Rochester Accounts Payable vs Net Receivables Analysis

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

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rochester Resources Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have very week relationship.

The correlation between Rochester Resources' Accounts Payable and Net Receivables is 0.2. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Rochester Resources, assuming nothing else is changed. The correlation between historical values of Rochester Resources' Accounts Payable and Net Receivables 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 Rochester Resources are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., Rochester Resources' Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.2

Relationship Direction	Positive
Relationship Strength	Very Weak

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Accounts Payable

An accounting item on the balance sheet that represents Rochester Resources 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 Rochester Resources 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.

Net Receivables

Most indicators from Rochester Resources' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rochester Resources 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 Rochester Resources. 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 drop to about 649.6 K in 2024

Rochester Resources fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Net Receivables	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Total Current Assets	Common Stock	Property Plant Equipment	Other Assets	Intangible Assets	Other Liab	Long Term Debt	Inventory	Deferred Long Term Liab	Short Long Term Debt	Short Term Debt	Other Current Liab	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.33	0.78	0.82	0.78	-0.09	-0.4	0.76	0.13	0.29	-0.37	0.25	0.42	-0.29	0.99	0.15	0.25	-0.22	-0.55	0.46	0.15	0.59	0.68	-0.54	0.64	-0.22
Total Current Liabilities	-0.33		-0.6	-0.65	-0.53	0.16	0.38	-0.03	0.35	0.67	0.69	0.66	0.21	-0.53	-0.37	-0.01	0.66	0.17	0.55	0.24	-0.01	0.22	0.33	0.46	-0.65	-0.06
Total Stockholder Equity	0.78	-0.6		0.99	0.99	-0.58	-0.39	0.32	-0.29	-0.21	-0.81	-0.34	-0.13	0.28	0.85	0.47	-0.34	-0.7	-0.88	-0.01	0.47	0.63	0.16	-0.84	0.88	-0.61
Net Tangible Assets	0.82	-0.65	0.99		0.97	-0.45	-0.43	0.36	-0.27	-0.22	-0.8	-0.31	-0.08	0.21	0.87	0.33	-0.31	-0.59	-0.82	0.01	0.33	0.57	0.19	-0.82	0.89	-0.5
Retained Earnings	0.78	-0.53	0.99	0.97		-0.62	-0.39	0.34	-0.27	-0.13	-0.76	-0.3	-0.11	0.25	0.86	0.55	-0.3	-0.73	-0.89	0.0	0.55	0.69	0.21	-0.83	0.87	-0.65
Accounts Payable	-0.09	0.16	-0.58	-0.45	-0.62		-0.06	0.2	0.4	0.3	0.58	0.57	0.5	-0.64	-0.2	-0.88	0.57	0.95	0.79	0.29	-0.88	-0.58	0.28	0.54	-0.42	0.88
Cash	-0.4	0.38	-0.39	-0.43	-0.39	-0.06		-0.2	0.33	-0.04	0.31	-0.07	0.2	0.22	-0.44	0.05	-0.07	0.07	0.17	0.2	0.05	-0.17	-0.23	0.38	-0.5	0.01
Net Receivables	0.76	-0.03	0.32	0.36	0.34	0.2	-0.2		0.63	0.6	0.16	0.56	0.8	-0.52	0.68	0.0	0.56	0.17	-0.21	0.7	0.0	0.35	0.84	-0.05	0.1	0.15
Other Current Assets	0.13	0.35	-0.29	-0.27	-0.27	0.4	0.33	0.63		0.57	0.59	0.55	0.85	-0.43	0.02	-0.17	0.55	0.42	0.25	0.73	-0.17	-0.05	0.53	0.46	-0.53	0.37
Other Stockholder Equity	0.29	0.67	-0.21	-0.22	-0.13	0.3	-0.04	0.6	0.57		0.68	0.9	0.64	-0.81	0.23	0.05	0.9	0.26	0.3	0.53	0.05	0.39	0.84	0.3	-0.27	0.08
Total Liab	-0.37	0.69	-0.81	-0.8	-0.76	0.58	0.31	0.16	0.59	0.68		0.66	0.56	-0.54	-0.46	-0.25	0.66	0.68	0.74	0.39	-0.25	-0.34	0.32	0.86	-0.77	0.56
Long Term Investments	0.25	0.66	-0.34	-0.31	-0.3	0.57	-0.07	0.56	0.55	0.9	0.66		0.64	-0.96	0.16	-0.33	1.0	0.5	0.51	0.53	-0.33	0.21	0.83	0.34	-0.37	0.32
Total Current Assets	0.42	0.21	-0.13	-0.08	-0.11	0.5	0.2	0.8	0.85	0.64	0.56	0.64		-0.52	0.3	-0.2	0.64	0.53	0.18	0.88	-0.2	-0.03	0.69	0.37	-0.28	0.46
Common Stock	-0.29	-0.53	0.28	0.21	0.25	-0.64	0.22	-0.52	-0.43	-0.81	-0.54	-0.96	-0.52		-0.21	0.47	-0.96	-0.51	-0.52	-0.38	0.47	-0.19	-0.81	-0.26	0.27	-0.35
Property Plant Equipment	0.99	-0.37	0.85	0.87	0.86	-0.2	-0.44	0.68	0.02	0.23	-0.46	0.16	0.3	-0.21		0.24	0.16	-0.34	-0.63	0.35	0.24	0.65	0.61	-0.61	0.73	-0.32
Other Assets	0.15	-0.01	0.47	0.33	0.55	-0.88	0.05	0.0	-0.17	0.05	-0.25	-0.33	-0.2	0.47	0.24		-0.33	-0.79	-0.68	-0.05	1.0	0.58	-0.06	-0.36	0.36	-0.77
Intangible Assets	0.25	0.66	-0.34	-0.31	-0.3	0.57	-0.07	0.56	0.55	0.9	0.66	1.0	0.64	-0.96	0.16	-0.33		0.5	0.51	0.53	-0.33	0.21	0.83	0.34	-0.37	0.32
Other Liab	-0.22	0.17	-0.7	-0.59	-0.73	0.95	0.07	0.17	0.42	0.26	0.68	0.5	0.53	-0.51	-0.34	-0.79	0.5		0.78	0.33	-0.79	-0.71	0.18	0.69	-0.55	0.96
Long Term Debt	-0.55	0.55	-0.88	-0.82	-0.89	0.79	0.17	-0.21	0.25	0.3	0.74	0.51	0.18	-0.52	-0.63	-0.68	0.51	0.78		0.06	-0.68	-0.57	-0.01	0.67	-0.69	0.66
Inventory	0.46	0.24	-0.01	0.01	0.0	0.29	0.2	0.7	0.73	0.53	0.39	0.53	0.88	-0.38	0.35	-0.05	0.53	0.33	0.06		-0.05	0.09	0.58	0.19	-0.2	0.24
Deferred Long Term Liab	0.15	-0.01	0.47	0.33	0.55	-0.88	0.05	0.0	-0.17	0.05	-0.25	-0.33	-0.2	0.47	0.24	1.0	-0.33	-0.79	-0.68	-0.05		0.58	-0.06	-0.36	0.36	-0.77
Short Long Term Debt	0.59	0.22	0.63	0.57	0.69	-0.58	-0.17	0.35	-0.05	0.39	-0.34	0.21	-0.03	-0.19	0.65	0.58	0.21	-0.71	-0.57	0.09	0.58		0.52	-0.59	0.45	-0.81
Short Term Debt	0.68	0.33	0.16	0.19	0.21	0.28	-0.23	0.84	0.53	0.84	0.32	0.83	0.69	-0.81	0.61	-0.06	0.83	0.18	-0.01	0.58	-0.06	0.52		0.03	0.02	0.06
Other Current Liab	-0.54	0.46	-0.84	-0.82	-0.83	0.54	0.38	-0.05	0.46	0.3	0.86	0.34	0.37	-0.26	-0.61	-0.36	0.34	0.69	0.67	0.19	-0.36	-0.59	0.03		-0.86	0.67
Non Currrent Assets Other	0.64	-0.65	0.88	0.89	0.87	-0.42	-0.5	0.1	-0.53	-0.27	-0.77	-0.37	-0.28	0.27	0.73	0.36	-0.37	-0.55	-0.69	-0.2	0.36	0.45	0.02	-0.86		-0.48
Non Current Liabilities Total	-0.22	-0.06	-0.61	-0.5	-0.65	0.88	0.01	0.15	0.37	0.08	0.56	0.32	0.46	-0.35	-0.32	-0.77	0.32	0.96	0.66	0.24	-0.77	-0.81	0.06	0.67	-0.48

