Brightcove Accounts Payable vs Net Receivables Analysis

BCOV Stock  USD 4.29  0.02  0.46%   
Brightcove financial indicator trend analysis is way more than just evaluating Brightcove prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brightcove is a good investment. Please check the relationship between Brightcove Accounts Payable and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brightcove. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brightcove Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Brightcove's Accounts Payable and Net Receivables is 0.78. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Brightcove, assuming nothing else is changed. The correlation between historical values of Brightcove's Accounts Payable and Net Receivables 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 Brightcove are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., Brightcove's Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents Brightcove 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 Brightcove 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 Receivables

Most indicators from Brightcove's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brightcove 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 Brightcove. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.At this time, Brightcove's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.18 in 2024, whereas Enterprise Value Over EBITDA is likely to drop (23.39) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit138.1M133.9M123.8M96.1M
Total Revenue211.1M211.0M201.2M152.3M

Brightcove fundamental ratios Correlations

0.80.760.20.57-0.280.50.90.540.870.870.970.98-0.850.790.980.750.890.940.94-0.230.790.690.890.930.14
0.80.610.00.64-0.720.630.870.50.910.680.750.77-0.780.630.790.430.840.820.89-0.680.560.180.770.920.42
0.760.610.680.28-0.070.220.610.920.630.690.770.77-0.850.90.80.780.660.670.680.030.910.730.640.67-0.14
0.20.00.68-0.460.25-0.50.050.740.070.120.260.24-0.390.520.310.440.170.180.130.370.490.52-0.050.09-0.47
0.570.640.28-0.46-0.370.970.610.060.610.680.540.54-0.460.380.450.390.510.440.53-0.410.440.190.830.60.32
-0.28-0.72-0.070.25-0.37-0.42-0.55-0.04-0.65-0.18-0.24-0.280.28-0.09-0.270.0-0.49-0.35-0.510.960.050.47-0.28-0.54-0.32
0.50.630.22-0.50.97-0.420.50.020.540.620.450.45-0.370.290.370.310.460.350.47-0.460.370.080.790.540.31
0.90.870.610.050.61-0.550.50.450.970.760.90.92-0.850.740.880.620.920.920.96-0.530.640.420.820.970.29
0.540.50.920.740.06-0.040.020.450.470.390.580.59-0.770.840.610.560.540.540.550.040.780.570.420.52-0.1
0.870.910.630.070.61-0.650.540.970.470.760.880.9-0.830.720.850.640.930.870.95-0.630.650.330.820.970.25
0.870.680.690.120.68-0.180.620.760.390.760.890.85-0.740.70.820.80.730.720.75-0.20.790.640.880.780.12
0.970.750.770.260.54-0.240.450.90.580.880.890.99-0.90.860.950.810.920.910.93-0.230.840.720.890.930.08
0.980.770.770.240.54-0.280.450.920.590.90.850.99-0.90.850.960.790.930.930.95-0.260.830.690.890.940.11
-0.85-0.78-0.85-0.39-0.460.28-0.37-0.85-0.77-0.83-0.74-0.9-0.9-0.96-0.85-0.66-0.87-0.86-0.880.26-0.85-0.63-0.79-0.89-0.13
0.790.630.90.520.38-0.090.290.740.840.720.70.860.85-0.960.790.740.780.750.78-0.060.910.740.740.77-0.07
0.980.790.80.310.45-0.270.370.880.610.850.820.950.96-0.850.790.730.870.960.93-0.210.780.690.810.920.13
0.750.430.780.440.390.00.310.620.560.640.80.810.79-0.660.740.730.610.560.620.020.870.740.710.61-0.26
0.890.840.660.170.51-0.490.460.920.540.930.730.920.93-0.870.780.870.610.890.96-0.480.670.480.840.960.2
0.940.820.670.180.44-0.350.350.920.540.870.720.910.93-0.860.750.960.560.890.95-0.320.670.580.760.940.29
0.940.890.680.130.53-0.510.470.960.550.950.750.930.95-0.880.780.930.620.960.95-0.490.690.480.840.990.24
-0.23-0.680.030.37-0.410.96-0.46-0.530.04-0.63-0.2-0.23-0.260.26-0.06-0.210.02-0.48-0.32-0.490.040.51-0.3-0.52-0.47
0.790.560.910.490.440.050.370.640.780.650.790.840.83-0.850.910.780.870.670.670.690.040.790.780.69-0.04
0.690.180.730.520.190.470.080.420.570.330.640.720.69-0.630.740.690.740.480.580.480.510.790.580.45-0.26
0.890.770.64-0.050.83-0.280.790.820.420.820.880.890.89-0.790.740.810.710.840.760.84-0.30.780.580.870.17
0.930.920.670.090.6-0.540.540.970.520.970.780.930.94-0.890.770.920.610.960.940.99-0.520.690.450.870.27
0.140.42-0.14-0.470.32-0.320.310.29-0.10.250.120.080.11-0.13-0.070.13-0.260.20.290.24-0.47-0.04-0.260.170.27
Click cells to compare fundamentals

