ODP Quick Ratio vs Receivables Turnover Analysis
ODP Stock | USD 51.25 1.06 2.03% |
ODP Corp financial indicator trend analysis is much more than just breaking down ODP Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ODP Corp is a good investment. Please check the relationship between ODP Corp Quick Ratio and its Receivables Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.
Quick Ratio vs Receivables Turnover
Quick Ratio vs Receivables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ODP Corp Quick Ratio account and Receivables Turnover. At this time, the significance of the direction appears to have pay attention.
The correlation between ODP Corp's Quick Ratio and Receivables Turnover is -0.77. Overlapping area represents the amount of variation of Quick Ratio that can explain the historical movement of Receivables Turnover in the same time period over historical financial statements of ODP Corp, assuming nothing else is changed. The correlation between historical values of ODP Corp's Quick Ratio and Receivables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Quick Ratio of ODP Corp are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Quick Ratio i.e., ODP Corp's Quick Ratio and Receivables Turnover go up and down completely randomly.
Correlation Coefficient | -0.77 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Quick Ratio
A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.Receivables Turnover
Most indicators from ODP Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ODP Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.At this time, ODP Corp's Selling General Administrative is relatively stable compared to the past year. As of 04/25/2024, Enterprise Value Over EBITDA is likely to grow to 5.70, while Sales General And Administrative To Revenue is likely to drop 0.13.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 28M | 16M | 20M | 19M | Depreciation And Amortization | 146M | 199M | 115M | 176.1M |
ODP Corp fundamental ratios Correlations
Click cells to compare fundamentals
ODP Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
ODP Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.3B | 5.6B | 4.9B | 4.1B | 3.9B | 4.6B | |
Short Long Term Debt Total | 2.6B | 1.4B | 1.0B | 881M | 1.2B | 855.3M | |
Other Current Liab | 1.2B | 1.1B | 290M | 966M | 624M | 557.4M | |
Total Current Liabilities | 3.1B | 2.1B | 2.3B | 1.9B | 1.7B | 1.9B | |
Total Stockholder Equity | 2.2B | 1.9B | 1.4B | 1.3B | 1.1B | 1.6B | |
Property Plant And Equipment Net | 2.1B | 1.7B | 1.4B | 1.2B | 1.3B | 1.0B | |
Net Debt | 1.9B | 640M | 487M | 478M | 844M | 886.2M | |
Retained Earnings | (89M) | (409M) | (617M) | (451M) | (312M) | (296.4M) | |
Cash | 698M | 729M | 514M | 403M | 392M | 489.3M | |
Non Current Assets Total | 3.9B | 3.2B | 2.5B | 2.2B | 2.2B | 2.0B | |
Non Currrent Assets Other | 240M | 314M | 318M | 319M | 277M | 236.7M | |
Cash And Short Term Investments | 698M | 729M | 514M | 403M | 392M | 497.2M | |
Net Receivables | 1.6B | 631M | 495M | 536M | 491M | 819.6M | |
Common Stock Shares Outstanding | 56M | 55.3M | 53M | 48M | 40M | 36.3M | |
Liabilities And Stockholders Equity | 7.3B | 5.6B | 4.9B | 4.1B | 3.9B | 4.6B | |
Non Current Liabilities Total | 2.0B | 1.6B | 1.2B | 1.0B | 1.1B | 1.1B | |
Inventory | 1.0B | 930M | 859M | 828M | 765M | 1.2B | |
Other Stockholder Equity | 2.3B | 2.3B | 2.1B | 1.8B | 1.5B | 981.7M | |
Total Liab | 5.1B | 3.7B | 3.4B | 2.9B | 2.8B | 3.0B | |
Property Plant And Equipment Gross | 2.1B | 576M | 1.4B | 1.2B | 3.2B | 3.4B | |
Total Current Assets | 3.4B | 2.4B | 2.4B | 1.9B | 1.7B | 2.7B | |
Accumulated Other Comprehensive Income | (66M) | (32M) | (6M) | (77M) | (114M) | (108.3M) | |
Short Term Debt | 841M | 24M | 20M | 16M | 282M | 296.1M | |
Accounts Payable | 1.0B | 919M | 950M | 821M | 755M | 1.1B | |
Intangible Assets | 422M | 388M | 357M | 46M | 45M | 42.8M | |
Good Will | 914M | 944M | 609M | 464M | 403M | 513.8M | |
Other Liab | 261M | 240M | 181M | 138M | 158.7M | 150.8M | |
Other Assets | 440M | 1.7B | 545M | 503M | 578.5M | 547.7M | |
Long Term Debt | 517M | 297M | 193M | 148M | 144M | 136.8M | |
Treasury Stock | (325M) | (355M) | (632M) | (928M) | (1.1B) | (1.1B) | |
Property Plant Equipment | 679M | 576M | 477M | 352M | 316.8M | 301.0M | |
Current Deferred Revenue | 991M | 52M | 64M | 62M | 56M | 30.4M | |
Net Tangible Assets | 841M | 914M | 920M | 777M | 699.3M | 824.6M | |
Retained Earnings Total Equity | (89M) | (409M) | (617M) | (451M) | (518.7M) | (544.6M) |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.Note that the ODP Corp information on this page should be used as a complementary analysis to other ODP Corp's 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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When running ODP Corp's price analysis, check to measure ODP Corp's 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 ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.
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Is ODP Corp's 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 ODP Corp. If investors know ODP 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 ODP Corp 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 0.316 | Earnings Share 3.5 | Revenue Per Share 200.795 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0464 |
The market value of ODP Corp is measured differently than its book value, which is the value of ODP that is recorded on the company's balance sheet. Investors also form their own opinion of ODP Corp's value that differs from its market value or its book value, called intrinsic value, which is ODP Corp's 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 ODP Corp's market value can be influenced by many factors that don't directly affect ODP Corp's 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 ODP Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ODP Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ODP Corp's 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.