Sensient Inventory vs Accounts Payable Analysis

SXT Stock  USD 78.67  1.48  1.92%   
Sensient Technologies financial indicator trend analysis is much more than just breaking down Sensient Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sensient Technologies is a good investment. Please check the relationship between Sensient Technologies Inventory and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sensient Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Sensient Stock please use our How to Invest in Sensient Technologies guide.

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 Sensient Technologies Inventory account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Sensient Technologies' Inventory and Accounts Payable is 0.55. 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 Sensient Technologies, assuming nothing else is changed. The correlation between historical values of Sensient Technologies' 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 Sensient Technologies 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., Sensient Technologies' Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Inventory

Accounts Payable

An accounting item on the balance sheet that represents Sensient Technologies 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 Sensient Technologies 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 Sensient Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sensient Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sensient Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy Sensient Stock please use our How to Invest in Sensient Technologies guide.At this time, Sensient Technologies' Discontinued Operations is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 3.6 B in 2024, whereas Selling General Administrative is likely to drop slightly above 253.3 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense12.5M14.5M25.2M24.5M
Depreciation And Amortization52.1M52.5M57.8M44.8M

Sensient Technologies fundamental ratios Correlations

0.730.460.930.90.960.710.790.60.990.550.60.94-0.10.790.950.36-0.450.850.330.980.51-0.290.390.060.06
0.730.050.710.370.621.00.790.650.680.680.650.68-0.550.990.730.38-0.820.970.290.770.55-0.140.5-0.02-0.02
0.460.050.40.620.520.040.070.00.50.250.00.350.520.060.340.380.270.13-0.230.40.09-0.55-0.170.440.44
0.930.710.40.790.870.70.890.510.920.610.510.91-0.280.760.880.29-0.550.840.460.910.45-0.220.41-0.15-0.15
0.90.370.620.790.930.350.550.410.920.310.410.830.260.450.830.27-0.060.540.240.850.37-0.340.190.130.13
0.960.620.520.870.930.60.690.550.970.380.550.840.060.670.910.26-0.280.740.370.920.48-0.430.250.030.03
0.711.00.040.70.350.60.790.620.660.690.620.67-0.560.990.710.39-0.830.970.290.760.54-0.130.5-0.03-0.03
0.790.790.070.890.550.690.790.540.780.70.540.76-0.650.820.730.41-0.820.870.620.780.33-0.180.37-0.4-0.4
0.60.650.00.510.410.550.620.540.580.461.00.52-0.310.680.620.12-0.550.670.150.60.27-0.040.560.120.12
0.990.680.50.920.920.970.660.780.580.550.580.91-0.050.730.910.39-0.40.80.320.950.49-0.360.310.060.06
0.550.680.250.610.310.380.690.70.460.550.460.58-0.530.70.40.73-0.760.71-0.030.540.15-0.110.370.160.16
0.60.650.00.510.410.550.620.541.00.580.460.52-0.310.680.620.12-0.550.670.150.60.27-0.040.560.120.12
0.940.680.350.910.830.840.670.760.520.910.580.52-0.160.750.910.27-0.480.810.280.950.410.00.590.070.07
-0.1-0.550.52-0.280.260.06-0.56-0.65-0.31-0.05-0.53-0.31-0.16-0.53-0.11-0.220.91-0.5-0.48-0.150.05-0.22-0.370.550.55
0.790.990.060.760.450.670.990.820.680.730.70.680.75-0.530.780.38-0.820.990.310.830.55-0.110.55-0.01-0.01
0.950.730.340.880.830.910.710.730.620.910.40.620.91-0.110.780.1-0.430.840.40.970.51-0.150.550.00.0
0.360.380.380.290.270.260.390.410.120.390.730.120.27-0.220.380.1-0.390.38-0.130.310.12-0.39-0.210.210.21
-0.45-0.820.27-0.55-0.06-0.28-0.83-0.82-0.55-0.4-0.76-0.55-0.480.91-0.82-0.43-0.39-0.8-0.4-0.49-0.18-0.07-0.520.310.31
0.850.970.130.840.540.740.970.870.670.80.710.670.81-0.50.990.840.38-0.80.350.880.55-0.140.54-0.04-0.04
0.330.29-0.230.460.240.370.290.620.150.32-0.030.150.28-0.480.310.4-0.13-0.40.350.330.02-0.20.05-0.9-0.9
0.980.770.40.910.850.920.760.780.60.950.540.60.95-0.150.830.970.31-0.490.880.330.52-0.180.50.060.06
0.510.550.090.450.370.480.540.330.270.490.150.270.410.050.550.510.12-0.180.550.020.52-0.220.010.160.16
-0.29-0.14-0.55-0.22-0.34-0.43-0.13-0.18-0.04-0.36-0.11-0.040.0-0.22-0.11-0.15-0.39-0.07-0.14-0.2-0.18-0.220.570.070.07
0.390.5-0.170.410.190.250.50.370.560.310.370.560.59-0.370.550.55-0.21-0.520.540.050.50.010.570.140.14
0.06-0.020.44-0.150.130.03-0.03-0.40.120.060.160.120.070.55-0.010.00.210.31-0.04-0.90.060.160.070.141.0
0.06-0.020.44-0.150.130.03-0.03-0.40.120.060.160.120.070.55-0.010.00.210.31-0.04-0.90.060.160.070.141.0
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Sensient Technologies Account Relationship Matchups

