Multi Net Receivables vs Accounts Payable Analysis

MCX Stock   6,674  29.95  0.45%   
Multi Commodity financial indicator trend analysis is infinitely more than just investigating Multi Commodity Exchange recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Multi Commodity Exchange is a good investment. Please check the relationship between Multi Commodity Net Receivables and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multi Commodity Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Multi Commodity Exchange Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Multi Commodity's Net Receivables and Accounts Payable is 0.22. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Multi Commodity Exchange, assuming nothing else is changed. The correlation between historical values of Multi Commodity's Net Receivables 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 Net Receivables of Multi Commodity Exchange 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 Net Receivables i.e., Multi Commodity's Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Multi Commodity 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 Multi Commodity Exchange 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 Multi Commodity's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Multi Commodity Exchange 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Multi Commodity Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 144 M. The current year's Tax Provision is expected to grow to about 268.9 M
 2021 2022 2023 2024 (projected)
Interest Expense2.4M2.1M2.7M2.1M
Depreciation And Amortization2.3B3.8B359.3M341.3M

Multi Commodity fundamental ratios Correlations

0.720.740.70.72-0.470.750.450.61-0.090.5-0.60.480.33-0.160.830.580.810.30.590.090.370.270.570.80.69
0.721.00.070.43-0.730.170.690.43-0.130.44-0.160.130.0-0.290.850.470.460.110.56-0.130.450.410.540.440.46
0.741.00.10.46-0.730.210.690.45-0.150.44-0.190.140.01-0.30.850.470.490.130.6-0.130.460.390.550.470.47
0.70.070.10.630.050.99-0.030.43-0.010.32-0.830.430.530.030.310.390.770.480.220.290.12-0.020.260.620.48
0.720.430.460.63-0.440.650.440.76-0.54-0.11-0.410.10.6-0.250.420.070.620.630.62-0.40.660.280.740.850.53
-0.47-0.73-0.730.05-0.440.0-0.99-0.70.3-0.120.140.270.090.19-0.48-0.11-0.44-0.01-0.570.53-0.84-0.23-0.45-0.47-0.32
0.750.170.210.990.650.00.020.45-0.080.36-0.840.460.5-0.030.40.420.790.520.30.290.120.00.290.640.51
0.450.690.69-0.030.44-0.990.020.72-0.350.11-0.17-0.28-0.11-0.210.450.10.440.010.58-0.540.840.170.410.470.3
0.610.430.450.430.76-0.70.450.72-0.44-0.19-0.310.030.37-0.280.42-0.150.510.490.56-0.610.790.150.60.860.7
-0.09-0.13-0.15-0.01-0.540.3-0.08-0.35-0.440.43-0.090.27-0.150.380.00.3-0.04-0.45-0.570.59-0.420.08-0.29-0.340.02
0.50.440.440.32-0.11-0.120.360.11-0.190.43-0.610.35-0.290.10.520.940.58-0.380.070.77-0.20.0-0.19-0.080.0
-0.6-0.16-0.19-0.83-0.410.14-0.84-0.17-0.31-0.09-0.61-0.26-0.23-0.08-0.31-0.61-0.85-0.19-0.13-0.45-0.190.03-0.03-0.33-0.22
0.480.130.140.430.10.270.46-0.280.030.270.35-0.260.340.00.630.480.11-0.02-0.010.47-0.410.320.110.320.55
0.330.00.010.530.60.090.5-0.110.37-0.15-0.29-0.230.340.040.19-0.050.150.68-0.04-0.180.260.480.590.540.58
-0.16-0.29-0.30.03-0.250.19-0.03-0.21-0.280.380.1-0.080.00.04-0.240.110.0-0.28-0.310.23-0.10.36-0.09-0.22-0.21
0.830.850.850.310.42-0.480.40.450.420.00.52-0.310.630.19-0.240.620.450.080.460.120.20.480.480.550.67
0.580.470.470.390.07-0.110.420.1-0.150.30.94-0.610.48-0.050.110.620.58-0.330.090.72-0.130.22-0.030.050.06
0.810.460.490.770.62-0.440.790.440.51-0.040.58-0.850.110.150.00.450.580.20.480.20.450.00.30.570.32
0.30.110.130.480.63-0.010.520.010.49-0.45-0.38-0.19-0.020.68-0.280.08-0.330.20.22-0.360.290.080.550.510.51
0.590.560.60.220.62-0.570.30.580.56-0.570.07-0.13-0.01-0.04-0.310.460.090.480.22-0.380.43-0.040.420.570.27
0.09-0.13-0.130.29-0.40.530.29-0.54-0.610.590.77-0.450.47-0.180.230.120.720.2-0.36-0.38-0.69-0.12-0.48-0.39-0.22
0.370.450.460.120.66-0.840.120.840.79-0.42-0.2-0.19-0.410.26-0.10.2-0.130.450.290.43-0.690.30.620.580.32
0.270.410.39-0.020.28-0.230.00.170.150.080.00.030.320.480.360.480.220.00.08-0.04-0.120.30.640.220.38
0.570.540.550.260.74-0.450.290.410.6-0.29-0.19-0.030.110.59-0.090.48-0.030.30.550.42-0.480.620.640.70.66
0.80.440.470.620.85-0.470.640.470.86-0.34-0.08-0.330.320.54-0.220.550.050.570.510.57-0.390.580.220.70.8
0.690.460.470.480.53-0.320.510.30.70.020.0-0.220.550.58-0.210.670.060.320.510.27-0.220.320.380.660.8
Click cells to compare fundamentals

