Arrow Capital Surpluse vs Accounts Payable Analysis

ARW Stock  USD 124.85  2.82  2.21%   
Arrow Electronics financial indicator trend analysis is way more than just evaluating Arrow Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrow Electronics is a good investment. Please check the relationship between Arrow Electronics Capital Surpluse and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow 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 metropolitan statistical area.
For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.

Capital Surpluse vs Accounts Payable

Capital Surpluse vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrow Electronics Capital Surpluse account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Arrow Electronics' Capital Surpluse and Accounts Payable is 0.8. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Arrow Electronics, assuming nothing else is changed. The correlation between historical values of Arrow Electronics' Capital Surpluse 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 Capital Surpluse of Arrow 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 Capital Surpluse i.e., Arrow Electronics' Capital Surpluse and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Capital Surpluse

Accounts Payable

An accounting item on the balance sheet that represents Arrow 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 Arrow 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 Arrow Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrow 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow 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 metropolitan statistical area.
For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.At this time, Arrow Electronics' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 8.91 in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.2B4.8B4.1B4.4B
Total Revenue34.5B37.1B33.1B34.8B

Arrow Electronics fundamental ratios Correlations

0.940.960.980.960.470.950.910.140.570.660.150.990.170.680.980.81-0.471.00.740.990.67-0.120.990.430.61
0.940.860.890.920.470.990.80.290.570.470.290.90.240.720.930.77-0.310.930.760.920.67-0.020.890.420.6
0.960.860.980.910.290.890.82-0.020.420.66-0.020.970.150.50.960.9-0.380.960.780.970.76-0.190.960.330.56
0.980.890.980.90.30.930.87-0.010.410.67-0.011.00.020.540.990.87-0.460.990.781.00.77-0.30.990.260.48
0.960.920.910.90.630.90.860.330.710.620.330.920.420.740.90.74-0.350.930.710.920.560.140.910.620.75
0.470.470.290.30.630.360.580.670.970.370.660.360.590.870.31-0.03-0.340.410.070.36-0.220.630.370.830.78
0.950.990.890.930.90.360.810.120.470.510.130.930.140.650.970.84-0.340.950.780.950.73-0.130.920.320.53
0.910.80.820.870.860.580.810.090.650.690.090.90.10.80.870.57-0.780.910.40.890.36-0.090.920.530.57
0.140.29-0.02-0.010.330.670.120.090.58-0.21.00.030.650.470.02-0.190.20.080.10.05-0.180.610.020.590.42
0.570.570.420.410.710.970.470.650.580.430.570.470.570.910.420.13-0.350.510.180.47-0.10.60.480.810.88
0.660.470.660.670.620.370.510.69-0.20.43-0.20.69-0.030.470.630.51-0.540.660.360.670.36-0.190.690.260.52
0.150.29-0.02-0.010.330.660.130.091.00.57-0.20.030.650.470.02-0.180.20.090.10.05-0.170.610.020.590.41
0.990.90.971.00.920.360.930.90.030.470.690.030.060.60.990.84-0.51.00.741.00.71-0.251.00.330.53
0.170.240.150.020.420.590.140.10.650.57-0.030.650.060.370.040.040.260.090.120.07-0.150.860.020.840.59
0.680.720.50.540.740.870.650.80.470.910.470.470.60.370.590.21-0.570.650.180.610.00.370.620.720.76
0.980.930.960.990.90.310.970.870.020.420.630.020.990.040.590.86-0.460.990.760.990.75-0.260.980.280.5
0.810.770.90.870.74-0.030.840.57-0.190.130.51-0.180.840.040.210.86-0.110.820.860.850.91-0.310.810.060.37
-0.47-0.31-0.38-0.46-0.35-0.34-0.34-0.780.2-0.35-0.540.2-0.50.26-0.57-0.46-0.11-0.50.19-0.470.080.25-0.54-0.29-0.16
1.00.930.960.990.930.410.950.910.080.510.660.091.00.090.650.990.82-0.50.741.00.69-0.20.990.370.55
0.740.760.780.780.710.070.780.40.10.180.360.10.740.120.180.760.860.190.740.760.91-0.220.710.020.37
0.990.920.971.00.920.360.950.890.050.470.670.051.00.070.610.990.85-0.471.00.760.73-0.230.990.330.53
0.670.670.760.770.56-0.220.730.36-0.18-0.10.36-0.170.71-0.150.00.750.910.080.690.910.73-0.50.68-0.230.14
-0.12-0.02-0.19-0.30.140.63-0.13-0.090.610.6-0.190.61-0.250.860.37-0.26-0.310.25-0.2-0.22-0.23-0.5-0.260.730.54
0.990.890.960.990.910.370.920.920.020.480.690.021.00.020.620.980.81-0.540.990.710.990.68-0.260.320.51
0.430.420.330.260.620.830.320.530.590.810.260.590.330.840.720.280.06-0.290.370.020.33-0.230.730.320.69
0.610.60.560.480.750.780.530.570.420.880.520.410.530.590.760.50.37-0.160.550.370.530.140.540.510.69
Click cells to compare fundamentals

