Sailfish Average Payables vs Days Sales Outstanding Analysis

FISH Stock

CAD 1.60 0.01 0.62%

Sailfish Royalty financial indicator trend analysis is much more than just breaking down Sailfish Royalty Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sailfish Royalty Corp is a good investment. Please check the relationship between Sailfish Royalty 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 Sailfish Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

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 Sailfish Royalty Corp Average Payables account and Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Sailfish Royalty's Average Payables and Days Sales Outstanding is 0.43. 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 Sailfish Royalty Corp, assuming nothing else is changed. The correlation between historical values of Sailfish Royalty's 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 Sailfish Royalty Corp 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., Sailfish Royalty's Average Payables and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.43

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

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 Sailfish Royalty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sailfish Royalty Corp 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 Sailfish Royalty Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Selling General Administrative is likely to drop to about 1.8 M in 2025. Sales General And Administrative To Revenue is likely to drop to 0.77 in 2025

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	610.9K	435.6K	500.9K	370.9K
Cost Of Revenue	1.3M	941.8K	1.1M	684.9K

Reconciled Depreciation Cost Of Revenue

Sailfish Royalty fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Net Debt	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Property Plant And Equipment Net	Net Invested Capital	Long Term Investments	Net Working Capital	Other Stockholder Equity	Capital Stock	Short Long Term Debt Total	Long Term Debt
Total Assets		0.59	0.99	0.95	-0.57	0.6	0.77	0.37	0.7	0.75	0.98	-0.58	0.3	0.99	0.39	0.78	0.82	0.29	0.96	0.98	0.94	0.74	0.94	0.93	-0.79	-0.82
Total Current Liabilities	0.59		0.6	0.73	-0.83	0.48	0.84	0.25	0.47	0.85	0.65	0.06	-0.1	0.55	-0.12	0.68	0.78	0.76	0.55	0.63	0.59	0.78	0.74	0.75	-0.84	-0.75
Total Stockholder Equity	0.99	0.6		0.96	-0.58	0.64	0.8	0.43	0.62	0.78	0.99	-0.6	0.2	0.98	0.31	0.82	0.84	0.27	0.94	0.97	0.93	0.78	0.94	0.94	-0.82	-0.85
Net Tangible Assets	0.95	0.73	0.96		-0.73	0.58	0.87	0.34	0.67	0.86	0.95	-0.46	0.17	0.95	0.23	0.79	0.86	0.45	0.92	0.95	0.91	0.8	0.96	0.96	-0.89	-0.89
Retained Earnings	-0.57	-0.83	-0.58	-0.73		-0.22	-0.79	-0.02	-0.45	-0.75	-0.67	-0.17	0.06	-0.55	0.26	-0.58	-0.79	-0.74	-0.56	-0.61	-0.54	-0.65	-0.78	-0.79	0.87	0.82
Accounts Payable	0.6	0.48	0.64	0.58	-0.22		0.75	0.67	0.16	0.7	0.61	-0.55	-0.26	0.56	0.02	0.89	0.59	0.16	0.49	0.59	0.49	0.75	0.52	0.59	-0.6	-0.58
