Apax Accounts Payable vs Net Receivables Analysis

APAX Stock

141.20 0.60 0.42%

Apax Global financial indicator trend analysis is way more than just evaluating Apax Global Alpha prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apax Global Alpha is a good investment. Please check the relationship between Apax Global Accounts Payable and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apax Global Alpha. 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 Apax Global Alpha Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Apax Global's Accounts Payable and Net Receivables is -0.26. 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 Apax Global Alpha, assuming nothing else is changed. The correlation between historical values of Apax Global'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 Apax Global Alpha 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., Apax Global's Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.26

Relationship Direction	Negative
Relationship Strength	Insignificant

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Accounts Payable

An accounting item on the balance sheet that represents Apax Global 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 Apax Global Alpha 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 Apax Global's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Apax Global Alpha 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 Apax Global Alpha. 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.

Selling General Administrative is likely to gain to about 13.9 M in 2024. Tax Provision is likely to gain to about 250.6 K in 2024

Apax Global fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Liab	Net Tangible Assets	Inventory	Other Current Assets	Long Term Investments	Other Assets
Total Assets		-0.67	0.15	-0.22	0.9	-0.85	0.96	-0.24	0.75	0.99	-0.97	0.75	0.38	0.75	0.66	-0.77	0.11	-0.74	0.78	0.76	-0.8	0.92	0.55	-0.55	0.94	0.93
Short Long Term Debt Total	-0.67		-0.25	0.31	-0.72	0.81	-0.64	0.29	-0.38	-0.69	0.77	-0.38	-0.16	-0.72	-0.88	0.79	-0.47	0.74	-0.4	-0.74	0.76	-0.58	-0.09	0.23	-0.56	-0.61
Other Current Liab	0.15	-0.25		-0.98	0.4	-0.35	0.05	-0.9	-0.27	0.21	-0.19	-0.27	0.21	0.48	0.33	-0.5	0.69	-0.5	-0.19	0.48	-0.15	0.0	0.11	0.27	0.01	-0.03
Total Current Liabilities	-0.22	0.31	-0.98		-0.41	0.37	-0.15	0.94	0.22	-0.27	0.28	0.22	-0.25	-0.46	-0.4	0.51	-0.65	0.5	0.14	-0.47	0.19	-0.08	-0.13	-0.27	-0.11	-0.06
Total Stockholder Equity	0.9	-0.72	0.4	-0.41		-0.97	0.78	-0.39	0.54	0.92	-0.89	0.54	0.18	0.96	0.78	-0.96	0.47	-0.95	0.54	0.96	-0.82	0.71	0.54	-0.44	0.72	0.71
Net Debt	-0.85	0.81	-0.35	0.37	-0.97		-0.75	0.34	-0.55	-0.87	0.87	-0.55	-0.13	-0.96	-0.87	0.97	-0.51	0.97	-0.53	-0.96	0.82	-0.65	-0.5	0.46	-0.66	-0.67
Retained Earnings	0.96	-0.64	0.05	-0.15	0.78	-0.75		-0.18	0.77	0.94	-0.96	0.77	0.37	0.59	0.65	-0.63	-0.04	-0.61	0.79	0.61	-0.77	0.95	0.45	-0.57	0.99	0.97
