James Accounts Payable vs Current Deferred Revenue Analysis

JHX Stock  USD 32.49  0.11  0.34%   
James Hardie financial indicator trend analysis is infinitely more than just investigating James Hardie Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether James Hardie Industries is a good investment. Please check the relationship between James Hardie Accounts Payable and its Current Deferred Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in James Hardie Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Accounts Payable vs Current Deferred Revenue

Accounts Payable vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of James Hardie Industries Accounts Payable account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between James Hardie's Accounts Payable and Current Deferred Revenue is 0.76. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of James Hardie Industries, assuming nothing else is changed. The correlation between historical values of James Hardie's Accounts Payable and Current Deferred Revenue 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 James Hardie Industries are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Accounts Payable i.e., James Hardie's Accounts Payable and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.76
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents James Hardie 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 James Hardie Industries 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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from James Hardie's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into James Hardie Industries 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 James Hardie Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, James Hardie's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 295.4 M in 2025, whereas Sales General And Administrative To Revenue is likely to drop (0.15) in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit1.3B1.6B1.8B1.9B
Total Revenue3.8B3.9B4.5B4.8B

James Hardie fundamental ratios Correlations

0.70.880.94-0.020.930.930.590.910.880.850.740.870.710.82-0.610.97-0.460.830.970.730.730.84-0.430.680.81
0.70.930.660.110.650.540.50.580.370.540.370.80.480.51-0.480.7-0.350.360.70.760.260.56-0.130.50.52
0.880.930.810.070.80.80.610.750.610.70.550.90.630.67-0.590.87-0.420.60.870.840.490.71-0.320.660.72
0.940.660.81-0.31.00.890.590.80.80.860.610.90.50.82-0.330.94-0.560.770.930.750.690.78-0.340.60.74
-0.020.110.07-0.3-0.31-0.120.00.07-0.16-0.260.14-0.130.39-0.25-0.73-0.130.3-0.29-0.1-0.14-0.37-0.020.110.19-0.01
0.930.650.81.0-0.310.880.590.790.80.860.610.890.490.82-0.310.93-0.550.760.920.740.690.78-0.330.590.73
0.930.540.80.89-0.120.880.520.830.840.820.690.820.650.79-0.510.91-0.420.820.910.760.750.79-0.460.620.84
0.590.50.610.590.00.590.520.30.420.250.250.670.220.2-0.40.59-0.710.370.640.360.130.260.030.960.3
0.910.580.750.80.070.790.830.30.890.90.740.630.80.9-0.580.83-0.20.820.810.640.790.89-0.520.440.83
0.880.370.610.8-0.160.80.840.420.890.830.770.590.690.82-0.460.86-0.350.960.840.470.910.8-0.550.520.76
0.850.540.70.86-0.260.860.820.250.90.830.740.660.71.0-0.250.81-0.140.810.770.720.810.94-0.520.320.89
0.740.370.550.610.140.610.690.250.740.770.740.540.910.74-0.570.730.080.730.720.420.690.9-0.470.40.87
0.870.80.90.9-0.130.890.820.670.630.590.660.540.460.61-0.430.9-0.560.60.910.830.480.65-0.270.660.66
0.710.480.630.50.390.490.650.220.80.690.70.910.460.71-0.710.640.190.630.630.480.580.87-0.510.420.87
0.820.510.670.82-0.250.820.790.20.90.821.00.740.610.71-0.230.77-0.090.790.730.70.810.94-0.520.270.88
-0.61-0.48-0.59-0.33-0.73-0.31-0.51-0.4-0.58-0.46-0.25-0.57-0.43-0.71-0.23-0.540.14-0.37-0.57-0.28-0.24-0.430.25-0.61-0.46
0.970.70.870.94-0.130.930.910.590.830.860.810.730.90.640.77-0.54-0.510.851.00.720.760.8-0.450.650.78
-0.46-0.35-0.42-0.560.3-0.55-0.42-0.71-0.2-0.35-0.140.08-0.560.19-0.090.14-0.51-0.33-0.54-0.25-0.20.0-0.1-0.60.01
0.830.360.60.77-0.290.760.820.370.820.960.810.730.60.630.79-0.370.85-0.330.830.50.970.76-0.620.450.75
0.970.70.870.93-0.10.920.910.640.810.840.770.720.910.630.73-0.571.0-0.540.830.690.730.78-0.420.70.76
0.730.760.840.75-0.140.740.760.360.640.470.720.420.830.480.7-0.280.72-0.250.50.690.460.65-0.390.370.72
0.730.260.490.69-0.370.690.750.130.790.910.810.690.480.580.81-0.240.76-0.20.970.730.460.75-0.650.210.71
0.840.560.710.78-0.020.780.790.260.890.80.940.90.650.870.94-0.430.80.00.760.780.650.75-0.530.370.95
-0.43-0.13-0.32-0.340.11-0.33-0.460.03-0.52-0.55-0.52-0.47-0.27-0.51-0.520.25-0.45-0.1-0.62-0.42-0.39-0.65-0.53-0.07-0.61
0.680.50.660.60.190.590.620.960.440.520.320.40.660.420.27-0.610.65-0.60.450.70.370.210.37-0.070.43
0.810.520.720.74-0.010.730.840.30.830.760.890.870.660.870.88-0.460.780.010.750.760.720.710.95-0.610.43
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James Hardie Account Relationship Matchups

