Barnes Inventory vs Accounts Payable Analysis

B Stock

USD 34.33 0.77 2.19%

Barnes financial indicator trend analysis is way more than just evaluating Barnes Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Barnes Group is a good investment. Please check the relationship between Barnes Inventory and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Barnes Group Inventory account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.

The correlation between Barnes' Inventory and Accounts Payable is 0.73. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Barnes Group, assuming nothing else is changed. The correlation between historical values of Barnes' Inventory 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 Inventory of Barnes Group 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 Inventory i.e., Barnes' Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Inventory

Accounts Payable

An accounting item on the balance sheet that represents Barnes 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 Barnes Group 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 Barnes' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Barnes Group 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 Barnes Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

At present, Barnes' Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.29, whereas Selling General Administrative is forecasted to decline to about 257.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	455.0M	421.9M	442.9M	370.6M
Total Revenue	1.3B	1.3B	1.5B	1.0B

Gross Profit Total Revenue

Barnes fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.9	0.64	0.76	0.92	0.75	0.88	0.92	0.5	1.0	-0.52	0.5	0.93	0.23	0.94	0.92	0.3	-0.53	0.96	0.72	0.96	0.07	0.95	0.77	0.76	0.72
Short Long Term Debt Total	0.9		0.43	0.54	0.67	0.52	1.0	0.72	0.27	0.89	-0.78	0.27	0.9	0.05	0.99	0.91	0.06	-0.52	0.98	0.72	0.89	0.1	0.85	0.59	0.53	0.45
Other Current Liab	0.64	0.43		0.94	0.7	0.92	0.4	0.7	0.62	0.65	-0.03	0.62	0.56	0.14	0.49	0.41	0.38	-0.45	0.53	0.35	0.57	-0.03	0.63	0.78	0.71	0.64
Total Current Liabilities	0.76	0.54	0.94		0.81	0.97	0.51	0.77	0.69	0.75	-0.12	0.69	0.71	0.33	0.6	0.59	0.32	-0.36	0.64	0.41	0.72	0.12	0.76	0.9	0.85	0.8
Total Stockholder Equity	0.92	0.67	0.7	0.81		0.82	0.64	0.95	0.58	0.92	-0.25	0.58	0.8	0.34	0.73	0.79	0.44	-0.44	0.77	0.66	0.86	0.09	0.89	0.79	0.83	0.84
Property Plant And Equipment Net	0.75	0.52	0.92	0.97	0.82		0.49	0.77	0.71	0.75	-0.12	0.71	0.67	0.36	0.59	0.58	0.32	-0.34	0.63	0.38	0.7	0.06	0.76	0.89	0.88	0.82
Net Debt	0.88	1.0	0.4	0.51	0.64	0.49		0.69	0.2	0.88	-0.8	0.2	0.88	0.02	0.98	0.9	0.04	-0.52	0.97	0.71	0.85	0.11	0.83	0.56	0.49	0.41
Retained Earnings	0.92	0.72	0.7	0.77	0.95	0.77	0.69		0.51	0.93	-0.32	0.51	0.79	0.08	0.77	0.79	0.48	-0.68	0.8	0.75	0.85	-0.08	0.83	0.8	0.71	0.7