Accounts Payable	-0.24	0.29	-0.9	0.94	-0.39	0.34	-0.18		0.17	-0.29	0.29	0.17	-0.26	-0.42	-0.36	0.46	-0.67	0.45	0.08	-0.42	0.11	-0.13	-0.11	-0.33	-0.16	-0.1
Cash	0.75	-0.38	-0.27	0.22	0.54	-0.55	0.77	0.17		0.67	-0.65	1.0	0.32	0.37	0.3	-0.35	-0.28	-0.34	0.98	0.38	-0.5	0.82	0.58	-0.61	0.73	0.81
Non Current Assets Total	0.99	-0.69	0.21	-0.27	0.92	-0.87	0.94	-0.29	0.67		-0.98	0.67	0.34	0.79	0.7	-0.81	0.19	-0.78	0.69	0.8	-0.82	0.9	0.51	-0.52	0.93	0.9
Non Currrent Assets Other	-0.97	0.77	-0.19	0.28	-0.89	0.87	-0.96	0.29	-0.65	-0.98		-0.65	-0.3	-0.76	-0.79	0.81	-0.19	0.78	-0.67	-0.77	0.85	-0.88	-0.44	0.53	-0.93	-0.9
Cash And Short Term Investments	0.75	-0.38	-0.27	0.22	0.54	-0.55	0.77	0.17	1.0	0.67	-0.65		0.32	0.37	0.3	-0.35	-0.28	-0.34	0.98	0.38	-0.5	0.82	0.58	-0.61	0.73	0.81
Net Receivables	0.38	-0.16	0.21	-0.25	0.18	-0.13	0.37	-0.26	0.32	0.34	-0.3	0.32		0.05	-0.02	-0.09	-0.27	-0.02	0.51	0.04	-0.04	0.36	0.38	-0.01	0.38	0.32
Common Stock Total Equity	0.75	-0.72	0.48	-0.46	0.96	-0.96	0.59	-0.42	0.37	0.79	-0.76	0.37	0.05		0.77	-0.98	0.65	-0.98	0.35	1.0	-0.76	0.53	0.46	-0.31	0.52	0.53
Common Stock Shares Outstanding	0.66	-0.88	0.33	-0.4	0.78	-0.87	0.65	-0.36	0.3	0.7	-0.79	0.3	-0.02	0.77		-0.86	0.53	-0.85	0.29	0.8	-0.77	0.5	0.19	-0.34	0.56	0.55
Non Current Liabilities Total	-0.77	0.79	-0.5	0.51	-0.96	0.97	-0.63	0.46	-0.35	-0.81	0.81	-0.35	-0.09	-0.98	-0.86		-0.65	0.99	-0.34	-0.99	0.78	-0.53	-0.43	0.33	-0.56	-0.55
Other Stockholder Equity	0.11	-0.47	0.69	-0.65	0.47	-0.51	-0.04	-0.67	-0.28	0.19	-0.19	-0.28	-0.27	0.65	0.53	-0.65		-0.66	-0.31	0.65	-0.31	-0.1	-0.06	0.23	-0.11	-0.09
Total Liab	-0.74	0.74	-0.5	0.5	-0.95	0.97	-0.61	0.45	-0.34	-0.78	0.78	-0.34	-0.02	-0.98	-0.85	0.99	-0.66		-0.32	-0.99	0.77	-0.5	-0.44	0.33	-0.53	-0.52
Total Current Assets	0.78	-0.4	-0.19	0.14	0.54	-0.53	0.79	0.08	0.98	0.69	-0.67	0.98	0.51	0.35	0.29	-0.34	-0.31	-0.32		0.35	-0.48	0.83	0.6	-0.56	0.76	0.82
Common Stock	0.76	-0.74	0.48	-0.47	0.96	-0.96	0.61	-0.42	0.38	0.8	-0.77	0.38	0.04	1.0	0.8	-0.99	0.65	-0.99	0.35		-0.77	0.54	0.44	-0.31	0.53	0.54
Other Liab	-0.8	0.76	-0.15	0.19	-0.82	0.82	-0.77	0.11	-0.5	-0.82	0.85	-0.5	-0.04	-0.76	-0.77	0.78	-0.31	0.77	-0.48	-0.77		-0.72	-0.23	0.5	-0.73	-0.75
Net Tangible Assets	0.92	-0.58	0.0	-0.08	0.71	-0.65	0.95	-0.13	0.82	0.9	-0.88	0.82	0.36	0.53	0.5	-0.53	-0.1	-0.5	0.83	0.54	-0.72		0.37	-0.45	0.96	1.0
Inventory	0.55	-0.09	0.11	-0.13	0.54	-0.5	0.45	-0.11	0.58	0.51	-0.44	0.58	0.38	0.46	0.19	-0.43	-0.06	-0.44	0.6	0.44	-0.23	0.37		-0.49	0.41	0.35
Other Current Assets	-0.55	0.23	0.27	-0.27	-0.44	0.46	-0.57	-0.33	-0.61	-0.52	0.53	-0.61	-0.01	-0.31	-0.34	0.33	0.23	0.33	-0.56	-0.31	0.5	-0.45	-0.49		-0.54	-0.48
Long Term Investments	0.94	-0.56	0.01	-0.11	0.72	-0.66	0.99	-0.16	0.73	0.93	-0.93	0.73	0.38	0.52	0.56	-0.56	-0.11	-0.53	0.76	0.53	-0.73	0.96	0.41	-0.54		0.96
Other Assets	0.93	-0.61	-0.03	-0.06	0.71	-0.67	0.97	-0.1	0.81	0.9	-0.9	0.81	0.32	0.53	0.55	-0.55	-0.09	-0.52	0.82	0.54	-0.75	1.0	0.35	-0.48	0.96

