Societe Accounts Payable vs Net Receivables Analysis

VIO Stock

CAD 0.21 0.01 4.55%

Societe D financial indicator trend analysis is much more than just breaking down Societe d Exploration prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Societe d Exploration is a good investment. Please check the relationship between Societe D Accounts Payable and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Societe d Exploration. 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.

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Societe d Exploration Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Societe D's Accounts Payable and Net Receivables is 0.68. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Societe d Exploration, assuming nothing else is changed. The correlation between historical values of Societe D's Accounts Payable 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 Accounts Payable of Societe d Exploration 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 Accounts Payable i.e., Societe D's Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

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Accounts Payable

An accounting item on the balance sheet that represents Societe D 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 Societe d Exploration 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.

Net Receivables

Most indicators from Societe D's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Societe d Exploration 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 Societe d Exploration. 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, Societe D's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 21.88 in 2024, whereas Selling General Administrative is likely to drop slightly above 625 K in 2024.

Societe D fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Property Plant And Equipment Net	Accounts Payable	Intangible Assets	Short Long Term Debt Total	Short Term Debt	Net Tangible Assets	Long Term Investments	Property Plant Equipment
Total Assets		0.98	1.0	-0.04	-0.41	0.95	0.82	-0.02	0.81	0.01	0.96	0.86	-0.11	-0.32	0.99	0.97	0.3	0.98	0.88	0.65	0.16	0.46	0.19	0.54	0.14	0.8
Total Current Liabilities	0.98		0.98	-0.14	-0.55	0.98	0.71	-0.16	0.83	0.02	0.98	0.87	-0.26	-0.34	0.97	0.99	0.42	1.0	0.85	0.66	0.01	0.35	0.04	0.5	0.07	0.8
Total Stockholder Equity	1.0	0.98		-0.05	-0.43	0.95	0.82	-0.04	0.82	0.03	0.96	0.85	-0.13	-0.32	0.99	0.97	0.32	0.98	0.89	0.66	0.14	0.46	0.18	0.55	0.15	0.81
Net Debt	-0.04	-0.14	-0.05		0.36	-0.23	0.23	0.51	-0.51	-0.25	-0.12	0.08	0.59	-0.08	0.0	-0.16	-0.48	-0.11	0.09	-0.22	0.56	0.14	0.15	-0.01	0.07	-0.03
Retained Earnings	-0.41	-0.55	-0.43	0.36		-0.52	-0.05	0.73	-0.54	-0.36	-0.65	-0.45	0.86	0.56	-0.36	-0.53	-0.89	-0.56	-0.5	-0.7	0.7	0.15	0.67	-0.53	0.1	-0.68
Cash	0.95	0.98	0.95	-0.23	-0.52		0.62	-0.18	0.81	-0.03	0.94	0.84	-0.28	-0.26	0.94	0.99	0.4	0.97	0.75	0.58	-0.03	0.25	0.04	0.39	0.1	0.7
Non Current Assets Total	0.82	0.71	0.82	0.23	-0.05	0.62		0.32	0.61	0.05	0.71	0.58	0.22	-0.21	0.82	0.65	0.0	0.74	0.86	0.54	0.48	0.74	0.5	0.58	0.28	0.73
Non Currrent Assets Other	-0.02	-0.16	-0.04	0.51	0.73	-0.18	0.32		-0.21	-0.18	-0.21	-0.12	0.82	0.05	0.07	-0.16	-0.83	-0.15	0.02	-0.25	0.92	0.26	0.58	-0.22	-0.02	-0.21
Cash And Short Term Investments	0.81	0.83	0.82	-0.51	-0.54	0.81	0.61	-0.21		0.13	0.83	0.65	-0.37	-0.3	0.79	0.81	0.5	0.83	0.77	0.71	-0.11	0.41	0.07	0.56	-0.03	0.77
Net Receivables	0.01	0.02	0.03	-0.25	-0.36	-0.03	0.05	-0.18	0.13		0.14	-0.11	-0.4	-0.48	-0.03	0.0	0.37	0.03	0.2	0.68	-0.28	0.0	-0.33	0.5	0.08	0.33
Common Stock Shares Outstanding	0.96	0.98	0.96	-0.12	-0.65	0.94	0.71	-0.21	0.83	0.14		0.83	-0.36	-0.46	0.93	0.96	0.52	0.99	0.9	0.77	-0.07	0.32	-0.07	0.62	0.12	0.89
Short Term Investments	0.86	0.87	0.85	0.08	-0.45	0.84	0.58	-0.12	0.65	-0.11	0.83		-0.09	-0.27	0.86	0.89	0.3	0.88	0.73	0.53	0.07	0.25	0.01	0.42	-0.04	0.67
Non Current Liabilities Total	-0.11	-0.26	-0.13	0.59	0.86	-0.28	0.22	0.82	-0.37	-0.4	-0.36	-0.09		0.47	-0.04	-0.25	-0.88	-0.25	-0.13	-0.49	0.88	0.28	0.62	-0.34	-0.01	-0.37
Other Stockholder Equity	-0.32	-0.34	-0.32	-0.08	0.56	-0.26	-0.21	0.05	-0.3	-0.48	-0.46	-0.27	0.47		-0.29	-0.33	-0.41	-0.35	-0.48	-0.67	0.16	0.03	0.37	-0.58	0.1	-0.55
Total Liab	0.99	0.97	0.99	0.0	-0.36	0.94	0.82	0.07	0.79	-0.03	0.93	0.86	-0.04	-0.29		0.96	0.22	0.97	0.87	0.6	0.23	0.46	0.22	0.46	0.08	0.77
Total Current Assets	0.97	0.99	0.97	-0.16	-0.53	0.99	0.65	-0.16	0.81	0.0	0.96	0.89	-0.25	-0.33	0.96		0.4	0.98	0.79	0.63	0.0	0.29	0.03	0.46	0.06	0.74
Common Stock	0.3	0.42	0.32	-0.48	-0.89	0.4	0.0	-0.83	0.5	0.37	0.52	0.3	-0.88	-0.41	0.22	0.4		0.43	0.37	0.62	-0.86	-0.04	-0.58	0.62	-0.01	0.58
Other Current Liab	0.98	1.0	0.98	-0.11	-0.56	0.97	0.74	-0.15	0.83	0.03	0.99	0.88	-0.25	-0.35	0.97	0.98	0.43		0.88	0.68	0.01	0.38	0.04	0.55	0.08	0.84
Property Plant And Equipment Net	0.88	0.85	0.89	0.09	-0.5	0.75	0.86	0.02	0.77	0.2	0.9	0.73	-0.13	-0.48	0.87	0.79	0.37	0.88		0.79	0.15	0.58	0.08	0.75	0.03	0.96
Accounts Payable	0.65	0.66	0.66	-0.22	-0.7	0.58	0.54	-0.25	0.71	0.68	0.77	0.53	-0.49	-0.67	0.6	0.63	0.62	0.68	0.79		-0.22	0.24	-0.27	0.84	0.11	0.87
Intangible Assets	0.16	0.01	0.14	0.56	0.7	-0.03	0.48	0.92	-0.11	-0.28	-0.07	0.07	0.88	0.16	0.23	0.0	-0.86	0.01	0.15	-0.22		0.36	0.67	-0.22	0.06	-0.1
Short Long Term Debt Total	0.46	0.35	0.46	0.14	0.15	0.25	0.74	0.26	0.41	0.0	0.32	0.25	0.28	0.03	0.46	0.29	-0.04	0.38	0.58	0.24	0.36		0.7	0.4	-0.15	0.49
Short Term Debt	0.19	0.04	0.18	0.15	0.67	0.04	0.5	0.58	0.07	-0.33	-0.07	0.01	0.62	0.37	0.22	0.03	-0.58	0.04	0.08	-0.27	0.67	0.7		-0.19	0.06	-0.11
Net Tangible Assets	0.54	0.5	0.55	-0.01	-0.53	0.39	0.58	-0.22	0.56	0.5	0.62	0.42	-0.34	-0.58	0.46	0.46	0.62	0.55	0.75	0.84	-0.22	0.4	-0.19		0.19	0.82
Long Term Investments	0.14	0.07	0.15	0.07	0.1	0.1	0.28	-0.02	-0.03	0.08	0.12	-0.04	-0.01	0.1	0.08	0.06	-0.01	0.08	0.03	0.11	0.06	-0.15	0.06	0.19		0.01
Property Plant Equipment	0.8	0.8	0.81	-0.03	-0.68	0.7	0.73	-0.21	0.77	0.33	0.89	0.67	-0.37	-0.55	0.77	0.74	0.58	0.84	0.96	0.87	-0.1	0.49	-0.11	0.82	0.01

