Park Cost of Revenue vs Accounts Payable Analysis

PKE Stock  USD 15.11  0.21  1.37%   
Park Electrochemical financial indicator trend analysis is much more than just breaking down Park Electrochemical prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Park Electrochemical is a good investment. Please check the relationship between Park Electrochemical Cost Of Revenue and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Electrochemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For information on how to trade Park Stock refer to our How to Trade Park Stock guide.

Cost Of Revenue vs Accounts Payable

Cost of Revenue vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Park Electrochemical Cost of Revenue account and Accounts Payable. At this time, the significance of the direction appears to have weak relationship.
The correlation between Park Electrochemical's Cost of Revenue and Accounts Payable is 0.31. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Park Electrochemical, assuming nothing else is changed. The correlation between historical values of Park Electrochemical's Cost of Revenue 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 Cost of Revenue of Park Electrochemical 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 Cost of Revenue i.e., Park Electrochemical's Cost of Revenue and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

Cost Of Revenue

Cost of Revenue is found on Park Electrochemical income statement and represents the costs associated with goods and services Park Electrochemical provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Accounts Payable

An accounting item on the balance sheet that represents Park Electrochemical 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 Park Electrochemical 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 Park Electrochemical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Park Electrochemical 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 Park Electrochemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For information on how to trade Park Stock refer to our How to Trade Park Stock guide.At present, Park Electrochemical's Enterprise Value is projected to decrease significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit17.9M16.5M14.8M14.1M
Total Revenue53.6M54.1M48.6M46.2M

Park Electrochemical fundamental ratios Correlations

0.84-0.210.440.840.53-0.50.630.720.830.820.980.730.380.660.790.350.380.710.530.990.84-0.180.440.730.43
0.84-0.340.380.510.25-0.310.510.690.690.930.870.790.120.910.740.160.180.90.250.860.830.090.150.640.14
-0.21-0.340.66-0.090.290.16-0.09-0.27-0.06-0.41-0.28-0.220.14-0.44-0.040.14-0.07-0.30.29-0.24-0.130.17-0.05-0.16-0.05
0.440.380.660.220.53-0.020.080.210.460.170.350.240.30.290.510.140.110.450.530.40.420.080.160.390.16
0.840.51-0.090.220.57-0.530.820.530.70.590.820.630.380.180.670.670.390.220.570.840.74-0.190.440.550.43
0.530.250.290.530.57-0.050.460.080.750.220.360.280.04-0.010.60.47-0.140.141.00.450.50.17-0.010.21-0.01
-0.5-0.310.16-0.02-0.53-0.05-0.35-0.88-0.09-0.29-0.58-0.21-0.36-0.24-0.1-0.08-0.43-0.22-0.05-0.55-0.330.34-0.44-0.36-0.43
0.630.51-0.090.080.820.46-0.350.370.550.640.640.76-0.090.130.690.71-0.050.110.460.640.790.35-0.080.2-0.1
0.720.69-0.270.210.530.08-0.880.370.340.610.80.470.370.650.34-0.040.420.640.080.760.57-0.240.410.540.41
0.830.69-0.060.460.70.75-0.090.550.340.730.730.590.230.490.720.380.180.560.750.780.73-0.040.250.580.24
0.820.93-0.410.170.590.22-0.290.640.610.730.840.830.060.790.690.240.150.750.220.830.770.090.130.590.11
0.980.87-0.280.350.820.36-0.580.640.80.730.840.750.410.70.720.340.460.710.360.990.85-0.210.480.750.46
0.730.79-0.220.240.630.28-0.210.760.470.590.830.75-0.030.580.850.340.040.560.280.760.840.280.00.39-0.01
0.380.120.140.30.380.04-0.36-0.090.370.230.060.41-0.030.13-0.030.070.930.170.040.380.12-0.790.940.660.94
0.660.91-0.440.290.18-0.01-0.240.130.650.490.790.70.580.130.49-0.240.210.98-0.010.680.57-0.050.180.570.18
0.790.74-0.040.510.670.6-0.10.690.340.720.690.720.85-0.030.490.46-0.070.560.60.780.830.28-0.020.44-0.02
0.350.160.140.140.670.47-0.080.71-0.040.380.240.340.340.07-0.240.460.07-0.220.470.350.440.160.070.30.05
0.380.18-0.070.110.39-0.14-0.43-0.050.420.180.150.460.040.930.21-0.070.070.19-0.140.40.15-0.860.970.670.96
0.710.9-0.30.450.220.14-0.220.110.640.560.750.710.560.170.980.56-0.220.190.140.710.59-0.060.20.60.2
0.530.250.290.530.571.0-0.050.460.080.750.220.360.280.04-0.010.60.47-0.140.140.450.50.17-0.010.21-0.01
0.990.86-0.240.40.840.45-0.550.640.760.780.830.990.760.380.680.780.350.40.710.450.85-0.180.440.730.43
0.840.83-0.130.420.740.5-0.330.790.570.730.770.850.840.120.570.830.440.150.590.50.850.210.10.440.08
-0.180.090.170.08-0.190.170.340.35-0.24-0.040.09-0.210.28-0.79-0.050.280.16-0.86-0.060.17-0.180.21-0.91-0.49-0.92
0.440.15-0.050.160.44-0.01-0.44-0.080.410.250.130.480.00.940.18-0.020.070.970.2-0.010.440.1-0.910.711.0
0.730.64-0.160.390.550.21-0.360.20.540.580.590.750.390.660.570.440.30.670.60.210.730.44-0.490.710.71
0.430.14-0.050.160.43-0.01-0.43-0.10.410.240.110.46-0.010.940.18-0.020.050.960.2-0.010.430.08-0.921.00.71
Click cells to compare fundamentals

