Supply Net Receivables vs Inventory Analysis
SNL Stock | 32.40 0.24 0.74% |
Supply Network financial indicator trend analysis is much more than just breaking down Supply Network prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Supply Network is a good investment. Please check the relationship between Supply Network Net Receivables and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Supply Network. 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 Inventory
Net Receivables vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Supply Network Net Receivables account and Inventory. At this time, the significance of the direction appears to have totally related.
The correlation between Supply Network's Net Receivables and Inventory is 0.99. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of Supply Network, assuming nothing else is changed. The correlation between historical values of Supply Network's Net Receivables and 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 Net Receivables of Supply Network are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., Supply Network's Net Receivables and Inventory go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
Inventory
Most indicators from Supply Network's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Supply Network 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 Supply Network. 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. At this time, Supply Network's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 14.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 11.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.5M | 1.8M | 2.4M | 2.5M | Depreciation And Amortization | 6.7M | 7.5M | 9.1M | 9.5M |
Supply Network fundamental ratios Correlations
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Supply Network Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Supply Network fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 106.6M | 117.2M | 138.5M | 169.2M | 200.5M | 210.5M | |
Short Long Term Debt Total | 42.6M | 39.6M | 46.2M | 51.9M | 51.4M | 54.0M | |
Other Current Liab | 939.0K | 1.1M | 1.3M | 1.4M | 1.6M | 937.4K | |
Total Current Liabilities | 26.3M | 32.2M | 37.8M | 46.4M | 53.7M | 56.3M | |
Total Stockholder Equity | 42.3M | 49.3M | 59.3M | 77.8M | 103.2M | 108.4M | |
Property Plant And Equipment Net | 40.0M | 36.7M | 43.6M | 50.4M | 49.1M | 51.6M | |
Current Deferred Revenue | 777.0K | 1.7M | 1.9M | 2.1M | (3.1M) | (3.0M) | |
Net Debt | 41.0M | 34.1M | 39.3M | 44.1M | 45.6M | 47.8M | |
Retained Earnings | 20.5M | 27.4M | 37.6M | 48.6M | 60.3M | 63.4M | |
Accounts Payable | 19.5M | 25.0M | 29.5M | 35.7M | 40.9M | 42.9M | |
Cash | 1.6M | 5.6M | 6.9M | 7.8M | 5.8M | 6.1M | |
Non Current Assets Total | 42.6M | 39.5M | 46.7M | 53.7M | 53.6M | 56.3M | |
Cash And Short Term Investments | 1.6M | 5.6M | 6.9M | 7.8M | 5.8M | 6.1M | |
Net Receivables | 14.9M | 17.6M | 21.4M | 28.0M | 34.0M | 35.7M | |
Common Stock Shares Outstanding | 40.8M | 40.8M | 40.8M | 41.3M | 42.2M | 32.8M | |
Liabilities And Stockholders Equity | 106.6M | 117.2M | 138.5M | 169.2M | 200.5M | 210.5M | |
Non Current Liabilities Total | 38.0M | 35.6M | 41.4M | 45.0M | 43.6M | 45.8M | |
Inventory | 47.3M | 54.1M | 63.3M | 79.4M | 103.1M | 108.2M | |
Other Current Assets | 144K | 392K | 292K | 341K | 4.0M | 4.2M | |
Total Liab | 64.3M | 67.9M | 79.2M | 91.4M | 97.3M | 102.2M | |
Property Plant And Equipment Gross | 40.0M | 58.1M | 70.6M | 82.4M | 87.7M | 92.1M | |
Total Current Assets | 63.9M | 77.6M | 91.9M | 115.5M | 146.9M | 154.3M | |
Short Term Debt | 5.0M | 4.4M | 5.2M | 7.2M | 8.0M | 8.4M | |
Other Stockholder Equity | (41.6M) | (48.7M) | (58.9M) | (77.1M) | 1.0 | 1.05 | |
Accumulated Other Comprehensive Income | 762K | 613K | 439K | 699K | 1.0M | 1.1M | |
Other Liab | 349K | 375K | 333K | 340K | 391K | 609.5K | |
Other Assets | 2.6M | 2.9M | 3.1M | 3.3M | 1.0 | 0.95 | |
Long Term Debt | 8.2M | 8.6M | 8.8M | 8.2M | 7.7M | 4.4M | |
Property Plant Equipment | 40.0M | 36.7M | 43.6M | 50.4M | 58.0M | 60.9M | |
Net Tangible Assets | 42.3M | 49.3M | 59.3M | 77.8M | 89.5M | 45.2M | |
Short Long Term Debt | 1.4M | 456K | 606K | 1.7M | 1.9M | 1.0M | |
Long Term Debt Total | 37.6M | 35.2M | 41.1M | 44.7M | 51.4M | 27.1M | |
Net Invested Capital | 51.9M | 58.4M | 68.7M | 87.7M | 112.8M | 68.9M | |
Cash And Equivalents | 1.6M | 5.6M | 6.9M | 7.8M | 8.9M | 4.6M |
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Additional Tools for Supply Stock Analysis
When running Supply Network's price analysis, check to measure Supply Network's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Supply Network is operating at the current time. Most of Supply Network's value examination focuses on studying past and present price action to predict the probability of Supply Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Supply Network's price. Additionally, you may evaluate how the addition of Supply Network to your portfolios can decrease your overall portfolio volatility.