Skechers Accounts Payable vs Retained Earnings Analysis

SKX Stock

USD 65.41 6.59 11.20%

Skechers USA financial indicator trend analysis is much more than just breaking down Skechers USA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skechers USA is a good investment. Please check the relationship between Skechers USA Accounts Payable and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skechers USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

Accounts Payable vs Retained Earnings

Accounts Payable vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skechers USA Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have strong relationship.

The correlation between Skechers USA's Accounts Payable and Retained Earnings is 0.7. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Skechers USA, assuming nothing else is changed. The correlation between historical values of Skechers USA's Accounts Payable and Retained Earnings 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 Skechers USA are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., Skechers USA's Accounts Payable and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Skechers USA 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 Skechers USA 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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

For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.At this time, Skechers USA's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 158.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.3 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	6.3B	7.4B	8.0B	8.4B
Depreciation And Amortization	139.6M	153.7M	181.9M	191.0M

Total Revenue Depreciation And Amortization

Skechers USA 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	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Other Stockholder Equity	Property Plant And Equipment Gross	Other Assets	Long Term Debt
Total Assets		0.95	0.99	0.99	0.98	0.99	0.82	0.99	0.75	0.82	0.99	0.93	0.85	0.99	0.46	0.94	0.96	0.93	0.98	0.98	0.9	0.87	0.24	0.97	0.75	0.52
Short Long Term Debt Total	0.95		0.92	0.92	0.88	0.98	0.93	0.89	0.63	0.76	0.97	0.87	0.79	0.9	0.29	0.99	0.85	0.91	0.98	0.89	0.91	0.85	0.05	0.95	0.85	0.65
Other Current Liab	0.99	0.92		0.99	0.98	0.97	0.79	0.99	0.75	0.79	0.97	0.91	0.83	0.99	0.42	0.9	0.97	0.89	0.96	0.98	0.89	0.89	0.19	0.95	0.69	0.45
Total Current Liabilities	0.99	0.92	0.99		0.98	0.97	0.8	0.98	0.78	0.8	0.97	0.9	0.83	0.99	0.47	0.91	0.97	0.91	0.97	0.98	0.88	0.87	0.24	0.95	0.7	0.46
Total Stockholder Equity	0.98	0.88	0.98	0.98		0.95	0.73	1.0	0.73	0.8	0.96	0.94	0.83	0.99	0.52	0.86	0.97	0.91	0.93	0.98	0.88	0.86	0.31	0.95	0.66	0.41
Property Plant And Equipment Net	0.99	0.98	0.97	0.97	0.95		0.9	0.96	0.69	0.76	1.0	0.91	0.79	0.96	0.38	0.96	0.93	0.94	0.99	0.94	0.93	0.86	0.14	0.98	0.76	0.54