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Societe D Account Relationship Matchups

Societe D fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.9M	9.0M	9.1M	11.0M	31.7M	33.2M
Total Current Liabilities	118.2K	478.1K	841.9K	1.3M	5.6M	5.9M
Total Stockholder Equity	3.7M	8.5M	8.0M	9.6M	26.0M	27.3M
Net Debt	(917.3K)	(1.7M)	(1.1M)	(2.0M)	(1.8M)	(1.9M)
Retained Earnings	(30.3M)	(29.8M)	(32.2M)	(33.3M)	(33.9M)	(35.6M)
Cash	938K	1.7M	1.3M	2.2M	16.4M	17.2M
Non Current Assets Total	2.8M	6.0M	5.8M	6.3M	9.2M	9.6M
Cash And Short Term Investments	938K	2.4M	2.2M	4.4M	5.1M	5.3M
Net Receivables	57.3K	593.4K	575.7K	218.0K	186.0K	237.3K
Common Stock Shares Outstanding	47.4M	73.4M	78.7M	93.9M	233.4M	245.1M
Liabilities And Stockholders Equity	3.9M	9.0M	9.1M	11.0M	12.6M	13.3M
Non Current Liabilities Total	20.7K	32.0K	185.9K	106.1K	54.9K	52.2K
Total Liab	138.8K	510.1K	1.0M	1.4M	5.7M	5.9M
Total Current Assets	1.0M	3.1M	3.3M	4.6M	22.5M	23.6M
Other Current Liab	51.3K	478.1K	797.4K	1.2M	4.3M	4.5M
Property Plant And Equipment Net	1.5M	3.3M	5.8M	6.3M	8.2M	8.6M
Accounts Payable	155.5K	58.1K	478.1K	414.3K	476.4K	500.2K
Accumulated Other Comprehensive Income	501.7K	633.7K	693.2K	650.4K	747.9K	446.8K
Net Tangible Assets	3.4M	3.7M	8.5M	8.0M	9.2M	5.2M
Property Plant Equipment	1.5M	1.5M	3.3M	5.8M	6.7M	7.0M
Other Current Assets	19.9K	22.9K	861.3K	849.4K	764.4K	595.6K
Net Invested Capital	3.7M	8.6M	8.1M	9.7M	26.0M	27.3M
Net Working Capital	897.1K	2.6M	2.4M	3.4M	16.9M	17.7M

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