Sprouts Net Working Capital vs Accounts Payable Analysis

SFM Stock  USD 66.98  1.08  1.64%   
Sprouts Farmers financial indicator trend analysis is much more than just breaking down Sprouts Farmers Market prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprouts Farmers Market is a good investment. Please check the relationship between Sprouts Farmers Net Working Capital and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprouts Farmers Market. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.

Net Working Capital vs Accounts Payable

Net Working Capital vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprouts Farmers Market Net Working Capital account and Accounts Payable. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sprouts Farmers' Net Working Capital and Accounts Payable is 0.12. Overlapping area represents the amount of variation of Net Working Capital that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sprouts Farmers Market, assuming nothing else is changed. The correlation between historical values of Sprouts Farmers' Net Working Capital and Accounts Payable 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 Working Capital of Sprouts Farmers Market are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Working Capital i.e., Sprouts Farmers' Net Working Capital and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Net Working Capital

Accounts Payable

An accounting item on the balance sheet that represents Sprouts Farmers 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 Sprouts Farmers Market 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.
Most indicators from Sprouts Farmers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprouts Farmers Market 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 Sprouts Farmers Market. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
As of the 27th of April 2024, Selling General Administrative is likely to drop to about 1.1 B. In addition to that, Tax Provision is likely to drop to about 76.1 M
 2021 2022 2023 2024 (projected)
Interest Expense11.7M9.0M12.6M15.4M
Depreciation And Amortization238.7M255.4M265.0M138.7M

Sprouts Farmers fundamental ratios Correlations

-0.33-0.44-0.46-0.28-0.090.14-0.380.04-0.45-0.20.02-0.21-0.350.23-0.10.36-0.21-0.210.310.67-0.42-0.190.070.18-0.39
-0.330.950.850.990.860.30.990.30.920.620.530.781.0-0.130.26-0.490.780.440.55-0.390.960.910.470.670.98
-0.440.950.760.90.670.090.970.330.990.450.430.710.96-0.170.29-0.380.710.280.37-0.521.00.790.330.460.99
-0.460.850.760.860.790.290.830.110.730.780.330.720.84-0.130.32-0.710.720.620.43-0.530.770.760.360.540.8
-0.280.990.90.860.890.410.970.230.870.620.580.760.98-0.120.29-0.480.760.480.59-0.330.920.940.560.710.95
-0.090.860.670.790.890.390.80.340.60.840.420.830.82-0.080.18-0.660.830.530.67-0.120.670.830.550.860.74
0.140.30.090.290.410.390.26-0.530.120.070.83-0.090.290.14-0.060.13-0.090.630.550.20.190.660.460.50.24
-0.380.990.970.830.970.80.260.30.950.560.510.741.0-0.130.3-0.470.740.410.46-0.430.980.890.430.590.99
0.040.30.330.110.230.34-0.530.30.270.41-0.390.560.3-0.060.18-0.460.56-0.250.120.020.270.030.040.250.26
-0.450.920.990.730.870.60.120.950.270.360.470.620.94-0.130.29-0.310.620.290.34-0.530.990.780.280.40.98
-0.20.620.450.780.620.840.070.560.410.360.020.790.58-0.090.12-0.920.790.540.44-0.230.430.50.260.660.48
0.020.530.430.330.580.420.830.51-0.390.470.020.050.530.07-0.090.190.050.530.610.030.510.790.40.560.53
-0.210.780.710.720.760.83-0.090.740.560.620.790.050.75-0.310.18-0.661.00.140.42-0.270.670.570.50.630.71
-0.351.00.960.840.980.820.291.00.30.940.580.530.75-0.110.29-0.470.750.430.52-0.410.970.90.430.640.99
0.23-0.13-0.17-0.13-0.12-0.080.14-0.13-0.06-0.13-0.090.07-0.31-0.110.160.03-0.310.260.140.33-0.15-0.1-0.450.17-0.15
-0.10.260.290.320.290.18-0.060.30.180.290.12-0.090.180.290.16-0.20.18-0.160.05-0.030.270.130.160.070.28
0.36-0.49-0.38-0.71-0.48-0.660.13-0.47-0.46-0.31-0.920.19-0.66-0.470.03-0.2-0.66-0.45-0.120.36-0.34-0.31-0.07-0.4-0.38
-0.210.780.710.720.760.83-0.090.740.560.620.790.051.00.75-0.310.18-0.660.140.42-0.270.670.570.50.630.71
-0.210.440.280.620.480.530.630.41-0.250.290.540.530.140.430.26-0.16-0.450.140.48-0.260.340.6-0.050.510.37
0.310.550.370.430.590.670.550.460.120.340.440.610.420.520.140.05-0.120.420.480.150.410.660.340.840.46
0.67-0.39-0.52-0.53-0.33-0.120.2-0.430.02-0.53-0.230.03-0.27-0.410.33-0.030.36-0.27-0.260.15-0.5-0.220.190.17-0.46
-0.420.961.00.770.920.670.190.980.270.990.430.510.670.97-0.150.27-0.340.670.340.41-0.50.830.350.491.0
-0.190.910.790.760.940.830.660.890.030.780.50.790.570.9-0.10.13-0.310.570.60.66-0.220.830.580.740.87
0.070.470.330.360.560.550.460.430.040.280.260.40.50.43-0.450.16-0.070.5-0.050.340.190.350.580.450.41
0.180.670.460.540.710.860.50.590.250.40.660.560.630.640.170.07-0.40.630.510.840.170.490.740.450.55
-0.390.980.990.80.950.740.240.990.260.980.480.530.710.99-0.150.28-0.380.710.370.46-0.461.00.870.410.55
Click cells to compare fundamentals

