0RHN Stock | | | 60.00 0.16 0.27% |
AcadeMedia financial indicator trend analysis is way more than just evaluating AcadeMedia AB prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AcadeMedia AB is a good investment. Please check the relationship between AcadeMedia Accounts Payable and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in AcadeMedia AB. 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.
Accounts Payable vs Inventory
Accounts Payable vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
AcadeMedia AB Accounts Payable account and
Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AcadeMedia's Accounts Payable and Inventory is 0.52. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of AcadeMedia AB, assuming nothing else is changed. The correlation between historical values of AcadeMedia's Accounts Payable and Inventory 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 AcadeMedia AB are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., AcadeMedia's Accounts Payable and Inventory go up and down completely randomly.
Correlation Coefficient | 0.52 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents AcadeMedia 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 AcadeMedia AB 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.
Inventory
Most indicators from AcadeMedia's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AcadeMedia AB 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 AcadeMedia AB. 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 149.2
M in 2024.
Selling General Administrative is likely to drop to about 8.9
B in 2024
AcadeMedia fundamental ratios Correlations
Click cells to compare fundamentals
AcadeMedia Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AcadeMedia fundamental ratios Accounts
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