Cavco Accounts Payable vs Non Current Liabilities Total Analysis

CVCO Stock

USD 371.79 19.37 4.95%

Cavco Industries financial indicator trend analysis is way more than just evaluating Cavco Industries prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cavco Industries is a good investment. Please check the relationship between Cavco Industries Accounts Payable and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cavco Industries. 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.

To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.

Accounts Payable vs Non Current Liabilities Total

Accounts Payable vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cavco Industries Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cavco Industries' Accounts Payable and Non Current Liabilities Total is -0.48. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Cavco Industries, assuming nothing else is changed. The correlation between historical values of Cavco Industries' Accounts Payable and Non Current Liabilities Total 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 Cavco Industries are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., Cavco Industries' Accounts Payable and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

-0.48

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Cavco Industries 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 Cavco Industries 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.

Non Current Liabilities Total

Most indicators from Cavco Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cavco Industries 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 Cavco Industries. 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.

To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.At this time, Cavco Industries' Selling General Administrative is very stable compared to the past year. As of the 17th of May 2024, Tax Provision is likely to grow to about 79.6 M, while Sales General And Administrative To Revenue is likely to drop 0.10.

	2021	2022	2023	2024 (projected)
Interest Expense	702K	910K	1.0M	994.2K
Depreciation And Amortization	10.2M	122.9M	141.3M	148.4M

