Lazydays Accounts Payable vs Other Current Liab Analysis

GORV Stock

USD 0.99 0.03 2.94%

Lazydays Holdings financial indicator trend analysis is infinitely more than just investigating Lazydays Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lazydays Holdings is a good investment. Please check the relationship between Lazydays Holdings Accounts Payable and its Other Current Liab accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Lazydays Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Lazydays Stock please use our How to Invest in Lazydays Holdings guide.

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lazydays Holdings Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have strong relationship.

The correlation between Lazydays Holdings' Accounts Payable and Other Current Liab is 0.61. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Lazydays Holdings, assuming nothing else is changed. The correlation between historical values of Lazydays Holdings' Accounts Payable and Other Current Liab 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 Lazydays Holdings are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Lazydays Holdings' Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Lazydays Holdings 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 Lazydays Holdings 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.

Other Current Liab

Most indicators from Lazydays Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lazydays Holdings 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Lazydays Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Lazydays Stock please use our How to Invest in Lazydays Holdings guide.At this time, Lazydays Holdings' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 754.6 M in 2024, despite the fact that Tax Provision is likely to grow to (28.9 M).

	2021	2022	2023	2024 (projected)
Interest Expense	8.5M	16.6M	34.9M	36.6M
Depreciation And Amortization	14.5M	16.8M	18.5M	16.6M

