Paccar Cash vs Net Receivables Analysis

0KET Stock   113.04  0.10  0.09%   
Paccar financial indicator trend analysis is much more than just breaking down Paccar Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paccar Inc is a good investment. Please check the relationship between Paccar Cash and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Paccar 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 board of governors.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paccar Inc Cash account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
CashNet ReceivablesDiversified AwayCashNet ReceivablesDiversified Away100%
The correlation between Paccar's Cash and Net Receivables is 0.8. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Paccar Inc, assuming nothing else is changed. The correlation between historical values of Paccar's Cash and Net Receivables 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 of Paccar Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash i.e., Paccar's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Cash

Cash refers to the most liquid asset of Paccar Inc, which is listed under current asset account on Paccar Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Paccar customers. The amounts must be unrestricted with restricted cash listed in a different Paccar account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from Paccar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paccar 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Paccar 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 board of governors.
Tax Provision is likely to drop to about 461.4 M in 2024. Selling General Administrative is likely to drop to about 712.3 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue23.5B28.8B35.1B24.2B
Depreciation And Amortization867.8M807.1M435.3M796.2M

Paccar fundamental ratios Correlations

0.330.910.990.470.030.990.770.880.540.590.680.990.94-0.280.770.570.94-0.190.770.81-0.080.770.20.210.2
0.330.330.3-0.42-0.90.24-0.160.54-0.410.440.850.320.13-0.580.54-0.040.34-0.920.460.070.460.51-0.69-0.61-0.22
0.910.330.890.29-0.070.880.610.810.370.430.640.930.82-0.210.590.280.85-0.240.570.790.030.760.070.160.03
0.990.30.890.470.060.990.790.850.550.560.640.980.95-0.250.810.560.97-0.140.760.81-0.070.780.220.230.17
0.47-0.420.290.470.760.550.830.450.980.250.090.440.59-0.280.120.70.350.40.440.6-0.850.050.690.580.44
0.03-0.9-0.070.060.760.130.53-0.170.75-0.19-0.560.020.230.32-0.270.37-0.010.85-0.10.26-0.7-0.280.830.720.33
0.990.240.880.990.550.130.830.850.620.580.610.980.95-0.270.770.620.94-0.090.770.81-0.160.730.320.310.2
0.77-0.160.610.790.830.530.830.680.90.450.30.750.91-0.280.460.710.750.290.680.71-0.490.510.610.530.37
0.880.540.810.850.45-0.170.850.680.490.660.880.870.8-0.680.650.530.78-0.440.820.71-0.180.690.020.050.17
0.54-0.410.370.550.980.750.620.90.490.350.080.520.67-0.250.190.740.430.460.520.58-0.750.150.760.670.38
0.590.440.430.560.25-0.190.580.450.660.350.590.590.47-0.430.570.780.47-0.30.910.090.010.40.210.210.09
0.680.850.640.640.09-0.560.610.30.880.080.590.660.51-0.730.630.290.6-0.810.710.50.030.63-0.38-0.350.05
0.990.320.930.980.440.020.980.750.870.520.590.660.91-0.240.740.560.92-0.190.750.8-0.070.770.210.220.21
0.940.130.820.950.590.230.950.910.80.670.470.510.91-0.250.680.570.940.030.720.81-0.190.740.330.290.27
-0.28-0.58-0.21-0.25-0.280.32-0.27-0.28-0.68-0.25-0.43-0.73-0.24-0.25-0.26-0.25-0.20.54-0.54-0.220.28-0.230.220.190.03
0.770.540.590.810.12-0.270.770.460.650.190.570.630.740.68-0.260.440.81-0.320.710.450.260.75-0.020.03-0.08
0.57-0.040.280.560.70.370.620.710.530.740.780.290.560.57-0.250.440.440.110.810.29-0.450.20.60.470.45
0.940.340.850.970.35-0.010.940.750.780.430.470.60.920.94-0.20.810.44-0.150.690.760.060.820.130.120.11
-0.19-0.92-0.24-0.140.40.85-0.090.29-0.440.46-0.3-0.81-0.190.030.54-0.320.11-0.15-0.32-0.08-0.26-0.340.750.720.07
0.770.460.570.760.44-0.10.770.680.820.520.910.710.750.72-0.540.710.810.69-0.320.39-0.150.610.210.170.21
0.810.070.790.810.60.260.810.710.710.580.090.50.80.81-0.220.450.290.76-0.080.39-0.40.570.160.130.32
-0.080.460.03-0.07-0.85-0.7-0.16-0.49-0.18-0.750.010.03-0.07-0.190.280.26-0.450.06-0.26-0.15-0.40.24-0.5-0.35-0.46
0.770.510.760.780.05-0.280.730.510.690.150.40.630.770.74-0.230.750.20.82-0.340.610.570.24-0.13-0.040.0
0.2-0.690.070.220.690.830.320.610.020.760.21-0.380.210.330.22-0.020.60.130.750.210.16-0.5-0.130.920.28
0.21-0.610.160.230.580.720.310.530.050.670.21-0.350.220.290.190.030.470.120.720.170.13-0.35-0.040.92-0.05
0.2-0.220.030.170.440.330.20.370.170.380.090.050.210.270.03-0.080.450.110.070.210.32-0.460.00.28-0.05
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Paccar Account Relationship Matchups

