Fab Accounts Payable vs Net Receivables Analysis

FBF Stock  CAD 1.50  0.05  3.23%   
Fab Form financial indicator trend analysis is much more than just examining Fab Form Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fab Form Industries is a good investment. Please check the relationship between Fab Form Accounts Payable and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fab Form Industries. 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.

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fab Form Industries Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fab Form's Accounts Payable and Net Receivables is 0.11. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Fab Form Industries, assuming nothing else is changed. The correlation between historical values of Fab Form's Accounts Payable and Net 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 Accounts Payable of Fab Form Industries are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., Fab Form's Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.11
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Fab Form 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 Fab Form Industries 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.

Net Receivables

Most indicators from Fab Form's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fab Form Industries 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 Fab Form Industries. 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.
At this time, Fab Form's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 15.6 M in 2024, whereas Tax Provision is likely to drop slightly above 208.5 K in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.6M2.3M1.7M1.8M
Total Revenue4.4M6.1M4.7M4.9M

Fab Form fundamental ratios Correlations

0.310.731.00.84-0.540.990.060.80.930.431.00.90.42-0.750.811.00.930.860.50.880.850.310.80.840.97
0.310.770.280.12-0.030.30.170.10.180.040.310.350.230.150.490.330.320.21-0.030.240.320.050.310.040.2
0.730.770.70.55-0.440.70.470.590.610.10.710.670.48-0.360.820.740.670.60.240.690.690.080.550.480.66
1.00.280.70.81-0.521.00.040.770.920.460.990.90.4-0.750.761.00.940.830.460.870.840.340.820.840.96
0.840.120.550.81-0.710.790.070.930.960.30.820.70.39-0.750.90.810.630.970.870.850.750.120.490.790.89
-0.54-0.03-0.44-0.52-0.71-0.47-0.48-0.91-0.59-0.03-0.49-0.64-0.410.79-0.65-0.53-0.38-0.66-0.6-0.85-0.710.13-0.08-0.68-0.72
0.990.30.71.00.79-0.470.010.740.910.530.990.880.33-0.740.740.990.950.810.430.840.80.420.860.820.94
0.060.170.470.040.07-0.480.010.29-0.01-0.340.020.110.29-0.220.270.070.070.03-0.070.290.2-0.28-0.160.090.13
0.80.10.590.770.93-0.910.740.290.860.170.760.760.47-0.830.850.780.60.90.750.940.830.010.370.810.91
0.930.180.610.920.96-0.590.91-0.010.860.480.930.760.31-0.770.860.910.80.940.740.840.760.320.690.820.93
0.430.040.10.460.3-0.030.53-0.340.170.480.470.28-0.58-0.480.130.420.590.240.110.210.130.950.660.330.37
1.00.310.710.990.82-0.490.990.020.760.930.470.880.4-0.730.790.990.940.840.490.850.820.340.830.840.95
0.90.350.670.90.7-0.640.880.110.760.760.280.880.53-0.730.70.910.850.750.390.910.90.130.620.830.92
0.420.230.480.40.39-0.410.330.290.470.31-0.580.40.53-0.160.520.430.230.480.330.530.6-0.670.110.510.46
-0.750.15-0.36-0.75-0.750.79-0.74-0.22-0.83-0.77-0.48-0.73-0.73-0.16-0.55-0.73-0.72-0.71-0.51-0.81-0.74-0.34-0.49-0.84-0.84
0.810.490.820.760.9-0.650.740.270.850.860.130.790.70.52-0.550.790.610.910.750.820.76-0.010.460.660.81
1.00.330.741.00.81-0.530.990.070.780.910.420.990.910.43-0.730.790.930.840.460.880.850.310.810.840.96
0.930.320.670.940.63-0.380.950.070.60.80.590.940.850.23-0.720.610.930.670.250.740.750.510.880.760.85
0.860.210.60.830.97-0.660.810.030.90.940.240.840.750.48-0.710.910.840.670.830.850.830.080.520.780.89
0.5-0.030.240.460.87-0.60.43-0.070.750.740.110.490.390.33-0.510.750.460.250.830.590.48-0.110.140.580.59
0.880.240.690.870.85-0.850.840.290.940.840.210.850.910.53-0.810.820.880.740.850.590.890.040.50.850.96
0.850.320.690.840.75-0.710.80.20.830.760.130.820.90.6-0.740.760.850.750.830.480.890.00.510.80.89
0.310.050.080.340.120.130.42-0.280.010.320.950.340.13-0.67-0.34-0.010.310.510.08-0.110.040.00.640.160.21
0.80.310.550.820.49-0.080.86-0.160.370.690.660.830.620.11-0.490.460.810.880.520.140.50.510.640.670.67
0.840.040.480.840.79-0.680.820.090.810.820.330.840.830.51-0.840.660.840.760.780.580.850.80.160.670.9
0.970.20.660.960.89-0.720.940.130.910.930.370.950.920.46-0.840.810.960.850.890.590.960.890.210.670.9
Click cells to compare fundamentals

Fab Form Account Relationship Matchups

Fab Form fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9M2.7M3.4M4.8M6.1M6.4M
Other Current Liab26.8K105.5K67.2K156.7K180.2K189.2K
Total Current Liabilities299.3K429.4K253.8K354.5K531.6K558.1K
Total Stockholder Equity1.6M1.8M2.7M4.1M5.4M5.6M
Property Plant And Equipment Net228.7K589.2K593.7K492.3K470.0K493.5K
Net Debt(724.3K)(779.6K)(987.2K)(413.5K)(372.2K)(353.5K)
Retained Earnings468.1K688.3K1.5M2.7M4.0M4.2M
Accounts Payable176.1K229.7K46.6K51.3K98.1K109.0K
Cash878.2K1.3M1.5M831.9K1.0M1.1M
Non Current Assets Total242.5K604.8K625.0K646.7K725.0K761.2K
Non Currrent Assets Other9.4K11.5K27.3K65.4K58.9K62.1K
Cash And Short Term Investments878.2K1.3M1.5M2.9M3.3M3.4M
Net Receivables252.8K159.5K406.8K497.9K474.9K498.6K
Liabilities And Stockholders Equity1.9M2.7M3.4M4.8M5.5M5.7M
Total Liab356.7K855.3K672.1K659.8K703.3K738.4K
Total Current Assets1.7M2.1M2.8M4.1M5.3M5.6M
Other Current Assets44.3K53.5K41.9K110.2K126.7K133.0K
Non Current Liabilities Total57.4K425.9K418.4K305.4K171.7K127.0K
Inventory527.9K547.0K801.4K654.3K700.3K735.3K
Intangible Assets4.4K4.1K4.0K88.9K173.7K182.4K
Net Tangible Assets1.2M1.6M1.8M2.7M3.1M3.3M
Other Assets6.8K9.4K11.5K27.3K31.4K33.0K
Deferred Long Term Liab6.8K9.4K11.5K27.3K31.4K33.0K
Property Plant Equipment60.7K228.7K589.2K593.7K682.8K716.9K
Net Invested Capital1.6M1.8M2.7M4.1M5.4M2.7M
Net Working Capital1.4M1.6M2.5M3.8M4.8M2.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Fab Stock Analysis

When running Fab Form's price analysis, check to measure Fab Form's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fab Form is operating at the current time. Most of Fab Form's value examination focuses on studying past and present price action to predict the probability of Fab Form's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fab Form's price. Additionally, you may evaluate how the addition of Fab Form to your portfolios can decrease your overall portfolio volatility.