Fresh Property Plant And Equipment Gross vs Accounts Payable Analysis

FDP Stock  USD 22.75  0.05  0.22%   
Fresh Del financial indicator trend analysis is much more than just examining Fresh Del Monte latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fresh Del Monte is a good investment. Please check the relationship between Fresh Del Property Plant And Equipment Gross and its Accounts Payable accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fresh Del Monte. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Property Plant And Equipment Gross vs Accounts Payable

Property Plant And Equipment Gross vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fresh Del Monte Property Plant And Equipment Gross account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Fresh Del's Property Plant And Equipment Gross and Accounts Payable is 0.18. Overlapping area represents the amount of variation of Property Plant And Equipment Gross that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Fresh Del Monte, assuming nothing else is changed. The correlation between historical values of Fresh Del's Property Plant And Equipment Gross 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 Property Plant And Equipment Gross of Fresh Del Monte 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 Property Plant And Equipment Gross i.e., Fresh Del's Property Plant And Equipment Gross and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.18
Relationship DirectionPositive 
Relationship StrengthInsignificant

Property Plant And Equipment Gross

Accounts Payable

An accounting item on the balance sheet that represents Fresh Del 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 Fresh Del Monte 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 Fresh Del's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fresh Del Monte 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 Fresh Del Monte. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
As of 06/06/2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Selling General Administrative is likely to drop slightly above 174.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit303.8M340.2M350.7M329.4M
Total Revenue4.3B4.4B4.3B3.6B

Fresh Del fundamental ratios Correlations

0.720.110.940.870.980.750.890.51-0.860.99-0.14-0.860.94-0.160.580.780.940.440.860.860.560.940.460.52-0.16
0.720.160.880.30.751.00.330.32-0.540.77-0.63-0.540.54-0.5-0.080.980.570.150.340.970.50.550.70.75-0.5
0.110.160.190.110.080.150.08-0.31-0.060.08-0.21-0.060.15-0.420.210.050.14-0.170.20.10.780.160.69-0.36-0.42
0.940.880.190.680.930.90.710.46-0.780.95-0.36-0.780.83-0.310.370.90.850.380.690.960.610.850.620.65-0.31
0.870.30.110.680.820.341.00.43-0.790.810.25-0.790.930.090.840.380.920.480.960.50.470.930.20.140.09
0.980.750.080.930.820.780.840.49-0.880.98-0.18-0.880.92-0.280.490.810.90.320.840.870.580.90.50.49-0.28
0.751.00.150.90.340.780.380.34-0.590.8-0.6-0.590.58-0.5-0.040.980.60.180.380.980.510.580.690.74-0.5
0.890.330.080.711.00.840.380.42-0.80.840.23-0.80.920.110.810.420.920.470.930.530.450.930.210.20.11
0.510.32-0.310.460.430.490.340.42-0.50.480.16-0.50.57-0.130.350.420.50.250.470.440.180.53-0.10.38-0.13
-0.86-0.54-0.06-0.78-0.79-0.88-0.59-0.8-0.5-0.84-0.061.0-0.870.33-0.58-0.62-0.82-0.43-0.83-0.69-0.55-0.84-0.35-0.330.33
0.990.770.080.950.810.980.80.840.48-0.84-0.24-0.840.9-0.180.510.840.890.380.790.90.550.890.50.6-0.18
-0.14-0.63-0.21-0.360.25-0.18-0.60.230.16-0.06-0.24-0.060.040.350.39-0.60.10.090.2-0.53-0.190.08-0.47-0.520.34
-0.86-0.54-0.06-0.78-0.79-0.88-0.59-0.8-0.51.0-0.84-0.06-0.870.33-0.58-0.62-0.82-0.43-0.83-0.69-0.55-0.84-0.35-0.330.33
0.940.540.150.830.930.920.580.920.57-0.870.90.04-0.87-0.190.680.610.960.450.950.70.590.980.320.27-0.18
-0.16-0.5-0.42-0.310.09-0.28-0.50.11-0.130.33-0.180.350.33-0.190.26-0.43-0.090.23-0.12-0.4-0.61-0.11-0.580.011.0
0.58-0.080.210.370.840.49-0.040.810.35-0.580.510.39-0.580.680.260.010.640.40.790.140.420.690.03-0.150.26
0.780.980.050.90.380.810.980.420.42-0.620.84-0.6-0.620.61-0.430.010.60.180.410.990.460.590.610.79-0.43
0.940.570.140.850.920.90.60.920.5-0.820.890.1-0.820.96-0.090.640.60.470.90.70.550.990.380.31-0.09
0.440.15-0.170.380.480.320.180.470.25-0.430.380.09-0.430.450.230.40.180.470.410.26-0.130.53-0.170.360.23
0.860.340.20.690.960.840.380.930.47-0.830.790.2-0.830.95-0.120.790.410.90.410.520.60.930.280.05-0.12
0.860.970.10.960.50.870.980.530.44-0.690.9-0.53-0.690.7-0.40.140.990.70.260.520.530.70.630.76-0.4
0.560.50.780.610.470.580.510.450.18-0.550.55-0.19-0.550.59-0.610.420.460.55-0.130.60.530.550.8-0.08-0.61
0.940.550.160.850.930.90.580.930.53-0.840.890.08-0.840.98-0.110.690.590.990.530.930.70.550.340.3-0.1
0.460.70.690.620.20.50.690.21-0.1-0.350.5-0.47-0.350.32-0.580.030.610.38-0.170.280.630.80.340.21-0.58
0.520.75-0.360.650.140.490.740.20.38-0.330.6-0.52-0.330.270.01-0.150.790.310.360.050.76-0.080.30.210.01
-0.16-0.5-0.42-0.310.09-0.28-0.50.11-0.130.33-0.180.340.33-0.181.00.26-0.43-0.090.23-0.12-0.4-0.61-0.1-0.580.01
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Fresh Del Account Relationship Matchups

