Integrated Average Payables vs Inventory Turnover Analysis

IMTE Stock  USD 1.25  0.06  4.58%   
Integrated Media financial indicator trend analysis is infinitely more than just investigating Integrated Media Tec recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Integrated Media Tec is a good investment. Please check the relationship between Integrated Media Average Payables and its Inventory Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integrated Media 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 estimate.

Average Payables vs Inventory Turnover

Average Payables vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Integrated Media Tec Average Payables account and Inventory Turnover. At this time, the significance of the direction appears to have strong relationship.
The correlation between Integrated Media's Average Payables and Inventory Turnover is 0.62. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Integrated Media Technology, assuming nothing else is changed. The correlation between historical values of Integrated Media's Average Payables and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Integrated Media Technology are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Average Payables i.e., Integrated Media's Average Payables and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.
Most indicators from Integrated Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Integrated Media Tec 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integrated Media 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 estimate.
At present, Integrated Media's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.

Integrated Media fundamental ratios Correlations

0.710.470.560.920.310.220.260.58-0.590.38-0.180.84-0.110.45-0.380.26-0.630.420.920.850.830.70.620.530.92
0.710.790.880.66-0.230.330.420.94-0.85-0.05-0.530.550.130.67-0.71-0.17-0.57-0.120.770.740.640.420.710.630.68
0.470.790.940.230.09-0.160.390.71-0.550.3-0.330.570.410.57-0.540.21-0.740.130.370.290.20.630.790.410.3
0.560.880.940.4-0.050.050.40.82-0.70.14-0.460.580.260.59-0.640.04-0.62-0.020.540.480.330.550.790.490.46
0.920.660.230.40.00.550.220.62-0.650.09-0.380.61-0.270.33-0.50.03-0.320.120.980.960.920.370.440.550.97
0.31-0.230.09-0.050.0-0.69-0.15-0.440.420.830.670.610.03-0.050.530.72-0.510.98-0.06-0.19-0.030.780.16-0.210.02
0.220.33-0.160.050.55-0.690.420.52-0.63-0.52-0.71-0.16-0.030.02-0.64-0.440.32-0.650.550.640.5-0.480.050.610.47
0.260.420.390.40.22-0.150.420.39-0.710.02-0.230.280.790.53-0.36-0.17-0.44-0.110.290.310.180.140.560.920.19
0.580.940.710.820.62-0.440.520.39-0.84-0.2-0.790.360.120.47-0.91-0.15-0.36-0.360.740.720.590.190.650.610.63
-0.59-0.85-0.55-0.7-0.650.42-0.63-0.71-0.840.170.58-0.35-0.27-0.620.710.330.370.32-0.75-0.79-0.56-0.15-0.61-0.87-0.67
0.38-0.050.30.140.090.83-0.520.02-0.20.170.390.570.070.050.250.8-0.50.830.08-0.020.040.770.180.00.17
-0.18-0.53-0.33-0.46-0.380.67-0.71-0.23-0.790.580.390.1-0.040.030.960.09-0.140.67-0.47-0.49-0.340.28-0.31-0.39-0.37
0.840.550.570.580.610.61-0.160.280.36-0.350.570.10.150.54-0.150.41-0.840.670.610.470.620.890.740.390.58
-0.110.130.410.26-0.270.03-0.030.790.12-0.270.07-0.040.150.34-0.160.05-0.510.02-0.19-0.23-0.220.150.540.55-0.3
0.450.670.570.590.33-0.050.020.530.47-0.620.050.030.540.34-0.18-0.31-0.680.070.370.350.470.390.580.530.3
-0.38-0.71-0.54-0.64-0.50.53-0.64-0.36-0.910.710.250.96-0.15-0.16-0.180.010.130.5-0.6-0.6-0.470.04-0.55-0.53-0.49
0.26-0.170.210.040.030.72-0.44-0.17-0.150.330.80.090.410.05-0.310.01-0.360.680.02-0.1-0.010.580.24-0.20.09
-0.63-0.57-0.74-0.62-0.32-0.510.32-0.44-0.360.37-0.5-0.14-0.84-0.51-0.680.13-0.36-0.6-0.37-0.24-0.37-0.85-0.83-0.43-0.33
0.42-0.120.13-0.020.120.98-0.65-0.11-0.360.320.830.670.670.020.070.50.68-0.60.06-0.070.10.820.21-0.130.14
0.920.770.370.540.98-0.060.550.290.74-0.750.08-0.470.61-0.190.37-0.60.02-0.370.060.980.880.390.530.610.97
0.850.740.290.480.96-0.190.640.310.72-0.79-0.02-0.490.47-0.230.35-0.6-0.1-0.24-0.070.980.830.260.430.630.97
0.830.640.20.330.92-0.030.50.180.59-0.560.04-0.340.62-0.220.47-0.47-0.01-0.370.10.880.830.310.430.470.82
0.70.420.630.550.370.78-0.480.140.19-0.150.770.280.890.150.390.040.58-0.850.820.390.260.310.620.190.42
0.620.710.790.790.440.160.050.560.65-0.610.18-0.310.740.540.58-0.550.24-0.830.210.530.430.430.620.580.44
0.530.630.410.490.55-0.210.610.920.61-0.870.0-0.390.390.550.53-0.53-0.2-0.43-0.130.610.630.470.190.580.52
0.920.680.30.460.970.020.470.190.63-0.670.17-0.370.58-0.30.3-0.490.09-0.330.140.970.970.820.420.440.52
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Integrated Media Account Relationship Matchups

