Calavo Free Cash Flow vs Accounts Payable Analysis
CVGW Stock | USD 28.11 1.28 4.77% |
Calavo Growers financial indicator trend analysis is way more than just evaluating Calavo Growers prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calavo Growers is a good investment. Please check the relationship between Calavo Growers Free Cash Flow and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calavo Growers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.
Free Cash Flow vs Accounts Payable
Free Cash Flow vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calavo Growers Free Cash Flow account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Calavo Growers' Free Cash Flow and Accounts Payable is 0.23. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Calavo Growers, assuming nothing else is changed. The correlation between historical values of Calavo Growers' Free Cash Flow 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 Free Cash Flow of Calavo Growers 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 Free Cash Flow i.e., Calavo Growers' Free Cash Flow and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.23 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.Accounts Payable
An accounting item on the balance sheet that represents Calavo Growers 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 Calavo Growers 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 Calavo Growers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calavo Growers 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 Calavo Growers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.At this time, Calavo Growers' Tax Provision is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 35.42 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.06 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 73.8M | 70.0M | 80.4M | 73.7M | Total Revenue | 1.2B | 971.9M | 1.1B | 693.0M |
Calavo Growers fundamental ratios Correlations
Click cells to compare fundamentals
Calavo Growers Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Calavo Growers fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 429.6M | 445.4M | 385.7M | 386.9M | 444.9M | 245.6M | |
Short Long Term Debt Total | 92.3M | 109.2M | 66.3M | 98.8M | 113.6M | 119.3M | |
Total Stockholder Equity | 256.0M | 226.9M | 223.4M | 208.8M | 240.2M | 148.0M | |
Net Debt | 88.3M | 107.3M | 64.2M | 96.7M | 111.2M | 116.8M | |
Other Assets | 69.6M | 35.0M | 45.8M | 52.6M | 60.5M | 63.5M | |
Common Stock Shares Outstanding | 17.6M | 17.6M | 17.7M | 17.8M | 20.4M | 16.7M | |
Liabilities And Stockholders Equity | 429.6M | 445.4M | 385.7M | 386.9M | 444.9M | 245.6M | |
Non Current Liabilities Total | 67.3M | 103.9M | 60.4M | 94.9M | 109.1M | 114.6M | |
Other Stockholder Equity | 166.5M | 169.5M | 172.2M | 176.5M | 203.0M | 213.1M | |
Total Liab | 173.6M | 218.5M | 162.4M | 176.6M | 203.1M | 213.3M | |
Other Current Liab | 59.0M | 57.3M | 11M | 57.4M | 12.7M | 12.0M | |
Total Current Liabilities | 106.3M | 114.6M | 102.0M | 81.7M | 94.0M | 74.2M | |
Property Plant And Equipment Net | 190.5M | 178.1M | 167.8M | 160.8M | 184.9M | 194.1M | |
Retained Earnings | 89.5M | 57.4M | 51.1M | 32.3M | 37.2M | 47.3M | |
Accounts Payable | 20.7M | 32.8M | 30.7M | 30.3M | 34.9M | 18.1M | |
Cash | 4.1M | 1.9M | 2.1M | 2.1M | 2.4M | 4.1M | |
Non Current Assets Total | 293.7M | 292.8M | 260.1M | 253.5M | 291.5M | 156.0M | |
Non Currrent Assets Other | 32.6M | 40.5M | 47.2M | 52.5M | 60.3M | 63.3M | |
Cash And Short Term Investments | 4.1M | 1.9M | 2.1M | 2.1M | 2.4M | 4.1M | |
Net Receivables | 74.3M | 90.4M | 62.4M | 62.5M | 71.8M | 52.6M | |
Inventory | 41.8M | 40.8M | 38.8M | 39.4M | 45.3M | 25.5M | |
Other Current Assets | 15.8M | 19.6M | 22.4M | 13.9M | 16.0M | 12.8M | |
Property Plant And Equipment Gross | 190.5M | 178.1M | 167.8M | 276.7M | 318.2M | 334.1M | |
Total Current Assets | 135.9M | 152.6M | 125.7M | 133.4M | 153.4M | 98.1M | |
Short Term Debt | 28.3M | 8.4M | 8.5M | 9.3M | 10.7M | 16.4M | |
Property Plant Equipment | 132.1M | 190.5M | 178.1M | 167.8M | 193.0M | 202.7M | |
Intangible Assets | 10.3M | 8.8M | 7.2M | 5.7M | 6.6M | 5.8M | |
Net Tangible Assets | 265.5M | 215.6M | 189.5M | 186.5M | 214.5M | 195.4M | |
Long Term Debt Total | 5.4M | 5.7M | 5.6M | 4.4M | 4.0M | 4.3M | |
Capital Surpluse | 161.6M | 165M | 168.1M | 171.2M | 196.9M | 144.8M |
Pair Trading with Calavo Growers
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 Calavo Growers 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 Calavo Growers will appreciate offsetting losses from the drop in the long position's value.Moving against Calavo Stock
0.54 | CCU | Compania Cervecerias Financial Report 8th of May 2024 | PairCorr |
0.43 | TSN | Tyson Foods Financial Report 13th of May 2024 | PairCorr |
The ability to find closely correlated positions to Calavo Growers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Calavo Growers 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 Calavo Growers - 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 Calavo Growers to buy it.
The correlation of Calavo Growers 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 Calavo Growers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Calavo Growers 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 Calavo Growers 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calavo Growers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.Note that the Calavo Growers information on this page should be used as a complementary analysis to other Calavo Growers' 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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Is Calavo Growers' 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 Calavo Growers. If investors know Calavo 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 Calavo Growers 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 4.286 | Dividend Share 0.4 | Earnings Share (0.58) | Revenue Per Share 54.371 | Quarterly Revenue Growth (0.04) |
The market value of Calavo Growers is measured differently than its book value, which is the value of Calavo that is recorded on the company's balance sheet. Investors also form their own opinion of Calavo Growers' value that differs from its market value or its book value, called intrinsic value, which is Calavo Growers' 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 Calavo Growers' market value can be influenced by many factors that don't directly affect Calavo Growers' 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 Calavo Growers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Calavo Growers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Calavo Growers' 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.