Davis Common Stock Shares Outstanding vs Accounts Payable Analysis
| DTCK Stock | 0.97 0.04 3.80% |
Davis Commodities financial indicator trend analysis is much more than just examining Davis Commodities latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Davis Commodities is a good investment. Please check the relationship between Davis Commodities Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Commodities 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 main economic indicators.
Common Stock Shares Outstanding vs Accounts Payable
Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Davis Commodities Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Davis Commodities' Common Stock Shares Outstanding and Accounts Payable is 0.36. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Davis Commodities Limited, assuming nothing else is changed. The correlation between historical values of Davis Commodities' Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Davis Commodities Limited 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 Common Stock Shares Outstanding i.e., Davis Commodities' Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Accounts Payable
An accounting item on the balance sheet that represents Davis Commodities 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 Davis Commodities 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 Davis Commodities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Davis Commodities 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 Davis Commodities 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 main economic indicators. At this time, Davis Commodities' Issuance Of Capital Stock is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.03 this year, although the value of Tax Provision will most likely fall to about 141.6 K.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 48K | 33K | 110K | 67.9K | Depreciation And Amortization | 40.2K | 42.1K | 62K | 49.6K |
Davis Commodities fundamental ratios Correlations
Click cells to compare fundamentals
Davis Commodities Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Davis Commodities 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 main economic indicators. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Davis Commodities. If investors know Davis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Davis Commodities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Earnings Share 0.02 | Revenue Per Share 6.361 | Quarterly Revenue Growth (0.32) | Return On Assets 0.0017 |
The market value of Davis Commodities is measured differently than its book value, which is the value of Davis that is recorded on the company's balance sheet. Investors also form their own opinion of Davis Commodities' value that differs from its market value or its book value, called intrinsic value, which is Davis Commodities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Davis Commodities' market value can be influenced by many factors that don't directly affect Davis Commodities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Davis Commodities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Davis Commodities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Davis Commodities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.