Fox Inventory vs Accounts Payable Analysis

FOX Stock  USD 52.39  0.22  0.42%   
Fox Corp financial indicator trend analysis is much more than just examining Fox Corp Class latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fox Corp Class is a good investment. Please check the relationship between Fox Corp Inventory and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Corp Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Corp Class Inventory account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Fox Corp's Inventory and Accounts Payable is -0.65. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Fox Corp Class, assuming nothing else is changed. The correlation between historical values of Fox Corp's Inventory 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 Inventory of Fox Corp Class 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 Inventory i.e., Fox Corp's Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Inventory

Accounts Payable

An accounting item on the balance sheet that represents Fox Corp 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 Fox Corp Class 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 Fox Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fox Corp Class 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 Fox Corp Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, Fox Corp's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 10.32 in 2025, despite the fact that Discontinued Operations is likely to grow to (10.3 M).
 2022 2023 2024 2025 (projected)
Income Before Tax1.7B2.1B1.9B2.4B
Total Operating Expenses12.1B2.0B1.8B1.7B

Fox Corp fundamental ratios Correlations

0.660.980.970.94-0.93-0.16-0.60.66-0.30.630.880.980.890.880.610.96-0.920.010.780.980.790.96-0.450.84
0.660.730.620.71-0.710.28-0.820.22-0.470.650.650.690.650.620.420.72-0.77-0.030.540.620.560.69-0.040.42
0.980.730.940.94-0.96-0.09-0.680.56-0.440.690.90.990.90.890.670.96-0.93-0.090.830.940.840.94-0.360.85
0.970.620.940.87-0.86-0.13-0.560.76-0.290.560.920.940.920.920.630.89-0.83-0.050.790.970.790.88-0.430.86
0.940.710.940.87-0.980.05-0.730.45-0.430.830.80.950.840.80.60.98-0.950.010.740.90.740.97-0.180.74
-0.93-0.71-0.96-0.86-0.980.030.75-0.370.55-0.81-0.84-0.97-0.87-0.84-0.72-0.960.930.15-0.84-0.86-0.85-0.930.2-0.82
-0.160.28-0.09-0.130.050.03-0.37-0.25-0.370.5-0.08-0.09-0.05-0.12-0.18-0.02-0.080.1-0.2-0.11-0.190.020.83-0.37
-0.6-0.82-0.68-0.56-0.730.75-0.37-0.010.71-0.82-0.64-0.71-0.66-0.62-0.65-0.670.690.33-0.68-0.52-0.69-0.64-0.26-0.45
0.660.220.560.760.45-0.37-0.25-0.010.30.060.590.520.560.60.120.51-0.470.330.30.770.30.56-0.630.52
-0.3-0.47-0.44-0.29-0.430.55-0.370.710.3-0.67-0.53-0.49-0.55-0.51-0.77-0.330.350.73-0.69-0.16-0.7-0.27-0.48-0.47
0.630.650.690.560.83-0.810.5-0.820.06-0.670.610.730.670.60.510.75-0.8-0.10.560.590.570.760.360.43
0.880.650.90.920.8-0.84-0.08-0.640.59-0.530.610.911.01.00.780.78-0.77-0.310.880.840.880.77-0.290.86
0.980.690.990.940.95-0.97-0.09-0.710.52-0.490.730.910.930.910.740.95-0.92-0.160.870.920.880.93-0.310.87
0.890.650.90.920.84-0.87-0.05-0.660.56-0.550.671.00.931.00.780.8-0.79-0.30.880.840.880.8-0.250.86
0.880.620.890.920.8-0.84-0.12-0.620.6-0.510.61.00.911.00.780.78-0.76-0.310.880.840.880.77-0.310.88
0.610.420.670.630.6-0.72-0.18-0.650.12-0.770.510.780.740.780.780.54-0.45-0.770.960.480.960.46-0.060.85
0.960.720.960.890.98-0.96-0.02-0.670.51-0.330.750.780.950.80.780.54-0.970.10.710.940.710.99-0.30.74
-0.92-0.77-0.93-0.83-0.950.93-0.080.69-0.470.35-0.8-0.77-0.92-0.79-0.76-0.45-0.97-0.16-0.63-0.9-0.64-0.980.25-0.64
0.01-0.03-0.09-0.050.010.150.10.330.330.73-0.1-0.31-0.16-0.3-0.31-0.770.1-0.16-0.610.16-0.610.19-0.23-0.42
0.780.540.830.790.74-0.84-0.2-0.680.3-0.690.560.880.870.880.880.960.71-0.63-0.610.671.00.64-0.210.94
0.980.620.940.970.9-0.86-0.11-0.520.77-0.160.590.840.920.840.840.480.94-0.90.160.670.670.95-0.460.76
0.790.560.840.790.74-0.85-0.19-0.690.3-0.70.570.880.880.880.880.960.71-0.64-0.611.00.670.64-0.20.93
0.960.690.940.880.97-0.930.02-0.640.56-0.270.760.770.930.80.770.460.99-0.980.190.640.950.64-0.30.68
-0.45-0.04-0.36-0.43-0.180.20.83-0.26-0.63-0.480.36-0.29-0.31-0.25-0.31-0.06-0.30.25-0.23-0.21-0.46-0.2-0.3-0.44
0.840.420.850.860.74-0.82-0.37-0.450.52-0.470.430.860.870.860.880.850.74-0.64-0.420.940.760.930.68-0.44
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Fox Corp Account Relationship Matchups

