Clearwater Days Of Inventory On Hand vs Average Payables Analysis

CLW Stock  USD 32.15  0.22  0.68%   
Clearwater Paper financial indicator trend analysis is way more than just evaluating Clearwater Paper prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clearwater Paper is a good investment. Please check the relationship between Clearwater Paper Days Of Inventory On Hand and its Average Payables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearwater Paper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Clearwater Stock please use our How to Invest in Clearwater Paper guide.

Days Of Inventory On Hand vs Average Payables

Days Of Inventory On Hand vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clearwater Paper Days Of Inventory On Hand account and Average Payables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Clearwater Paper's Days Of Inventory On Hand and Average Payables is 0.62. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Average Payables in the same time period over historical financial statements of Clearwater Paper, assuming nothing else is changed. The correlation between historical values of Clearwater Paper's Days Of Inventory On Hand and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Of Inventory On Hand of Clearwater Paper are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Days Of Inventory On Hand i.e., Clearwater Paper's Days Of Inventory On Hand and Average Payables go up and down completely randomly.

Correlation Coefficient

0.62
Relationship DirectionPositive 
Relationship StrengthSignificant

Days Of Inventory On Hand

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.
Most indicators from Clearwater Paper's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clearwater Paper 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 Clearwater Paper. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Clearwater Stock please use our How to Invest in Clearwater Paper guide.At this time, Clearwater Paper's Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 4.59 in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.05 in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense34.6M32.4M37.3M33.9M
Depreciation And Amortization103.3M98.6M113.4M91.5M

Clearwater Paper fundamental ratios Correlations

0.480.140.640.580.370.850.80.690.50.96-0.11-0.020.850.290.65-0.91-0.550.830.8-0.010.930.350.71-0.330.86
0.480.120.3-0.07-0.020.390.650.32-0.010.54-0.31-0.10.680.1-0.14-0.59-0.290.610.32-0.170.61-0.110.140.160.4
0.140.120.110.32-0.160.11-0.030.080.110.07-0.44-0.75-0.01-0.020.24-0.05-0.09-0.030.35-0.140.030.450.250.110.09
0.640.30.110.26-0.020.70.580.850.380.71-0.04-0.080.44-0.190.24-0.5-0.770.280.54-0.540.650.290.23-0.420.74
0.58-0.070.320.260.170.360.010.410.630.38-0.01-0.180.130.40.82-0.5-0.30.160.80.240.230.620.83-0.190.36
0.37-0.02-0.16-0.020.170.20.21-0.060.040.34-0.030.050.26-0.010.55-0.50.070.470.160.30.360.120.28-0.210.21
0.850.390.110.70.360.20.790.80.490.890.030.190.8-0.080.43-0.64-0.760.70.67-0.410.850.380.41-0.551.0
0.80.65-0.030.580.010.210.790.510.120.91-0.190.090.950.030.15-0.71-0.480.880.38-0.230.95-0.010.22-0.240.8
0.690.320.080.850.41-0.060.80.510.620.670.260.160.51-0.030.4-0.54-0.810.340.75-0.460.630.370.45-0.540.83
0.5-0.010.110.380.630.040.490.120.620.340.350.110.250.340.59-0.42-0.630.190.76-0.070.310.720.7-0.460.48
0.960.540.070.710.380.340.890.910.670.34-0.170.020.890.070.46-0.84-0.590.840.64-0.20.970.230.47-0.310.91
-0.11-0.31-0.44-0.04-0.01-0.030.03-0.190.260.35-0.170.76-0.08-0.030.140.15-0.2-0.130.13-0.08-0.13-0.080.08-0.360.04
-0.02-0.1-0.75-0.08-0.180.050.190.090.160.110.020.760.15-0.1-0.110.1-0.170.11-0.05-0.120.06-0.33-0.13-0.320.19
0.850.68-0.010.440.130.260.80.950.510.250.89-0.080.150.210.28-0.79-0.440.960.51-0.080.950.060.4-0.230.8
0.290.1-0.02-0.190.4-0.01-0.080.03-0.030.340.07-0.03-0.10.210.32-0.390.310.310.360.80.160.030.690.19-0.07
0.65-0.140.240.240.820.550.430.150.40.590.460.14-0.110.280.32-0.61-0.250.370.750.320.40.570.85-0.410.44
-0.91-0.59-0.05-0.5-0.5-0.5-0.64-0.71-0.54-0.42-0.840.150.1-0.79-0.39-0.610.37-0.81-0.73-0.17-0.86-0.26-0.710.16-0.67
-0.55-0.29-0.09-0.77-0.30.07-0.76-0.48-0.81-0.63-0.59-0.2-0.17-0.440.31-0.250.37-0.24-0.610.7-0.52-0.56-0.230.6-0.76
0.830.61-0.030.280.160.470.70.880.340.190.84-0.130.110.960.310.37-0.81-0.240.460.140.910.020.46-0.170.7
0.80.320.350.540.80.160.670.380.750.760.640.13-0.050.510.360.75-0.73-0.610.46-0.010.590.580.88-0.390.68
-0.01-0.17-0.14-0.540.240.3-0.41-0.23-0.46-0.07-0.2-0.08-0.12-0.080.80.32-0.170.70.14-0.01-0.12-0.170.460.27-0.41
0.930.610.030.650.230.360.850.950.630.310.97-0.130.060.950.160.4-0.86-0.520.910.59-0.120.130.46-0.310.87
0.35-0.110.450.290.620.120.38-0.010.370.720.23-0.08-0.330.060.030.57-0.26-0.560.020.58-0.170.130.51-0.460.36
0.710.140.250.230.830.280.410.220.450.70.470.08-0.130.40.690.85-0.71-0.230.460.880.460.460.51-0.240.42
-0.330.160.11-0.42-0.19-0.21-0.55-0.24-0.54-0.46-0.31-0.36-0.32-0.230.19-0.410.160.6-0.17-0.390.27-0.31-0.46-0.24-0.53
0.860.40.090.740.360.211.00.80.830.480.910.040.190.8-0.070.44-0.67-0.760.70.68-0.410.870.360.42-0.53
Click cells to compare fundamentals