Fresh Del fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B3.3B3.4B3.5B3.2B2.6B
Short Long Term Debt Total722.3M685.2M702M737.3M598.2M424.1M
Other Current Liab8.9M7.9M14M220.8M490.6M515.1M
Total Current Liabilities562.9M554.8M629.2M607M540.6M450.8M
Total Stockholder Equity1.7B1.7B1.8B1.9B1.9B1.5B
Property Plant And Equipment Net1.6B1.6B1.6B1.5B1.5B1.1B
Net Debt689M668.7M685.9M720.1M564.4M389.6M
Retained Earnings1.3B1.3B1.3B1.4B1.3B985.2M
Accounts Payable522.2M266.5M320M295.9M243.1M330.3M
Cash33.3M16.5M16.1M17.2M33.8M25.1M
Non Current Assets Total2.3B2.3B2.3B2.2B2.0B1.6B
Non Currrent Assets Other49M46.9M57.9M70.9M60.7M68.1M
Cash And Short Term Investments33.3M16.5M16.1M17.2M33.8M25.1M
Net Receivables439M435.2M437.3M464.5M482.1M374.9M
Common Stock Shares Outstanding48.4M47.7M47.7M47.9M48.0M58.5M
Liabilities And Stockholders Equity3.3B3.3B3.4B3.5B3.2B2.6B
Non Current Liabilities Total988M988.6M895.4M876.9M730.8M599.8M
Inventory551.8M507.7M602.8M669M599.9M451.3M
Other Current Assets27.4M52.9M40.2M90.7M24M22.8M
Other Stockholder Equity531.4M533.1M541M548.1M597.7M508.8M
Total Liab1.6B1.5B1.5B1.5B1.3B1.1B
Property Plant And Equipment Gross1.6B1.4B1.6B1.5B2.5B2.7B
Total Current Assets1.1B1.0B1.1B1.2B1.1B913.3M
Accumulated Other Comprehensive Income(65.4M)(77M)(66.9M)(41.5M)(43.3M)(41.1M)
Short Term Debt32.8M29M38.3M42.9M50M52.5M
Intangible Assets158.2M150.4M142.8M135M33.3M31.6M
Other Liab268.2M281.8M231.7M182.5M209.9M175.9M
Other Assets149.3M337M111.7M118.3M136.0M123.5M
Long Term Debt586.8M541.8M527.7M547.1M406.1M362.6M
Good Will423.4M423.7M424M422.9M401.9M339.4M
Property Plant Equipment1.4B1.4B1.4B1.3B1.5B1.2B
Current Deferred Revenue100M245.3M260.1M47.4M(243.1M)(230.9M)
Net Tangible Assets1.2B1.2B1.3B1.4B1.3B1.2B
Noncontrolling Interest In Consolidated Entity25.8M24.5M21.7M20.9M18.8M22.8M
Retained Earnings Total Equity1.3B1.3B1.3B1.4B1.6B1.4B
Long Term Debt Total586.8M541.8M527.7M547.1M629.2M410.1M

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Additional Tools for Fresh Stock Analysis

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