Velan Accounts Payable vs Net Receivables Analysis

VLN Stock

CAD 11.61 0.64 5.83%

Velan financial indicator trend analysis is much more than just breaking down Velan Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Velan Inc is a good investment. Please check the relationship between Velan Accounts Payable and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Velan Inc. 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 Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Velan Inc Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have weak relationship.

The correlation between Velan's Accounts Payable and Net Receivables is 0.33. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Velan Inc, assuming nothing else is changed. The correlation between historical values of Velan's Accounts Payable and Net Receivables 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 Velan Inc are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., Velan's Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

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Accounts Payable

An accounting item on the balance sheet that represents Velan 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 Velan Inc 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.

Net Receivables

Most indicators from Velan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Velan Inc 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 Velan Inc. 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.

At this time, Velan's Tax Provision is very stable compared to the past year. As of the 25th of November 2024, Enterprise Value is likely to grow to about 283.6 M, while Selling General Administrative is likely to drop about 71.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	2.8M	2.0M	6.8M	7.1M
Depreciation And Amortization	11.6M	10.7M	11.2M	11.2M

Interest Expense Depreciation And Amortization

Velan fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Short Term Investments
Total Assets		0.6	0.95	0.94	0.86	0.95	0.9	-0.2	0.88	0.32	0.75	0.95	0.12	0.38	0.77	0.88	-0.43	-0.09	0.89	0.28	-0.9	0.81	0.18	0.99	0.59	-0.92
Short Long Term Debt Total	0.6		0.5	0.72	0.35	0.51	0.78	0.52	0.3	0.39	0.23	0.66	0.43	0.55	0.21	0.53	-0.07	-0.01	0.58	0.43	-0.36	0.68	0.31	0.56	0.59	-0.4
Other Current Liab	0.95	0.5		0.89	0.91	0.96	0.86	-0.41	0.92	0.05	0.86	0.95	0.1	0.34	0.87	0.82	-0.25	-0.31	0.75	0.02	-0.8	0.67	0.01	0.91	0.51	-0.86
Total Current Liabilities	0.94	0.72	0.89		0.8	0.86	0.96	-0.07	0.77	0.27	0.7	0.92	0.39	0.35	0.71	0.8	-0.29	-0.22	0.85	0.21	-0.75	0.77	0.02	0.92	0.8	-0.78
Total Stockholder Equity	0.86	0.35	0.91	0.8		0.93	0.78	-0.51	0.98	-0.08	0.94	0.9	0.06	0.27	0.95	0.73	-0.28	-0.42	0.59	-0.06	-0.73	0.4	-0.14	0.81	0.51	-0.79
Property Plant And Equipment Net	0.95	0.51	0.96	0.86	0.93		0.84	-0.35	0.95	0.15	0.84	0.97	-0.04	0.47	0.85	0.86	-0.39	-0.21	0.72	0.17	-0.85	0.65	0.12	0.91	0.45	-0.91
Current Deferred Revenue	0.9	0.78	0.86	0.96	0.78	0.84		-0.05	0.74	0.16	0.7	0.91	0.42	0.31	0.69	0.74	-0.14	-0.3	0.8	0.18	-0.66	0.72	0.01	0.87	0.73	-0.69
Net Debt	-0.2	0.52	-0.41	-0.07	-0.51	-0.35	-0.05		-0.54	0.6	-0.67	-0.23	0.17	0.34	-0.67	-0.1	-0.12	0.54	0.03	0.64	0.17	0.23	0.54	-0.18	0.07	0.25
Retained Earnings	0.88	0.3	0.92	0.77	0.98	0.95	0.74	-0.54		-0.04	0.9	0.89	-0.1	0.28	0.91	0.8	-0.33	-0.35	0.62	-0.03	-0.81	0.46	-0.06	0.84	0.41	-0.85
Accounts Payable	0.32	0.39	0.05	0.27	-0.08	0.15	0.16	0.6	-0.04		-0.25	0.14	-0.08	0.45	-0.21	0.33	-0.76	0.84	0.55	0.89	-0.51	0.66	0.8	0.38	0.16	-0.4