Integrated Media fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.9M13.0M25.1M57.5M66.1M69.4M
Short Long Term Debt Total9.2M2.4M6.1M7.6M8.7M9.1M
Other Current Liab8.3M2.9M4.5M3.3M3.8M3.2M
Total Current Liabilities18.0M4.4M9.7M11.0M12.6M6.6M
Total Stockholder Equity(1.7M)1.6M11.8M41.3M47.5M49.9M
Other Liab16.7M1.4M1.4M1.5M1.3M1.3M
Net Tangible Assets(2.5M)(11.7M)1.6M9.9M11.4M12.0M
Property Plant And Equipment Net1.2M7.3M7.9M3.3M3.8M2.7M
Net Debt8.4M213.5K5.9M7.5M8.6M9.0M
Retained Earnings(25.8M)(34.1M)(37.2M)(49.8M)(44.8M)(42.6M)
Accounts Payable109.7K112.8K103.2K98.5K88.7K142.5K
Cash735.7K2.2M274.8K74.1K66.7K63.4K
Non Current Assets Total14.7M7.3M21.8M25.7M29.6M19.1M
Non Currrent Assets Other13.6M(7.3M)11.5M20.9M24.0M25.2M
Cash And Short Term Investments735.7K2.2M274.8K74.1K66.7K63.4K
Net Receivables965.3K1.2M465.6K851.3K766.2K1.5M
Common Stock Shares Outstanding3.4M4.3M8.3M16.4M14.8M11.6M
Liabilities And Stockholders Equity19.9M13.0M25.1M57.5M66.1M69.4M
Non Current Liabilities Total1.9M3.7M1.4M3.6M3.2M6.3M
Inventory749.2K187.4K2.0M6.2M7.1M7.4M
Other Current Assets682.1K2.1M4.5M24.7M28.4M29.8M
Other Stockholder Equity0.01.6M13.2M24.2M27.9M29.3M
Total Liab19.9M8.0M11.1M14.6M16.7M15.3M
Property Plant And Equipment Gross1.2M7.3M9.3M5.7M6.5M6.9M
Short Long Term Debt14.7M982.0K4.3M7.6M8.7M9.1M
Total Current Assets5.2M5.6M3.3M31.8M36.5M38.4M
Accumulated Other Comprehensive Income5.2M3.6M824.8K1.4M1.6M2.0M
Short Term Debt8.7M(2.1M)5.2M7.6M8.7M9.1M
Intangible Assets14.8M13.6M1.9M1.3M1.5M1.4M
Property Plant Equipment729.5K1.2M7.3M7.9M9.1M9.5M
Current Deferred Revenue18.5K900.7K630.5K2.5M2.9M3.1M
Net Invested Capital13.0M4.8M16.1M48.8M56.2M59.0M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Integrated Media Tec is a strong investment it is important to analyze Integrated Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Integrated Media's future performance. For an informed investment choice regarding Integrated Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Integrated Media 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 estimate.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Integrated Media. If investors know Integrated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Integrated Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.91)
Revenue Per Share
0.173
Quarterly Revenue Growth
(0.82)
Return On Assets
(0.38)
Return On Equity
(0.81)
The market value of Integrated Media Tec is measured differently than its book value, which is the value of Integrated that is recorded on the company's balance sheet. Investors also form their own opinion of Integrated Media's value that differs from its market value or its book value, called intrinsic value, which is Integrated Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Integrated Media's market value can be influenced by many factors that don't directly affect Integrated Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Integrated Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Integrated Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Integrated Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.