Dentsply Accounts Payable vs Other Current Assets Analysis

XRAY Stock  USD 27.78  0.14  0.51%   
Dentsply Sirona financial indicator trend analysis is much more than just examining Dentsply Sirona latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dentsply Sirona is a good investment. Please check the relationship between Dentsply Sirona Accounts Payable and its Other Current Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Dentsply Sirona. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dentsply Stock please use our How to Invest in Dentsply Sirona guide.

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dentsply Sirona Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dentsply Sirona's Accounts Payable and Other Current Assets is 0.66. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Dentsply Sirona, assuming nothing else is changed. The correlation between historical values of Dentsply Sirona's Accounts Payable and Other Current Assets 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 Dentsply Sirona are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Dentsply Sirona's Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.66
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Dentsply Sirona 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 Dentsply Sirona 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.

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.
Most indicators from Dentsply Sirona's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dentsply Sirona 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Dentsply Sirona. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dentsply Stock please use our How to Invest in Dentsply Sirona guide.Enterprise Value is likely to rise to about 9.2 B in 2024, whereas Selling General Administrative is likely to drop slightly above 975.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue4.3B3.9B4.0B4.2B
Depreciation And Amortization380M328M343M360.2M

Dentsply Sirona fundamental ratios Correlations

0.580.510.970.730.490.181.00.020.760.940.820.690.170.770.750.790.730.830.83-0.160.970.720.160.840.84
0.580.960.440.930.99-0.30.55-0.080.870.770.920.830.70.680.960.860.910.670.670.520.580.90.740.820.83
0.510.960.370.930.96-0.360.480.00.880.730.860.860.710.650.940.850.920.570.570.610.520.910.80.780.79
0.970.440.370.620.330.240.980.00.680.850.730.60.080.770.630.730.630.790.79-0.310.960.630.080.710.71
0.730.930.930.620.89-0.180.69-0.050.980.90.960.950.640.760.980.970.980.770.770.320.710.970.670.870.88
0.490.990.960.330.89-0.30.460.00.820.690.880.790.710.570.930.780.850.540.540.640.480.840.740.760.77
0.18-0.3-0.360.24-0.18-0.30.210.52-0.160.01-0.06-0.13-0.55-0.41-0.16-0.13-0.25-0.11-0.11-0.240.0-0.34-0.5-0.21-0.22
1.00.550.480.980.690.460.210.040.720.910.80.650.130.760.720.760.70.810.81-0.170.970.680.120.80.8
0.02-0.080.00.0-0.050.00.520.040.02-0.050.02-0.04-0.41-0.350.02-0.11-0.12-0.37-0.370.37-0.08-0.13-0.13-0.2-0.2
0.760.870.880.680.980.82-0.160.720.020.910.940.950.590.80.950.980.960.750.760.250.750.970.670.850.85
0.940.770.730.850.90.690.010.91-0.050.910.930.870.420.80.890.930.90.870.870.010.910.890.390.930.93
0.820.920.860.730.960.88-0.060.80.020.940.930.890.550.770.990.940.930.770.780.280.80.920.560.870.88
0.690.830.860.60.950.79-0.130.65-0.040.950.870.890.710.720.910.960.920.660.660.270.670.920.680.790.8
0.170.70.710.080.640.71-0.550.13-0.410.590.420.550.710.50.620.610.610.320.320.430.220.660.80.520.53
0.770.680.650.770.760.57-0.410.76-0.350.80.80.770.720.50.750.830.80.820.82-0.080.870.850.510.80.8
0.750.960.940.630.980.93-0.160.720.020.950.890.990.910.620.750.940.950.730.730.40.730.950.660.870.87
0.790.860.850.730.970.78-0.130.76-0.110.980.930.940.960.610.830.940.960.820.820.150.790.960.650.860.87
0.730.910.920.630.980.85-0.250.7-0.120.960.90.930.920.610.80.950.960.780.790.250.740.970.630.880.88
0.830.670.570.790.770.54-0.110.81-0.370.750.870.770.660.320.820.730.820.781.0-0.210.850.790.330.870.87
0.830.670.570.790.770.54-0.110.81-0.370.760.870.780.660.320.820.730.820.791.0-0.20.850.80.340.870.87
-0.160.520.61-0.310.320.64-0.24-0.170.370.250.010.280.270.43-0.080.40.150.25-0.21-0.2-0.20.250.60.140.15
0.970.580.520.960.710.480.00.97-0.080.750.910.80.670.220.870.730.790.740.850.85-0.20.750.190.830.83
0.720.90.910.630.970.84-0.340.68-0.130.970.890.920.920.660.850.950.960.970.790.80.250.750.690.860.87
0.160.740.80.080.670.74-0.50.12-0.130.670.390.560.680.80.510.660.650.630.330.340.60.190.690.50.51
0.840.820.780.710.870.76-0.210.8-0.20.850.930.870.790.520.80.870.860.880.870.870.140.830.860.51.0
0.840.830.790.710.880.77-0.220.8-0.20.850.930.880.80.530.80.870.870.880.870.870.150.830.870.511.0
Click cells to compare fundamentals

