Culp Days Sales Outstanding vs Pfcf Ratio Analysis

CULP Stock  USD 5.38  0.20  3.86%   
Culp financial indicator trend analysis is way more than just evaluating Culp Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Culp Inc is a good investment. Please check the relationship between Culp Days Sales Outstanding and its Pfcf Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Culp 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 bureau of economic analysis.

Days Sales Outstanding vs Pfcf Ratio

Days Sales Outstanding vs Pfcf Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Culp Inc Days Sales Outstanding account and Pfcf Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Culp's Days Sales Outstanding and Pfcf Ratio is -0.37. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Pfcf Ratio in the same time period over historical financial statements of Culp Inc, assuming nothing else is changed. The correlation between historical values of Culp's Days Sales Outstanding and Pfcf Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Culp Inc are associated (or correlated) with its Pfcf Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pfcf Ratio has no effect on the direction of Days Sales Outstanding i.e., Culp's Days Sales Outstanding and Pfcf Ratio go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Sales Outstanding

Pfcf Ratio

Most indicators from Culp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Culp 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 Culp 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 bureau of economic analysis.
At this time, Culp's Tax Provision is relatively stable compared to the past year. As of 12/12/2024, Sales General And Administrative To Revenue is likely to grow to 0.04, though Enterprise Value Over EBITDA is likely to grow to (2.50).
 2021 2022 2023 2024 (projected)
Interest Expense17K6.2M11K10.5K
Depreciation And Amortization7.6M7.3M6.9M7.8M

Culp fundamental ratios Correlations

-0.19-0.250.510.930.82-0.720.810.84-0.350.250.560.190.730.280.630.530.80.880.510.350.570.67-0.390.030.19
-0.19-0.11-0.26-0.35-0.210.35-0.22-0.39-0.110.14-0.480.83-0.26-0.41-0.540.45-0.20.050.1-0.330.440.290.39-0.22-0.24
-0.25-0.110.02-0.16-0.240.20.02-0.10.560.51-0.58-0.28-0.3-0.1-0.53-0.25-0.24-0.270.050.33-0.26-0.190.54-0.39-0.39
0.51-0.260.020.360.44-0.50.20.32-0.310.580.59-0.130.30.480.640.610.440.54-0.190.930.270.33-0.660.040.31
0.93-0.35-0.160.360.73-0.790.950.88-0.270.10.5-0.030.690.180.60.220.720.790.630.250.480.63-0.35-0.11-0.02
0.82-0.21-0.240.440.73-0.420.640.81-0.40.130.370.290.960.610.540.541.00.640.320.290.230.28-0.350.20.06
-0.720.350.2-0.5-0.79-0.42-0.72-0.550.47-0.13-0.620.14-0.38-0.17-0.63-0.21-0.4-0.77-0.41-0.34-0.68-0.730.550.160.02
0.81-0.220.020.20.950.64-0.720.81-0.20.130.230.050.60.070.350.120.620.720.720.160.50.64-0.12-0.29-0.32
0.84-0.39-0.10.320.880.81-0.550.81-0.25-0.040.420.00.720.340.560.220.790.530.610.270.220.31-0.220.070.07
-0.35-0.110.56-0.31-0.27-0.40.47-0.2-0.250.12-0.46-0.31-0.44-0.16-0.42-0.43-0.38-0.40.03-0.05-0.5-0.270.520.0-0.03
0.250.140.510.580.10.13-0.130.13-0.040.12-0.130.140.050.12-0.130.530.140.44-0.220.660.270.340.08-0.27-0.09
0.56-0.48-0.580.590.50.37-0.620.230.42-0.46-0.13-0.310.350.230.960.230.370.49-0.010.390.230.31-0.860.250.66
0.190.83-0.28-0.13-0.030.290.140.050.0-0.310.14-0.310.230.01-0.310.680.290.320.2-0.290.510.360.30.04-0.19
0.73-0.26-0.30.30.690.96-0.380.60.72-0.440.050.350.230.530.50.40.960.580.210.140.140.19-0.370.20.01
0.28-0.41-0.10.480.180.61-0.170.070.34-0.160.120.230.010.530.40.360.620.15-0.220.4-0.17-0.16-0.320.460.09
0.63-0.54-0.530.640.60.54-0.630.350.56-0.42-0.130.96-0.310.50.40.250.540.510.060.460.170.28-0.880.280.53
0.530.45-0.250.610.220.54-0.210.120.22-0.430.530.230.680.40.360.250.550.63-0.020.430.550.48-0.240.140.21
0.8-0.2-0.240.440.721.0-0.40.620.79-0.380.140.370.290.960.620.540.550.630.30.290.210.27-0.360.220.06
0.880.05-0.270.540.790.64-0.770.720.53-0.40.440.490.320.580.150.510.630.630.370.330.780.88-0.41-0.140.04
0.510.10.05-0.190.630.32-0.410.720.610.03-0.22-0.010.20.21-0.220.06-0.020.30.37-0.190.470.530.19-0.2-0.23
0.35-0.330.330.930.250.29-0.340.160.27-0.050.660.39-0.290.140.40.460.430.290.33-0.190.060.17-0.44-0.060.21
0.570.44-0.260.270.480.23-0.680.50.22-0.50.270.230.510.14-0.170.170.550.210.780.470.060.92-0.18-0.3-0.14
0.670.29-0.190.330.630.28-0.730.640.31-0.270.340.310.360.19-0.160.280.480.270.880.530.170.92-0.21-0.31-0.11
-0.390.390.54-0.66-0.35-0.350.55-0.12-0.220.520.08-0.860.3-0.37-0.32-0.88-0.24-0.36-0.410.19-0.44-0.18-0.21-0.18-0.39
0.03-0.22-0.390.04-0.110.20.16-0.290.070.0-0.270.250.040.20.460.280.140.22-0.14-0.2-0.06-0.3-0.31-0.180.49
0.19-0.24-0.390.31-0.020.060.02-0.320.07-0.03-0.090.66-0.190.010.090.530.210.060.04-0.230.21-0.14-0.11-0.390.49
Click cells to compare fundamentals

