LGI Accounts Payable vs Inventory Analysis

LGI Stock

2.89 0.01 0.34%

LGI financial indicator trend analysis is infinitely more than just investigating LGI recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LGI is a good investment. Please check the relationship between LGI Accounts Payable and its Inventory accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LGI Accounts Payable account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between LGI's Accounts Payable and Inventory is -0.35. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of LGI, assuming nothing else is changed. The correlation between historical values of LGI's Accounts Payable and Inventory 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 LGI are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., LGI's Accounts Payable and Inventory go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents LGI 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 LGI 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.

Inventory

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

Selling General Administrative is likely to gain to about 1.4 M in 2025, whereas Tax Provision is likely to drop slightly above 2 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	899K	1.1M	1.3M	900.3K
Depreciation And Amortization	4.7M	5.3M	6.1M	3.6M

Interest Expense Depreciation And Amortization

LGI fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Other Assets
Total Assets		0.91	0.89	0.76	0.9	0.98	0.87	0.53	0.88	0.67	0.14	0.98	0.8	0.19	0.43	-0.41	0.62	0.82	-0.4	0.81	0.9	0.89	0.75	0.99	0.9	-0.4
Short Long Term Debt Total	0.91		0.85	0.59	0.82	0.95	0.87	0.65	0.84	0.76	-0.11	0.94	0.72	-0.05	0.67	-0.39	0.55	0.83	-0.39	0.77	0.84	0.69	0.69	0.91	0.79	-0.39
Other Current Liab	0.89	0.85		0.59	0.99	0.89	0.92	0.42	0.98	0.62	0.0	0.89	0.88	0.07	0.41	-0.67	0.7	0.66	-0.67	0.96	0.72	0.75	0.9	0.91	0.96	-0.67
Total Current Liabilities	0.76	0.59	0.59		0.64	0.64	0.72	0.12	0.56	0.55	0.73	0.64	0.47	0.75	0.48	-0.26	0.33	0.54	-0.25	0.4	0.79	0.94	0.5	0.72	0.74	-0.25
Total Stockholder Equity	0.9	0.82	0.99	0.64		0.89	0.89	0.39	0.99	0.62	0.07	0.88	0.89	0.15	0.35	-0.69	0.72	0.66	-0.68	0.95	0.73	0.79	0.86	0.9	0.98	-0.68
Property Plant And Equipment Net	0.98	0.95	0.89	0.64	0.89		0.86	0.63	0.9	0.7	-0.03	1.0	0.82	0.02	0.46	-0.42	0.63	0.86	-0.42	0.85	0.88	0.79	0.73	0.97	0.86	-0.42
Current Deferred Revenue	0.87	0.87	0.92	0.72	0.89	0.86		0.43	0.88	0.79	0.13	0.85	0.76	0.2	0.61	-0.56	0.58	0.7	-0.56	0.81	0.79	0.78	0.8	0.9	0.89	-0.56
Net Debt	0.53	0.65	0.42	0.12	0.39	0.63	0.43		0.51	0.49	-0.42	0.65	0.65	-0.47	0.44	-0.34	0.51	0.89	-0.34	0.52	0.7	0.17	0.29	0.49	0.27	-0.34
Retained Earnings	0.88	0.84	0.98	0.56	0.99	0.9	0.88	0.51		0.63	-0.03	0.9	0.94	0.03	0.36	-0.73	0.76	0.72	-0.73	0.98	0.75	0.72	0.84	0.88	0.94	-0.73
Accounts Payable	0.67	0.76	0.62	0.55	0.62	0.7	0.79	0.49	0.63		-0.02	0.68	0.52	0.03	0.5	-0.35	0.4	0.63	-0.35	0.55	0.68	0.52	0.29	0.67	0.6	-0.35
Cash	0.14	-0.11	0.0	0.73	0.07	-0.03	0.13	-0.42	-0.03	-0.02		-0.03	-0.06	0.99	0.11	0.01	-0.06	-0.05	0.01	-0.18	0.25	0.56	0.06	0.09	0.24	0.01
Non Current Assets Total	0.98	0.94	0.89	0.64	0.88	1.0	0.85	0.65	0.9	0.68	-0.03		0.83	0.01	0.43	-0.42	0.64	0.86	-0.42	0.85	0.88	0.79	0.73	0.97	0.85	-0.42
Non Currrent Assets Other	0.8	0.72	0.88	0.47	0.89	0.82	0.76	0.65	0.94	0.52	-0.06	0.83		-0.04	0.29	-0.79	0.82	0.8	-0.79	0.94	0.77	0.61	0.76	0.77	0.83	-0.79
Cash And Short Term Investments	0.19	-0.05	0.07	0.75	0.15	0.02	0.2	-0.47	0.03	0.03	0.99	0.01	-0.04		0.14	-0.02	-0.05	-0.08	-0.02	-0.12	0.24	0.61	0.13	0.15	0.32	-0.02
Net Receivables	0.43	0.67	0.41	0.48	0.35	0.46	0.61	0.44	0.36	0.5	0.11	0.43	0.29	0.14		-0.22	0.16	0.56	-0.21	0.24	0.6	0.36	0.42	0.45	0.35	-0.21
Good Will	-0.41	-0.39	-0.67	-0.26	-0.69	-0.42	-0.56	-0.34	-0.73	-0.35	0.01	-0.42	-0.79	-0.02	-0.22		-0.85	-0.42	1.0	-0.74	-0.41	-0.31	-0.59	-0.39	-0.63	1.0
Common Stock Shares Outstanding	0.62	0.55	0.7	0.33	0.72	0.63	0.58	0.51	0.76	0.4	-0.06	0.64	0.82	-0.05	0.16	-0.85		0.62	-0.85	0.77	0.58	0.46	0.61	0.59	0.66	-0.85
Non Current Liabilities Total	0.82	0.83	0.66	0.54	0.66	0.86	0.7	0.89	0.72	0.63	-0.05	0.86	0.8	-0.08	0.56	-0.42	0.62		-0.42	0.67	0.94	0.59	0.53	0.78	0.6	-0.42
Inventory	-0.4	-0.39	-0.67	-0.25	-0.68	-0.42	-0.56	-0.34	-0.73	-0.35	0.01	-0.42	-0.79	-0.02	-0.21	1.0	-0.85	-0.42		-0.74	-0.41	-0.31	-0.59	-0.38	-0.63	1.0
Other Current Assets	0.81	0.77	0.96	0.4	0.95	0.85	0.81	0.52	0.98	0.55	-0.18	0.85	0.94	-0.12	0.24	-0.74	0.77	0.67	-0.74		0.65	0.6	0.83	0.82	0.88	-0.74
Total Liab	0.9	0.84	0.72	0.79	0.73	0.88	0.79	0.7	0.75	0.68	0.25	0.88	0.77	0.24	0.6	-0.41	0.58	0.94	-0.41	0.65		0.8	0.58	0.85	0.73	-0.41
Total Current Assets	0.89	0.69	0.75	0.94	0.79	0.79	0.78	0.17	0.72	0.52	0.56	0.79	0.61	0.61	0.36	-0.31	0.46	0.59	-0.31	0.6	0.8		0.69	0.87	0.87	-0.31
Short Term Debt	0.75	0.69	0.9	0.5	0.86	0.73	0.8	0.29	0.84	0.29	0.06	0.73	0.76	0.13	0.42	-0.59	0.61	0.53	-0.59	0.83	0.58	0.69		0.8	0.84	-0.59
Intangible Assets	0.99	0.91	0.91	0.72	0.9	0.97	0.9	0.49	0.88	0.67	0.09	0.97	0.77	0.15	0.45	-0.39	0.59	0.78	-0.38	0.82	0.85	0.87	0.8		0.9	-0.38
Common Stock	0.9	0.79	0.96	0.74	0.98	0.86	0.89	0.27	0.94	0.6	0.24	0.85	0.83	0.32	0.35	-0.63	0.66	0.6	-0.63	0.88	0.73	0.87	0.84	0.9		-0.63
Other Assets	-0.4	-0.39	-0.67	-0.25	-0.68	-0.42	-0.56	-0.34	-0.73	-0.35	0.01	-0.42	-0.79	-0.02	-0.21	1.0	-0.85	-0.42	1.0	-0.74	-0.41	-0.31	-0.59	-0.38	-0.63

