| PAGEIND Stock | | | 41,930 766.45 1.86% |
Page Industries financial indicator trend analysis is much more than just breaking down Page Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Page Industries is a good investment. Please check the relationship between Page Industries Other Current Assets and its Accounts Payable accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Page Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
Other Current Assets vs Accounts Payable
Other Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Page Industries Other Current Assets account and
Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Page Industries' Other Current Assets and Accounts Payable is 0.79. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Page Industries Limited, assuming nothing else is changed. The correlation between historical values of Page Industries' Other Current Assets 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 Other Current Assets of Page Industries Limited 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 Other Current Assets i.e., Page Industries' Other Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.79 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Accounts Payable
An accounting item on the balance sheet that represents Page Industries 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 Page Industries 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 Page Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Page Industries 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in Page Industries Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
As of February 26, 2025,
Selling General Administrative is expected to decline to about 262.1
M. In addition to that,
Tax Provision is expected to decline to about 1.7
BPage Industries fundamental ratios Correlations
Click cells to compare fundamentals
Page Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Page Industries fundamental ratios Accounts
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Other Information on Investing in Page Stock
Balance Sheet is a snapshot of the
financial position of Page Industries at a specified time, usually calculated after every quarter, six months, or one year. Page Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Page Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Page currently owns. An asset can also be divided into two categories, current and non-current.