Interest Expense Depreciation And Amortization

Cavco Industries 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	Non Current Assets Total	Net Receivables	Good Will	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	Cash And Short Term Investments	Other Liab	Accounts Payable	Long Term Debt	Short Term Investments	Intangible Assets	Property Plant Equipment	Retained Earnings
Total Assets		-0.23	0.99	0.99	0.99	0.97	-0.83	0.97	0.99	0.71	0.62	-0.34	0.98	0.94	0.12	0.97	0.97	0.99	0.92	-0.85	0.88	-0.59	0.76	0.08	0.98	0.99
Short Long Term Debt Total	-0.23		-0.29	-0.25	-0.26	-0.26	0.45	-0.17	-0.26	-0.46	0.13	0.57	-0.22	-0.47	0.49	-0.1	-0.26	-0.25	-0.24	0.17	-0.21	0.55	-0.16	-0.59	-0.27	-0.31
Other Current Liab	0.99	-0.29		0.99	0.99	0.97	-0.85	0.93	0.99	0.74	0.59	-0.45	0.98	0.97	0.03	0.94	0.97	0.99	0.92	-0.81	0.89	-0.68	0.77	0.2	0.97	0.99
Total Current Liabilities	0.99	-0.25	0.99		0.99	0.95	-0.86	0.93	0.99	0.71	0.64	-0.42	0.97	0.95	0.13	0.96	0.95	1.0	0.93	-0.86	0.92	-0.64	0.81	0.1	0.96	0.97
Total Stockholder Equity	0.99	-0.26	0.99	0.99		0.96	-0.85	0.94	0.99	0.72	0.65	-0.43	0.97	0.95	0.1	0.94	0.96	0.99	0.93	-0.84	0.89	-0.67	0.77	0.13	0.96	0.99
Property Plant And Equipment Net	0.97	-0.26	0.97	0.95	0.96		-0.72	0.98	0.96	0.77	0.47	-0.3	0.98	0.95	-0.07	0.94	1.0	0.95	0.82	-0.73	0.77	-0.55	0.62	0.22	1.0	0.99
Net Debt	-0.83	0.45	-0.85	-0.86	-0.85	-0.72		-0.68	-0.84	-0.57	-0.66	0.59	-0.75	-0.8	-0.23	-0.75	-0.72	-0.88	-0.96	0.88	-0.89	0.75	-0.89	-0.05	-0.73	-0.8
Non Current Assets Total	0.97	-0.17	0.93	0.93	0.94	0.98	-0.68		0.94	0.69	0.51	-0.15	0.98	0.9	0.06	0.97	0.98	0.93	0.8	-0.75	0.76	-0.41	0.62	0.06	0.98	0.96
Net Receivables	0.99	-0.26	0.99	0.99	0.99	0.96	-0.84	0.94		0.73	0.62	-0.42	0.98	0.96	0.09	0.95	0.96	0.99	0.91	-0.84	0.91	-0.65	0.78	0.14	0.97	0.98
Good Will	0.71	-0.46	0.74	0.71	0.72	0.77	-0.57	0.69	0.73		0.39	-0.44	0.75	0.8	-0.35	0.63	0.77	0.7	0.56	-0.48	0.56	-0.6	0.51	0.44	0.77	0.77
Common Stock Shares Outstanding	0.62	0.13	0.59	0.64	0.65	0.47	-0.66	0.51	0.62	0.39		-0.19	0.56	0.43	0.68	0.64	0.47	0.66	0.74	-0.72	0.75	-0.35	0.81	-0.43	0.48	0.54
Non Current Liabilities Total	-0.34	0.57	-0.45	-0.42	-0.43	-0.3	0.59	-0.15	-0.42	-0.44	-0.19		-0.31	-0.53	0.3	-0.15	-0.3	-0.43	-0.48	0.38	-0.48	0.95	-0.37	-0.61	-0.3	-0.41
Inventory	0.98	-0.22	0.98	0.97	0.97	0.98	-0.75	0.98	0.98	0.75	0.56	-0.31		0.95	0.04	0.96	0.98	0.97	0.84	-0.79	0.85	-0.55	0.7	0.15	0.99	0.98
Other Current Assets	0.94	-0.47	0.97	0.95	0.95	0.95	-0.8	0.9	0.96	0.8	0.43	-0.53	0.95		-0.17	0.87	0.95	0.94	0.83	-0.72	0.82	-0.73	0.65	0.39	0.96	0.97
Other Stockholder Equity	0.12	0.49	0.03	0.13	0.1	-0.07	-0.23	0.06	0.09	-0.35	0.68	0.3	0.04	-0.17		0.23	-0.07	0.15	0.31	-0.43	0.35	0.23	0.48	-0.89	-0.06	-0.03
Total Liab	0.97	-0.1	0.94	0.96	0.94	0.94	-0.75	0.97	0.95	0.63	0.64	-0.15	0.96	0.87	0.23		0.94	0.95	0.87	-0.82	0.85	-0.41	0.76	-0.07	0.95	0.93
Property Plant And Equipment Gross	0.97	-0.26	0.97	0.95	0.96	1.0	-0.72	0.98	0.96	0.77	0.47	-0.3	0.98	0.95	-0.07	0.94		0.95	0.82	-0.73	0.77	-0.55	0.62	0.22	1.0	0.99
Total Current Assets	0.99	-0.25	0.99	1.0	0.99	0.95	-0.88	0.93	0.99	0.7	0.66	-0.43	0.97	0.94	0.15	0.95	0.95		0.95	-0.87	0.92	-0.66	0.82	0.09	0.95	0.98
Cash And Short Term Investments	0.92	-0.24	0.92	0.93	0.93	0.82	-0.96	0.8	0.91	0.56	0.74	-0.48	0.84	0.83	0.31	0.87	0.82	0.95		-0.91	0.93	-0.68	0.89	-0.04	0.82	0.88
Other Liab	-0.85	0.17	-0.81	-0.86	-0.84	-0.73	0.88	-0.75	-0.84	-0.48	-0.72	0.38	-0.79	-0.72	-0.43	-0.82	-0.73	-0.87	-0.91		-0.89	0.54	-0.86	0.22	-0.73	-0.79
Accounts Payable	0.88	-0.21	0.89	0.92	0.89	0.77	-0.89	0.76	0.91	0.56	0.75	-0.48	0.85	0.82	0.35	0.85	0.77	0.92	0.93	-0.89		-0.66	0.92	-0.03	0.79	0.84
Long Term Debt	-0.59	0.55	-0.68	-0.64	-0.67	-0.55	0.75	-0.41	-0.65	-0.6	-0.35	0.95	-0.55	-0.73	0.23	-0.41	-0.55	-0.66	-0.68	0.54	-0.66		-0.54	-0.57	-0.55	-0.65
Short Term Investments	0.76	-0.16	0.77	0.81	0.77	0.62	-0.89	0.62	0.78	0.51	0.81	-0.37	0.7	0.65	0.48	0.76	0.62	0.82	0.89	-0.86	0.92	-0.54		-0.21	0.65	0.69
Intangible Assets	0.08	-0.59	0.2	0.1	0.13	0.22	-0.05	0.06	0.14	0.44	-0.43	-0.61	0.15	0.39	-0.89	-0.07	0.22	0.09	-0.04	0.22	-0.03	-0.57	-0.21		0.22	0.23
Property Plant Equipment	0.98	-0.27	0.97	0.96	0.96	1.0	-0.73	0.98	0.97	0.77	0.48	-0.3	0.99	0.96	-0.06	0.95	1.0	0.95	0.82	-0.73	0.79	-0.55	0.65	0.22		0.99
Retained Earnings	0.99	-0.31	0.99	0.97	0.99	0.99	-0.8	0.96	0.98	0.77	0.54	-0.41	0.98	0.97	-0.03	0.93	0.99	0.98	0.88	-0.79	0.84	-0.65	0.69	0.23	0.99

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Cavco Industries Account Relationship Matchups

