MARUTI Stock | | | 11,074 124.35 1.14% |
Maruti Suzuki financial indicator trend analysis is infinitely more than just investigating Maruti Suzuki India recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Maruti Suzuki India is a good investment. Please check the relationship between Maruti Suzuki Net Receivables and its Accounts Payable accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maruti Suzuki India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Net Receivables vs Accounts Payable
Net Receivables vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Maruti Suzuki India Net Receivables account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Maruti Suzuki's Net Receivables and Accounts Payable is 0.63. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Maruti Suzuki India, assuming nothing else is changed. The correlation between historical values of Maruti Suzuki's Net Receivables 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 Net Receivables of Maruti Suzuki India 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 Net Receivables i.e., Maruti Suzuki's Net Receivables and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.63 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Accounts Payable
An accounting item on the balance sheet that represents Maruti Suzuki 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 Maruti Suzuki India 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 Maruti Suzuki's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Maruti Suzuki India 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 Maruti Suzuki India. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
The current year's
Selling General Administrative is expected to grow to about 66.5
B. The current year's
Tax Provision is expected to grow to about 41.3
BMaruti Suzuki fundamental ratios Correlations
Click cells to compare fundamentals
Maruti Suzuki Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Maruti Suzuki fundamental ratios Accounts
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Other Information on Investing in Maruti Stock
Balance Sheet is a snapshot of the
financial position of Maruti Suzuki India at a specified time, usually calculated after every quarter, six months, or one year. Maruti Suzuki Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Maruti Suzuki and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Maruti currently owns. An asset can also be divided into two categories, current and non-current.