Natural Days Sales Outstanding vs Payables Turnover Analysis
NGVC Stock | USD 40.53 0.10 0.25% |
Natural Grocers financial indicator trend analysis is infinitely more than just investigating Natural Grocers by recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Natural Grocers by is a good investment. Please check the relationship between Natural Grocers Days Sales Outstanding and its Payables Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Grocers by. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Days Sales Outstanding vs Payables Turnover
Days Sales Outstanding vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Natural Grocers by Days Sales Outstanding account and Payables Turnover. At this time, the significance of the direction appears to have strong relationship.
The correlation between Natural Grocers' Days Sales Outstanding and Payables Turnover is 0.64. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Natural Grocers by, assuming nothing else is changed. The correlation between historical values of Natural Grocers' Days Sales Outstanding and Payables 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 Days Sales Outstanding of Natural Grocers by are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Days Sales Outstanding i.e., Natural Grocers' Days Sales Outstanding and Payables Turnover go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Days Sales Outstanding
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most indicators from Natural Grocers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Natural Grocers by 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 Natural Grocers by. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. The current year's Enterprise Value is expected to grow to about 1.1 B, whereas Selling General Administrative is forecasted to decline to about 36.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.4M | 3.3M | 4.2M | 2.9M | Depreciation And Amortization | 28.6M | 30.4M | 35.0M | 23.2M |
Natural Grocers fundamental ratios Correlations
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Natural Grocers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Natural Grocers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 22.6M | 22.7M | 22.8M | 22.8M | 23.1M | 24.8M | |
Total Assets | 681.8M | 655.1M | 663.1M | 669.2M | 655.5M | 395.2M | |
Short Long Term Debt Total | 400.1M | 401.5M | 393.4M | 370.2M | 346.5M | 363.8M | |
Other Current Liab | (45.1M) | (45.7M) | (48.9M) | 21.4M | 24.3M | 25.6M | |
Total Current Liabilities | 129.2M | 133.8M | 137.7M | 154.0M | 164.1M | 93.2M | |
Total Stockholder Equity | 173.1M | 142.7M | 155.8M | 170.8M | 174.3M | 130.4M | |
Other Liab | 14.4M | 15.3M | 15.9M | 14.4M | 16.6M | 19.4M | |
Property Plant And Equipment Net | 527.3M | 507.2M | 507.9M | 502.1M | 494.5M | 278.0M | |
Current Deferred Revenue | 1.8M | 2.2M | 1.8M | 1.9M | 1.9M | 2.0M | |
Net Debt | 371.6M | 377.8M | 381.3M | 351.8M | 337.6M | 354.5M | |
Retained Earnings | 116.3M | 85.4M | 97.7M | 111.9M | 113.9M | 76.9M | |
Accounts Payable | 69.2M | 68.9M | 71.3M | 80.7M | 88.4M | 57.3M | |
Cash | 28.5M | 23.7M | 12.0M | 18.3M | 8.9M | 11.1M | |
Non Current Assets Total | 538.4M | 519.5M | 522.4M | 516.6M | 508.4M | 286.3M | |
Non Currrent Assets Other | 647K | 530K | (15.5M) | 413K | 458K | 480.9K | |
Other Assets | 647K | 530K | 452K | 413K | 475.0K | 929.1K | |
Cash And Short Term Investments | 28.5M | 23.7M | 12.0M | 18.3M | 8.9M | 11.3M | |
Net Receivables | 8.5M | 8.5M | 10.5M | 10.8M | 12.6M | 13.2M | |
Liabilities And Stockholders Equity | 681.8M | 655.1M | 663.1M | 669.2M | 655.5M | 395.2M | |
Non Current Liabilities Total | 379.6M | 378.6M | 369.6M | 344.3M | 317.1M | 171.4M | |
Inventory | 100.2M | 100.5M | 113.8M | 119.3M | 120.7M | 87.7M | |
Other Current Assets | 12.4M | 5.8M | 8.7M | 4.2M | 4.9M | 4.3M | |
Other Stockholder Equity | 56.8M | 57.3M | 58.1M | 58.9M | 60.3M | 75.6M | |
Total Liab | 508.7M | 512.3M | 507.3M | 498.3M | 481.2M | 264.6M | |
Property Plant And Equipment Gross | 527.3M | 507.2M | 157.2M | 502.1M | 774.0M | 812.7M | |
Total Current Assets | 143.4M | 135.6M | 140.7M | 152.6M | 147.1M | 108.9M | |
Short Term Debt | 70.0M | 74.7M | 77.7M | 40.3M | 39.9M | 23.7M | |
Intangible Assets | 5.3M | 6.6M | 8.9M | 8.9M | 8.5M | 8.9M | |
Property Plant Equipment | 147.9M | 507.2M | 507.9M | 502.1M | 577.4M | 606.3M | |
Net Tangible Assets | 173.1M | 131.0M | 141.7M | 156.7M | 180.2M | 145.4M | |
Retained Earnings Total Equity | 100.9M | 116.3M | 85.4M | 97.7M | 112.4M | 91.7M | |
Capital Surpluse | 56.3M | 56.8M | 57.3M | 58.1M | 66.8M | 61.5M | |
Deferred Long Term Liab | 14.4M | 59K | 37K | 18K | 16.2K | 15.4K |
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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 Natural Grocers by offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Natural Grocers' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Natural Grocers By Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Natural Grocers By Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Grocers by. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Consumer Staples Distribution & Retail 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 Natural Grocers. If investors know Natural 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 Natural Grocers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.29 | Dividend Share 0.4 | Earnings Share 1.34 | Revenue Per Share 53.344 | Quarterly Revenue Growth 0.097 |
The market value of Natural Grocers by is measured differently than its book value, which is the value of Natural that is recorded on the company's balance sheet. Investors also form their own opinion of Natural Grocers' value that differs from its market value or its book value, called intrinsic value, which is Natural Grocers' 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 Natural Grocers' market value can be influenced by many factors that don't directly affect Natural Grocers' 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 Natural Grocers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Natural Grocers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natural Grocers' 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.