Batm Inventory vs Accounts Payable Analysis

BVC Stock   17.88  0.92  4.89%   
Batm Advanced financial indicator trend analysis is way more than just evaluating Batm Advanced Commun prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Batm Advanced Commun is a good investment. Please check the relationship between Batm Advanced Inventory and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Batm Advanced Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Batm Advanced Commun Inventory account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Batm Advanced's Inventory and Accounts Payable is 0.26. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Batm Advanced Communications, assuming nothing else is changed. The correlation between historical values of Batm Advanced's Inventory 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 Inventory of Batm Advanced Communications 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 Inventory i.e., Batm Advanced's Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Inventory

Accounts Payable

An accounting item on the balance sheet that represents Batm Advanced 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 Batm Advanced Commun 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 Batm Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Batm Advanced Commun 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 Batm Advanced Communications. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of November 29, 2024, Selling General Administrative is expected to decline to about 11.2 M. In addition to that, Discontinued Operations is expected to decline to about 255.2 K
 2021 2022 2023 2024 (projected)
Interest Expense911K2.0M1.4M1.3M
Depreciation And Amortization5.3M4.9M5.2M5.0M

Batm Advanced fundamental ratios Correlations

0.730.570.920.960.91-0.61-0.55-0.750.380.70.950.50.830.550.820.950.010.80.87-0.030.820.910.60.990.71
0.730.20.80.650.7-0.29-0.37-0.390.230.640.750.090.650.270.590.65-0.120.870.59-0.340.430.830.350.710.86
0.570.20.610.590.43-0.48-0.37-0.490.030.370.520.350.440.380.350.580.070.280.660.350.570.550.120.610.22
0.920.80.610.880.8-0.71-0.54-0.660.450.710.910.410.730.680.750.88-0.120.870.860.010.710.990.360.930.71
0.960.650.590.880.94-0.54-0.52-0.760.370.640.970.540.830.550.80.890.140.740.880.090.820.870.510.960.62
0.910.70.430.80.94-0.35-0.44-0.720.340.590.930.550.840.420.660.80.270.810.750.070.780.820.430.90.66
-0.61-0.29-0.48-0.71-0.54-0.350.360.64-0.72-0.39-0.56-0.52-0.26-0.91-0.6-0.710.33-0.52-0.6-0.16-0.64-0.68-0.26-0.62-0.4
-0.55-0.37-0.37-0.54-0.52-0.440.360.130.06-0.95-0.420.01-0.77-0.33-0.4-0.50.49-0.44-0.380.09-0.23-0.53-0.25-0.61-0.14
-0.75-0.39-0.49-0.66-0.76-0.720.640.13-0.7-0.23-0.77-0.71-0.38-0.63-0.61-0.8-0.17-0.57-0.67-0.4-0.98-0.66-0.38-0.71-0.64
0.380.230.030.450.370.34-0.720.06-0.70.030.450.520.00.810.310.410.00.490.260.410.620.470.020.350.48
0.70.640.370.710.640.59-0.39-0.95-0.230.030.590.020.850.360.530.63-0.450.650.51-0.190.330.720.330.740.41
0.950.750.520.910.970.93-0.56-0.42-0.770.450.590.540.750.590.810.890.110.830.880.00.810.910.480.930.74
0.50.090.350.410.540.55-0.520.01-0.710.520.020.540.230.560.40.550.340.360.520.260.70.410.20.470.25
0.830.650.440.730.830.84-0.26-0.77-0.380.00.850.750.230.250.570.70.050.660.62-0.090.50.730.420.860.44
0.550.270.380.680.550.42-0.91-0.33-0.630.810.360.590.560.250.490.6-0.20.610.530.250.610.680.050.560.34
0.820.590.350.750.80.66-0.6-0.4-0.610.310.530.810.40.570.490.87-0.230.580.89-0.260.610.730.790.80.58
0.950.650.580.880.890.8-0.71-0.5-0.80.410.630.890.550.70.60.87-0.120.730.89-0.050.850.870.640.940.67
0.01-0.120.07-0.120.140.270.330.49-0.170.0-0.450.110.340.05-0.2-0.23-0.12-0.07-0.010.360.2-0.11-0.2-0.01-0.07
0.80.870.280.870.740.81-0.52-0.44-0.570.490.650.830.360.660.610.580.73-0.070.62-0.140.610.920.240.780.76
0.870.590.660.860.880.75-0.6-0.38-0.670.260.510.880.520.620.530.890.89-0.010.62-0.070.710.830.550.860.53
-0.03-0.340.350.010.090.07-0.160.09-0.40.41-0.190.00.26-0.090.25-0.26-0.050.36-0.14-0.070.37-0.02-0.410.0-0.11
0.820.430.570.710.820.78-0.64-0.23-0.980.620.330.810.70.50.610.610.850.20.610.710.370.710.390.790.63
0.910.830.550.990.870.82-0.68-0.53-0.660.470.720.910.410.730.680.730.87-0.110.920.83-0.020.710.340.920.74
0.60.350.120.360.510.43-0.26-0.25-0.380.020.330.480.20.420.050.790.64-0.20.240.55-0.410.390.340.560.44
0.990.710.610.930.960.9-0.62-0.61-0.710.350.740.930.470.860.560.80.94-0.010.780.860.00.790.920.560.66
0.710.860.220.710.620.66-0.4-0.14-0.640.480.410.740.250.440.340.580.67-0.070.760.53-0.110.630.740.440.66
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Batm Advanced Account Relationship Matchups

