Playtech Net Receivables vs Total Revenue Analysis

PTEC Stock   749.00  10.00  1.35%   
Playtech Plc financial indicator trend analysis is much more than just breaking down Playtech Plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Playtech Plc is a good investment. Please check the relationship between Playtech Plc Net Receivables and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Playtech Plc. 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.

Net Receivables vs Total Revenue

Net Receivables vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Playtech Plc Net Receivables account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Playtech Plc's Net Receivables and Total Revenue is 0.96. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Playtech Plc, assuming nothing else is changed. The correlation between historical values of Playtech Plc's Net Receivables and Total 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 Net Receivables of Playtech Plc are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Net Receivables i.e., Playtech Plc's Net Receivables and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Net Receivables

Total Revenue

Total revenue comprises all receipts Playtech Plc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Playtech Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Playtech Plc 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 Playtech Plc. 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.
Tax Provision is likely to gain to about 137.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 86.9 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense47.6M50.2M36.9M38.7M
Depreciation And Amortization170.3M170.9M194.8M204.5M

Playtech Plc fundamental ratios Correlations

0.880.660.840.890.90.880.680.820.770.580.970.50.650.580.910.680.90.6-0.190.870.870.79-0.130.730.8
0.880.670.880.610.850.980.780.510.730.620.780.150.380.620.720.540.940.82-0.280.970.720.92-0.250.760.74
0.660.670.690.460.730.630.540.340.730.410.650.30.140.410.650.520.650.3-0.120.670.550.520.290.750.57
0.840.880.690.60.850.870.760.510.90.450.80.140.350.450.670.610.760.68-0.160.940.720.76-0.160.860.74
0.890.610.460.60.720.630.360.970.650.550.910.70.740.550.890.690.650.27-0.050.60.80.6-0.010.520.74
0.90.850.730.850.720.860.830.710.810.320.90.510.660.320.680.40.840.61-0.50.840.950.64-0.250.690.56
0.880.980.630.870.630.860.720.570.720.640.770.160.40.640.690.550.90.8-0.270.940.730.92-0.320.750.69
0.680.780.540.760.360.830.720.330.580.00.690.190.50.00.410.170.790.79-0.590.80.760.49-0.420.550.36
0.820.510.340.510.970.710.570.330.580.40.860.780.850.40.750.520.560.22-0.20.480.840.47-0.140.370.56
0.770.730.730.90.650.810.720.580.580.430.790.280.350.430.660.610.610.35-0.120.80.70.590.080.870.72
0.580.620.410.450.550.320.640.00.40.430.410.03-0.021.00.680.670.560.290.340.570.20.850.20.550.77
0.970.780.650.80.910.90.770.690.860.790.410.610.730.410.880.630.820.48-0.230.790.920.63-0.090.690.74
0.50.150.30.140.70.510.160.190.780.280.030.610.830.030.490.120.29-0.1-0.350.120.70.040.09-0.010.2
0.650.380.140.350.740.660.40.50.850.35-0.020.730.83-0.020.480.130.480.31-0.550.360.860.22-0.380.080.25
0.580.620.410.450.550.320.640.00.40.431.00.410.03-0.020.680.670.560.290.340.570.20.850.20.550.77
0.910.720.650.670.890.680.690.410.750.660.680.880.490.480.680.830.780.370.140.720.650.720.20.710.91
0.680.540.520.610.690.40.550.170.520.610.670.630.120.130.670.830.50.240.510.580.320.640.310.710.87
0.90.940.650.760.650.840.90.790.560.610.560.820.290.480.560.780.50.77-0.310.910.750.84-0.220.690.71
0.60.820.30.680.270.610.80.790.220.350.290.48-0.10.310.290.370.240.77-0.410.780.520.74-0.590.450.42
-0.19-0.28-0.12-0.16-0.05-0.5-0.27-0.59-0.2-0.120.34-0.23-0.35-0.550.340.140.51-0.31-0.41-0.21-0.56-0.020.630.110.27
0.870.970.670.940.60.840.940.80.480.80.570.790.120.360.570.720.580.910.78-0.210.710.88-0.190.840.79
0.870.720.550.720.80.950.730.760.840.70.20.920.70.860.20.650.320.750.52-0.560.710.51-0.310.50.47
0.790.920.520.760.60.640.920.490.470.590.850.630.040.220.850.720.640.840.74-0.020.880.51-0.170.690.81
-0.13-0.250.29-0.16-0.01-0.25-0.32-0.42-0.140.080.2-0.090.09-0.380.20.20.31-0.22-0.590.63-0.19-0.31-0.170.120.23
0.730.760.750.860.520.690.750.550.370.870.550.69-0.010.080.550.710.710.690.450.110.840.50.690.120.79
0.80.740.570.740.740.560.690.360.560.720.770.740.20.250.770.910.870.710.420.270.790.470.810.230.79
Click cells to compare fundamentals

