PTC Accounts Payable vs Other Current Liab Analysis

PFS Stock   43.70  0.19  0.44%   
PTC India financial indicator trend analysis is much more than just breaking down PTC India Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PTC India Financial is a good investment. Please check the relationship between PTC India Accounts Payable and its Other Current Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PTC India Financial. 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 Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PTC India Financial Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have very week relationship.
The correlation between PTC India's Accounts Payable and Other Current Liab is 0.28. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of PTC India Financial, assuming nothing else is changed. The correlation between historical values of PTC India's Accounts Payable and Other Current Liab 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 PTC India Financial are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., PTC India's Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Accounts Payable

An accounting item on the balance sheet that represents PTC India 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 PTC India Financial 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.

Other Current Liab

Most indicators from PTC India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PTC India Financial 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 PTC India Financial. 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.
The current year's Tax Provision is expected to grow to about 583 M, whereas Selling General Administrative is forecasted to decline to about 103.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.3B3.0B3.4B4.2B
Total Revenue9.3B7.5B3.5B3.3B

PTC India fundamental ratios Correlations

0.79-0.060.960.240.970.730.030.080.620.220.990.190.640.90.76-0.40.690.71-0.14-0.030.110.1-0.040.040.35
0.790.350.660.330.750.55-0.260.420.860.280.720.450.880.650.65-0.10.570.41-0.46-0.1-0.210.350.070.20.07
-0.060.35-0.180.05-0.060.04-0.20.220.63-0.25-0.140.190.61-0.02-0.150.260.06-0.08-0.320.0-0.250.20.00.03-0.38
0.960.66-0.180.160.930.70.27-0.160.490.180.97-0.070.490.890.71-0.480.630.77-0.02-0.010.36-0.16-0.13-0.170.48
0.240.330.050.160.050.26-0.130.610.370.130.210.50.360.250.17-0.280.250.140.06-0.32-0.150.030.460.260.42
0.970.75-0.060.930.050.69-0.03-0.020.580.150.960.130.60.880.7-0.30.730.72-0.130.020.060.17-0.140.060.24
0.730.550.040.70.260.69-0.070.190.50.020.730.260.470.730.51-0.370.650.56-0.12-0.23-0.020.050.360.210.08
0.03-0.26-0.20.27-0.13-0.03-0.07-0.78-0.23-0.030.08-0.89-0.260.07-0.08-0.24-0.180.320.430.030.98-0.94-0.27-0.870.49
0.080.420.22-0.160.61-0.020.19-0.780.380.160.010.960.390.040.170.050.15-0.26-0.45-0.23-0.780.670.530.75-0.18
0.620.860.630.490.370.580.5-0.230.380.20.550.410.990.50.51-0.20.450.3-0.47-0.04-0.230.290.060.250.03
0.220.28-0.250.180.130.150.02-0.030.160.20.20.20.22-0.190.71-0.4-0.41-0.4-0.430.01-0.020.07-0.070.080.0
0.990.72-0.140.970.210.960.730.080.010.550.20.130.570.910.75-0.440.680.73-0.08-0.010.160.04-0.060.010.38
0.190.450.19-0.070.50.130.26-0.890.960.410.20.130.430.10.30.00.23-0.23-0.46-0.13-0.870.810.440.84-0.25
0.640.880.610.490.360.60.47-0.260.390.990.220.570.430.510.52-0.160.460.3-0.47-0.04-0.250.340.030.270.04
0.90.65-0.020.890.250.880.730.070.040.5-0.190.910.10.510.43-0.240.880.90.09-0.120.140.030.050.020.42
0.760.65-0.150.710.170.70.51-0.080.170.510.710.750.30.520.43-0.620.120.11-0.450.13-0.010.15-0.080.10.12
-0.4-0.10.26-0.48-0.28-0.3-0.37-0.240.05-0.2-0.4-0.440.0-0.16-0.24-0.620.07-0.080.28-0.06-0.310.340.060.07-0.51
0.690.570.060.630.250.730.65-0.180.150.45-0.410.680.230.460.880.120.070.860.19-0.23-0.140.260.160.270.26
0.710.41-0.080.770.140.720.560.32-0.260.3-0.40.73-0.230.30.90.11-0.080.860.36-0.140.38-0.22-0.06-0.210.52
-0.14-0.46-0.32-0.020.06-0.13-0.120.43-0.45-0.47-0.43-0.08-0.46-0.470.09-0.450.280.190.36-0.150.35-0.310.05-0.310.19
-0.03-0.10.0-0.01-0.320.02-0.230.03-0.23-0.040.01-0.01-0.13-0.04-0.120.13-0.06-0.23-0.14-0.150.060.01-0.66-0.080.05
0.11-0.21-0.250.36-0.150.06-0.020.98-0.78-0.23-0.020.16-0.87-0.250.14-0.01-0.31-0.140.380.350.06-0.95-0.32-0.880.54
0.10.350.2-0.160.030.170.05-0.940.670.290.070.040.810.340.030.150.340.26-0.22-0.310.01-0.950.140.83-0.5
-0.040.070.0-0.130.46-0.140.36-0.270.530.06-0.07-0.060.440.030.05-0.080.060.16-0.060.05-0.66-0.320.140.35-0.22
0.040.20.03-0.170.260.060.21-0.870.750.250.080.010.840.270.020.10.070.27-0.21-0.31-0.08-0.880.830.35-0.24
0.350.07-0.380.480.420.240.080.49-0.180.030.00.38-0.250.040.420.12-0.510.260.520.190.050.54-0.5-0.22-0.24
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PTC India Account Relationship Matchups

