Dodla Change To Netincome vs Change To Account Receivables Analysis

DODLA Stock   1,220  34.30  2.89%   
Dodla Dairy financial indicator trend analysis is much more than just examining Dodla Dairy Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dodla Dairy Limited is a good investment. Please check the relationship between Dodla Dairy Change To Netincome and its Change To Account Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dodla Dairy 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 nation.

Change To Netincome vs Change To Account Receivables

Change To Netincome vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dodla Dairy Limited Change To Netincome account and Change To Account Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Dodla Dairy's Change To Netincome and Change To Account Receivables is 0.45. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Dodla Dairy Limited, assuming nothing else is changed. The correlation between historical values of Dodla Dairy's Change To Netincome and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Dodla Dairy Limited are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Change To Netincome i.e., Dodla Dairy's Change To Netincome and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Netincome

Change To Account Receivables

Most indicators from Dodla Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dodla Dairy 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 Dodla Dairy 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 nation.
As of the 24th of November 2024, Selling General Administrative is likely to drop to about 196.7 M. In addition to that, Tax Provision is likely to drop to about 480.6 M
 2021 2022 2023 2024 (projected)
Interest Expense40.7M12.1M28.7M27.3M
Depreciation And Amortization523.5M612.3M700.7M397.4M

Dodla Dairy fundamental ratios Correlations

-0.380.910.830.980.96-0.60.90.950.730.970.190.630.720.620.730.260.510.620.380.710.750.78-0.750.710.91
-0.38-0.470.1-0.53-0.160.89-0.44-0.25-0.58-0.22-0.1-0.61-0.870.27-0.61-0.730.47-0.16-0.17-0.850.31-0.50.70.08-0.22
0.91-0.470.670.910.86-0.670.810.750.760.90.290.590.680.570.710.280.440.480.360.70.620.68-0.770.640.88
0.830.10.670.740.88-0.170.750.850.370.850.30.440.280.680.53-0.130.620.70.350.370.910.63-0.310.630.71
0.98-0.530.910.740.9-0.70.890.920.770.920.190.70.820.520.760.370.370.590.390.810.630.8-0.80.630.86
0.96-0.160.860.880.9-0.420.840.920.630.990.150.510.550.770.630.150.70.570.40.530.880.67-0.650.80.92
-0.60.89-0.67-0.17-0.7-0.42-0.7-0.46-0.84-0.47-0.1-0.48-0.880.05-0.78-0.560.1-0.4-0.1-0.84-0.04-0.750.85-0.18-0.52
0.9-0.440.810.750.890.84-0.70.860.650.850.20.590.690.530.930.280.40.830.370.70.650.95-0.80.60.78
0.95-0.250.750.850.920.92-0.460.860.590.910.110.570.650.650.650.20.520.660.40.610.770.76-0.650.740.83
0.73-0.580.760.370.770.63-0.840.650.590.650.060.250.760.180.550.270.30.3-0.060.680.370.63-0.760.430.77
0.97-0.220.90.850.920.99-0.470.850.910.650.150.540.590.750.660.220.660.550.440.560.850.68-0.70.810.93
0.19-0.10.290.30.190.15-0.10.20.110.060.150.250.030.090.18-0.19-0.080.33-0.310.20.140.20.03-0.160.02
0.63-0.610.590.440.70.51-0.480.590.570.250.540.250.650.160.630.46-0.160.460.520.770.170.53-0.50.150.35
0.72-0.870.680.280.820.55-0.880.690.650.760.590.030.650.090.70.72-0.080.320.270.90.120.68-0.840.320.57
0.620.270.570.680.520.770.050.530.650.180.750.090.160.090.3-0.040.840.350.410.010.840.31-0.40.890.73
0.73-0.610.710.530.760.63-0.780.930.650.550.660.180.630.70.30.420.120.780.420.730.370.93-0.80.390.58
0.26-0.730.28-0.130.370.15-0.560.280.20.270.22-0.190.460.72-0.040.42-0.32-0.160.470.57-0.250.22-0.570.10.13
0.510.470.440.620.370.70.10.40.520.30.66-0.08-0.16-0.080.840.12-0.320.270.08-0.190.890.21-0.250.820.72
0.62-0.160.480.70.590.57-0.40.830.660.30.550.330.460.320.350.78-0.160.270.160.440.550.88-0.430.320.45
0.38-0.170.360.350.390.4-0.10.370.4-0.060.44-0.310.520.270.410.420.470.080.160.330.250.24-0.320.410.29
0.71-0.850.70.370.810.53-0.840.70.610.680.560.20.770.90.010.730.57-0.190.440.330.120.73-0.690.120.46
0.750.310.620.910.630.88-0.040.650.770.370.850.140.170.120.840.37-0.250.890.550.250.120.48-0.320.80.8
0.78-0.50.680.630.80.67-0.750.950.760.630.680.20.530.680.310.930.220.210.880.240.730.48-0.740.410.62
-0.750.7-0.77-0.31-0.8-0.650.85-0.8-0.65-0.76-0.70.03-0.5-0.84-0.4-0.8-0.57-0.25-0.43-0.32-0.69-0.32-0.74-0.6-0.76
0.710.080.640.630.630.8-0.180.60.740.430.81-0.160.150.320.890.390.10.820.320.410.120.80.41-0.60.88
0.91-0.220.880.710.860.92-0.520.780.830.770.930.020.350.570.730.580.130.720.450.290.460.80.62-0.760.88
Click cells to compare fundamentals

