Franklin Accounts Payable vs Other Current Liab Analysis

FC Stock  USD 36.63  0.05  0.14%   
Franklin Covey financial indicator trend analysis is much more than just examining Franklin Covey latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Franklin Covey is a good investment. Please check the relationship between Franklin Covey Accounts Payable and its Other Current Liab accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.

Accounts Payable vs Other Current Liab

Accounts Payable vs Other Current Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Franklin Covey Accounts Payable account and Other Current Liab. At this time, the significance of the direction appears to have no relationship.
The correlation between Franklin Covey's Accounts Payable and Other Current Liab is 0.04. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of Franklin Covey, assuming nothing else is changed. The correlation between historical values of Franklin Covey's Accounts Payable and Other Current Liab 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 Franklin Covey are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., Franklin Covey's Accounts Payable and Other Current Liab go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Franklin Covey 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 Franklin Covey 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.

Other Current Liab

Most indicators from Franklin Covey's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Franklin Covey 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.The current year's Tax Provision is expected to grow to about 10.1 M, whereas Selling General Administrative is forecasted to decline to about 121.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit201.9M213.5M221.1M135.2M
Total Revenue262.8M280.5M287.2M215.0M

Franklin Covey fundamental ratios Correlations

0.120.870.730.48-0.32-0.40.650.220.660.820.830.660.94-0.660.18-0.850.57-0.240.870.620.920.490.28-0.34-0.28
0.12-0.11-0.330.050.810.79-0.460.15-0.470.37-0.02-0.470.18-0.130.81-0.4-0.640.520.02-0.46-0.080.340.22-0.450.56
0.87-0.110.820.22-0.54-0.630.560.040.840.580.620.840.7-0.57-0.07-0.70.76-0.370.890.820.880.450.14-0.08-0.32
0.73-0.330.820.04-0.7-0.780.8-0.020.910.420.590.910.59-0.79-0.28-0.540.81-0.780.90.820.790.640.040.21-0.6
0.480.050.220.040.01-0.010.380.630.070.750.440.070.480.120.45-0.470.20.360.02-0.050.19-0.220.78-0.72-0.37
-0.320.81-0.54-0.70.010.96-0.670.16-0.840.05-0.33-0.84-0.180.270.660.02-0.870.69-0.45-0.8-0.5-0.050.17-0.420.56
-0.40.79-0.63-0.78-0.010.96-0.680.1-0.91-0.01-0.32-0.91-0.240.310.660.1-0.90.68-0.54-0.82-0.58-0.110.14-0.380.61
0.65-0.460.560.80.38-0.67-0.680.230.690.460.720.690.64-0.64-0.23-0.410.73-0.720.630.620.640.320.20.04-0.77
0.220.150.04-0.020.630.160.10.23-0.020.410.03-0.020.250.030.3-0.090.140.22-0.07-0.160.04-0.040.51-0.34-0.23
0.66-0.470.840.910.07-0.84-0.910.69-0.020.290.451.00.46-0.55-0.38-0.440.87-0.640.780.860.770.40.00.23-0.54
0.820.370.580.420.750.05-0.010.460.410.290.690.290.75-0.420.62-0.90.250.090.540.170.520.350.74-0.7-0.34
0.83-0.020.620.590.44-0.33-0.320.720.030.450.690.450.84-0.610.12-0.660.45-0.330.70.50.750.270.19-0.31-0.37
0.66-0.470.840.910.07-0.84-0.910.69-0.021.00.290.450.46-0.55-0.38-0.440.87-0.640.780.860.770.40.00.23-0.54
0.940.180.70.590.48-0.18-0.240.640.250.460.750.840.46-0.650.19-0.750.42-0.20.780.50.870.430.16-0.33-0.16
-0.66-0.13-0.57-0.790.120.270.31-0.640.03-0.55-0.42-0.61-0.55-0.65-0.050.55-0.340.7-0.85-0.48-0.69-0.790.08-0.20.31
0.180.81-0.07-0.280.450.660.66-0.230.3-0.380.620.12-0.380.19-0.05-0.54-0.530.53-0.06-0.56-0.160.090.66-0.730.12
-0.85-0.4-0.7-0.54-0.470.020.1-0.41-0.09-0.44-0.9-0.66-0.44-0.750.55-0.54-0.240.05-0.71-0.31-0.64-0.53-0.520.580.24
0.57-0.640.760.810.2-0.87-0.90.730.140.870.250.450.870.42-0.34-0.53-0.24-0.580.610.880.670.230.050.21-0.58
-0.240.52-0.37-0.780.360.690.68-0.720.22-0.640.09-0.33-0.64-0.20.70.530.05-0.58-0.57-0.61-0.42-0.50.3-0.570.58
0.870.020.890.90.02-0.45-0.540.63-0.070.780.540.70.780.78-0.85-0.06-0.710.61-0.570.760.920.71-0.040.04-0.27
0.62-0.460.820.82-0.05-0.8-0.820.62-0.160.860.170.50.860.5-0.48-0.56-0.310.88-0.610.760.80.41-0.220.32-0.3
0.92-0.080.880.790.19-0.5-0.580.640.040.770.520.750.770.87-0.69-0.16-0.640.67-0.420.920.80.48-0.11-0.02-0.18
0.490.340.450.64-0.22-0.05-0.110.32-0.040.40.350.270.40.43-0.790.09-0.530.23-0.50.710.410.480.00.16-0.07
0.280.220.140.040.780.170.140.20.510.00.740.190.00.160.080.66-0.520.050.3-0.04-0.22-0.110.0-0.71-0.47
-0.34-0.45-0.080.21-0.72-0.42-0.380.04-0.340.23-0.7-0.310.23-0.33-0.2-0.730.580.21-0.570.040.32-0.020.16-0.710.05
-0.280.56-0.32-0.6-0.370.560.61-0.77-0.23-0.54-0.34-0.37-0.54-0.160.310.120.24-0.580.58-0.27-0.3-0.18-0.07-0.470.05
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Franklin Covey Account Relationship Matchups

