Richardson Net Receivables vs Accounts Payable Analysis
RELL Stock | USD 11.19 0.29 2.53% |
Richardson Electronics financial indicator trend analysis is much more than just breaking down Richardson Electronics prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Richardson Electronics is a good investment. Please check the relationship between Richardson Electronics Net Receivables and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.
Net Receivables vs Accounts Payable
Net Receivables vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Richardson Electronics Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Richardson Electronics' Net Receivables and Accounts Payable is 0.71. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Richardson Electronics, assuming nothing else is changed. The correlation between historical values of Richardson Electronics' Net Receivables 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 Net Receivables of Richardson Electronics 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 Net Receivables i.e., Richardson Electronics' Net Receivables and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Receivables
Accounts Payable
An accounting item on the balance sheet that represents Richardson Electronics 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 Richardson Electronics 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 Richardson Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Richardson Electronics 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.At this time, Richardson Electronics' Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 3.3 M this year, although Enterprise Value Over EBITDA is projected to rise to (18.06).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 80K | 47K | 42.3K | 40.2K | Depreciation And Amortization | 3.7M | 3.6M | 3.3M | 3.1M |
Richardson Electronics fundamental ratios Correlations
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Richardson Electronics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Richardson Electronics fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 150.7M | 156.1M | 179.8M | 198.0M | 178.2M | 174.8M | |
Other Current Liab | 8.7M | 11.3M | 11.1M | 8.7M | 7.9M | 11.7M | |
Total Current Liabilities | 29.2M | 32.0M | 41.2M | 36.6M | 42.1M | 45.8M | |
Total Stockholder Equity | 118.7M | 121.6M | 135.8M | 159.3M | 183.2M | 121.5M | |
Property Plant And Equipment Net | 21.1M | 19.6M | 20.2M | 23.3M | 21.0M | 17.5M | |
Net Debt | (27.1M) | (40.9M) | (32.5M) | (22.5M) | (20.3M) | (19.3M) | |
Retained Earnings | 54.8M | 53.3M | 68.0M | 87.0M | 100.1M | 105.1M | |
Cash | 30.5M | 43.3M | 35.5M | 25.0M | 28.7M | 34.5M | |
Non Current Assets Total | 24.1M | 22.4M | 26.6M | 30.0M | 27.0M | 34.7M | |
Non Currrent Assets Other | 3.4M | 2.6M | 3.2M | 267K | 240.3K | 228.3K | |
Cash And Short Term Investments | 46.5M | 43.3M | 40.5M | 25.0M | 28.7M | 42.9M | |
Net Receivables | 20.2M | 24.5M | 29.9M | 30.1M | 27.1M | 40.3M | |
Common Stock Shares Outstanding | 12.9M | 13.1M | 13.7M | 14.4M | 16.5M | 15.1M | |
Liabilities And Stockholders Equity | 150.7M | 156.1M | 179.8M | 198.0M | 178.2M | 174.8M | |
Non Current Liabilities Total | 2.9M | 2.5M | 2.8M | 2.1M | 1.9M | 1.8M | |
Inventory | 57.5M | 63.5M | 80.4M | 110.4M | 99.4M | 60.6M | |
Other Current Assets | 2.4M | 2.4M | 2.4M | 2.6M | 2.4M | 2.3M | |
Other Stockholder Equity | 61.7M | 62.7M | 66.3M | 71.0M | 81.6M | 80.7M | |
Total Liab | 32.1M | 34.5M | 44.0M | 38.7M | 34.9M | 33.1M | |
Total Current Assets | 126.7M | 133.7M | 153.2M | 168.1M | 193.3M | 192.7M | |
Accounts Payable | 17.4M | 16.3M | 24.0M | 23.5M | 27.1M | 26.8M | |
Intangible Assets | 2.5M | 2.3M | 2.0M | 1.9M | 1.7M | 1.6M | |
Property Plant And Equipment Gross | 21.1M | 19.6M | 20.2M | 23.3M | 21.0M | 15.5M | |
Accumulated Other Comprehensive Income | 1.5M | 4.9M | 800K | 615K | 707.3K | 742.6K | |
Common Stock Total Equity | 652K | 657K | 663K | 685K | 616.5K | 615.6K | |
Common Stock | 657K | 663K | 685K | 710K | 639K | 613.3K | |
Other Assets | 456K | 541K | 4.4M | 4.8M | 4.3M | 4.5M | |
Property Plant Equipment | 21.1M | 19.6M | 20.2M | 23.3M | 21.0M | 16.2M | |
Other Liab | 938K | 1.2M | 851K | 710K | 639K | 607.1K | |
Current Deferred Revenue | 1.7M | 3.3M | 5.0M | 3.3M | 3.0M | 3.4M | |
Retained Earnings Total Equity | 59.7M | 54.8M | 53.3M | 68.0M | 61.2M | 54.1M | |
Net Tangible Assets | 116.2M | 119.3M | 133.8M | 157.4M | 141.7M | 112.0M | |
Capital Surpluse | 61.0M | 61.7M | 62.7M | 66.3M | 59.7M | 50.7M | |
Non Current Liabilities Other | 777K | 922K | 766K | 612K | 550.8K | 523.3K |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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Is Richardson Electronics' 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 Richardson Electronics. If investors know Richardson 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 Richardson Electronics 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 (0.88) | Dividend Share 0.24 | Earnings Share 0.29 | Revenue Per Share 14.611 | Quarterly Revenue Growth (0.26) |
The market value of Richardson Electronics is measured differently than its book value, which is the value of Richardson that is recorded on the company's balance sheet. Investors also form their own opinion of Richardson Electronics' value that differs from its market value or its book value, called intrinsic value, which is Richardson Electronics' 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 Richardson Electronics' market value can be influenced by many factors that don't directly affect Richardson Electronics' 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 Richardson Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Richardson Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richardson Electronics' 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.