SKS Accounts Payable vs Net Receivables Analysis

SKS Stock

2.22 0.05 2.30%

SKS Technologies financial indicator trend analysis is much more than just breaking down SKS Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SKS Technologies is a good investment. Please check the relationship between SKS Technologies Accounts Payable and its Net Receivables accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKS Technologies Group. 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 SKS Technologies Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have totally related.

The correlation between SKS Technologies' Accounts Payable and Net Receivables is 0.99. 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 SKS Technologies Group, assuming nothing else is changed. The correlation between historical values of SKS Technologies' 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 SKS Technologies Group 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., SKS Technologies' Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Accounts Payable

An accounting item on the balance sheet that represents SKS Technologies 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 SKS Technologies 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 SKS Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SKS Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SKS Technologies Group. 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 7.2 M in 2025, whereas Discontinued Operations is likely to drop (869.40) in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	772.1K	588.3K	529.5K	473.1K
Depreciation And Amortization	1.4M	932.8K	839.5K	460.6K

Interest Expense Depreciation And Amortization

SKS Technologies 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	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Good Will	Common Stock Shares Outstanding	Non Currrent Assets Other	Intangible Assets	Other Stockholder Equity
Total Assets		0.77	0.77	0.95	0.89	0.93	0.92	0.42	0.12	0.96	0.69	0.94	0.69	0.96	0.88	-0.29	-0.18	0.99	0.99	-0.01	0.73	0.73	0.79	0.0	0.03	0.05
Short Long Term Debt Total	0.77		0.53	0.67	0.73	0.78	0.57	0.81	0.11	0.65	0.47	0.8	0.47	0.67	0.84	-0.05	-0.07	0.75	0.74	0.4	0.52	0.51	0.54	-0.14	0.24	-0.01
Other Current Liab	0.77	0.53		0.73	0.65	0.72	0.71	0.25	0.18	0.68	0.55	0.68	0.55	0.72	0.63	-0.15	-0.09	0.77	0.77	-0.07	0.43	0.46	0.45	-0.1	0.13	-0.38
Total Current Liabilities	0.95	0.67	0.73		0.75	0.82	0.97	0.26	0.02	0.99	0.76	0.84	0.76	1.0	0.74	-0.43	-0.16	0.97	0.97	0.04	0.8	0.76	0.83	0.19	-0.18	0.02
Total Stockholder Equity	0.89	0.73	0.65	0.75		0.94	0.75	0.44	0.47	0.76	0.59	0.9	0.59	0.79	0.89	0.06	-0.26	0.8	0.85	-0.18	0.41	0.49	0.51	-0.38	0.39	0.0
Property Plant And Equipment Net	0.93	0.78	0.72	0.82	0.94		0.81	0.56	0.26	0.82	0.49	0.98	0.49	0.85	0.91	-0.13	-0.19	0.87	0.88	-0.14	0.56	0.65	0.66	-0.3	0.36	0.08