Clearwater Paper Account Relationship Matchups

Clearwater Paper fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.8B1.7B1.7B1.7B1.9B1.6B
Short Long Term Debt Total787.7M639.2M565.8M478.5M550.3M659.4M
Other Current Liab73.9M69.3M87M105.9M121.8M94.9M
Total Current Liabilities244.8M254.1M312M286M328.9M268.4M
Total Stockholder Equity521.1M511.7M572M668.7M769.0M521.1M
Other Liab215.2M263.8M286.7M218.6M251.4M259.1M
Property Plant And Equipment Net1.3B1.1B1.0B1.1B1.2B943.5M
Net Debt751.8M614M512.1M436.5M502.0M566.1M
Accounts Payable143.4M156.2M213M163.9M188.5M129.6M
Cash35.9M25.2M53.7M42M48.3M50.7M
Non Current Assets Total1.3B1.2B1.1B1.1B1.3B1.1B
Non Currrent Assets Other18.5M82.7M100.1M15.8M18.2M23.8M
Other Assets87M110.3M76.1M(100K)(115K)(109.3K)
Long Term Debt716.4M637.6M564.9M462.3M531.6M569.8M
Cash And Short Term Investments35.9M25.2M53.7M42M37.8M38.3M
Net Receivables160.6M167.4M188.8M184.5M212.2M172.6M
Common Stock Shares Outstanding16.7M16.8M17.2M17.1M15.4M15.9M
Liabilities And Stockholders Equity1.8B1.7B1.7B1.7B1.9B1.6B
Non Current Liabilities Total1.0B924.3M819.5M717M824.6M841.8M
Inventory263.3M277.7M324M319.8M367.8M267.1M
Other Current Assets15.1M16.9M19.8M17.8M16.0M16.1M
Total Liab1.3B1.2B1.1B1.0B1.2B1.1B
Property Plant And Equipment Gross1.3B1.1B1.0B3.0B3.4B3.6B
Total Current Assets474.9M487.2M586.3M564.1M648.7M514.8M
Accumulated Other Comprehensive Income(54.3M)(42.6M)(33.3M)(30.7M)(35.3M)(37.1M)
Common Stock1.7K1.7K1.7K1.6K1.4K1.4K
Property Plant Equipment1.3B1.2B1.1B1.0B1.2B922.2M
Retained Earnings558.8M530.7M576.8M684.5M787.2M484.8M
Other Stockholder Equity16.6M23.6M28.5M14.9M13.4M14.1M
Short Term Debt17M17.7M12M16.2M14.6M13.9M
Intangible Assets13.7M10.8M8.6M6.5M5.9M5.6M
Net Tangible Assets380M472.3M511.8M572M657.8M375.9M
Retained Earnings Total Equity481.7M558.8M530.7M576.8M663.3M543.6M
Long Term Debt Total884.5M716.4M637.6M564.9M649.6M683.5M
Capital Surpluse9.8M16.6M23.6M28.5M25.7M24.4M
Deferred Long Term Liab121.3M158.1M213.1M196.4M225.9M143.5M

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