Dynamatic Change To Account Receivables vs Change To Inventory Analysis

DYNAMATECH   8,235  167.40  1.99%   
Dynamatic Technologies financial indicator trend analysis is much more than just examining Dynamatic Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dynamatic Technologies is a good investment. Please check the relationship between Dynamatic Technologies Change To Account Receivables and its Change To Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynamatic Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Change To Account Receivables vs Change To Inventory

Change To Account Receivables vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dynamatic Technologies Change To Account Receivables account and Change To Inventory. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Dynamatic Technologies' Change To Account Receivables and Change To Inventory is 0.12. Overlapping area represents the amount of variation of Change To Account Receivables that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Dynamatic Technologies Limited, assuming nothing else is changed. The correlation between historical values of Dynamatic Technologies' Change To Account Receivables and Change To 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 Change To Account Receivables of Dynamatic Technologies Limited are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Change To Account Receivables i.e., Dynamatic Technologies' Change To Account Receivables and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Change To Account Receivables

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Dynamatic Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dynamatic Technologies 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynamatic Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Dynamatic Technologies' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 145.1 M in 2024, whereas Discontinued Operations is likely to drop (156.8 M) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.5B6.8B7.2B6.9B
Total Revenue12.4B13.2B14.3B13.6B

Dynamatic Technologies fundamental ratios Correlations

0.9-0.040.90.730.920.860.670.660.50.94-0.180.470.80.870.830.670.940.54-0.070.880.940.610.820.870.35
0.9-0.280.790.560.810.990.540.630.390.82-0.310.390.720.820.820.790.820.36-0.210.860.870.760.840.870.65
-0.04-0.280.15-0.360.01-0.3-0.480.210.050.180.48-0.06-0.32-0.31-0.220.17-0.180.020.490.17-0.25-0.72-0.31-0.31-0.58
0.90.790.150.450.890.720.380.840.590.92-0.150.560.620.670.820.670.820.40.060.940.780.330.740.720.33
0.730.56-0.360.450.60.540.970.070.290.53-0.140.310.780.770.570.080.750.65-0.230.320.840.690.580.70.16
0.920.810.010.890.60.780.550.730.410.96-0.190.370.650.790.670.640.890.360.050.860.770.470.730.770.21
0.860.99-0.30.720.540.780.540.590.230.78-0.340.240.720.80.770.80.780.31-0.290.820.830.780.790.850.65
0.670.54-0.480.380.970.550.540.030.140.45-0.250.180.820.720.530.040.720.58-0.370.250.80.750.510.640.21
0.660.630.210.840.070.730.590.030.420.79-0.260.340.40.540.60.760.670.00.180.880.460.150.680.580.22
0.50.390.050.590.290.410.230.140.420.450.10.970.240.370.550.230.470.440.360.480.480.120.540.390.18
0.940.820.180.920.530.960.780.450.790.45-0.110.390.630.770.680.750.870.410.10.930.770.40.730.760.2
-0.18-0.310.48-0.15-0.14-0.19-0.34-0.25-0.260.1-0.110.12-0.48-0.23-0.32-0.15-0.21-0.110.77-0.16-0.23-0.35-0.24-0.25-0.34
0.470.39-0.060.560.310.370.240.180.340.970.390.120.230.330.570.170.440.460.290.430.490.180.520.390.32
0.80.72-0.320.620.780.650.720.820.40.240.63-0.480.230.780.740.390.820.49-0.440.570.880.730.640.70.34
0.870.82-0.310.670.770.790.80.720.540.370.77-0.230.330.780.70.560.930.33-0.040.680.860.730.920.940.31
0.830.82-0.220.820.570.670.770.530.60.550.68-0.320.570.740.70.530.780.5-0.230.760.880.570.810.810.59
0.670.790.170.670.080.640.80.040.760.230.75-0.150.170.390.560.530.570.060.060.880.510.360.620.590.39
0.940.82-0.180.820.750.890.780.720.670.470.87-0.210.440.820.930.780.570.40.020.780.890.640.870.870.26
0.540.360.020.40.650.360.310.580.00.440.41-0.110.460.490.330.50.060.4-0.290.280.60.310.240.330.13
-0.07-0.210.490.06-0.230.05-0.29-0.370.180.360.10.770.29-0.44-0.04-0.230.060.02-0.290.06-0.23-0.40.02-0.12-0.47
0.880.860.170.940.320.860.820.250.880.480.93-0.160.430.570.680.760.880.780.280.060.730.370.750.730.39
0.940.87-0.250.780.840.770.830.80.460.480.77-0.230.490.880.860.880.510.890.6-0.230.730.730.810.880.46
0.610.76-0.720.330.690.470.780.750.150.120.4-0.350.180.730.730.570.360.640.31-0.40.370.730.630.680.63
0.820.84-0.310.740.580.730.790.510.680.540.73-0.240.520.640.920.810.620.870.240.020.750.810.630.960.49
0.870.87-0.310.720.70.770.850.640.580.390.76-0.250.390.70.940.810.590.870.33-0.120.730.880.680.960.49
0.350.65-0.580.330.160.210.650.210.220.180.2-0.340.320.340.310.590.390.260.13-0.470.390.460.630.490.49
Click cells to compare fundamentals