Dodla Dairy Account Relationship Matchups

Dodla Dairy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B9.7B10.9B12.5B14.8B8.7B
Short Long Term Debt Total1.6B986.2M128.7M323.3M457.9M796.7M
Other Current Liab385.0M526.2M934.7M637.2M713.4M469.5M
Total Current Liabilities2.2B1.9B1.9B2.2B2.6B2.1B
Total Stockholder Equity4.3B6.6B8.4B9.7B11.4B5.7B
Property Plant And Equipment Net4.9B5.0B5.2B6.2B6.7B4.4B
Net Debt911.0M(255.3M)(970.2M)(427.2M)(576.0M)(547.2M)
Retained Earnings3.2B4.4B5.8B7.0B8.7B9.1B
Accounts Payable782.2M864.7M654.8M1.3B1.5B813.7M
Cash686.7M1.2B1.1B750.5M1.0B600.7M
Non Current Assets Total5.8B5.7B6.9B7.8B7.7B5.2B
Non Currrent Assets Other295.1M156.9M617M85.5M587.6M385.0M
Other Assets288.7M218.4M158.1M617.3M709.9M385.4M
Cash And Short Term Investments802.1M1.8B2.4B3.2B2.9B1.6B
Net Receivables120.9M92.3M79.2M145.0M105.1M100.6M
Short Term Investments115.4M604.4M1.3B2.5B451.5M796.0M
Liabilities And Stockholders Equity8.0B9.7B10.9B12.5B14.8B8.7B
Non Current Liabilities Total1.4B1.2B575.6M636.4M767.2M832.4M
Inventory1.2B961.7M1.2B1.2B3.9B4.1B
Other Current Assets153.2M159.7M374.0M801.4M220.6M367.8M
Other Stockholder Equity568.3M1.5B2.0B2.0B2.1B1.4B
Total Liab3.7B3.1B2.5B2.8B3.4B3.0B
Total Current Assets2.2B4.0B4.0B4.7B7.1B7.4B
Accumulated Other Comprehensive Income56.2M90.5M99M159.3M163.4M171.6M
Short Term Debt659.8M357.1M(27.0M)(177.2M)54.7M51.9M
Intangible Assets98.7M65.0M43.1M114.6M71.7M54.4M
Current Deferred Revenue(611.2M)(400.7M)656.7M763.9M37.7M39.6M
Other Liab357.1M488.4M567.8M477.3M548.9M484.6M
Net Tangible Assets3.6B3.8B6.1B7.9B9.1B5.5B
Property Plant Equipment4.5B4.9B5.0B5.2B6.0B5.1B
Long Term Debt867.3M529.7M0.0180M287.5M395.6M
Capital Lease Obligations97.1M117.0M128.7M143.3M157.9M134.7M
Net Invested Capital5.8B7.4B8.4B9.9B11.7B9.0B
Net Working Capital(12.9M)2.1B2.2B2.6B4.5B4.7B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Dodla Stock

Balance Sheet is a snapshot of the financial position of Dodla Dairy Limited at a specified time, usually calculated after every quarter, six months, or one year. Dodla Dairy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dodla Dairy 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 Dodla currently owns. An asset can also be divided into two categories, current and non-current.