Phoenix Net Receivables vs Accounts Payable Analysis
PEV Stock | USD 0.32 0.02 5.88% |
Phoenix financial indicator trend analysis is much more than just breaking down Phoenix Motor Common prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Phoenix Motor Common is a good investment. Please check the relationship between Phoenix Net Receivables and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Phoenix Motor Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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 Phoenix Motor Common Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Phoenix's Net Receivables and Accounts Payable is -0.9. 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 Phoenix Motor Common, assuming nothing else is changed. The correlation between historical values of Phoenix'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 Phoenix Motor Common 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., Phoenix's Net Receivables and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.9 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
Accounts Payable
An accounting item on the balance sheet that represents Phoenix 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 Phoenix Motor Common 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 Phoenix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Phoenix Motor Common 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 Phoenix Motor Common. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Phoenix's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 57.4 M in 2024, whereas Tax Provision is likely to drop slightly above 15.4 K in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3K | 7K | 606K | 636.3K | Depreciation And Amortization | 1.7M | 2.3M | 2.0M | 1.7M |
Phoenix fundamental ratios Correlations
Click cells to compare fundamentals
Phoenix Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Phoenix Stock Analysis
When running Phoenix's price analysis, check to measure Phoenix'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 Phoenix is operating at the current time. Most of Phoenix's value examination focuses on studying past and present price action to predict the probability of Phoenix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phoenix's price. Additionally, you may evaluate how the addition of Phoenix to your portfolios can decrease your overall portfolio volatility.