SEI Other Current Assets vs Accounts Payable Analysis
SEIC Stock | USD 80.11 0.06 0.07% |
SEI Investments financial indicator trend analysis is much more than just breaking down SEI Investments prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SEI Investments is a good investment. Please check the relationship between SEI Investments Other Current Assets and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SEI Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade SEI Stock refer to our How to Trade SEI Stock guide.
Other Current Assets vs Accounts Payable
Other Current Assets vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SEI Investments Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between SEI Investments' Other Current Assets and Accounts Payable is -0.18. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of SEI Investments, assuming nothing else is changed. The correlation between historical values of SEI Investments' Other Current Assets 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 Other Current Assets of SEI Investments 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 Other Current Assets i.e., SEI Investments' Other Current Assets and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Accounts Payable
An accounting item on the balance sheet that represents SEI Investments 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 SEI Investments 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 SEI Investments' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SEI Investments 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 SEI Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade SEI Stock refer to our How to Trade SEI Stock guide.The current year's Enterprise Value is expected to grow to about 7.2 B, whereas Selling General Administrative is forecasted to decline to about 218.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.0B | 1.9B | 2.0B | Total Revenue | 1.9B | 2.0B | 1.9B | 2.0B |
SEI Investments fundamental ratios Correlations
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SEI Investments Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SEI Investments fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 2.2B | 2.4B | 2.4B | 2.5B | 2.6B | |
Other Current Liab | 272.8M | 299.8M | 318.2M | 359.4M | 318.9M | 169.4M | |
Total Current Liabilities | 293.6M | 317.3M | 349.5M | 397.9M | 353.0M | 370.7M | |
Total Stockholder Equity | 1.7B | 1.7B | 1.9B | 2.0B | 2.1B | 2.2B | |
Property Plant And Equipment Net | 203.6M | 227.4M | 212.5M | 206.0M | 193.8M | 123.1M | |
Net Debt | (793.8M) | (742.0M) | (746.2M) | (823.9M) | (809.6M) | (769.2M) | |
Retained Earnings | 601.9M | 565.3M | 632.6M | 694.3M | 762.6M | 800.7M | |
Cash | 841.4M | 784.6M | 825.2M | 853.0M | 835.0M | 876.7M | |
Non Current Assets Total | 846.5M | 866.3M | 956.3M | 930.2M | 1.0B | 1.1B | |
Non Currrent Assets Other | 61.2M | 66.1M | 61.2M | 71.6M | 77.3M | 45.8M | |
Cash And Short Term Investments | 874.9M | 818.7M | 853.5M | 885.2M | 866.3M | 909.6M | |
Net Receivables | 394.5M | 440.5M | 500.6M | 519.1M | 557.3M | 585.2M | |
Common Stock Shares Outstanding | 154.9M | 149.0M | 143.3M | 137.4M | 133.7M | 167.4M | |
Liabilities And Stockholders Equity | 2.2B | 2.2B | 2.4B | 2.4B | 2.5B | 2.6B | |
Non Current Liabilities Total | 119.0M | 110.1M | 144.0M | 31.8M | 35.1M | 33.4M | |
Inventory | 3.5M | 3.5M | 3.1M | 351K | 403.7K | 423.8K | |
Other Current Assets | 32.3M | 38.7M | 43.6M | 48.7M | (1.4B) | (1.4B) | |
Other Stockholder Equity | 557.0M | 624.7M | 614.0M | 612.9M | 642.4M | 405.8M | |
Total Liab | 412.6M | 427.3M | 493.6M | 429.7M | 388.2M | 247.9M | |
Total Current Assets | 1.3B | 1.3B | 1.4B | 1.5B | 1.5B | 1.6B | |
Intangible Assets | 324.1M | 295.3M | 429.5M | 292.8M | 322.2M | 225.8M | |
Accounts Payable | 4.4M | 7.8M | 10.3M | 13.3M | 10.6M | 7.9M | |
Property Plant And Equipment Gross | 203.6M | 227.4M | 621.7M | 646.9M | 667.9M | 701.3M | |
Accumulated Other Comprehensive Income | (23.5M) | (16.8M) | (19.8M) | (49.0M) | (37.0M) | (38.9M) | |
Common Stock Total Equity | 1.5M | 1.4M | 1.4M | 1.3M | 1.5M | 1.6M | |
Common Stock | 1.5M | 1.4M | 1.4M | 1.3M | 1.3M | 1.6M | |
Other Liab | 80.6M | 76.0M | 76.4M | 13.1M | 11.8M | 11.2M | |
Other Assets | 64.0M | 588.4M | 70.0M | 76.6M | 88.0M | 128.0M | |
Property Plant Equipment | 160.9M | 189.1M | 212.5M | 181.0M | 208.2M | 150.8M | |
Current Deferred Revenue | 7.2M | 1.1M | 9.7M | 14.9M | 15.4M | 16.1M | |
Short Term Investments | 33.5M | 34.1M | 28.3M | 32.1M | 31.3M | 24.4M | |
Net Tangible Assets | 1.4B | 1.4B | 1.4B | 1.5B | 1.8B | 1.2B | |
Retained Earnings Total Equity | 601.9M | 565.3M | 632.6M | 694.3M | 798.4M | 544.8M | |
Capital Surpluse | 1.2B | 1.2B | 1.2B | 1.3B | 1.5B | 1.0B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SEI Investments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SEI Investments' 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 Sei Investments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sei Investments Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SEI Investments. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade SEI Stock refer to our How to Trade SEI Stock guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Asset Management & Custody Banks space 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 SEI Investments. If investors know SEI 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 SEI Investments 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 0.368 | Dividend Share 0.92 | Earnings Share 4.15 | Revenue Per Share 15.703 | Quarterly Revenue Growth 0.127 |
The market value of SEI Investments is measured differently than its book value, which is the value of SEI that is recorded on the company's balance sheet. Investors also form their own opinion of SEI Investments' value that differs from its market value or its book value, called intrinsic value, which is SEI Investments' 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 SEI Investments' market value can be influenced by many factors that don't directly affect SEI Investments' 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 SEI Investments' value and its price as these two are different measures arrived at by different means. Investors typically determine if SEI Investments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SEI Investments' 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.