| MCHX Stock | | | USD 1.70 0.03 1.80% |
Marchex financial indicator trend analysis is infinitely more than just investigating Marchex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marchex is a good investment. Please check the relationship between Marchex Net Working Capital and its Accounts Payable accounts. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marchex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Marchex Stock please use our
How to Invest in Marchex guide.
Net Working Capital vs Accounts Payable
Net Working Capital vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Marchex Net Working Capital account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Marchex's Net Working Capital and Accounts Payable is 0.71. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Marchex, assuming nothing else is changed. The correlation between historical values of Marchex's Net Working Capital 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 Working Capital of Marchex 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 Working Capital i.e., Marchex's Net Working Capital and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.71 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Working Capital
Accounts Payable
An accounting item on the balance sheet that represents Marchex 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 Marchex 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 Marchex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marchex 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 Marchex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in rate.
For more information on how to buy Marchex Stock please use our
How to Invest in Marchex guide.At this time, Marchex's
Discontinued Operations is fairly stable compared to the past year.
Tax Provision is likely to rise to about 168
K in 2024, whereas
Selling General Administrative is likely to drop slightly above 9.7
M in 2024.
Marchex fundamental ratios Correlations
Click cells to compare fundamentals
Marchex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Marchex fundamental ratios Accounts
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Additional Tools for Marchex Stock Analysis
When running Marchex's price analysis, check to
measure Marchex's 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 Marchex is operating at the current time. Most of Marchex's value examination focuses on studying past and present price action to
predict the probability of Marchex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marchex's price. Additionally, you may evaluate how the addition of Marchex to your portfolios can decrease your overall portfolio volatility.