Delhivery Current Deferred Revenue vs Other Current Assets Analysis

DELHIVERY   266.25  15.55  5.52%   
Delhivery financial indicator trend analysis is much more than just examining Delhivery Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Delhivery Limited is a good investment. Please check the relationship between Delhivery Current Deferred Revenue and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delhivery Limited. 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.

Current Deferred Revenue vs Other Current Assets

Current Deferred Revenue vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Delhivery Limited Current Deferred Revenue account and Other Current Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Delhivery's Current Deferred Revenue and Other Current Assets is 0.24. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Delhivery Limited, assuming nothing else is changed. The correlation between historical values of Delhivery's Current Deferred Revenue and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Delhivery Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Current Deferred Revenue i.e., Delhivery's Current Deferred Revenue and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.24
Relationship DirectionPositive 
Relationship StrengthVery Weak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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.
Most indicators from Delhivery's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Delhivery Limited 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delhivery Limited. 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.
The current year's Tax Provision is expected to grow to about 44.8 M, whereas Selling General Administrative is forecasted to decline to about 457.2 M.
 2022 2023 2024 2025 (projected)
Interest Expense888.3M877.5M1.0B822.5M
Depreciation And Amortization8.3B7.2B8.3B5.4B

Delhivery fundamental ratios Correlations

0.81-0.390.730.970.89-0.240.630.86-0.130.950.70.77-0.260.880.57-0.54-0.40.910.690.950.670.510.88-0.870.57
0.81-0.680.430.750.64-0.440.740.56-0.10.740.430.76-0.420.670.31-0.83-0.680.890.480.680.830.30.77-0.830.52
-0.39-0.680.23-0.420.00.36-0.170.05-0.51-0.27-0.29-0.750.83-0.380.420.890.85-0.680.25-0.38-0.37-0.12-0.460.54-0.32
0.730.430.230.670.86-0.260.630.97-0.540.830.450.240.370.760.850.060.210.460.930.620.650.690.65-0.530.37
0.970.75-0.420.670.83-0.270.520.81-0.030.950.810.82-0.310.890.46-0.57-0.430.940.550.980.550.50.9-0.870.56
0.890.640.00.860.83-0.10.680.91-0.420.920.510.50.170.730.87-0.25-0.170.680.880.790.590.380.74-0.70.6
-0.24-0.440.36-0.26-0.27-0.1-0.2-0.33-0.17-0.33-0.3-0.270.07-0.430.080.380.24-0.37-0.11-0.17-0.58-0.53-0.450.37-0.1
0.630.74-0.170.630.520.68-0.20.64-0.70.630.220.430.00.560.62-0.43-0.280.540.70.450.830.260.65-0.690.45
0.860.560.050.970.810.91-0.330.64-0.420.920.610.440.190.840.79-0.140.030.640.880.780.680.670.78-0.680.43
-0.13-0.1-0.51-0.54-0.03-0.42-0.17-0.7-0.42-0.230.110.26-0.52-0.06-0.66-0.24-0.390.09-0.610.0-0.4-0.05-0.070.08-0.03
0.950.74-0.270.830.950.92-0.330.630.92-0.230.660.66-0.040.90.65-0.43-0.290.850.740.890.680.60.87-0.810.57
0.70.43-0.290.450.810.51-0.30.220.610.110.660.73-0.440.690.14-0.45-0.240.740.230.870.250.390.75-0.730.25
0.770.76-0.750.240.820.5-0.270.430.440.260.660.73-0.70.740.06-0.83-0.780.910.170.830.430.230.87-0.90.59
-0.26-0.420.830.37-0.310.170.070.00.19-0.52-0.04-0.44-0.7-0.210.560.740.65-0.530.4-0.37-0.080.05-0.320.44-0.1
0.880.67-0.380.760.890.73-0.430.560.84-0.060.90.690.74-0.210.44-0.43-0.310.810.610.840.680.760.94-0.830.54
0.570.310.420.850.460.870.080.620.79-0.660.650.140.060.560.440.170.190.250.940.430.440.250.41-0.340.45
-0.54-0.830.890.06-0.57-0.250.38-0.43-0.14-0.24-0.43-0.45-0.830.74-0.430.170.9-0.820.06-0.54-0.480.01-0.620.74-0.41
-0.4-0.680.850.21-0.43-0.170.24-0.280.03-0.39-0.29-0.24-0.780.65-0.310.190.9-0.660.16-0.39-0.260.2-0.520.61-0.55
0.910.89-0.680.460.940.68-0.370.540.640.090.850.740.91-0.530.810.25-0.82-0.660.380.90.620.380.88-0.910.54
0.690.480.250.930.550.88-0.110.70.88-0.610.740.230.170.40.610.940.060.160.380.510.670.50.54-0.470.41
0.950.68-0.380.620.980.79-0.170.450.780.00.890.870.83-0.370.840.43-0.54-0.390.90.510.450.430.87-0.860.52
0.670.83-0.370.650.550.59-0.580.830.68-0.40.680.250.43-0.080.680.44-0.48-0.260.620.670.450.610.66-0.640.36
0.510.3-0.120.690.50.38-0.530.260.67-0.050.60.390.230.050.760.250.010.20.380.50.430.610.52-0.360.08
0.880.77-0.460.650.90.74-0.450.650.78-0.070.870.750.87-0.320.940.41-0.62-0.520.880.540.870.660.52-0.950.63
-0.87-0.830.54-0.53-0.87-0.70.37-0.69-0.680.08-0.81-0.73-0.90.44-0.83-0.340.740.61-0.91-0.47-0.86-0.64-0.36-0.95-0.5
0.570.52-0.320.370.560.6-0.10.450.43-0.030.570.250.59-0.10.540.45-0.41-0.550.540.410.520.360.080.63-0.5
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Delhivery Account Relationship Matchups

