Plby Property Plant Equipment vs Accounts Payable Analysis

PLBY Stock  USD 1.65  0.02  1.20%   
Plby financial indicator trend analysis is much more than just breaking down Plby Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Plby Group is a good investment. Please check the relationship between Plby Property Plant Equipment and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Plby Group. 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.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Plby Group Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Plby's Property Plant Equipment and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Plby Group, assuming nothing else is changed. The correlation between historical values of Plby's Property Plant Equipment 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 Property Plant Equipment of Plby Group 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 Property Plant Equipment i.e., Plby's Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Plby 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 Plby Group 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 Plby's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Plby Group 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 Plby Group. 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 this time, Plby's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.91 in 2024, whereas Selling General Administrative is likely to drop slightly above 63.1 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization13.8M18.2M12.8M11.0M
Other Operating Expenses316.2M290.1M333.3M197.0M

Plby fundamental ratios Correlations

0.010.23-0.72-0.950.50.480.640.460.710.4-0.560.550.430.640.090.620.60.660.060.41-0.170.060.330.010.82
0.010.79-0.050.00.40.530.680.480.570.58-0.040.40.470.350.640.540.290.320.490.470.460.490.58-0.040.14
0.230.79-0.01-0.340.70.870.740.60.440.75-0.150.660.730.640.780.720.560.590.70.730.680.70.790.070.45
-0.72-0.05-0.010.620.02-0.3-0.30.09-0.520.080.09-0.10.14-0.110.35-0.18-0.07-0.150.30.170.560.30.160.3-0.45
-0.950.0-0.340.62-0.64-0.58-0.67-0.54-0.65-0.50.61-0.68-0.56-0.75-0.23-0.7-0.71-0.77-0.19-0.54-0.01-0.19-0.46-0.08-0.91
0.50.40.70.02-0.640.570.830.920.520.95-0.780.990.940.920.880.950.840.880.770.940.750.770.950.150.82
0.480.530.87-0.3-0.580.570.620.410.450.52-0.020.550.610.640.480.60.610.630.380.610.360.380.550.20.59
0.640.680.74-0.3-0.670.830.620.880.870.89-0.660.840.830.840.730.960.760.820.60.820.450.60.850.040.74
0.460.480.60.09-0.540.920.410.880.680.95-0.820.90.950.90.870.930.840.870.680.940.650.680.920.240.71
0.710.570.44-0.52-0.650.520.450.870.680.59-0.520.570.580.680.390.730.660.70.150.560.00.150.50.160.64
0.40.580.750.08-0.50.950.520.890.950.59-0.740.930.920.840.920.960.730.780.860.910.780.860.990.020.66
-0.56-0.04-0.150.090.61-0.78-0.02-0.66-0.82-0.52-0.74-0.81-0.66-0.71-0.56-0.78-0.63-0.69-0.52-0.65-0.4-0.52-0.680.02-0.71
0.550.40.66-0.1-0.680.990.550.840.90.570.93-0.810.90.910.830.960.820.880.730.890.680.730.910.090.86
0.430.470.730.14-0.560.940.610.830.950.580.92-0.660.90.950.90.90.920.920.671.00.720.670.920.40.74
0.640.350.64-0.11-0.750.920.640.840.90.680.84-0.710.910.950.760.910.981.00.50.940.520.50.820.430.9
0.090.640.780.35-0.230.880.480.730.870.390.92-0.560.830.90.760.820.690.70.830.910.910.830.940.210.49
0.620.540.72-0.18-0.70.950.60.960.930.730.96-0.780.960.90.910.820.810.870.720.890.60.720.930.040.82
0.60.290.56-0.07-0.710.840.610.760.840.660.73-0.630.820.920.980.690.810.990.350.910.430.350.710.60.86
0.660.320.59-0.15-0.770.880.630.820.870.70.78-0.690.880.921.00.70.870.990.410.920.450.410.760.480.91
0.060.490.70.3-0.190.770.380.60.680.150.86-0.520.730.670.50.830.720.350.410.670.91.00.9-0.290.32
0.410.470.730.17-0.540.940.610.820.940.560.91-0.650.891.00.940.910.890.910.920.670.730.670.920.410.72
-0.170.460.680.56-0.010.750.360.450.650.00.78-0.40.680.720.520.910.60.430.450.90.730.90.840.050.27
0.060.490.70.3-0.190.770.380.60.680.150.86-0.520.730.670.50.830.720.350.411.00.670.90.9-0.290.32
0.330.580.790.16-0.460.950.550.850.920.50.99-0.680.910.920.820.940.930.710.760.90.920.840.90.040.62
0.01-0.040.070.3-0.080.150.20.040.240.160.020.020.090.40.430.210.040.60.48-0.290.410.05-0.290.040.24
0.820.140.45-0.45-0.910.820.590.740.710.640.66-0.710.860.740.90.490.820.860.910.320.720.270.320.620.24
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Plby Account Relationship Matchups

Plby fundamental ratios Accounts

201920202021202220232024 (projected)
Net Tangible Assets(254.2M)(256.5M)(257.2M)155.0M178.3M187.2M
Other Current Liab225.022.6M58.3M65.4M12.5M11.9M
Total Current Liabilities100.7K54.0M117.8M82.9M58.9M67.7M
Other Liab114.6M121.1M133.8M47.6M42.8M80.8M
Retained Earnings(492.0)(78.0M)(155.7M)(433.4M)(613.8M)(583.1M)
Accounts Payable7.9M8.7M20.6M13.6M14.5M13.2M
Other Assets(53.8M)20.2M42.3M31.3M36.0M37.8M
Net Receivables6.8M7.8M14.2M16.8M10.7M11.8M
Inventory11.8M11.8M39.9M33.1M13M20.1M
Other Current Assets7.6M14.1M15.6M48.1M17.9M20.8M
Total Current Assets53.8M47.2M138.9M103.0M69.7M84.5M
Property Plant Equipment5.9M5.2M26.4M17.4M20.0M12.9M

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