Zensar Accounts Payable vs Other Current Assets Analysis

ZENSARTECH   804.05  47.55  6.29%   
Zensar Technologies financial indicator trend analysis is more than just analyzing Zensar Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zensar Technologies is a good investment. Please check the relationship between Zensar Technologies Accounts Payable and its Other Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zensar Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zensar Technologies Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Zensar Technologies' Accounts Payable and Other Current Assets is 0.79. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Zensar Technologies Limited, assuming nothing else is changed. The correlation between historical values of Zensar Technologies' Accounts Payable and Other Current Assets 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 Zensar Technologies Limited are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Zensar Technologies' Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Zensar 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 Zensar 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.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Zensar Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zensar 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zensar Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Selling General Administrative is likely to drop to about 150.5 M in 2025. Tax Provision is likely to drop to about 1.4 B in 2025
 2022 2023 2024 2025 (projected)
Gross Profit8.9B11.2B12.9B10.1B
Total Revenue48.5B49.0B56.4B59.2B

Zensar Technologies fundamental ratios Correlations

0.390.970.750.990.63-0.430.950.820.940.990.680.96-0.540.910.60.61-0.040.751.0-0.10.550.970.10.82-0.5
0.390.40.680.260.80.590.170.480.550.39-0.070.290.050.180.830.30.010.770.380.540.340.410.750.45-0.26
0.970.40.760.950.65-0.360.910.80.880.970.590.93-0.50.90.620.620.030.760.96-0.050.550.950.090.77-0.6
0.750.680.760.670.74-0.040.560.940.80.720.290.61-0.020.50.740.770.150.970.770.210.720.790.410.92-0.39
0.990.260.950.670.55-0.540.980.770.910.990.740.97-0.570.940.50.57-0.060.660.98-0.210.510.960.00.77-0.49
0.630.80.650.740.550.140.490.680.750.650.070.630.040.540.930.23-0.190.850.610.20.380.650.290.61-0.7
-0.430.59-0.36-0.04-0.540.14-0.58-0.29-0.34-0.41-0.52-0.490.29-0.520.25-0.250.050.06-0.450.64-0.14-0.420.63-0.320.24
0.950.170.910.560.980.49-0.580.690.850.970.750.98-0.620.970.450.48-0.120.560.93-0.270.410.9-0.080.66-0.48
0.820.480.80.940.770.68-0.290.690.830.790.380.7-0.080.620.690.790.090.910.830.060.670.840.170.95-0.44
0.940.550.880.80.910.75-0.340.850.830.930.540.9-0.40.80.690.59-0.050.810.94-0.030.520.930.240.82-0.51
0.990.390.970.720.990.65-0.410.970.790.930.670.97-0.540.930.620.56-0.070.730.98-0.10.50.960.070.78-0.53
0.68-0.070.590.290.740.07-0.520.750.380.540.670.69-0.710.710.050.31-0.050.220.69-0.420.440.60.010.410.07
0.960.290.930.610.970.63-0.490.980.70.90.970.69-0.560.990.560.42-0.160.630.94-0.230.420.9-0.020.66-0.6
-0.540.05-0.5-0.02-0.570.040.29-0.62-0.08-0.4-0.54-0.71-0.56-0.59-0.03-0.190.09-0.03-0.530.04-0.26-0.420.01-0.11-0.01
0.910.180.90.50.940.54-0.520.970.620.80.930.710.99-0.590.480.33-0.190.520.88-0.290.360.84-0.110.56-0.59
0.60.830.620.740.50.930.250.450.690.690.620.050.56-0.030.480.33-0.130.880.570.440.440.570.320.57-0.58
0.610.30.620.770.570.23-0.250.480.790.590.560.310.42-0.190.330.330.360.670.650.180.60.660.280.78-0.09
-0.040.010.030.15-0.06-0.190.05-0.120.09-0.05-0.07-0.05-0.160.09-0.19-0.130.360.07-0.010.030.070.030.240.160.16
0.750.770.760.970.660.850.060.560.910.810.730.220.63-0.030.520.880.670.070.750.30.660.770.410.86-0.48
1.00.380.960.770.980.61-0.450.930.830.940.980.690.94-0.530.880.570.65-0.010.75-0.10.590.970.120.85-0.48
-0.10.54-0.050.21-0.210.20.64-0.270.06-0.03-0.1-0.42-0.230.04-0.290.440.180.030.3-0.10.25-0.150.420.020.01
0.550.340.550.720.510.38-0.140.410.670.520.50.440.42-0.260.360.440.60.070.660.590.250.520.210.65-0.17
0.970.410.950.790.960.65-0.420.90.840.930.960.60.9-0.420.840.570.660.030.770.97-0.150.520.130.88-0.51
0.10.750.090.410.00.290.63-0.080.170.240.070.01-0.020.01-0.110.320.280.240.410.120.420.210.130.20.24
0.820.450.770.920.770.61-0.320.660.950.820.780.410.66-0.110.560.570.780.160.860.850.020.650.880.2-0.36
-0.5-0.26-0.6-0.39-0.49-0.70.24-0.48-0.44-0.51-0.530.07-0.6-0.01-0.59-0.58-0.090.16-0.48-0.480.01-0.17-0.510.24-0.36
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Zensar Technologies Account Relationship Matchups

