Century Investments vs Accounts Payable Analysis

CCS Stock  USD 94.59  1.73  1.86%   
Century Communities financial indicator trend analysis is way more than just evaluating Century Communities prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Century Communities is a good investment. Please check the relationship between Century Communities Investments and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Century Stock please use our How to Invest in Century Communities guide.

Investments vs Accounts Payable

Investments vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Century Communities Investments account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between Century Communities' Investments and Accounts Payable is -0.72. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Century Communities, assuming nothing else is changed. The correlation between historical values of Century Communities' Investments 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 Investments of Century Communities 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 Investments i.e., Century Communities' Investments and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Accounts Payable

An accounting item on the balance sheet that represents Century Communities 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 Century Communities 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 Century Communities' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Century Communities 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 Century Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Century Stock please use our How to Invest in Century Communities guide.Enterprise Value Multiple is likely to gain to 14.54 in 2024, whereas Selling General Administrative is likely to drop slightly above 262.5 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.0B1.1B853.7M484.0M
Total Revenue4.2B4.5B3.7B2.2B

Century Communities fundamental ratios Correlations

0.970.80.880.890.960.530.920.870.780.50.360.280.980.780.7-0.60.950.520.981.00.880.870.980.71.0
0.970.750.940.820.940.460.980.850.710.420.250.290.980.710.6-0.620.990.610.990.970.880.931.00.610.97
0.80.750.680.740.810.290.730.620.570.260.10.340.820.570.56-0.480.760.220.760.810.740.660.760.530.81
0.880.940.680.720.840.340.920.820.650.290.150.370.870.650.48-0.560.940.440.90.890.810.870.940.480.89
0.890.820.740.720.830.790.770.940.720.760.640.030.870.720.92-0.550.830.420.850.890.760.740.840.920.89
0.960.940.810.840.830.490.910.810.690.450.30.240.960.690.66-0.550.920.470.960.960.850.820.950.650.95
0.530.460.290.340.790.490.460.790.31.00.91-0.560.490.30.94-0.30.450.270.50.530.410.380.470.950.51
0.920.980.730.920.770.910.460.810.550.410.220.180.940.550.57-0.610.960.640.960.940.810.90.970.570.92
0.870.850.620.820.940.810.790.810.670.750.60.00.830.670.87-0.50.860.380.860.870.770.760.860.880.87
0.780.710.570.650.720.690.30.550.670.280.250.580.741.00.49-0.450.730.30.750.730.810.670.740.490.79
0.50.420.260.290.760.451.00.410.750.280.92-0.580.460.280.94-0.290.40.250.460.490.370.340.430.940.47
0.360.250.10.150.640.30.910.220.60.250.92-0.550.320.250.83-0.180.240.170.30.350.210.160.270.840.33
0.280.290.340.370.030.24-0.560.180.00.58-0.58-0.550.280.58-0.32-0.110.330.050.270.240.370.290.3-0.320.31
0.980.980.820.870.870.960.490.940.830.740.460.320.280.740.66-0.610.960.610.990.990.880.890.980.660.98
0.780.710.570.650.720.690.30.550.671.00.280.250.580.740.49-0.450.730.30.750.730.810.670.740.490.79
0.70.60.560.480.920.660.940.570.870.490.940.83-0.320.660.49-0.410.60.260.650.70.570.510.620.990.69
-0.6-0.62-0.48-0.56-0.55-0.55-0.3-0.61-0.5-0.45-0.29-0.18-0.11-0.61-0.45-0.41-0.68-0.43-0.62-0.62-0.45-0.84-0.62-0.36-0.6
0.950.990.760.940.830.920.450.960.860.730.40.240.330.960.730.6-0.680.550.980.960.880.950.990.60.96
0.520.610.220.440.420.470.270.640.380.30.250.170.050.610.30.26-0.430.550.610.540.40.620.580.30.52
0.980.990.760.90.850.960.50.960.860.750.460.30.270.990.750.65-0.620.980.610.980.90.910.990.650.98
1.00.970.810.890.890.960.530.940.870.730.490.350.240.990.730.7-0.620.960.540.980.850.880.980.70.99
0.880.880.740.810.760.850.410.810.770.810.370.210.370.880.810.57-0.450.880.40.90.850.80.890.560.89
0.870.930.660.870.740.820.380.90.760.670.340.160.290.890.670.51-0.840.950.620.910.880.80.920.50.88
0.981.00.760.940.840.950.470.970.860.740.430.270.30.980.740.62-0.620.990.580.990.980.890.920.620.98
0.70.610.530.480.920.650.950.570.880.490.940.84-0.320.660.490.99-0.360.60.30.650.70.560.50.620.69
1.00.970.810.890.890.950.510.920.870.790.470.330.310.980.790.69-0.60.960.520.980.990.890.880.980.69
Click cells to compare fundamentals

