Lancaster Other Current Liab vs Accounts Payable Analysis

LANC Stock  USD 186.38  4.40  2.42%   
Lancaster Colony financial indicator trend analysis is infinitely more than just investigating Lancaster Colony recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lancaster Colony is a good investment. Please check the relationship between Lancaster Colony Other Current Liab and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lancaster Colony. 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.
For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lancaster Colony Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Lancaster Colony's Other Current Liab and Accounts Payable is 0.55. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Lancaster Colony, assuming nothing else is changed. The correlation between historical values of Lancaster Colony's Other Current Liab 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 Other Current Liab of Lancaster Colony 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 Other Current Liab i.e., Lancaster Colony's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Lancaster Colony 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 Lancaster Colony 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 Lancaster Colony's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lancaster Colony 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lancaster Colony. 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.
For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.At present, Lancaster Colony's Enterprise Value Multiple is projected to increase based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 3.9 B, whereas Selling General Administrative is forecasted to decline to about 7.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit355.7M388.6M432.0M288.0M
Total Revenue1.7B1.8B1.9B1.1B

Lancaster Colony fundamental ratios Correlations

0.030.310.870.990.71-0.20.880.30.83-0.310.30.75-0.590.740.660.09-0.650.860.610.81-0.370.750.150.950.95
0.030.80.48-0.110.360.82-0.42-0.650.19-0.66-0.650.330.730.610.51-0.530.660.540.42-0.280.90.4-0.29-0.11-0.16
0.310.80.640.180.450.46-0.12-0.270.43-0.67-0.270.340.450.740.42-0.390.370.690.40.040.590.550.080.120.09
0.870.480.640.790.810.240.56-0.090.83-0.62-0.090.85-0.180.880.82-0.16-0.260.990.740.550.10.880.00.750.74
0.99-0.110.180.790.65-0.320.940.40.79-0.220.40.7-0.70.640.580.18-0.740.770.550.85-0.50.690.180.960.97
0.710.360.450.810.650.20.45-0.190.94-0.58-0.190.82-0.310.620.740.05-0.40.770.980.510.060.96-0.320.680.69
-0.20.820.460.24-0.320.2-0.55-0.950.01-0.48-0.960.330.740.330.4-0.590.70.270.31-0.620.870.2-0.34-0.28-0.31
0.88-0.42-0.120.560.940.45-0.550.570.620.040.570.51-0.870.380.390.36-0.890.520.350.86-0.760.460.220.910.93
0.3-0.65-0.27-0.090.4-0.19-0.950.570.00.371.0-0.3-0.64-0.13-0.290.5-0.6-0.09-0.310.69-0.77-0.160.370.340.35
0.830.190.430.830.790.940.010.620.0-0.450.00.83-0.470.660.60.03-0.550.80.880.6-0.150.950.010.790.81
-0.31-0.66-0.67-0.62-0.22-0.58-0.480.040.37-0.450.37-0.55-0.29-0.47-0.560.11-0.22-0.59-0.57-0.12-0.49-0.620.33-0.14-0.12
0.3-0.65-0.27-0.090.4-0.19-0.960.571.00.00.37-0.3-0.64-0.13-0.290.5-0.61-0.09-0.310.69-0.77-0.160.370.340.35
0.750.330.340.850.70.820.330.51-0.30.83-0.55-0.3-0.250.670.76-0.1-0.320.80.80.410.050.86-0.110.640.67
-0.590.730.45-0.18-0.7-0.310.74-0.87-0.64-0.47-0.29-0.64-0.250.05-0.07-0.590.99-0.12-0.22-0.760.93-0.26-0.13-0.71-0.75
0.740.610.740.880.640.620.330.38-0.130.66-0.47-0.130.670.050.67-0.34-0.030.940.570.350.250.680.160.610.58
0.660.510.420.820.580.740.40.39-0.290.6-0.56-0.290.76-0.070.67-0.11-0.140.810.760.430.220.72-0.470.610.57
0.09-0.53-0.39-0.160.180.05-0.590.360.50.030.110.5-0.1-0.59-0.34-0.11-0.57-0.22-0.010.49-0.59-0.05-0.270.140.17
-0.650.660.37-0.26-0.74-0.40.7-0.89-0.6-0.55-0.22-0.61-0.320.99-0.03-0.14-0.57-0.2-0.31-0.780.89-0.35-0.11-0.76-0.79
0.860.540.690.990.770.770.270.52-0.090.8-0.59-0.090.8-0.120.940.81-0.22-0.20.720.520.150.840.020.740.71
0.610.420.40.740.550.980.310.35-0.310.88-0.57-0.310.8-0.220.570.76-0.01-0.310.720.40.150.92-0.420.610.61
0.81-0.280.040.550.850.51-0.620.860.690.6-0.120.690.41-0.760.350.430.49-0.780.520.4-0.610.520.020.80.8
-0.370.90.590.1-0.50.060.87-0.76-0.77-0.15-0.49-0.770.050.930.250.22-0.590.890.150.15-0.610.09-0.31-0.49-0.53
0.750.40.550.880.690.960.20.46-0.160.95-0.62-0.160.86-0.260.680.72-0.05-0.350.840.920.520.09-0.140.670.68
0.15-0.290.080.00.18-0.32-0.340.220.370.010.330.37-0.11-0.130.16-0.47-0.27-0.110.02-0.420.02-0.31-0.140.080.12
0.95-0.110.120.750.960.68-0.280.910.340.79-0.140.340.64-0.710.610.610.14-0.760.740.610.8-0.490.670.080.99
0.95-0.160.090.740.970.69-0.310.930.350.81-0.120.350.67-0.750.580.570.17-0.790.710.610.8-0.530.680.120.99
Click cells to compare fundamentals

