California Other Current Assets vs Net Receivables Analysis

CALSOFT Stock

19.10 0.55 2.96%

California Software financial indicator trend analysis is way more than just evaluating California Software prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether California Software is a good investment. Please check the relationship between California Software Other Current Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of California Software Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between California Software's Other Current Assets and Net Receivables is -0.46. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of California Software, assuming nothing else is changed. The correlation between historical values of California Software's Other Current Assets 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 Other Current Assets of California Software 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 Other Current Assets i.e., California Software's Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

Most indicators from California Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into California Software 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 California Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Tax Provision is likely to gain to about 3.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.4 M in 2024.

California Software fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Current Deferred Revenue	Short Term Debt	Short Term Investments	Net Tangible Assets
Total Assets		0.79	0.92	0.82	0.76	0.93	0.34	0.37	0.83	0.94	0.95	0.52	0.94	0.9	-0.42	0.95	-0.09	-0.43	0.14	0.92	0.94	-0.37	0.0	0.14	-0.71	-0.14
Short Long Term Debt Total	0.79		0.81	0.91	0.25	0.89	0.82	0.01	0.6	0.68	0.9	0.75	0.68	0.58	-0.58	0.88	-0.36	-0.61	0.3	0.94	0.6	-0.64	-0.25	0.66	-0.87	-0.64
Other Current Liab	0.92	0.81		0.78	0.62	0.92	0.43	0.3	0.65	0.85	0.94	0.75	0.85	0.73	-0.42	0.93	-0.02	-0.36	0.16	0.89	0.8	-0.4	-0.06	0.16	-0.74	-0.18
Total Current Liabilities	0.82	0.91	0.78		0.28	0.82	0.73	0.07	0.82	0.64	0.83	0.65	0.64	0.76	-0.48	0.82	-0.2	-0.68	0.21	0.96	0.71	-0.54	-0.07	0.55	-0.76	-0.52
Total Stockholder Equity	0.76	0.25	0.62	0.28		0.56	-0.32	0.63	0.57	0.85	0.59	0.04	0.85	0.76	-0.08	0.6	0.13	-0.02	-0.11	0.44	0.85	0.07	0.22	-0.4	-0.23	0.39
Property Plant And Equipment Net	0.93	0.89	0.92	0.82	0.56		0.57	0.22	0.7	0.81	0.99	0.64	0.81	0.72	-0.49	0.99	-0.19	-0.4	0.23	0.94	0.77	-0.48	-0.14	0.28	-0.87	-0.26
Net Debt	0.34	0.82	0.43	0.73	-0.32	0.57		-0.31	0.28	0.14	0.54	0.67	0.14	0.16	-0.46	0.53	-0.39	-0.56	0.29	0.67	0.11	-0.61	-0.26	0.83	-0.76	-0.76
Retained Earnings	0.37	0.01	0.3	0.07	0.63	0.22	-0.31		0.29	0.42	0.23	-0.18	0.42	0.49	0.49	0.2	-0.01	0.24	-0.65	0.15	0.51	0.46	0.53	-0.27	-0.1	0.48
