| DFS Stock | | | 135.00 2.20 1.66% |
DFS Furniture financial indicator trend analysis is much more than just examining DFS Furniture PLC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DFS Furniture PLC is a good investment. Please check the relationship between DFS Furniture Cash and its Accounts Payable accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DFS Furniture PLC. 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.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
DFS Furniture PLC Cash account and
Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between DFS Furniture's Cash and Accounts Payable is -0.68. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of DFS Furniture PLC, assuming nothing else is changed. The correlation between historical values of DFS Furniture's Cash and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash of DFS Furniture PLC are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Cash i.e., DFS Furniture's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.68 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Cash
Cash refers to the most liquid asset of DFS Furniture PLC, which is listed under current asset account on DFS Furniture PLC balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from DFS Furniture customers. The amounts must be unrestricted with restricted cash listed in a different DFS Furniture account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Accounts Payable
An accounting item on the balance sheet that represents DFS Furniture obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of DFS Furniture PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from DFS Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DFS Furniture PLC 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 DFS Furniture PLC. 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.
As of November 25, 2024,
Selling General Administrative is expected to decline to about 50.2
M. In addition to that,
Tax Provision is expected to decline to about 6.3
MDFS Furniture fundamental ratios Correlations
Click cells to compare fundamentals
DFS Furniture Account Relationship Matchups
High Positive Relationship
High Negative Relationship
DFS Furniture fundamental ratios Accounts
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Other Information on Investing in DFS Stock
Balance Sheet is a snapshot of the
financial position of DFS Furniture PLC at a specified time, usually calculated after every quarter, six months, or one year. DFS Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of DFS Furniture 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 DFS currently owns. An asset can also be divided into two categories, current and non-current.