James Hardie fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets4.1B4.2B4.5B4.9B5.6B5.9B
Other Current Liab702.9M459.6M465.6M506.2M582.1M611.2M
Total Current Liabilities901.1M769.9M697.3M797.7M917.4M963.2M
Total Stockholder Equity1.1B1.3B1.6B1.9B2.1B2.2B
Other Liab1.1B1.2B1.2B1.0B1.2B1.2B
Retained Earnings611.4M892.4M1.2B1.4B1.7B1.7B
Accounts Payable174M273.6M198.2M252M289.8M304.3M
Cash208.5M125M113M365M419.8M440.7M
Other Assets1.4B1.3B1.2B1.2B1.3B1.4B
Long Term Debt858.6M877.3M1.1B1.1B1.3B1.3B
Good Will209.3M199.5M194.9M192.6M221.5M127.3M
Inventory218.3M279.7M344.2M337.8M388.5M203.3M
Other Current Assets177M313M281.1M354.4M407.6M427.9M
Total Liab3.0B2.9B2.9B3.1B3.5B2.2B
Intangible Assets173.9M162.8M155.2M149.2M171.6M90.7M
Property Plant Equipment1.4B1.4B1.5B1.9B2.2B2.3B
Common Stock Shares Outstanding445.4M445.9M445.6M439.6M395.6M356.2M
Liabilities And Stockholders Equity4.1B4.2B4.5B4.9B5.6B5.9B
Short Long Term Debt Total922.6M955.5M1.1B1.2B1.4B1.5B
Property Plant And Equipment Net1.4B1.5B1.9B2.1B2.4B2.5B
Current Deferred Revenue103M563.4M819.2M376.5M433.0M454.6M
Net Debt714.1M830.5M1.0B836M961.4M1.0B
Non Current Assets Total3.1B3.1B3.4B3.5B4.0B2.0B
Non Currrent Assets Other3.4M22.7M34.3M59.3M53.4M105.0M
Cash And Short Term Investments208.5M125M113M365M419.8M440.7M
Net Receivables339.8M373.9M336.8M371.2M426.9M221.2M
Short Term Investments26.6M119.7M140.9M178.4M205.2M215.4M
Non Current Liabilities Total2.1B2.1B2.2B2.3B2.6B1.9B
Other Stockholder Equity224.6M230.4M237.9M256.5M295.0M309.7M
Total Current Assets943.6M1.1B1.1B1.4B1.6B1.7B
Accumulated Other Comprehensive Income(6.6M)(22M)(53.3M)(68.3M)(61.5M)(58.4M)
Short Term Debt17.6M27.2M18.1M26.5M23.9M44.1M
Property Plant And Equipment Gross1.4B2.7B3.3B3.6B4.1B4.3B
Net Tangible Assets671.7M677.6M970.6M1.3B1.5B1.5B
Long Term Debt Total1.4B1.4B860.5M878.8M1.0B1.1B

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