5I5j Other Current Assets vs Accounts Payable Analysis

000560 Stock   3.18  0.10  3.05%   
5I5j Holding financial indicator trend analysis is way more than just evaluating 5I5j Holding Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 5I5j Holding Group is a good investment. Please check the relationship between 5I5j Holding Other Current Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 5I5j Holding 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 nation.

Other Current Assets vs Accounts Payable

Other Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 5I5j Holding Group Other Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between 5I5j Holding's Other Current Assets and Accounts Payable is -0.12. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of 5I5j Holding Group, assuming nothing else is changed. The correlation between historical values of 5I5j Holding's Other Current Assets 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 Other Current Assets of 5I5j Holding Group 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 Other Current Assets i.e., 5I5j Holding's Other Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accounts Payable

An accounting item on the balance sheet that represents 5I5j Holding 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 5I5j Holding Group 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 5I5j Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 5I5j Holding Group 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in 5I5j Holding 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 nation.
The current year's Selling General Administrative is expected to grow to about 1.1 B, whereas Tax Provision is projected to grow to (5.8 M).
 2021 2022 2023 2024 (projected)
Cost Of Revenue9.8B10.7B10.9B11.5B
Total Revenue12.0B11.7B12.1B12.7B

5I5j Holding fundamental ratios Correlations

0.520.990.910.75-0.010.950.98-0.030.38-0.32-0.540.920.980.870.920.860.760.80.440.870.84-0.810.860.960.93
0.520.420.730.770.130.640.5-0.190.82-0.05-0.440.320.380.740.580.080.840.66-0.020.580.78-0.750.750.670.6
0.990.420.840.65-0.070.910.95-0.030.26-0.31-0.510.951.00.790.850.920.680.710.50.840.77-0.770.810.940.89
0.910.730.840.940.050.940.92-0.090.68-0.3-0.60.70.810.970.980.580.860.910.260.890.95-0.860.90.930.96
0.750.770.650.940.130.820.78-0.080.85-0.31-0.620.440.60.960.910.330.760.890.030.790.96-0.810.780.80.87
-0.010.13-0.070.050.13-0.040.050.770.24-0.130.28-0.12-0.050.13-0.01-0.15-0.080.21-0.72-0.190.070.23-0.16-0.07-0.15
0.950.640.910.940.82-0.040.93-0.080.45-0.28-0.60.810.890.910.920.710.860.850.420.920.87-0.840.950.960.94
0.980.50.950.920.780.050.930.070.42-0.24-0.440.840.940.870.930.80.720.80.40.860.84-0.790.820.920.93
-0.03-0.19-0.03-0.09-0.080.77-0.080.07-0.09-0.020.35-0.060.0-0.02-0.1-0.01-0.240.11-0.34-0.12-0.090.27-0.25-0.11-0.16
0.380.820.260.680.850.240.450.42-0.09-0.14-0.420.050.210.730.59-0.110.590.67-0.270.460.78-0.620.50.480.56
-0.32-0.05-0.31-0.3-0.31-0.13-0.28-0.24-0.02-0.140.61-0.29-0.31-0.39-0.34-0.29-0.01-0.480.2-0.09-0.360.12-0.13-0.3-0.3
-0.54-0.44-0.51-0.6-0.620.28-0.6-0.440.35-0.420.61-0.43-0.47-0.67-0.59-0.35-0.47-0.65-0.18-0.62-0.660.61-0.6-0.64-0.64
0.920.320.950.70.44-0.120.810.84-0.060.05-0.29-0.430.970.630.710.960.620.580.570.720.6-0.640.740.860.75
0.980.381.00.810.6-0.050.890.940.00.21-0.31-0.470.970.760.820.940.650.680.510.810.73-0.730.790.920.86
0.870.740.790.970.960.130.910.87-0.020.73-0.39-0.670.630.760.940.510.80.940.140.850.97-0.830.860.90.93
0.920.580.850.980.91-0.010.920.93-0.10.59-0.34-0.590.710.820.940.640.770.890.330.870.9-0.810.840.90.96
0.860.080.920.580.33-0.150.710.8-0.01-0.11-0.29-0.350.960.940.510.640.430.460.60.640.48-0.520.60.760.68
0.760.840.680.860.76-0.080.860.72-0.240.59-0.01-0.470.620.650.80.770.430.760.390.830.78-0.810.960.850.8
0.80.660.710.910.890.210.850.80.110.67-0.48-0.650.580.680.940.890.460.760.080.770.86-0.670.790.820.86
0.44-0.020.50.260.03-0.720.420.4-0.34-0.270.2-0.180.570.510.140.330.60.390.080.560.15-0.470.480.460.44
0.870.580.840.890.79-0.190.920.86-0.120.46-0.09-0.620.720.810.850.870.640.830.770.560.83-0.880.920.910.92
0.840.780.770.950.960.070.870.84-0.090.78-0.36-0.660.60.730.970.90.480.780.860.150.83-0.90.830.890.92
-0.81-0.75-0.77-0.86-0.810.23-0.84-0.790.27-0.620.120.61-0.64-0.73-0.83-0.81-0.52-0.81-0.67-0.47-0.88-0.9-0.86-0.9-0.88
0.860.750.810.90.78-0.160.950.82-0.250.5-0.13-0.60.740.790.860.840.60.960.790.480.920.83-0.860.930.89
0.960.670.940.930.8-0.070.960.92-0.110.48-0.3-0.640.860.920.90.90.760.850.820.460.910.89-0.90.930.94
0.930.60.890.960.87-0.150.940.93-0.160.56-0.3-0.640.750.860.930.960.680.80.860.440.920.92-0.880.890.94
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5I5j Holding Account Relationship Matchups

