Stitch Accounts Payable vs Current Deferred Revenue Analysis

SFIX Stock  USD 4.66  0.02  0.43%   
Stitch Fix financial indicator trend analysis is much more than just breaking down Stitch Fix prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Stitch Fix is a good investment. Please check the relationship between Stitch Fix Accounts Payable and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stitch Fix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Stitch Stock please use our How to Invest in Stitch Fix guide.

Accounts Payable vs Current Deferred Revenue

Accounts Payable vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Stitch Fix Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Stitch Fix's Accounts Payable and Current Deferred Revenue is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Stitch Fix, assuming nothing else is changed. The correlation between historical values of Stitch Fix's Accounts Payable and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Stitch Fix are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., Stitch Fix's Accounts Payable and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Stitch Fix 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 Stitch Fix 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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Stitch Fix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Stitch Fix 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Stitch Fix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Stitch Stock please use our How to Invest in Stitch Fix guide.Enterprise Value is likely to rise to about 5.7 B in 2024, despite the fact that Tax Provision is likely to grow to (1.6 M).
 2021 2022 2023 2024 (projected)
Interest Expense930K379K341.1K324.0K
Depreciation And Amortization37.2M43.3M44.5M26.1M

Stitch Fix fundamental ratios Correlations

0.810.930.95-0.180.960.910.980.4-0.330.870.510.940.29-0.240.860.660.820.90.860.940.940.830.940.820.98
0.810.850.62-0.60.670.940.80.7-0.520.650.250.890.23-0.430.530.770.580.960.80.810.640.80.910.910.7
0.930.850.79-0.360.830.930.910.47-0.540.940.480.90.3-0.280.760.80.70.920.910.930.790.90.980.890.9
0.950.620.790.080.980.740.940.2-0.10.750.540.840.27-0.110.880.460.830.730.730.860.980.670.780.620.96
-0.18-0.6-0.360.080.0-0.51-0.19-0.640.74-0.220.07-0.33-0.20.430.1-0.540.09-0.51-0.49-0.310.12-0.45-0.44-0.59-0.06
0.960.670.830.980.00.770.930.21-0.240.790.590.830.21-0.210.920.570.850.770.820.860.950.780.820.730.98
0.910.940.930.74-0.510.770.880.67-0.460.820.310.970.35-0.320.620.740.670.990.840.910.750.830.980.910.81
0.980.80.910.94-0.190.930.880.42-0.290.810.440.930.39-0.120.780.650.780.860.840.980.920.780.910.780.95
0.40.70.470.2-0.640.210.670.42-0.320.28-0.470.650.31-0.23-0.050.570.430.670.40.50.240.350.570.640.21
-0.33-0.52-0.54-0.10.74-0.24-0.46-0.29-0.32-0.48-0.33-0.290.220.71-0.33-0.81-0.16-0.5-0.74-0.34-0.08-0.72-0.53-0.67-0.33
0.870.650.940.75-0.220.790.820.810.28-0.480.570.780.27-0.20.780.660.640.80.830.840.740.840.90.770.87
0.510.250.480.540.070.590.310.44-0.47-0.330.570.26-0.13-0.290.80.230.180.330.550.380.50.580.420.320.65
0.940.890.90.84-0.330.830.970.930.65-0.290.780.260.37-0.230.660.650.780.950.780.930.860.740.940.840.85
0.290.230.30.27-0.20.210.350.390.310.220.27-0.130.370.7-0.07-0.090.030.250.130.510.180.070.280.210.22
-0.24-0.43-0.28-0.110.43-0.21-0.32-0.12-0.230.71-0.2-0.29-0.230.7-0.37-0.6-0.28-0.42-0.5-0.06-0.15-0.51-0.35-0.48-0.23
0.860.530.760.880.10.920.620.78-0.05-0.330.780.80.66-0.07-0.370.540.740.650.780.690.870.790.730.630.93
0.660.770.80.46-0.540.570.740.650.57-0.810.660.230.65-0.09-0.60.540.620.760.870.670.470.870.80.870.63
0.820.580.70.830.090.850.670.780.43-0.160.640.180.780.03-0.280.740.620.70.660.70.860.630.710.670.8
0.90.960.920.73-0.510.770.990.860.67-0.50.80.330.950.25-0.420.650.760.70.850.870.740.850.970.930.81
0.860.80.910.73-0.490.820.840.840.4-0.740.830.550.780.13-0.50.780.870.660.850.840.70.950.90.910.86
0.940.810.930.86-0.310.860.910.980.5-0.340.840.380.930.51-0.060.690.670.70.870.840.830.780.920.80.9
0.940.640.790.980.120.950.750.920.24-0.080.740.50.860.18-0.150.870.470.860.740.70.830.640.780.610.94
0.830.80.90.67-0.450.780.830.780.35-0.720.840.580.740.07-0.510.790.870.630.850.950.780.640.90.930.83
0.940.910.980.78-0.440.820.980.910.57-0.530.90.420.940.28-0.350.730.80.710.970.90.920.780.90.930.88
0.820.910.890.62-0.590.730.910.780.64-0.670.770.320.840.21-0.480.630.870.670.930.910.80.610.930.930.76
0.980.70.90.96-0.060.980.810.950.21-0.330.870.650.850.22-0.230.930.630.80.810.860.90.940.830.880.76
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Stitch Fix Account Relationship Matchups

