Avient Net Working Capital vs Net Receivables Analysis

AVNT Stock

USD 44.68 0.48 1.09%

Avient Corp financial indicator trend analysis is way more than just evaluating Avient Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avient Corp is a good investment. Please check the relationship between Avient Corp Net Working Capital and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avient Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Avient Stock please use our How to Invest in Avient Corp guide.

Net Working Capital vs Net Receivables

Net Working Capital vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avient Corp Net Working Capital account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Avient Corp's Net Working Capital and Net Receivables is 0.54. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Avient Corp, assuming nothing else is changed. The correlation between historical values of Avient Corp's Net Working Capital 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 Net Working Capital of Avient Corp 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 Net Working Capital i.e., Avient Corp's Net Working Capital and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.54

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Working Capital

Net Receivables

Most indicators from Avient Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Avient Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Avient Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Avient Stock please use our How to Invest in Avient Corp guide.At this time, Avient Corp's Discontinued Operations is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 4 B in 2024, whereas Selling General Administrative is likely to drop slightly above 395.9 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	75.3M	119.8M	154.1M	161.8M
Depreciation And Amortization	144.6M	163.1M	258.4M	271.3M

Interest Expense Depreciation And Amortization

Avient Corp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	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	Common Stock	Intangible Assets
Total Assets		0.8	0.55	0.78	0.99	0.84	0.72	0.96	0.66	0.61	0.99	-0.1	0.61	0.59	-0.48	0.51	0.99	0.63	0.55	0.33	0.84	0.85	0.71	-0.31	-0.48	0.93
Short Long Term Debt Total	0.8		0.11	0.89	0.73	0.88	0.92	0.75	0.84	0.72	0.75	-0.07	0.72	0.74	-0.48	0.41	0.82	0.78	0.64	0.2	0.99	0.47	0.86	-0.38	-0.48	0.64
Other Current Liab	0.55	0.11		0.08	0.61	0.33	0.15	0.56	-0.04	0.0	0.63	0.02	0.0	-0.1	-0.09	0.2	0.52	-0.05	0.1	0.23	0.18	0.83	-0.02	0.01	-0.09	0.71
Total Current Liabilities	0.78	0.89	0.08		0.75	0.78	0.72	0.74	0.79	0.82	0.71	-0.05	0.82	0.77	-0.32	0.34	0.74	0.78	0.66	0.28	0.91	0.4	0.93	-0.19	-0.32	0.63
Total Stockholder Equity	0.99	0.73	0.61	0.75		0.83	0.64	0.95	0.57	0.6	0.98	-0.16	0.6	0.51	-0.39	0.48	0.95	0.54	0.51	0.38	0.79	0.87	0.66	-0.23	-0.39	0.95
Property Plant And Equipment Net	0.84	0.88	0.33	0.78	0.83		0.84	0.78	0.69	0.58	0.84	-0.3	0.58	0.55	-0.38	0.46	0.82	0.65	0.61	0.43	0.91	0.67	0.68	-0.28	-0.38	0.78