Cash	0.5	0.27	0.62	0.69	0.58	0.71	0.2	0.51		0.46	0.13	1.0	0.51	0.42	0.36	0.37	0.31	-0.15	0.39	0.17	0.58	-0.16	0.44	0.72	0.68	0.68
Non Current Assets Total	1.0	0.89	0.65	0.75	0.92	0.75	0.88	0.93	0.46		-0.51	0.46	0.91	0.2	0.93	0.89	0.31	-0.55	0.95	0.72	0.93	0.09	0.95	0.75	0.74	0.71
Non Currrent Assets Other	-0.52	-0.78	-0.03	-0.12	-0.25	-0.12	-0.8	-0.32	0.13	-0.51		0.13	-0.59	0.19	-0.69	-0.7	0.43	0.32	-0.67	-0.67	-0.53	-0.2	-0.47	-0.22	-0.12	0.02
Cash And Short Term Investments	0.5	0.27	0.62	0.69	0.58	0.71	0.2	0.51	1.0	0.46	0.13		0.51	0.42	0.36	0.37	0.31	-0.15	0.39	0.17	0.58	-0.16	0.44	0.72	0.68	0.68
Net Receivables	0.93	0.9	0.56	0.71	0.8	0.67	0.88	0.79	0.51	0.91	-0.59	0.51		0.29	0.92	0.91	0.11	-0.38	0.94	0.64	0.97	0.11	0.92	0.74	0.69	0.65
Common Stock Shares Outstanding	0.23	0.05	0.14	0.33	0.34	0.36	0.02	0.08	0.42	0.2	0.19	0.42	0.29		0.11	0.25	0.15	0.63	0.13	-0.18	0.32	0.3	0.38	0.31	0.66	0.72
Non Current Liabilities Total	0.94	0.99	0.49	0.6	0.73	0.59	0.98	0.77	0.36	0.93	-0.69	0.36	0.92	0.11		0.91	0.16	-0.53	1.0	0.68	0.92	0.03	0.87	0.66	0.6	0.54
Inventory	0.92	0.91	0.41	0.59	0.79	0.58	0.9	0.79	0.37	0.89	-0.7	0.37	0.91	0.25	0.91		0.13	-0.41	0.92	0.81	0.95	0.08	0.84	0.73	0.7	0.64
Other Current Assets	0.3	0.06	0.38	0.32	0.44	0.32	0.04	0.48	0.31	0.31	0.43	0.31	0.11	0.15	0.16	0.13		-0.38	0.17	0.13	0.26	-0.44	0.21	0.38	0.42	0.52
Other Stockholder Equity	-0.53	-0.52	-0.45	-0.36	-0.44	-0.34	-0.52	-0.68	-0.15	-0.55	0.32	-0.15	-0.38	0.63	-0.53	-0.41	-0.38		-0.54	-0.64	-0.43	0.4	-0.32	-0.43	-0.11	-0.06
Total Liab	0.96	0.98	0.53	0.64	0.77	0.63	0.97	0.8	0.39	0.95	-0.67	0.39	0.94	0.13	1.0	0.92	0.17	-0.54		0.7	0.94	0.06	0.9	0.68	0.63	0.57
Property Plant And Equipment Gross	0.72	0.72	0.35	0.41	0.66	0.38	0.71	0.75	0.17	0.72	-0.67	0.17	0.64	-0.18	0.68	0.81	0.13	-0.64	0.7		0.7	-0.05	0.57	0.59	0.4	0.33
Total Current Assets	0.96	0.89	0.57	0.72	0.86	0.7	0.85	0.85	0.58	0.93	-0.53	0.58	0.97	0.32	0.92	0.95	0.26	-0.43	0.94	0.7		0.02	0.9	0.81	0.77	0.74
Short Term Debt	0.07	0.1	-0.03	0.12	0.09	0.06	0.11	-0.08	-0.16	0.09	-0.2	-0.16	0.11	0.3	0.03	0.08	-0.44	0.4	0.06	-0.05	0.02		0.25	-0.14	0.1	0.08
Intangible Assets	0.95	0.85	0.63	0.76	0.89	0.76	0.83	0.83	0.44	0.95	-0.47	0.44	0.92	0.38	0.87	0.84	0.21	-0.32	0.9	0.57	0.9	0.25		0.68	0.76	0.74
Accounts Payable	0.77	0.59	0.78	0.9	0.79	0.89	0.56	0.8	0.72	0.75	-0.22	0.72	0.74	0.31	0.66	0.73	0.38	-0.43	0.68	0.59	0.81	-0.14	0.68		0.87	0.81
Common Stock Total Equity	0.76	0.53	0.71	0.85	0.83	0.88	0.49	0.71	0.68	0.74	-0.12	0.68	0.69	0.66	0.6	0.7	0.42	-0.11	0.63	0.4	0.77	0.1	0.76	0.87		0.98
Common Stock	0.72	0.45	0.64	0.8	0.84	0.82	0.41	0.7	0.68	0.71	0.02	0.68	0.65	0.72	0.54	0.64	0.52	-0.06	0.57	0.33	0.74	0.08	0.74	0.81	0.98

