EPlus Cash And Short Term Investments vs Accounts Payable Analysis

PLUS Stock

USD 86.50 0.14 0.16%

EPlus financial indicator trend analysis is much more than just examining ePlus inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ePlus inc is a good investment. Please check the relationship between EPlus Cash And Short Term Investments and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private.

Cash And Short Term Investments vs Accounts Payable

Cash And Short Term Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ePlus inc Cash And Short Term Investments account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.

The correlation between EPlus' Cash And Short Term Investments and Accounts Payable is 0.98. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of ePlus inc, assuming nothing else is changed. The correlation between historical values of EPlus' Cash And Short Term Investments 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 Cash And Short Term Investments of ePlus 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 Cash And Short Term Investments i.e., EPlus' Cash And Short Term Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of ePlus inc balance sheet. This account contains EPlus investments that will expire within one year. These investments include stocks and bonds that can be liquidated by ePlus inc fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Accounts Payable

An accounting item on the balance sheet that represents EPlus 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 ePlus 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 EPlus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ePlus 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in private.

At this time, EPlus' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 4.4 M in 2026, whereas Sales General And Administrative To Revenue is likely to drop 0.10 in 2026.

	2023	2024	2025	2026 (projected)
Gross Profit	534.2M	550.5M	633.1M	664.7M
Total Revenue	2.2B	2.1B	2.4B	2.5B

