Genprex Inventory Turnover vs Average Payables Analysis

GNPX Stock

USD 0.72 0.02 2.86%

Genprex financial indicator trend analysis is much more than just examining Genprex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Genprex is a good investment. Please check the relationship between Genprex Inventory Turnover and its Average Payables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genprex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Genprex Stock please use our How to Invest in Genprex guide.

Inventory Turnover vs Average Payables

Inventory Turnover vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Genprex Inventory Turnover account and Average Payables. At this time, the significance of the direction appears to have pay attention.

The correlation between Genprex's Inventory Turnover and Average Payables is -0.82. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Average Payables in the same time period over historical financial statements of Genprex, assuming nothing else is changed. The correlation between historical values of Genprex's Inventory Turnover and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Genprex are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Inventory Turnover i.e., Genprex's Inventory Turnover and Average Payables go up and down completely randomly.

Correlation Coefficient

-0.82

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Genprex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Genprex 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genprex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more information on how to buy Genprex Stock please use our How to Invest in Genprex guide.Issuance Of Capital Stock is likely to rise to about 12.6 M in 2025, whereas Selling General Administrative is likely to drop slightly above 9.2 M in 2025.

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	25.6K	17.7K	20.3K	17.4K
Interest Income	90.1K	231.0K	265.7K	278.9K