Net Debt	0.72	0.92	0.15	0.72	0.64	0.84		0.65	0.84	0.41	0.71	-0.07	0.41	0.68	-0.43	0.38	0.77	0.79	0.61	0.19	0.9	0.49	0.64	-0.35	-0.43	0.61
Retained Earnings	0.96	0.75	0.56	0.74	0.95	0.78	0.65		0.5	0.62	0.96	-0.17	0.62	0.41	-0.31	0.28	0.93	0.5	0.35	0.08	0.78	0.84	0.63	-0.13	-0.31	0.94
Accounts Payable	0.66	0.84	-0.04	0.79	0.57	0.69	0.84	0.5		0.5	0.58	0.19	0.5	0.97	-0.64	0.65	0.7	0.96	0.81	0.44	0.84	0.32	0.83	-0.57	-0.64	0.41
Cash	0.61	0.72	0.0	0.82	0.6	0.58	0.41	0.62	0.5		0.52	-0.03	1.0	0.53	-0.38	0.28	0.57	0.46	0.42	0.13	0.74	0.26	0.89	-0.27	-0.38	0.44
Non Current Assets Total	0.99	0.75	0.63	0.71	0.98	0.84	0.71	0.96	0.58	0.52		-0.16	0.52	0.49	-0.41	0.46	0.97	0.55	0.48	0.31	0.79	0.9	0.61	-0.24	-0.41	0.97
Non Currrent Assets Other	-0.1	-0.07	0.02	-0.05	-0.16	-0.3	-0.07	-0.17	0.19	-0.03	-0.16		-0.03	0.3	-0.27	0.14	-0.05	0.15	0.06	-0.05	-0.1	-0.01	0.1	-0.17	-0.27	-0.27
Cash And Short Term Investments	0.61	0.72	0.0	0.82	0.6	0.58	0.41	0.62	0.5	1.0	0.52	-0.03		0.53	-0.38	0.28	0.57	0.46	0.42	0.13	0.74	0.26	0.89	-0.27	-0.38	0.44
Net Receivables	0.59	0.74	-0.1	0.77	0.51	0.55	0.68	0.41	0.97	0.53	0.49	0.3	0.53		-0.67	0.68	0.62	0.94	0.79	0.45	0.74	0.22	0.85	-0.58	-0.67	0.3
Common Stock Total Equity	-0.48	-0.48	-0.09	-0.32	-0.39	-0.38	-0.43	-0.31	-0.64	-0.38	-0.41	-0.27	-0.38	-0.67		-0.89	-0.56	-0.59	-0.63	-0.4	-0.5	-0.34	-0.58	0.94	1.0	-0.19
Common Stock Shares Outstanding	0.51	0.41	0.2	0.34	0.48	0.46	0.38	0.28	0.65	0.28	0.46	0.14	0.28	0.68	-0.89		0.55	0.58	0.73	0.74	0.46	0.4	0.53	-0.85	-0.89	0.27
Non Current Liabilities Total	0.99	0.82	0.52	0.74	0.95	0.82	0.77	0.93	0.7	0.57	0.97	-0.05	0.57	0.62	-0.56	0.55		0.66	0.55	0.28	0.85	0.84	0.7	-0.4	-0.56	0.89
Inventory	0.63	0.78	-0.05	0.78	0.54	0.65	0.79	0.5	0.96	0.46	0.55	0.15	0.46	0.94	-0.59	0.58	0.66		0.79	0.35	0.78	0.31	0.8	-0.52	-0.59	0.38
Other Current Assets	0.55	0.64	0.1	0.66	0.51	0.61	0.61	0.35	0.81	0.42	0.48	0.06	0.42	0.79	-0.63	0.73	0.55	0.79		0.67	0.7	0.3	0.71	-0.58	-0.63	0.36
Other Stockholder Equity	0.33	0.2	0.23	0.28	0.38	0.43	0.19	0.08	0.44	0.13	0.31	-0.05	0.13	0.45	-0.4	0.74	0.28	0.35	0.67		0.31	0.26	0.33	-0.44	-0.4	0.24
Total Liab	0.84	0.99	0.18	0.91	0.79	0.91	0.9	0.78	0.84	0.74	0.79	-0.1	0.74	0.74	-0.5	0.46	0.85	0.78	0.7	0.31		0.53	0.87	-0.39	-0.49	0.69
Property Plant And Equipment Gross	0.85	0.47	0.83	0.4	0.87	0.67	0.49	0.84	0.32	0.26	0.9	-0.01	0.26	0.22	-0.34	0.4	0.84	0.31	0.3	0.26	0.53		0.31	-0.16	-0.34	0.89
Total Current Assets	0.71	0.86	-0.02	0.93	0.66	0.68	0.64	0.63	0.83	0.89	0.61	0.1	0.89	0.85	-0.58	0.53	0.7	0.8	0.71	0.33	0.87	0.31		-0.47	-0.58	0.46
Short Term Debt	-0.31	-0.38	0.01	-0.19	-0.23	-0.28	-0.35	-0.13	-0.57	-0.27	-0.24	-0.17	-0.27	-0.58	0.94	-0.85	-0.4	-0.52	-0.58	-0.44	-0.39	-0.16	-0.47		0.94	-0.04
Common Stock	-0.48	-0.48	-0.09	-0.32	-0.39	-0.38	-0.43	-0.31	-0.64	-0.38	-0.41	-0.27	-0.38	-0.67	1.0	-0.89	-0.56	-0.59	-0.63	-0.4	-0.49	-0.34	-0.58	0.94		-0.19
Intangible Assets	0.93	0.64	0.71	0.63	0.95	0.78	0.61	0.94	0.41	0.44	0.97	-0.27	0.44	0.3	-0.19	0.27	0.89	0.38	0.36	0.24	0.69	0.89	0.46	-0.04	-0.19