Delhivery fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets70.8B82.5B111.9B114.5B131.7B82.0B
Short Long Term Debt Total11.0B11.0B9.2B11.7B13.4B8.5B
Other Current Liab1.8B2.1B2.0B2.0B1.8B1.7B
Total Current Liabilities9.5B15.0B13.1B13.5B15.5B12.1B
Total Stockholder Equity28.4B59.6B91.8B91.4B105.2B58.5B
Property Plant And Equipment Net12.1B13.8B15.1B19.6B22.5B13.6B
Current Deferred Revenue1.6B(4.1B)1.3B674.4M607.0M396.6M
Net Debt8.2B8.7B6.3B8.7B10.0B10.5B
Accounts Payable4.4B8.3B7.9B8.0B9.2B6.3B
Cash2.8B2.3B3.0B3.0B2.7B3.4B
Non Current Assets Total17.7B43.0B42.5B55.0B63.3B33.4B
Non Currrent Assets Other(7.8B)19.3B46.4B21.6B24.8B14.9B
Cash And Short Term Investments13.1B17.7B47.0B39.7B45.6B47.9B
Net Receivables9.6B16.7B1.7B14.9B13.4B9.3B
Good Will186.5M13.8B13.6B13.4B15.5B16.2B
Liabilities And Stockholders Equity70.8B82.5B111.9B114.5B131.7B82.0B
Non Current Liabilities Total8.1B7.9B7.3B9.6B11.1B8.0B
Inventory259.5M253.1M193.6M164.3M147.8M239.3M
Other Current Assets13.3B21.6B20.7B4.8B4.3B4.1B
Other Stockholder Equity72.0B113.7B159.5B161.6B185.9B102.7B
Total Liab22.3B22.9B20.1B23.1B26.5B20.7B
Total Current Assets28.3B39.5B69.6B59.5B68.4B45.1B
Short Term Debt3.3B4.1B2.7B2.9B3.3B3.0B
Intangible Assets142.0M3.6B1.7B892.3M1.0B1.5B
Common Stock16.3M642.1M728.7M736.8M847.3M889.7M
Retained Earnings(48.3B)(58.4B)(68.5B)(70.9B)(63.8B)(67.0B)
Short Term Investments10.3B14.6B44.1B36.6B42.1B22.9B
Accumulated Other Comprehensive Income2.0B3.6B5.6B6.0B6.9B3.6B
Long Term Debt2.4B1.2B1.1B401.8M361.7M343.6M
Capital Lease Obligations9.1B7.5B7.2B10.4B12.0B8.6B
Net Invested Capital53.3B63.1B93.8B92.7B106.6B74.2B
Property Plant And Equipment Gross12.1B20.5B14.8B19.5B22.4B17.1B
Short Long Term Debt2.4B2.4B844.7M854.1M768.7M1.3B
Capital Stock16.3M642.1M728.7M736.8M847.3M469.4M
Net Working Capital23.8B24.5B56.6B46.0B52.9B37.4B

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Other Information on Investing in Delhivery Stock

Balance Sheet is a snapshot of the financial position of Delhivery Limited at a specified time, usually calculated after every quarter, six months, or one year. Delhivery Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Delhivery and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Delhivery currently owns. An asset can also be divided into two categories, current and non-current.