Church Retained Earnings vs Accounts Payable Analysis

CHD Stock  USD 106.78  0.15  0.14%   
Church Dwight financial indicator trend analysis is way more than just evaluating Church Dwight prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Church Dwight is a good investment. Please check the relationship between Church Dwight Retained Earnings and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Church Dwight. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Church Stock refer to our How to Trade Church Stock guide.

Retained Earnings vs Accounts Payable

Retained Earnings vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Church Dwight Retained Earnings account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Church Dwight's Retained Earnings and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Church Dwight, assuming nothing else is changed. The correlation between historical values of Church Dwight's Retained Earnings 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 Retained Earnings of Church Dwight 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 Retained Earnings i.e., Church Dwight's Retained Earnings and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Accounts Payable

An accounting item on the balance sheet that represents Church Dwight 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 Church Dwight 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 Church Dwight's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Church Dwight 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 Church Dwight. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Church Stock refer to our How to Trade Church Stock guide.At present, Church Dwight's Tax Provision is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit2.3B2.3B2.6B2.7B
Total Revenue5.2B5.4B5.9B6.2B

Church Dwight fundamental ratios Correlations

0.960.310.880.960.830.930.990.251.0-0.750.250.94-0.150.960.980.68-0.910.990.840.920.330.980.980.90.9
0.960.270.870.850.720.990.950.120.97-0.830.120.84-0.350.980.930.59-0.960.990.760.810.380.970.940.910.91
0.310.270.520.270.180.270.280.010.32-0.180.010.320.090.220.180.09-0.270.320.030.20.590.320.290.330.33
0.880.870.520.810.660.850.880.170.89-0.720.170.79-0.230.790.840.57-0.870.90.710.760.720.890.90.820.82
0.960.850.270.810.910.810.950.40.95-0.640.40.980.070.880.960.73-0.80.90.880.970.230.910.930.820.82
0.830.720.180.660.910.660.830.540.8-0.590.540.950.220.740.830.61-0.660.750.880.930.090.740.760.730.73
0.930.990.270.850.810.660.940.00.95-0.860.00.78-0.430.970.910.53-0.970.980.730.740.370.960.940.910.91
0.990.950.280.880.950.830.940.170.99-0.810.170.92-0.220.950.990.59-0.950.970.870.880.320.980.990.910.91
0.250.120.010.170.40.540.00.170.190.121.00.490.620.130.190.560.080.150.310.60.070.090.110.040.04
1.00.970.320.890.950.80.950.990.19-0.780.190.92-0.20.970.980.65-0.930.990.820.890.340.990.990.910.91
-0.75-0.83-0.18-0.72-0.64-0.59-0.86-0.810.12-0.780.12-0.620.48-0.78-0.75-0.220.9-0.8-0.62-0.56-0.34-0.77-0.77-0.86-0.86
0.250.120.010.170.40.540.00.171.00.190.120.490.620.130.190.560.080.150.310.60.070.090.110.040.04
0.940.840.320.790.980.950.780.920.490.92-0.620.490.130.860.910.72-0.760.880.850.980.230.870.880.830.83
-0.15-0.350.09-0.230.070.22-0.43-0.220.62-0.20.480.620.13-0.28-0.190.230.49-0.28-0.040.15-0.22-0.28-0.26-0.25-0.25
0.960.980.220.790.880.740.970.950.130.97-0.780.130.86-0.280.950.61-0.930.980.760.830.210.970.940.90.9
0.980.930.180.840.960.830.910.990.190.98-0.750.190.91-0.190.950.65-0.910.960.890.90.230.970.980.860.86
0.680.590.090.570.730.610.530.590.560.65-0.220.560.720.230.610.65-0.420.620.640.780.240.630.630.470.47
-0.91-0.96-0.27-0.87-0.8-0.66-0.97-0.950.08-0.930.90.08-0.760.49-0.93-0.91-0.42-0.95-0.75-0.71-0.39-0.95-0.95-0.92-0.92
0.990.990.320.90.90.750.980.970.150.99-0.80.150.88-0.280.980.960.62-0.950.780.850.380.990.970.910.91
0.840.760.030.710.880.880.730.870.310.82-0.620.310.85-0.040.760.890.64-0.750.780.860.140.80.850.680.68
0.920.810.20.760.970.930.740.880.60.89-0.560.60.980.150.830.90.78-0.710.850.860.220.840.850.740.74
0.330.380.590.720.230.090.370.320.070.34-0.340.070.23-0.220.210.230.24-0.390.380.140.220.350.350.350.35
0.980.970.320.890.910.740.960.980.090.99-0.770.090.87-0.280.970.970.63-0.950.990.80.840.350.990.90.9
0.980.940.290.90.930.760.940.990.110.99-0.770.110.88-0.260.940.980.63-0.950.970.850.850.350.990.890.89
0.90.910.330.820.820.730.910.910.040.91-0.860.040.83-0.250.90.860.47-0.920.910.680.740.350.90.891.0
0.90.910.330.820.820.730.910.910.040.91-0.860.040.83-0.250.90.860.47-0.920.910.680.740.350.90.891.0
Click cells to compare fundamentals