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LGI Account Relationship Matchups

LGI fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	39.2M	71.0M	63.4M	88.6M	101.9M	54.6M
Short Long Term Debt Total	20.8M	21.2M	19.4M	24.7M	28.4M	20.3M
Other Current Liab	802.9K	1.8M	2.4M	4.1M	4.8M	5.0M
Total Current Liabilities	3.5M	16.7M	4.0M	7.2M	8.3M	5.9M
Total Stockholder Equity	13.4M	36.3M	49.4M	52.8M	60.7M	63.8M
Property Plant And Equipment Net	28.6M	35.5M	42.4M	55.8M	64.1M	35.5M
Net Debt	20.3M	1.3M	1.4M	22.2M	25.6M	13.2M
Retained Earnings	6.3M	9.7M	15.8M	20.4M	23.4M	24.6M
Accounts Payable	556.9K	1.1M	935K	893K	1.0M	954.0K
Cash	928K	18.1M	52K	2.4M	2.8M	4.4M
Non Current Assets Total	32.3M	40.0M	47.4M	67.4M	77.5M	40.3M
Non Currrent Assets Other	1.4M	1.7M	1.5M	6.9M	7.9M	8.3M
Cash And Short Term Investments	973.4K	928K	18.1M	2.4M	2.8M	5.2M
Net Receivables	2.3M	1.7M	1.2M	909K	1.0M	1.4M
Liabilities And Stockholders Equity	35.6M	39.2M	71.0M	88.6M	101.9M	52.1M
Non Current Liabilities Total	22.4M	18.1M	10.0M	28.6M	32.9M	19.9M
Other Current Assets	3.7M	2.4M	13.4M	17.9M	20.6M	21.6M
Total Liab	25.8M	34.7M	14.0M	35.8M	41.2M	25.8M
Total Current Assets	6.9M	31.0M	16.0M	21.2M	24.4M	14.3M
Accumulated Other Comprehensive Income	563.7K	624K	(5.2M)	197K	177.3K	186.2K
Short Term Debt	201.5K	636K	661K	1.0M	1.2M	1.3M
Intangible Assets	2.0M	2.9M	3.2M	3.9M	4.5M	2.2M
Common Stock	6.1M	6.4M	31.8M	32.2M	37.1M	38.9M

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