Current Deferred Revenue	0.92	0.57	0.71	0.97	0.75	0.81		0.15	0.11	0.97	0.77	0.82	0.77	0.98	0.7	-0.48	-0.1	0.94	0.94	-0.13	0.72	0.71	0.79	0.17	-0.2	0.05
Net Debt	0.42	0.81	0.25	0.26	0.44	0.56	0.15		-0.06	0.27	-0.13	0.6	-0.13	0.27	0.63	0.1	-0.02	0.39	0.33	0.41	0.29	0.35	0.32	-0.31	0.48	0.18
Retained Earnings	0.12	0.11	0.18	0.02	0.47	0.26	0.11	-0.06		-0.02	0.28	0.12	0.28	0.06	0.19	0.51	-0.16	-0.01	0.12	-0.32	-0.54	-0.49	-0.43	-0.63	0.48	-0.41
Accounts Payable	0.96	0.65	0.68	0.99	0.76	0.82	0.97	0.27	-0.02		0.73	0.86	0.73	0.99	0.75	-0.44	-0.17	0.97	0.97	0.01	0.83	0.79	0.87	0.21	-0.18	0.11
Cash	0.69	0.47	0.55	0.76	0.59	0.49	0.77	-0.13	0.28	0.73		0.47	1.0	0.76	0.49	-0.25	-0.09	0.69	0.76	0.05	0.46	0.36	0.45	0.22	-0.31	-0.29
Non Current Assets Total	0.94	0.8	0.68	0.84	0.9	0.98	0.82	0.6	0.12	0.86	0.47		0.47	0.86	0.9	-0.24	-0.22	0.91	0.89	-0.06	0.67	0.74	0.76	-0.16	0.25	0.2
Cash And Short Term Investments	0.69	0.47	0.55	0.76	0.59	0.49	0.77	-0.13	0.28	0.73	1.0	0.47		0.76	0.49	-0.25	-0.09	0.69	0.76	0.05	0.46	0.36	0.45	0.22	-0.31	-0.29
Net Receivables	0.96	0.67	0.72	1.0	0.79	0.85	0.98	0.27	0.06	0.99	0.76	0.86	0.76		0.77	-0.43	-0.14	0.97	0.98	-0.01	0.79	0.76	0.83	0.16	-0.15	0.03
Non Current Liabilities Total	0.88	0.84	0.63	0.74	0.89	0.91	0.7	0.63	0.19	0.75	0.49	0.9	0.49	0.77		-0.05	0.04	0.82	0.84	-0.1	0.57	0.59	0.62	-0.27	0.34	0.04
Inventory	-0.29	-0.05	-0.15	-0.43	0.06	-0.13	-0.48	0.1	0.51	-0.44	-0.25	-0.24	-0.25	-0.43	-0.05		-0.28	-0.4	-0.3	0.07	-0.61	-0.58	-0.65	-0.75	0.7	-0.29
Other Current Assets	-0.18	-0.07	-0.09	-0.16	-0.26	-0.19	-0.1	-0.02	-0.16	-0.17	-0.09	-0.22	-0.09	-0.14	0.04	-0.28		-0.14	-0.16	-0.25	-0.05	-0.09	-0.1	0.11	-0.14	-0.15
Total Liab	0.99	0.75	0.77	0.97	0.8	0.87	0.94	0.39	-0.01	0.97	0.69	0.91	0.69	0.97	0.82	-0.4	-0.14		0.99	0.05	0.8	0.78	0.84	0.14	-0.09	0.07
Total Current Assets	0.99	0.74	0.77	0.97	0.85	0.88	0.94	0.33	0.12	0.97	0.76	0.89	0.76	0.98	0.84	-0.3	-0.16	0.99		0.01	0.73	0.71	0.77	0.07	-0.05	-0.01
Short Term Debt	-0.01	0.4	-0.07	0.04	-0.18	-0.14	-0.13	0.41	-0.32	0.01	0.05	-0.06	0.05	-0.01	-0.1	0.07	-0.25	0.05	0.01		0.18	0.06	0.05	0.28	-0.2	-0.07
Common Stock	0.73	0.52	0.43	0.8	0.41	0.56	0.72	0.29	-0.54	0.83	0.46	0.67	0.46	0.79	0.57	-0.61	-0.05	0.8	0.73	0.18		0.95	0.97	0.47	-0.34	0.31
Good Will	0.73	0.51	0.46	0.76	0.49	0.65	0.71	0.35	-0.49	0.79	0.36	0.74	0.36	0.76	0.59	-0.58	-0.09	0.78	0.71	0.06	0.95		0.94	0.31	-0.19	0.39
Common Stock Shares Outstanding	0.79	0.54	0.45	0.83	0.51	0.66	0.79	0.32	-0.43	0.87	0.45	0.76	0.45	0.83	0.62	-0.65	-0.1	0.84	0.77	0.05	0.97	0.94		0.41	-0.29	0.39
Non Currrent Assets Other	0.0	-0.14	-0.1	0.19	-0.38	-0.3	0.17	-0.31	-0.63	0.21	0.22	-0.16	0.22	0.16	-0.27	-0.75	0.11	0.14	0.07	0.28	0.47	0.31	0.41		-0.94	0.13
Intangible Assets	0.03	0.24	0.13	-0.18	0.39	0.36	-0.2	0.48	0.48	-0.18	-0.31	0.25	-0.31	-0.15	0.34	0.7	-0.14	-0.09	-0.05	-0.2	-0.34	-0.19	-0.29	-0.94		-0.13
Other Stockholder Equity	0.05	-0.01	-0.38	0.02	0.0	0.08	0.05	0.18	-0.41	0.11	-0.29	0.2	-0.29	0.03	0.04	-0.29	-0.15	0.07	-0.01	-0.07	0.31	0.39	0.39	0.13	-0.13

