ScanSource Accounts Payable vs Non Currrent Assets Other Analysis

SCSC Stock  USD 47.43  0.09  0.19%   
ScanSource financial indicator trend analysis is much more than just breaking down ScanSource prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ScanSource is a good investment. Please check the relationship between ScanSource Accounts Payable and its Non Currrent Assets Other accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ScanSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ScanSource Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ScanSource's Accounts Payable and Non Currrent Assets Other is 0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of ScanSource, assuming nothing else is changed. The correlation between historical values of ScanSource's Accounts Payable and Non Currrent Assets Other 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 ScanSource are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., ScanSource's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents ScanSource 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 ScanSource 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.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from ScanSource's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ScanSource 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 World Market Map to better understand how to build diversified portfolios, which includes a position in ScanSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.At present, ScanSource's Enterprise Value Over EBITDA is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 6.75, whereas Selling General Administrative is forecasted to decline to about 172.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit426.5M449.2M516.6M542.5M
Total Revenue3.5B3.8B4.4B4.6B

ScanSource fundamental ratios Correlations

0.830.460.980.940.660.720.990.96-0.130.84-0.130.960.680.87-0.06-0.490.980.830.980.090.570.960.53-0.03-0.16
0.830.470.790.630.450.970.770.78-0.510.83-0.510.80.210.98-0.51-0.580.910.850.76-0.120.530.780.23-0.32-0.53
0.460.470.470.320.410.410.40.31-0.070.6-0.070.230.280.51-0.22-0.230.510.210.36-0.350.570.270.620.14-0.13
0.980.790.470.910.640.690.960.97-0.140.82-0.140.930.690.82-0.09-0.530.970.840.960.080.580.910.57-0.06-0.17
0.940.630.320.910.640.470.970.90.150.670.150.920.840.670.22-0.350.850.70.970.150.410.950.570.190.12
0.660.450.410.640.640.440.680.53-0.230.75-0.230.530.610.570.250.060.640.30.570.260.840.570.49-0.21-0.19
0.720.970.410.690.470.440.650.66-0.710.82-0.710.690.050.95-0.57-0.50.840.790.62-0.090.580.650.08-0.53-0.67
0.990.770.40.960.970.680.650.94-0.060.81-0.060.960.720.820.02-0.470.950.790.980.180.540.960.530.03-0.13
0.960.780.310.970.90.530.660.94-0.10.74-0.10.970.660.78-0.1-0.590.940.890.960.050.450.930.48-0.04-0.12
-0.13-0.51-0.07-0.140.15-0.23-0.71-0.06-0.1-0.451.0-0.120.44-0.510.540.07-0.31-0.320.01-0.04-0.47-0.050.370.90.82
0.840.830.60.820.670.750.820.810.74-0.45-0.450.720.380.92-0.24-0.430.90.610.710.080.870.680.44-0.29-0.51
-0.13-0.51-0.07-0.140.15-0.23-0.71-0.06-0.11.0-0.45-0.120.44-0.510.540.07-0.31-0.320.01-0.04-0.47-0.050.370.90.82
0.960.80.230.930.920.530.690.960.97-0.120.72-0.120.630.81-0.03-0.520.920.910.970.120.390.980.39-0.06-0.13
0.680.210.280.690.840.610.050.720.660.440.380.440.630.260.49-0.020.540.340.740.130.340.680.770.340.46
0.870.980.510.820.670.570.950.820.78-0.510.92-0.510.810.26-0.41-0.540.940.80.77-0.030.650.780.28-0.31-0.55
-0.06-0.51-0.22-0.090.220.25-0.570.02-0.10.54-0.240.54-0.030.49-0.410.56-0.23-0.330.020.27-0.10.010.160.420.67
-0.49-0.58-0.23-0.53-0.350.06-0.5-0.47-0.590.07-0.430.07-0.52-0.02-0.540.56-0.56-0.64-0.480.07-0.1-0.42-0.23-0.140.43
0.980.910.510.970.850.640.840.950.94-0.310.9-0.310.920.540.94-0.23-0.560.860.920.040.640.90.47-0.17-0.34
0.830.850.210.840.70.30.790.790.89-0.320.61-0.320.910.340.8-0.33-0.640.860.84-0.030.250.850.19-0.23-0.31
0.980.760.360.960.970.570.620.980.960.010.710.010.970.740.770.02-0.480.920.840.080.40.980.520.07-0.01
0.09-0.12-0.350.080.150.26-0.090.180.05-0.040.08-0.040.120.13-0.030.270.070.04-0.030.080.10.08-0.11-0.17-0.26
0.570.530.570.580.410.840.580.540.45-0.470.87-0.470.390.340.65-0.1-0.10.640.250.40.10.360.48-0.39-0.46
0.960.780.270.910.950.570.650.960.93-0.050.68-0.050.980.680.780.01-0.420.90.850.980.080.360.40.01-0.03
0.530.230.620.570.570.490.080.530.480.370.440.370.390.770.280.16-0.230.470.190.52-0.110.480.40.370.24
-0.03-0.320.14-0.060.19-0.21-0.530.03-0.040.9-0.290.9-0.060.34-0.310.42-0.14-0.17-0.230.07-0.17-0.390.010.370.66
-0.16-0.53-0.13-0.170.12-0.19-0.67-0.13-0.120.82-0.510.82-0.130.46-0.550.670.43-0.34-0.31-0.01-0.26-0.46-0.030.240.66
Click cells to compare fundamentals

