CytomX Net Receivables vs Accounts Payable Analysis

CTMX Stock  USD 1.04  0.05  4.59%   
CytomX Therapeutics financial indicator trend analysis is way more than just evaluating CytomX Therapeutics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CytomX Therapeutics is a good investment. Please check the relationship between CytomX Therapeutics Net Receivables and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CytomX Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy CytomX Stock please use our How to Invest in CytomX Therapeutics guide.

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CytomX Therapeutics Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have no relationship.
The correlation between CytomX Therapeutics' Net Receivables and Accounts Payable is 0.05. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of CytomX Therapeutics, assuming nothing else is changed. The correlation between historical values of CytomX Therapeutics' Net Receivables 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 Net Receivables of CytomX Therapeutics 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 Net Receivables i.e., CytomX Therapeutics' Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents CytomX Therapeutics 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 CytomX Therapeutics 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 CytomX Therapeutics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CytomX Therapeutics 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 CytomX Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy CytomX Stock please use our How to Invest in CytomX Therapeutics guide.Tax Provision is likely to rise to about 3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 28.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit69.6M53.2M99.0M53.9M
Total Revenue69.6M53.2M101.2M54.2M

CytomX Therapeutics fundamental ratios Correlations

0.880.890.70.650.90.60.56-0.84-0.60.670.850.63-0.170.381.00.19-0.12-0.120.330.90.86-0.880.90.440.89
0.880.690.520.780.730.490.38-0.73-0.440.870.730.550.00.410.870.15-0.01-0.010.070.850.63-0.930.790.330.65
0.890.690.860.410.820.80.71-0.77-0.790.430.810.81-0.330.260.850.31-0.15-0.150.650.730.75-0.80.90.70.89
0.70.520.860.090.810.740.9-0.52-0.940.210.570.75-0.440.250.640.5-0.32-0.320.840.690.6-0.750.830.820.86
0.650.780.410.090.360.15-0.12-0.630.050.780.590.190.10.260.7-0.330.280.28-0.290.610.31-0.60.43-0.10.24
0.90.730.820.810.360.550.69-0.7-0.690.490.710.59-0.120.310.890.35-0.22-0.220.510.910.88-0.810.870.480.95
0.60.490.80.740.150.550.64-0.49-0.740.150.570.99-0.390.510.530.21-0.14-0.140.620.40.52-0.60.690.830.68
0.560.380.710.9-0.120.690.64-0.22-0.980.080.280.66-0.380.180.50.49-0.68-0.680.790.590.49-0.670.690.890.74
-0.84-0.73-0.77-0.52-0.63-0.7-0.49-0.220.32-0.64-1.0-0.50.26-0.35-0.83-0.28-0.38-0.38-0.23-0.63-0.80.63-0.77-0.17-0.76
-0.6-0.44-0.79-0.940.05-0.69-0.74-0.980.32-0.13-0.38-0.760.43-0.19-0.54-0.50.570.57-0.82-0.59-0.50.72-0.73-0.94-0.76
0.670.870.430.210.780.490.150.08-0.64-0.130.610.220.280.180.690.050.120.12-0.180.630.45-0.730.580.010.39
0.850.730.810.570.590.710.570.28-1.0-0.380.610.58-0.30.390.830.290.350.350.290.630.81-0.650.80.250.79
0.630.550.810.750.190.590.990.66-0.5-0.760.220.58-0.340.520.580.18-0.17-0.170.620.450.54-0.650.720.830.7
-0.170.0-0.33-0.440.1-0.12-0.39-0.380.260.430.28-0.3-0.34-0.38-0.13-0.41-0.05-0.05-0.43-0.07-0.150.15-0.2-0.46-0.3
0.380.410.260.250.260.310.510.18-0.35-0.190.180.390.52-0.380.37-0.10.110.110.070.250.36-0.310.390.250.35
1.00.870.850.640.70.890.530.5-0.83-0.540.690.830.58-0.130.370.12-0.11-0.110.270.910.85-0.860.870.380.85
0.190.150.310.5-0.330.350.210.49-0.28-0.50.050.290.18-0.41-0.10.12-0.03-0.030.420.20.36-0.290.350.350.47
-0.12-0.01-0.15-0.320.28-0.22-0.14-0.68-0.380.570.120.35-0.17-0.050.11-0.11-0.031.0-0.34-0.24-0.050.26-0.16-0.55-0.18
-0.12-0.01-0.15-0.320.28-0.22-0.14-0.68-0.380.570.120.35-0.17-0.050.11-0.11-0.031.0-0.34-0.24-0.050.26-0.16-0.55-0.18
0.330.070.650.84-0.290.510.620.79-0.23-0.82-0.180.290.62-0.430.070.270.42-0.34-0.340.290.34-0.360.490.770.62
0.90.850.730.690.610.910.40.59-0.63-0.590.630.630.45-0.070.250.910.2-0.24-0.240.290.71-0.890.80.390.78
0.860.630.750.60.310.880.520.49-0.8-0.50.450.810.54-0.150.360.850.36-0.05-0.050.340.71-0.610.790.310.93
-0.88-0.93-0.8-0.75-0.6-0.81-0.6-0.670.630.72-0.73-0.65-0.650.15-0.31-0.86-0.290.260.26-0.36-0.89-0.61-0.84-0.61-0.75
0.90.790.90.830.430.870.690.69-0.77-0.730.580.80.72-0.20.390.870.35-0.16-0.160.490.80.79-0.840.580.9
0.440.330.70.82-0.10.480.830.89-0.17-0.940.010.250.83-0.460.250.380.35-0.55-0.550.770.390.31-0.610.580.59
0.890.650.890.860.240.950.680.74-0.76-0.760.390.790.7-0.30.350.850.47-0.18-0.180.620.780.93-0.750.90.59
Click cells to compare fundamentals