Park Electrochemical Account Relationship Matchups

Park Electrochemical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets171.8M163.5M160.9M159.3M183.2M282.5M
Other Current Liab3.8M4.7M3.7M24.0M21.6M14.0M
Total Current Liabilities8.7M8.0M6.3M28.6M25.7M25.6M
Total Stockholder Equity141.7M135.9M135.6M115.9M133.3M191.8M
Property Plant And Equipment Net16.5M21.2M24.5M24.4M22.0M42.5M
Net Debt(121.9M)(116.4M)(110.1M)(105.3M)(94.7M)(99.5M)
Retained Earnings(21.8M)(25.1M)(24.8M)(42.7M)(38.4M)(36.5M)
Cash122.4M116.5M110.4M105.4M121.3M105.7M
Non Current Assets Total26.6M31.2M34.4M34.3M30.9M48.7M
Non Currrent Assets Other268K141K122K(1.9M)(2.2M)(2.1M)
Cash And Short Term Investments122.4M116.5M110.4M105.4M121.3M148.1M
Net Receivables10.9M7.6M8.3M10.0M9.0M8.5M
Common Stock Shares Outstanding20.6M20.5M20.6M20.5M23.6M20.4M
Liabilities And Stockholders Equity171.8M163.5M160.9M159.3M183.2M282.5M
Non Current Liabilities Total21.4M19.6M19.0M14.8M13.3M12.7M
Inventory6.4M4.8M4.7M6.8M6.1M11.5M
Other Current Assets5.5M3.4M3.1M2.8M2.6M2.4M
Other Stockholder Equity160.7M159.2M160.3M160.8M184.9M121.6M
Total Liab30.1M27.6M25.3M43.4M39.1M66.0M
Property Plant And Equipment Gross16.5M21.2M24.5M24.4M22.0M42.5M
Total Current Assets145.2M132.3M126.4M125.0M143.8M215.6M
Accumulated Other Comprehensive Income668K(336K)(2.0M)(4.2M)(4.9M)(5.1M)
Accounts Payable4.7M3.3M2.5M4.5M4.1M3.9M
Short Term Investments116.9M74.9M97.6M101.2M116.4M104.4M
Other Liab18.7M21.1M19.5M18.8M21.6M16.7M
Other Assets268K141K122K108K124.2K118.0K
Treasury Stock(14.9M)(9.9M)(9.2M)(10.8M)(12.4M)(13.0M)
Property Plant Equipment16.1M21.2M24.5M24.4M22.0M40.9M
Intangible Assets28K21K14K7K6.3K6.0K
Net Tangible Assets149.2M141.7M126.1M125.8M113.3M146.9M
Capital Surpluse169.9M170.0M169.7M169.9M195.4M183.3M
Non Current Liabilities Other20.6M4.4M4.5M1.8M2.0M1.9M

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When determining whether Park Electrochemical is a strong investment it is important to analyze Park Electrochemical's 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 Park Electrochemical's future performance. For an informed investment choice regarding Park Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park Electrochemical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For information on how to trade Park Stock refer to our How to Trade Park Stock guide.
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Is Park Electrochemical'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 Park Electrochemical. If investors know Park 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 Park Electrochemical 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
(0.46)
Dividend Share
0.475
Earnings Share
0.47
Revenue Per Share
2.613
Quarterly Revenue Growth
(0.16)
The market value of Park Electrochemical is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Electrochemical's value that differs from its market value or its book value, called intrinsic value, which is Park Electrochemical'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 Park Electrochemical's market value can be influenced by many factors that don't directly affect Park Electrochemical'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 Park Electrochemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Electrochemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Electrochemical'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.