Arvind Change To Inventory vs Other Non Cash Items Analysis

ARVINDFASN   522.75  8.95  1.68%   
Arvind Fashions financial indicator trend analysis is way more than just evaluating Arvind Fashions prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arvind Fashions is a good investment. Please check the relationship between Arvind Fashions Change To Inventory and its Other Non Cash Items accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arvind Fashions Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Change To Inventory vs Other Non Cash Items

Change To Inventory vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arvind Fashions Change To Inventory account and Other Non Cash Items. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Arvind Fashions' Change To Inventory and Other Non Cash Items is -0.14. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of Arvind Fashions Limited, assuming nothing else is changed. The correlation between historical values of Arvind Fashions' Change To Inventory and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Arvind Fashions Limited are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Inventory i.e., Arvind Fashions' Change To Inventory and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Other Non Cash Items

Most indicators from Arvind Fashions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arvind Fashions 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 Arvind Fashions Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The Arvind Fashions' current Tax Provision is estimated to increase to about 601.1 M, while Selling General Administrative is projected to decrease to roughly 735.3 M.
 2021 2022 2023 2024 (projected)
Gross Profit12.0B21.3B17.2B15.1B
Total Revenue30.5B44.2B42.5B34.2B

Arvind Fashions fundamental ratios Correlations

0.40.990.90.460.980.510.69-0.360.830.970.80.920.99-0.25-0.790.710.990.970.40.85-0.220.930.910.50.54
0.40.40.130.080.340.090.620.240.240.390.680.360.47-0.13-0.160.50.350.450.420.33-0.180.560.570.050.21
0.990.40.880.430.990.430.71-0.290.840.970.750.870.99-0.21-0.770.750.990.980.460.79-0.20.920.920.430.45
0.90.130.880.70.920.540.44-0.520.720.880.540.880.81-0.28-0.720.510.930.790.220.79-0.210.660.640.540.54
0.460.080.430.70.510.450.12-0.260.380.430.230.540.34-0.22-0.180.370.520.320.270.410.150.190.150.440.43
0.980.340.990.920.510.450.68-0.340.840.970.710.890.96-0.22-0.770.710.990.950.430.79-0.210.870.860.450.47
0.510.090.430.540.450.450.12-0.760.220.470.620.70.46-0.66-0.510.070.510.37-0.190.76-0.270.420.360.980.92
0.690.620.710.440.120.680.120.040.60.650.750.60.750.26-0.570.630.670.740.40.56-0.390.760.760.150.29
-0.360.24-0.29-0.52-0.26-0.34-0.760.04-0.14-0.3-0.28-0.53-0.270.580.690.24-0.39-0.20.58-0.580.62-0.18-0.13-0.7-0.67
0.830.240.840.720.380.840.220.6-0.140.720.580.720.83-0.15-0.690.760.830.840.610.60.030.780.790.160.26
0.970.390.970.880.430.970.470.65-0.30.720.730.850.96-0.24-0.70.690.970.940.40.79-0.20.890.870.490.47
0.80.680.750.540.230.710.620.75-0.280.580.730.830.84-0.28-0.660.550.740.790.280.84-0.30.890.860.580.73
0.920.360.870.880.540.890.70.6-0.530.720.850.830.88-0.31-0.780.460.920.810.170.97-0.320.80.770.670.79
0.990.470.990.810.340.960.460.75-0.270.830.960.840.88-0.22-0.770.750.970.990.460.82-0.210.970.960.450.5
-0.25-0.13-0.21-0.28-0.22-0.22-0.660.260.58-0.15-0.24-0.28-0.31-0.220.3-0.07-0.25-0.190.04-0.320.08-0.23-0.21-0.54-0.43
-0.79-0.16-0.77-0.72-0.18-0.77-0.51-0.570.69-0.69-0.7-0.66-0.78-0.770.3-0.35-0.8-0.750.05-0.760.62-0.73-0.71-0.45-0.53
0.710.50.750.510.370.710.070.630.240.760.690.550.460.75-0.07-0.350.690.810.890.310.270.760.790.060.03
0.990.350.990.930.520.990.510.67-0.390.830.970.740.920.97-0.25-0.80.690.950.390.84-0.230.880.870.50.53
0.970.450.980.790.320.950.370.74-0.20.840.940.790.810.99-0.19-0.750.810.950.530.74-0.150.970.970.370.39
0.40.420.460.220.270.43-0.190.40.580.610.40.280.170.460.040.050.890.390.530.020.60.50.53-0.2-0.22
0.850.330.790.790.410.790.760.56-0.580.60.790.840.970.82-0.32-0.760.310.840.740.02-0.370.770.720.750.86
-0.22-0.18-0.2-0.210.15-0.21-0.27-0.390.620.03-0.2-0.3-0.32-0.210.080.620.27-0.23-0.150.6-0.37-0.17-0.15-0.23-0.33
0.930.560.920.660.190.870.420.76-0.180.780.890.890.80.97-0.23-0.730.760.880.970.50.77-0.171.00.410.47
0.910.570.920.640.150.860.360.76-0.130.790.870.860.770.96-0.21-0.710.790.870.970.530.72-0.151.00.340.41
0.50.050.430.540.440.450.980.15-0.70.160.490.580.670.45-0.54-0.450.060.50.37-0.20.75-0.230.410.340.9
0.540.210.450.540.430.470.920.29-0.670.260.470.730.790.5-0.43-0.530.030.530.39-0.220.86-0.330.470.410.9
Click cells to compare fundamentals

