Oak Pfcf Ratio vs Payables Turnover Analysis

OVLY Stock  USD 31.84  0.69  2.22%   
Oak Valley financial indicator trend analysis is much more than just breaking down Oak Valley Bancorp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oak Valley Bancorp is a good investment. Please check the relationship between Oak Valley Pfcf Ratio and its Payables Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oak Valley Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Pfcf Ratio vs Payables Turnover

Pfcf Ratio vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oak Valley Bancorp Pfcf Ratio account and Payables Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Oak Valley's Pfcf Ratio and Payables Turnover is -0.51. Overlapping area represents the amount of variation of Pfcf Ratio that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Oak Valley Bancorp, assuming nothing else is changed. The correlation between historical values of Oak Valley's Pfcf Ratio and Payables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pfcf Ratio of Oak Valley Bancorp are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Pfcf Ratio i.e., Oak Valley's Pfcf Ratio and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Pfcf Ratio

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
Most indicators from Oak Valley's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oak Valley Bancorp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oak Valley Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Oak Valley's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.41 in 2024, whereas Tax Provision is likely to drop slightly above 5.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense971K1.1M4.9M2.8M
Depreciation And Amortization1.3M1.3M1.1M1.1M

Oak Valley fundamental ratios Correlations

-0.460.520.530.950.83-0.70.950.670.570.420.920.550.05-0.720.650.260.640.950.55-0.35-0.260.910.590.72-0.25
-0.46-0.06-0.06-0.52-0.70.31-0.38-0.29-0.12-0.02-0.4-0.320.01-0.18-0.960.08-0.14-0.44-0.310.92-0.08-0.29-0.090.02-0.08
0.52-0.061.00.670.20.040.73-0.080.990.960.73-0.370.17-0.510.230.10.70.57-0.370.09-0.10.610.990.81-0.1
0.53-0.061.00.680.210.030.74-0.070.990.960.74-0.360.17-0.530.230.110.710.58-0.360.09-0.110.630.990.82-0.1
0.95-0.520.670.680.79-0.520.970.480.730.610.950.320.1-0.630.710.190.640.940.31-0.38-0.190.880.730.73-0.18
0.83-0.70.20.210.79-0.640.730.630.260.110.720.610.07-0.410.790.120.390.810.61-0.73-0.120.750.260.39-0.11
-0.70.310.040.03-0.52-0.64-0.48-1.0-0.010.1-0.38-0.890.080.51-0.4-0.19-0.12-0.58-0.880.30.19-0.47-0.03-0.190.19
0.95-0.380.730.740.970.73-0.480.440.770.630.980.290.07-0.710.590.270.760.930.29-0.24-0.270.950.780.87-0.26
0.67-0.29-0.08-0.070.480.63-1.00.44-0.03-0.140.350.9-0.08-0.50.370.190.10.550.89-0.3-0.190.45-0.010.16-0.18
0.57-0.120.990.990.730.26-0.010.77-0.030.970.75-0.330.13-0.510.290.130.660.61-0.330.04-0.130.621.00.79-0.13
0.42-0.020.960.960.610.110.10.63-0.140.970.62-0.470.11-0.420.180.10.520.47-0.480.12-0.10.470.970.67-0.1
0.92-0.40.730.740.950.72-0.380.980.350.750.620.230.2-0.710.60.160.770.940.23-0.26-0.160.930.770.85-0.15
0.55-0.32-0.37-0.360.320.61-0.890.290.9-0.33-0.470.23-0.17-0.320.370.240.040.421.0-0.35-0.240.38-0.30.04-0.24
0.050.010.170.170.10.070.080.07-0.080.130.110.2-0.17-0.2-0.05-0.90.380.15-0.140.00.90.120.150.130.9
-0.72-0.18-0.51-0.53-0.63-0.410.51-0.71-0.5-0.51-0.42-0.71-0.32-0.2-0.01-0.19-0.55-0.79-0.33-0.240.19-0.73-0.56-0.720.19
0.65-0.960.230.230.710.79-0.40.590.370.290.180.60.37-0.05-0.010.060.290.610.36-0.86-0.060.490.270.2-0.06
0.260.080.10.110.190.12-0.190.270.190.130.10.160.24-0.9-0.190.06-0.030.180.220.09-1.00.260.130.27-1.0
0.64-0.140.70.710.640.39-0.120.760.10.660.520.770.040.38-0.550.29-0.030.620.06-0.020.030.790.690.890.04
0.95-0.440.570.580.940.81-0.580.930.550.610.470.940.420.15-0.790.610.180.620.42-0.32-0.170.90.620.72-0.17
0.55-0.31-0.37-0.360.310.61-0.880.290.89-0.33-0.480.231.0-0.14-0.330.360.220.060.42-0.35-0.220.39-0.310.05-0.22
-0.350.920.090.09-0.38-0.730.3-0.24-0.30.040.12-0.26-0.350.0-0.24-0.860.09-0.02-0.32-0.35-0.09-0.190.070.14-0.09
-0.26-0.08-0.1-0.11-0.19-0.120.19-0.27-0.19-0.13-0.1-0.16-0.240.90.19-0.06-1.00.03-0.17-0.22-0.09-0.26-0.13-0.271.0
0.91-0.290.610.630.880.75-0.470.950.450.620.470.930.380.12-0.730.490.260.790.90.39-0.19-0.260.650.89-0.25
0.59-0.090.990.990.730.26-0.030.78-0.011.00.970.77-0.30.15-0.560.270.130.690.62-0.310.07-0.130.650.82-0.13
0.720.020.810.820.730.39-0.190.870.160.790.670.850.040.13-0.720.20.270.890.720.050.14-0.270.890.82-0.26
-0.25-0.08-0.1-0.1-0.18-0.110.19-0.26-0.18-0.13-0.1-0.15-0.240.90.19-0.06-1.00.04-0.17-0.22-0.091.0-0.25-0.13-0.26
Click cells to compare fundamentals