Culp Account Relationship Matchups

Culp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets215.1M214.1M177.6M152.2M132.1M195.4M
Short Long Term Debt Total42.2M9.6M10.3M6.3M4.5M4.3M
Other Current Liab6.1M14.8M7.8M9.9M8.0M8.2M
Total Current Liabilities40.1M61.2M32.6M44.0M38.1M43.3M
Total Stockholder Equity129.7M129.0M119.5M89.1M76.1M101.4M
Property Plant And Equipment Net47.1M55.7M57.3M44.3M39.4M44.4M
Net Debt(27.6M)(27.5M)(4.3M)(14.7M)(5.5M)(5.3M)
Retained Earnings86.5M84.4M75.7M44.2M30.4M28.9M
Non Current Assets Total63.4M70.9M70.4M56.7M51.2M62.9M
Non Currrent Assets Other664K2.0M595K2.6M2.3M3.2M
Net Receivables26.7M37.7M23.1M25.0M21.5M26.8M
Common Stock Shares Outstanding12.4M12.3M12.2M12.3M12.4M13.1M
Liabilities And Stockholders Equity215.1M214.1M177.6M152.2M132.1M195.4M
Non Current Liabilities Total45.3M23.8M25.5M19.1M17.8M16.9M
Inventory47.9M55.9M66.6M45.1M44.8M47.9M
Other Current Assets2.1M3.9M3.0M4.5M3.6M3.0M
Other Stockholder Equity42.6M43.8M43.1M44.3M45.0M47.5M
Total Liab85.4M85.1M58.1M63.1M55.9M68.3M
Property Plant And Equipment Gross47.1M55.7M57.3M44.3M39.9M44.7M
Total Current Assets151.7M143.2M107.2M95.5M80.9M109.0M
Accumulated Other Comprehensive Income(10K)146K32K19K118K123.9K
Accounts Payable23.1M42.9M20.6M29.5M25.6M28.1M
Cash69.8M37.0M14.6M21.0M10.0M17.4M
Cash And Short Term Investments75.0M45.7M14.6M22.4M10.9M20.6M
Intangible Assets3.4M3.0M2.6M2.3M1.9M1.8M
Common Stock Total Equity623K620K615K616K708.4K675.9K
Common Stock623K620K615K616K624K673.1K
Other Assets9.3M11.0M10.5M10.1M11.6M11.4M
Property Plant Equipment47.1M55.7M57.3M44.3M39.9M43.2M
Current Deferred Revenue502K540K520K1.2M1.5M1.4M
Short Term Investments5.2M8.7M0.01.4M903K857.9K
Other Liab13.5M17.0M18.4M15.5M17.8M12.1M
Net Tangible Assets126.3M126.0M116.9M86.8M99.9M128.6M

Pair Trading with Culp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Culp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Culp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Culp Stock

  0.88DOOO BRP IncPairCorr

Moving against Culp Stock

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  0.61PVH PVH CorpPairCorr
The ability to find closely correlated positions to Culp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Culp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Culp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Culp Inc to buy it.
The correlation of Culp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Culp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Culp Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Culp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Culp Stock Analysis

When running Culp's price analysis, check to measure Culp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Culp is operating at the current time. Most of Culp's value examination focuses on studying past and present price action to predict the probability of Culp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Culp's price. Additionally, you may evaluate how the addition of Culp to your portfolios can decrease your overall portfolio volatility.