Sensient Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.7B1.7B2.0B2.0B1.4B
Short Long Term Debt Total619.1M527.3M511.5M650.7M658.5M435.4M
Other Current Liab86.1M94.8M87.2M95.0M78.4M66.6M
Total Current Liabilities201.4M216.0M232.3M272.2M236.3M223.0M
Total Stockholder Equity881.6M934.3M938.4M999.6M1.1B687.9M
Property Plant And Equipment Net437.2M445.5M446.5M483.2M541.6M398.2M
Net Debt598.0M502.5M485.8M629.8M629.6M419.0M
Retained Earnings1.5B1.6B1.6B1.7B1.7B1.8B
Cash21.2M24.8M25.7M20.9M28.9M14.5M
Non Current Assets Total951.9M999.3M1.0B1.0B1.1B800.9M
Non Currrent Assets Other95.9M119.6M122.9M96.6M58.6M60.1M
Cash And Short Term Investments21.2M24.8M25.7M20.9M28.9M14.5M
Net Receivables213.2M234.1M261.1M302.1M272.2M178.7M
Common Stock Shares Outstanding42.3M42.3M42.3M42.2M42.2M38.5M
Liabilities And Stockholders Equity1.7B1.7B1.7B2.0B2.0B1.4B
Non Current Liabilities Total657.2M590.6M574.8M709.9M724.9M465.6M
Inventory422.5M381.3M411.6M564.1M598.4M331.8M
Other Current Assets131.3M149.9M85.3M47.6M37.1M53.1M
Other Stockholder Equity(496.9M)(490.6M)(523.1M)(507.8M)(506.8M)(481.5M)
Total Liab858.6M806.5M807.1M982.0M961.2M688.6M
Property Plant And Equipment Gross437.2M445.5M446.5M483.2M1.2B1.3B
Total Current Assets788.2M741.6M741.2M934.8M936.6M575.6M
Accumulated Other Comprehensive Income(163.0M)(159.1M)(174.6M)(200.7M)(172.1M)(163.5M)
Short Term Debt20.6M9.2M8.5M20.4M13.5M12.8M
Intangible Assets11.8M10.9M15.0M18.6M12.1M11.5M
Accounts Payable94.7M107.3M125.5M142.4M131.1M84.6M
Other Liab48.8M72.6M71.8M51.5M59.3M57.1M
Other Assets79.1M119.6M122.9M129.3M148.7M78.0M
Long Term Debt598.5M518.0M503.0M630.3M645.1M530.1M
Treasury Stock(597.8M)(595.3M)(593.5M)(634.4M)(571.0M)(542.4M)
Property Plant Equipment437.2M445.5M446.5M483.2M555.7M477.9M
Good Will407.0M423.3M420.0M415.7M424.1M344.6M
Net Tangible Assets907.4M963.3M503.4M1.0B1.2B903.3M
Retained Earnings Total Equity1.5B1.6B1.6B1.7B2.0B1.3B
Long Term Debt Total598.5M518.0M503.0M630.3M724.9M582.8M
Capital Surpluse98.4M102.9M111.4M124.0M142.6M115.7M
Deferred Long Term Liab15.1M13.4M14.3M16.0M18.4M14.6M

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