Church Dwight Account Relationship Matchups

Church Dwight fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.7B7.4B8.0B8.3B8.6B9.0B
Short Long Term Debt Total2.1B2.2B2.6B2.7B2.6B2.7B
Other Current Liab839.4M1.0B1.1B(313.9M)555.7M583.5M
Total Current Liabilities1.1B1.4B2.1B1.2B1.4B1.5B
Total Stockholder Equity2.7B3.0B3.2B3.5B3.9B4.0B
Property Plant And Equipment Net573M612.8M652.7M761.1M1.1B1.2B
Net Debt1.9B2.0B2.3B2.4B2.3B2.4B
Retained Earnings4.2B4.8B5.4B5.5B6.0B6.3B
Cash155.7M183.1M240.6M270.3M344.5M361.7M
Non Current Assets Total5.7B6.3B6.8B6.9B7.0B7.4B
Non Currrent Assets Other(290.8M)(366.9M)(412.6M)(439.5M)(563.1M)(534.9M)
Cash And Short Term Investments155.7M183.1M240.6M270.3M344.5M361.7M
Net Receivables356.4M398.8M405.5M422M526.9M553.2M
Common Stock Shares Outstanding252.1M252.2M249.6M246.3M247.6M284.1M
Liabilities And Stockholders Equity6.7B7.4B8.0B8.3B8.6B9.0B
Non Current Liabilities Total2.9B3.0B2.7B3.7B3.3B3.5B
Inventory417.4M495.4M535.4M646.6M613.3M644.0M
Other Current Assets26.9M35.1M51.9M57M45M39.4M
Other Stockholder Equity(1.8B)(2.0B)(2.4B)(2.3B)(2.4B)(2.3B)
Total Liab4.0B4.4B4.8B4.9B4.7B4.9B
Property Plant And Equipment Gross573M612.8M1.5B1.6B1.8B1.9B
Total Current Assets956.4M1.1B1.2B1.4B1.5B1.6B
Accumulated Other Comprehensive Income(66.7M)(77.6M)(68.2M)(29.3M)(27.2M)(28.6M)
Short Term Debt252.9M351.4M952.2M74M228.5M166.3M
Intangible Assets2.8B3.1B3.5B3.4B3.3B3.5B
Accounts Payable473.3M588.1M663.8M666.7M630.6M662.1M
Other Liab913.6M1.2B1.1B920.5M1.1B1.1B
Other Assets138.1M351M332.5M317.5M365.1M383.4M
Long Term Debt1.8B1.8B1.6B2.6B2.2B2.3B
Treasury Stock(2.1B)(2.3B)(2.7B)(2.7B)(2.4B)(2.3B)
Property Plant Equipment573M612.8M652.7M761.1M875.3M519.5M
Good Will2.1B2.2B2.3B2.4B2.4B1.4B
Current Deferred Revenue(473.3M)(588.1M)(663.8M)757M7.2M7.6M
Net Tangible Assets(2.2B)(2.3B)(2.5B)(2.4B)(2.1B)(2.0B)
Retained Earnings Total Equity4.2B4.8B5.4B5.5B6.4B3.6B

Pair Trading with Church Dwight

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 Church Dwight 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 Church Dwight will appreciate offsetting losses from the drop in the long position's value.

Moving together with Church Stock

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Moving against Church Stock

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  0.66HELE Helen of Troy Financial Report 8th of July 2024 PairCorr
The ability to find closely correlated positions to Church Dwight could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Church Dwight 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 Church Dwight - 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 Church Dwight to buy it.
The correlation of Church Dwight 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 Church Dwight moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Church Dwight 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 Church Dwight 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 CorrelationCorrelation Matching
When determining whether Church Dwight is a strong investment it is important to analyze Church Dwight's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Church Dwight's future performance. For an informed investment choice regarding Church Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Church Dwight. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For information on how to trade Church Stock refer to our How to Trade Church Stock guide.
Note that the Church Dwight information on this page should be used as a complementary analysis to other Church Dwight's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Church Stock analysis

When running Church Dwight's price analysis, check to measure Church Dwight'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 Church Dwight is operating at the current time. Most of Church Dwight's value examination focuses on studying past and present price action to predict the probability of Church Dwight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Church Dwight's price. Additionally, you may evaluate how the addition of Church Dwight to your portfolios can decrease your overall portfolio volatility.
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Is Church Dwight'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 Church Dwight. If investors know Church 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 Church Dwight 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
0.134
Dividend Share
1.101
Earnings Share
3.16
Revenue Per Share
24.27
Quarterly Revenue Growth
0.051
The market value of Church Dwight is measured differently than its book value, which is the value of Church that is recorded on the company's balance sheet. Investors also form their own opinion of Church Dwight's value that differs from its market value or its book value, called intrinsic value, which is Church Dwight'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 Church Dwight's market value can be influenced by many factors that don't directly affect Church Dwight'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 Church Dwight's value and its price as these two are different measures arrived at by different means. Investors typically determine if Church Dwight is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Church Dwight'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.