Eagle Average Payables vs Days Sales Outstanding Analysis

EPL Stock  CAD 0.10  0.01  11.11%   
Eagle Plains financial indicator trend analysis is much more than just examining Eagle Plains Resources latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eagle Plains Resources is a good investment. Please check the relationship between Eagle Plains Average Payables and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eagle Plains Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Average Payables vs Days Sales Outstanding

Average Payables vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eagle Plains Resources Average Payables account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Eagle Plains' Average Payables and Days Sales Outstanding is -0.58. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Eagle Plains Resources, assuming nothing else is changed. The correlation between historical values of Eagle Plains' Average Payables and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Eagle Plains Resources are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Average Payables i.e., Eagle Plains' Average Payables and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.58
Relationship DirectionNegative 
Relationship StrengthVery Weak

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Days Sales Outstanding

Most indicators from Eagle Plains' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eagle Plains Resources 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 Eagle Plains Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Enterprise Value is likely to climb to about 8.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.2 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue12.5M17.3M10.3M10.8M
Depreciation And Amortization175.2K208.4K221.4K126.8K

Eagle Plains fundamental ratios Correlations

0.760.990.47-0.6-0.090.480.60.770.950.750.690.390.780.960.37-0.450.30.37-0.410.570.670.57-0.2-0.210.2
0.760.680.43-0.670.020.310.660.560.760.460.380.230.990.750.23-0.110.050.14-0.240.590.490.410.010.010.24
0.990.680.46-0.56-0.110.50.560.760.940.760.730.40.690.960.36-0.50.320.37-0.420.540.670.58-0.21-0.240.17
0.470.430.46-0.61-0.070.380.620.670.370.650.240.840.430.38-0.41-0.17-0.47-0.430.460.06-0.05-0.260.440.59-0.13
-0.6-0.67-0.56-0.610.4-0.45-1.0-0.28-0.7-0.37-0.53-0.23-0.62-0.680.10.340.410.420.12-0.49-0.24-0.21-0.4-0.18-0.5
-0.090.02-0.11-0.070.4-0.35-0.40.19-0.240.1-0.710.190.07-0.20.240.830.240.430.160.260.350.15-0.240.27-0.29
0.480.310.50.38-0.45-0.350.450.220.530.660.50.340.290.53-0.16-0.53-0.15-0.01-0.070.090.210.190.120.10.27
0.60.660.560.62-1.0-0.40.450.280.70.370.530.240.620.68-0.11-0.34-0.42-0.42-0.110.490.240.210.420.190.49
0.770.560.760.67-0.280.190.220.280.550.730.350.720.620.580.26-0.230.310.29-0.050.290.330.18-0.250.01-0.26
0.950.760.940.37-0.7-0.240.530.70.550.630.770.210.741.00.27-0.480.150.26-0.440.580.690.64-0.04-0.210.32
0.750.460.760.65-0.370.10.660.370.730.630.360.680.510.66-0.02-0.270.060.280.070.240.390.16-0.070.240.08
0.690.380.730.24-0.53-0.710.50.530.350.770.360.070.330.760.15-0.880.120.01-0.430.220.290.390.01-0.410.18
0.390.230.40.84-0.230.190.340.240.720.210.680.070.260.24-0.29-0.07-0.21-0.130.46-0.060.03-0.160.190.51-0.34
0.780.990.690.43-0.620.070.290.620.620.740.510.330.260.740.28-0.10.120.22-0.250.570.470.38-0.1-0.020.26
0.960.750.960.38-0.68-0.20.530.680.581.00.660.760.240.740.3-0.470.190.29-0.440.60.720.65-0.07-0.210.3
0.370.230.36-0.410.10.24-0.16-0.110.260.27-0.020.15-0.290.280.3-0.10.880.7-0.870.630.560.63-0.83-0.790.25
-0.45-0.11-0.5-0.170.340.83-0.53-0.34-0.23-0.48-0.27-0.88-0.07-0.1-0.47-0.1-0.160.030.380.070.05-0.110.140.47-0.22
0.30.050.32-0.470.410.24-0.15-0.420.310.150.060.12-0.210.120.190.88-0.160.88-0.720.260.410.49-0.95-0.810.01
0.370.140.37-0.430.420.43-0.01-0.420.290.260.280.01-0.130.220.290.70.030.88-0.550.250.580.53-0.83-0.580.06
-0.41-0.24-0.420.460.120.16-0.07-0.11-0.05-0.440.07-0.430.46-0.25-0.44-0.870.38-0.72-0.55-0.55-0.55-0.70.670.89-0.48
0.570.590.540.06-0.490.260.090.490.290.580.240.22-0.060.570.60.630.070.260.25-0.550.760.69-0.18-0.190.4
0.670.490.67-0.05-0.240.350.210.240.330.690.390.290.030.470.720.560.050.410.58-0.550.760.86-0.25-0.280.19
0.570.410.58-0.26-0.210.150.190.210.180.640.160.39-0.160.380.650.63-0.110.490.53-0.70.690.86-0.32-0.490.18
-0.20.01-0.210.44-0.4-0.240.120.42-0.25-0.04-0.070.010.19-0.1-0.07-0.830.14-0.95-0.830.67-0.18-0.25-0.320.75-0.17
-0.210.01-0.240.59-0.180.270.10.190.01-0.210.24-0.410.51-0.02-0.21-0.790.47-0.81-0.580.89-0.19-0.28-0.490.75-0.25
0.20.240.17-0.13-0.5-0.290.270.49-0.260.320.080.18-0.340.260.30.25-0.220.010.06-0.480.40.190.18-0.17-0.25
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Eagle Plains Account Relationship Matchups

