REX Accounts Payable vs Net Working Capital Analysis

REX Stock

USD 57.04 0.82 1.46%

REX American financial indicator trend analysis is much more than just breaking down REX American Resources prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether REX American Resources is a good investment. Please check the relationship between REX American Accounts Payable and its Net Working Capital accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in REX American Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Accounts Payable vs Net Working Capital

Accounts Payable vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of REX American Resources Accounts Payable account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between REX American's Accounts Payable and Net Working Capital is 0.92. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of REX American Resources, assuming nothing else is changed. The correlation between historical values of REX American's Accounts Payable and Net Working Capital 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 REX American Resources are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Accounts Payable i.e., REX American's Accounts Payable and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents REX American 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 REX American Resources 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.

Net Working Capital

Most indicators from REX American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into REX American Resources 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 REX American Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

At this time, REX American's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 23.7 M in 2024, whereas Discontinued Operations is likely to drop slightly above 2.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	97.6M	54.7M	83.2M	60.1M
Total Revenue	774.8M	855M	833.4M	441.1M

Gross Profit Total Revenue

REX American 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	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	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	Short Term Debt	Accounts Payable	Other Liab	Other Assets	Common Stock Total Equity
Total Assets		-0.11	-0.06	0.54	0.74	0.54	-0.41	0.77	0.49	0.55	0.45	0.57	0.64	-0.88	-0.09	-0.07	0.75	-0.63	0.03	0.4	0.58	-0.24	0.39	-0.22	0.42	0.85
Short Long Term Debt Total	-0.11		-0.09	0.01	-0.44	0.55	0.8	-0.46	-0.53	0.56	-0.17	-0.53	-0.37	-0.02	0.94	-0.19	-0.44	0.4	0.86	0.07	-0.52	0.85	-0.46	-0.3	-0.4	0.09
Other Current Liab	-0.06	-0.09		0.38	-0.04	-0.36	-0.01	-0.11	-0.04	-0.4	-0.33	0.19	0.02	0.36	-0.14	0.16	0.11	0.12	0.03	0.12	0.19	-0.05	0.31	0.23	0.11	-0.26
Total Current Liabilities	0.54	0.01	0.38		0.46	-0.11	-0.04	0.39	0.14	-0.06	0.28	0.57	0.65	-0.17	-0.14	0.54	0.71	-0.65	0.26	0.4	0.63	0.29	0.77	-0.43	0.71	0.27
Total Stockholder Equity	0.74	-0.44	-0.04	0.46		0.21	-0.71	0.98	0.79	0.21	0.27	0.93	0.85	-0.68	-0.45	0.28	0.79	-0.79	-0.09	0.68	0.93	-0.38	0.74	-0.22	0.49	0.75
Property Plant And Equipment Net	0.54	0.55	-0.36	-0.11	0.21		0.11	0.25	0.11	0.98	0.07	-0.09	0.0	-0.78	0.66	-0.53	-0.03	0.04	0.51	0.33	-0.12	0.14	-0.35	-0.1	-0.35	0.78
