Despegar Net Receivables vs Inventory Analysis

DESP Stock

USD 18.49 0.78 4.40%

Despegar Corp financial indicator trend analysis is much more than just examining Despegar Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Despegar Corp is a good investment. Please check the relationship between Despegar Corp Net Receivables and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Despegar Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Despegar Corp Net Receivables account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Despegar Corp's Net Receivables and Inventory is -0.69. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of Despegar Corp, assuming nothing else is changed. The correlation between historical values of Despegar Corp's Net Receivables and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Despegar Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., Despegar Corp's Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Net Receivables

Inventory

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

To learn how to invest in Despegar Stock, please use our How to Invest in Despegar Corp guide.At this time, Despegar Corp's Tax Provision is relatively stable compared to the past year. As of 11/22/2024, Selling General Administrative is likely to grow to about 90.4 M, while Enterprise Value Over EBITDA is likely to drop 4.62.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	39.5M	41.1M	43.4M	28.9M
Interest Income	6.0M	18.0M	15.3M	10.1M

Depreciation And Amortization Interest Income

Despegar Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets
Total Assets		0.9	0.26	0.86	0.58	0.46	0.17	0.81	-0.75	-0.67	-0.41	0.92	0.84	0.78	0.15	0.74	0.82	0.74	0.74	0.99	0.67	0.62	0.55	0.72	-0.64	0.95
Short Long Term Debt Total	0.9		0.19	0.86	0.22	0.7	-0.2	0.93	-0.68	-0.36	-0.63	0.92	0.57	0.95	0.21	0.87	0.53	0.49	0.92	0.86	0.86	0.67	0.78	0.71	-0.51	0.94
Other Current Liab	0.26	0.19		0.52	0.07	-0.03	0.13	-0.08	-0.02	-0.04	-0.22	0.39	0.11	0.09	-0.58	0.17	0.07	0.6	0.16	0.29	0.1	0.32	-0.16	0.34	-0.37	0.32
Total Current Liabilities	0.86	0.86	0.52		0.23	0.66	-0.14	0.71	-0.42	-0.28	-0.66	0.98	0.48	0.83	-0.17	0.82	0.46	0.65	0.86	0.84	0.74	0.56	0.46	0.89	-0.62	0.95
Total Stockholder Equity	0.58	0.22	0.07	0.23		-0.35	0.87	0.18	-0.67	-0.92	0.45	0.28	0.87	0.0	0.21	-0.06	0.88	0.73	-0.08	0.64	-0.08	0.22	-0.16	0.19	-0.55	0.39
Other Liab	0.46	0.7	-0.03	0.66	-0.35		-0.72	0.74	-0.03	0.24	-0.85	0.68	-0.03	0.88	0.15	0.85	-0.04	-0.07	0.91	0.38	0.72	0.13	0.67	0.71	-0.21	0.6
Net Tangible Assets	0.17	-0.2	0.13	-0.14	0.87	-0.72		-0.27	-0.38	-0.77	0.77	-0.13	0.6	-0.44	0.07	-0.51	0.61	0.55	-0.5	0.27	-0.49	0.05	-0.49	-0.22	-0.25	-0.02
Property Plant And Equipment Net	0.81	0.93	-0.08	0.71	0.18	0.74	-0.27		-0.63	-0.34	-0.58	0.81	0.54	0.94	0.49	0.85	0.51	0.26	0.89	0.76	0.78	0.5	0.84	0.62	-0.44	0.82