Eagle Plains fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.6M11.2M12.4M14.3M14.7M10.4M
Total Current Liabilities428.5K688.9K888.7K1.7M913.0K488.0K
Total Stockholder Equity7.2M10.4M11.5M12.6M13.8M9.5M
Property Plant And Equipment Net1.8M2.2M1.9M3.0M1.4M1.3M
Net Debt(3.5M)(4.8M)(5.0M)(9.5M)(1.4M)(1.4M)
Retained Earnings(20.8M)(18.7M)(17.8M)(18.4M)(11.8M)(12.3M)
Accounts Payable150.1K271.6K440.1K276.5K155.4K221.4K
Cash3.5M4.8M5.0M9.5M1.4M1.3M
Non Current Assets Total1.9M2.3M2.0M3.1M4.3M3.4M
Cash And Short Term Investments5.4M8.3M9.5M10.1M9.1M4.9M
Net Receivables282.6K612.6K816.9K495.7K506.4K644.6K
Common Stock Shares Outstanding91.5M95.7M99.9M106.4M112.4M68.6M
Liabilities And Stockholders Equity7.6M11.2M12.4M14.3M14.7M10.4M
Other Stockholder Equity4.6M4.9M4.7M5.0M5.4M5.1M
Total Liab428.5K723.6K898.0K1.7M913.0K862.9K
Total Current Assets5.7M8.9M10.4M11.2M10.4M5.7M
Other Current Assets38.4K17.4K40.9K602.2K824.8K866.1K
Non Currrent Assets Other60.1K98.5K99.3K127.8K2.7M2.9M
Short Term Investments1.9M3.4M4.5M607.3K7.8M8.1M
Other Current Liab278.4K335.0K355.7K1.4M757.6K414.3K
Net Tangible Assets7.3M7.2M10.4M12.6M14.5M9.1M
Other Assets60.1K98.5K99.3K127.8K146.9K101.3K
Common Stock23.4M24.3M24.6M26.0M20.2M25.1M
Property Plant Equipment2.5M1.8M2.2M3.0M2.7M2.0M
Net Invested Capital7.2M10.4M11.5M12.6M13.8M10.9M
Net Working Capital5.3M8.2M9.5M9.5M9.5M8.0M
Capital Stock23.4M24.3M24.6M26.0M20.2M18.9M

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Additional Tools for Eagle Stock Analysis

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