PTC India fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets116.4B115.3B95.2B76.3B65.2B73.1B
Total Stockholder Equity21.1B21.2B22.6B24.4B25.4B17.9B
Property Plant And Equipment Net218.8M161.2M114.4M303.5M253.4M207.9M
Net Debt90.5B86.8B67.8B51.0B24.2B23.0B
Cash2.2B4.9B3.4B256.7M2.3B1.4B
Non Current Assets Total104.7B81.2B62.4B59.9B62.9B60.0B
Non Currrent Assets Other99.3B80.5B64.6B63.9B60.9B46.0B
Other Assets1.4B821.2M325.1M501.3M(60.9B)(57.8B)
Cash And Short Term Investments3.2B8.6B11.8B5.9B15.1B15.8B
Liabilities And Stockholders Equity116.4B115.3B95.2B76.3B65.2B73.1B
Other Stockholder Equity(17.1B)12.4B14.3B3.2B6.1B5.3B
Total Liab95.3B94.1B72.5B51.9B39.9B55.2B
Total Current Assets11.8B34.1B32.8B16.4B63.2B66.3B
Accumulated Other Comprehensive Income(393.8M)6.3B8.1B9.0B(1.4B)(1.3B)
Short Long Term Debt Total163.4B91.7B71.2B63.3B39.3B62.2B
Non Current Liabilities Total3.3B65.8B50.2B39.2B39.8B35.7B
Other Current Liab33.1M(28.3B)(22.3B)12.4M(21.2M)(22.2M)
Short Term Debt90.4B26.2B21.1B12.1B39.0B27.5B
Total Current Liabilities92.0B28.3B22.3B12.7B21.2M20.1M
Accounts Payable66.5M50.6M17.6M18.6M21.2M31.2M
Intangible Assets209K1.6M1.4M2.3M2.9M3.5M
Retained Earnings3.6B2.4B1.9B2.9B14.2B14.9B
Short Term Investments945.6M3.7B8.4B5.6B12.7B13.4B
Other Current Assets8.6B8.4M21.0B(16.4B)48.1B50.5B
Other Liab1.1B1.0B1.3B132.0M151.8M144.2M
Net Tangible Assets20.7B21.1B21.2B22.6B26.0B21.3B
Long Term Debt73.0B91.7B71.2B51.0B39.0B61.3B
Net Receivables39.7M37.7M11.1M10.5B6.2M5.9M
Short Long Term Debt90.4B26.2B21.0B12.1B13.9B13.2B
Property Plant Equipment218.8M161.2M114.4M303.5M349.0M200.6M
Long Term Debt Total73.0B65.5B50.1B51.2B58.9B64.0B
Inventory(39.7M)25.5B(60.5B)16.4B14.8B15.5B
Good Will2.4B1.7B1.2B1.5B479.8M455.9M
Net Invested Capital113.9B112.9B93.8B75.4B64.4B81.3B
Net Working Capital(80.2B)110.4B91.1B3.7B63.2B66.3B

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Other Information on Investing in PTC Stock

Balance Sheet is a snapshot of the financial position of PTC India Financial at a specified time, usually calculated after every quarter, six months, or one year. PTC India Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of PTC India 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 PTC currently owns. An asset can also be divided into two categories, current and non-current.