Playtech Plc Account Relationship Matchups

Playtech Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.1B3.1B3.7B3.0B3.3B3.5B
Short Long Term Debt Total1.0B1.3B1.1B633.4M732.9M576.6M
Other Current Liab563.8M621.9M3.9M330.7M395M414.8M
Total Current Liabilities777.2M822.7M835.1M756.4M598.7M338.1M
Total Stockholder Equity1.2B899.6M1.6B1.7B1.8B1.9B
Property Plant And Equipment Net450.6M423.8M403.5M413M421.2M442.3M
Current Deferred Revenue542.5M665.2M665.6M353.6M406.6M369.2M
Net Debt355.0M580.9M556.8M206.9M216.7M227.5M
Retained Earnings659.8M347.2M1.0B1.1B1.2B1.3B
Accounts Payable62.4M35.1M33.5M61.2M46M23.1M
Cash671.5M683.7M575.4M426.5M516.2M378.3M
Non Current Assets Total2.1B1.7B2.3B2.3B2.5B2.6B
Non Currrent Assets Other12.2M14.3M11.8M747.1M989.9M1.0B
Other Assets15.9M52.7M88.9M836.1M961.5M1.0B
Cash And Short Term Investments671.5M683.7M575.4M426.5M516.2M378.3M
Common Stock Shares Outstanding308.0M310.8M312.1M311.9M311.9M306.3M
Liabilities And Stockholders Equity3.1B3.1B3.7B3.0B3.3B3.5B
Non Current Liabilities Total1.1B1.3B1.2B565M920.9M966.9M
Other Current Assets178.0M562.6M594.5M127.2M119.8M113.9M
Total Liab1.9B2.2B2.1B1.3B1.5B770.5M
Property Plant And Equipment Gross445.0M417.3M613.3M650.3M692M726.6M
Total Current Assets1.0B1.4B1.4B723.1M849.9M569.8M
Accumulated Other Comprehensive Income(34.2M)(39.9M)(50.1M)(16.5M)(24.8M)(26.0M)
Short Term Debt25.7M21M(645.3M)231.4M24.9M23.7M
Intangible Assets614.3M463.3M397.6M371.1M391.5M261.9M
Other Liab201.7M97.4M98.2M124.1M142.7M87.8M
Net Receivables192.8M153.2M178.5M163.9M207.1M217.5M
Short Term Investments(3.2M)(37.8M)(71.2M)(721.4M)(649.3M)(616.8M)
Property Plant Equipment420.8M396.3M366.7M372.9M428.8M450.3M
Good Will885.6M633.9M648.5M609.8M529M397.6M
Long Term Debt935.6M1.2B1.0B348M646.1M565.5M
Net Tangible Assets(303.1M)(225.2M)498M680M612M642.6M
Treasury Stock(21.6M)(17.9M)(16.2M)(14.5M)(16.6M)(17.5M)

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