Fox Accounts Payable vs Net Working Capital Analysis

FOXF Stock

USD 46.14 0.83 1.77%

Fox Factory financial indicator trend analysis is much more than just examining Fox Factory Holding latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fox Factory Holding is a good investment. Please check the relationship between Fox Factory Accounts Payable and its Net Working Capital accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Accounts Payable vs Net Working Capital

Accounts Payable vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fox Factory Holding Accounts Payable account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Fox Factory's Accounts Payable and Net Working Capital is 0.94. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Fox Factory Holding, assuming nothing else is changed. The correlation between historical values of Fox Factory's Accounts Payable and Net Working Capital 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 Fox Factory Holding are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Accounts Payable i.e., Fox Factory's Accounts Payable and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Fox Factory 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 Fox Factory Holding 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.

Net Working Capital

Most indicators from Fox Factory's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fox Factory Holding 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 Fox Factory Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

At this time, Fox Factory's Enterprise Value Multiple is most likely to increase in the upcoming years.

	2021	2022	2023	2024 (projected)
Interest Expense	8.2M	8.9M	19.3M	20.3M
Depreciation And Amortization	20.3M	17.5M	58.6M	61.5M

Interest Expense Depreciation And Amortization

Fox Factory fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.83	0.7	0.81	0.89	0.86	0.4	0.84	0.56	0.83	0.88	0.72	0.78	0.6	0.74	0.7	0.72	0.88	0.75	0.93	0.69	0.83	0.5	0.86	0.77	0.78
Total Assets	0.83		0.95	0.94	0.81	0.99	0.21	0.99	0.86	0.99	0.82	0.65	0.99	0.89	0.91	0.94	0.65	0.82	0.98	0.82	0.95	0.97	0.41	0.83	0.98	0.99
Short Long Term Debt Total	0.7	0.95		0.81	0.63	0.89	0.17	0.92	0.96	0.89	0.63	0.53	0.98	0.9	0.82	1.0	0.53	0.63	0.98	0.74	1.0	0.86	0.14	0.69	0.99	0.96
Other Current Liab	0.81	0.94	0.81		0.9	0.96	0.27	0.95	0.69	0.95	0.88	0.71	0.89	0.78	0.89	0.81	0.71	0.88	0.88	0.75	0.81	0.95	0.55	0.87	0.88	0.9
Total Current Liabilities	0.89	0.81	0.63	0.9		0.86	0.4	0.83	0.45	0.83	0.99	0.82	0.73	0.57	0.74	0.62	0.82	0.98	0.71	0.85	0.62	0.84	0.64	0.96	0.72	0.73
Total Stockholder Equity	0.86	0.99	0.89	0.96	0.86		0.21	0.99	0.79	0.99	0.87	0.68	0.96	0.86	0.93	0.89	0.68	0.88	0.95	0.82	0.89	0.98	0.52	0.86	0.95	0.97