5I5j Holding fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.5B20.1B33.0B32.6B32.4B34.0B
Other Current Liab4.6B4.5B5.1B4.1B776.7M737.9M
Total Current Liabilities7.5B8.0B15.5B16.3B16.6B17.4B
Total Stockholder Equity10.2B10.3B10.6B10.3B9.5B9.9B
Other Liab1.2B1.2B886.7M716.6M824.1M865.3M
Accounts Payable421.9M426.7M554.5M463.5M404.9M454.5M
Cash2.5B4.2B4.2B3.8B3.6B3.7B
Other Assets3.6B3.7B4.6B4.7B5.4B5.6B
Long Term Debt466.6M561.6M449.2M602.9M1.1B561.5M
Net Receivables2.3B1.3B1.2B898.7M585.4M672.8M
Short Term Investments1.3B825.9M516.2M429.3M337.1M441.2M
Inventory518.8M488.5M620.3M509.4M455.7M801.5M
Other Current Assets844.6M848.3M4.8B5.5B4.1B4.4B
Total Liab9.1B9.7B22.3B22.2B22.8B24.0B
Intangible Assets1.5B1.5B1.6B1.2B1.3B1.4B
Property Plant Equipment359.0M334.2M9.1B9.4B10.8B11.3B
Retained Earnings2.1B2.2B2.5B2.2B1.2B1.2B
Net Tangible Assets3.9B4.1B4.3B4.4B5.0B4.0B
Other Stockholder Equity367.4M365.2M350.3M330.1M379.6M330.3M
Deferred Long Term Liab920.2M855.9M991.6M751.3M864.0M763.5M
Short Long Term Debt1.7B2.1B2.4B1.9B1.2B1.3B
Total Current Assets9.1B9.6B12.9B12.6B11.8B9.7B
Non Current Assets Total10.3B10.5B20.1B20.1B20.6B14.3B
Non Currrent Assets Other49.5M117.4M108.0M288.4K259.6K246.6K
Non Current Liabilities Total1.7B1.7B6.8B5.9B6.3B3.8B
Net Invested Capital12.3B12.9B13.4B12.8B11.7B13.1B
Net Working Capital1.7B1.6B(2.6B)(3.7B)(4.8B)(4.5B)

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Other Information on Investing in 5I5j Stock

Balance Sheet is a snapshot of the financial position of 5I5j Holding Group at a specified time, usually calculated after every quarter, six months, or one year. 5I5j Holding Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of 5I5j Holding and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 5I5j currently owns. An asset can also be divided into two categories, current and non-current.