Peoplesway Accounts Payable vs Total Liab Analysis
| PLWY Stock | USD 0.0001 0.00 0.00% |
Peoplesway financial indicator trend analysis is much more than just breaking down peoplesway prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether peoplesway is a good investment. Please check the relationship between Peoplesway Accounts Payable and its Total Liab accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in peoplesway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Peoplesway Stock please use our How to Invest in Peoplesway guide.
Accounts Payable vs Total Liab
Accounts Payable vs Total Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of peoplesway Accounts Payable account and Total Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Peoplesway's Accounts Payable and Total Liab is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Liab in the same time period over historical financial statements of peoplesway, assuming nothing else is changed. The correlation between historical values of Peoplesway's Accounts Payable and Total 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 peoplesway are associated (or correlated) with its Total Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Liab has no effect on the direction of Accounts Payable i.e., Peoplesway's Accounts Payable and Total Liab go up and down completely randomly.
Correlation Coefficient | 0.81 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents Peoplesway 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 peoplesway 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.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most indicators from Peoplesway's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into peoplesway 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 peoplesway. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Peoplesway Stock please use our How to Invest in Peoplesway guide.At this time, Peoplesway's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 4.5 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.51 in 2024.
| 2012 | 2013 | 2023 | 2024 (projected) | Gross Profit | 297.3K | 184.2K | 165.8K | 259.8K | Total Revenue | 653.4K | 373.2K | 335.8K | 552.3K |
Peoplesway fundamental ratios Correlations
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Peoplesway Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Peoplesway's price analysis, check to measure Peoplesway'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 Peoplesway is operating at the current time. Most of Peoplesway's value examination focuses on studying past and present price action to predict the probability of Peoplesway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Peoplesway's price. Additionally, you may evaluate how the addition of Peoplesway to your portfolios can decrease your overall portfolio volatility.