Marchex Net Receivables vs Inventory Analysis

MCHX Stock  USD 1.65  0.21  14.58%   
Marchex financial indicator trend analysis is infinitely more than just investigating Marchex recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Marchex is a good investment. Please check the relationship between Marchex Net Receivables and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marchex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Marchex Stock please use our How to Invest in Marchex guide.

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Marchex Net Receivables account and Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Marchex's Net Receivables and Inventory is 0.46. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of Marchex, assuming nothing else is changed. The correlation between historical values of Marchex's Net Receivables and Inventory 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 Receivables of Marchex are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., Marchex's Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

0.46
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Inventory

Most indicators from Marchex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Marchex 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marchex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Marchex Stock please use our How to Invest in Marchex guide.At this time, Marchex's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to rise to about 168 K in 2024, whereas Selling General Administrative is likely to drop slightly above 9.7 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit31.8M31.7M25.7M37.0M
Total Revenue53.5M52.2M49.9M47.4M

Marchex fundamental ratios Correlations

0.480.740.990.570.46-0.590.250.880.580.770.440.550.580.93-0.470.560.10.230.610.460.730.390.76-0.490.44
0.480.910.340.310.16-0.190.090.30.180.460.840.660.180.41-0.260.270.05-0.10.70.140.890.140.28-0.270.24
0.740.910.610.590.32-0.250.180.620.250.710.810.790.250.67-0.370.410.170.120.820.260.990.270.4-0.380.38
0.990.340.610.510.43-0.640.250.870.630.710.320.450.630.92-0.450.550.040.240.50.460.60.370.79-0.470.41
0.570.310.590.510.250.010.170.62-0.020.710.390.61-0.020.59-0.30.370.490.380.670.220.640.20.16-0.310.17
0.460.160.320.430.250.06-0.310.38-0.020.590.20.3-0.020.46-0.610.530.670.120.420.520.390.980.1-0.620.64
-0.59-0.19-0.25-0.640.010.06-0.02-0.33-1.00.060.070.2-1.0-0.410.27-0.490.280.250.01-0.46-0.210.11-0.970.290.06
0.250.090.180.250.17-0.31-0.020.42-0.020.310.250.37-0.020.260.71-0.63-0.30.32-0.04-0.740.14-0.370.060.69-0.32
0.880.30.620.870.620.38-0.330.420.310.810.310.640.310.94-0.290.330.070.580.520.220.610.320.52-0.310.37
0.580.180.250.63-0.02-0.02-1.0-0.020.31-0.07-0.08-0.221.00.39-0.290.51-0.23-0.27-0.020.490.21-0.070.97-0.31-0.04
0.770.460.710.710.710.590.060.310.81-0.070.620.85-0.070.81-0.340.280.320.460.770.180.730.550.16-0.360.58
0.440.840.810.320.390.20.070.250.31-0.080.620.77-0.080.39-0.110.070.11-0.130.81-0.030.80.190.05-0.110.29
0.550.660.790.450.610.30.20.370.64-0.220.850.77-0.220.64-0.170.090.130.530.74-0.050.790.27-0.01-0.180.45
0.580.180.250.63-0.02-0.02-1.0-0.020.311.0-0.07-0.08-0.220.39-0.290.51-0.23-0.27-0.020.490.21-0.070.97-0.31-0.04
0.930.410.670.920.590.46-0.410.260.940.390.810.390.640.39-0.480.510.080.460.630.40.660.410.6-0.50.45
-0.47-0.26-0.37-0.45-0.3-0.610.270.71-0.29-0.29-0.34-0.11-0.17-0.29-0.48-0.95-0.31-0.04-0.53-0.95-0.4-0.64-0.381.0-0.7
0.560.270.410.550.370.53-0.49-0.630.330.510.280.070.090.510.51-0.950.32-0.040.490.960.440.510.58-0.960.54
0.10.050.170.040.490.670.28-0.30.07-0.230.320.110.13-0.230.08-0.310.320.00.290.270.290.67-0.17-0.320.12
0.23-0.10.120.240.380.120.250.320.58-0.270.46-0.130.53-0.270.46-0.04-0.040.00.05-0.120.120.1-0.12-0.040.22
0.610.70.820.50.670.420.01-0.040.52-0.020.770.810.74-0.020.63-0.530.490.290.050.370.830.390.15-0.540.53
0.460.140.260.460.220.52-0.46-0.740.220.490.18-0.03-0.050.490.4-0.950.960.27-0.120.370.280.540.53-0.950.55
0.730.890.990.60.640.39-0.210.140.610.210.730.80.790.210.66-0.40.440.290.120.830.280.350.37-0.410.38
0.390.140.270.370.20.980.11-0.370.32-0.070.550.190.27-0.070.41-0.640.510.670.10.390.540.350.04-0.640.67
0.760.280.40.790.160.1-0.970.060.520.970.160.05-0.010.970.6-0.380.58-0.17-0.120.150.530.370.04-0.390.08
-0.49-0.27-0.38-0.47-0.31-0.620.290.69-0.31-0.31-0.36-0.11-0.18-0.31-0.51.0-0.96-0.32-0.04-0.54-0.95-0.41-0.64-0.39-0.69
0.440.240.380.410.170.640.06-0.320.37-0.040.580.290.45-0.040.45-0.70.540.120.220.530.550.380.670.08-0.69
Click cells to compare fundamentals