Arrow Electronics Account Relationship Matchups

Arrow Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.4B17.1B19.5B21.8B21.7B22.8B
Short Long Term Debt Total3.0B2.3B2.6B3.8B3.8B4.0B
Other Current Liab880.5M1.0B1.3B1.3B1.5B1.5B
Total Current Liabilities8.3B9.1B11.3B12.4B13.2B13.8B
Total Stockholder Equity4.8B5.1B5.3B5.5B5.8B6.1B
Property Plant And Equipment Net803.1M799.6M682.8M596.5M530.7M389.3M
Net Debt2.7B1.9B2.4B3.6B3.6B3.8B
Retained Earnings6.1B6.7B7.8B9.2B5.8B6.1B
Cash300.1M373.6M222.2M176.9M218.1M334.7M
Non Current Assets Total3.9B3.9B3.6B3.4B3.4B2.1B
Non Currrent Assets Other651.4M675.8M620.3M574.5M627.3M348.2M
Cash And Short Term Investments300.1M373.6M222.2M176.9M218.1M339.1M
Net Receivables8.5B9.2B11.1B12.3B12.2B12.8B
Common Stock Shares Outstanding83.6M78.6M73.4M65.5M57.0M92.4M
Liabilities And Stockholders Equity16.4B17.1B19.5B21.8B21.7B22.8B
Non Current Liabilities Total3.3B2.8B2.9B3.8B2.7B1.8B
Inventory3.5B3.3B4.2B5.3B5.2B5.4B
Other Current Assets266.2M286.6M345.2M521.3M684.1M718.3M
Other Stockholder Equity(1.2B)(1.6B)(2.4B)(3.4B)255.6M268.4M
Total Liab11.5B11.9B14.2B16.2B15.8B16.6B
Property Plant And Equipment Gross803.1M799.6M682.8M596.5M1.8B1.9B
Total Current Assets12.5B13.2B15.9B18.3B18.3B19.2B
Accumulated Other Comprehensive Income(262.2M)(104.9M)(191.7M)(365.3M)(298.0M)(283.1M)
Short Term Debt331.4M158.6M382.6M589.9M1.7B1.7B
Intangible Assets271.9M233.8M195.0M159.1M127.4M121.1M
Accounts Payable7.0B7.9B9.6B10.5B10.1B10.6B
Good Will2.1B2.1B2.1B2.0B2.1B1.6B
Other Liab372.9M676.1M624.2M352.2M405.0M336.6M
Other Assets328.7M752.1M620.3M574.5M660.7M371.7M
Long Term Debt2.6B2.1B2.2B3.2B2.2B2.3B
Treasury Stock(2.3B)(2.8B)(3.6B)(4.6B)(4.2B)(4.0B)
Property Plant Equipment803.1M799.6M682.8M596.5M685.9M580.0M
Net Tangible Assets4.8B5.1B3.0B5.5B6.4B4.8B
Noncontrolling Interest In Consolidated Entity54.5M59.6M58.6M65.0M74.7M39.1M
Retained Earnings Total Equity6.1B6.7B7.8B9.2B10.6B5.7B

Pair Trading with Arrow Electronics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Arrow Electronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Arrow Electronics will appreciate offsetting losses from the drop in the long position's value.

Moving together with Arrow Stock

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Moving against Arrow Stock

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The ability to find closely correlated positions to Arrow Electronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Arrow Electronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Arrow Electronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Arrow Electronics to buy it.
The correlation of Arrow Electronics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arrow Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arrow Electronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Arrow Electronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Arrow Electronics is a strong investment it is important to analyze Arrow Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arrow Electronics' future performance. For an informed investment choice regarding Arrow Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow 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 metropolitan statistical area.
For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Arrow Electronics' price analysis, check to measure Arrow Electronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Arrow Electronics is operating at the current time. Most of Arrow Electronics' value examination focuses on studying past and present price action to predict the probability of Arrow Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrow Electronics' price. Additionally, you may evaluate how the addition of Arrow Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Arrow 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 Arrow Electronics. If investors know Arrow 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 Arrow 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
(0.38)
Earnings Share
15.84
Revenue Per Share
587.433
Quarterly Revenue Growth
(0.16)
Return On Assets
0.0456
The market value of Arrow Electronics is measured differently than its book value, which is the value of Arrow that is recorded on the company's balance sheet. Investors also form their own opinion of Arrow Electronics' value that differs from its market value or its book value, called intrinsic value, which is Arrow 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 Arrow Electronics' market value can be influenced by many factors that don't directly affect Arrow 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 Arrow Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Arrow Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arrow 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.