Multi Commodity Account Relationship Matchups

Multi Commodity fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets27.3B25.0B28.0B18.6B34.1B20.6B
Other Current Liab8.7B5.2B7.5B1.7B11.2B5.8B
Total Current Liabilities9.1B5.6B7.9B2.1B11.8B6.1B
Total Stockholder Equity13.6B14.2B14.2B16.0B13.8B12.0B
Property Plant And Equipment Net1.4B1.4B1.8B1.8B1.9B1.6B
Net Debt(4.0B)(282.6M)(1.4B)11.4M(9.6B)(9.2B)
Retained Earnings9.6B10.2B10.3B10.9B9.9B8.0B
Cash4.1B297.9M1.4B4.1M9.7B10.1B
Non Current Assets Total12.3B13.7B9.8B14.8B19.6B20.6B
Non Currrent Assets Other13.2B10.7B100K2.9B986.3M937.0M
Cash And Short Term Investments14.2B10.2B11.3B2.3B12.8B9.9B
Common Stock Shares Outstanding50.9M50.9M50.9M50.9M51.0M44.5M
Liabilities And Stockholders Equity27.3B25.0B28.0B18.6B34.1B20.6B
Non Current Liabilities Total4.6B5.3B5.9B539.3M655.9M623.1M
Other Current Assets3.4B3.9B6.9B8.2B1.6B2.3B
Total Liab13.8B10.8B13.8B2.6B12.5B8.1B
Total Current Assets15.0B11.3B18.2B3.7B14.5B11.6B
Accumulated Other Comprehensive Income(508.6M)1.3B1.2B1.2B1.2B1.3B
Net Receivables698.6M788.9M698.1M1.1B679.1M559.0M
Accounts Payable361.6M265.6M371.9M281.5M682.7M341.5M
Short Term Investments10.1B9.9B10.0B2.3B3.1B3.0B
Intangible Assets380.4M435.9M704.5M1.3B2.0B2.1B
Inventory(342.5M)277.9M6.0B(575.1M)(511.5M)(537.1M)
Other Liab414.2M530.4M567.4M653.2M751.2M466.3M
Net Tangible Assets15.5B17.3B18.4B18.7B21.5B17.3B
Other Assets3.3B3.7B2.1B1.9B2.2B1.5B
Property Plant Equipment1.4B1.4B1.4B1.8B2.1B1.5B
Current Deferred Revenue7.9B4.3B6.5B900.3M10.3B5.2B
Short Term Debt7.2M7M4M4.2M7.5M7.1M
Non Current Liabilities Other4.1B100K300K(200K)(180K)(171K)
Net Invested Capital13.6B14.2B14.2B16.0B13.8B15.4B
Net Working Capital5.9B5.7B10.3B1.7B2.7B4.7B

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Other Information on Investing in Multi Stock

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