Descartes Accounts Payable vs Common Stock Shares Outstanding Analysis
DSGX Stock | USD 100.23 1.22 1.23% |
Descartes Systems financial indicator trend analysis is much more than just examining Descartes Systems latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Descartes Systems is a good investment. Please check the relationship between Descartes Systems Accounts Payable and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Accounts Payable vs Common Stock Shares Outstanding
Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Descartes Systems Accounts Payable account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Descartes Systems' Accounts Payable and Common Stock Shares Outstanding is 0.13. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Descartes Systems Group, assuming nothing else is changed. The correlation between historical values of Descartes Systems' Accounts Payable and Common Stock Shares Outstanding 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 Descartes Systems Group are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., Descartes Systems' Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents Descartes Systems 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 Descartes Systems 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.Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Descartes Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Descartes Systems 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. At this time, Descartes Systems' Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.13 in 2024, whereas Selling General Administrative is likely to drop slightly above 31.5 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 322.9M | 372.7M | 375.6M | 394.4M | Total Revenue | 424.7M | 486.0M | 575.2M | 604.0M |
Descartes Systems fundamental ratios Correlations
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Descartes Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Descartes Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 942.6M | 1.1B | 1.2B | 1.3B | 1.5B | 1.5B | |
Short Long Term Debt Total | 13.4M | 13.1M | 11.4M | 7.3M | 6.9M | 6.6M | |
Other Current Liab | 36.2M | 42.3M | 62.1M | 87.8M | 98.0M | 102.9M | |
Total Current Liabilities | 88.9M | 104.3M | 133.4M | 169.6M | 202.4M | 212.5M | |
Total Stockholder Equity | 821.7M | 911.1M | 999.8M | 1.1B | 1.2B | 1.3B | |
Property Plant And Equipment Net | 26.6M | 24.3M | 21.4M | 18.2M | 17.7M | 11.7M | |
Net Debt | (31.0M) | (120.6M) | (202.0M) | (269.1M) | (312.1M) | (296.5M) | |
Retained Earnings | (135.8M) | (83.7M) | 2.6M | 104.8M | 219.4M | 230.4M | |
Accounts Payable | 7.7M | 8.0M | 10.6M | 10.6M | 17.4M | 18.2M | |
Cash | 44.4M | 133.7M | 213.4M | 276.4M | 319.0M | 334.9M | |
Non Current Assets Total | 842.4M | 860.2M | 893.4M | 957.4M | 1.0B | 1.1B | |
Non Currrent Assets Other | 13.5M | 15.6M | 18.7M | 22.2M | (231.1M) | (219.6M) | |
Cash And Short Term Investments | 44.4M | 133.7M | 213.4M | 276.4M | 319.0M | 334.9M | |
Net Receivables | 42.4M | 52.0M | 55.8M | 56.8M | 63.4M | 66.5M | |
Common Stock Shares Outstanding | 82.9M | 85.8M | 86.2M | 86.5M | 86.8M | 66.4M | |
Liabilities And Stockholders Equity | 942.6M | 1.1B | 1.2B | 1.3B | 1.5B | 1.5B | |
Other Current Assets | 13.0M | 16.9M | 22.0M | 24.7M | 33.3M | 34.9M | |
Other Stockholder Equity | (388.4M) | (448.2M) | (538.9M) | (643.3M) | 491.7M | 516.3M | |
Total Liab | 120.9M | 152.2M | 185.6M | 216.7M | 234.8M | 246.5M | |
Total Current Assets | 100.2M | 203.1M | 292.1M | 358.7M | 415.6M | 436.4M | |
Short Term Debt | 3.9M | 4.2M | 4.0M | 3.4M | 3.1M | 5.6M | |
Intangible Assets | 257.0M | 240.0M | 229.6M | 229.8M | 251.0M | 263.6M | |
Other Assets | 35.1M | 30.8M | 33.6M | 33.7M | 38.8M | 19.7M | |
Good Will | 523.7M | 565.2M | 608.8M | 675.6M | 755.8M | 793.6M | |
Common Stock Total Equity | 274.5M | 276.8M | 524.2M | 531.8M | 611.6M | 642.2M | |
Property Plant And Equipment Gross | 26.6M | 24.3M | 21.4M | 56.0M | 60.4M | 63.5M | |
Accumulated Other Comprehensive Income | (25.9M) | (1.2M) | (12.4M) | (30.5M) | (28.4M) | (27.0M) | |
Common Stock | 524.2M | 531.8M | 536.3M | 538.4M | 547.8M | 298.7M | |
Property Plant Equipment | 26.6M | 24.3M | 21.4M | 18.2M | 20.9M | 12.1M | |
Non Current Liabilities Total | 31.9M | 47.9M | 52.2M | 47.1M | 32.4M | 35.0M | |
Current Deferred Revenue | 41.1M | 49.9M | 56.8M | 67.8M | 84.0M | 88.2M | |
Other Liab | 22.5M | 39.0M | 44.8M | 43.1M | 49.6M | 52.1M | |
Net Tangible Assets | 41.1M | 105.9M | 161.4M | 193.9M | 223.0M | 234.2M | |
Inventory | 411K | 429K | 868K | 759K | 1.0 | 0.95 | |
Deferred Long Term Liab | 9.8M | 12.9M | 16.6M | 18.4M | 21.2M | 22.2M | |
Net Invested Capital | 821.7M | 911.1M | 999.8M | 1.1B | 1.2B | 968.8M | |
Net Working Capital | 11.3M | 98.8M | 158.6M | 189.1M | 214.6M | 225.3M | |
Capital Stock | 524.2M | 531.8M | 536.3M | 538.4M | 551.2M | 542.4M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Descartes Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Descartes Systems' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Descartes Systems Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Descartes Systems Group Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Descartes Systems Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Descartes Systems information on this page should be used as a complementary analysis to other Descartes Systems' 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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Is Descartes Systems' 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 Descartes Systems. If investors know Descartes 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 Descartes Systems 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 0.088 | Earnings Share 1.34 | Revenue Per Share 6.735 | Quarterly Revenue Growth 0.184 | Return On Assets 0.0737 |
The market value of Descartes Systems is measured differently than its book value, which is the value of Descartes that is recorded on the company's balance sheet. Investors also form their own opinion of Descartes Systems' value that differs from its market value or its book value, called intrinsic value, which is Descartes Systems' 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 Descartes Systems' market value can be influenced by many factors that don't directly affect Descartes Systems' 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 Descartes Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Descartes Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Descartes Systems' 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.