Cash	0.77	0.84	0.8	0.87	-0.79	0.75		0.39	0.42	0.95	0.83	-0.28	-0.19	0.73	-0.13	0.92	0.89	0.62	0.69	0.79	0.73	0.9	0.84	0.89	-0.95	-0.91
Net Receivables	0.37	0.25	0.43	0.34	-0.02	0.67	0.39		-0.22	0.56	0.4	-0.3	-0.45	0.3	-0.03	0.62	0.44	-0.11	0.23	0.32	0.38	0.68	0.29	0.34	-0.43	-0.39
Total Liab	0.7	0.47	0.62	0.67	-0.45	0.16	0.42	-0.22		0.37	0.6	-0.25	0.81	0.74	0.69	0.26	0.41	0.47	0.79	0.75	0.63	0.27	0.69	0.62	-0.38	-0.37
Total Current Assets	0.75	0.85	0.78	0.86	-0.75	0.7	0.95	0.56	0.37		0.8	-0.21	-0.21	0.7	-0.06	0.88	0.89	0.61	0.65	0.75	0.77	0.97	0.81	0.85	-0.93	-0.86
Common Stock	0.98	0.65	0.99	0.95	-0.67	0.61	0.83	0.4	0.6	0.8		-0.5	0.15	0.96	0.21	0.84	0.9	0.33	0.92	0.95	0.92	0.81	0.96	0.96	-0.87	-0.9
Other Current Liab	-0.58	0.06	-0.6	-0.46	-0.17	-0.55	-0.28	-0.3	-0.25	-0.21	-0.5		-0.17	-0.6	-0.44	-0.43	-0.16	0.45	-0.48	-0.47	-0.51	-0.26	-0.31	-0.32	0.16	0.24
Net Debt	0.3	-0.1	0.2	0.17	0.06	-0.26	-0.19	-0.45	0.81	-0.21	0.15	-0.17		0.38	0.86	-0.27	-0.11	0.05	0.45	0.33	0.24	-0.28	0.23	0.12	0.19	0.17
Non Current Assets Total	0.99	0.55	0.98	0.95	-0.55	0.56	0.73	0.3	0.74	0.7	0.96	-0.6	0.38		0.44	0.72	0.77	0.27	0.98	0.98	0.92	0.67	0.93	0.92	-0.75	-0.79
Non Currrent Assets Other	0.39	-0.12	0.31	0.23	0.26	0.02	-0.13	-0.03	0.69	-0.06	0.21	-0.44	0.86	0.44		-0.11	-0.09	-0.13	0.45	0.37	0.38	-0.07	0.2	0.11	0.18	0.18
Cash And Short Term Investments	0.78	0.68	0.82	0.79	-0.58	0.89	0.92	0.62	0.26	0.88	0.84	-0.43	-0.27	0.72	-0.11		0.87	0.36	0.67	0.77	0.7	0.92	0.78	0.84	-0.87	-0.87
Common Stock Shares Outstanding	0.82	0.78	0.84	0.86	-0.79	0.59	0.89	0.44	0.41	0.89	0.9	-0.16	-0.11	0.77	-0.09	0.87		0.6	0.77	0.84	0.83	0.9	0.92	0.95	-0.95	-0.96
Other Current Assets	0.29	0.76	0.27	0.45	-0.74	0.16	0.62	-0.11	0.47	0.61	0.33	0.45	0.05	0.27	-0.13	0.36	0.6		0.36	0.41	0.36	0.49	0.53	0.53	-0.6	-0.5
Property Plant And Equipment Net	0.96	0.55	0.94	0.92	-0.56	0.49	0.69	0.23	0.79	0.65	0.92	-0.48	0.45	0.98	0.45	0.67	0.77	0.36		0.99	0.88	0.61	0.94	0.92	-0.73	-0.77
Net Invested Capital	0.98	0.63	0.97	0.95	-0.61	0.59	0.79	0.32	0.75	0.75	0.95	-0.47	0.33	0.98	0.37	0.77	0.84	0.41	0.99		0.91	0.72	0.97	0.96	-0.81	-0.84
Long Term Investments	0.94	0.59	0.93	0.91	-0.54	0.49	0.73	0.38	0.63	0.77	0.92	-0.51	0.24	0.92	0.38	0.7	0.83	0.36	0.88	0.91		0.77	0.88	0.87	-0.76	-0.77
Net Working Capital	0.74	0.78	0.78	0.8	-0.65	0.75	0.9	0.68	0.27	0.97	0.81	-0.26	-0.28	0.67	-0.07	0.92	0.9	0.49	0.61	0.72	0.77		0.78	0.82	-0.9	-0.84
Other Stockholder Equity	0.94	0.74	0.94	0.96	-0.78	0.52	0.84	0.29	0.69	0.81	0.96	-0.31	0.23	0.93	0.2	0.78	0.92	0.53	0.94	0.97	0.88	0.78		0.99	-0.9	-0.91
Capital Stock	0.93	0.75	0.94	0.96	-0.79	0.59	0.89	0.34	0.62	0.85	0.96	-0.32	0.12	0.92	0.11	0.84	0.95	0.53	0.92	0.96	0.87	0.82	0.99		-0.93	-0.95
Short Long Term Debt Total	-0.79	-0.84	-0.82	-0.89	0.87	-0.6	-0.95	-0.43	-0.38	-0.93	-0.87	0.16	0.19	-0.75	0.18	-0.87	-0.95	-0.6	-0.73	-0.81	-0.76	-0.9	-0.9	-0.93		0.98
Long Term Debt	-0.82	-0.75	-0.85	-0.89	0.82	-0.58	-0.91	-0.39	-0.37	-0.86	-0.9	0.24	0.17	-0.79	0.18	-0.87	-0.96	-0.5	-0.77	-0.84	-0.77	-0.84	-0.91	-0.95	0.98