Reconciled Depreciation Interest Income

Genprex fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Receivables
Total Assets		0.4	0.45	1.0	0.76	0.75	-0.98	-0.6	0.41	1.0	0.66	0.64	0.14	1.0	0.78	-0.72	0.78	0.73	0.68	0.45	0.7	1.0	0.69	0.86	0.71	-0.04
Other Current Liab	0.4		0.97	0.33	0.85	0.05	-0.26	-0.9	0.83	0.34	0.9	0.88	-0.07	0.34	0.81	-0.65	0.8	0.76	0.88	0.97	0.7	0.34	0.78	0.19	0.77	0.17
Total Current Liabilities	0.45	0.97		0.37	0.91	0.11	-0.29	-0.95	0.93	0.38	0.94	0.92	-0.14	0.38	0.87	-0.74	0.87	0.87	0.94	1.0	0.77	0.38	0.83	0.15	0.84	-0.06
Total Stockholder Equity	1.0	0.33	0.37		0.71	0.76	-0.99	-0.53	0.35	1.0	0.6	0.58	0.15	1.0	0.73	-0.68	0.73	0.69	0.62	0.37	0.65	1.0	0.63	0.87	0.66	-0.05
Net Tangible Assets	0.76	0.85	0.91	0.71		0.37	-0.64	-0.96	0.83	0.71	0.94	0.91	-0.07	0.71	0.97	-0.85	0.98	0.95	0.99	0.91	0.85	0.71	0.9	0.44	0.9	-0.11
Property Plant And Equipment Net	0.75	0.05	0.11	0.76	0.37		-0.77	-0.31	0.18	0.75	0.3	0.25	0.19	0.75	0.53	-0.65	0.52	0.42	0.36	0.11	0.68	0.76	0.54	0.84	0.61	-0.16
Net Debt	-0.98	-0.26	-0.29	-0.99	-0.64	-0.77		0.47	-0.26	-0.99	-0.54	-0.53	-0.15	-0.99	-0.66	0.62	-0.66	-0.62	-0.55	-0.29	-0.59	-0.99	-0.59	-0.9	-0.59	-0.01
Retained Earnings	-0.6	-0.9	-0.95	-0.53	-0.96	-0.31	0.47		-0.88	-0.54	-0.93	-0.89	0.12	-0.54	-0.94	0.86	-0.95	-0.92	-0.98	-0.95	-0.87	-0.54	-0.93	-0.32	-0.92	0.12
Accounts Payable	0.41	0.83	0.93	0.35	0.83	0.18	-0.26	-0.88		0.35	0.87	0.85	-0.05	0.35	0.83	-0.7	0.82	0.9	0.89	0.93	0.76	0.35	0.79	0.06	0.82	-0.38
Cash	1.0	0.34	0.38	1.0	0.71	0.75	-0.99	-0.54	0.35		0.61	0.59	0.13	1.0	0.73	-0.67	0.73	0.69	0.62	0.38	0.65	1.0	0.63	0.86	0.65	-0.03
Non Current Assets Total	0.66	0.9	0.94	0.6	0.94	0.3	-0.54	-0.93	0.87	0.61		0.99	-0.13	0.61	0.89	-0.78	0.89	0.93	0.94	0.94	0.78	0.6	0.84	0.39	0.85	-0.01
Non Currrent Assets Other	0.64	0.88	0.92	0.58	0.91	0.25	-0.53	-0.89	0.85	0.59	0.99		-0.16	0.59	0.84	-0.72	0.84	0.91	0.9	0.92	0.72	0.58	0.8	0.37	0.8	0.04
Other Assets	0.14	-0.07	-0.14	0.15	-0.07	0.19	-0.15	0.12	-0.05	0.13	-0.13	-0.16		0.13	0.09	-0.01	0.02	-0.15	-0.09	-0.14	0.01	0.16	0.04	0.29	-0.04	-0.09
Cash And Short Term Investments	1.0	0.34	0.38	1.0	0.71	0.75	-0.99	-0.54	0.35	1.0	0.61	0.59	0.13		0.73	-0.67	0.73	0.69	0.62	0.38	0.65	1.0	0.63	0.86	0.65	-0.03
Common Stock Total Equity	0.78	0.81	0.87	0.73	0.97	0.53	-0.66	-0.94	0.83	0.73	0.89	0.84	0.09	0.73		-0.91	1.0	0.92	0.97	0.87	0.94	0.74	0.94	0.53	0.96	-0.17
Common Stock Shares Outstanding	-0.72	-0.65	-0.74	-0.68	-0.85	-0.65	0.62	0.86	-0.7	-0.67	-0.78	-0.72	-0.01	-0.67	-0.91		-0.91	-0.82	-0.87	-0.74	-0.95	-0.69	-0.89	-0.57	-0.95	0.2
Capital Surpluse	0.78	0.8	0.87	0.73	0.98	0.52	-0.66	-0.95	0.82	0.73	0.89	0.84	0.02	0.73	1.0	-0.91		0.93	0.98	0.87	0.94	0.74	0.93	0.52	0.96	-0.17
Other Current Assets	0.73	0.76	0.87	0.69	0.95	0.42	-0.62	-0.92	0.9	0.69	0.93	0.91	-0.15	0.69	0.92	-0.82	0.93		0.96	0.87	0.84	0.69	0.86	0.37	0.9	-0.3
Other Stockholder Equity	0.68	0.88	0.94	0.62	0.99	0.36	-0.55	-0.98	0.89	0.62	0.94	0.9	-0.09	0.62	0.97	-0.87	0.98	0.96		0.94	0.89	0.63	0.91	0.37	0.94	-0.16
Total Liab	0.45	0.97	1.0	0.37	0.91	0.11	-0.29	-0.95	0.93	0.38	0.94	0.92	-0.14	0.38	0.87	-0.74	0.87	0.87	0.94		0.77	0.38	0.83	0.15	0.84	-0.06
Property Plant And Equipment Gross	0.7	0.7	0.77	0.65	0.85	0.68	-0.59	-0.87	0.76	0.65	0.78	0.72	0.01	0.65	0.94	-0.95	0.94	0.84	0.89	0.77		0.67	0.92	0.54	0.99	-0.22
Total Current Assets	1.0	0.34	0.38	1.0	0.71	0.76	-0.99	-0.54	0.35	1.0	0.6	0.58	0.16	1.0	0.74	-0.69	0.74	0.69	0.63	0.38	0.67		0.64	0.87	0.67	-0.05
Intangible Assets	0.69	0.78	0.83	0.63	0.9	0.54	-0.59	-0.93	0.79	0.63	0.84	0.8	0.04	0.63	0.94	-0.89	0.93	0.86	0.91	0.83	0.92	0.64		0.51	0.94	-0.13
Common Stock	0.86	0.19	0.15	0.87	0.44	0.84	-0.9	-0.32	0.06	0.86	0.39	0.37	0.29	0.86	0.53	-0.57	0.52	0.37	0.37	0.15	0.54	0.87	0.51		0.51	0.27
Property Plant Equipment	0.71	0.77	0.84	0.66	0.9	0.61	-0.59	-0.92	0.82	0.65	0.85	0.8	-0.04	0.65	0.96	-0.95	0.96	0.9	0.94	0.84	0.99	0.67	0.94	0.51		-0.19
Net Receivables	-0.04	0.17	-0.06	-0.05	-0.11	-0.16	-0.01	0.12	-0.38	-0.03	-0.01	0.04	-0.09	-0.03	-0.17	0.2	-0.17	-0.3	-0.16	-0.06	-0.22	-0.05	-0.13	0.27	-0.19

