AAR Cash vs Accounts Payable Analysis
AIR Stock | USD 67.48 0.36 0.54% |
AAR Corp financial indicator trend analysis is way more than just evaluating AAR Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AAR Corp is a good investment. Please check the relationship between AAR Corp Cash and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAR Corp. 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. To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AAR Corp Cash account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between AAR Corp's Cash and Accounts Payable is 0.33. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of AAR Corp, assuming nothing else is changed. The correlation between historical values of AAR Corp's Cash 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 Cash of AAR Corp 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 Cash i.e., AAR Corp's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of AAR Corp, which is listed under current asset account on AAR Corp balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from AAR Corp customers. The amounts must be unrestricted with restricted cash listed in a different AAR Corp account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Accounts Payable
An accounting item on the balance sheet that represents AAR Corp 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 AAR Corp 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 AAR Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AAR Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in AAR Corp. 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. To learn how to invest in AAR Stock, please use our How to Invest in AAR Corp guide.At this time, AAR Corp's Selling General Administrative is relatively stable compared to the past year. As of 06/14/2024, Discontinued Operations is likely to grow to about 378 K, while Enterprise Value Over EBITDA is likely to drop 8.27.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 313.2M | 370.1M | 425.6M | 446.9M | Total Revenue | 1.8B | 2.0B | 2.3B | 1.2B |
AAR Corp fundamental ratios Correlations
Click cells to compare fundamentals
AAR Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AAR Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.1B | 1.5B | 1.6B | 1.8B | 2.1B | 1.1B | |
Short Long Term Debt Total | 670.9M | 193.6M | 156.3M | 317.9M | 365.6M | 279.0M | |
Other Current Liab | 191.5M | 209.6M | 160.2M | 193M | 222.0M | 233.0M | |
Total Current Liabilities | 383.1M | 336.8M | 348.2M | 351.5M | 404.2M | 224.5M | |
Total Stockholder Equity | 902.6M | 974.4M | 1.0B | 1.1B | 1.3B | 1.3B | |
Property Plant And Equipment Net | 225.4M | 195.8M | 182.6M | 189.8M | 218.3M | 148.9M | |
Net Debt | 266.2M | 141.8M | 102.8M | 249.5M | 286.9M | 225.0M | |
Retained Earnings | 706M | 741.7M | 820.4M | 910.6M | 1.0B | 1.1B | |
Cash | 404.7M | 51.8M | 53.5M | 68.4M | 78.7M | 54.0M | |
Non Current Assets Total | 640.3M | 602.7M | 566.7M | 735.2M | 845.5M | 439.9M | |
Non Currrent Assets Other | 293.2M | 283.1M | 205.9M | 305.9M | 351.8M | 247.9M | |
Cash And Short Term Investments | 404.7M | 51.8M | 53.5M | 68.4M | 78.7M | 54.0M | |
Net Receivables | 221.2M | 238.6M | 287.6M | 328.2M | 377.4M | 396.3M | |
Common Stock Shares Outstanding | 35M | 35.3M | 36M | 35.1M | 40.4M | 35.3M | |
Liabilities And Stockholders Equity | 2.1B | 1.5B | 1.6B | 1.8B | 2.1B | 1.1B | |
Non Current Liabilities Total | 793.3M | 228.5M | 191.2M | 382.5M | 439.9M | 337.3M | |
Inventory | 623.1M | 540.6M | 550.5M | 574.1M | 660.2M | 693.2M | |
Other Current Assets | 146.8M | 78.1M | 94M | 100.3M | 115.3M | 169.2M | |
Other Stockholder Equity | 195.9M | 205.7M | 188.4M | 166.7M | 191.7M | 191.3M | |
Property Plant And Equipment Gross | 225.4M | 195.8M | 367.9M | 394.9M | 454.1M | 476.8M | |
Total Current Assets | 1.4B | 937M | 1.0B | 1.1B | 1.3B | 692.8M | |
Accumulated Other Comprehensive Income | (44.6M) | (18.3M) | (19.6M) | (23.5M) | (21.2M) | (22.2M) | |
Short Term Debt | 88M | 5.4M | 11.1M | 19.7M | 22.7M | 21.5M | |
Intangible Assets | 6M | 4.5M | 3.3M | 63.7M | 73.3M | 65.6M | |
Accounts Payable | 191.6M | 127.2M | 156.4M | 158.5M | 182.3M | 118.9M | |
Current Deferred Revenue | 88M | 5.4M | 20.5M | 19.7M | 22.7M | 36.2M | |
Good Will | 115.7M | 119.3M | 116.4M | 175.8M | 202.2M | 104.8M | |
Other Liab | 112.1M | 122.4M | 34.9M | 64.6M | 74.3M | 53.8M | |
Other Assets | 59.6M | 55.5M | 55.6M | 72.3M | 83.1M | 91.1M | |
Long Term Debt | 600M | 133.7M | 98.9M | 269.7M | 310.2M | 320.6M | |
Treasury Stock | (280.7M) | (287.7M) | (282.7M) | (274.1M) | (246.7M) | (234.4M) | |
Property Plant Equipment | 135.7M | 195.8M | 109.6M | 126.1M | 113.5M | 164.6M | |
Net Tangible Assets | 780.9M | 825.6M | 914.8M | 859.6M | 988.5M | 783.6M | |
Retained Earnings Total Equity | 706M | 741.7M | 820.4M | 910.6M | 1.0B | 756.0M | |
Long Term Debt Total | 600M | 133.7M | 98.9M | 269.7M | 242.7M | 203.3M |
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