LVLU Stock | | | USD 1.23 0.03 2.38% |
Lulus Fashion financial indicator trend analysis is infinitely more than just investigating Lulus Fashion Lounge recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lulus Fashion Lounge is a good investment. Please check the relationship between Lulus Fashion Accounts Payable and its Other Current Assets accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lulus Fashion Lounge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Accounts Payable vs Other Current Assets
Accounts Payable vs Other Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Lulus Fashion Lounge Accounts Payable account and
Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Lulus Fashion's Accounts Payable and Other Current Assets is -0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Lulus Fashion Lounge, assuming nothing else is changed. The correlation between historical values of Lulus Fashion's Accounts Payable and Other Current Assets 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 Lulus Fashion Lounge are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Lulus Fashion's Accounts Payable and Other Current Assets go up and down completely randomly.
Correlation Coefficient | -0.48 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Lulus Fashion 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 Lulus Fashion Lounge 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 Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Lulus Fashion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lulus Fashion Lounge 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 Lulus Fashion Lounge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Selling General Administrative is likely to gain to about 92.3
M in 2024, despite the fact that
Tax Provision is likely to grow to (1.6
M).
Lulus Fashion fundamental ratios Correlations
Click cells to compare fundamentals
Lulus Fashion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lulus Fashion fundamental ratios Accounts
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Additional Tools for Lulus Stock Analysis
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