Vohringer Capital Expenditures vs Change To Account Receivables Analysis

603226 Stock   5.37  0.31  6.13%   
Vohringer Home financial indicator trend analysis is much more than just breaking down Vohringer Home Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Vohringer Home Technology is a good investment. Please check the relationship between Vohringer Home Capital Expenditures and its Change To Account Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Vohringer Home Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Capital Expenditures vs Change To Account Receivables

Capital Expenditures vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Vohringer Home Technology Capital Expenditures account and Change To Account Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
Capital ExpendituresChange To Account ReceivablesDiversified AwayCapital ExpendituresChange To Account ReceivablesDiversified Away100%
The correlation between Vohringer Home's Capital Expenditures and Change To Account Receivables is -0.24. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Vohringer Home Technology, assuming nothing else is changed. The correlation between historical values of Vohringer Home's Capital Expenditures and Change To Account 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 Capital Expenditures of Vohringer Home Technology are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Capital Expenditures i.e., Vohringer Home's Capital Expenditures and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Vohringer Home Technology to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Vohringer Home operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Account Receivables

Most indicators from Vohringer Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Vohringer Home Technology 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 Vohringer Home Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 64.5 M. The current year's Tax Provision is expected to grow to about 9 M
 2021 2022 2023 2024 (projected)
Cost Of Revenue612.5M441.1M334.6M390.4M
Research Development25.0M21.1M21.8M25.0M

Vohringer Home fundamental ratios Correlations

-0.080.330.980.960.330.480.730.640.76-0.280.920.53-0.230.520.860.620.980.560.740.250.190.950.92-0.28-0.28
-0.080.47-0.09-0.020.26-0.070.130.260.280.710.16-0.320.29-0.09-0.330.05-0.2-0.29-0.220.03-0.71-0.11-0.110.710.71
0.330.470.240.30.8-0.040.180.220.59-0.020.560.180.340.390.350.370.20.350.23-0.19-0.10.160.31-0.02-0.02
0.98-0.090.240.980.210.570.690.650.7-0.230.90.45-0.380.380.80.50.990.440.660.380.10.980.94-0.23-0.23
0.96-0.020.30.980.240.60.680.560.77-0.180.910.42-0.40.360.790.490.950.430.580.270.040.910.95-0.18-0.18
0.330.260.80.210.24-0.220.080.290.62-0.070.490.30.450.710.410.430.190.540.43-0.250.050.160.22-0.07-0.07
0.48-0.07-0.040.570.6-0.220.10.470.330.160.34-0.19-0.52-0.290.21-0.170.55-0.3-0.190.29-0.340.530.70.160.16
0.730.130.180.690.680.080.10.350.57-0.260.70.530.00.470.70.80.690.610.690.030.30.650.58-0.26-0.26
0.640.260.220.650.560.290.470.350.480.210.560.05-0.040.190.320.230.620.030.350.46-0.280.720.590.210.21
0.760.280.590.70.770.620.330.570.48-0.030.880.48-0.010.640.70.510.660.550.46-0.14-0.050.590.76-0.03-0.03
-0.280.71-0.02-0.23-0.18-0.070.16-0.260.21-0.03-0.2-0.710.16-0.32-0.66-0.36-0.33-0.71-0.480.14-0.93-0.19-0.281.01.0
0.920.160.560.90.910.490.340.70.560.88-0.20.57-0.190.550.810.590.870.580.670.20.070.840.87-0.2-0.2
0.53-0.320.180.450.420.3-0.190.530.050.48-0.710.570.040.680.790.640.510.850.66-0.190.720.40.45-0.71-0.71
-0.230.290.34-0.38-0.40.45-0.520.0-0.04-0.010.16-0.190.040.47-0.10.43-0.370.190.08-0.610.12-0.39-0.420.160.16
0.52-0.090.390.380.360.71-0.290.470.190.64-0.320.550.680.470.690.740.40.850.75-0.410.460.320.3-0.32-0.32
0.86-0.330.350.80.790.410.210.70.320.7-0.660.810.79-0.10.690.710.840.850.78-0.10.590.710.8-0.66-0.66
0.620.050.370.50.490.43-0.170.80.230.51-0.360.590.640.430.740.710.520.780.75-0.290.50.440.39-0.36-0.36
0.98-0.20.20.990.950.190.550.690.620.66-0.330.870.51-0.370.40.840.520.490.690.350.210.970.93-0.33-0.33
0.56-0.290.350.440.430.54-0.30.610.030.55-0.710.580.850.190.850.850.780.490.81-0.320.750.370.4-0.71-0.71
0.74-0.220.230.660.580.43-0.190.690.350.46-0.480.670.660.080.750.780.750.690.810.140.530.670.46-0.48-0.48
0.250.03-0.190.380.27-0.250.290.030.46-0.140.140.2-0.19-0.61-0.41-0.1-0.290.35-0.320.14-0.320.520.220.140.14
0.19-0.71-0.10.10.040.05-0.340.3-0.28-0.05-0.930.070.720.120.460.590.50.210.750.53-0.320.080.1-0.93-0.93
0.95-0.110.160.980.910.160.530.650.720.59-0.190.840.4-0.390.320.710.440.970.370.670.520.080.88-0.19-0.19
0.92-0.110.310.940.950.220.70.580.590.76-0.280.870.45-0.420.30.80.390.930.40.460.220.10.88-0.28-0.28
-0.280.71-0.02-0.23-0.18-0.070.16-0.260.21-0.031.0-0.2-0.710.16-0.32-0.66-0.36-0.33-0.71-0.480.14-0.93-0.19-0.281.0
-0.280.71-0.02-0.23-0.18-0.070.16-0.260.21-0.031.0-0.2-0.710.16-0.32-0.66-0.36-0.33-0.71-0.480.14-0.93-0.19-0.281.0
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Vohringer Home Account Relationship Matchups

