ACIW Stock | | | USD 55.72 0.99 1.81% |
ACI Worldwide financial indicator trend analysis is way more than just evaluating ACI Worldwide prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ACI Worldwide is a good investment. Please check the relationship between ACI Worldwide Other Current Liab and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in ACI Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy ACI Stock please use our
How to Invest in ACI Worldwide guide.
Other Current Liab vs Accounts Payable
Other Current Liab vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
ACI Worldwide Other Current Liab account and
Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between ACI Worldwide's Other Current Liab and Accounts Payable is 0.23. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of ACI Worldwide, assuming nothing else is changed. The correlation between historical values of ACI Worldwide's Other Current Liab 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 Other Current Liab of ACI Worldwide 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 Other Current Liab i.e., ACI Worldwide's Other Current Liab and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Liab
Accounts Payable
An accounting item on the balance sheet that represents ACI Worldwide 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 ACI Worldwide 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 ACI Worldwide's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ACI Worldwide 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 ACI Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy ACI Stock please use our
How to Invest in ACI Worldwide guide.At this time, ACI Worldwide's
Tax Provision is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 18.18 in 2024, whereas
Issuance Of Capital Stock is likely to drop slightly above 2.7
M in 2024.
ACI Worldwide fundamental ratios Correlations
Click cells to compare fundamentals
ACI Worldwide Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ACI Worldwide fundamental ratios Accounts
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Additional Tools for ACI Stock Analysis
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measure ACI Worldwide'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 ACI Worldwide is operating at the current time. Most of ACI Worldwide's value examination focuses on studying past and present price action to
predict the probability of ACI Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ACI Worldwide's price. Additionally, you may evaluate how the addition of ACI Worldwide to your portfolios can decrease your overall portfolio volatility.