Batm Advanced fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets173.8M200.1M193.2M175.2M174.6M168.1M
Short Long Term Debt Total17.1M16.7M10.3M10.0M9.1M7.5M
Other Current Liab313K31.2M26.8M25.3M16.6M15.3M
Total Current Liabilities52.8M64.3M57.9M51.3M47.1M34.5M
Total Stockholder Equity108.8M122.6M127.4M115.1M120.3M92.5M
Property Plant And Equipment Net24.1M25.7M24.7M20.8M20.4M17.5M
Net Debt(23.5M)(33.9M)(55.0M)(25.2M)(23.3M)(24.4M)
Retained Earnings(299.4M)(290.1M)(279.9M)(279.6M)(279.8M)(293.8M)
Accounts Payable44.5M22.4M20.7M21.0M22.5M20.8M
Cash40.6M50.6M65.3M35.2M32.3M32.9M
Non Current Assets Total63.5M71.4M59.5M60.1M64.4M44.7M
Non Currrent Assets Other6.2M4.7M4.2M9.6M4.1M4.3M
Cash And Short Term Investments44.8M53.4M67.8M44.2M40.8M40.5M
Net Receivables34.1M30.7M26.9M27.8M24.3M14.1M
Common Stock Shares Outstanding425.1M444.1M444.3M442.4M436.8M439.0M
Short Term Investments4.3M2.8M2.4M9.0M281K267.0K
Liabilities And Stockholders Equity173.8M200.1M193.2M175.2M174.6M168.1M
Non Current Liabilities Total16.7M17.1M11.1M9.9M8.1M7.1M
Inventory22.7M33.9M31.0M34.5M38.2M22.1M
Other Current Assets9.9M10.8M34.9M8.7M6.9M6.5M
Other Stockholder Equity406.9M425.7M425.8M426.1M368.9M425.7M
Total Liab69.4M81.3M69.0M61.2M55.2M41.6M
Property Plant And Equipment Gross24.1M25.7M24.7M20.8M53.4M56.0M
Total Current Assets110.3M128.7M133.6M115.1M110.2M106.7M
Accumulated Other Comprehensive Income(18.6M)(14.3M)(19.8M)(32.8M)(29.9M)(28.4M)
Short Term Debt8.0M7.6M3.8M4.2M5.1M5.8M
Intangible Assets6.9M6.9M4.6M5.9M8.0M7.6M
Other Liab7.6M8.0M4.7M4.1M4.7M4.4M
Good Will16.8M16.8M11.4M12.6M12.8M19.2M
Property Plant Equipment24.1M25.7M24.7M20.8M23.9M18.6M
Other Assets5.1M7.6M5.1M4.0M4.6M5.9M
Long Term Debt762K675K1.4M2M1.3M1.5M
Net Tangible Assets85.1M98.9M111.4M96.5M111.0M90.8M
Short Long Term Debt5.9M5.4M1.6M2.2M3.3M3.3M
Capital Surpluse407.7M407.8M425.5M425.7M489.5M456.3M
Non Current Liabilities Other2.9M6.4M3.9M3.5M3.4M3.6M

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Other Information on Investing in Batm Stock

Balance Sheet is a snapshot of the financial position of Batm Advanced Commun at a specified time, usually calculated after every quarter, six months, or one year. Batm Advanced Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Batm Advanced 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 Batm currently owns. An asset can also be divided into two categories, current and non-current.