Stitch Fix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets769.4M819.1M764.5M614.5M486.9M611.2M
Other Current Liab89.6M89.9M72.0M83.2M63.6M57.3M
Total Current Liabilities212.2M228.3M295.6M238.1M203.6M210.4M
Total Stockholder Equity401.0M460.8M322.7M247.3M187.0M308.8M
Other Liab16.1M8.4M5.0M3.6M3.3M3.1M
Net Tangible Assets401.0M460.8M322.7M247.3M284.4M310.0M
Property Plant And Equipment Net203.0M205.5M235.6M185.9M115.3M132.0M
Current Deferred Revenue13.1M18.2M14.4M11.6M9.2M12.1M
Net Debt21.1M17.5M39.4M(84.7M)(45.4M)(47.6M)
Retained Earnings49.6M40.7M(166.4M)(338.4M)(467.3M)(443.9M)
Accounts Payable85.2M73.5M143.9M99.3M80.5M89.7M
Cash143.5M129.8M130.9M239.4M162.9M180.5M
Non Current Assets Total303.1M297.3M287.3M189.0M120.2M183.1M
Non Currrent Assets Other4.7M32.8M34.0M3.2M4.9M4.6M
Other Assets5.0M32.8M34.0M3.2M2.8M2.7M
Cash And Short Term Investments286.5M231.3M213.0M257.6M247.0M250.5M
Common Stock Shares Outstanding102.4M106.0M108.8M114.7M120.2M113.0M
Short Term Investments143.0M101.5M82.0M18.2M84.1M70.2M
Liabilities And Stockholders Equity769.4M819.1M764.5M614.5M486.9M611.2M
Non Current Liabilities Total156.2M130.0M146.3M129.1M96.3M92.1M
Capital Surpluse235.3M279.5M348.8M522.7M601.1M631.1M
Inventory124.8M212.3M197.3M137.2M97.9M132.6M
Other Current Assets55.0M50.5M39.5M30.7M21.8M38.3M
Other Stockholder Equity348.8M416.8M492.6M585.2M654.6M374.7M
Total Liab368.4M358.3M441.9M367.2M299.8M302.5M
Property Plant And Equipment Gross203.0M205.5M235.6M185.9M271.0M151.0M
Total Current Assets466.3M521.8M477.3M425.5M366.7M428.1M
Accumulated Other Comprehensive Income2.7M3.4M(3.5M)527K(335K)(351.8K)
Non Current Liabilities Other16.1M8.4M146.3M3.6M606K575.7K
Short Term Debt24.3M10.0M58.0M18.8M43.6M30.6M
Property Plant Equipment203.0M205.5M103.4M185.9M213.7M114.5M
Net Invested Capital401.0M460.8M322.7M247.3M187.0M328.9M
Net Working Capital254.2M293.5M181.7M187.4M163.2M171.8M
Net Receivables22.3M27.7M27.6M673K600K570K

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