Victura Accounts Payable vs Inventory Analysis

Victura Construction financial indicator trend analysis is much more than just breaking down Victura Construction prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Victura Construction is a good investment. Please check the relationship between Victura Construction Accounts Payable and its Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Victura Construction Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Victura Construction Accounts Payable account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Victura Construction's Accounts Payable and Inventory is -0.39. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Victura Construction Group, assuming nothing else is changed. The correlation between historical values of Victura Construction's Accounts Payable and Inventory 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 Victura Construction Group are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Victura Construction's Accounts Payable and Inventory go up and down completely randomly.

Correlation Coefficient

-0.39
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Victura Construction 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 Victura Construction 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.

Inventory

Most indicators from Victura Construction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Victura Construction 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 Victura Construction Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Selling General Administrative is likely to drop to about 838.1 K in 2024
 2010 2011 2023 2024 (projected)
Gross Profit113.0K1.3M1.5M1.6M
Total Revenue229.0K7.4M8.5M8.9M

Victura Construction fundamental ratios Correlations

0.82-0.91-0.910.921.01.01.00.871.01.00.811.00.81-0.980.83-0.331.0-0.330.31
0.82-0.89-0.890.930.790.810.820.960.820.821.00.821.0-0.891.00.20.820.20.05
-0.91-0.891.0-1.0-0.88-0.9-0.91-0.82-0.91-0.91-0.89-0.91-0.890.97-0.89-0.06-0.91-0.060.1
-0.91-0.891.0-1.0-0.88-0.9-0.91-0.82-0.91-0.91-0.89-0.91-0.890.97-0.89-0.06-0.91-0.060.1
0.920.93-1.0-1.00.90.920.930.870.920.920.920.920.92-0.980.930.050.930.05-0.03
1.00.79-0.88-0.880.91.01.00.861.01.00.781.00.78-0.970.8-0.391.0-0.390.36
1.00.81-0.9-0.90.921.01.00.861.01.00.81.00.8-0.980.82-0.351.0-0.350.33
1.00.82-0.91-0.910.931.01.00.871.01.00.821.00.82-0.980.83-0.331.0-0.330.3
0.870.96-0.82-0.820.870.860.860.870.870.870.960.870.96-0.890.96-0.040.87-0.040.32
1.00.82-0.91-0.910.921.01.01.00.871.00.811.00.81-0.980.83-0.331.0-0.330.31
1.00.82-0.91-0.910.921.01.01.00.871.00.811.00.81-0.980.82-0.341.0-0.340.32
0.811.0-0.89-0.890.920.780.80.820.960.810.810.811.0-0.881.00.210.820.210.04
1.00.82-0.91-0.910.921.01.01.00.871.01.00.810.81-0.980.83-0.331.0-0.330.31
0.811.0-0.89-0.890.920.780.80.820.960.810.811.00.81-0.881.00.210.820.210.04
-0.98-0.890.970.97-0.98-0.97-0.98-0.98-0.89-0.98-0.98-0.88-0.98-0.88-0.890.15-0.980.15-0.15
0.831.0-0.89-0.890.930.80.820.830.960.830.821.00.831.0-0.890.190.830.190.06
-0.330.2-0.06-0.060.05-0.39-0.35-0.33-0.04-0.33-0.340.21-0.330.210.150.19-0.331.0-0.8
1.00.82-0.91-0.910.931.01.01.00.871.01.00.821.00.82-0.980.83-0.33-0.330.31
-0.330.2-0.06-0.060.05-0.39-0.35-0.33-0.04-0.33-0.340.21-0.330.210.150.191.0-0.33-0.8
0.310.050.10.1-0.030.360.330.30.320.310.320.040.310.04-0.150.06-0.80.31-0.8
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Victura Construction Account Relationship Matchups

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Additional Tools for Victura Stock Analysis

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