Click cells to compare fundamentals

Barnes Account Relationship Matchups

Barnes fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.7B	2.6B	2.4B	3.3B	3.5B
Short Long Term Debt Total	834.8M	704.3M	603.7M	571.1M	1.3B	1.4B
Other Current Liab	159.5M	138.7M	150.2M	130.7M	168.1M	96.5M
Total Current Liabilities	342.9M	295.4M	310.4M	305.1M	396.6M	215.3M
Total Stockholder Equity	1.3B	1.4B	1.4B	1.3B	1.4B	1.4B
Property Plant And Equipment Net	356.6M	370.9M	341.5M	320.1M	449.5M	226.4M
Net Debt	741.0M	625.1M	500.8M	494.2M	1.2B	1.3B
Retained Earnings	1.5B	1.5B	1.6B	1.6B	1.6B	1.6B
Cash	93.8M	79.1M	102.9M	76.9M	89.8M	50.5M
Non Current Assets Total	2.0B	2.0B	1.9B	1.7B	2.4B	2.5B
Non Currrent Assets Other	82.0M	65.1M	73.0M	63.2M	(655.0M)	(622.3M)
Cash And Short Term Investments	93.8M	79.1M	102.9M	76.9M	89.8M	50.5M
Net Receivables	349.0M	251.5M	262.3M	291.9M	425.7M	447.0M
Common Stock Shares Outstanding	51.6M	51.1M	51.1M	51.1M	51.2M	50.8M
Liabilities And Stockholders Equity	2.7B	2.7B	2.6B	2.4B	3.3B	3.5B
Non Current Liabilities Total	1.1B	998.2M	837.7M	762.3M	1.5B	1.6B
Inventory	232.7M	238.0M	239.7M	283.4M	365.2M	383.5M
Other Current Assets	88.9M	73.7M	75.4M	80.2M	25.9M	37.3M
Other Stockholder Equity	(8.8M)	(15.5M)	(7.1M)	(1.7M)	5.5M	5.3M
Total Liab	1.5B	1.3B	1.1B	1.1B	1.9B	2.0B
Property Plant And Equipment Gross	356.6M	370.9M	904.9M	907.0M	1.0B	1.1B
Total Current Assets	764.4M	642.3M	680.2M	732.3M	906.7M	952.1M
Accumulated Other Comprehensive Income	(210.5M)	(122.3M)	(151.8M)	(220.5M)	(195.1M)	(185.4M)
Short Term Debt	9.8M	4.4M	3.7M	1.4M	21.8M	22.2M
Intangible Assets	581.1M	564.1M	500.2M	442.5M	706.5M	741.8M
Accounts Payable	118.5M	112.4M	131.1M	145.1M	164.3M	95.1M
Common Stock Total Equity	639K	642K	643K	645K	741.8K	541.5K
Common Stock	639K	642K	643K	645K	646K	548.2K
Other Liab	277.7M	298.3M	237.7M	175.6M	201.9M	179.7M
Other Assets	71.8M	87.2M	99.5M	56.3M	50.6M	49.0M
Long Term Debt	825.0M	699.9M	599.9M	569.6M	1.3B	1.3B
Good Will	933.0M	1.0B	955.4M	835.5M	1.2B	1.1B
Treasury Stock	(498.1M)	(517.0M)	(523.6M)	(531.5M)	(478.4M)	(454.4M)
Property Plant Equipment	356.6M	370.9M	341.5M	320.1M	368.2M	281.2M
Current Deferred Revenue	55.1M	39.9M	25.4M	27.9M	42.4M	36.4M
Net Tangible Assets	647.4M	565.9M	(26.9M)	677.1M	778.7M	817.6M
Retained Earnings Total Equity	1.5B	1.5B	1.6B	1.6B	1.8B	1.2B
Long Term Debt Total	825.0M	699.9M	599.9M	569.6M	655.1M	620.3M
Capital Surpluse	489.3M	501.5M	516.6M	529.8M	609.3M	470.4M
Deferred Long Term Liab	88.4M	91.7M	66.7M	62.6M	71.9M	70.4M