Cash	0.75	0.23	0.86	0.7	0.94	0.84	0.7	-0.67	0.9	-0.25		0.84	0.16	0.16	0.99	0.57	-0.11	-0.52	0.45	-0.26	-0.56	0.28	-0.28	0.69	0.44	-0.67
Non Current Assets Total	0.95	0.66	0.95	0.92	0.9	0.97	0.91	-0.23	0.89	0.14	0.84		0.15	0.51	0.84	0.83	-0.3	-0.27	0.72	0.14	-0.77	0.67	0.07	0.89	0.59	-0.84
Non Currrent Assets Other	0.12	0.43	0.1	0.39	0.06	-0.04	0.42	0.17	-0.1	-0.08	0.16	0.15		-0.25	0.13	-0.16	0.37	-0.33	0.23	-0.19	0.22	0.14	-0.35	0.11	0.65	0.2
Other Assets	0.38	0.55	0.34	0.35	0.27	0.47	0.31	0.34	0.28	0.45	0.16	0.51	-0.25		0.17	0.49	-0.52	0.25	0.19	0.56	-0.41	0.39	0.55	0.32	0.13	-0.44
Cash And Short Term Investments	0.77	0.21	0.87	0.71	0.95	0.85	0.69	-0.67	0.91	-0.21	0.99	0.84	0.13	0.17		0.58	-0.18	-0.48	0.49	-0.22	-0.61	0.29	-0.23	0.71	0.42	-0.69
Net Receivables	0.88	0.53	0.82	0.8	0.73	0.86	0.74	-0.1	0.8	0.33	0.57	0.83	-0.16	0.49	0.58		-0.49	0.0	0.72	0.39	-0.89	0.75	0.2	0.88	0.49	-0.92
Common Stock Shares Outstanding	-0.43	-0.07	-0.25	-0.29	-0.28	-0.39	-0.14	-0.12	-0.33	-0.76	-0.11	-0.3	0.37	-0.52	-0.18	-0.49		-0.66	-0.45	-0.74	0.72	-0.45	-0.62	-0.47	-0.1	0.61
Non Current Liabilities Total	-0.09	-0.01	-0.31	-0.22	-0.42	-0.21	-0.3	0.54	-0.35	0.84	-0.52	-0.27	-0.33	0.25	-0.48	0.0	-0.66		0.18	0.8	-0.22	0.32	0.85	-0.01	-0.33	-0.11
Inventory	0.89	0.58	0.75	0.85	0.59	0.72	0.8	0.03	0.62	0.55	0.45	0.72	0.23	0.19	0.49	0.72	-0.45	0.18		0.42	-0.83	0.92	0.34	0.93	0.55	-0.78
Other Current Assets	0.28	0.43	0.02	0.21	-0.06	0.17	0.18	0.64	-0.03	0.89	-0.26	0.14	-0.19	0.56	-0.22	0.39	-0.74	0.8	0.42		-0.47	0.57	0.83	0.32	0.03	-0.36
Other Stockholder Equity	-0.9	-0.36	-0.8	-0.75	-0.73	-0.85	-0.66	0.17	-0.81	-0.51	-0.56	-0.77	0.22	-0.41	-0.61	-0.89	0.72	-0.22	-0.83	-0.47		-0.78	-0.38	-0.92	-0.37	0.97
Total Liab	0.81	0.68	0.67	0.77	0.4	0.65	0.72	0.23	0.46	0.66	0.28	0.67	0.14	0.39	0.29	0.75	-0.45	0.32	0.92	0.57	-0.78		0.49	0.85	0.47	-0.75
Property Plant And Equipment Gross	0.18	0.31	0.01	0.02	-0.14	0.12	0.01	0.54	-0.06	0.8	-0.28	0.07	-0.35	0.55	-0.23	0.2	-0.62	0.85	0.34	0.83	-0.38	0.49		0.22	-0.32	-0.29
Total Current Assets	0.99	0.56	0.91	0.92	0.81	0.91	0.87	-0.18	0.84	0.38	0.69	0.89	0.11	0.32	0.71	0.88	-0.47	-0.01	0.93	0.32	-0.92	0.85	0.22		0.57	-0.92
Short Term Debt	0.59	0.59	0.51	0.8	0.51	0.45	0.73	0.07	0.41	0.16	0.44	0.59	0.65	0.13	0.42	0.49	-0.1	-0.33	0.55	0.03	-0.37	0.47	-0.32	0.57		-0.39
Short Term Investments	-0.92	-0.4	-0.86	-0.78	-0.79	-0.91	-0.69	0.25	-0.85	-0.4	-0.67	-0.84	0.2	-0.44	-0.69	-0.92	0.61	-0.11	-0.78	-0.36	0.97	-0.75	-0.29	-0.92	-0.39

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Velan Account Relationship Matchups

Other Information on Investing in Velan Stock

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

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Velan Accounts Payable vs Net Receivables Analysis

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Receivables

Velan fundamental ratios Correlations

Velan Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Other Information on Investing in Velan Stock

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Total Current Assets	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Cash
Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Short Term Investments	+ 0.97	Other Stockholder Equity
Property Plant And Equipment Net	+ 0.96	Other Current Liab

Short Term Investments	- 0.92	Total Current Assets
Total Current Assets	- 0.92	Other Stockholder Equity
Short Term Investments	- 0.92	Net Receivables
Short Term Investments	- 0.92	Total Assets
Short Term Investments	- 0.91	Property Plant And Equipment Net
Other Stockholder Equity	- 0.9	Total Assets