Other Liab	0.4	0.21	0.17	0.27	0.4	0.21		0.24	-0.03	0.14	0.37	0.68	0.14	-0.17	-0.04	0.16	0.68	0.3	0.12	0.33	0.15	0.12	-0.16	0.5	0.2	0.13
Property Plant And Equipment Net	0.84	0.99	0.92	0.95	0.83	0.99	0.24		0.82	0.99	0.84	0.68	0.98	0.86	0.92	0.92	0.68	0.85	0.96	0.82	0.92	0.97	0.44	0.84	0.96	0.98
Net Debt	0.56	0.86	0.96	0.69	0.45	0.79	-0.03	0.82		0.81	0.44	0.28	0.92	0.92	0.8	0.96	0.28	0.47	0.94	0.63	0.97	0.8	0.04	0.5	0.93	0.91
Retained Earnings	0.83	0.99	0.89	0.95	0.83	0.99	0.14	0.99	0.81		0.84	0.61	0.97	0.88	0.95	0.89	0.61	0.86	0.95	0.8	0.9	0.99	0.52	0.81	0.94	0.98
Accounts Payable	0.88	0.82	0.63	0.88	0.99	0.87	0.37	0.84	0.44	0.84		0.83	0.74	0.58	0.73	0.62	0.83	0.99	0.71	0.85	0.62	0.83	0.67	0.96	0.72	0.74
Cash	0.72	0.65	0.53	0.71	0.82	0.68	0.68	0.68	0.28	0.61	0.83		0.56	0.32	0.39	0.52	1.0	0.77	0.54	0.66	0.51	0.56	0.36	0.89	0.59	0.55
Non Current Assets Total	0.78	0.99	0.98	0.89	0.73	0.96	0.14	0.98	0.92	0.97	0.74	0.56		0.93	0.91	0.97	0.56	0.75	1.0	0.79	0.98	0.95	0.33	0.76	0.99	1.0
Non Currrent Assets Other	0.6	0.89	0.9	0.78	0.57	0.86	-0.17	0.86	0.92	0.88	0.58	0.32	0.93		0.89	0.9	0.32	0.62	0.94	0.64	0.91	0.88	0.39	0.59	0.91	0.93
Other Assets	0.74	0.91	0.82	0.89	0.74	0.93	-0.04	0.92	0.8	0.95	0.73	0.39	0.91	0.89		0.82	0.39	0.78	0.9	0.71	0.83	0.97	0.53	0.67	0.87	0.93
Long Term Debt	0.7	0.94	1.0	0.81	0.62	0.89	0.16	0.92	0.96	0.89	0.62	0.52	0.97	0.9	0.82		0.52	0.63	0.98	0.73	1.0	0.86	0.13	0.68	0.99	0.96
Cash And Short Term Investments	0.72	0.65	0.53	0.71	0.82	0.68	0.68	0.68	0.28	0.61	0.83	1.0	0.56	0.32	0.39	0.52		0.77	0.54	0.66	0.51	0.56	0.36	0.89	0.59	0.55
Net Receivables	0.88	0.82	0.63	0.88	0.98	0.88	0.3	0.85	0.47	0.86	0.99	0.77	0.75	0.62	0.78	0.63	0.77		0.72	0.87	0.63	0.85	0.68	0.94	0.73	0.76
Good Will	0.75	0.98	0.98	0.88	0.71	0.95	0.12	0.96	0.94	0.95	0.71	0.54	1.0	0.94	0.9	0.98	0.54	0.72		0.77	0.99	0.93	0.3	0.74	0.99	0.99
Common Stock Total Equity	0.93	0.82	0.74	0.75	0.85	0.82	0.33	0.82	0.63	0.8	0.85	0.66	0.79	0.64	0.71	0.73	0.66	0.87	0.77		0.73	0.79	0.39	0.86	0.79	0.79
Non Current Liabilities Total	0.69	0.95	1.0	0.81	0.62	0.89	0.15	0.92	0.97	0.9	0.62	0.51	0.98	0.91	0.83	1.0	0.51	0.63	0.99	0.73		0.87	0.14	0.68	0.99	0.97
Inventory	0.83	0.97	0.86	0.95	0.84	0.98	0.12	0.97	0.8	0.99	0.83	0.56	0.95	0.88	0.97	0.86	0.56	0.85	0.93	0.79	0.87		0.55	0.8	0.92	0.95
Other Current Assets	0.5	0.41	0.14	0.55	0.64	0.52	-0.16	0.44	0.04	0.52	0.67	0.36	0.33	0.39	0.53	0.13	0.36	0.68	0.3	0.39	0.14	0.55		0.51	0.26	0.35
Other Stockholder Equity	0.86	0.83	0.69	0.87	0.96	0.86	0.5	0.84	0.5	0.81	0.96	0.89	0.76	0.59	0.67	0.68	0.89	0.94	0.74	0.86	0.68	0.8	0.51		0.76	0.75
Total Liab	0.77	0.98	0.99	0.88	0.72	0.95	0.2	0.96	0.93	0.94	0.72	0.59	0.99	0.91	0.87	0.99	0.59	0.73	0.99	0.79	0.99	0.92	0.26	0.76		0.98
Property Plant And Equipment Gross	0.78	0.99	0.96	0.9	0.73	0.97	0.13	0.98	0.91	0.98	0.74	0.55	1.0	0.93	0.93	0.96	0.55	0.76	0.99	0.79	0.97	0.95	0.35	0.75	0.98

