75	0.59	0.86	0.84	0.64	0.33		0.83	-0.1	0.7	0.05	0.68	0.32	0.6	0.61
Total Liab	0.98	0.83	0.65	0.97	0.82	0.51	0.48	-0.51	0.9	0.8	0.51	0.9	0.91	0.71	0.96	0.88	0.65	0.83		0.08	0.95	0.23	0.92	0.17	0.41	0.67
Property Plant And Equipment Gross	0.1	0.18	0.04	0.19	0.12	0.47	0.46	0.16	-0.13	0.14	0.25	-0.13	0.16	0.06	-0.04	0.06	-0.21	-0.1	0.08		0.05	0.57	0.18	-0.24	0.16	-0.32
Total Current Assets	0.91	0.66	0.67	0.93	0.69	0.34	0.28	-0.65	0.95	0.61	0.45	0.95	0.89	0.56	0.91	0.97	0.77	0.7	0.95	0.05		0.13	0.95	-0.04	0.18	0.68
Short Term Debt	0.26	0.57	0.13	0.32	0.28	0.56	0.77	0.41	-0.02	0.34	0.02	-0.02	0.5	0.15	0.12	-0.05	-0.19	0.05	0.23	0.57	0.13		0.06	0.29	0.46	0.16
Accounts Payable	0.88	0.59	0.72	0.92	0.69	0.4	0.25	-0.66	0.9	0.62	0.59	0.9	0.81	0.59	0.84	0.95	0.7	0.68	0.92	0.18	0.95	0.06		-0.09	0.2	0.5
Intangible Assets	0.27	0.53	-0.07	0.04	0.47	0.16	0.62	0.56	-0.03	0.56	-0.14	-0.03	0.2	0.26	0.29	-0.19	-0.22	0.32	0.17	-0.24	-0.04	0.29	-0.09		0.81	0.34
Good Will	0.54	0.76	0.0	0.35	0.76	0.39	0.87	0.41	0.13	0.82	0.08	0.13	0.38	0.61	0.45	0.05	-0.27	0.6	0.41	0.16	0.18	0.46	0.2	0.81		0.37
Common Stock Total Equity	0.67	0.65	0.27	0.55	0.57	-0.13	0.34	-0.22	0.67	0.52	-0.08	0.67	0.71	0.43	0.76	0.6	0.51	0.61	0.67	-0.32	0.68	0.16	0.5	0.34	0.37

Click cells to compare fundamentals

ODP Corp Account Relationship Matchups

ODP Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.3B	5.6B	4.9B	4.1B	3.9B	4.6B
Short Long Term Debt Total	2.6B	1.4B	1.0B	881M	1.2B	855.3M
Other Current Liab	1.2B	1.1B	290M	966M	624M	557.4M
Total Current Liabilities	3.1B	2.1B	2.3B	1.9B	1.7B	1.9B
Total Stockholder Equity	2.2B	1.9B	1.4B	1.3B	1.1B	1.6B
Property Plant And Equipment Net	2.1B	1.7B	1.4B	1.2B	1.3B	1.0B
Net Debt	1.9B	640M	487M	478M	844M	886.2M
Retained Earnings	(89M)	(409M)	(617M)	(451M)	(312M)	(296.4M)
Cash	698M	729M	514M	403M	392M	489.3M
Non Current Assets Total	3.9B	3.2B	2.5B	2.2B	2.2B	2.0B
Non Currrent Assets Other	240M	314M	318M	319M	277M	236.7M
Cash And Short Term Investments	698M	729M	514M	403M	392M	497.2M
Net Receivables	1.6B	631M	495M	536M	491M	819.6M
Common Stock Shares Outstanding	56M	55.3M	53M	48M	40M	36.3M
Liabilities And Stockholders Equity	7.3B	5.6B	4.9B	4.1B	3.9B	4.6B
Non Current Liabilities Total	2.0B	1.6B	1.2B	1.0B	1.1B	1.1B
Inventory	1.0B	930M	859M	828M	765M	1.2B
Other Stockholder Equity	2.3B	2.3B	2.1B	1.8B	1.5B	981.7M
Total Liab	5.1B	3.7B	3.4B	2.9B	2.8B	3.0B
Property Plant And Equipment Gross	2.1B	576M	1.4B	1.2B	3.2B	3.4B
Total Current Assets	3.4B	2.4B	2.4B	1.9B	1.7B	2.7B
Accumulated Other Comprehensive Income	(66M)	(32M)	(6M)	(77M)	(114M)	(108.3M)
Short Term Debt	841M	24M	20M	16M	282M	296.1M
Accounts Payable	1.0B	919M	950M	821M	755M	1.1B
Intangible Assets	422M	388M	357M	46M	45M	42.8M
Good Will	914M	944M	609M	464M	403M	513.8M
Other Liab	261M	240M	181M	138M	158.7M	150.8M
Other Assets	440M	1.7B	545M	503M	578.5M	547.7M
Long Term Debt	517M	297M	193M	148M	144M	136.8M
Treasury Stock	(325M)	(355M)	(632M)	(928M)	(1.1B)	(1.1B)
Property Plant Equipment	679M	576M	477M	352M	316.8M	301.0M
Current Deferred Revenue	991M	52M	64M	62M	56M	30.4M
Net Tangible Assets	841M	914M	920M	777M	699.3M	824.6M
Retained Earnings Total Equity	(89M)	(409M)	(617M)	(451M)	(518.7M)	(544.6M)

ODP Corp Investors Sentiment

The influence of ODP Corp's 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 ODP. 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 ODP Corp's public news can be used to forecast risks associated with an investment in ODP. The trend in average sentiment can be used to explain how an investor holding ODP can time the market purely based on public headlines and social activities around ODP Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

ODP Corp's 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 ODP Corp's 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 ODP Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ODP Corp.

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 ODP Corp 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, ODP Corp's short interest history, or implied volatility extrapolated from ODP Corp options trading.

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When determining whether ODP Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ODP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Odp Corp Stock. Highlighted below are key reports to facilitate an investment decision about Odp Corp Stock:

How To Invest In ODP

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Is ODP Stock a good investment?

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What is ODP Corp's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. 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.

To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.

Note that the ODP Corp information on this page should be used as a complementary analysis to other ODP Corp'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for ODP Stock analysis

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

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Is ODP Corp'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 ODP Corp. If investors know ODP 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 ODP Corp 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

0.316

Earnings Share

3.5

Revenue Per Share

200.795

Quarterly Revenue Growth

(0.14)

Return On Assets

0.0464

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

Gross Profit vs Accounts Payable

Gross Profit vs Accounts Payable Correlation Analysis

Correlation Coefficient

Gross Profit

Accounts Payable

ODP Corp fundamental ratios Correlations

ODP Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ODP Corp fundamental ratios Accounts

ODP Corp Investors Sentiment

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

Complementary Tools for ODP Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.97	Total Current Liabilities
Total Current Assets	+ 0.97	Inventory
Non Current Liabilities Total	+ 0.96	Total Assets
Total Liab	+ 0.96	Non Current Liabilities Total

Cash And Short Term Investments	- 0.73	Retained Earnings
Cash	- 0.73	Retained Earnings
Inventory	- 0.72	Retained Earnings
Accounts Payable	- 0.66	Retained Earnings
Other Current Assets	- 0.66	Retained Earnings
Total Current Assets	- 0.65	Retained Earnings