Dentsply Sirona Account Relationship Matchups

Dentsply Sirona fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.6B9.3B9.2B7.6B7.4B3.7B
Short Long Term Debt Total1.6B2.4B2.2B2.1B2.3B2.4B
Total Current Liabilities995.5M1.3B1.2B1.2B1.4B1.5B
Total Stockholder Equity5.1B5.0B5.0B3.8B3.3B2.0B
Property Plant And Equipment Net961.7M967M966M961M978M1.0B
Net Debt1.2B2.0B1.9B1.7B2.0B2.1B
Retained Earnings1.4B1.2B1.6B456M205M194.8M
Non Current Assets Total6.6B7.6B7.4B5.8B5.4B2.8B
Non Currrent Assets Other68.5M94M122M(114M)59M73.3M
Net Receivables782M673M747M632M756M793.8M
Common Stock Shares Outstanding224.4M219.2M220.2M215.5M212M159.6M
Liabilities And Stockholders Equity8.6B9.3B9.2B7.6B7.4B3.7B
Non Current Liabilities Total2.5B3.1B3.0B2.7B2.7B2.8B
Inventory561.7M466M504M627M624M655.2M
Other Current Assets100.7M66M83M269M259M272.0M
Other Stockholder Equity4.3B4.2B4.1B4.0B3.7B3.9B
Total Liab3.5B4.4B4.2B3.8B4.1B4.3B
Total Current Assets2.0B1.8B1.8B1.9B2.0B2.1B
Other Current Liab656.1M672M685M689M651M683.6M
Cash404.9M438M339M365M334M196.2M
Cash And Short Term Investments404.9M438M339M365M334M200.9M
Short Term Debt2.3M299M182M118M378M396.9M
Intangible Assets2.2B2.5B2.3B1.9B1.7B910.4M
Accounts Payable283.9M307.9M305M268M279M320.3M
Property Plant And Equipment Gross961.7M967M966M961M2.3B2.5B
Accumulated Other Comprehensive Income(599.7M)(464M)(592M)(628M)(636M)(604.2M)
Other Liab949.1M947M933M661M760.2M507.3M
Other Assets68.5M270M122M198M227.7M239.1M
Long Term Debt1.4B2.0B1.9B1.8B1.8B1.2B
Good Will3.4B4.0B4.0B2.7B2.4B2.4B
Treasury Stock(2.2B)(2.3B)(2.4B)(2.5B)(2.3B)(2.2B)
Property Plant Equipment802.4M791M966M961M1.1B616.4M
Current Deferred Revenue29.2M41M51M84M91M60.9M
Short Term Investments28.2M40M33M22M24M30.5M
Net Tangible Assets(480.3M)(1.5B)(1.3B)(780M)(702M)(737.1M)
Noncontrolling Interest In Consolidated Entity11.9M2.4M3M1M900K855K
Retained Earnings Total Equity1.4B1.2B1.6B456M410.4M389.9M

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