Cavco Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	810.4M	951.8M	1.2B	1.3B	1.5B	1.6B
Short Long Term Debt Total	25.7M	25.5M	24.8M	21.7M	24.9M	42.6M
Other Current Liab	117.9M	161.3M	194.0M	210.9M	242.5M	254.6M
Total Current Liabilities	172.1M	237.1M	294.2M	293.4M	337.4M	354.3M
Total Stockholder Equity	607.6M	683.6M	830.5M	976.3M	1.1B	1.2B
Property Plant And Equipment Net	91.1M	113.0M	181.0M	255.0M	293.3M	308.0M
Net Debt	(216.1M)	(296.7M)	(219.4M)	(249.7M)	(224.8M)	(213.5M)
Non Current Assets Total	294.2M	300.0M	410.9M	503.4M	578.9M	607.9M
Net Receivables	90.6M	104.3M	149.3M	150.4M	173.0M	181.6M
Common Stock Shares Outstanding	9.3M	9.3M	9.3M	8.9M	10.3M	8.6M
Liabilities And Stockholders Equity	810.4M	951.8M	1.2B	1.3B	1.5B	1.6B
Non Current Liabilities Total	30.7M	31.1M	29.5M	37.1M	42.6M	40.4M
Inventory	113.5M	131.2M	244.0M	263.2M	302.6M	317.8M
Other Current Assets	42.2M	57.8M	86.6M	92.9M	106.8M	112.1M
Other Stockholder Equity	252.3M	252.4M	202.0M	107.5M	123.6M	157.9M
Total Liab	202.8M	268.2M	323.7M	330.5M	380.0M	399.0M
Property Plant And Equipment Gross	91.1M	113.0M	181.0M	255.0M	293.3M	308.0M
Total Current Assets	516.2M	651.8M	744.1M	804.6M	925.3M	971.5M
Accumulated Other Comprehensive Income	90K	97K	(403K)	(615K)	(553.5K)	(525.8K)
Cash And Short Term Investments	256.4M	341.8M	264.2M	286.4M	329.4M	345.8M
Other Liab	7.0M	7.3M	7.4M	5.5M	5.0M	4.7M
Accounts Payable	29.9M	32.1M	43.1M	30.7M	35.3M	37.1M
Long Term Debt	14.6M	12.7M	10.3M	10.8M	9.8M	9.3M
Short Term Investments	14.6M	19.5M	20.1M	15.0M	17.2M	12.4M
Intangible Assets	15.1M	14.4M	28.5M	29.8M	26.8M	30.9M
Property Plant Equipment	77.2M	113.0M	181.0M	228.3M	262.5M	275.6M
Retained Earnings	355.1M	431.1M	628.8M	869.3M	999.7M	1.0B
Cash	241.8M	322.3M	244.2M	271.4M	312.1M	327.7M
Short Term Debt	2.2M	1.9M	784K	6.6M	5.9M	8.4M
Net Tangible Assets	528.1M	594.2M	701.0M	968.2M	1.1B	1.2B
Current Deferred Revenue	22.1M	41.8M	56.3M	45.2M	52.0M	27.4M
Retained Earnings Total Equity	280.1M	355.1M	431.1M	869.3M	999.7M	1.0B
Capital Surpluse	249.4M	252.3M	253.8M	272.0M	312.7M	249.7M
Deferred Long Term Liab	7.0M	7.3M	7.4M	7.6M	6.8M	11.0M
Long Term Investments	112.6M	35.0M	34.9M	99.7M	89.7M	74.8M

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

How To Invest In Cavco

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Is Cavco Stock a good investment?

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What is Cavco Industries' Net Worth?

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cavco Industries. 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.

To learn how to invest in Cavco Stock, please use our How to Invest in Cavco Industries guide.

Note that the Cavco Industries information on this page should be used as a complementary analysis to other Cavco Industries' 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 Transaction History module to view history of all your transactions and understand their impact on performance.

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

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Is Cavco Industries' 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 Cavco Industries. If investors know Cavco 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 Cavco Industries 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

(0.36)

Earnings Share

19.75

Revenue Per Share

215.435

Quarterly Revenue Growth

(0.11)

Return On Assets

0.0936

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

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Cavco Accounts Payable vs Non Current Liabilities Total Analysis

Accounts Payable vs Non Current Liabilities Total

Accounts Payable vs Non Current Liabilities Total Correlation Analysis

Correlation Coefficient

Accounts Payable

Non Current Liabilities Total

Cavco Industries fundamental ratios Correlations

Cavco Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cavco Industries fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Cavco Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Current Liabilities
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Net
Property Plant Equipment	+ 1.0	Property Plant And Equipment Gross
Other Current Liab	+ 0.99	Total Assets
Total Current Liabilities	+ 0.99	Total Assets

Cash And Short Term Investments	- 0.96	Net Debt
Other Liab	- 0.91	Cash And Short Term Investments
Accounts Payable	- 0.89	Other Liab
Intangible Assets	- 0.89	Other Stockholder Equity
Short Term Investments	- 0.89	Net Debt
Accounts Payable	- 0.89	Net Debt