Accounts Payable	0.83	0.6	0.65	0.82	0.57	0.7	0.28	0.29		0.69	0.7	0.29	0.69	0.92	-0.33	0.71	0.01	-0.47	0.13	0.81	0.87	-0.3	0.08	0.1	-0.53	-0.11
Cash	0.94	0.68	0.85	0.64	0.85	0.81	0.14	0.42	0.69		0.86	0.44	1.0	0.81	-0.42	0.85	-0.12	-0.34	0.15	0.77	0.91	-0.31	-0.09	0.07	-0.54	-0.13
Non Current Assets Total	0.95	0.9	0.94	0.83	0.59	0.99	0.54	0.23	0.7	0.86		0.67	0.86	0.74	-0.52	0.99	-0.21	-0.44	0.25	0.95	0.8	-0.48	-0.17	0.28	-0.85	-0.3
Non Currrent Assets Other	0.52	0.75	0.75	0.65	0.04	0.64	0.67	-0.18	0.29	0.44	0.67		0.44	0.27	-0.53	0.66	-0.22	-0.52	0.39	0.69	0.3	-0.48	-0.34	0.43	-0.68	-0.52
Cash And Short Term Investments	0.94	0.68	0.85	0.64	0.85	0.81	0.14	0.42	0.69	1.0	0.86	0.44		0.81	-0.42	0.85	-0.12	-0.34	0.15	0.77	0.91	-0.31	-0.09	0.07	-0.53	-0.12
Net Receivables	0.9	0.58	0.73	0.76	0.76	0.72	0.16	0.49	0.92	0.81	0.74	0.27	0.81		-0.19	0.74	0.05	-0.46	-0.08	0.79	0.97	-0.15	0.31	0.01	-0.5	0.05
Common Stock Shares Outstanding	-0.42	-0.58	-0.42	-0.48	-0.08	-0.49	-0.46	0.49	-0.33	-0.42	-0.52	-0.53	-0.42	-0.19		-0.51	0.25	0.42	-0.85	-0.52	-0.26	0.87	0.7	-0.4	0.49	0.62
Non Current Liabilities Total	0.95	0.88	0.93	0.82	0.6	0.99	0.53	0.2	0.71	0.85	0.99	0.66	0.85	0.74	-0.51		-0.15	-0.42	0.24	0.94	0.8	-0.49	-0.14	0.23	-0.83	-0.25
Inventory	-0.09	-0.36	-0.02	-0.2	0.13	-0.19	-0.39	-0.01	0.01	-0.12	-0.21	-0.22	-0.12	0.05	0.25	-0.15		0.48	-0.03	-0.19	0.04	0.08	0.38	-0.55	0.3	0.56
Other Current Assets	-0.43	-0.61	-0.36	-0.68	-0.02	-0.4	-0.56	0.24	-0.47	-0.34	-0.44	-0.52	-0.34	-0.46	0.42	-0.42	0.48		-0.17	-0.58	-0.37	0.25	0.01	-0.56	0.41	0.57
Other Stockholder Equity	0.14	0.3	0.16	0.21	-0.11	0.23	0.29	-0.65	0.13	0.15	0.25	0.39	0.15	-0.08	-0.85	0.24	-0.03	-0.17		0.24	-0.02	-0.69	-0.78	0.24	-0.34	-0.51
Total Liab	0.92	0.94	0.89	0.96	0.44	0.94	0.67	0.15	0.81	0.77	0.95	0.69	0.77	0.79	-0.52	0.94	-0.19	-0.58	0.24		0.79	-0.54	-0.12	0.43	-0.84	-0.42
Total Current Assets	0.94	0.6	0.8	0.71	0.85	0.77	0.11	0.51	0.87	0.91	0.8	0.3	0.91	0.97	-0.26	0.8	0.04	-0.37	-0.02	0.79		-0.21	0.21	-0.02	-0.5	0.05
Common Stock	-0.37	-0.64	-0.4	-0.54	0.07	-0.48	-0.61	0.46	-0.3	-0.31	-0.48	-0.48	-0.31	-0.15	0.87	-0.49	0.08	0.25	-0.69	-0.54	-0.21		0.61	-0.54	0.48	0.67
Current Deferred Revenue	0.0	-0.25	-0.06	-0.07	0.22	-0.14	-0.26	0.53	0.08	-0.09	-0.17	-0.34	-0.09	0.31	0.7	-0.14	0.38	0.01	-0.78	-0.12	0.21	0.61		-0.29	0.19	0.61
Short Term Debt	0.14	0.66	0.16	0.55	-0.4	0.28	0.83	-0.27	0.1	0.07	0.28	0.43	0.07	0.01	-0.4	0.23	-0.55	-0.56	0.24	0.43	-0.02	-0.54	-0.29		-0.5	-0.91
Short Term Investments	-0.71	-0.87	-0.74	-0.76	-0.23	-0.87	-0.76	-0.1	-0.53	-0.54	-0.85	-0.68	-0.53	-0.5	0.49	-0.83	0.3	0.41	-0.34	-0.84	-0.5	0.48	0.19	-0.5		0.41
Net Tangible Assets	-0.14	-0.64	-0.18	-0.52	0.39	-0.26	-0.76	0.48	-0.11	-0.13	-0.3	-0.52	-0.12	0.05	0.62	-0.25	0.56	0.57	-0.51	-0.42	0.05	0.67	0.61	-0.91	0.41

