Blue Common Stock Shares Outstanding vs Accounts Payable Analysis

BLBD Stock  USD 40.65  0.06  0.15%   
Blue Bird financial indicator trend analysis is way more than just evaluating Blue Bird Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Bird Corp is a good investment. Please check the relationship between Blue Bird Common Stock Shares Outstanding and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Bird Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Common Stock Shares Outstanding vs Accounts Payable

Common Stock Shares Outstanding vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Blue Bird Corp Common Stock Shares Outstanding account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Blue Bird's Common Stock Shares Outstanding and Accounts Payable is 0.71. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Blue Bird Corp, assuming nothing else is changed. The correlation between historical values of Blue Bird's Common Stock Shares Outstanding 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 Common Stock Shares Outstanding of Blue Bird Corp 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 Common Stock Shares Outstanding i.e., Blue Bird's Common Stock Shares Outstanding and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.71
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Blue Bird 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 Blue Bird Corp 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 Blue Bird's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Bird 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Bird Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, Blue Bird's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Revenue800.6M1.1B1.3B1.0B
Depreciation And Amortization15.2M17.1M14.8M12.3M

Blue Bird fundamental ratios Correlations

0.870.950.310.680.19-0.030.930.610.780.280.630.610.33-0.320.40.590.770.760.810.95-0.72-0.750.520.750.53
0.870.910.420.39-0.20.080.880.780.490.10.460.780.39-0.350.090.380.560.70.580.92-0.49-0.630.180.50.2
0.950.910.30.560.11-0.140.990.670.650.30.590.670.34-0.30.330.580.710.760.760.96-0.69-0.680.460.750.54
0.310.420.30.17-0.70.750.320.580.21-0.02-0.20.580.74-0.75-0.660.420.040.77-0.20.43-0.39-0.01-0.4-0.05-0.3
0.680.390.560.170.460.180.50.190.970.370.420.190.13-0.180.440.690.640.420.590.55-0.81-0.290.60.710.63
0.19-0.20.11-0.70.46-0.610.07-0.390.440.450.41-0.39-0.450.420.910.210.38-0.270.590.02-0.3-0.20.840.590.77
-0.030.08-0.140.750.18-0.61-0.140.160.13-0.15-0.530.160.34-0.38-0.660.16-0.110.27-0.480.0-0.060.24-0.55-0.39-0.5
0.930.880.990.320.50.07-0.140.650.590.260.560.650.34-0.290.270.580.690.770.720.95-0.65-0.680.40.710.51
0.610.780.670.580.19-0.390.160.650.330.220.371.00.77-0.77-0.060.150.420.740.430.69-0.5-0.410.150.43-0.12
0.780.490.650.210.970.440.130.590.330.440.490.330.26-0.30.490.670.680.530.690.65-0.86-0.40.660.780.62
0.280.10.3-0.020.370.45-0.150.260.220.44-0.070.220.28-0.180.490.340.340.240.350.29-0.620.050.580.630.4
0.630.460.59-0.20.420.41-0.530.560.370.49-0.070.370.08-0.170.570.180.540.310.830.51-0.42-0.670.660.670.53
0.610.780.670.580.19-0.390.160.651.00.330.220.370.77-0.77-0.060.150.420.740.430.69-0.5-0.410.150.43-0.12
0.330.390.340.740.13-0.450.340.340.770.260.280.080.77-0.91-0.320.260.040.690.060.46-0.530.02-0.020.28-0.26
-0.32-0.35-0.3-0.75-0.180.42-0.38-0.29-0.77-0.3-0.18-0.17-0.77-0.910.28-0.25-0.14-0.72-0.14-0.380.530.1-0.06-0.240.22
0.40.090.33-0.660.440.91-0.660.27-0.060.490.490.57-0.06-0.320.280.070.57-0.110.80.22-0.33-0.460.920.690.69
0.590.380.580.420.690.210.160.580.150.670.340.180.150.26-0.250.070.440.580.320.63-0.78-0.090.30.560.6
0.770.560.710.040.640.38-0.110.690.420.680.340.540.420.04-0.140.570.440.470.780.67-0.59-0.650.630.690.49
0.760.70.760.770.42-0.270.270.770.740.530.240.310.740.69-0.72-0.110.580.470.420.79-0.69-0.520.150.470.22
0.810.580.76-0.20.590.59-0.480.720.430.690.350.830.430.06-0.140.80.320.780.420.67-0.59-0.780.870.840.68
0.950.920.960.430.550.020.00.950.690.650.290.510.690.46-0.380.220.630.670.790.67-0.7-0.610.370.70.4
-0.72-0.49-0.69-0.39-0.81-0.3-0.06-0.65-0.5-0.86-0.62-0.42-0.5-0.530.53-0.33-0.78-0.59-0.69-0.59-0.70.23-0.61-0.86-0.59
-0.75-0.63-0.68-0.01-0.29-0.20.24-0.68-0.41-0.40.05-0.67-0.410.020.1-0.46-0.09-0.65-0.52-0.78-0.610.23-0.45-0.42-0.4
0.520.180.46-0.40.60.84-0.550.40.150.660.580.660.15-0.02-0.060.920.30.630.150.870.37-0.61-0.450.860.74
0.750.50.75-0.050.710.59-0.390.710.430.780.630.670.430.28-0.240.690.560.690.470.840.7-0.86-0.420.860.73
0.530.20.54-0.30.630.77-0.50.51-0.120.620.40.53-0.12-0.260.220.690.60.490.220.680.4-0.59-0.40.740.73
Click cells to compare fundamentals