Dynamatic Technologies Account Relationship Matchups

Dynamatic Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.9B14.3B13.9B16.7B15.7B14.9B
Short Long Term Debt Total7.4B7.4B6.9B7.5B5.9B5.6B
Other Current Liab56.2M648.8M604.6M109.6M875.5M831.7M
Total Current Liabilities6.4B5.4B5.6B7.5B5.8B5.5B
Total Stockholder Equity3.7B3.7B3.8B5.4B6.7B6.3B
Property Plant And Equipment Net7.1B5.9B5.7B6.3B6.8B6.5B
Net Debt6.9B7.1B6.7B6.2B5.3B5.1B
Retained Earnings2.1B1.9B2.0B2.7B3.8B3.6B
Accounts Payable2.7B2.0B2.2B2.3B1.9B1.8B
Cash559.8M380.1M172.2M1.4B508.3M482.9M
Non Current Assets Total8.5B7.4B7.3B7.8B8.2B7.8B
Non Currrent Assets Other(8.1B)17.5M90.7M64.8M20.3M19.3M
Cash And Short Term Investments559.8M380.1M172.2M1.8B508.3M482.9M
Net Receivables2.5B2.0B2.2B2.6B3.0B2.9B
Short Term Investments269.6M225.8M302.6M385.7M226.6M215.3M
Liabilities And Stockholders Equity14.9B14.3B13.9B16.7B15.7B14.9B
Non Current Liabilities Total4.8B5.2B4.4B3.7B3.3B3.1B
Inventory2.6B2.2B2.6B3.0B3.1B2.9B
Other Current Assets3.2B393.1M1.4B4.5B4.0B2.4B
Other Stockholder Equity(2.0B)(2.4B)1.2B2.3B2.1B2.0B
Total Liab11.2B10.6B10.1B11.3B9.0B8.6B
Total Current Assets6.4B6.9B6.6B8.9B7.5B7.2B
Accumulated Other Comprehensive Income(2.8B)550M539.1M607.8M454.6M477.3M
Intangible Assets233.9M232.2M248.8M244.9M243.4M231.2M
Good Will971.9M1.0B1.0B1.0B939.7M866.4M
Current Deferred Revenue596.9M688.8M577M825.3M146.1M138.8M
Short Term Debt3.0B2.6B2.8B4.2B2.9B2.6B
Other Liab346.5M362.8M384.6M423.5M381.2M335.1M
Net Tangible Assets2.7B2.7B2.8B4.3B5.0B2.5B
Other Assets428.5M489.6M479.3M556.2M639.6M483.9M
Long Term Debt3.5B3.6B3.0B2.3B1.9B2.7B
Deferred Long Term Liab215M221.9M204.7M199.3M229.2M231.5M
Short Long Term Debt2.5B1.5B2.4B3.9B2.6B2.1B
Property Plant Equipment7.1B5.9B5.7B6.3B7.3B6.8B
Long Term Debt Total4.5B4.8B4.0B3.3B3.0B3.3B
Capital Lease Obligations1.4B1.7B1.4B1.4B1.3B992.5M
Non Current Liabilities Other3.7M9.9M9.7M31.3M9.6M12.3M

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