FutureFuel Payables Turnover vs Days Of Inventory On Hand Analysis

FF Stock  USD 5.20  0.10  1.89%   
FutureFuel Corp financial indicator trend analysis is much more than just examining FutureFuel Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FutureFuel Corp is a good investment. Please check the relationship between FutureFuel Corp Payables Turnover and its Days Of Inventory On Hand accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FutureFuel Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in FutureFuel Stock please use our How to Invest in FutureFuel Corp guide.

Payables Turnover vs Days Of Inventory On Hand

Payables Turnover vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FutureFuel Corp Payables Turnover account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between FutureFuel Corp's Payables Turnover and Days Of Inventory On Hand is -0.53. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of FutureFuel Corp, assuming nothing else is changed. The correlation between historical values of FutureFuel Corp's Payables Turnover and Days Of Inventory On Hand 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 FutureFuel Corp are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Payables Turnover i.e., FutureFuel Corp's Payables Turnover and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

-0.53
Relationship DirectionNegative 
Relationship StrengthVery Weak

Payables Turnover

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

Days Of Inventory On Hand

Most indicators from FutureFuel Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FutureFuel Corp 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 FutureFuel Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in FutureFuel Stock please use our How to Invest in FutureFuel Corp guide.The FutureFuel Corp's current Sales General And Administrative To Revenue is estimated to increase to 0.02, while Selling General Administrative is projected to decrease to roughly 6.7 M.
 2021 2023 2024 (projected)
Interest Expense131K138K111.3K
Depreciation And Amortization10.5M10.3M10.0M

FutureFuel Corp fundamental ratios Correlations

0.270.630.930.3-0.610.820.610.630.330.130.890.530.470.690.430.550.520.590.7-0.130.970.570.460.190.52
0.270.080.30.16-0.110.280.240.10.14-0.530.120.270.180.190.090.210.510.20.110.290.25-0.180.180.270.02
0.630.080.350.12-0.460.270.430.480.140.040.610.270.180.320.230.310.390.270.920.040.630.350.180.240.31
0.930.30.350.15-0.650.90.620.670.170.130.870.560.510.730.250.410.490.650.39-0.140.940.570.51-0.020.41
0.30.160.120.150.50.12-0.09-0.451.0-0.04-0.050.070.010.070.960.770.0-0.050.47-0.180.080.020.00.910.69
-0.61-0.11-0.46-0.650.5-0.57-0.51-0.960.49-0.17-0.81-0.3-0.51-0.570.320.06-0.4-0.61-0.27-0.17-0.75-0.41-0.520.520.22
0.820.280.270.90.12-0.570.650.590.160.30.710.680.160.370.230.350.390.290.31-0.350.830.680.16-0.060.32
0.610.240.430.62-0.09-0.510.650.53-0.07-0.160.510.850.180.34-0.070.10.150.280.320.080.670.230.18-0.140.04
0.630.10.480.67-0.45-0.960.590.53-0.430.150.850.310.490.55-0.29-0.070.430.620.270.160.780.50.49-0.46-0.1
0.330.140.140.171.00.490.16-0.07-0.43-0.01-0.020.08-0.020.060.960.770.03-0.060.49-0.230.110.08-0.020.90.72
0.13-0.530.040.13-0.04-0.170.3-0.160.15-0.010.140.1-0.1-0.180.10.16-0.23-0.140.08-0.550.140.56-0.1-0.16-0.02
0.890.120.610.87-0.05-0.810.710.510.85-0.020.140.310.520.740.110.240.550.70.54-0.030.950.640.52-0.140.39
0.530.270.270.560.07-0.30.680.850.310.080.10.310.080.150.060.13-0.030.120.25-0.190.540.140.08-0.030.05
0.470.180.180.510.01-0.510.160.180.49-0.02-0.10.520.080.860.050.270.170.950.180.560.48-0.131.0-0.010.01
0.690.190.320.730.07-0.570.370.340.550.06-0.180.740.150.860.120.30.430.940.320.270.70.110.86-0.010.29
0.430.090.230.250.960.320.23-0.07-0.290.960.10.110.060.050.120.780.09-0.010.59-0.250.220.160.040.830.68
0.550.210.310.410.770.060.350.1-0.070.770.160.240.130.270.30.780.190.220.58-0.030.380.260.270.740.47
0.520.510.390.490.0-0.40.390.150.430.03-0.230.55-0.030.170.430.090.190.350.35-0.040.550.390.170.10.29
0.590.20.270.65-0.05-0.610.290.280.62-0.06-0.140.70.120.950.94-0.010.220.350.220.440.640.060.95-0.070.16
0.70.110.920.390.47-0.270.310.320.270.490.080.540.250.180.320.590.580.350.22-0.070.610.340.180.520.5
-0.130.290.04-0.14-0.18-0.17-0.350.080.16-0.23-0.55-0.03-0.190.560.27-0.25-0.03-0.040.44-0.07-0.09-0.490.56-0.02-0.36
0.970.250.630.940.08-0.750.830.670.780.110.140.950.540.480.70.220.380.550.640.61-0.090.610.48-0.010.41
0.57-0.180.350.570.02-0.410.680.230.50.080.560.640.14-0.130.110.160.260.390.060.34-0.490.61-0.13-0.110.45
0.460.180.180.510.0-0.520.160.180.49-0.02-0.10.520.081.00.860.040.270.170.950.180.560.48-0.13-0.020.0
0.190.270.24-0.020.910.52-0.06-0.14-0.460.9-0.16-0.14-0.03-0.01-0.010.830.740.1-0.070.52-0.02-0.01-0.11-0.020.56
0.520.020.310.410.690.220.320.04-0.10.72-0.020.390.050.010.290.680.470.290.160.5-0.360.410.450.00.56
Click cells to compare fundamentals

