TATA Inventory vs Net Receivables Analysis

TATACONSUM   955.00  2.00  0.21%   
TATA SUMER financial indicator trend analysis is much more than just breaking down TATA SUMER PRODUCTS prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TATA SUMER PRODUCTS is a good investment. Please check the relationship between TATA SUMER Inventory and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TATA SUMER PRODUCTS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Inventory vs Net Receivables

Inventory vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TATA SUMER PRODUCTS Inventory account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between TATA SUMER's Inventory and Net Receivables is 0.19. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of TATA SUMER PRODUCTS, assuming nothing else is changed. The correlation between historical values of TATA SUMER's Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of TATA SUMER PRODUCTS are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., TATA SUMER's Inventory and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.19
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory

Net Receivables

Most indicators from TATA SUMER's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TATA SUMER PRODUCTS 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 TATA SUMER PRODUCTS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
As of the 4th of December 2024, Selling General Administrative is likely to drop to about 1.6 B. In addition to that, Tax Provision is likely to drop to about 3.4 B
 2021 2022 2023 2024 (projected)
Gross Profit50.2B57.8B50.1B39.1B
Total Revenue123.5B137.8B152.1B81.3B

TATA SUMER fundamental ratios Correlations

0.76-0.360.930.970.98-0.230.960.950.990.240.75-0.271.00.840.780.740.740.910.890.790.840.870.830.790.05
0.76-0.130.880.60.790.380.780.750.82-0.030.26-0.740.780.420.990.30.350.640.950.30.440.790.950.32-0.35
-0.36-0.13-0.19-0.43-0.440.37-0.33-0.37-0.34-0.61-0.470.08-0.31-0.34-0.18-0.1-0.66-0.44-0.19-0.29-0.34-0.26-0.15-0.54-0.7
0.930.88-0.190.820.920.010.960.90.940.080.52-0.480.930.620.890.620.530.760.980.610.640.880.960.57-0.25
0.970.6-0.430.820.95-0.390.90.910.940.310.86-0.080.960.920.620.790.820.930.760.880.920.780.670.880.23
0.980.79-0.440.920.95-0.140.960.920.980.280.73-0.30.970.810.80.710.770.890.90.760.820.840.830.790.06
-0.230.380.370.01-0.39-0.14-0.17-0.3-0.13-0.4-0.58-0.56-0.18-0.380.34-0.42-0.4-0.250.15-0.54-0.37-0.080.23-0.52-0.6
0.960.78-0.330.960.90.96-0.170.930.960.140.68-0.290.950.750.80.710.670.860.920.740.750.870.860.7-0.06
0.950.75-0.370.90.910.92-0.30.930.950.260.74-0.340.950.770.760.680.690.860.870.750.780.870.810.750.09
0.990.82-0.340.940.940.98-0.130.960.950.190.69-0.360.990.810.840.680.710.90.920.730.810.890.870.740.01
0.24-0.03-0.610.080.310.28-0.40.140.260.190.45-0.010.160.21-0.010.260.60.10.040.360.210.00.050.610.54
0.750.26-0.470.520.860.73-0.580.680.740.690.450.210.720.920.270.820.870.80.430.950.920.510.330.940.52
-0.27-0.740.08-0.48-0.08-0.3-0.56-0.29-0.34-0.36-0.010.21-0.290.1-0.750.19-0.04-0.13-0.60.240.09-0.46-0.680.080.27
1.00.78-0.310.930.960.97-0.180.950.950.990.160.72-0.290.840.80.710.70.920.90.770.840.890.830.750.01
0.840.42-0.340.620.920.81-0.380.750.770.810.210.920.10.840.430.820.810.910.560.911.00.650.470.870.34
0.780.99-0.180.890.620.80.340.80.760.84-0.010.27-0.750.80.430.30.390.660.960.310.440.850.950.35-0.29
0.740.3-0.10.620.790.71-0.420.710.680.680.260.820.190.710.820.30.690.630.510.950.830.480.450.830.08
0.740.35-0.660.530.820.77-0.40.670.690.710.60.87-0.040.70.810.390.690.730.490.810.820.50.40.950.58
0.910.64-0.440.760.930.89-0.250.860.860.90.10.8-0.130.920.910.660.630.730.740.760.910.850.650.740.25
0.890.95-0.190.980.760.90.150.920.870.920.040.43-0.60.90.560.960.510.490.740.50.570.890.980.49-0.27
0.790.3-0.290.610.880.76-0.540.740.750.730.360.950.240.770.910.310.950.810.760.50.920.540.410.920.3
0.840.44-0.340.640.920.82-0.370.750.780.810.210.920.090.841.00.440.830.820.910.570.920.660.480.870.34
0.870.79-0.260.880.780.84-0.080.870.870.890.00.51-0.460.890.650.850.480.50.850.890.540.660.830.51-0.03
0.830.95-0.150.960.670.830.230.860.810.870.050.33-0.680.830.470.950.450.40.650.980.410.480.830.41-0.35
0.790.32-0.540.570.880.79-0.520.70.750.740.610.940.080.750.870.350.830.950.740.490.920.870.510.410.5
0.05-0.35-0.7-0.250.230.06-0.6-0.060.090.010.540.520.270.010.34-0.290.080.580.25-0.270.30.34-0.03-0.350.5
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TATA SUMER Account Relationship Matchups