Fox Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets22.9B22.2B21.9B22.0B19.8B22.3B
Other Current Liab1.3B1.3B1.5B2.1B1.9B1.3B
Total Current Liabilities3.0B2.3B3.8B3.0B2.7B3.1B
Total Stockholder Equity11.1B11.3B10.4B10.7B9.6B9.3B
Other Liab1.0B1.3B1.1B559M503.1M477.9M
Net Tangible Assets3.3B4.5B4.6B3.9B4.5B4.8B
Retained Earnings2.0B2.5B2.3B3.1B2.8B2.7B
Accounts Payable659M686M785M683M785.5M576.8M
Cash5.9B5.2B4.3B4.3B3.9B3.5B
Other Assets4.8B5.9B5.5B3.6B4.2B4.0B
Long Term Debt7.2B7.2B6.0B6.6B5.9B9.9B
Net Receivables2.0B2.1B2.2B2.4B2.1B2.3B
Good Will3.4B3.6B3.6B3.5B3.2B5.0B
Inventory729M791M543M626M563.4M737.7M
Other Current Assets105M162M265M192M172.8M164.2M
Other Stockholder Equity9.5B9.1B8.3B7.7B8.8B6.6B
Total Liab11.8B10.8B11.4B10.9B9.8B10.0B
Total Current Assets8.7B8.3B7.3B7.5B6.8B7.4B
Accumulated Other Comprehensive Income(318M)(226M)(149M)(107M)(96.3M)(91.5M)
Short Term Debt841M107M1.3B675M607.5M577.1M
Intangible Assets3.2B3.2B3.1B3.0B2.7B3.7B
Property Plant Equipment1.3B2.0B1.7B1.7B1.5B1.4B
Long Term Investments899M578M1.0B1.1B1.0B1.1B
Common Stock Shares Outstanding595M570M531M480M432M468.7M
Property Plant And Equipment Net1.5B1.7B1.7B2.6B3.0B1.8B
Current Deferred Revenue196M209M160M180M207M184.4M
Net Debt2.1B2.1B2.9B3.8B4.4B4.6B
Non Current Assets Total14.2B13.9B14.6B14.5B16.6B13.7B
Non Currrent Assets Other1.2B1.5B2.1B1.3B1.5B1.2B
Cash And Short Term Investments5.9B5.2B4.3B4.3B5.0B4.1B
Liabilities And Stockholders Equity22.9B22.2B21.9B22.0B25.3B21.1B
Non Current Liabilities Total8.8B8.5B7.7B8.0B9.2B7.5B
Net Invested Capital19.1B18.5B17.6B17.9B20.6B17.0B
Property Plant And Equipment Gross2.2B3.9B4.6B4.8B5.5B2.9B

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