CHRW Payables Turnover vs Days Sales Outstanding Analysis

CHRW Stock  USD 104.34  0.66  0.63%   
CH Robinson financial indicator trend analysis is way more than just evaluating CH Robinson Worldwide prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CH Robinson Worldwide is a good investment. Please check the relationship between CH Robinson Payables Turnover and its Days Sales Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CH Robinson Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Payables Turnover vs Days Sales Outstanding

Payables Turnover vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CH Robinson Worldwide Payables Turnover account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CH Robinson's Payables Turnover and Days Sales Outstanding is -0.19. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of CH Robinson Worldwide, assuming nothing else is changed. The correlation between historical values of CH Robinson's Payables Turnover and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of CH Robinson Worldwide are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Payables Turnover i.e., CH Robinson's Payables Turnover and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Days Sales Outstanding

Most indicators from CH Robinson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CH Robinson Worldwide 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 CH Robinson Worldwide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Selling General Administrative is likely to drop to about 490 M in 2024. Tax Provision is likely to drop to about 67.6 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit1.6B1.9B1.2B1.1B
Total Revenue23.1B24.7B17.6B10.7B

CH Robinson fundamental ratios Correlations

0.940.920.840.740.780.780.990.340.82-0.280.330.980.83-0.75-0.540.33-0.720.880.530.980.090.230.190.550.74
0.940.940.720.690.770.730.950.140.73-0.440.130.970.72-0.68-0.580.25-0.690.870.480.96-0.150.10.070.610.67
0.920.940.660.630.790.710.940.150.73-0.520.140.930.73-0.68-0.430.23-0.690.860.410.92-0.090.160.140.540.58
0.840.720.660.590.440.610.820.610.680.060.60.810.72-0.51-0.570.19-0.450.640.410.830.360.540.520.290.57
0.740.690.630.590.830.920.710.30.92-0.330.320.670.84-0.88-0.440.76-0.890.870.910.68-0.10.120.070.840.89
0.780.770.790.440.830.920.760.050.91-0.410.070.750.87-0.94-0.290.56-0.940.960.780.74-0.180.04-0.010.840.89
0.780.730.710.610.920.920.770.280.97-0.320.310.730.93-0.96-0.330.63-0.970.950.890.74-0.110.270.210.880.92
0.990.950.940.820.710.760.770.340.79-0.280.330.990.79-0.72-0.560.31-0.710.880.510.990.00.250.210.560.72
0.340.140.150.610.30.050.280.340.30.21.00.290.33-0.17-0.310.28-0.130.230.160.350.420.460.49-0.060.28
0.820.730.730.680.920.910.970.790.3-0.260.320.750.98-0.95-0.390.58-0.930.940.840.750.070.280.230.790.91
-0.28-0.44-0.520.06-0.33-0.41-0.32-0.280.2-0.260.2-0.29-0.190.29-0.08-0.170.43-0.36-0.14-0.260.390.210.21-0.42-0.11
0.330.130.140.60.320.070.310.331.00.320.20.280.35-0.19-0.310.3-0.160.240.190.340.40.470.5-0.030.3
0.980.970.930.810.670.750.730.990.290.75-0.290.280.75-0.68-0.610.26-0.660.870.470.99-0.040.170.150.540.7
0.830.720.730.720.840.870.930.790.330.98-0.190.350.75-0.91-0.370.47-0.870.910.760.750.20.350.310.70.87
-0.75-0.68-0.68-0.51-0.88-0.94-0.96-0.72-0.17-0.950.29-0.19-0.68-0.910.24-0.630.97-0.91-0.87-0.680.08-0.12-0.04-0.86-0.93
-0.54-0.58-0.43-0.57-0.44-0.29-0.33-0.56-0.31-0.39-0.08-0.31-0.61-0.370.24-0.230.22-0.45-0.31-0.570.070.10.09-0.27-0.42
0.330.250.230.190.760.560.630.310.280.58-0.170.30.260.47-0.63-0.23-0.660.530.790.28-0.29-0.06-0.120.630.66
-0.72-0.69-0.69-0.45-0.89-0.94-0.97-0.71-0.13-0.930.43-0.16-0.66-0.870.970.22-0.66-0.92-0.88-0.660.21-0.15-0.08-0.92-0.9
0.880.870.860.640.870.960.950.880.230.94-0.360.240.870.91-0.91-0.450.53-0.920.770.87-0.140.160.120.810.9
0.530.480.410.410.910.780.890.510.160.84-0.140.190.470.76-0.87-0.310.79-0.880.770.47-0.250.130.050.910.88
0.980.960.920.830.680.740.740.990.350.75-0.260.340.990.75-0.68-0.570.28-0.660.870.47-0.010.220.190.520.71
0.09-0.15-0.090.36-0.1-0.18-0.110.00.420.070.390.4-0.040.20.080.07-0.290.21-0.14-0.25-0.010.380.43-0.49-0.07
0.230.10.160.540.120.040.270.250.460.280.210.470.170.35-0.120.1-0.06-0.150.160.130.220.380.99-0.010.09
0.190.070.140.520.07-0.010.210.210.490.230.210.50.150.31-0.040.09-0.12-0.080.120.050.190.430.99-0.090.03
0.550.610.540.290.840.840.880.56-0.060.79-0.42-0.030.540.7-0.86-0.270.63-0.920.810.910.52-0.49-0.01-0.090.81
0.740.670.580.570.890.890.920.720.280.91-0.110.30.70.87-0.93-0.420.66-0.90.90.880.71-0.070.090.030.81
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CH Robinson Account Relationship Matchups

