Yankershop Net Receivables vs Accounts Payable Analysis

002847 Stock   50.75  0.15  0.29%   
Yankershop Food financial indicator trend analysis is more than just analyzing Yankershop Food current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yankershop Food is a good investment. Please check the relationship between Yankershop Food Net Receivables and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yankershop Food Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yankershop Food Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Yankershop Food's Net Receivables and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Yankershop Food Co, assuming nothing else is changed. The correlation between historical values of Yankershop Food's Net Receivables and Accounts Payable 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 Yankershop Food Co are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Receivables i.e., Yankershop Food's Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.87
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Yankershop Food 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 Yankershop Food 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.
Most indicators from Yankershop Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yankershop Food 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Yankershop Food Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
The current year's Selling General Administrative is expected to grow to about 68.9 M. The current year's Tax Provision is expected to grow to about 63.7 M
 2021 2022 2023 2024 (projected)
Interest Expense24.4M13.1M19.6M10.5M
Depreciation And Amortization162.1M173.7M167.8M176.2M

Yankershop Food fundamental ratios Correlations

0.860.290.990.990.90.880.780.970.890.940.90.89-0.020.940.990.80.560.970.690.780.90.990.870.90.84
0.860.390.880.790.960.690.970.770.890.730.960.61-0.030.730.830.790.740.760.790.730.980.80.980.950.73
0.290.390.240.290.39-0.190.40.20.430.160.370.120.050.160.260.710.610.260.850.430.370.280.30.420.24
0.990.880.240.970.910.90.820.960.890.920.910.870.00.920.990.760.540.940.660.750.910.960.90.90.81
0.990.790.290.970.870.860.690.970.880.960.870.91-0.020.960.980.790.510.980.660.790.850.990.810.860.86
0.90.960.390.910.870.730.890.810.970.771.00.660.030.770.880.860.630.810.770.860.990.840.970.990.88
0.880.69-0.190.90.860.730.620.90.690.870.740.87-0.070.870.890.450.270.860.280.530.740.860.750.710.71
0.780.970.40.820.690.890.620.670.80.590.890.48-0.010.590.750.750.770.650.780.630.920.690.940.890.6
0.970.770.20.960.970.810.90.670.80.970.810.96-0.130.970.970.680.490.990.60.650.820.990.790.80.78
0.890.890.430.890.880.970.690.80.80.770.970.670.190.770.870.860.530.820.760.920.950.850.920.960.91
0.940.730.160.920.960.770.870.590.970.770.760.94-0.131.00.940.640.460.980.560.660.770.980.740.740.76
0.90.960.370.910.871.00.740.890.810.970.760.670.050.760.880.850.610.810.750.850.990.840.980.990.88
0.890.610.120.870.910.660.870.480.960.670.940.67-0.180.940.910.540.320.940.450.50.670.930.640.650.7
-0.02-0.030.050.0-0.020.03-0.07-0.01-0.130.19-0.130.05-0.18-0.130.00.1-0.16-0.040.00.270.03-0.040.020.070.1
0.940.730.160.920.960.770.870.590.970.771.00.760.94-0.130.940.640.460.980.560.660.770.980.740.740.76
0.990.830.260.990.980.880.890.750.970.870.940.880.910.00.940.760.50.970.650.750.880.980.860.880.82
0.80.790.710.760.790.860.450.750.680.860.640.850.540.10.640.760.730.730.90.870.820.750.760.880.79
0.560.740.610.540.510.630.270.770.490.530.460.610.32-0.160.460.50.730.530.840.450.650.540.620.620.4
0.970.760.260.940.980.810.860.650.990.820.980.810.94-0.040.980.970.730.530.630.710.811.00.760.80.81
0.690.790.850.660.660.770.280.780.60.760.560.750.450.00.560.650.90.840.630.680.760.660.720.770.55
0.780.730.430.750.790.860.530.630.650.920.660.850.50.270.660.750.870.450.710.680.80.730.750.860.89
0.90.980.370.910.850.990.740.920.820.950.770.990.670.030.770.880.820.650.810.760.80.840.990.980.84
0.990.80.280.960.990.840.860.690.990.850.980.840.93-0.040.980.980.750.541.00.660.730.840.810.830.81
0.870.980.30.90.810.970.750.940.790.920.740.980.640.020.740.860.760.620.760.720.750.990.810.960.78
0.90.950.420.90.860.990.710.890.80.960.740.990.650.070.740.880.880.620.80.770.860.980.830.960.87
0.840.730.240.810.860.880.710.60.780.910.760.880.70.10.760.820.790.40.810.550.890.840.810.780.87
Click cells to compare fundamentals

Yankershop Food Account Relationship Matchups

Yankershop Food fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B2.0B2.1B2.5B2.9B3.0B
Short Long Term Debt Total348.5M602.5M533.1M633.3M545.3M304.9M
Other Current Liab68.0M9.7M12.5M272.0M13.0M12.4M
Total Current Liabilities861.7M1.0B1.2B1.1B1.4B1.4B
Total Stockholder Equity773.4M858.9M873.1M1.1B1.4B1.5B
Property Plant And Equipment Net748.2M969.0M1.1B1.1B1.2B643.2M
Current Deferred Revenue188.2M317.6M397.0M110.1M515.4M541.2M
Net Debt226.5M422.2M398.6M430.4M234.8M179.9M
Retained Earnings300.1M460.5M469.3M640.3M919.4M965.4M
Accounts Payable257.0M210.4M241.6M276.9M320.3M180.4M
Cash122.0M180.4M134.5M202.9M310.4M325.9M
Non Current Assets Total999.8M1.2B1.4B1.4B1.6B821.7M
Non Currrent Assets Other17.3M20.1M41.3M64.4M120.0M126.0M
Cash And Short Term Investments122.0M180.4M134.5M202.9M310.4M325.9M
Net Receivables216.9M218.5M267.3M298.4M371.9M390.5M
Common Stock Shares Outstanding190.2M191.9M190.0M284.4M193.8M185.5M
Liabilities And Stockholders Equity1.7B2.0B2.1B2.5B2.9B3.0B
Non Current Liabilities Total18.9M145.9M17.5M164.4M32.0M43.6M
Inventory291.5M351.8M259.1M453.4M594.5M624.2M
Other Current Assets29.9M37.6M23.9M98.1M27.4M25.0M
Other Stockholder Equity344.9M269.0M274.4M304.8M331.5M223.3M
Total Liab880.6M1.2B1.2B1.3B1.4B725.1M
Total Current Assets660.3M788.4M684.8M1.1B1.3B1.4B
Short Term Debt348.5M472.4M529.6M483.2M527.5M277.2M
Intangible Assets138.2M157.2M195.4M200.2M198.5M113.6M
Other Liab18.0M18.9M15.8M14.1M12.6M14.2M
Net Tangible Assets635.1M701.6M677.6M843.1M969.5M657.0M
Short Long Term Debt348.5M472.4M528.4M471.6M300.2M341.9M
Property Plant Equipment590.2M748.2M969.0M1.1B1.2B750.8M
Net Invested Capital1.1B1.5B1.4B1.7B1.7B1.4B
Net Working Capital(201.4M)(221.7M)(495.9M)(89.3M)(72.0M)(75.6M)

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Other Information on Investing in Yankershop Stock

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