Victura Net Receivables vs Accounts Payable 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 Net Receivables and its Accounts Payable 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.
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 Victura Construction Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Victura Construction's Net Receivables and Accounts Payable is 1.0. 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 Victura Construction Group, assuming nothing else is changed. The correlation between historical values of Victura Construction'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 Victura Construction Group 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., Victura Construction's Net Receivables and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 1.0 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Receivables
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.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 Profit | 113.0K | 1.3M | 1.5M | 1.6M | Total Revenue | 229.0K | 7.4M | 8.5M | 8.9M |
Victura Construction fundamental ratios Correlations
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Victura Construction Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
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Additional Tools for Victura Stock Analysis
When running Victura Construction's price analysis, check to measure Victura Construction'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 Victura Construction is operating at the current time. Most of Victura Construction's value examination focuses on studying past and present price action to predict the probability of Victura Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Victura Construction's price. Additionally, you may evaluate how the addition of Victura Construction to your portfolios can decrease your overall portfolio volatility.