Colliers Payables Turnover vs Book Value Per Share Analysis

CIGI Stock  CAD 214.65  1.11  0.52%   
Colliers International financial indicator trend analysis is way more than just evaluating Colliers International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Colliers International is a good investment. Please check the relationship between Colliers International Payables Turnover and its Book Value Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colliers International Group. 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.

Payables Turnover vs Book Value Per Share

Payables Turnover vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Colliers International Payables Turnover account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Colliers International's Payables Turnover and Book Value Per Share is -0.27. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Colliers International Group, assuming nothing else is changed. The correlation between historical values of Colliers International's Payables Turnover and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Colliers International Group are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Payables Turnover i.e., Colliers International's Payables Turnover and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.27
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Colliers International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Colliers International 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 Colliers International Group. 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, Colliers International's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.30, while Discontinued Operations is likely to drop about 943.9 K.
 2021 2022 2023 2024 (projected)
Interest Expense31.8M48.6M94.1M98.8M
Depreciation And Amortization145.1M177.4M202.5M212.7M

Colliers International fundamental ratios Correlations

0.990.840.960.950.970.980.980.450.990.750.680.930.570.940.770.850.550.970.950.950.71-0.560.980.770.94
0.990.770.920.920.971.00.960.390.990.710.630.890.50.960.780.830.550.970.950.910.73-0.560.990.70.92
0.840.770.920.790.790.720.820.770.790.630.880.880.80.790.450.810.430.850.70.920.52-0.520.750.820.82
0.960.920.920.940.940.890.950.650.930.70.830.920.680.890.650.870.570.950.880.980.76-0.520.90.80.91
0.950.920.790.940.940.90.930.420.930.810.680.90.570.810.810.820.520.870.950.930.78-0.380.90.770.9
0.970.970.790.940.940.950.940.460.960.790.690.830.490.920.740.850.510.950.960.920.79-0.460.930.710.9
0.981.00.720.890.90.950.950.30.990.720.550.870.460.950.790.790.550.950.950.870.7-0.530.990.670.89
0.980.960.820.950.930.940.950.440.970.750.670.930.570.930.730.810.520.960.920.930.66-0.550.970.780.94
0.450.390.770.650.420.460.30.440.370.180.910.480.620.460.060.630.320.530.320.670.43-0.390.330.460.47
0.990.990.790.930.930.960.990.970.370.770.610.910.530.950.770.810.550.960.950.90.69-0.530.990.740.92
0.750.710.630.70.810.790.720.750.180.770.40.70.410.610.640.610.310.650.790.640.47-0.190.710.660.71
0.680.630.880.830.680.690.550.670.910.610.40.690.60.620.420.850.380.70.610.870.62-0.550.560.610.73
0.930.890.880.920.90.830.870.930.480.910.70.690.730.840.680.750.550.890.830.910.56-0.560.90.820.9
0.570.50.80.680.570.490.460.570.620.530.410.60.730.520.20.430.520.590.410.660.3-0.360.50.780.56
0.940.960.790.890.810.920.950.930.460.950.610.620.840.520.580.750.50.990.830.860.62-0.560.960.680.84
0.770.780.450.650.810.740.790.730.060.770.640.420.680.20.580.750.420.620.90.70.61-0.550.750.50.81
0.850.830.810.870.820.850.790.810.630.810.610.850.750.430.750.750.40.810.860.920.69-0.630.770.630.88
0.550.550.430.570.520.510.550.520.320.550.310.380.550.520.50.420.40.540.50.510.63-0.410.540.240.44
0.970.970.850.950.870.950.950.960.530.960.650.70.890.590.990.620.810.540.870.920.68-0.560.960.730.89
0.950.950.70.880.950.960.950.920.320.950.790.610.830.410.830.90.860.50.870.890.77-0.510.920.680.92
0.950.910.920.980.930.920.870.930.670.90.640.870.910.660.860.70.920.510.920.890.74-0.580.880.790.93
0.710.730.520.760.780.790.70.660.430.690.470.620.560.30.620.610.690.630.680.770.74-0.20.650.40.61
-0.56-0.56-0.52-0.52-0.38-0.46-0.53-0.55-0.39-0.53-0.19-0.55-0.56-0.36-0.56-0.55-0.63-0.41-0.56-0.51-0.58-0.2-0.54-0.43-0.71
0.980.990.750.90.90.930.990.970.330.990.710.560.90.50.960.750.770.540.960.920.880.65-0.540.710.9
0.770.70.820.80.770.710.670.780.460.740.660.610.820.780.680.50.630.240.730.680.790.4-0.430.710.83
0.940.920.820.910.90.90.890.940.470.920.710.730.90.560.840.810.880.440.890.920.930.61-0.710.90.83
Click cells to compare fundamentals