Net Debt	-0.41	0.8	-0.01	-0.04	-0.71	0.11		-0.73	-0.92	0.16	-0.1	-0.71	-0.54	0.37	0.73	0.01	-0.54	0.49	0.59	-0.31	-0.67	0.8	-0.47	-0.24	-0.32	-0.36
Retained Earnings	0.77	-0.46	-0.11	0.39	0.98	0.25	-0.73		0.79	0.23	0.37	0.89	0.86	-0.74	-0.46	0.24	0.81	-0.81	-0.15	0.59	0.89	-0.44	0.67	-0.13	0.51	0.77
Cash	0.49	-0.53	-0.04	0.14	0.79	0.11	-0.92	0.79		0.06	0.04	0.75	0.62	-0.49	-0.48	0.0	0.54	-0.53	-0.26	0.55	0.71	-0.54	0.5	0.08	0.28	0.55
Non Current Assets Total	0.55	0.56	-0.4	-0.06	0.21	0.98	0.16	0.23	0.06		0.13	-0.1	0.02	-0.77	0.67	-0.48	-0.03	0.02	0.55	0.3	-0.13	0.18	-0.32	-0.21	-0.32	0.77
Non Currrent Assets Other	0.45	-0.17	-0.33	0.28	0.27	0.07	-0.1	0.37	0.04	0.13		0.12	0.49	-0.43	-0.22	0.43	0.53	-0.64	-0.22	-0.35	0.21	-0.07	0.19	-0.24	0.69	0.22
Cash And Short Term Investments	0.57	-0.53	0.19	0.57	0.93	-0.09	-0.71	0.89	0.75	-0.1	0.12		0.84	-0.41	-0.58	0.43	0.79	-0.77	-0.13	0.69	0.99	-0.35	0.89	-0.15	0.56	0.53
Net Receivables	0.64	-0.37	0.02	0.65	0.85	0.0	-0.54	0.86	0.62	0.02	0.49	0.84		-0.51	-0.46	0.54	0.87	-0.89	-0.05	0.5	0.89	-0.16	0.83	-0.28	0.73	0.55
Common Stock Shares Outstanding	-0.88	-0.02	0.36	-0.17	-0.68	-0.78	0.37	-0.74	-0.49	-0.77	-0.43	-0.41	-0.51		-0.11	0.24	-0.5	0.49	-0.12	-0.38	-0.4	0.24	-0.12	0.1	-0.14	-0.95
Non Current Liabilities Total	-0.09	0.94	-0.14	-0.14	-0.45	0.66	0.73	-0.46	-0.48	0.67	-0.22	-0.58	-0.46	-0.11		-0.4	-0.55	0.49	0.84	0.05	-0.59	0.68	-0.57	-0.11	-0.57	0.16
Inventory	-0.07	-0.19	0.16	0.54	0.28	-0.53	0.01	0.24	0.0	-0.48	0.43	0.43	0.54	0.24	-0.4		0.46	-0.62	0.02	0.08	0.51	0.26	0.7	-0.4	0.74	-0.2
Other Current Assets	0.75	-0.44	0.11	0.71	0.79	-0.03	-0.54	0.81	0.54	-0.03	0.53	0.79	0.87	-0.5	-0.55	0.46		-0.89	-0.23	0.37	0.84	-0.27	0.76	-0.27	0.84	0.5
Other Stockholder Equity	-0.63	0.4	0.12	-0.65	-0.79	0.04	0.49	-0.81	-0.53	0.02	-0.64	-0.77	-0.89	0.49	0.49	-0.62	-0.89		0.13	-0.37	-0.82	0.15	-0.8	0.28	-0.85	-0.49
Total Liab	0.03	0.86	0.03	0.26	-0.09	0.51	0.59	-0.15	-0.26	0.55	-0.22	-0.13	-0.05	-0.12	0.84	0.02	-0.23	0.13		0.45	-0.13	0.79	-0.05	-0.32	-0.26	0.3
Property Plant And Equipment Gross	0.4	0.07	0.12	0.4	0.68	0.33	-0.31	0.59	0.55	0.3	-0.35	0.69	0.5	-0.38	0.05	0.08	0.37	-0.37	0.45		0.64	0.09	0.55	-0.24	0.05	0.65
Total Current Assets	0.58	-0.52	0.19	0.63	0.93	-0.12	-0.67	0.89	0.71	-0.13	0.21	0.99	0.89	-0.4	-0.59	0.51	0.84	-0.82	-0.13	0.64		-0.3	0.92	-0.2	0.65	0.5
Short Term Debt	-0.24	0.85	-0.05	0.29	-0.38	0.14	0.8	-0.44	-0.54	0.18	-0.07	-0.35	-0.16	0.24	0.68	0.26	-0.27	0.15	0.79	0.09	-0.3		-0.1	-0.51	-0.04	-0.13
Accounts Payable	0.39	-0.46	0.31	0.77	0.74	-0.35	-0.47	0.67	0.5	-0.32	0.19	0.89	0.83	-0.12	-0.57	0.7	0.76	-0.8	-0.05	0.55	0.92	-0.1		-0.28	0.72	0.25
Other Liab	-0.22	-0.3	0.23	-0.43	-0.22	-0.1	-0.24	-0.13	0.08	-0.21	-0.24	-0.15	-0.28	0.1	-0.11	-0.4	-0.27	0.28	-0.32	-0.24	-0.2	-0.51	-0.28		-0.33	-0.18
Other Assets	0.42	-0.4	0.11	0.71	0.49	-0.35	-0.32	0.51	0.28	-0.32	0.69	0.56	0.73	-0.14	-0.57	0.74	0.84	-0.85	-0.26	0.05	0.65	-0.04	0.72	-0.33		0.09
Common Stock Total Equity	0.85	0.09	-0.26	0.27	0.75	0.78	-0.36	0.77	0.55	0.77	0.22	0.53	0.55	-0.95	0.16	-0.2	0.5	-0.49	0.3	0.65	0.5	-0.13	0.25	-0.18	0.09

