Hayward Net Receivables vs Current Deferred Revenue Analysis

HAYW Stock  USD 16.40  0.34  2.12%   
Hayward Holdings financial indicator trend analysis is much more than just examining Hayward Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hayward Holdings is a good investment. Please check the relationship between Hayward Holdings Net Receivables and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hayward 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 manufacturing.
For more information on how to buy Hayward Stock please use our How to Invest in Hayward Holdings guide.

Net Receivables vs Current Deferred Revenue

Net Receivables vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hayward Holdings Net Receivables account and Current Deferred Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Hayward Holdings' Net Receivables and Current Deferred Revenue is -0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Hayward Holdings, assuming nothing else is changed. The correlation between historical values of Hayward Holdings' Net Receivables and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Hayward Holdings are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Net Receivables i.e., Hayward Holdings' Net Receivables and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

-0.98
Relationship DirectionNegative 
Relationship StrengthSignificant

Net Receivables

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Hayward Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hayward 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 Hayward 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 manufacturing.
For more information on how to buy Hayward Stock please use our How to Invest in Hayward Holdings guide.At this time, Hayward Holdings' Tax Provision is fairly stable compared to the past year. Selling General Administrative is likely to climb to about 247.1 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 9.90 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense50.9M51.4M73.6M53.4M
Depreciation And Amortization57.8M57.6M53.1M59.6M

Hayward Holdings fundamental ratios Correlations

-0.740.90.890.93-0.920.930.93-0.71-0.880.850.730.790.70.890.54-0.850.80.780.770.91-0.970.880.870.97-0.98
-0.74-0.5-0.5-0.560.49-0.55-0.570.520.88-0.36-0.41-0.47-0.8-0.51-0.50.97-0.45-0.5-0.71-0.540.63-0.57-0.52-0.630.66
0.9-0.51.00.93-0.880.870.77-0.44-0.780.810.860.870.430.870.68-0.60.870.580.550.9-0.950.890.990.96-0.93
0.89-0.51.00.91-0.850.830.75-0.4-0.790.770.90.910.410.820.72-0.590.90.530.540.87-0.930.850.980.94-0.91
0.93-0.560.930.91-0.910.940.81-0.7-0.780.920.680.790.410.970.62-0.70.810.810.490.99-0.980.940.920.98-0.98
-0.920.49-0.88-0.85-0.91-0.98-0.940.690.63-0.96-0.6-0.64-0.6-0.93-0.30.63-0.67-0.8-0.71-0.930.94-0.92-0.84-0.930.95
0.93-0.550.870.830.94-0.980.91-0.74-0.670.970.540.620.580.970.35-0.680.640.850.660.97-0.960.960.850.95-0.97
0.93-0.570.770.750.81-0.940.91-0.77-0.670.880.60.630.730.810.21-0.720.670.820.840.83-0.880.770.70.86-0.9
-0.710.52-0.44-0.4-0.70.69-0.74-0.770.53-0.79-0.18-0.39-0.46-0.73-0.110.69-0.44-0.98-0.48-0.730.68-0.6-0.37-0.650.71
-0.880.88-0.78-0.79-0.780.63-0.67-0.670.53-0.54-0.75-0.83-0.61-0.67-0.780.92-0.81-0.56-0.62-0.720.82-0.68-0.76-0.830.82
0.85-0.360.810.770.92-0.960.970.88-0.79-0.540.490.590.410.960.27-0.540.630.890.520.95-0.910.890.770.89-0.91
0.73-0.410.860.90.68-0.60.540.6-0.18-0.750.490.960.320.520.76-0.480.940.260.480.59-0.720.540.810.75-0.69
0.79-0.470.870.910.79-0.640.620.63-0.39-0.830.590.960.260.630.83-0.571.00.460.40.71-0.80.610.820.82-0.77
0.7-0.80.430.410.41-0.60.580.73-0.46-0.610.410.320.260.430.04-0.80.260.450.970.43-0.550.50.410.53-0.6
0.89-0.510.870.820.97-0.930.970.81-0.73-0.670.960.520.630.430.45-0.650.650.850.490.99-0.950.980.860.95-0.95
0.54-0.50.680.720.62-0.30.350.21-0.11-0.780.270.760.830.040.45-0.50.790.190.070.52-0.580.490.710.62-0.54
-0.850.97-0.6-0.59-0.70.63-0.68-0.720.690.92-0.54-0.48-0.57-0.8-0.65-0.5-0.57-0.68-0.75-0.680.75-0.66-0.6-0.740.78
0.8-0.450.870.90.81-0.670.640.67-0.44-0.810.630.941.00.260.650.79-0.570.510.410.72-0.810.610.80.82-0.78
0.78-0.50.580.530.81-0.80.850.82-0.98-0.560.890.260.460.450.850.19-0.680.510.480.84-0.780.740.520.76-0.81
0.77-0.710.550.540.49-0.710.660.84-0.48-0.620.520.480.40.970.490.07-0.750.410.480.5-0.630.540.50.61-0.67
0.91-0.540.90.870.99-0.930.970.83-0.73-0.720.950.590.710.430.990.52-0.680.720.840.5-0.970.970.890.97-0.97
-0.970.63-0.95-0.93-0.980.94-0.96-0.880.680.82-0.91-0.72-0.8-0.55-0.95-0.580.75-0.81-0.78-0.63-0.97-0.95-0.93-1.01.0
0.88-0.570.890.850.94-0.920.960.77-0.6-0.680.890.540.610.50.980.49-0.660.610.740.540.97-0.950.910.94-0.95
0.87-0.520.990.980.92-0.840.850.7-0.37-0.760.770.810.820.410.860.71-0.60.80.520.50.89-0.930.910.95-0.91
0.97-0.630.960.940.98-0.930.950.86-0.65-0.830.890.750.820.530.950.62-0.740.820.760.610.97-1.00.940.95-0.99
-0.980.66-0.93-0.91-0.980.95-0.97-0.90.710.82-0.91-0.69-0.77-0.6-0.95-0.540.78-0.78-0.81-0.67-0.971.0-0.95-0.91-0.99
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Hayward Holdings Account Relationship Matchups

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