Barnes Investors Sentiment

The influence of Barnes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Barnes. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Barnes' public news can be used to forecast risks associated with an investment in Barnes. The trend in average sentiment can be used to explain how an investor holding Barnes can time the market purely based on public headlines and social activities around Barnes Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Barnes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Barnes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Barnes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Barnes.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Barnes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Barnes' short interest history, or implied volatility extrapolated from Barnes options trading.

Pair Trading with Barnes

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 Barnes 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 Barnes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barnes Stock

0.77	CR	Crane Company Financial Report 8th of May 2024	Pair Corr
0.76	HI	Hillenbrand Financial Report 13th of May 2024	Pair Corr
0.9	IR	Ingersoll Rand Financial Report 1st of May 2024	Pair Corr

Moving against Barnes Stock

0.82	RR	Richtech Robotics Class	Pair Corr
0.7	ATS	ATS Corporation	Pair Corr

The ability to find closely correlated positions to Barnes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barnes 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 Barnes - 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 Barnes Group to buy it.

The correlation of Barnes 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 Barnes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barnes Group 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 Barnes 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 Correlation Correlation Matching

When determining whether Barnes Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Barnes' 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 Barnes Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Barnes Group Stock:

How To Invest In Barnes

Details

Is Barnes Stock a good investment?

Details

What is Barnes' Net Worth?

Details

Largest Industrial Machinery & Supplies & Components Companies

View

Largest Specialty Industrial Machinery Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barnes Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Note that the Barnes Group information on this page should be used as a complementary analysis to other Barnes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Barnes Stock analysis

When running Barnes' price analysis, check to measure Barnes' 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 Barnes is operating at the current time. Most of Barnes' value examination focuses on studying past and present price action to predict the probability of Barnes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barnes' price. Additionally, you may evaluate how the addition of Barnes to your portfolios can decrease your overall portfolio volatility.

	Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios

Is Barnes' 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 Barnes. If investors know Barnes 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 Barnes 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

(0.53)

Dividend Share

0.64

Earnings Share

0.31

Revenue Per Share

28.419

Quarterly Revenue Growth

0.326

The market value of Barnes Group is measured differently than its book value, which is the value of Barnes that is recorded on the company's balance sheet. Investors also form their own opinion of Barnes' value that differs from its market value or its book value, called intrinsic value, which is Barnes' 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 Barnes' market value can be influenced by many factors that don't directly affect Barnes' 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 Barnes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barnes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnes' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Barnes Inventory vs Accounts Payable Analysis

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

Correlation Coefficient

Inventory

Accounts Payable

Barnes fundamental ratios Correlations

Barnes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Barnes fundamental ratios Accounts

Barnes Investors Sentiment

Pair Trading with Barnes

Moving together with Barnes Stock

Moving against Barnes Stock

Complementary Tools for Barnes Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.98	Short Long Term Debt Total

Non Currrent Assets Other	- 0.8	Net Debt
Non Currrent Assets Other	- 0.78	Short Long Term Debt Total
Inventory	- 0.7	Non Currrent Assets Other
Non Current Liabilities Total	- 0.69	Non Currrent Assets Other
Other Stockholder Equity	- 0.68	Retained Earnings
Property Plant And Equipment Gross	- 0.67	Non Currrent Assets Other