Click cells to compare fundamentals

REX American Account Relationship Matchups

REX American fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	500.5M	479.3M	550.4M	579.6M	664.8M	354.3M
Other Current Liab	891K	2.4M	13.6M	15.3M	19.7M	12.1M
Total Current Liabilities	31.6M	30.7M	50.5M	54.6M	66.3M	36.1M
Total Stockholder Equity	401.0M	384.8M	430.8M	448.0M	513.9M	539.6M
Property Plant And Equipment Net	179.5M	165.9M	148.8M	150.7M	168.6M	137.0M
Net Debt	(164.0M)	(132.2M)	(218.9M)	(54.6M)	(212.7M)	(202.1M)
Retained Earnings	587.0M	590.0M	642.4M	640.8M	701.8M	736.8M
Cash	179.7M	144.5M	229.8M	69.6M	225.5M	236.8M
Non Current Assets Total	229.4M	220.6M	205.2M	206.9M	212.7M	174.0M
Non Currrent Assets Other	17.4M	25.3M	25.9M	23.2M	1.3M	1.2M
Cash And Short Term Investments	205.7M	180.7M	255.7M	280.9M	380.8M	399.8M
Net Receivables	19.0M	25.7M	32.5M	28.1M	28.9M	30.4M
Common Stock Shares Outstanding	19.0M	18.5M	17.9M	17.6M	17.6M	33.5M
Liabilities And Stockholders Equity	500.5M	479.3M	550.4M	579.6M	664.8M	354.3M
Non Current Liabilities Total	15.3M	11.4M	12.3M	14.0M	10.9M	10.4M
Inventory	35.6M	37.9M	42.2M	48.7M	27.0M	51.1M
Other Current Assets	9.7M	12.8M	12.5M	13.1M	15.4M	9.5M
Other Stockholder Equity	(186.3M)	(205.5M)	(211.9M)	(193.1M)	(188.1M)	(178.7M)
Total Liab	46.9M	42.2M	62.8M	68.6M	77.2M	104.7M
Property Plant And Equipment Gross	179.5M	165.9M	148.8M	150.7M	413.9M	434.6M
Total Current Assets	271.1M	258.8M	345.2M	372.6M	452.1M	474.7M
Short Term Debt	4.9M	4.9M	4.6M	5.2M	4.5M	6.8M
Accounts Payable	18.9M	16.9M	32.3M	34.1M	42.1M	44.2M
Other Liab	9.1M	4.6M	4.0M	5.9M	5.3M	5.1M
Other Assets	17.4M	25.3M	25.9M	23.2M	20.9M	13.4M
Treasury Stock	(335.2M)	(335.1M)	(354.6M)	(361.2M)	(325.1M)	(341.3M)
Property Plant Equipment	163.3M	165.9M	137.6M	150.7M	173.3M	185.7M
Net Tangible Assets	392.9M	401.0M	384.8M	430.8M	495.4M	387.7M
Noncontrolling Interest In Consolidated Entity	52.3M	52.6M	52.4M	56.8M	65.3M	46.1M
Retained Earnings Total Equity	579.6M	587.0M	590.0M	642.4M	738.7M	505.7M
Short Term Investments	26.1M	36.2M	25.9M	211.3M	155.3M	163.0M
Capital Surpluse	148.8M	149.1M	149.3M	578K	520.2K	494.2K
Deferred Long Term Liab	4.2M	4.3M	3.7M	3.1M	2.8M	2.7M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards REX American in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, REX American's short interest history, or implied volatility extrapolated from REX American options trading.

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

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Is REX Stock a good investment?

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What is REX American's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in REX American Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Note that the REX American Resources information on this page should be used as a complementary analysis to other REX American'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

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

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Is REX American'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 REX American. If investors know REX 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 REX American 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

1.494

Earnings Share

3.47

Revenue Per Share

47.671

Quarterly Revenue Growth

(0.06)

Return On Assets

0.0692

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

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REX Accounts Payable vs Net Working Capital Analysis

Accounts Payable vs Net Working Capital

Accounts Payable vs Net Working Capital Correlation Analysis

Correlation Coefficient

Accounts Payable

Net Working Capital

REX American fundamental ratios Correlations

REX American Account Relationship Matchups

High Positive Relationship

High Negative Relationship

REX American fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Current Assets	+ 0.99	Cash And Short Term Investments
Retained Earnings	+ 0.98	Total Stockholder Equity
Non Current Assets Total	+ 0.98	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.94	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.93	Total Stockholder Equity
Total Current Assets	+ 0.93	Total Stockholder Equity

Common Stock Total Equity	- 0.95	Common Stock Shares Outstanding
Cash	- 0.92	Net Debt
Other Stockholder Equity	- 0.89	Other Current Assets
Other Stockholder Equity	- 0.89	Net Receivables
Common Stock Shares Outstanding	- 0.88	Total Assets
Other Assets	- 0.85	Other Stockholder Equity