Current Deferred Revenue	-0.75	-0.68	-0.02	-0.42	-0.67	-0.03	-0.38	-0.63		0.69	-0.01	-0.52	-0.81	-0.45	-0.39	-0.41	-0.76	-0.64	-0.34	-0.75	-0.52	-0.65	-0.44	-0.3	0.59	-0.66
Net Debt	-0.67	-0.36	-0.04	-0.28	-0.92	0.24	-0.77	-0.34	0.69		-0.33	-0.37	-0.94	-0.16	-0.31	-0.03	-0.94	-0.64	-0.08	-0.74	0.01	-0.37	-0.13	-0.1	0.34	-0.45
Retained Earnings	-0.41	-0.63	-0.22	-0.66	0.45	-0.85	0.77	-0.58	-0.01	-0.33		-0.65	0.05	-0.77	0.21	-0.89	0.07	-0.01	-0.82	-0.31	-0.78	-0.28	-0.66	-0.65	0.18	-0.54
Accounts Payable	0.92	0.92	0.39	0.98	0.28	0.68	-0.13	0.81	-0.52	-0.37	-0.65		0.57	0.89	-0.05	0.85	0.55	0.62	0.89	0.89	0.79	0.62	0.57	0.85	-0.59	0.98
Cash	0.84	0.57	0.11	0.48	0.87	-0.03	0.6	0.54	-0.81	-0.94	0.05	0.57		0.38	0.27	0.33	0.99	0.72	0.3	0.86	0.27	0.48	0.31	0.33	-0.52	0.64
Non Current Assets Total	0.78	0.95	0.09	0.83	0.0	0.88	-0.44	0.94	-0.45	-0.16	-0.77	0.89	0.38		0.24	0.93	0.35	0.27	0.99	0.73	0.85	0.5	0.83	0.73	-0.37	0.86
Non Currrent Assets Other	0.15	0.21	-0.58	-0.17	0.21	0.15	0.07	0.49	-0.39	-0.31	0.21	-0.05	0.27	0.24		0.05	0.26	-0.25	0.13	0.14	-0.03	-0.14	0.38	-0.14	-0.03	0.03
Other Assets	0.74	0.87	0.17	0.82	-0.06	0.85	-0.51	0.85	-0.41	-0.03	-0.89	0.85	0.33	0.93	0.05		0.3	0.3	0.93	0.65	0.9	0.43	0.75	0.81	-0.47	0.81
Cash And Short Term Investments	0.82	0.53	0.07	0.46	0.88	-0.04	0.61	0.51	-0.76	-0.94	0.07	0.55	0.99	0.35	0.26	0.3		0.68	0.28	0.84	0.23	0.44	0.26	0.34	-0.53	0.62
Net Receivables	0.74	0.49	0.6	0.65	0.73	-0.07	0.55	0.26	-0.64	-0.64	-0.01	0.62	0.72	0.27	-0.25	0.3	0.68		0.25	0.77	0.3	0.51	-0.03	0.53	-0.69	0.68
Good Will	0.74	0.92	0.16	0.86	-0.08	0.91	-0.5	0.89	-0.34	-0.08	-0.82	0.89	0.3	0.99	0.13	0.93	0.28	0.25		0.69	0.84	0.47	0.79	0.76	-0.35	0.84
Common Stock Total Equity	0.99	0.86	0.29	0.84	0.64	0.38	0.27	0.76	-0.75	-0.74	-0.31	0.89	0.86	0.73	0.14	0.65	0.84	0.77	0.69		0.59	0.63	0.5	0.66	-0.61	0.93
Common Stock Shares Outstanding	0.67	0.86	0.1	0.74	-0.08	0.72	-0.49	0.78	-0.52	0.01	-0.78	0.79	0.27	0.85	-0.03	0.9	0.23	0.3	0.84	0.59		0.66	0.74	0.69	-0.45	0.8
Short Term Investments	0.62	0.67	0.32	0.56	0.22	0.13	0.05	0.5	-0.65	-0.37	-0.28	0.62	0.48	0.5	-0.14	0.43	0.44	0.51	0.47	0.63	0.66		0.54	0.24	-0.24	0.67
Non Current Liabilities Total	0.55	0.78	-0.16	0.46	-0.16	0.67	-0.49	0.84	-0.44	-0.13	-0.66	0.57	0.31	0.83	0.38	0.75	0.26	-0.03	0.79	0.5	0.74	0.54		0.26	0.02	0.56
Capital Surpluse	0.72	0.71	0.34	0.89	0.19	0.71	-0.22	0.62	-0.3	-0.1	-0.65	0.85	0.33	0.73	-0.14	0.81	0.34	0.53	0.76	0.66	0.69	0.24	0.26		-0.77	0.82
Inventory	-0.64	-0.51	-0.37	-0.62	-0.55	-0.21	-0.25	-0.44	0.59	0.34	0.18	-0.59	-0.52	-0.37	-0.03	-0.47	-0.53	-0.69	-0.35	-0.61	-0.45	-0.24	0.02	-0.77		-0.66
Other Current Assets	0.95	0.94	0.32	0.95	0.39	0.6	-0.02	0.82	-0.66	-0.45	-0.54	0.98	0.64	0.86	0.03	0.81	0.62	0.68	0.84	0.93	0.8	0.67	0.56	0.82	-0.66

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Despegar Corp Account Relationship Matchups