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SKS Technologies Account Relationship Matchups

SKS Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	16.6M	30.6M	28.8M	59.7M	53.8M	52.3M
Short Long Term Debt Total	1.4M	7.7M	7.4M	7.6M	6.8M	7.2M
Total Current Liabilities	13.0M	21.1M	18.4M	41.0M	47.1M	49.5M
Total Stockholder Equity	1.8M	5.1M	5.6M	12.2M	11.0M	10.6M
Property Plant And Equipment Net	2.3M	6.0M	6.7M	9.9M	8.9M	9.4M
Current Deferred Revenue	4.2M	6.1M	3.7M	12.8M	14.7M	15.4M
Net Debt	1.3M	7.6M	7.4M	4.2M	3.8M	3.1M
Retained Earnings	(20.3M)	(17.2M)	(16.8M)	(10.4M)	(9.4M)	(8.9M)
Accounts Payable	7.9M	11.0M	8.7M	19.2M	22.1M	23.2M
Cash	109.2K	39.5K	8.6K	3.4M	3.9M	4.1M
Non Current Assets Total	4.9M	10.0M	10.3M	13.6M	12.3M	11.6M
Cash And Short Term Investments	109.2K	39.5K	8.6K	3.4M	3.9M	4.1M
Net Receivables	11.5M	20.2M	18.1M	42.3M	48.6M	51.0M
Liabilities And Stockholders Equity	16.6M	30.6M	28.8M	59.7M	53.8M	52.3M
Non Current Liabilities Total	1.8M	4.5M	4.9M	6.6M	5.9M	5.6M
Inventory	46.5K	102.9K	49.3K	142.1K	127.9K	121.5K
Other Current Assets	123.7K	287.7K	369.2K	354.1K	318.7K	302.8K
Total Liab	14.8M	25.5M	23.3M	47.6M	42.8M	41.6M
Total Current Assets	11.8M	20.6M	18.5M	46.1M	41.5M	43.6M
Short Term Debt	448.5K	3.5M	2.6M	1.7M	1.9M	2.0M
Common Stock	22.1M	22.1M	22.4M	22.6M	26.0M	27.3M
Non Currrent Assets Other	140.0K	115.7K	51.0	16.1K	14.5K	13.8K
Intangible Assets	30.5K	51.7K	1.9M	16.1K	14.5K	13.7K
Other Liab	1.0M	846.2K	269.2K	86.8K	99.8K	94.8K
Net Tangible Assets	(1.8M)	(78.6K)	3.2M	3.7M	4.3M	4.5M
Short Long Term Debt	3.3M	1.4M	2.7M	1.8M	1.6M	2.6M
Property Plant Equipment	1.1M	2.3M	6.0M	6.7M	7.7M	8.1M
Long Term Debt Total	482.5K	939.6K	4.2M	4.8M	5.5M	5.8M
Capital Lease Obligations	1.4M	5.0M	5.6M	7.6M	8.7M	9.2M
Net Invested Capital	1.8M	7.7M	7.4M	12.2M	14.0M	14.7M
Net Working Capital	(1.3M)	(448.6K)	103.9K	5.1M	5.9M	6.2M
Other Assets	680.0K	2.1M	1.0	2.1M	2.4M	2.5M

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