Paccar fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets28.4B28.3B29.5B33.3B40.8B28.5B
Other Current Liab990.9M443.2M2.8B2.1B14.8B15.6B
Total Current Liabilities10.3B9.6B8.1B11.8B16.5B9.0B
Total Stockholder Equity9.7B10.4B11.6B13.2B15.9B10.1B
Property Plant And Equipment Net6.6B6.9B6.6B6.3B4.0B5.7B
Net Debt7.1B7.4B7.0B6.8B(6.8B)(6.4B)
Retained Earnings10.4B11.0B12.0B13.4B15.8B10.4B
Cash4.2B3.5B3.4B4.7B6.8B7.2B
Non Current Assets Total20.2B20.3B20.2B22.1B8.4B15.1B
Non Currrent Assets Other1.3B1.5B1.6B1.8B4.5B4.7B
Other Assets4.2B4.4B4.5B4.5B17.8B18.7B
Cash And Short Term Investments5.3B5.0B5.0B6.3B8.7B4.9B
Net Receivables1.3B1.2B1.6B2.0B1.8B1.3B
Common Stock Shares Outstanding521.2M521.1M522.6M523.3M525M422.1M
Short Term Investments1.2B1.4B1.6B1.6B1.8B1.5B
Non Current Liabilities Total8.4B8.3B9.8B8.3B8.4B8.5B
Inventory1.2B1.2B2.0B2.2B2.6B1.4B
Other Current Assets13.1B12.8B12.9B14.8B1.5B1.4B
Other Stockholder Equity61.4M88.5M142M196.1M269.1M282.6M
Total Liab18.7B17.9B17.9B20.1B24.9B16.1B
Total Current Assets8.2B7.9B9.3B11.1B14.5B8.4B
Short Long Term Debt Total11.3B10.9B10.5B11.5B73.9M70.2M
Liabilities And Stockholders Equity28.4B28.3B29.5B33.3B40.8B26.7B
Accumulated Other Comprehensive Income(1.1B)(1.1B)(921.1M)(953.4M)(693.9M)(728.6M)
Short Term Debt5.7B5.4B3.1B5.6B16.8M16.0M
Current Deferred Revenue237.5M274.7M264.1M268.6M359.5M264.0M
Other Liab1.8B1.8B1.5B1.4B1.3B1.4B
Net Tangible Assets9.7B10.4B11.4B13.2B15.1B11.2B
Property Plant Equipment3.5B3.7B3.7B3.7B4.3B4.0B

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