CytomX Therapeutics Account Relationship Matchups

CytomX Therapeutics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets341.3M358.7M339.4M260.9M205.2M284.4M
Other Current Liab27.2M19.9M30.6M24.5M17.6M17.9M
Total Current Liabilities85.6M100.9M106.3M152.6M155.9M82.7M
Total Stockholder Equity51.1M49.8M89.4M(85.8M)(47.4M)(45.1M)
Other Liab179.7M186.3M125.7M180.1M207.1M151.2M
Property Plant And Equipment Net32.8M29.4M25.3M21.0M16.2M14.9M
Current Deferred Revenue51.4M74.9M69.3M121.3M132.3M138.9M
Net Debt(163.6M)(167.0M)(187.5M)(175.6M)(3.2M)(3.4M)
Retained Earnings(417.2M)(450.1M)(533.7M)(722.9M)(723.4M)(687.3M)
Accounts Payable4.2M3.0M2.8M2.8M1.5M2.7M
Cash188.4M191.9M205.5M193.7M17.2M16.3M
Non Current Assets Total37.9M34.7M29.1M23.8M22.2M19.8M
Non Currrent Assets Other2.9M(3.4M)(3.7M)(3.6M)83K87.2K
Other Assets2.9M25.6M1.8M944K1.1M1.0M
Cash And Short Term Investments296.1M316.1M305.2M193.7M174.5M253.8M
Net Receivables13K798K790K36.0M3.4M5.6M
Common Stock Shares Outstanding45.3M46.1M64.1M65.7M73.8M48.9M
Short Term Investments188.6M107.7M124.3M99.7M157.3M117.8M
Liabilities And Stockholders Equity341.3M358.7M339.4M260.9M205.2M284.4M
Non Current Liabilities Total204.6M207.9M143.7M194.0M96.7M167.7M
Other Current Assets7.2M7.1M4.3M7.5M5.0M5.2M
Other Stockholder Equity468.3M500.0M623.3M637.1M675.9M709.7M
Total Liab290.2M308.9M250.0M346.6M252.6M250.4M
Property Plant And Equipment Gross32.8M29.4M25.3M21.0M30.9M16.4M
Total Current Assets303.3M324.0M310.3M237.1M182.9M264.6M
Accumulated Other Comprehensive Income57K(47K)(242K)10K95K99.8K
Short Term Debt2.8M3.2M3.6M4.1M4.6M4.7M
Intangible Assets1.3M1.2M1.0M875K729K1.1M
Property Plant Equipment6.9M32.8M7.0M6.0M6.9M8.3M
Net Tangible Assets48.9M47.7M87.4M(2.4M)(2.8M)(2.7M)
Retained Earnings Total Equity(417.2M)(450.1M)(533.7M)(623.6M)(561.2M)(533.1M)
Capital Surpluse446.0M468.3M500.0M623.3M716.8M474.2M
Non Current Liabilities Other850K207.9M143.7M262M3.9M3.7M
Net Invested Capital51.1M49.8M89.4M(85.8M)(47.4M)(45.1M)
Net Working Capital217.7M223.1M204.0M84.5M27.0M25.7M

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