ScanSource Account Relationship Matchups

ScanSource fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.7B1.9B2.1B2.4B2.5B
Short Long Term Debt Total218.7M143.2M271.2M334.3M384.4M403.6M
Other Current Liab244.8M80.5M78.8M75.8M87.1M91.5M
Total Current Liabilities719.0M732.9M814.3M786.8M904.8M950.1M
Total Stockholder Equity678.2M731.2M806.5M905.3M1.0B1.1B
Property Plant And Equipment Net55.6M42.8M37.5M49.9M57.4M31.7M
Net Debt189.2M80.5M233.2M298.1M342.8M359.9M
Retained Earnings747.3M758.1M846.9M936.7M1.1B1.1B
Accounts Payable454.2M634.8M714.2M691.1M794.8M834.5M
Cash29.5M62.7M38.0M36.2M41.6M38.2M
Non Current Assets Total488.6M452.0M413.6M411.1M472.8M496.4M
Cash And Short Term Investments29.5M62.7M38.0M36.2M41.6M38.2M
Net Receivables443.2M569.0M729.4M833.3M958.3M1.0B
Common Stock Shares Outstanding25.4M25.5M25.8M25.4M29.2M25.5M
Liabilities And Stockholders Equity1.7B1.7B1.9B2.1B2.4B2.5B
Non Current Liabilities Total294.8M207.6M316.6M376.1M432.5M454.1M
Other Current Assets16.5M11.6M15.3M15.5M17.8M25.2M
Other Stockholder Equity205K(98.1M)(104.6M)(89.6M)(80.7M)(76.6M)
Total Liab1.0B940.5M1.1B1.2B1.3B1.4B
Property Plant And Equipment Gross55.6M62.1M136.3M142.2M163.6M171.7M
Total Current Assets1.2B1.2B1.5B1.7B1.9B2.0B
Short Term Debt7.8M7.8M11.6M11.3M13.0M11.8M
Intangible Assets121.5M104.9M84.4M68.5M78.8M45.1M
Inventory454.9M470.1M614.8M757.6M871.2M914.8M
Accumulated Other Comprehensive Income(132.8M)(98.1M)(104.6M)(89.6M)(80.7M)(76.6M)
Non Currrent Assets Other72.5M63.6M57.8M54.1M62.2M33.9M
Common Stock Total Equity63.8M71.3M64.3M58.2M67.0M74.4M
Common Stock63.8M71.3M64.3M58.2M67.0M91.7M
Other Assets73.6M85.5M77.3M76.0M87.4M44.2M
Long Term Debt210.9M135.3M259.6M323.0M371.4M390.0M
Property Plant Equipment79.2M42.8M37.5M49.9M57.4M41.1M
Current Deferred Revenue12.1M9.8M9.6M8.6M7.8M7.4M
Good Will214.3M218.9M214.4M216.7M249.2M261.7M
Other Liab53.8M72.2M57.1M43.8M50.3M53.5M
Net Tangible Assets342.4M407.5M507.7M620.1M558.1M443.9M

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When determining whether ScanSource offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ScanSource's 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 Scansource Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Scansource Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ScanSource. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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Is ScanSource'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 ScanSource. If investors know ScanSource 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 ScanSource 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
(0.40)
Earnings Share
3.09
Revenue Per Share
138.669
Quarterly Revenue Growth
(0.15)
Return On Assets
0.034
The market value of ScanSource is measured differently than its book value, which is the value of ScanSource that is recorded on the company's balance sheet. Investors also form their own opinion of ScanSource's value that differs from its market value or its book value, called intrinsic value, which is ScanSource'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 ScanSource's market value can be influenced by many factors that don't directly affect ScanSource'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 ScanSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if ScanSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ScanSource'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.