Colliers International Account Relationship Matchups

Colliers International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B3.3B3.9B5.1B5.5B5.8B
Short Long Term Debt Total910.5M1.3B1.3B2.1B2.1B2.2B
Other Current Liab572.5M477.8M842.3M695.5M639.0M670.9M
Total Current Liabilities924.3M1.1B1.5B1.3B1.4B1.5B
Total Stockholder Equity517.3M586.1M585.3M493.4M848.0M890.4M
Property Plant And Equipment Net370.8M417.4M461.3M506.1M593.4M623.1M
Net Debt795.5M1.1B900.0M1.9B2.0B2.1B
Accounts Payable261.9M297.8M391.2M503.2M525.2M551.5M
Cash115.0M156.6M396.7M173.7M181.1M93.3M
Non Current Assets Total2.2B2.3B2.3B3.9B4.0B4.2B
Non Currrent Assets Other324.0M74.3M120.7M114.2M243.2M255.4M
Cash And Short Term Investments115.0M156.6M396.7M173.7M218.9M229.8M
Net Receivables465.6M433.3M573.7M669.8M726.8M763.1M
Common Stock Shares Outstanding40.0M40.2M42.9M43.9M46.3M33.4M
Liabilities And Stockholders Equity2.9B3.3B3.9B5.1B5.5B5.8B
Non Current Liabilities Total1.1B1.6B1.8B3.3B2.1B2.2B
Inventory10.7M20.9M29.8M45.4M278.0M291.9M
Other Current Assets153.7M163.7M567.5M300.6M528.6M555.1M
Other Stockholder Equity60.7M67.0M79.4M104.5M123.4M74.9M
Total Liab2.0B2.7B3.3B4.6B3.6B3.7B
Property Plant And Equipment Gross370.8M417.4M461.3M506.1M922.5M968.6M
Total Current Assets718.1M1.0B1.5B1.2B1.5B1.5B
Accumulated Other Comprehensive Income(67.2M)(62.0M)(70.3M)(76.3M)(69.6M)(66.1M)
Short Term Debt74.1M306.0M245.3M110.6M260.5M273.5M
Retained Earnings77.2M119.4M(279.7M)(384.2M)(332.9M)(316.2M)
Intangible Assets477.5M610.3M561.8M1.2B1.1B1.1B
Common Stock Total Equity407.0M415.8M442.2M458.0M526.7M553.0M
Common Stock442.2M458.0M852.2M845.7M1.1B1.2B
Current Deferred Revenue24.1M21.1M30.4M25.6M10.5M10.0M
Good Will949.2M1.1B1.1B2.0B2.0B2.1B
Other Liab255.6M208.9M185.9M197.1M226.7M186.0M
Net Tangible Assets(913.8M)(1.1B)(1.1B)(2.7B)(2.4B)(2.3B)
Other Assets361.5M119.3M189.2M82.4M74.2M142.5M
Long Term Debt606.9M694.8M754.8M1.7B1.5B1.6B
Deferred Long Term Liab4.5M3.8M2.5M4.0M4.6M3.3M
Long Term Investments15.7M20.4M42.2M52.6M48.2M50.6M
Short Long Term Debt4.2M227.0M164.4M25.6M170.6M179.1M
Property Plant Equipment370.8M417.4M461.3M506.1M582.0M611.1M
Long Term Debt Total607.2M694.8M754.8M1.7B1.9B2.0B
Capital Surpluse60.7M67.0M79.4M104.5M120.2M70.9M

Pair Trading with Colliers International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Colliers International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Colliers International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Colliers Stock

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The ability to find closely correlated positions to Colliers International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Colliers International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Colliers International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Colliers International Group to buy it.
The correlation of Colliers International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Colliers International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Colliers International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Colliers International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Colliers International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Colliers International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Colliers International Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Colliers International Group Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Colliers International Group. 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.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Please note, there is a significant difference between Colliers International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colliers International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colliers International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.