Zensar Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets34.3B38.7B41.2B46.5B53.4B56.1B
Short Long Term Debt Total3.5B3.4B2.7B1.9B2.1B2.1B
Other Current Liab4.0B3.3B4.1B4.1B4.7B4.9B
Total Current Liabilities7.4B8.3B8.6B8.5B9.8B5.3B
Total Stockholder Equity23.4B26.9B29.8B35.6B41.0B43.0B
Property Plant And Equipment Net3.9B3.8B3.3B2.3B2.6B1.7B
Net Debt3.4M(1.7B)(2.0B)(2.6B)(2.3B)(2.2B)
Retained Earnings11.3B14.2B16.7B22.0B25.4B26.6B
Accounts Payable2.2B3.2B2.8B3.1B3.6B1.8B
Cash3.5B5.1B4.7B4.4B5.1B5.4B
Non Current Assets Total14.4B16.1B18.0B20.5B23.6B24.8B
Non Currrent Assets Other1.0B1.1B566M3.3B3.8B4.0B
Cash And Short Term Investments10.6B10.2B11.8B13.8B15.9B16.7B
Common Stock Shares Outstanding227.6M227.9M227.5M228.3M205.5M182.9M
Short Term Investments7.1B5.2B7.0B9.4B10.8B11.3B
Liabilities And Stockholders Equity34.3B38.7B41.2B46.5B53.4B56.1B
Non Current Liabilities Total3.2B3.5B2.9B2.3B2.7B1.7B
Other Current Assets622.3M1.2B1.3B1.3B1.5B1.1B
Other Stockholder Equity302.2M417M462M532M611.8M581.2M
Total Liab10.6B11.8B11.4B10.9B12.5B7.0B
Total Current Assets19.9B22.6B23.2B25.9B29.8B31.3B
Accumulated Other Comprehensive Income11.4B11.8B12.2B12.6B14.5B15.2B
Intangible Assets1.7B1.8B1.0B540M621M1.1B
Common Stock450.8M451.2M452M453M521.0M420.3M
Good Will5.8B7.2B7.5B7.6B8.7B9.1B
Short Term Debt957M545M(86M)637M732.6M944.8M
Net Receivables8.5B11.5B10.4B10.9B12.6B8.8B
Inventory(3.5B)(1.6B)(2.7B)(91M)(81.9M)(77.8M)
Current Deferred Revenue3.1B2.9B4.4B235M270.3M256.7M
Other Liab775M641.6M699.9M1.2B1.4B709.9M
Net Tangible Assets10.9B12.1B16.0B17.8B20.5B12.5B
Other Assets1.9B1.5B1.6B1.3B1.5B1.2B
Property Plant Equipment4.6B3.9B3.8B3.3B3.8B2.3B
Long Term Debt Total3.8B2.5B2.3B1.9B2.2B1.6B
Capital Surpluse281.2M301.8M417M462M531.3M318.6M
Capital Lease Obligations3.5B3.4B2.7B1.9B2.1B2.3B
Cash And Equivalents183.7M870M1.5B1.8B2.1B2.2B

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