Vohringer Home fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.3B1.4B1.4B1.4B1.1B
Other Current Liab93.6M96.7M197.1M151.1M5.6M5.3M
Total Current Liabilities213.0M262.5M299.5M312.6M202.7M273.2M
Total Stockholder Equity920.6M999.9M1.0B1.0B984.1M698.8M
Retained Earnings467.9M528.8M528.1M529.6M423.9M369.7M
Accounts Payable55.3M60.1M88.1M96.0M62.7M74.1M
Cash647.1M658.3M120.7M203.2M100.5M95.5M
Other Assets15.5M18.2M16.8M26.2M30.1M17.8M
Net Receivables14.5M14.4M34.3M26.9M7.6M10.0M
Inventory132.5M139.1M181.6M161.6M133.7M137.7M
Other Current Assets7.8M7.2M390.6M5.8M343.4M360.6M
Total Liab218.8M267.8M320.6M333.8M353.8M242.4M
Intangible Assets55.4M57.7M106.4M104.2M106.8M79.5M
Common Stock116.5M151.3M210.4M273.5M314.5M330.2M
Property Plant Equipment269.2M263.9M305.5M404.3M465.0M338.6M
Net Tangible Assets865.1M942.2M893.8M898.7M1.0B755.3M
Other Liab6.3M5.8M5.3M21.1M24.3M25.5M
Non Current Assets Total337.5M380.0M618.1M709.9M813.4M598.0M
Non Currrent Assets Other509.4M601.5M337.5M22.8M31.2M29.7M
Non Current Liabilities Total5.8M5.3M21.1M21.2M151.1M158.7M
Total Current Assets801.9M920.4M780.9M703.5M597.1M678.5M
Net Invested Capital920.6M1.1B1.0B1.0B1.1B1.0B
Net Working Capital588.9M657.9M481.3M390.9M394.4M467.1M
Capital Stock151.3M210.4M273.5M355.5M408.8M268.1M

Currently Active Assets on Macroaxis

Other Information on Investing in Vohringer Stock

Balance Sheet is a snapshot of the financial position of Vohringer Home Technology at a specified time, usually calculated after every quarter, six months, or one year. Vohringer Home Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Vohringer Home and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Vohringer currently owns. An asset can also be divided into two categories, current and non-current.