NCR Other Current Liab vs Accounts Payable Analysis

VYX Stock   14.49  0.14  0.98%   
NCR Voyix financial indicator trend analysis is infinitely more than just investigating NCR Voyix recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NCR Voyix is a good investment. Please check the relationship between NCR Voyix Other Current Liab and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in NCR Voyix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy NCR Stock please use our How to Invest in NCR Voyix guide.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NCR Voyix Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between NCR Voyix's Other Current Liab and Accounts Payable is -0.29. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of NCR Voyix, assuming nothing else is changed. The correlation between historical values of NCR Voyix's Other Current Liab 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 Other Current Liab of NCR Voyix 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 Other Current Liab i.e., NCR Voyix's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents NCR Voyix 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 NCR Voyix 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 NCR Voyix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NCR Voyix 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 NCR Voyix. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy NCR Stock please use our How to Invest in NCR Voyix guide.At this time, NCR Voyix's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 390.6 M in 2024, whereas Discontinued Operations is likely to drop (4.8 M) in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue7.2B7.8B3.8B4.8B
Depreciation And Amortization517M610M559M327.3M

NCR Voyix fundamental ratios Correlations

0.920.220.580.710.420.90.550.070.940.610.07-0.2-0.360.960.410.670.980.310.66-0.48-0.2-0.190.370.910.62
0.920.080.370.670.310.960.5-0.010.950.6-0.01-0.41-0.470.970.260.620.930.090.64-0.63-0.2-0.280.240.90.49
0.220.080.81-0.170.890.09-0.29-0.220.160.58-0.220.190.370.080.070.640.290.220.230.310.74-0.34-0.210.110.15
0.580.370.810.170.850.380.27-0.090.460.65-0.090.340.090.390.290.590.610.40.590.180.39-0.37-0.030.410.4
0.710.67-0.170.17-0.10.530.60.30.59-0.050.30.11-0.160.680.720.250.630.560.37-0.12-0.540.20.710.730.86
0.420.310.890.85-0.10.33-0.13-0.270.410.77-0.280.060.190.330.040.610.520.10.430.080.68-0.41-0.150.280.18
0.90.960.090.380.530.330.46-0.140.950.69-0.14-0.46-0.510.940.060.620.91-0.030.63-0.71-0.15-0.370.090.860.32
0.550.5-0.290.270.6-0.130.460.170.490.090.170.24-0.540.490.47-0.060.50.270.53-0.16-0.66-0.20.250.520.46
0.07-0.01-0.22-0.090.3-0.27-0.140.17-0.1-0.31.00.010.020.020.41-0.02-0.010.470.1-0.04-0.250.510.25-0.030.23
0.940.950.160.460.590.410.950.49-0.10.69-0.1-0.39-0.50.970.240.650.96-0.010.65-0.61-0.2-0.360.260.930.47
0.610.60.580.65-0.050.770.690.09-0.30.69-0.3-0.37-0.40.59-0.180.710.69-0.230.51-0.430.36-0.68-0.340.46-0.01
0.07-0.01-0.22-0.090.3-0.28-0.140.171.0-0.1-0.30.010.020.020.41-0.02-0.010.470.1-0.04-0.250.510.24-0.030.23
-0.2-0.410.190.340.110.06-0.460.240.01-0.39-0.370.010.49-0.420.37-0.41-0.260.56-0.060.870.00.110.14-0.250.33
-0.36-0.470.370.09-0.160.19-0.51-0.540.02-0.5-0.40.020.49-0.470.06-0.18-0.380.38-0.330.620.540.470.11-0.30.06
0.960.970.080.390.680.330.940.490.020.970.590.02-0.42-0.470.340.630.970.120.6-0.64-0.26-0.20.380.920.55
0.410.260.070.290.720.040.060.470.410.24-0.180.410.370.060.340.170.380.730.220.28-0.40.310.780.380.89
0.670.620.640.590.250.610.62-0.06-0.020.650.71-0.02-0.41-0.180.630.170.710.140.49-0.360.29-0.290.040.550.3
0.980.930.290.610.630.520.910.5-0.010.960.69-0.01-0.26-0.380.970.380.710.220.68-0.49-0.11-0.270.320.90.58
0.310.090.220.40.560.1-0.030.270.47-0.01-0.230.470.560.380.120.730.140.220.130.41-0.050.460.50.140.69
0.660.640.230.590.370.430.630.530.10.650.510.1-0.06-0.330.60.220.490.680.13-0.30.01-0.230.10.530.32
-0.48-0.630.310.18-0.120.08-0.71-0.16-0.04-0.61-0.43-0.040.870.62-0.640.28-0.36-0.490.41-0.30.220.130.06-0.490.22
-0.2-0.20.740.39-0.540.68-0.15-0.66-0.25-0.20.36-0.250.00.54-0.26-0.40.29-0.11-0.050.010.22-0.09-0.46-0.27-0.34
-0.19-0.28-0.34-0.370.2-0.41-0.37-0.20.51-0.36-0.680.510.110.47-0.20.31-0.29-0.270.46-0.230.13-0.090.6-0.160.18
0.370.24-0.21-0.030.71-0.150.090.250.250.26-0.340.240.140.110.380.780.040.320.50.10.06-0.460.60.410.77
0.910.90.110.410.730.280.860.52-0.030.930.46-0.03-0.25-0.30.920.380.550.90.140.53-0.49-0.27-0.160.410.58
0.620.490.150.40.860.180.320.460.230.47-0.010.230.330.060.550.890.30.580.690.320.22-0.340.180.770.58
Click cells to compare fundamentals

NCR Voyix Account Relationship Matchups

NCR Voyix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.0B8.4B11.6B11.5B5.0B7.0B
Short Long Term Debt Total3.9B3.6B6.0B6.0B2.9B1.8B
Other Current Liab914M841M1.3B1.9B616M765.8M
Total Current Liabilities2.5B2.1B2.8B2.7B1.3B2.1B
Total Stockholder Equity1.5B1.3B1.5B1.8B301M286.0M
Property Plant And Equipment Net804M717M1.1B1.0B448M482.1M
Net Debt3.4B3.3B5.5B5.5B2.6B2.7B
Accounts Payable840M632M826M594M505M612.5M
Cash509M338M447M505M262M470.3M
Non Current Assets Total5.8B5.9B8.8B8.4B3.8B3.9B
Non Currrent Assets Other719M822M1.0B1.0B710M790.3M
Cash And Short Term Investments509M338M447M505M262M471.7M
Net Receivables1.5B1.1B959M550M481M955.4M
Common Stock Shares Outstanding145.2M128.4M139M136.7M140.6M136.0M
Liabilities And Stockholders Equity9.0B8.4B11.6B11.5B5.0B7.0B
Non Current Liabilities Total4.9B5.0B7.3B7.0B3.4B3.3B
Inventory784M601M754M772M254M241.3M
Other Current Assets361M422M716M1.9B209M384.0M
Total Liab7.5B7.1B10.1B9.8B4.7B5.4B
Total Current Assets3.1B2.5B2.9B3.1B1.2B2.2B
Short Term Debt282M108M170M223M67M84.1M
Other Stockholder Equity312M368M515M704M874M544.1M
Accumulated Other Comprehensive Income(269M)(271M)(291M)(300M)(429M)(450.5M)
Retained Earnings1.1B950M1.0B1.1B(421M)(400.0M)
Intangible Assets607M532M1.3B1.1B291M276.5M
Current Deferred Revenue502M507M516M537M197M187.2M
Good Will2.8B2.8B4.5B4.5B2.0B2.0B

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