TATA SUMER fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets185.0B202.6B211.2B228.1B280.2B294.2B
Short Long Term Debt Total15.9B16.3B14.1B16.0B34.8B36.5B
Other Current Liab5.0B4.5B3.7B4.3B5.4B4.1B
Total Current Liabilities19.8B30.9B31.7B39.2B61.9B65.0B
Total Stockholder Equity138.1B145.3B151.4B162.8B160.6B168.6B
Property Plant And Equipment Net15.9B17.0B20.7B22.7B26.5B27.9B
Net Debt4.6B(4.1B)(859.6M)604.8M11.6B6.4B
Accounts Payable9.4B16.3B19.2B23.5B27.1B28.4B
Cash11.2B20.4B15.0B15.4B23.2B24.4B
Non Current Assets Total128.2B132.1B139.8B145.0B205.9B216.2B
Non Currrent Assets Other5.3B5.1B7.3B6.3B4.9B5.5B
Cash And Short Term Investments24.5B34.0B28.3B37.4B26.9B14.8B
Net Receivables13.2B12.2B18.1B17.8B(20.6M)(19.6M)
Good Will73.3B76.0B77.5B80.3B103.3B108.5B
Liabilities And Stockholders Equity185.0B202.6B211.2B228.1B280.2B294.2B
Non Current Liabilities Total16.2B15.3B16.5B17.6B43.7B45.9B
Inventory17.1B22.5B22.7B27.0B27.7B15.0B
Other Current Assets15.2B14.0B20.4B20.3B19.7B11.8B
Total Liab36.0B46.3B48.2B56.8B105.8B111.1B
Total Current Assets56.8B70.5B71.4B83.1B74.3B45.1B
Accumulated Other Comprehensive Income(14.5B)16.1B16.4B18.0B20.5B21.5B
Intangible Assets28.5B28.7B27.9B28.5B63.4B66.6B
Short Term Debt5.0B9.6B8.2B10.3B28.5B29.9B
Retained Earnings59.0B64.0B69.7B73.7B69.0B51.2B
Current Deferred Revenue4.5B4.2B3.5B3.7B636.7M604.9M
Short Term Investments13.3B13.6B13.3B22.0B3.7B7.3B
Other Liab3.2B5.2B8.6B10.6B12.2B6.2B
Net Tangible Assets32.7B37.0B41.3B46.0B52.9B36.9B
Other Assets5.0B6.3B6.2B7.7B8.8B6.2B
Long Term Debt7.9B2.9B2.4B2.1B1.7B1.6B
Short Long Term Debt4.6B4.3B7.7B9.8B27.9B29.2B
Property Plant Equipment12.2B15.9B17.0B20.7B23.8B14.1B
Net Invested Capital150.7B152.6B161.5B174.6B190.1B156.4B
Net Working Capital37.0B39.5B39.6B43.8B12.4B11.7B

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Other Information on Investing in TATA Stock

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