Blue Bird Account Relationship Matchups

Blue Bird fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets317.4M356.0M366.1M417.8M524.9M338.5M
Other Current Liab33.3M28.5M27.1M64.0M77.4M41.7M
Total Current Liabilities111.6M124.8M164.8M229.6M236.0M152.6M
Total Stockholder Equity(53.2M)(32.7M)1.4M40.0M159.6M167.5M
Property Plant And Equipment Net110.4M111.0M102.3M96.1M97.7M74.6M
Net Debt136.8M203.6M161.9M52.9M(31.7M)(30.1M)
Retained Earnings(45.6M)(33.5M)(33.8M)(79.5M)(55.7M)0.0
Accounts Payable57.6M72.3M107.9M137.1M143.2M93.4M
Cash44.5M11.7M10.5M79.0M127.7M134.1M
Non Current Assets Total200.5M199.9M191.7M181.7M201.5M179.0M
Non Currrent Assets Other1.0M1.5M1.5M1.5M7.0M7.3M
Other Assets4.0M26.7M5.9M12.4M14.2M15.0M
Cash And Short Term Investments44.5M11.7M10.5M79.0M127.7M134.1M
Net Receivables7.6M10.0M12.5M12.6M59.1M62.1M
Non Current Liabilities Total259.0M263.9M200.0M148.1M92.8M88.1M
Inventory56.5M125.2M143.0M135.3M127.8M92.4M
Other Current Assets8.2M9.2M8.5M9.2M8.8M8.2M
Other Stockholder Equity38.6M45.9M122.8M127.6M186.0M195.3M
Total Liab370.6M388.7M364.7M377.8M365.3M351.4M
Total Current Assets116.9M156.1M174.5M236.1M323.4M168.9M
Intangible Assets51.6M49.4M47.4M45.4M43.6M44.3M
Short Long Term Debt Total181.3M215.3M172.3M131.9M96.0M149.6M
Common Stock Shares Outstanding27.1M27.1M31.0M32.3M33.3M26.1M
Liabilities And Stockholders Equity317.4M356.0M366.1M417.8M524.9M344.7M
Accumulated Other Comprehensive Income(58.4M)(44.8M)(41.9M)(31.9M)(26.4M)(27.7M)
Short Term Debt12.2M16.2M22.5M20.4M6.0M5.7M
Other Liab78.7M82.3M64.8M43.4M39.1M56.8M
Net Tangible Assets(67.8M)(53.2M)(32.7M)1.4M1.6M1.7M
Current Deferred Revenue8.5M7.8M7.2M8.1M9.4M7.4M
Long Term Debt164.2M194.6M150.4M110.5M90.0M122.7M
Retained Earnings Total Equity(45.6M)(33.5M)(33.8M)(79.5M)(71.6M)(75.1M)
Capital Surpluse84.3M88.9M96.2M173.1M199.1M209.0M
Deferred Long Term Liab15.6M14.3M16.0M11.6M13.3M12.3M
Long Term Investments14.3M14.8M10.7M17.6M32.1M33.7M

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When determining whether Blue Bird Corp is a strong investment it is important to analyze Blue Bird'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 Blue Bird's future performance. For an informed investment choice regarding Blue Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Bird Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Construction Machinery & Heavy Transportation Equipment space 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 Blue Bird. If investors know Blue 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 Blue Bird 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
1.931
Earnings Share
3.16
Revenue Per Share
40.348
Quarterly Revenue Growth
0.133
Return On Assets
0.2078
The market value of Blue Bird Corp is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Bird's value that differs from its market value or its book value, called intrinsic value, which is Blue Bird'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 Blue Bird's market value can be influenced by many factors that don't directly affect Blue Bird'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 Blue Bird's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Bird is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Bird'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.