Net Debt	0.82	0.93	0.79	0.8	0.73	0.9		0.76	0.49	0.45	0.89	0.7	0.5	0.76	0.05	0.9	0.73	0.8	0.87	0.71	0.86	0.69	-0.15	0.86	0.7	0.53
Retained Earnings	0.99	0.89	0.99	0.98	1.0	0.96	0.76		0.7	0.79	0.97	0.94	0.82	0.98	0.46	0.87	0.97	0.91	0.94	0.97	0.91	0.88	0.23	0.97	0.66	0.41
Accounts Payable	0.75	0.63	0.75	0.78	0.73	0.69	0.49	0.7		0.64	0.68	0.55	0.67	0.79	0.61	0.69	0.81	0.6	0.74	0.8	0.42	0.5	0.57	0.57	0.55	0.48
Cash	0.82	0.76	0.79	0.8	0.8	0.76	0.45	0.79	0.64		0.74	0.85	1.0	0.81	0.58	0.78	0.73	0.75	0.8	0.88	0.66	0.8	0.37	0.76	0.79	0.63
Non Current Assets Total	0.99	0.97	0.97	0.97	0.96	1.0	0.89	0.97	0.68	0.74		0.91	0.78	0.96	0.37	0.95	0.93	0.94	0.98	0.94	0.93	0.86	0.14	0.98	0.74	0.51
Non Currrent Assets Other	0.93	0.87	0.91	0.9	0.94	0.91	0.7	0.94	0.55	0.85	0.91		0.86	0.9	0.41	0.84	0.87	0.88	0.89	0.92	0.89	0.86	0.19	0.94	0.75	0.51
Cash And Short Term Investments	0.85	0.79	0.83	0.83	0.83	0.79	0.5	0.82	0.67	1.0	0.78	0.86		0.84	0.57	0.81	0.76	0.77	0.84	0.9	0.69	0.84	0.34	0.79	0.8	0.63
Net Receivables	0.99	0.9	0.99	0.99	0.99	0.96	0.76	0.98	0.79	0.81	0.96	0.9	0.84		0.51	0.89	0.98	0.89	0.96	0.99	0.86	0.86	0.29	0.94	0.68	0.45
Common Stock Shares Outstanding	0.46	0.29	0.42	0.47	0.52	0.38	0.05	0.46	0.61	0.58	0.37	0.41	0.57	0.51		0.32	0.51	0.47	0.39	0.56	0.2	0.28	0.88	0.34	0.26	0.24
Non Current Liabilities Total	0.94	0.99	0.9	0.91	0.86	0.96	0.9	0.87	0.69	0.78	0.95	0.84	0.81	0.89	0.32		0.84	0.88	0.98	0.89	0.85	0.81	0.12	0.91	0.89	0.72
Inventory	0.96	0.85	0.97	0.97	0.97	0.93	0.73	0.97	0.81	0.73	0.93	0.87	0.76	0.98	0.51	0.84		0.85	0.92	0.97	0.8	0.76	0.36	0.89	0.62	0.39
Other Current Assets	0.93	0.91	0.89	0.91	0.91	0.94	0.8	0.91	0.6	0.75	0.94	0.88	0.77	0.89	0.47	0.88	0.85		0.91	0.89	0.9	0.83	0.22	0.94	0.72	0.51
Total Liab	0.98	0.98	0.96	0.97	0.93	0.99	0.87	0.94	0.74	0.8	0.98	0.89	0.84	0.96	0.39	0.98	0.92	0.91		0.95	0.88	0.85	0.18	0.95	0.82	0.62
Total Current Assets	0.98	0.89	0.98	0.98	0.98	0.94	0.71	0.97	0.8	0.88	0.94	0.92	0.9	0.99	0.56	0.89	0.97	0.89	0.95		0.83	0.86	0.35	0.92	0.73	0.51
Short Term Debt	0.9	0.91	0.89	0.88	0.88	0.93	0.86	0.91	0.42	0.66	0.93	0.89	0.69	0.86	0.2	0.85	0.8	0.9	0.88	0.83		0.89	-0.11	0.98	0.64	0.36
Intangible Assets	0.87	0.85	0.89	0.87	0.86	0.86	0.69	0.88	0.5	0.8	0.86	0.86	0.84	0.86	0.28	0.81	0.76	0.83	0.85	0.86	0.89		-0.07	0.91	0.65	0.4
Other Stockholder Equity	0.24	0.05	0.19	0.24	0.31	0.14	-0.15	0.23	0.57	0.37	0.14	0.19	0.34	0.29	0.88	0.12	0.36	0.22	0.18	0.35	-0.11	-0.07		0.06	0.14	0.2
Property Plant And Equipment Gross	0.97	0.95	0.95	0.95	0.95	0.98	0.86	0.97	0.57	0.76	0.98	0.94	0.79	0.94	0.34	0.91	0.89	0.94	0.95	0.92	0.98	0.91	0.06		0.71	0.46
Other Assets	0.75	0.85	0.69	0.7	0.66	0.76	0.7	0.66	0.55	0.79	0.74	0.75	0.8	0.68	0.26	0.89	0.62	0.72	0.82	0.73	0.64	0.65	0.14	0.71		0.93
Long Term Debt	0.52	0.65	0.45	0.46	0.41	0.54	0.53	0.41	0.48	0.63	0.51	0.51	0.63	0.45	0.24	0.72	0.39	0.51	0.62	0.51	0.36	0.4	0.2	0.46	0.93