FutureFuel Corp Account Relationship Matchups

FutureFuel Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets586.5M441.3M344.3M356.0M367.1M420.0M
Other Current Liab14.4M13.4M2.6M14.5M13.6M12.1M
Total Current Liabilities82.8M33.0M35.1M56.1M41.3M49.5M
Total Stockholder Equity467.1M371.9M288.9M283M309.9M328.8M
Property Plant And Equipment Net98.6M91.5M82.9M76.9M73.1M86.3M
Net Debt(242.8M)(197.6M)(136.9M)(175.0M)(219.1M)(208.1M)
Retained Earnings184.6M89.5M6.3M508K27.4M52.5M
Accounts Payable62.6M13.4M22.8M36.3M21.3M25.1M
Cash243.3M198.1M137.5M175.6M219.4M141.6M
Non Current Assets Total105.6M98.7M88.5M82.2M76.5M90.0M
Non Currrent Assets Other5.6M5.7M3.7M(15.4M)3.4M3.6M
Cash And Short Term Investments317.0M262.5M184.7M212.8M219.4M205.0M
Net Receivables114.9M14.5M39.1M17.2M30.3M36.1M
Common Stock Shares Outstanding43.7M43.7M43.8M43.8M43.8M44.0M
Liabilities And Stockholders Equity586.5M441.3M344.3M356.0M367.1M420.0M
Non Current Liabilities Total36.6M36.4M20.3M16.9M15.9M30.3M
Inventory37.6M33.9M26.9M26.8M33.0M41.8M
Other Current Assets11.5M31.7M5.1M17.0M7.8M11.5M
Other Stockholder Equity282.2M282.2M282.4M282.5M324.9M274.4M
Total Liab119.4M69.4M55.4M73.0M57.2M91.3M
Property Plant And Equipment Gross98.6M91.5M82.9M217.9M223.8M136.5M
Total Current Assets480.9M342.6M255.8M273.8M290.5M296.2M
Short Long Term Debt Total537K491K644K630K389K369.6K
Short Term Investments79.9M73.6M64.4M47.2M37.1M0.0
Accumulated Other Comprehensive Income296K208K178K(1K)(1.2K)(1.1K)
Current Deferred Revenue5.2M4.0M6.2M3.8M3.9M3.9M
Short Term Debt537K491K644K630K389K369.6K
Other Liab35.6M35.6M20.3M16.5M19.0M32.7M
Other Assets4.1M5.7M5.6M4.1M1.00.95
Property Plant Equipment98.6M92.9M82.9M76.9M69.2M90.7M
Net Tangible Assets465.7M370.5M288.9M283M325.5M376.7M
Retained Earnings Total Equity184.6M89.5M6.3M508K584.2K555.0K
Capital Surpluse282.2M282.2M282.4M282.5M324.9M304.2M
Deferred Long Term Liab18.0M13.0M12.3M1.9M1.7M1.6M
Non Current Liabilities Other23.7M2.2M18.5M16.9M3.3M3.1M
Cash And Equivalents243.3M198.1M137.5M175.6M158.1M146.7M
Net Invested Capital467.1M371.9M288.9M283M309.9M281.3M
Net Working Capital398.1M309.6M220.8M217.7M249.2M227.8M

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FutureFuel Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more detail on how to invest in FutureFuel Stock please use our How to Invest in FutureFuel Corp guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Specialty Chemicals 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 FutureFuel Corp. If investors know FutureFuel 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 FutureFuel Corp 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
(0.79)
Dividend Share
0.24
Earnings Share
0.82
Revenue Per Share
6.257
Quarterly Revenue Growth
(0.56)
The market value of FutureFuel Corp is measured differently than its book value, which is the value of FutureFuel that is recorded on the company's balance sheet. Investors also form their own opinion of FutureFuel Corp's value that differs from its market value or its book value, called intrinsic value, which is FutureFuel Corp'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 FutureFuel Corp's market value can be influenced by many factors that don't directly affect FutureFuel Corp'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 FutureFuel Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FutureFuel Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FutureFuel Corp'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.