Gross Profit Total Revenue

EPlus 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	Other Liab	Other Assets	Long Term Debt	Good Will
Total Assets		0.3	0.41	1.0	1.0	0.37	-0.8	0.99	0.97	0.94	0.98	0.48	0.94	0.98	-0.21	0.82	0.78	0.73	0.8	1.0	0.67	1.0	0.89	0.92	-0.53	0.97
Short Long Term Debt Total	0.3		0.04	0.32	0.31	0.22	0.24	0.29	0.12	0.14	0.19	0.25	0.13	0.43	0.22	0.09	0.35	0.28	0.36	0.29	0.14	0.34	0.04	0.02	-0.61	0.3
Other Current Liab	0.41	0.04		0.41	0.41	0.34	-0.38	0.4	0.4	0.41	0.44	0.15	0.42	0.41	0.48	0.46	0.22	0.43	0.35	0.42	0.39	0.4	0.43	0.39	-0.43	0.34
Total Current Liabilities	1.0	0.32	0.41		0.99	0.31	-0.8	0.98	0.97	0.95	0.98	0.43	0.95	0.97	-0.2	0.8	0.75	0.73	0.79	1.0	0.62	0.99	0.86	0.9	-0.54	0.97
Total Stockholder Equity	1.0	0.31	0.41	0.99		0.4	-0.78	0.99	0.95	0.92	0.97	0.5	0.92	0.99	-0.21	0.83	0.8	0.71	0.81	0.99	0.69	1.0	0.9	0.93	-0.54	0.97
Property Plant And Equipment Net	0.37	0.22	0.34	0.31	0.4		-0.13	0.37	0.28	0.23	0.35	0.18	0.23	0.38	0.13	0.45	0.5	0.22	0.42	0.33	0.69	0.37	0.54	0.45	-0.35	0.34
Net Debt	-0.8	0.24	-0.38	-0.8	-0.78	-0.13		-0.8	-0.91	-0.92	-0.85	-0.29	-0.92	-0.7	0.31	-0.78	-0.44	-0.55	-0.51	-0.82	-0.56	-0.78	-0.76	-0.82	0.15	-0.77
Retained Earnings	0.99	0.29	0.4	0.98	0.99	0.37	-0.8		0.96	0.94	0.98	0.54	0.94	0.98	-0.2	0.84	0.75	0.71	0.74	0.99	0.69	0.99	0.89	0.92	-0.51	0.97
Accounts Payable	0.97	0.12	0.4	0.97	0.95	0.28	-0.91	0.96		0.98	0.97	0.41	0.98	0.91	-0.28	0.82	0.66	0.73	0.7	0.98	0.63	0.96	0.86	0.92	-0.37	0.93
Cash	0.94	0.14	0.41	0.95	0.92	0.23	-0.92	0.94	0.98		0.96	0.36	1.0	0.88	-0.25	0.77	0.57	0.69	0.65	0.96	0.61	0.93	0.79	0.84	-0.38	0.91
Non Current Assets Total	0.98	0.19	0.44	0.98	0.97	0.35	-0.85	0.98	0.97	0.96		0.4	0.96	0.94	-0.22	0.81	0.68	0.72	0.73	0.98	0.63	0.96	0.9	0.91	-0.5	0.97
Non Currrent Assets Other	0.48	0.25	0.15	0.43	0.5	0.18	-0.29	0.54	0.41	0.36	0.4		0.36	0.55	-0.05	0.57	0.41	0.19	0.2	0.45	0.58	0.49	0.37	0.5	-0.1	0.42
Cash And Short Term Investments	0.94	0.13	0.42	0.95	0.92	0.23	-0.92	0.94	0.98	1.0	0.96	0.36		0.88	-0.24	0.77	0.57	0.69	0.65	0.96	0.6	0.93	0.79	0.84	-0.38	0.91
Net Receivables	0.98	0.43	0.41	0.97	0.99	0.38	-0.7	0.98	0.91	0.88	0.94	0.55	0.88		-0.14	0.81	0.79	0.71	0.81	0.97	0.7	0.99	0.86	0.89	-0.6	0.96
Common Stock Shares Outstanding	-0.21	0.22	0.48	-0.2	-0.21	0.13	0.31	-0.2	-0.28	-0.25	-0.22	-0.05	-0.24	-0.14		-0.13	-0.2	-0.1	-0.22	-0.21	-0.02	-0.2	-0.24	-0.33	-0.53	-0.32
Non Current Liabilities Total	0.82	0.09	0.46	0.8	0.83	0.45	-0.78	0.84	0.82	0.77	0.81	0.57	0.77	0.81	-0.13		0.64	0.62	0.62	0.81	0.75	0.82	0.83	0.87	-0.34	0.79
Inventory	0.78	0.35	0.22	0.75	0.8	0.5	-0.44	0.75	0.66	0.57	0.68	0.41	0.57	0.79	-0.2	0.64		0.52	0.87	0.74	0.57	0.8	0.77	0.81	-0.47	0.73
Other Current Assets	0.73	0.28	0.43	0.73	0.71	0.22	-0.55	0.71	0.73	0.69	0.72	0.19	0.69	0.71	-0.1	0.62	0.52		0.56	0.74	0.37	0.72	0.57	0.63	-0.33	0.71
Other Stockholder Equity	0.8	0.36	0.35	0.79	0.81	0.42	-0.51	0.74	0.7	0.65	0.73	0.2	0.65	0.81	-0.22	0.62	0.87	0.56		0.78	0.58	0.82	0.79	0.77	-0.56	0.8
Total Liab	1.0	0.29	0.42	1.0	0.99	0.33	-0.82	0.99	0.98	0.96	0.98	0.45	0.96	0.97	-0.21	0.81	0.74	0.74	0.78		0.64	0.99	0.87	0.91	-0.52	0.97
Property Plant And Equipment Gross	0.67	0.14	0.39	0.62	0.69	0.69	-0.56	0.69	0.63	0.61	0.63	0.58	0.6	0.7	-0.02	0.75	0.57	0.37	0.58	0.64		0.68	0.72	0.72	-0.34	0.6
Total Current Assets	1.0	0.34	0.4	0.99	1.0	0.37	-0.78	0.99	0.96	0.93	0.96	0.49	0.93	0.99	-0.2	0.82	0.8	0.72	0.82	0.99	0.68		0.88	0.92	-0.54	0.96
Other Liab	0.89	0.04	0.43	0.86	0.9	0.54	-0.76	0.89	0.86	0.79	0.9	0.37	0.79	0.86	-0.24	0.83	0.77	0.57	0.79	0.87	0.72	0.88		0.96	-0.45	0.89
Other Assets	0.92	0.02	0.39	0.9	0.93	0.45	-0.82	0.92	0.92	0.84	0.91	0.5	0.84	0.89	-0.33	0.87	0.81	0.63	0.77	0.91	0.72	0.92	0.96		-0.32	0.9
Long Term Debt	-0.53	-0.61	-0.43	-0.54	-0.54	-0.35	0.15	-0.51	-0.37	-0.38	-0.5	-0.1	-0.38	-0.6	-0.53	-0.34	-0.47	-0.33	-0.56	-0.52	-0.34	-0.54	-0.45	-0.32		-0.49
Good Will	0.97	0.3	0.34	0.97	0.97	0.34	-0.77	0.97	0.93	0.91	0.97	0.42	0.91	0.96	-0.32	0.79	0.73	0.71	0.8	0.97	0.6	0.96	0.89	0.9	-0.49