Click cells to compare fundamentals

Avient Corp Account Relationship Matchups

Avient Corp fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3B	4.9B	5.0B	6.1B	6.0B	6.3B
Short Long Term Debt Total	1.3B	2.0B	1.9B	2.2B	2.1B	1.1B
Other Current Liab	11.2M	30.2M	40M	53.3M	243.2M	255.4M
Total Current Liabilities	695.1M	804.6M	946.3M	869.4M	773.6M	590.5M
Total Stockholder Equity	1.1B	1.7B	1.8B	2.3B	2.3B	2.4B
Property Plant And Equipment Net	471.2M	775.8M	750.2M	1.1B	1.1B	627.2M
Net Debt	428.4M	1.3B	1.3B	1.6B	1.6B	799.7M
Retained Earnings	1.0B	1.1B	1.2B	1.8B	1.8B	1.9B
Accounts Payable	283.3M	471.7M	553.9M	454.4M	432.3M	344.6M
Cash	864.7M	649.5M	601.2M	641.1M	545.8M	276.7M
Non Current Assets Total	1.8B	3.3B	3.2B	4.5B	4.6B	4.8B
Non Currrent Assets Other	133.3M	195.4M	208.4M	(206.3M)	156.6M	140.5M
Cash And Short Term Investments	864.7M	649.5M	601.2M	641.1M	545.8M	276.7M
Net Receivables	326.8M	516.6M	642.3M	440.6M	399.9M	372.1M
Common Stock Shares Outstanding	77.7M	90.6M	92.1M	92.2M	91.8M	96.4M
Liabilities And Stockholders Equity	3.3B	4.9B	5.0B	6.1B	6.0B	6.3B
Non Current Liabilities Total	1.5B	2.4B	2.3B	2.9B	2.9B	3.0B
Inventory	260.9M	327.5M	461.1M	372.7M	347M	301.2M
Other Current Assets	54M	89.9M	128.1M	115.3M	114.9M	67.1M
Other Stockholder Equity	132.1M	598.6M	611.1M	585.5M	597.2M	467.0M
Total Liab	2.2B	3.2B	3.2B	3.7B	3.6B	2.0B
Property Plant And Equipment Gross	471.2M	775.8M	750.2M	1.1B	2.0B	2.1B
Total Current Assets	1.5B	1.6B	1.8B	1.6B	1.4B	1.0B
Short Term Debt	39.4M	43.7M	32.8M	19.2M	26.1M	35.5M
Accumulated Other Comprehensive Income	(82.6M)	26.4M	(45.6M)	(75.8M)	(87.4M)	(91.8M)
Intangible Assets	469.3M	1.0B	925.2M	1.6B	1.6B	1.7B
Good Will	685.7M	1.3B	1.3B	1.7B	1.7B	1.8B
Current Deferred Revenue	361.2M	259M	319.6M	342.5M	72M	68.4M
Net Tangible Assets	(103.1M)	(619.5M)	(436.9M)	(935M)	(841.5M)	(799.4M)
Long Term Debt	1.2B	1.9B	1.9B	2.2B	2.1B	1.5B
Retained Earnings Total Equity	1.0B	1.1B	1.2B	1.8B	2.1B	2.2B
Long Term Debt Total	1.2B	1.9B	1.9B	2.2B	2.5B	1.4B
Capital Surpluse	1.2B	1.5B	1.5B	1.5B	1.7B	1.3B
Treasury Stock	(1.0B)	(1.0B)	(901.2M)	(900.7M)	(810.6M)	(851.2M)
Non Current Liabilities Other	11.9M	363.8M	165.1M	235.5M	22.1M	21.0M
Property Plant Equipment	471.2M	694.9M	750.2M	1.0B	1.2B	629.3M
Deferred Long Term Liab	63.5M	140M	100.6M	342.5M	393.9M	413.6M

Pair Trading with Avient Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avient Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avient Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avient Stock

0.85

Dupont De Nemours Financial Report 7th of August 2024

Pair Corr

Moving against Avient Stock

0.72

DNMR

Danimer Scientific

Pair Corr

The ability to find closely correlated positions to Avient Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avient Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avient Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avient Corp to buy it.

The correlation of Avient Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avient Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avient Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Avient Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Avient Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Avient Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Avient Corp Stock. Highlighted below are key reports to facilitate an investment decision about Avient Corp Stock:

How To Invest In Avient

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Is Avient Stock a good investment?

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What is Avient Corp's Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avient Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Avient Stock please use our How to Invest in Avient Corp guide.

You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Avient Corp's price analysis, check to measure Avient Corp'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 Avient Corp is operating at the current time. Most of Avient Corp's value examination focuses on studying past and present price action to predict the probability of Avient Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avient Corp's price. Additionally, you may evaluate how the addition of Avient Corp to your portfolios can decrease your overall portfolio volatility.

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Is Avient Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avient Corp. If investors know Avient will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avient Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

1.469

Dividend Share

1.01

Earnings Share

1.14

Revenue Per Share

34.296

Quarterly Revenue Growth

(0.02)

The market value of Avient Corp is measured differently than its book value, which is the value of Avient that is recorded on the company's balance sheet. Investors also form their own opinion of Avient Corp's value that differs from its market value or its book value, called intrinsic value, which is Avient Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avient Corp's market value can be influenced by many factors that don't directly affect Avient Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Avient Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avient Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avient Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Avient Net Working Capital vs Net Receivables Analysis

Net Working Capital vs Net Receivables

Net Working Capital vs Net Receivables Correlation Analysis

Correlation Coefficient

Net Working Capital

Net Receivables

Avient Corp fundamental ratios Correlations

Avient Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avient Corp fundamental ratios Accounts

Pair Trading with Avient Corp

Moving together with Avient Stock

Moving against Avient Stock

Complementary Tools for Avient Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total

Common Stock	- 0.89	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.89	Common Stock Total Equity
Short Term Debt	- 0.85	Common Stock Shares Outstanding
Common Stock	- 0.67	Net Receivables
Common Stock Total Equity	- 0.67	Net Receivables
Common Stock	- 0.64	Accounts Payable