Interest Expense Depreciation And Amortization

Lazydays Holdings fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Long Term Debt
Total Assets		0.97	0.98	0.98	0.97	0.97	0.09	0.93	0.81	0.46	0.72	0.99	-0.39	-0.59	0.72	0.94	-0.08	0.74	0.85	0.97	-0.42	-0.01	1.0	1.0	0.96	0.72
Short Long Term Debt Total	0.97		0.92	0.99	0.88	0.98	-0.11	0.99	0.66	0.3	0.56	0.95	-0.19	-0.63	0.56	0.83	-0.26	0.59	0.73	0.98	-0.41	0.17	0.98	0.97	0.99	0.79
Other Current Liab	0.98	0.92		0.93	0.95	0.96	0.2	0.86	0.78	0.61	0.83	0.99	-0.49	-0.59	0.83	0.96	-0.06	0.8	0.93	0.9	-0.53	-0.08	0.97	0.96	0.89	0.71
Total Current Liabilities	0.98	0.99	0.93		0.91	0.97	-0.05	0.98	0.73	0.29	0.58	0.96	-0.25	-0.6	0.58	0.86	-0.18	0.6	0.74	0.99	-0.36	0.09	0.99	0.99	1.0	0.75
Total Stockholder Equity	0.97	0.88	0.95	0.91		0.87	0.3	0.81	0.92	0.55	0.81	0.96	-0.55	-0.49	0.81	0.98	0.14	0.83	0.89	0.9	-0.34	-0.17	0.95	0.96	0.87	0.58
Property Plant And Equipment Net	0.97	0.98	0.96	0.97	0.87		-0.04	0.96	0.64	0.41	0.64	0.97	-0.27	-0.64	0.64	0.85	-0.27	0.63	0.79	0.94	-0.51	0.11	0.98	0.96	0.96	0.8
Current Deferred Revenue	0.09	-0.11	0.2	-0.05	0.3	-0.04		-0.22	0.49	0.55	0.59	0.15	-0.93	0.49	0.59	0.37	0.89	0.45	0.37	-0.08	0.22	-0.71	0.03	0.06	-0.12	-0.49
Net Debt	0.93	0.99	0.86	0.98	0.81	0.96	-0.22		0.59	0.17	0.43	0.9	-0.08	-0.62	0.43	0.75	-0.33	0.49	0.63	0.98	-0.35	0.25	0.95	0.94	0.99	0.79
Retained Earnings	0.81	0.66	0.78	0.73	0.92	0.64	0.49	0.59		0.43	0.74	0.8	-0.7	-0.28	0.74	0.91	0.43	0.72	0.77	0.73	-0.07	-0.47	0.77	0.8	0.69	0.29
Accounts Payable	0.46	0.3	0.61	0.29	0.55	0.41	0.55	0.17	0.43		0.91	0.54	-0.61	-0.3	0.91	0.65	0.18	0.87	0.83	0.24	-0.65	-0.22	0.42	0.4	0.21	0.31
Cash	0.72	0.56	0.83	0.58	0.81	0.64	0.59	0.43	0.74	0.91		0.78	-0.76	-0.39	1.0	0.89	0.25	0.91	0.96	0.53	-0.55	-0.39	0.68	0.67	0.5	0.41
Non Current Assets Total	0.99	0.95	0.99	0.96	0.96	0.97	0.15	0.9	0.8	0.54	0.78		-0.45	-0.61	0.78	0.96	-0.08	0.77	0.9	0.93	-0.49	-0.07	0.99	0.98	0.93	0.73
Non Currrent Assets Other	-0.39	-0.19	-0.49	-0.25	-0.55	-0.27	-0.93	-0.08	-0.7	-0.61	-0.76	-0.45		-0.21	-0.76	-0.63	-0.74	-0.56	-0.6	-0.21	-0.04	0.77	-0.34	-0.35	-0.19	0.19
Other Assets	-0.59	-0.63	-0.59	-0.6	-0.49	-0.64	0.49	-0.62	-0.28	-0.3	-0.39	-0.61	-0.21		-0.39	-0.51	0.69	-0.4	-0.58	-0.57	0.82	-0.2	-0.62	-0.58	-0.59	-0.95
Cash And Short Term Investments	0.72	0.56	0.83	0.58	0.81	0.64	0.59	0.43	0.74	0.91	1.0	0.78	-0.76	-0.39		0.89	0.25	0.91	0.96	0.53	-0.55	-0.39	0.68	0.67	0.5	0.41
Net Receivables	0.94	0.83	0.96	0.86	0.98	0.85	0.37	0.75	0.91	0.65	0.89	0.96	-0.63	-0.51	0.89		0.15	0.85	0.95	0.84	-0.42	-0.28	0.92	0.92	0.82	0.57
Good Will	-0.08	-0.26	-0.06	-0.18	0.14	-0.27	0.89	-0.33	0.43	0.18	0.25	-0.08	-0.74	0.69	0.25	0.15		0.21	0.05	-0.16	0.6	-0.63	-0.14	-0.08	-0.22	-0.72
Common Stock Shares Outstanding	0.74	0.59	0.8	0.6	0.83	0.63	0.45	0.49	0.72	0.87	0.91	0.77	-0.56	-0.4	0.91	0.85	0.21		0.92	0.6	-0.52	-0.08	0.7	0.71	0.54	0.45
Non Current Liabilities Total	0.85	0.73	0.93	0.74	0.89	0.79	0.37	0.63	0.77	0.83	0.96	0.9	-0.6	-0.58	0.96	0.95	0.05	0.92		0.7	-0.65	-0.23	0.83	0.81	0.68	0.62
Inventory	0.97	0.98	0.9	0.99	0.9	0.94	-0.08	0.98	0.73	0.24	0.53	0.93	-0.21	-0.57	0.53	0.84	-0.16	0.6	0.7		-0.29	0.14	0.97	0.98	0.99	0.72
Other Current Assets	-0.42	-0.41	-0.53	-0.36	-0.34	-0.51	0.22	-0.35	-0.07	-0.65	-0.55	-0.49	-0.04	0.82	-0.55	-0.42	0.6	-0.52	-0.65	-0.29		-0.18	-0.43	-0.37	-0.31	-0.8
Other Stockholder Equity	-0.01	0.17	-0.08	0.09	-0.17	0.11	-0.71	0.25	-0.47	-0.22	-0.39	-0.07	0.77	-0.2	-0.39	-0.28	-0.63	-0.08	-0.23	0.14	-0.18		0.03	0.03	0.14	0.35
Total Liab	1.0	0.98	0.97	0.99	0.95	0.98	0.03	0.95	0.77	0.42	0.68	0.99	-0.34	-0.62	0.68	0.92	-0.14	0.7	0.83	0.97	-0.43	0.03		0.99	0.97	0.76
Total Current Assets	1.0	0.97	0.96	0.99	0.96	0.96	0.06	0.94	0.8	0.4	0.67	0.98	-0.35	-0.58	0.67	0.92	-0.08	0.71	0.81	0.98	-0.37	0.03	0.99		0.97	0.71
Short Term Debt	0.96	0.99	0.89	1.0	0.87	0.96	-0.12	0.99	0.69	0.21	0.5	0.93	-0.19	-0.59	0.5	0.82	-0.22	0.54	0.68	0.99	-0.31	0.14	0.97	0.97		0.75
Long Term Debt	0.72	0.79	0.71	0.75	0.58	0.8	-0.49	0.79	0.29	0.31	0.41	0.73	0.19	-0.95	0.41	0.57	-0.72	0.45	0.62	0.72	-0.8	0.35	0.76	0.71	0.75

Click cells to compare fundamentals

Lazydays Holdings Account Relationship Matchups

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 Lazydays Stock Analysis

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

Lazydays Accounts Payable vs Other Current Liab Analysis

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

Correlation Coefficient

Accounts Payable

Other Current Liab

Lazydays Holdings fundamental ratios Correlations

Lazydays Holdings Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Lazydays Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Short Term Debt	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Short Long Term Debt Total

Long Term Debt	- 0.95	Other Assets
Non Currrent Assets Other	- 0.93	Current Deferred Revenue
Long Term Debt	- 0.8	Other Current Assets
Cash And Short Term Investments	- 0.76	Non Currrent Assets Other
Non Currrent Assets Other	- 0.76	Cash
Good Will	- 0.74	Non Currrent Assets Other