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Apax Global Account Relationship Matchups

Apax Global fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.1B	1.2B	1.5B	1.3B	1.3B	1.2B
Other Current Liab	(13.4M)	(31.0M)	(67K)	(4.0M)	(10.8M)	(11.3M)
Total Current Liabilities	13.4M	31.0M	67K	4.0M	11.3M	7.7M
Total Stockholder Equity	1.1B	1.2B	1.5B	1.3B	1.3B	928.7M
Net Debt	(3.3M)	(124.6M)	(108.5M)	(68.0M)	(101.4M)	(96.3M)
Retained Earnings	218.3M	327.4M	607.9M	425.6M	413.8M	434.5M
Cash	3.3M	124.6M	108.5M	68.0M	101.4M	52.6M
Non Current Assets Total	1.1B	1.1B	1.3B	1.2B	1.2B	1.1B
Non Currrent Assets Other	(1.1B)	(1.1B)	(1.3B)	(1.2B)	(1.2B)	(1.3B)
Cash And Short Term Investments	3.3M	124.6M	108.5M	68.0M	101.4M	52.6M
Net Receivables	2.3M	1.3M	33.6M	1.7M	2.5M	2.4M
Liabilities And Stockholders Equity	1.1B	1.2B	1.5B	1.3B	1.3B	1.2B
Total Liab	13.4M	31.0M	67K	11.9M	13.0M	12.3M
Total Current Assets	5.5M	125.9M	143.4M	70.1M	106.1M	60.3M
Net Tangible Assets	1.1B	1.2B	1.5B	1.3B	1.5B	1.2B
Inventory	(2.0M)	(1.5M)	(2.1M)	(429K)	(2.2M)	(2.3M)
Other Current Assets	2.1M	0.0	1.3M	429K	2.2M	1.3M
Long Term Investments	1.1B	1.1B	1.3B	1.2B	1.2B	1.2B
Accumulated Other Comprehensive Income	0.0	6.9M	8.4M	6.6M	5.9M	7.3M
Other Assets	1.1B	1.2B	1.5B	1.3B	1.5B	1.3B

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Apax Accounts Payable vs Net Receivables Analysis

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Receivables

Apax Global fundamental ratios Correlations

Apax Global Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Apax Global fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Other Assets	+ 1.0	Net Tangible Assets
Non Current Assets Total	+ 0.99	Total Assets
Long Term Investments	+ 0.99	Retained Earnings
Total Liab	+ 0.99	Non Current Liabilities Total

Common Stock	- 0.99	Total Liab
Common Stock	- 0.99	Non Current Liabilities Total
Total Liab	- 0.98	Common Stock Total Equity
Non Current Liabilities Total	- 0.98	Common Stock Total Equity
Non Currrent Assets Other	- 0.98	Non Current Assets Total
Total Current Liabilities	- 0.98	Other Current Liab