Brightcove Account Relationship Matchups

Brightcove fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets172.9M186.8M216.5M227.8M216.1M135.0M
Total Stockholder Equity74.1M79.6M96.3M102.3M93.9M98.6M
Property Plant And Equipment Net29.0M24.7M45.4M58.3M58.7M61.6M
Net Debt(4.9M)(27.6M)(20.3M)(7.2M)3.2M3.4M
Cash22.8M37.5M45.7M31.9M18.6M29.1M
Other Assets3.3M14.0M6.7M7.0M6.3M6.8M
Cash And Short Term Investments22.8M37.5M45.7M31.9M18.6M29.8M
Other Stockholder Equity275.5M286.2M297.9M314.0M328.0M212.5M
Property Plant And Equipment Gross29.0M24.7M45.4M58.3M121.5M127.5M
Common Stock Shares Outstanding38.0M39.5M42.2M41.8M43.1M34.2M
Other Current Liab20.9M28.1M25.2M32.3M17.1M17.5M
Total Current Liabilities86.3M98.9M96.6M104.0M104.6M64.5M
Current Deferred Revenue49.3M58.7M62.1M61.6M68.2M39.5M
Retained Earnings(200.6M)(206.4M)(201.0M)(210.1M)(232.9M)(244.6M)
Accounts Payable9.9M10.5M11.0M11.3M14.4M15.1M
Non Current Assets Total107.0M101.3M122.2M150.5M145.7M81.3M
Non Currrent Assets Other3.3M5.3M6.7M7.0M5.8M3.1M
Net Receivables31.2M29.3M29.9M26.0M33.5M24.5M
Common Stock Total Equity39K40K41K42K48.3K34.3K
Liabilities And Stockholders Equity172.9M186.8M216.5M227.8M216.1M146.8M
Non Current Liabilities Total12.5M8.3M23.6M21.5M17.6M16.8M
Other Current Assets6.7M18.7M18.6M19.4M18.3M19.2M
Total Liab98.7M107.2M120.2M125.5M122.2M87.6M
Total Current Assets65.8M85.5M94.2M77.3M70.4M65.6M
Accumulated Other Comprehensive Income(785K)(188K)(662K)(1.6M)(1.2M)(1.2M)
Common Stock39K40K41K42K44K35.2K
Other Liab767K2.8M786K981K1.1M1.6M
Intangible Assets13.9M10.5M9.3M10.3M6.4M10.2M
Property Plant Equipment12.1M16.0M45.4M39.7M45.6M47.9M
Short Long Term Debt Total17.9M9.8M25.4M24.7M21.8M11.0M
Inventory5.2M5.8M7.8M8.7M6.6M5.0M
Short Term Debt6.2M8.7M5.2M8.3M9.0M9.4M
Net Tangible Assets(654K)8.2M26.1M17.2M15.5M12.8M
Retained Earnings Total Equity(200.6M)(206.4M)(201.0M)(210.1M)(189.1M)(198.5M)
Capital Surpluse276.4M287.1M298.8M314.8M362.0M267.7M
Non Current Liabilities Other767K2.8M786K981K207K196.7K

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Brightcove Stock Analysis

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