Franklin Covey fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets205.4M249.7M259.2M245.9M261.5M207.7M
Short Long Term Debt Total36.6M32.9M24.3M15.3M6.0M5.7M
Other Current Liab22.6M35.0M34.2M28.3M32.5M25.6M
Total Current Liabilities102.5M136.5M153.8M151.6M162.5M170.6M
Total Stockholder Equity59.5M79.9M82.8M78.7M83.1M118.0M
Property Plant And Equipment Net15.7M11.5M9.8M10.0M8.7M8.3M
Net Debt9.5M(14.6M)(36.3M)(22.9M)(42.6M)(40.5M)
Retained Earnings50.0M63.6M82.0M99.8M123.2M129.4M
Accounts Payable5.6M6.9M10.9M6.5M7.9M10.5M
Cash27.1M47.4M60.5M38.2M48.7M51.1M
Non Current Assets Total103.8M112.9M103.3M100.9M101.3M120.5M
Non Currrent Assets Other15.6M15.2M12.7M17.5M22.7M13.7M
Cash And Short Term Investments27.1M47.4M60.5M38.2M48.7M51.1M
Net Receivables56.4M70.7M72.6M81.9M86.0M54.1M
Common Stock Shares Outstanding13.9M14.1M14.6M14.3M13.5M14.4M
Liabilities And Stockholders Equity205.4M249.7M259.2M245.9M261.5M207.7M
Non Current Liabilities Total43.5M33.3M22.5M15.6M16.0M31.0M
Inventory3.0M2.5M3.5M4.2M4.0M3.8M
Other Current Assets2.6M16.1M24.0M20.6M21.6M22.7M
Other Stockholder Equity7.5M14.2M(18K)(21.5M)(40.7M)(38.6M)
Total Liab146.0M169.8M176.3M167.3M178.4M123.4M
Property Plant And Equipment Gross15.7M70.8M67.2M70.9M68.6M40.5M
Total Current Assets101.7M136.7M155.9M145.0M160.3M87.2M
Accumulated Other Comprehensive Income641K709K(542K)(987K)(768K)(806.4K)
Short Term Debt7.6M8.7M9.0M9.4M3.9M7.1M
Intangible Assets47.1M50.1M44.8M40.5M37.8M73.7M
Other Liab13.9M9.1M7.3M9.4M10.8M11.4M
Other Assets15.5M20.1M17.4M19.1M22.0M15.5M
Long Term Debt29.0M13.0M7.3M1.5M775K736.3K
Treasury Stock(195.0M)(204.4M)(200.7M)(220.3M)(198.2M)(208.1M)
Property Plant Equipment15.7M11.5M9.8M10.0M9.0M8.6M
Current Deferred Revenue66.7M85.9M99.7M107.5M118.2M124.1M
Net Tangible Assets(11.9M)(1.5M)6.8M6.9M6.2M12.1M
Retained Earnings Total Equity59.4M50.0M63.6M82.0M94.3M54.2M
Long Term Debt Total29.0M13.0M15.2M6.0M5.4M5.1M
Capital Surpluse211.9M214.9M220.2M232.4M267.2M232.9M
Deferred Long Term Liab5.3M375K6.2M11.8M13.6M14.2M

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Covey. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Franklin Stock refer to our How to Trade Franklin Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franklin Covey. If investors know Franklin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franklin Covey listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.837
Earnings Share
1.74
Revenue Per Share
21.808
Quarterly Revenue Growth
0.079
Return On Assets
0.0911
The market value of Franklin Covey is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Covey's value that differs from its market value or its book value, called intrinsic value, which is Franklin Covey's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franklin Covey's market value can be influenced by many factors that don't directly affect Franklin Covey's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franklin Covey's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Covey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Covey's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.