Nordson Net Receivables vs Accounts Payable Analysis

NDSN Stock

USD 256.58 4.02 1.59%

Nordson financial indicator trend analysis is infinitely more than just investigating Nordson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Nordson is a good investment. Please check the relationship between Nordson Net Receivables and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Nordson Stock, please use our How to Invest in Nordson guide.

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 Nordson Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Nordson's Net Receivables and Accounts Payable is 0.98. 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 Nordson, assuming nothing else is changed. The correlation between historical values of Nordson'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 Nordson 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., Nordson's Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Nordson 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 Nordson 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 Nordson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Nordson 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 Nordson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Nordson Stock, please use our How to Invest in Nordson guide.As of the 22nd of November 2024, Issuance Of Capital Stock is likely to grow to about 21.5 M, while Selling General Administrative is likely to drop about 465.8 M.

	2021	2022	2023	2024 (projected)
Total Revenue	2.6B	2.6B	3.0B	3.2B
Interest Expense	20.4M	59.5M	68.4M	71.9M

Total Revenue Interest Expense

Nordson fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Property Plant And Equipment Gross	Common Stock
Total Assets		0.91	0.79	0.81	0.96	0.99	0.86	0.98	0.55	1.0	-0.12	0.55	0.96	-0.8	0.9	0.99	0.5	-0.82	0.95	0.98	0.33	0.95	0.97	-0.68	0.9	-0.67
Short Long Term Debt Total	0.91		0.77	0.67	0.77	0.93	0.99	0.81	0.26	0.92	0.07	0.26	0.89	-0.76	0.98	0.86	0.15	-0.73	0.98	0.83	0.22	0.97	0.87	-0.68	0.68	-0.67
Other Current Liab	0.79	0.77		0.77	0.68	0.81	0.73	0.77	0.46	0.77	0.31	0.46	0.92	-0.97	0.78	0.77	0.44	-0.87	0.84	0.84	0.38	0.76	0.88	-0.39	0.58	-0.39
Total Current Liabilities	0.81	0.67	0.77		0.81	0.78	0.63	0.83	0.47	0.8	0.01	0.47	0.85	-0.73	0.58	0.84	0.57	-0.79	0.74	0.84	0.8	0.74	0.88	-0.46	0.78	-0.45
Total Stockholder Equity	0.96	0.77	0.68	0.81		0.93	0.71	0.99	0.65	0.96	-0.27	0.65	0.89	-0.7	0.76	0.97	0.63	-0.77	0.84	0.96	0.35	0.86	0.92	-0.65	0.97	-0.64
Property Plant And Equipment Net	0.99	0.93	0.81	0.78	0.93		0.88	0.96	0.54	0.99	-0.01	0.54	0.97	-0.82	0.92	0.96	0.42	-0.84	0.96	0.96	0.3	0.96	0.96	-0.66	0.85	-0.65
Net Debt	0.86	0.99	0.73	0.63	0.71	0.88		0.76	0.14	0.88	0.07	0.14	0.84	-0.71	0.96	0.82	0.07	-0.67	0.96	0.76	0.2	0.95	0.83	-0.68	0.62	-0.67