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Rochester Resources Account Relationship Matchups

Rochester Resources fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.5M	5.5M	6.1M	6.0M	5.6M	6.5M
Total Current Liabilities	26.3M	25.1M	27.3M	14.3M	18.3M	17.8M
Total Stockholder Equity	(24.8M)	(21.2M)	(23.1M)	(29.0M)	(34.1M)	(32.4M)
Net Tangible Assets	(24.8M)	(21.2M)	(23.1M)	(29.0M)	(26.1M)	(24.8M)
Retained Earnings	(77.6M)	(75.1M)	(77.8M)	(83.7M)	(88.8M)	(93.3M)
Accounts Payable	3.6M	4.9M	6.1M	9.1M	17.3M	18.1M
Cash	322.9K	668.5K	347.0K	181.5K	120.0K	114.0K
Net Receivables	758.8K	1.4M	1.3M	1.8M	1.8M	1.2M
Other Current Assets	30.9K	18.9K	50.0K	42.2K	48.5K	31.5K
Total Liab	27.4M	26.6M	29.2M	35.0M	39.8M	22.3M
Total Current Assets	1.8M	3.6M	3.8M	4.1M	4.2M	2.9M
Property Plant Equipment	728.0K	1.9M	2.3M	1.9M	1.7M	1.6M
Other Liab	1.1M	1.3M	1.5M	2.5M	2.9M	3.0M
Inventory	365.9K	928.5K	1.3M	1.1M	788.2K	782.5K
Other Current Liab	3.8M	2.4M	3.0M	4.4M	5.0M	2.7M
Non Current Liabilities Total	1.1M	1.5M	1.8M	20.7M	21.5M	22.6M
Non Current Assets Total	728.0K	1.9M	2.3M	1.9M	1.4M	1.5M
Net Invested Capital	(20.3M)	(16.8M)	(19.2M)	(19.0M)	(33.5M)	(31.9M)
Net Working Capital	(24.5M)	(21.5M)	(23.5M)	(10.2M)	(14.0M)	(14.8M)
Net Debt	4.3M	3.7M	3.5M	9.8M	469.9K	446.4K

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