Arvind Fashions Account Relationship Matchups

Arvind Fashions fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets44.5B37.0B32.6B36.7B36.1B30.4B
Other Current Liab1.4B1.7B1.1B801M1.1B1.1B
Total Current Liabilities26.7B20.7B17.5B19.0B17.2B17.1B
Total Stockholder Equity6.0B5.2B7.5B9.1B10.0B7.3B
Net Tangible Assets4.0B3.4B5.9B7.6B8.7B5.9B
Accounts Payable13.3B9.2B10.5B10.2B9.4B9.1B
Cash100.9M80.1M866.7M1.8B1.5B1.6B
Other Assets6.7B5.7B5.6B4.7B1.00.95
Long Term Debt1.6B1.6B717.1M305.9M105.8M100.5M
Net Receivables11.7B11.6B10.6B5.8B6.5B8.8B
Inventory13.1B8.1B8.3B9.8B9.1B8.3B
Other Current Assets12.1B12.4B11.2B11.2B11.2B7.9B
Other Stockholder Equity11.7B16.5B21.4B19.7B21.5B13.8B
Total Liab37.6B31.1B24.1B25.8B24.1B22.3B
Short Long Term Debt10.8B7.5B4.3B5.7B4.6B6.2B
Total Current Assets25.6B20.9B20.4B22.8B21.9B18.9B
Short Term Debt11.7B9.5B5.5B7.3B6.0B6.3B
Intangible Assets903.7M699.9M489M409.3M379.3M571.9M
Common Stock234.7M424.3M529.7M531.3M531.9M331.4M
Property Plant Equipment10.3B8.6B5.0B7.1B8.2B8.4B
Short Long Term Debt Total21.6B19.0B11.0B12.7B11.5B11.9B
Net Debt21.5B18.9B10.2B10.9B10.0B11.3B
Cash And Short Term Investments100.9M80.1M866.7M2.4B1.5B1.6B
Common Stock Shares Outstanding79.6M92.8M122.1M133.0M133.3M106.9M
Liabilities And Stockholders Equity44.5B37.0B32.6B36.7B36.1B33.7B
Non Current Liabilities Total10.9B10.4B6.6B6.8B7.0B5.8B
Accumulated Other Comprehensive Income(4.2B)(905.2M)(943.4M)(907.3M)(664.3M)(697.5M)
Other Liab988.8M2.3B1.1B1.4B1.6B1.2B
Property Plant And Equipment Net10.3B8.6B5.0B7.1B7.5B6.7B
Current Deferred Revenue1.8B1.9B1.5B554.4M658.8M1.0B
Retained Earnings(5.0B)(10.8B)(13.5B)(12.0B)(11.3B)(10.8B)
Non Current Assets Total18.9B16.2B12.3B13.9B14.2B14.4B
Non Currrent Assets Other2.1B1.8B1.5B1.1B1.3B1.3B
Short Term Investments200K691.7M1.3B664.3M5.5M5.2M
Long Term Debt Total9.9B8.1B4.1B5.4B6.2B4.8B
Cash And Equivalents100.9M80.1M866.7M1.5B1.7B1.8B
Net Invested Capital18.4B14.3B12.5B15.1B14.7B12.9B

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Other Information on Investing in Arvind Stock

Balance Sheet is a snapshot of the financial position of Arvind Fashions at a specified time, usually calculated after every quarter, six months, or one year. Arvind Fashions Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Arvind Fashions and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Arvind currently owns. An asset can also be divided into two categories, current and non-current.