Click cells to compare fundamentals

Fox Factory Account Relationship Matchups

Fox Factory fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	39.2M	40.8M	42.4M	42.4M	42.4M	41.6M
Total Assets	609.3M	1.3B	1.5B	1.6B	2.2B	2.4B
Short Long Term Debt Total	68M	389.6M	378.5M	210.3M	757.6M	795.5M
Other Current Liab	30.4M	60.5M	112.4M	117.4M	103.4M	108.6M
Total Current Liabilities	91.8M	165.4M	229.9M	258.9M	207.6M	124.6M
Total Stockholder Equity	422.2M	719.2M	894.1M	1.1B	1.2B	1.3B
Other Liab	11.6M	24.9M	30.8M	963K	1.1M	1.1M
Property Plant And Equipment Net	125.9M	189.4M	230.8M	250.3M	321.5M	337.6M
Net Debt	24.3M	143.8M	198.8M	65.1M	674.0M	707.7M
Retained Earnings	312.5M	395.0M	558.8M	764.1M	878.1M	922.0M
Accounts Payable	55.1M	92.4M	100.0M	131.2M	104.2M	62.9M
Cash	43.7M	245.8M	179.7M	145.3M	83.6M	68.6M
Non Current Assets Total	327.5M	704.6M	791.1M	820.7M	1.5B	1.5B
Non Currrent Assets Other	451K	2.0M	1.4M	5.0M	8.1M	8.5M
Other Assets	26.2M	1K	40.0M	62.3M	71.7M	75.2M
Long Term Debt	68M	377.1M	361.0M	200M	743.5M	780.7M
Cash And Short Term Investments	43.7M	245.8M	179.7M	145.3M	83.6M	68.6M
Net Receivables	91.6M	121.2M	142.0M	200.4M	171.1M	92.1M
Good Will	93.5M	289.3M	323.3M	324.0M	636.6M	668.4M
Liabilities And Stockholders Equity	609.3M	1.3B	1.5B	1.6B	2.2B	2.4B
Non Current Liabilities Total	95.3M	402.0M	391.8M	238.1M	813.0M	853.6M
Inventory	128.5M	127.1M	279.8M	350.6M	371.8M	390.4M
Other Current Assets	17.9M	12.4M	10.5M	101.4M	18.6M	21.5M
Other Stockholder Equity	109.5M	323.1M	330.4M	342.5M	334.6M	177.8M
Total Liab	187.1M	567.4M	621.6M	497.0M	1.0B	1.1B
Property Plant And Equipment Gross	125.9M	189.4M	230.8M	250.3M	442.6M	464.7M
Total Current Assets	281.8M	582.0M	724.7M	797.7M	768.1M	806.5M
Accumulated Other Comprehensive Income	150K	1.1M	4.9M	14.8M	9.0M	9.5M
Short Term Debt	6.2M	12.5M	17.5M	10.3M	14.1M	7.8M
Intangible Assets	81.9M	204.5M	197.0M	179.0M	483.3M	507.5M
Property Plant Equipment	108.4M	163.3M	230.8M	250.3M	287.9M	302.3M
Current Deferred Revenue	6.6M	6.7M	172K	(14.1M)	(12.7M)	(12.1M)
Net Tangible Assets	262.4M	719.2M	373.8M	618.4M	711.2M	746.8M
Retained Earnings Total Equity	135.9M	219.7M	312.5M	395.0M	454.2M	476.9M
Long Term Debt Total	93.6M	52.5M	68M	377.1M	433.7M	455.3M
Capital Surpluse	112.8M	116.0M	123.3M	336.8M	387.4M	406.7M

Currently Active Assets on Macroaxis

S	SentinelOne
GOOG	Alphabet Inc Class C
C	Citigroup
GM	General Motors
C	Citigroup

When determining whether Fox Factory Holding is a strong investment it is important to analyze Fox Factory'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 Fox Factory's future performance. For an informed investment choice regarding Fox Stock, refer to the following important reports:

How To Invest In Fox

Details

Is Fox Stock a good investment?

Details

What is Fox Factory's Net Worth?

Details

Largest Automobiles & Components Companies

View

Largest Consumer Discretionary Companies

View

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Fox Stock analysis

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

	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges
	Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Transaction History View history of all your transactions and understand their impact on performance
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes

Is Fox Factory'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 Fox Factory. If investors know Fox 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 Fox Factory 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

(0.92)

Earnings Share

1.79

Revenue Per Share

33.168

Quarterly Revenue Growth

(0.17)

Return On Assets

0.0403

The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory'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 Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory'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 Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Fox Accounts Payable vs Net Working Capital Analysis

Accounts Payable vs Net Working Capital

Accounts Payable vs Net Working Capital Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Working Capital

Fox Factory fundamental ratios Correlations

Fox Factory Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Fox Factory fundamental ratios Accounts

Currently Active Assets on Macroaxis

Complementary Tools for Fox Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total
Non Current Liabilities Total	+ 1.0	Long Term Debt

Non Currrent Assets Other	- 0.17	Other Liab
Other Current Assets	- 0.16	Other Liab
Other Assets	- 0.04	Other Liab
Net Debt	- 0.03	Other Liab