Silicon Average Payables vs Average Inventory Analysis
SIMO Stock | USD 53.07 0.64 1.22% |
Silicon Motion financial indicator trend analysis is much more than just breaking down Silicon Motion Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silicon Motion Technology is a good investment. Please check the relationship between Silicon Motion Average Payables and its Average Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion 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 population.
Average Payables vs Average Inventory
Average Payables vs Average Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silicon Motion Technology Average Payables account and Average Inventory. At this time, the significance of the direction appears to have totally related.
The correlation between Silicon Motion's Average Payables and Average Inventory is 0.99. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Silicon Motion Technology, assuming nothing else is changed. The correlation between historical values of Silicon Motion's Average Payables and Average 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 Average Payables of Silicon Motion Technology are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Average Payables i.e., Silicon Motion's Average Payables and Average Inventory go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
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.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most indicators from Silicon Motion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silicon Motion Technology 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 Silicon Motion 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 population. As of the 1st of December 2024, Selling General Administrative is likely to drop to about 26.2 M. In addition to that, Tax Provision is likely to drop to about 11.2 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 460.8M | 465.8M | 270.4M | 178.7M | Total Revenue | 922.1M | 945.9M | 639.1M | 368.8M |
Silicon Motion fundamental ratios Correlations
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Silicon Motion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silicon Motion fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 697.7M | 742.1M | 971.3M | 961.3M | 1.0B | 1.1B | |
Total Stockholder Equity | 536.8M | 557.7M | 657.6M | 732.6M | 734.7M | 771.4M | |
Net Debt | (320.1M) | (339.9M) | (357.2M) | (229.0M) | (312.0M) | (296.4M) | |
Cash | 323.2M | 343.0M | 360.1M | 232.2M | 314.3M | 182.0M | |
Other Assets | 5.1M | 7.3M | 20.2M | 24.6M | 28.3M | 29.7M | |
Cash And Short Term Investments | 325.2M | 343.0M | 360.1M | 232.2M | 314.3M | 201.6M | |
Common Stock Shares Outstanding | 35.3M | 35.0M | 35.0M | 33.4M | 33.5M | 35.0M | |
Liabilities And Stockholders Equity | 697.7M | 742.1M | 971.3M | 961.3M | 1.0B | 1.1B | |
Other Stockholder Equity | 265.2M | 275.1M | 244.6M | 303.6M | 321.1M | 198.1M | |
Total Liab | 160.9M | 184.3M | 313.8M | 228.6M | 273.3M | 286.9M | |
Total Current Assets | 565.2M | 607.0M | 818.1M | 787.9M | 793.2M | 832.9M | |
Other Current Liab | 14.3M | 104.3M | 153.6M | 102.5M | 147.3M | 154.7M | |
Total Current Liabilities | 125.8M | 158.7M | 281.6M | 183.9M | 212.8M | 223.5M | |
Property Plant And Equipment Net | 97.8M | 105.5M | 124.5M | 139.4M | 181.5M | 190.6M | |
Retained Earnings | 271.0M | 281.6M | 412.1M | 425.1M | 411.2M | 431.7M | |
Accounts Payable | 30.7M | 44.5M | 80.8M | 36.0M | 55.6M | 29.4M | |
Non Current Assets Total | 132.5M | 135.1M | 153.2M | 173.3M | 214.7M | 108.6M | |
Non Currrent Assets Other | 10.3M | 24.6M | 20.2M | 11.9M | 16.1M | 16.9M | |
Net Receivables | 108.7M | 115.8M | 208.6M | 206.1M | 194.7M | 204.4M | |
Common Stock Total Equity | 1.4M | 1.4M | 1.4M | 1.4M | 1.2M | 1.2M | |
Non Current Liabilities Total | 35.2M | 25.6M | 32.2M | 44.8M | 60.5M | 63.5M | |
Inventory | 88.4M | 110.2M | 163.1M | 288.0M | 217.0M | 227.8M | |
Other Current Assets | 18.8M | 49.1M | 86.4M | 61.7M | 67.3M | 70.7M | |
Property Plant And Equipment Gross | 107.1M | 112.2M | 212.8M | 245.7M | 294.2M | 308.9M | |
Accumulated Other Comprehensive Income | (785K) | (349K) | (540K) | 2.6M | 1.2M | 1.2M | |
Common Stock | 1.4M | 1.4M | 1.4M | 1.3M | 1.3M | 1.3M | |
Other Liab | 23.8M | 24.8M | 32.2M | 44.8M | 51.5M | 54.1M | |
Intangible Assets | 17.5M | 6.2M | 6.5M | 3.8M | 4.6M | 5.3M | |
Property Plant Equipment | 103.3M | 105.5M | 124.5M | 139.4M | 160.3M | 168.4M | |
Current Deferred Revenue | 77.7M | 98.4M | 178.3M | 6.9M | 6.4M | 6.1M | |
Short Term Debt | 3.0M | 3.1M | 2.9M | 3.2M | 2.3M | 2.2M | |
Good Will | 17.5M | (10.9M) | (12.8M) | (4.6M) | (4.1M) | (3.9M) | |
Long Term Investments | 3M | 5M | 8.5M | 9.3M | 17.1M | 18.0M | |
Net Tangible Assets | 515.7M | 551.5M | 657.6M | 732.6M | 842.5M | 518.7M |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion 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 population. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Semiconductors & Semiconductor Equipment 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 Silicon Motion. If investors know Silicon 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 Silicon Motion 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 0.953 | Earnings Share 2.66 | Revenue Per Share 24.268 | Quarterly Revenue Growth 0.233 | Return On Assets 0.0554 |
The market value of Silicon Motion Technology is measured differently than its book value, which is the value of Silicon that is recorded on the company's balance sheet. Investors also form their own opinion of Silicon Motion's value that differs from its market value or its book value, called intrinsic value, which is Silicon Motion'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 Silicon Motion's market value can be influenced by many factors that don't directly affect Silicon Motion'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 Silicon Motion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Silicon Motion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silicon Motion'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.