Lancaster Colony Account Relationship Matchups

Lancaster Colony fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets993.4M1.1B1.1B1.1B1.2B664.6M
Short Long Term Debt Total24.7M33.3M36.2M30.0M57.7M32.8M
Other Current Liab48.1M52.5M37.6M44.2M50.0M44.7M
Total Current Liabilities126.3M173.9M165.6M168.8M184.0M105.3M
Total Stockholder Equity783.3M843.1M844.7M862.3M925.8M504.0M
Property Plant And Equipment Net293.3M364.6M451.4M506.9M532.8M559.5M
Net Debt(173.6M)(154.8M)(24.1M)(58.5M)(105.8M)(100.5M)
Retained Earnings1.4B1.5B1.5B1.5B1.6B879.0M
Cash198.3M188.1M60.3M88.5M163.4M86.4M
Non Current Assets Total607.7M677.8M738.6M738.5M762.9M801.1M
Non Currrent Assets Other40.9M46.0M7.6M18.4M21.7M20.7M
Cash And Short Term Investments198.3M188.1M60.3M88.5M163.4M89.4M
Net Receivables86.6M97.9M135.5M115.0M95.6M92.4M
Common Stock Shares Outstanding27.5M27.5M27.5M27.5M27.5M28.4M
Liabilities And Stockholders Equity993.4M1.1B1.1B1.1B1.3B665.4M
Non Current Liabilities Total83.8M84.2M80.1M82.0M97.2M54.9M
Inventory85.0M121.9M144.7M158.3M173.3M99.1M
Other Current Assets15.7M15.7M11.3M12.8M11.7M16.8M
Other Stockholder Equity(750.9M)(759.4M)(767M)(776.2M)(783.8M)(744.7M)
Total Liab210.1M258.1M245.7M250.7M296.7M160.6M
Property Plant And Equipment Gross316.3M387.1M785.6M853.7M932.7M979.3M
Total Current Assets385.6M423.5M351.8M374.5M444.0M334.8M
Accumulated Other Comprehensive Income(12.1M)(8.3M)(11.2M)(9.4M)(8.6M)(9.1M)
Accounts Payable71.4M110.3M115.0M111.8M118.8M124.8M
Intangible Assets65.2M58.8M32.3M4.8M4.4M4.1M
Common Stock Total Equity125.2M128.6M137.8M143.9M165.5M104.3M
Common Stock125.2M128.6M137.8M143.9M153.6M106.8M
Other Liab64.3M67.0M55.3M62.8M72.2M37.0M
Other Assets17.9M23.6M18.4M18.4M15.5M12.7M
Treasury Stock(750.9M)(759.4M)(767M)(776.2M)(698.6M)(733.5M)
Property Plant Equipment316.3M387.1M451.4M482.2M554.5M582.3M
Net Tangible Assets509.7M576.0M624.5M666.0M765.9M511.0M
Retained Earnings Total Equity1.4B1.5B1.5B1.5B1.7B1.4B
Deferred Long Term Liab34.2M38.7M38.9M47.3M54.4M29.4M
Non Current Liabilities Other11.9M4.2M20.7M1.1M1.7M1.6M
Accumulated Depreciation(282.2M)(311.6M)(334.3M)(371.5M)(334.4M)(351.1M)
Net Invested Capital783.3M843.1M844.7M862.3M925.8M854.5M
Net Working Capital259.4M249.6M186.2M205.7M260.0M191.9M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Lancaster Colony offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lancaster Colony's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lancaster Colony Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lancaster Colony Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lancaster Colony. 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.
For information on how to trade Lancaster Stock refer to our How to Trade Lancaster Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lancaster Colony. If investors know Lancaster will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lancaster Colony listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.043
Dividend Share
3.6
Earnings Share
5.8
Revenue Per Share
68.39
Quarterly Revenue Growth
0.202
The market value of Lancaster Colony is measured differently than its book value, which is the value of Lancaster that is recorded on the company's balance sheet. Investors also form their own opinion of Lancaster Colony's value that differs from its market value or its book value, called intrinsic value, which is Lancaster Colony's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lancaster Colony's market value can be influenced by many factors that don't directly affect Lancaster Colony's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lancaster Colony's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lancaster Colony is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lancaster Colony's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.