Click cells to compare fundamentals

California Software Account Relationship Matchups

California Software fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	82.4M	151.3M	231.0M	250.7M	219.0M	208.0M
Short Long Term Debt Total	11.7M	17.0M	49.0M	63.7M	83.1M	79.0M
Other Current Liab	1.3M	4.2M	64.9M	8.1M	9.7M	9.2M
Total Current Liabilities	16.3M	81.4M	117.4M	134.9M	96.9M	92.1M
Total Stockholder Equity	66.1M	64.0M	113.6M	115.8M	122.1M	179.3M
Net Debt	11.2M	16.8M	48.6M	63.2M	82.6M	78.5M
Retained Earnings	(1.1B)	82.1M	46.6M	(1.0B)	28.3M	29.7M
Accounts Payable	2.4M	60.2M	3.4M	3.5M	4.1M	3.9M
Cash	509.6K	206.8K	395K	425K	504K	478.8K
Cash And Short Term Investments	509.6K	206.8K	1.5M	2.0M	504K	478.8K
Net Receivables	(33.1M)	36.1M	144.6M	171.4M	150.4M	236.0M
Liabilities And Stockholders Equity	82.4M	151.3M	231.0M	250.7M	219.0M	208.0M
Inventory	57.4M	1.5M	35.7M	34.9M	40.2M	21.2M
Other Current Assets	57.3M	58.3M	41.3M	7.6M	42.6M	29.0M
Other Stockholder Equity	964.3M	(4.3M)	(45.2M)	(154.6M)	(32.5M)	(30.9M)
Total Liab	16.3M	87.3M	117.4M	134.9M	96.9M	92.1M
Total Current Assets	82.3M	96.3M	186.4M	214.5M	189.6M	337.0M
Short Term Debt	10.9M	17.0M	49.0M	4.1M	83.1M	108.6M
Net Tangible Assets	66.1M	64.0M	113.6M	111.6M	128.4M	134.8M
Other Assets	(1K)	0.0	400K	918K	1.0	0.95
Short Long Term Debt	11.7M	17.0M	49.0M	63.7M	83.1M	117.0M
Non Current Liabilities Other	(100K)	(1.0)	5.6M	(20.0M)	(18.0M)	(17.1M)
Cash And Equivalents	298.8K	612.8K	310.0K	395K	454.3K	423.3K
Net Invested Capital	77.8M	85.1M	162.6M	179.5M	205.2M	132.8M
Net Working Capital	66.0M	13.5M	69.0M	79.6M	92.7M	61.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

TITAN	Titan Company Limited
U	Unity Software
PAYC	Paycom Soft

Additional Tools for California Stock Analysis

When running California Software's price analysis, check to measure California Software'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 California Software is operating at the current time. Most of California Software's value examination focuses on studying past and present price action to predict the probability of California Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Software's price. Additionally, you may evaluate how the addition of California Software to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

California Other Current Assets vs Net Receivables Analysis

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Other Current Assets

Net Receivables

California Software fundamental ratios Correlations

California Software Account Relationship Matchups

High Positive Relationship

High Negative Relationship

California Software fundamental ratios Accounts

Also Currently Popular

Additional Tools for California Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Non Current Assets Total
Total Current Assets	+ 0.97	Net Receivables
Total Liab	+ 0.96	Total Current Liabilities

Net Tangible Assets	- 0.91	Short Term Debt
Short Term Investments	- 0.87	Property Plant And Equipment Net
Short Term Investments	- 0.87	Short Long Term Debt Total
Other Stockholder Equity	- 0.85	Common Stock Shares Outstanding
Short Term Investments	- 0.85	Non Current Assets Total
Short Term Investments	- 0.84	Total Liab