CH Robinson fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.6B5.1B7.0B6.0B5.2B2.8B
Other Current Liab289.0M468.6M755.0M639.5M434.4M241.0M
Total Current Liabilities1.6B1.8B3.3B3.3B2.1B1.2B
Total Stockholder Equity1.7B1.9B2.0B1.4B1.4B1.1B
Property Plant And Equipment Net519.3M498.7M432.4M531.6M498.6M523.5M
Net Debt1.1B1.2B2.0B2.1B1.8B1.9B
Retained Earnings4.1B4.4B4.9B5.6B5.6B5.9B
Accounts Payable1.1B1.2B1.8B1.5B1.3B748.3M
Cash447.9M243.8M257.4M217.5M145.5M251.9M
Non Current Assets Total2.0B2.2B2.2B2.4B2.3B2.5B
Non Currrent Assets Other33.7M24.5M22.2M(181.6M)11.6M12.1M
Cash And Short Term Investments447.9M243.8M257.4M217.5M145.5M276.9M
Net Receivables2.1B2.6B4.4B3.2B2.6B1.4B
Good Will1.3B1.5B1.5B1.5B1.5B1.5B
Common Stock Shares Outstanding137.7M136.2M133.8M127.2M119.7M125.9M
Liabilities And Stockholders Equity4.6B5.1B7.0B6.0B5.2B2.8B
Other Current Assets217.9M51.2M94.6M122.4M163.3M171.5M
Other Stockholder Equity(2.4B)(2.5B)(2.9B)(4.2B)(4.1B)(3.9B)
Total Liab3.0B3.3B5.0B4.6B3.8B4.0B
Property Plant And Equipment Gross519.3M498.7M442.1M449.8M791.3M830.9M
Total Current Assets2.6B2.9B4.8B3.6B2.9B1.8B
Accumulated Other Comprehensive Income(76.1M)(46.0M)(61.1M)(88.9M)(80.9M)(76.9M)
Intangible Assets1.5B1.7B159.7M152.8M146.2M138.9M
Common Stock Total Equity13.5M13.4M12.9M11.6M13.4M14.6M
Common Stock13.5M13.4M12.9M11.6M11.7M14.5M
Other Assets47.2M122.5M147.1M210.1M241.6M253.7M
Non Current Liabilities Total1.4B1.4B1.7B1.3B1.8B1.8B
Treasury Stock(3.0B)(3.0B)(3.5B)(4.9B)(4.4B)(4.2B)
Property Plant Equipment208.4M178.9M432.4M159.4M183.3M152.8M
Other Liab62.4M62.7M44.8M44.5M51.2M33.7M
Short Long Term Debt Total1.6B1.4B2.2B2.4B2.0B2.1B
Net Tangible Assets288.0M278.8M230.4M(181.4M)(163.3M)(155.1M)
Long Term Debt1.1B1.1B1.4B920.0M1.4B734.2M
Retained Earnings Total Equity4.1B4.4B4.9B5.6B6.4B6.8B
Capital Surpluse546.6M566.0M673.6M743.3M854.8M484.3M
Deferred Long Term Liab39.8M22.2M16.1M14.3M16.4M23.9M
Non Current Liabilities Other282.1M309.1M315K1.9M2.1M2.0M
Accumulated Depreciation(281.6M)(300.0M)(302.3M)(290.4M)(261.4M)(274.4M)

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Additional Tools for CHRW Stock Analysis

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