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Genprex Account Relationship Matchups

Genprex fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	31.4M	42.9M	25.1M	10.7M	12.3M	15.4M
Other Current Liab	257.8K	612.1K	2.4M	1.9M	2.1M	2.2M
Total Current Liabilities	450.7K	1.6M	2.8M	3.3M	3.7M	3.9M
Total Stockholder Equity	30.9M	41.3M	22.3M	7.4M	8.5M	14.2M
Net Tangible Assets	8.5M	2.5M	30.3M	40.6M	46.7M	49.1M
Property Plant And Equipment Net	39.4K	48.6K	23.0K	7.9K	9.0K	8.6K
Net Debt	(27.3M)	(38.6M)	(21.0M)	(6.7M)	(6.1M)	(6.4M)
Retained Earnings	(58.4M)	(78.0M)	(102.8M)	(133.7M)	(120.3M)	(114.3M)
Accounts Payable	193.0K	973.2K	442.9K	1.4M	1.6M	1.7M
Cash	27.3M	38.6M	21.0M	6.7M	7.7M	13.0M
Non Current Assets Total	651.8K	3.7M	3.6M	3.1M	3.6M	3.8M
Non Currrent Assets Other	10.7K	3.0M	2.9M	2.4M	2.7M	2.8M
Other Assets	21.7K	612.4K	0.0	1.0	0.9	0.86
Cash And Short Term Investments	27.3M	38.6M	21.0M	6.7M	7.7M	13.0M
Common Stock Shares Outstanding	888.1K	1.2M	1.2M	1.4M	1.2M	1.2M
Liabilities And Stockholders Equity	31.4M	42.9M	25.1M	10.7M	12.3M	15.4M
Other Current Assets	384.7K	1.0M	484.2K	794.1K	913.3K	958.9K
Other Stockholder Equity	89.3M	120.3M	125.1M	141.1M	162.3M	170.4M
Total Liab	450.7K	1.6M	2.8M	3.3M	3.7M	3.9M
Total Current Assets	30.7M	39.1M	21.5M	7.5M	8.7M	13.8M
Intangible Assets	601.6K	642.4K	702.1K	773.5K	889.5K	523.9K
Common Stock	43.1K	47.9K	48.1K	1.5K	1.7K	1.6K
Property Plant Equipment	24.4K	44.7K	39.4K	48.6K	55.9K	58.7K
Net Invested Capital	30.9M	41.3M	22.3M	7.4M	8.5M	8.1M
Net Working Capital	30.3M	37.6M	18.7M	4.3M	4.9M	4.7M
Capital Stock	43.1K	47.9K	48.1K	1.5K	1.7K	1.6K

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Genprex Inventory Turnover vs Average Payables Analysis

Inventory Turnover vs Average Payables

Inventory Turnover vs Average Payables Correlation Analysis

Correlation Coefficient

Inventory Turnover

Average Payables

Genprex fundamental ratios Correlations

Genprex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Genprex fundamental ratios Accounts

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Additional Tools for Genprex Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Cash	+ 1.0	Total Stockholder Equity

Total Current Assets	- 0.99	Net Debt
Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.99	Total Stockholder Equity
Other Stockholder Equity	- 0.98	Retained Earnings
Net Debt	- 0.98	Total Assets