Sprouts Farmers Account Relationship Matchups

Sprouts Farmers fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding119.7M118.2M116.1M109.1M103.4M102.5M
Total Assets2.7B2.8B2.9B3.1B3.3B2.1B
Short Long Term Debt Total1.7B1.5B1.5B1.5B1.7B963.9M
Other Current Liab48.6M220.1M214.7M212.9M239.6M251.6M
Total Current Liabilities416.8M496.1M513.5M522.4M546.9M357.0M
Total Stockholder Equity582.0M881.3M959.9M1.0B1.1B779.1M
Other Liab91.3M93.2M94.2M97.5M112.1M109.3M
Property Plant And Equipment Net1.8B1.8B1.8B1.8B2.1B1.1B
Current Deferred Revenue(35.3M)(34.2M)54.4M58.1M52.3M27.0M
Net Debt1.6B1.3B1.3B1.2B1.5B840.8M
Retained Earnings(84.4M)203.0M258.8M320.0M373.6M392.3M
Accounts Payable261.3M139.3M145.9M172.9M179.9M173.5M
Cash85.3M169.7M245.3M293.2M201.8M123.1M
Non Current Assets Total2.3B2.3B2.4B2.4B2.7B1.7B
Non Currrent Assets Other11.7M14.7M13.5M(47.2M)12.3M12.9M
Other Assets11.7M1.1B13.5M14.0M16.1M15.3M
Long Term Debt473.5M572.6M538M250M125M118.8M
Cash And Short Term Investments85.3M169.7M245.3M293.2M201.8M123.1M
Net Receivables15.7M14.8M21.6M16.1M53.9M56.6M
Common Stock Total Equity117K118K111K105K94.5K99.2K
Liabilities And Stockholders Equity2.7B2.8B2.9B3.1B3.3B2.1B
Non Current Liabilities Total1.7B1.4B1.4B1.5B1.6B1.0B
Inventory276.0M254.2M265.4M310.5M323.2M229.8M
Other Current Assets10.8M27.2M35.5M53.9M770K731.5K
Other Stockholder Equity671.0M686.6M704.7M726.3M774.8M711.7M
Total Liab2.1B1.9B2.0B2.0B2.2B1.4B
Property Plant And Equipment Gross1.8B1.8B1.8B1.8B3.1B3.3B
Total Current Assets387.8M466.0M567.7M673.8M603.8M407.3M
Accumulated Other Comprehensive Income1.1M(4.7M)(8.5M)(3.8M)(4.3M)(4.5M)
Short Term Debt106.9M136.7M152.8M136.6M127.3M64.2M
Intangible Assets196.2M194.8M185.4M185.0M208.1M154.6M
Common Stock117K118K111K105K101K100.7K
Property Plant Equipment1.8B726.5M716.0M722.2M830.6M718.8M
Net Tangible Assets28.5M327.5M406.0M492.6M566.5M594.8M
Capital Surpluse671.0M686.6M704.7M726.3M835.3M699.2M
Non Current Liabilities Other17.5M1.4B1.4B1.4B13.4M12.8M

Sprouts Farmers Investors Sentiment

The influence of Sprouts Farmers' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sprouts. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sprouts Farmers' public news can be used to forecast risks associated with an investment in Sprouts. The trend in average sentiment can be used to explain how an investor holding Sprouts can time the market purely based on public headlines and social activities around Sprouts Farmers Market. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sprouts Farmers' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sprouts Farmers' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sprouts Farmers' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sprouts Farmers.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sprouts Farmers in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sprouts Farmers' short interest history, or implied volatility extrapolated from Sprouts Farmers options trading.

Currently Active Assets on Macroaxis

When determining whether Sprouts Farmers Market is a strong investment it is important to analyze Sprouts Farmers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sprouts Farmers' future performance. For an informed investment choice regarding Sprouts Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprouts Farmers Market. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Sprouts Farmers Market information on this page should be used as a complementary analysis to other Sprouts Farmers' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Sprouts Farmers' price analysis, check to measure Sprouts Farmers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sprouts Farmers is operating at the current time. Most of Sprouts Farmers' value examination focuses on studying past and present price action to predict the probability of Sprouts Farmers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sprouts Farmers' price. Additionally, you may evaluate how the addition of Sprouts Farmers to your portfolios can decrease your overall portfolio volatility.
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Is Sprouts Farmers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sprouts Farmers. If investors know Sprouts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sprouts Farmers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.176
Earnings Share
2.5
Revenue Per Share
66.72
Quarterly Revenue Growth
0.077
Return On Assets
0.0756
The market value of Sprouts Farmers Market is measured differently than its book value, which is the value of Sprouts that is recorded on the company's balance sheet. Investors also form their own opinion of Sprouts Farmers' value that differs from its market value or its book value, called intrinsic value, which is Sprouts Farmers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sprouts Farmers' market value can be influenced by many factors that don't directly affect Sprouts Farmers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sprouts Farmers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprouts Farmers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprouts Farmers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.