Marex Accounts Payable vs Inventory Analysis
MRX Stock | 28.95 0.23 0.79% |
Marex Group financial indicator trend analysis is infinitely more than just investigating Marex Group plc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marex Group plc is a good investment. Please check the relationship between Marex Group Accounts Payable and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marex Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Accounts Payable vs Inventory
Accounts Payable vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marex Group plc Accounts Payable account and Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Marex Group's Accounts Payable and Inventory is 0.28. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Marex Group plc, assuming nothing else is changed. The correlation between historical values of Marex Group's Accounts Payable and Inventory 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 Marex Group plc are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Marex Group's Accounts Payable and Inventory go up and down completely randomly.
Correlation Coefficient | 0.28 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Marex Group 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 Marex Group plc 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.Inventory
Most indicators from Marex Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marex Group plc 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 Marex Group plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Enterprise Value is likely to rise to about 3.2 B in 2024, whereas Tax Provision is likely to drop slightly above 33.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 825.3M | 1.0B | 564.6M | 631.5M | Total Revenue | 825.3M | 1.0B | 1.9B | 1.2B |
Marex Group fundamental ratios Correlations
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Marex Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Marex Group's price analysis, check to measure Marex Group'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 Marex Group is operating at the current time. Most of Marex Group's value examination focuses on studying past and present price action to predict the probability of Marex Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marex Group's price. Additionally, you may evaluate how the addition of Marex Group to your portfolios can decrease your overall portfolio volatility.