Retained Earnings	0.98	0.81	0.77	0.83	0.99	0.96	0.76		0.65	0.97	-0.16	0.65	0.94	-0.78	0.8	0.98	0.61	-0.85	0.88	0.98	0.37	0.88	0.95	-0.63	0.94	-0.63
Cash	0.55	0.26	0.46	0.47	0.65	0.54	0.14	0.65		0.52	-0.05	1.0	0.55	-0.5	0.32	0.52	0.7	-0.59	0.39	0.68	0.21	0.37	0.51	-0.14	0.63	-0.14
Non Current Assets Total	1.0	0.92	0.77	0.8	0.96	0.99	0.88	0.97	0.52		-0.14	0.52	0.95	-0.77	0.91	0.98	0.46	-0.8	0.96	0.96	0.31	0.97	0.96	-0.7	0.89	-0.69
Non Currrent Assets Other	-0.12	0.07	0.31	0.01	-0.27	-0.01	0.07	-0.16	-0.05	-0.14		-0.05	0.09	-0.23	0.06	-0.2	-0.34	-0.2	0.06	-0.07	0.16	-0.01	-0.04	0.34	-0.39	0.34
Cash And Short Term Investments	0.55	0.26	0.46	0.47	0.65	0.54	0.14	0.65	1.0	0.52	-0.05		0.55	-0.5	0.32	0.52	0.7	-0.59	0.39	0.68	0.21	0.37	0.51	-0.14	0.63	-0.14
Net Receivables	0.96	0.89	0.92	0.85	0.89	0.97	0.84	0.94	0.55	0.95	0.09	0.55		-0.92	0.88	0.94	0.49	-0.9	0.95	0.97	0.41	0.92	0.98	-0.58	0.8	-0.57
Common Stock Shares Outstanding	-0.8	-0.76	-0.97	-0.73	-0.7	-0.82	-0.71	-0.78	-0.5	-0.77	-0.23	-0.5	-0.92		-0.79	-0.78	-0.51	0.89	-0.84	-0.86	-0.34	-0.75	-0.87	0.34	-0.58	0.41
Non Current Liabilities Total	0.9	0.98	0.78	0.58	0.76	0.92	0.96	0.8	0.32	0.91	0.06	0.32	0.88	-0.79		0.84	0.18	-0.73	0.98	0.83	0.07	0.95	0.85	-0.65	0.65	-0.65
Inventory	0.99	0.86	0.77	0.84	0.97	0.96	0.82	0.98	0.52	0.98	-0.2	0.52	0.94	-0.78	0.84		0.56	-0.82	0.91	0.97	0.37	0.91	0.97	-0.69	0.93	-0.69
Other Current Assets	0.5	0.15	0.44	0.57	0.63	0.42	0.07	0.61	0.7	0.46	-0.34	0.7	0.49	-0.51	0.18	0.56		-0.55	0.3	0.62	0.38	0.28	0.54	-0.05	0.66	-0.22
Other Stockholder Equity	-0.82	-0.73	-0.87	-0.79	-0.77	-0.84	-0.67	-0.85	-0.59	-0.8	-0.2	-0.59	-0.9	0.89	-0.73	-0.82	-0.55		-0.81	-0.88	-0.44	-0.73	-0.85	0.28	-0.71	0.31
Total Liab	0.95	0.98	0.84	0.74	0.84	0.96	0.96	0.88	0.39	0.96	0.06	0.39	0.95	-0.84	0.98	0.91	0.3	-0.81		0.91	0.27	0.98	0.93	-0.66	0.74	-0.65
Total Current Assets	0.98	0.83	0.84	0.84	0.96	0.96	0.76	0.98	0.68	0.96	-0.07	0.68	0.97	-0.86	0.83	0.97	0.62	-0.88	0.91		0.38	0.89	0.97	-0.59	0.89	-0.59
Short Term Debt	0.33	0.22	0.38	0.8	0.35	0.3	0.2	0.37	0.21	0.31	0.16	0.21	0.41	-0.34	0.07	0.37	0.38	-0.44	0.27	0.38		0.28	0.42	-0.01	0.35	-0.08
Intangible Assets	0.95	0.97	0.76	0.74	0.86	0.96	0.95	0.88	0.37	0.97	-0.01	0.37	0.92	-0.75	0.95	0.91	0.28	-0.73	0.98	0.89	0.28		0.91	-0.68	0.77	-0.68
Accounts Payable	0.97	0.87	0.88	0.88	0.92	0.96	0.83	0.95	0.51	0.96	-0.04	0.51	0.98	-0.87	0.85	0.97	0.54	-0.85	0.93	0.97	0.42	0.91		-0.64	0.87	-0.63
Common Stock Total Equity	-0.68	-0.68	-0.39	-0.46	-0.65	-0.66	-0.68	-0.63	-0.14	-0.7	0.34	-0.14	-0.58	0.34	-0.65	-0.69	-0.05	0.28	-0.66	-0.59	-0.01	-0.68	-0.64		-0.64	0.8
Property Plant And Equipment Gross	0.9	0.68	0.58	0.78	0.97	0.85	0.62	0.94	0.63	0.89	-0.39	0.63	0.8	-0.58	0.65	0.93	0.66	-0.71	0.74	0.89	0.35	0.77	0.87	-0.64		-0.64
Common Stock	-0.67	-0.67	-0.39	-0.45	-0.64	-0.65	-0.67	-0.63	-0.14	-0.69	0.34	-0.14	-0.57	0.41	-0.65	-0.69	-0.22	0.31	-0.65	-0.59	-0.08	-0.68	-0.63	0.8	-0.64

Click cells to compare fundamentals

Nordson Account Relationship Matchups

Nordson fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.7B	3.8B	3.8B	5.3B	6.0B	6.3B
Short Long Term Debt Total	1.1B	815.9M	737.9M	1.9B	2.1B	2.2B
Other Current Liab	167.7M	188.9M	192.0M	184.7M	212.4M	223.0M
Total Current Liabilities	363.1M	445.4M	834.2M	582.1M	669.4M	702.9M
Total Stockholder Equity	1.8B	2.2B	2.3B	2.6B	3.0B	3.1B
Property Plant And Equipment Net	358.6M	355.6M	353.4M	499.0M	573.9M	602.6M
Net Debt	897.7M	515.9M	574.4M	1.7B	2.0B	2.1B
Retained Earnings	2.9B	3.3B	3.7B	4.0B	4.6B	4.8B
Cash	208.3M	300.0M	163.5M	115.7M	133.0M	139.7M
Non Current Assets Total	2.7B	2.6B	2.7B	4.0B	4.6B	4.9B
Non Currrent Assets Other	582.1M	557.4M	529.3M	66.5M	76.5M	72.6M
Cash And Short Term Investments	208.3M	300.0M	163.5M	115.7M	133.0M	139.7M
Net Receivables	471.9M	489.4M	537.3M	590.9M	679.5M	713.5M
Common Stock Shares Outstanding	58.5M	58.7M	58.2M	57.6M	51.9M	55.1M
Liabilities And Stockholders Equity	3.7B	3.8B	3.8B	5.3B	6.0B	6.3B
Non Current Liabilities Total	1.6B	1.2B	691.8M	2.1B	2.4B	2.5B
Inventory	277.0M	327.2M	383.4M	454.8M	523.0M	549.1M
Other Current Assets	63.4M	96.6M	97.6M	68.0M	78.2M	44.3M
Other Stockholder Equity	(935.9M)	(942.3M)	(1.2B)	(1.2B)	(1.1B)	(1.0B)
Total Liab	1.9B	1.6B	1.5B	2.7B	3.1B	3.2B
Total Current Assets	1.0B	1.2B	1.1B	1.2B	1.4B	1.5B
Short Term Debt	60.9M	57.2M	413.2M	137.4M	158.0M	99.3M
Intangible Assets	407.6M	357.4M	329.4M	672.7M	773.7M	812.3M
Accounts Payable	70.9M	91.7M	99.3M	106.3M	122.3M	128.4M
Property Plant And Equipment Gross	480.7M	1.0B	1.0B	1.1B	1.2B	1.3B
Accumulated Other Comprehensive Income	(226.1M)	(175.8M)	(207.8M)	(196.4M)	(176.8M)	(168.0M)
Good Will	1.7B	1.7B	1.8B	2.8B	3.2B	3.4B
Other Liab	372.9M	364.8M	404.7M	244.5M	281.2M	226.5M
Other Assets	46.0M	52.4M	557.4M	97.6M	112.2M	63.6M
Long Term Debt	1.1B	781.7M	345.3M	1.6B	1.9B	2.0B
Treasury Stock	(1.3B)	(1.4B)	(1.5B)	(1.5B)	(1.4B)	(1.3B)
Property Plant Equipment	398.9M	358.6M	355.6M	455.7M	524.1M	550.3M
Current Deferred Revenue	42.3M	77.9M	92.6M	93.4M	84.1M	52.7M
Net Tangible Assets	(479.3M)	(242.2M)	446.0M	262.2M	301.6M	316.6M
Retained Earnings Total Equity	2.7B	2.9B	3.3B	3.7B	4.2B	2.3B
Long Term Debt Total	1.1B	1.1B	781.7M	345.3M	397.1M	377.3M
Capital Surpluse	483.1M	534.7M	585.3M	626.7M	720.7M	445.4M
Capital Lease Obligations	142.7M	135.7M	122.6M	125.9M	144.7M	152.0M

Pair Trading with Nordson

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nordson position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nordson will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Nordson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nordson when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nordson - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nordson to buy it.

The correlation of Nordson is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nordson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nordson moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Nordson can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Nordson offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordson's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nordson Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordson Stock:

How To Invest In Nordson

Details

Is Nordson Stock a good investment?

Details

What is Nordson's Net Worth?

Details

Largest Specialty Industrial Machinery Companies

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Largest Industrials Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

To learn how to invest in Nordson Stock, please use our How to Invest in Nordson guide.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nordson. If investors know Nordson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nordson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.08)

Dividend Share

2.72

Earnings Share

8.21

Revenue Per Share

46.641

Quarterly Revenue Growth

0.02

The market value of Nordson is measured differently than its book value, which is the value of Nordson that is recorded on the company's balance sheet. Investors also form their own opinion of Nordson's value that differs from its market value or its book value, called intrinsic value, which is Nordson's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nordson's market value can be influenced by many factors that don't directly affect Nordson's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Nordson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nordson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nordson's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Nordson Net Receivables vs Accounts Payable Analysis

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

Correlation Coefficient

Net Receivables

Accounts Payable

Nordson fundamental ratios Correlations

Nordson Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nordson fundamental ratios Accounts

Pair Trading with Nordson

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Inventory	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Retained Earnings	+ 0.99	Total Stockholder Equity

Common Stock Shares Outstanding	- 0.97	Other Current Liab
Common Stock Shares Outstanding	- 0.92	Net Receivables
Other Stockholder Equity	- 0.9	Net Receivables
Total Current Assets	- 0.88	Other Stockholder Equity
Accounts Payable	- 0.87	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.87	Other Current Liab