Marchex Account Relationship Matchups

Marchex fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets124.5M77.7M65.8M56.8M47.5M45.1M
Other Current Liab7.2M10.2M7.5M7.4M6.5M9.4M
Total Current Liabilities17.0M20.9M12.7M12.1M9.7M9.2M
Total Stockholder Equity100.9M52.7M51.5M44.1M35.9M34.1M
Other Liab1.5M1.2M186K233K268.0K254.6K
Property Plant And Equipment Net8.8M6.3M5.1M4.8M4.0M5.2M
Net Debt(35.4M)(23.9M)(23.8M)(18.8M)(12.5M)(13.1M)
Retained Earnings(260.2M)(298.7M)(303.1M)(311.3M)(321.2M)(305.2M)
Accounts Payable7.1M2.4M1.4M2.0M1.5M1.5M
Cash42.5M33.9M27.1M20.5M14.6M13.9M
Non Current Assets Total62.1M35.3M28.3M25.9M23.7M22.5M
Non Currrent Assets Other335K2.3M986K973K1.5M1.4M
Other Assets335K5.1M986K973K1.00.95
Cash And Short Term Investments42.5M33.9M27.1M20.5M14.6M13.9M
Net Receivables17.8M6.3M8.0M8.4M7.4M13.4M
Common Stock Shares Outstanding45.5M46.3M43.9M43.2M42.6M45.1M
Liabilities And Stockholders Equity124.5M77.7M65.8M56.8M47.5M45.1M
Non Current Liabilities Total6.6M4.1M1.7M618K1.9M2.0M
Other Current Assets2.1M2.2M2.4M2.0M1.8M2.9M
Other Stockholder Equity360.6M351.0M354.2M355.0M356.7M323.7M
Total Liab23.6M25.0M14.3M12.7M11.6M11.0M
Property Plant And Equipment Gross8.8M6.3M5.1M4.8M5.6M5.2M
Total Current Assets62.4M42.4M37.5M30.9M23.8M22.6M
Property Plant Equipment3.0M6.3M5.1M4.8M5.5M4.9M
Current Deferred Revenue1.2M1.4M2.0M1.4M1.2M1.3M
Good Will24.7M33.4M18.5M17.6M15.8M15.0M
Short Term Debt1.5M6.9M1.8M1.3M462K438.9K
Intangible Assets19.5M8.3M4.7M2.6M602K571.9K
Net Tangible Assets46.9M25.9M29.2M24.0M21.6M20.5M
Deferred Long Term Liab1.5M981K167K128K147.2K280.7K
Net Invested Capital99.8M57.8M51.5M44.1M35.9M54.2M

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