Click cells to compare fundamentals

Skechers USA Account Relationship Matchups

Skechers USA fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9B	5.8B	6.5B	6.9B	7.5B	7.9B
Short Long Term Debt Total	1.3B	2.0B	1.7B	1.6B	2.0B	2.1B
Other Current Liab	210.2M	208.7M	265.4M	294.1M	320.1M	336.1M
Total Current Liabilities	1.2B	1.2B	1.4B	1.6B	1.7B	1.7B
Total Stockholder Equity	2.3B	2.5B	3.3B	3.6B	4.0B	4.2B
Property Plant And Equipment Net	1.8B	2.1B	2.4B	2.5B	2.8B	2.9B
Net Debt	453.5M	633.6M	865.7M	1.0B	834.1M	875.8M
Retained Earnings	2.0B	2.1B	2.9B	3.3B	3.8B	4.0B
Accounts Payable	764.8M	744.1M	876.3M	957.4M	709.1M	374.6M
Cash	824.9M	1.4B	796.3M	615.7M	1.1B	1.2B
Non Current Assets Total	2.1B	2.5B	3.1B	3.2B	3.6B	3.8B
Non Currrent Assets Other	45.7M	95.3M	75.1M	83.1M	136.1M	142.9M
Cash And Short Term Investments	936.9M	1.5B	894.9M	717.9M	1.3B	1.3B
Net Receivables	699.2M	689.0M	812.8M	934.3M	942.6M	989.7M
Common Stock Shares Outstanding	154.2M	154.9M	156.8M	156.6M	156.3M	152.8M
Liabilities And Stockholders Equity	4.9B	5.8B	6.5B	6.9B	7.5B	7.9B
Non Current Liabilities Total	1.1B	1.9B	1.5B	1.4B	1.5B	1.6B
Inventory	1.1B	1.0B	1.5B	1.8B	1.5B	1.6B
Other Current Assets	113.6M	167.0M	193.5M	176.0M	222.1M	233.2M
Total Liab	2.4B	3.1B	2.9B	3.0B	3.1B	3.3B
Total Current Assets	2.8B	3.3B	3.4B	3.6B	4.0B	4.2B
Short Term Debt	263.2M	259.9M	303.8M	361.5M	631.7M	663.2M
Other Stockholder Equity	306.7M	372.2M	429.6M	403.8M	295.8M	296.5M
Property Plant And Equipment Gross	1.8B	2.1B	2.4B	2.5B	3.7B	3.9B
Accumulated Other Comprehensive Income	(30.0M)	(27.3M)	(48.3M)	(84.9M)	(73.4M)	(69.7M)
Other Assets	194.7M	1.4B	526.5M	537.3M	617.9M	648.8M
Long Term Debt	49.2M	679.4M	263.4M	216.5M	242.9M	128.6M
Property Plant Equipment	738.9M	935.4M	2.4B	2.5B	2.9B	3.1B
Short Term Investments	112.0M	100.8M	98.6M	102.2M	113.9M	119.6M
Net Tangible Assets	2.3B	2.4B	3.2B	3.5B	4.0B	2.0B
Noncontrolling Interest In Consolidated Entity	154.3M	221.4M	244.2M	282.7M	325.1M	341.4M
Retained Earnings Total Equity	1.7B	2.0B	2.1B	2.9B	3.3B	3.5B
Long Term Debt Total	49.2M	679.4M	263.4M	216.5M	249.0M	168.7M
Capital Surpluse	306.7M	372.2M	429.6M	403.8M	464.4M	412.6M

Skechers USA Investors Sentiment

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

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

Skechers USA Implied Volatility

27.44

Skechers USA's implied volatility exposes the market's sentiment of Skechers USA stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Skechers USA's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Skechers USA stock will not fluctuate a lot when Skechers USA's options are near their expiration.

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 Skechers USA 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, Skechers USA's short interest history, or implied volatility extrapolated from Skechers USA options trading.

Currently Active Assets on Macroaxis

GM	General Motors
S	SentinelOne
MSFT	Microsoft
C	Citigroup
F	Ford Motor

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

How To Invest In Skechers

Details

Is Skechers Stock a good investment?

Details

What is Skechers USA's Net Worth?

Details

Largest Textiles, Apparel & Luxury Goods Companies

View

Largest Consumer Durables & Apparel Companies

View

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skechers USA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Skechers Stock analysis

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

	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	ETFs Find actively traded Exchange Traded Funds (ETF) from around the world
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Analyst Advice Analyst recommendations and target price estimates broken down by several categories

Is Skechers USA'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 Skechers USA. If investors know Skechers 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 Skechers USA 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

0.163

Earnings Share

3.49

Revenue Per Share

51.771

Quarterly Revenue Growth

0.044

Return On Assets

0.0681

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

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Skechers Accounts Payable vs Retained Earnings Analysis

Accounts Payable vs Retained Earnings

Accounts Payable vs Retained Earnings Correlation Analysis

Correlation Coefficient

Accounts Payable

Retained Earnings

Skechers USA fundamental ratios Correlations

Skechers USA Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Skechers USA fundamental ratios Accounts

Skechers USA Investors Sentiment

Skechers USA Implied Volatility

Currently Active Assets on Macroaxis

Complementary Tools for Skechers Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Other Current Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets

Other Stockholder Equity	- 0.15	Net Debt
Other Stockholder Equity	- 0.11	Short Term Debt
Other Stockholder Equity	- 0.07	Intangible Assets