Despegar Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	767.8M	844.7M	823.7M	804.2M	898.3M	774.9M
Short Long Term Debt Total	26.8M	53.2M	54.6M	58.3M	53.8M	36.1M
Other Current Liab	150.0M	50.9M	73.4M	185.4M	146.1M	132.8M
Total Current Liabilities	444.1M	385.5M	473.8M	564.5M	671.1M	474.7M
Total Stockholder Equity	194.2M	92.9M	(29.5M)	(127.2M)	9.0M	8.5M
Other Liab	127.2M	131.7M	180.4M	174.5M	200.7M	164.0M
Net Tangible Assets	173.9M	97.7M	(126.0M)	(239.9M)	(215.9M)	(205.1M)
Property Plant And Equipment Net	29.1M	54.2M	41.8M	38.0M	38.4M	32.5M
Current Deferred Revenue	8.9M	9.3M	13.6M	23.3M	31.8M	16.7M
Net Debt	(282.4M)	(281.3M)	(191.5M)	(160.9M)	(129.3M)	(135.7M)
Retained Earnings	(326.5M)	(468.0M)	(572.6M)	(643.3M)	(618.8M)	(649.8M)
Accounts Payable	261.4M	261.6M	315.1M	345.5M	407.3M	281.9M
Cash	309.2M	334.4M	246.1M	219.2M	183.1M	267.4M
Non Current Assets Total	151.4M	342.4M	336.8M	339.1M	361.1M	236.8M
Non Currrent Assets Other	25.4M	72.0M	14.9M	8.2M	5.1M	4.8M
Other Assets	12.8M	25.4M	71.8M	81.9M	94.2M	98.9M
Cash And Short Term Investments	309.2M	334.4M	246.1M	219.2M	214.6M	276.1M
Net Receivables	233.1M	88.0M	148.2M	158.1M	200.0M	181.6M
Good Will	47.3M	117.8M	122.4M	138.6M	150.8M	89.1M
Common Stock Total Equity	253.5M	255.3M	261.6M	265.7M	305.6M	190.0M
Common Stock Shares Outstanding	69.5M	73.0M	81.6M	76.8M	77.2M	78.9M
Liabilities And Stockholders Equity	767.8M	844.7M	823.7M	804.2M	898.3M	774.9M
Non Current Liabilities Total	129.5M	366.4M	376.9M	366.9M	171.6M	240.4M
Inventory	4.5M	16.1M	33.1M	25.9M	1.0	0.95
Other Current Assets	69.7M	68.4M	92.8M	87.9M	122.6M	67.0M
Other Stockholder Equity	258.7M	311.5M	281.9M	245.4M	213.2M	226.4M
Total Liab	573.6M	751.9M	850.6M	931.3M	842.7M	715.1M
Property Plant And Equipment Gross	62.8M	54.2M	41.8M	38.0M	73.9M	41.0M
Short Long Term Debt	19.2M	8.9M	15.3M	29.9M	28.5M	18.4M
Total Current Assets	616.4M	502.3M	487.0M	465.1M	537.3M	538.1M
Accumulated Other Comprehensive Income	447K	(16.4M)	(18.6M)	(16.8M)	(12.4M)	(11.8M)
Short Term Debt	23.8M	17.5M	23.2M	42.1M	34.6M	23.2M
Intangible Assets	49.6M	98.4M	88.5M	91.5M	90.4M	67.2M
Common Stock	261.6M	265.7M	279.9M	287.6M	292.2M	231.7M
Property Plant Equipment	19.7M	62.8M	58.7M	44.5M	51.2M	36.3M
Non Current Liabilities Other	5.3M	66.3M	63.3M	51.4M	17.4M	32.4M
Net Invested Capital	213.4M	112.2M	(2.8M)	(92.1M)	(95.0M)	(90.3M)
Net Working Capital	175.6M	116.8M	13.2M	(99.4M)	(133.8M)	(127.1M)

Pair Trading with Despegar Corp

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 Despegar Corp 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 Despegar Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Despegar Stock

0.68	BH	Biglari Holdings	Pair Corr
0.88	WH	Wyndham Hotels Resorts	Pair Corr

Moving against Despegar Stock

0.67

WING

Wingstop

Pair Corr

The ability to find closely correlated positions to Despegar Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Despegar Corp 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 Despegar Corp - 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 Despegar Corp to buy it.

The correlation of Despegar Corp 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 Despegar Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Despegar Corp 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 Despegar Corp 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 Correlation Correlation Matching

Additional Tools for Despegar Stock Analysis

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

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