Century Communities Account Relationship Matchups

Century Communities fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.5B2.8B3.5B3.8B4.1B2.2B
Short Long Term Debt Total1.1B1.2B1.3B1.2B1.3B841.4M
Other Current Liab214.0M43.7M316.9M299.6M174.9M133.2M
Total Current Liabilities367.5M410.5M401.6M406.5M322.1M267.6M
Total Stockholder Equity1.1B1.3B1.8B2.2B2.4B2.5B
Other Liab120.9M110.7M145.0M146.4M168.3M86.7M
Property Plant And Equipment Net36.0M28.4M24.9M31.7M205.4M215.6M
Net Debt1.1B759.9M1.0B920.3M1.1B693.2M
Accounts Payable84.8M107.7M84.7M106.9M147.3M154.6M
Cash55.4M394.0M316.3M296.7M226.2M148.3M
Non Current Assets Total77.2M71.2M76.6M82.9M725.3M761.6M
Non Currrent Assets Other(185.2M)8.1M28.3M19.8M388.7M408.1M
Other Assets15.2M521.4M443.4M510.7M(350.2M)(332.7M)
Long Term Debt896.7M894.9M1.3B1.2B1.3B762.9M
Cash And Short Term Investments55.4M394.0M316.3M296.7M226.2M148.3M
Net Receivables27.4M21.8M41.9M52.8M104.1M109.3M
Common Stock Total Equity331K334K338K318K286.2K271.9K
Common Stock Shares Outstanding31.2M33.4M34.4M33.0M32.2M28.0M
Liabilities And Stockholders Equity2.5B2.8B3.5B3.8B4.1B2.2B
Non Current Liabilities Total1.1B1.2B1.3B1.2B1.4B829.2M
Inventory2.0B1.9B2.5B2.8B3.0B1.6B
Other Current Assets344.4M428.4M605.4M250.5M417.3M220.9M
Other Stockholder Equity684.4M697.2M697.8M584.8M593.0M524.0M
Total Liab1.4B1.6B1.7B1.6B1.8B1.1B
Property Plant And Equipment Gross54.9M44.6M80.1M117.8M230.9M242.5M
Total Current Assets2.4B2.8B3.4B3.7B3.8B2.1B
Accumulated Other Comprehensive Income(14.3M)(21.8M)(29.6M)(36.8M)(33.1M)(31.4M)
Short Term Debt68.7M259.1M358.5M232.3M264.0M251.3M
Common Stock331K334K338K318K286.2K271.9K
Property Plant Equipment36.0M28.4M24.9M31.7M36.4M22.0M
Retained Earnings377.0M583.2M1.1B1.6B1.8B1.9B
Intangible Assets5.1M208K13.7M24.2M30.9M32.5M
Net Tangible Assets1.0B1.3B1.7B2.1B2.4B2.6B
Retained Earnings Total Equity377.0M583.2M1.1B1.6B1.8B1.9B
Long Term Debt Total896.7M894.9M1.3B1.2B1.4B852.4M
Capital Surpluse684.4M697.2M697.8M584.8M672.5M593.9M
Deferred Long Term Liab4.6M3.2M5.1M4.6M5.3M3.1M
Short Long Term Debt844.4M307.1M242.8M259.1M297.9M357.3M

Pair Trading with Century Communities

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 Century Communities 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 Century Communities will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Century Communities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Century Communities 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 Century Communities - 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 Century Communities to buy it.
The correlation of Century Communities 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 Century Communities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Century Communities 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 Century Communities 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 Century Communities is a strong investment it is important to analyze Century Communities' 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 Century Communities' future performance. For an informed investment choice regarding Century Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Century Communities. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Century Stock please use our How to Invest in Century Communities guide.
Note that the Century Communities information on this page should be used as a complementary analysis to other Century Communities' 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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When running Century Communities' price analysis, check to measure Century Communities' 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 Century Communities is operating at the current time. Most of Century Communities' value examination focuses on studying past and present price action to predict the probability of Century Communities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Century Communities' price. Additionally, you may evaluate how the addition of Century Communities to your portfolios can decrease your overall portfolio volatility.
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Is Century Communities' 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 Century Communities. If investors know Century 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 Century Communities 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
0.154
Dividend Share
0.92
Earnings Share
8.05
Revenue Per Share
115.674
Quarterly Revenue Growth
0.022
The market value of Century Communities is measured differently than its book value, which is the value of Century that is recorded on the company's balance sheet. Investors also form their own opinion of Century Communities' value that differs from its market value or its book value, called intrinsic value, which is Century Communities' 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 Century Communities' market value can be influenced by many factors that don't directly affect Century Communities' 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 Century Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Century Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Century Communities' 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.