Freshpet Payables Turnover vs Average Inventory Analysis
FRPT Stock | USD 105.69 0.38 0.36% |
Freshpet financial indicator trend analysis is much more than just examining Freshpet latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Freshpet is a good investment. Please check the relationship between Freshpet Payables Turnover and its Average Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshpet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Freshpet Stock please use our How to Invest in Freshpet guide.
Payables Turnover vs Average Inventory
Payables Turnover vs Average Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Freshpet Payables Turnover account and Average Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between Freshpet's Payables Turnover and Average Inventory is 0.31. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Freshpet, assuming nothing else is changed. The correlation between historical values of Freshpet's Payables Turnover and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Freshpet are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Payables Turnover i.e., Freshpet's Payables Turnover and Average Inventory go up and down completely randomly.
Correlation Coefficient | 0.31 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most indicators from Freshpet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Freshpet 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshpet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Freshpet Stock please use our How to Invest in Freshpet guide.At this time, Freshpet's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 157.14 in 2024, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.9M | 5.2M | 14.1M | 14.8M | Depreciation And Amortization | 30.5M | 36.3M | 58.5M | 61.4M |
Freshpet fundamental ratios Correlations
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Freshpet Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Freshpet fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 236.1M | 434.4M | 784.4M | 1.1B | 1.5B | 1.5B | |
Other Current Liab | 22.1M | 15.4M | 15.0M | 33.0M | 49.8M | 52.3M | |
Total Current Liabilities | 42.0M | 33.1M | 58.9M | 89.6M | 89.2M | 93.7M | |
Total Stockholder Equity | 131.3M | 394.2M | 719.8M | 1.0B | 953.5M | 1.0B | |
Property Plant And Equipment Net | 174.4M | 288.9M | 594.6M | 809.6M | 984.7M | 1.0B | |
Net Debt | 54.6M | (58.9M) | (65.7M) | (127.0M) | 128.2M | 134.6M | |
Retained Earnings | (202.7M) | (205.9M) | (235.6M) | (295.1M) | (328.7M) | (345.2M) | |
Accounts Payable | 18.7M | 16.5M | 42.6M | 55.1M | 36.1M | 20.3M | |
Cash | 9.5M | 67.2M | 72.8M | 132.7M | 296.9M | 311.7M | |
Non Current Assets Total | 181.8M | 325.3M | 634.1M | 863.4M | 1.0B | 1.1B | |
Non Currrent Assets Other | 7.4M | 8.5M | 13.7M | 28.4M | 28.9M | 30.3M | |
Other Assets | 7.4M | 44.2M | 17.8M | 1K | 1.2K | 1.1K | |
Cash And Short Term Investments | 9.5M | 67.2M | 72.8M | 132.7M | 296.9M | 311.7M | |
Net Receivables | 18.6M | 18.4M | 34.8M | 57.6M | 56.8M | 59.6M | |
Common Stock Total Equity | 35.6K | 36.2K | 41K | 43K | 49.5K | 34.4K | |
Common Stock Shares Outstanding | 36.0M | 39.8M | 42.9M | 46.2M | 48.2M | 37.2M | |
Liabilities And Stockholders Equity | 236.1M | 434.4M | 784.4M | 1.1B | 1.5B | 1.5B | |
Non Current Liabilities Total | 62.9M | 7.1M | 5.7M | 4.2M | 421.7M | 442.8M | |
Inventory | 12.5M | 19.1M | 35.6M | 58.3M | 63.2M | 66.4M | |
Other Current Assets | 10.5M | 914K | 1.3M | 3.6M | 10.5M | 11.0M | |
Other Stockholder Equity | 334.0M | 600.1M | 955.5M | 1.3B | 1.3B | 1.3B | |
Total Liab | 104.9M | 40.2M | 64.7M | 93.8M | 511.0M | 536.5M | |
Property Plant And Equipment Gross | 174.4M | 288.9M | 583.9M | 809.6M | 1.2B | 1.2B | |
Total Current Assets | 54.3M | 109.1M | 150.3M | 262.0M | 427.3M | 448.7M | |
Accumulated Other Comprehensive Income | (79.2K) | (80K) | (120K) | 1.4M | (591K) | (620.6K) | |
Common Stock | 36.2K | 41K | 43K | 48K | 55.2K | 37.5K | |
Property Plant Equipment | 174.4M | 281.1M | 590.5M | 805.8M | 926.6M | 972.9M | |
Net Tangible Assets | 131.3M | 394.2M | 719.8M | 1.0B | 1.2B | 1.2B | |
Retained Earnings Total Equity | (196.0M) | (201.4M) | (205.9M) | (235.6M) | (212.1M) | (222.7M) | |
Capital Surpluse | 323.1M | 334.3M | 600.4M | 955.7M | 1.1B | 1.2B | |
Net Invested Capital | 185.7M | 394.2M | 719.8M | 1.0B | 1.3B | 1.4B | |
Net Working Capital | 12.3M | 76.0M | 91.4M | 172.4M | 338.1M | 355.0M |
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freshpet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Freshpet Stock please use our How to Invest in Freshpet guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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Is Freshpet'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 Freshpet. If investors know Freshpet 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 Freshpet 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 0.093 | Earnings Share (0.70) | Revenue Per Share 15.923 | Quarterly Revenue Growth 0.299 | Return On Assets (0.01) |
The market value of Freshpet is measured differently than its book value, which is the value of Freshpet that is recorded on the company's balance sheet. Investors also form their own opinion of Freshpet's value that differs from its market value or its book value, called intrinsic value, which is Freshpet'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 Freshpet's market value can be influenced by many factors that don't directly affect Freshpet'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 Freshpet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freshpet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freshpet'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.