Click cells to compare fundamentals

Sailfish Royalty Account Relationship Matchups

Sailfish Royalty fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	51.0M	48.4M	42.5M	42.8M	49.2M	33.1M
Total Current Liabilities	325.3K	1.3M	1.2M	1.4M	1.7M	1.7M
Total Stockholder Equity	47.6M	47.1M	41.3M	37.4M	43.0M	30.0M
Net Tangible Assets	20.2M	38.6M	47.6M	47.1M	54.1M	56.9M
Retained Earnings	(3.4M)	(2.0M)	(6.8M)	(11.4M)	(10.3M)	(9.8M)
Accounts Payable	297.8K	1.3M	236.3K	197.1K	226.7K	315.4K
Cash	1.6M	3.7M	1.6M	2.6M	2.9M	3.1M
Net Receivables	245.6K	5.6M	5.3M	23.7K	27.2K	25.9K
Total Liab	3.4M	1.4M	1.2M	5.4M	6.2M	6.5M
Total Current Assets	1.8M	9.3M	6.9M	6.4M	7.4M	7.7M
Common Stock	31.2M	43.9M	42.6M	41.1M	47.3M	25.3M
Other Current Liab	188.1K	1.9K	5.5K	933.1K	839.8K	881.7K
Net Debt	1.6M	(3.6M)	(1.6M)	1.4M	1.3M	816.1K
Non Current Assets Total	49.2M	39.1M	35.5M	36.4M	41.8M	33.2M
Cash And Short Term Investments	274.4K	1.6M	3.7M	1.6M	1.9M	1.2M
Common Stock Shares Outstanding	67.0M	75.3M	72.0M	71.3M	82.0M	61.6M
Liabilities And Stockholders Equity	50.3M	51.0M	48.4M	42.5M	48.8M	35.7M
Non Current Liabilities Total	11.2M	3.1M	17.7K	3.9M	4.5M	2.5M
Other Current Assets	38.9K	75.7K	55.3K	106.2K	122.2K	128.3K
Property Plant And Equipment Net	49.2M	36.1M	35.5M	35.1M	40.4M	37.0M
Net Invested Capital	50.6M	47.1M	41.3M	41.4M	47.6M	41.5M
Net Working Capital	1.5M	8.0M	5.8M	5.0M	5.7M	3.7M
Other Stockholder Equity	6.2M	7.1M	6.5M	6.9M	7.9M	6.6M
Capital Stock	43.9M	42.6M	41.1M	41.8M	48.1M	39.1M
Property Plant And Equipment Gross	49.4M	37.3M	37.2M	37.3M	33.6M	33.7M

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 Sailfish Stock Analysis

When running Sailfish Royalty's price analysis, check to measure Sailfish Royalty'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 Sailfish Royalty is operating at the current time. Most of Sailfish Royalty's value examination focuses on studying past and present price action to predict the probability of Sailfish Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sailfish Royalty's price. Additionally, you may evaluate how the addition of Sailfish Royalty to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC