NLS Inventory vs Accounts Payable Analysis

NLSPW Stock  USD 0.02  0.0001  0.62%   
NLS Pharmaceutics financial indicator trend analysis is infinitely more than just investigating NLS Pharmaceutics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NLS Pharmaceutics is a good investment. Please check the relationship between NLS Pharmaceutics Inventory and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NLS Pharmaceutics AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NLS Pharmaceutics Inventory account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between NLS Pharmaceutics' Inventory and Accounts Payable is -0.88. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of NLS Pharmaceutics AG, assuming nothing else is changed. The correlation between historical values of NLS Pharmaceutics' Inventory 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 Inventory of NLS Pharmaceutics AG 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 Inventory i.e., NLS Pharmaceutics' Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.88
Relationship DirectionNegative 
Relationship StrengthSignificant

Inventory

Accounts Payable

An accounting item on the balance sheet that represents NLS Pharmaceutics 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 NLS Pharmaceutics 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 NLS Pharmaceutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NLS Pharmaceutics 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 NLS Pharmaceutics AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
At this time, NLS Pharmaceutics' Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 1.1 B in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

NLS Pharmaceutics fundamental ratios Correlations

-0.330.08-0.040.89-0.78-0.460.070.96-0.25-0.25-0.330.960.22-0.340.30.130.62-0.630.420.990.610.530.13-0.310.46
-0.33-0.82-0.81-0.40.840.82-0.87-0.13-0.4-0.371.0-0.13-0.50.99-0.97-0.54-0.820.670.66-0.260.45-0.7-0.70.91-0.8
0.08-0.820.990.03-0.56-0.80.99-0.110.520.51-0.83-0.110.56-0.830.870.610.76-0.15-0.790.02-0.680.680.45-0.860.86
-0.04-0.810.99-0.05-0.49-0.730.99-0.230.590.58-0.83-0.230.5-0.820.870.570.68-0.13-0.86-0.11-0.760.60.49-0.850.81
0.89-0.40.03-0.05-0.82-0.310.060.92-0.15-0.17-0.390.92-0.03-0.420.4-0.10.57-0.730.420.890.630.320.39-0.320.39
-0.780.84-0.56-0.49-0.820.74-0.58-0.65-0.14-0.110.84-0.65-0.360.84-0.82-0.35-0.870.810.15-0.73-0.1-0.69-0.590.76-0.77
-0.460.82-0.8-0.73-0.310.74-0.79-0.240.00.010.82-0.24-0.860.81-0.8-0.86-0.930.50.54-0.440.35-0.98-0.190.71-0.82
0.07-0.870.990.990.06-0.58-0.79-0.120.550.53-0.88-0.120.53-0.870.910.590.75-0.22-0.820.0-0.690.650.53-0.880.85
0.96-0.13-0.11-0.230.92-0.65-0.24-0.12-0.32-0.32-0.141.00.01-0.150.14-0.090.47-0.520.620.970.780.320.08-0.120.29
-0.25-0.40.520.59-0.15-0.140.00.55-0.321.0-0.43-0.32-0.32-0.420.43-0.210.00.07-0.54-0.35-0.56-0.160.7-0.670.39
-0.25-0.370.510.58-0.17-0.110.010.53-0.321.0-0.4-0.32-0.32-0.390.4-0.21-0.010.1-0.53-0.35-0.55-0.160.67-0.650.38
-0.331.0-0.83-0.83-0.390.840.82-0.88-0.14-0.43-0.4-0.14-0.491.0-0.98-0.53-0.820.660.66-0.260.46-0.69-0.690.93-0.82
0.96-0.13-0.11-0.230.92-0.65-0.24-0.121.0-0.32-0.32-0.140.01-0.150.14-0.090.47-0.520.620.970.780.320.08-0.120.29
0.22-0.50.560.5-0.03-0.36-0.860.530.01-0.32-0.32-0.490.01-0.460.460.980.68-0.25-0.490.23-0.380.91-0.23-0.320.5
-0.340.99-0.83-0.82-0.420.840.81-0.87-0.15-0.42-0.391.0-0.15-0.46-0.99-0.51-0.830.660.64-0.270.44-0.68-0.690.92-0.82
0.3-0.970.870.870.4-0.82-0.80.910.140.430.4-0.980.140.46-0.990.510.85-0.56-0.650.24-0.440.670.68-0.910.85
0.13-0.540.610.57-0.1-0.35-0.860.59-0.09-0.21-0.21-0.53-0.090.98-0.510.510.66-0.23-0.590.14-0.480.87-0.18-0.40.56
0.62-0.820.760.680.57-0.87-0.930.750.470.0-0.01-0.820.470.68-0.830.850.66-0.55-0.340.59-0.130.890.31-0.710.86
-0.630.67-0.15-0.13-0.730.810.5-0.22-0.520.070.10.66-0.52-0.250.66-0.56-0.23-0.550.05-0.61-0.18-0.47-0.50.48-0.36
0.420.66-0.79-0.860.420.150.54-0.820.62-0.54-0.530.660.62-0.490.64-0.65-0.59-0.340.050.480.96-0.4-0.380.65-0.49
0.99-0.260.02-0.110.89-0.73-0.440.00.97-0.35-0.35-0.260.970.23-0.270.240.140.59-0.610.480.660.520.05-0.220.4
0.610.45-0.68-0.760.63-0.10.35-0.690.78-0.56-0.550.460.78-0.380.44-0.44-0.48-0.13-0.180.960.66-0.23-0.230.48-0.32
0.53-0.70.680.60.32-0.69-0.980.650.32-0.16-0.16-0.690.320.91-0.680.670.870.89-0.47-0.40.52-0.230.03-0.570.73
0.13-0.70.450.490.39-0.59-0.190.530.080.70.67-0.690.08-0.23-0.690.68-0.180.31-0.5-0.380.05-0.230.03-0.720.39
-0.310.91-0.86-0.85-0.320.760.71-0.88-0.12-0.67-0.650.93-0.12-0.320.92-0.91-0.4-0.710.480.65-0.220.48-0.57-0.72-0.88
0.46-0.80.860.810.39-0.77-0.820.850.290.390.38-0.820.290.5-0.820.850.560.86-0.36-0.490.4-0.320.730.39-0.88
Click cells to compare fundamentals

NLS Pharmaceutics Account Relationship Matchups

NLS Pharmaceutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets696.4K1.2M5.8M9.3M1.8M3.3M
Short Long Term Debt Total7.1M842.1K2.1M1.6M1.5M1.4M
Other Current Liab835.7K1.4M666.4K986.4K1.7M1.0M
Total Current Liabilities4.0M7.2M2.4M3.4M7.9M4.5M
Total Stockholder Equity(6.2M)(9.0M)542.4K3.3M(8.8M)(9.3M)
Net Debt621.9K2.0M(5.4M)(8.9M)736.1K772.9K
Retained Earnings(26.9M)(29.8M)(41.7M)(58.2M)(70.4M)(66.9M)
Accounts Payable2.5M4.0M1.7M2.4M4.6M2.7M
Cash220.3K93.7K5.4M8.9M897.7K852.8K
Non Current Assets Total314.7K1.0M41.6K30.2K23.6K22.4K
Non Currrent Assets Other260.2K946.9K12.0K12.1K16.9K16.0K
Cash And Short Term Investments220.3K93.7K5.4M8.9M897.7K852.8K
Common Stock Shares Outstanding11.1M4.8M14.7M19.7M38.2M40.1M
Liabilities And Stockholders Equity696.4K1.2M5.8M9.3M1.8M3.3M
Non Current Liabilities Total2.8M3.0M2.8M2.6M2.8M3.4M
Other Current Assets86.1K14.4K292.0K191.0K925.4K971.7K
Other Stockholder Equity20.6M20.6M42.1M60.9M61.0M35.5M
Total Liab6.9M10.2M5.2M6.0M10.7M6.6M
Net Invested Capital(5.3M)(6.9M)542.4K3.3M(7.2M)(6.8M)
Total Current Assets381.7K196.7K5.7M9.2M1.8M3.1M
Accumulated Other Comprehensive Income(18.7K)(19.4K)(151.7K)(50.8K)(158.1K)(150.2K)
Net Working Capital(3.7M)(7.0M)3.3M5.9M(6.1M)(5.8M)
Net Receivables75.4K61.2K38.6K41.2K10.7K10.1K
Inventory(33.6K)(61.2K)(38.6K)(41.2K)(37.1K)(39.0K)
Short Term Debt690.1K1.8M2.5B1.6M1.9M1.8M

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