Trump Days Payables Outstanding vs Payables Turnover Analysis
DJT Stock | 30.44 0.07 0.23% |
Trump Media financial indicator trend analysis is much more than just breaking down Trump Media Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trump Media Technology is a good investment. Please check the relationship between Trump Media Days Payables Outstanding and its Payables Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
Days Payables Outstanding vs Payables Turnover
Days Payables Outstanding vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trump Media Technology Days Payables Outstanding account and Payables Turnover. At this time, the significance of the direction appears to have pay attention.
The correlation between Trump Media's Days Payables Outstanding and Payables Turnover is -0.99. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Trump Media Technology, assuming nothing else is changed. The correlation between historical values of Trump Media's Days Payables Outstanding and Payables Turnover 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 Payables Outstanding of Trump Media Technology are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Days Payables Outstanding i.e., Trump Media's Days Payables Outstanding and Payables Turnover go up and down completely randomly.
Correlation Coefficient | -0.99 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Days Payables Outstanding
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Most indicators from Trump Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trump Media Technology 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 Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. Tax Provision is likely to gain to about 3.5 M in 2024, whereas Selling General Administrative is likely to drop slightly above 8.2 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Interest Income | 7.1K | 4.3M | 12.9M | 13.6M | Net Interest Income | 7.1K | 4.3M | 12.9M | 13.6M |
Trump Media fundamental ratios Correlations
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