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EPlus Account Relationship Matchups

EPlus fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	1.2B	1.4B	1.7B	1.9B	2.2B	2.3B
Short Long Term Debt Total	179.6M	175.0M	141.3M	128.3M	147.5M	135.3M
Other Current Liab	67.7M	61.7M	78.3M	76.4M	87.8M	92.2M
Total Current Liabilities	460.0M	561.3M	657.0M	797.9M	917.6M	963.4M
Total Stockholder Equity	660.7M	782.3M	901.8M	977.6M	1.1B	1.2B
Property Plant And Equipment Net	45.6M	75.1M	32.0M	35.0M	40.3M	42.3M
Net Debt	20.1M	71.9M	(111.7M)	(261.1M)	(235.0M)	(223.2M)
Retained Earnings	507.8M	627.2M	743.0M	851.0M	978.6M	1.0B
Accounts Payable	136.2M	220.2M	315.7M	451.7M	519.5M	545.5M
Cash	155.4M	103.1M	253.0M	389.4M	447.8M	470.2M
Non Current Assets Total	268.7M	319.7M	379.9M	521.0M	599.2M	629.1M
Non Currrent Assets Other	64.3M	79.7M	136.8M	69.9M	62.9M	71.1M
Cash And Short Term Investments	155.4M	103.1M	253.0M	389.4M	447.8M	470.2M
Net Receivables	540.5M	649.5M	794.1M	739.9M	850.9M	893.5M
Common Stock Shares Outstanding	26.9M	26.7M	26.7M	26.6M	24.0M	24.8M
Liabilities And Stockholders Equity	1.2B	1.4B	1.7B	1.9B	2.2B	2.3B
Non Current Liabilities Total	45.4M	71.2M	94.7M	109.3M	98.4M	60.5M
Inventory	155.1M	243.3M	139.7M	120.4M	138.5M	145.4M
Other Current Assets	13.9M	99.3M	86.7M	114.0M	131.1M	137.7M
Other Stockholder Equity	152.7M	153.2M	156.2M	123.0M	141.4M	148.5M
Total Liab	505.5M	632.6M	751.7M	907.2M	1.0B	1.1B
Property Plant And Equipment Gross	60.5M	59.2M	127.5M	65.6M	75.4M	79.2M
Total Current Assets	897.5M	1.1B	1.3B	1.4B	1.6B	1.6B
Accumulated Other Comprehensive Income	(124K)	1.6M	2.3M	3.4M	4.0M	4.2M
Other Liab	22.1M	31.6M	32.2M	49.7M	57.2M	60.0M
Other Assets	12.4M	26.1M	30.8M	58.5M	67.3M	70.7M
Long Term Debt	9.9M	9.5M	12.9M	11.3M	10.2M	9.7M
Good Will	126.5M	136.1M	161.5M	202.9M	233.3M	245.0M
Common Stock Total Equity	144K	145K	270K	272K	312.8K	328.4K
Intangible Assets	27.3M	25.0M	44.1M	82.0M	94.3M	99.0M
Common Stock	270K	272K	274K	276K	317.4K	333.3K
Property Plant Equipment	20.2M	16.2M	14.8M	26.5M	23.9M	16.4M
Treasury Stock	(68.4M)	(75.4M)	(6.7M)	(14.1M)	(12.7M)	(13.3M)
Current Deferred Revenue	86.5M	114.0M	134.6M	152.8M	175.7M	184.5M
Short Term Debt	169.7M	165.4M	128.4M	117.0M	105.3M	100.0M
Net Tangible Assets	333.6M	397.2M	660.7M	782.3M	899.6M	944.6M
Capital Surpluse	145.2M	152.4M	159.5M	167.3M	192.4M	144.3M
Non Current Liabilities Other	35.5M	61.0M	81.8M	96.5M	111.0M	116.6M

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