Nippon Accounts Payable vs Net Receivables Analysis
| NAVF Stock | 188.00 2.00 1.05% |
Nippon Active financial indicator trend analysis is infinitely more than just investigating Nippon Active Value recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nippon Active Value is a good investment. Please check the relationship between Nippon Active Accounts Payable and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nippon Active Value. 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.
Accounts Payable vs Net Receivables
Accounts Payable vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Nippon Active Value Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Nippon Active's Accounts Payable and Net Receivables is 0.42. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Nippon Active Value, assuming nothing else is changed. The correlation between historical values of Nippon Active's Accounts Payable and Net Receivables 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 Nippon Active Value are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., Nippon Active's Accounts Payable and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.42 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Nippon Active 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 Nippon Active Value 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.Net Receivables
Most indicators from Nippon Active's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nippon Active Value 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 Nippon Active Value. 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. Tax Provision is likely to drop to about 440 K in 2024. Selling General Administrative is likely to drop to about 970.8 K in 2024
| 2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 236.6K | 228.5K | 167.9K | 167.8K | Tax Provision | 351K | 549K | 498K | 440K |
Nippon Active fundamental ratios Correlations
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Nippon Active Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Nippon Active's price analysis, check to measure Nippon Active'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 Nippon Active is operating at the current time. Most of Nippon Active's value examination focuses on studying past and present price action to predict the probability of Nippon Active's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nippon Active's price. Additionally, you may evaluate how the addition of Nippon Active to your portfolios can decrease your overall portfolio volatility.