Oak Valley Account Relationship Matchups

Oak Valley fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.5B2.0B2.0B1.8B1.9B
Other Current Liab(15.3M)(14.0M)(14.9M)(27.4M)1.5B1.6B
Total Current Liabilities15.3M14.0M14.9M27.4M1.5B1.6B
Total Stockholder Equity112.6M129.7M142.6M126.6M166.1M174.4M
Property Plant And Equipment Net19.5M20.4M22.0M23.1M22.7M14.3M
Net Debt(133.8M)(193.6M)(735.3M)(415.8M)(180.1M)(171.1M)
Retained Earnings81.0M92.3M106.3M126.7M154.3M162.0M
Cash133.8M193.6M735.3M415.8M180.1M137.2M
Non Current Assets Total221.9M249.4M296.2M18.9M1.8B1.9B
Non Currrent Assets Other(5.0M)(5.9M)(6.0M)(571.4M)1.2B1.3B
Other Assets598.5M845.7M666.1M952.1M1.1B1.2B
Cash And Short Term Investments323.9M410.7M998.2M943.2M69.2M65.7M
Net Receivables3.5M5.7M4.1M7.9M8.4M6.2M
Common Stock Total Equity24.8M25.4M25.4M0.020.0230.0218
Common Stock Shares Outstanding8.1M8.1M8.2M8.2M8.2M8.3M
Liabilities And Stockholders Equity1.1B1.5B2.0B2.0B1.8B1.9B
Other Stockholder Equity3.8M4.2M4.7M5.2M5.5M5.8M
Total Liab15.3M14.0M14.9M1.8B1.7B1.8B
Property Plant And Equipment Gross19.5M35.1M31.7M34.1M34.9M36.7M
Total Current Assets327.4M416.4M1.0B997.4M69.2M65.7M
Accumulated Other Comprehensive Income2.4M7.7M6.2M(30.7M)(19.2M)(18.2M)
Accounts Payable15.3M14.0M14.9M27.4M24.7M23.4M
Non Current Liabilities Total109.6M149.6M214.5M27.4M1.7B1.8B
Other Liab9.0M7.6M7.4M19.3M22.2M23.3M
Short Term Investments190.1M217.2M262.9M527.4M518.1M492.2M
Property Plant Equipment15.2M20.4M22.0M23.1M26.5M15.5M
Inventory(151.1M)(232.3M)(782.3M)(391.3M)(706.5M)(671.2M)
Net Tangible Assets108.7M120.2M136.1M123.1M141.5M99.6M
Retained Earnings Total Equity61.4M70.7M81.0M92.3M106.2M61.1M
Capital Surpluse3.6M3.4M3.8M4.2M4.8M3.5M
Long Term Investments931.1M225.3M270.6M545.0M534.9M442.3M
Non Current Liabilities Other5.2M9.4M15.3M14.0M16.1M16.9M
Intangible Assets3.8M3.7M3.6M3.6M160K152K
Other Current Assets151.1M1.1M973K437.6M225.0M174.0M

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