Wuliangye Total Current Assets vs Accounts Payable Analysis

000858 Stock   125.79  0.34  0.27%   
Wuliangye Yibin financial indicator trend analysis is more than just analyzing Wuliangye Yibin current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wuliangye Yibin is a good investment. Please check the relationship between Wuliangye Yibin Total Current Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wuliangye Yibin Co. 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.

Total Current Assets vs Accounts Payable

Total Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wuliangye Yibin Total Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Wuliangye Yibin's Total Current Assets and Accounts Payable is 0.94. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Wuliangye Yibin Co, assuming nothing else is changed. The correlation between historical values of Wuliangye Yibin's Total 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 Total Current Assets of Wuliangye Yibin Co 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 Total Current Assets i.e., Wuliangye Yibin's Total Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.94
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Accounts Payable

An accounting item on the balance sheet that represents Wuliangye Yibin 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 Wuliangye Yibin 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 Wuliangye Yibin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wuliangye Yibin 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 Wuliangye Yibin Co. 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.
As of August 22, 2025, Selling General Administrative is expected to decline to about 5 B. In addition to that, Tax Provision is expected to decline to about 7.5 B
 2022 2023 2024 2025 (projected)
Operating Income35.1B39.5B41.3B43.4B
Total Revenue74.0B83.3B89.2B93.6B

Wuliangye Yibin fundamental ratios Correlations

-0.140.971.00.750.950.980.99-0.30.20.980.690.970.840.450.740.98-0.630.890.830.610.930.880.740.680.76
-0.14-0.06-0.17-0.050.05-0.26-0.190.260.28-0.1-0.48-0.06-0.450.230.14-0.060.360.01-0.17-0.18-0.11-0.27-0.31-0.07-0.3
0.97-0.060.940.690.890.930.97-0.280.140.930.651.00.830.410.690.93-0.70.840.770.660.890.840.630.710.83
1.0-0.170.940.760.960.980.99-0.310.220.980.70.940.840.460.740.98-0.590.890.830.580.930.880.770.660.72
0.75-0.050.690.760.840.730.70.220.330.840.490.690.570.510.470.76-0.370.630.680.190.650.510.430.380.48
0.950.050.890.960.840.910.92-0.170.30.970.550.890.70.510.730.97-0.440.890.810.480.90.780.690.590.6
0.98-0.260.930.980.730.910.98-0.340.120.940.650.930.850.340.670.94-0.590.880.880.550.940.890.790.670.72
0.99-0.190.970.990.70.920.98-0.350.160.960.70.970.880.410.720.96-0.660.870.820.630.930.90.730.690.78
-0.30.26-0.28-0.310.22-0.17-0.34-0.350.25-0.13-0.26-0.28-0.340.19-0.29-0.320.3-0.36-0.39-0.36-0.35-0.5-0.43-0.44-0.3
0.20.280.140.220.330.30.120.160.250.330.270.13-0.020.890.710.210.30.290.290.090.240.220.110.220.04
0.98-0.10.930.980.840.970.940.96-0.130.330.70.930.790.570.750.96-0.550.850.790.530.890.810.70.580.69
0.69-0.480.650.70.490.550.650.7-0.260.270.70.650.760.530.60.61-0.640.430.460.470.530.630.520.440.65
0.97-0.061.00.940.690.890.930.97-0.280.130.930.650.830.410.690.93-0.710.840.770.660.890.840.630.710.83
0.84-0.450.830.840.570.70.850.88-0.34-0.020.790.760.830.240.480.76-0.820.630.670.650.730.820.490.690.87
0.450.230.410.460.510.510.340.410.190.890.570.530.410.240.780.43-0.070.360.350.180.350.310.210.260.24
0.740.140.690.740.470.730.670.72-0.290.710.750.60.690.480.780.73-0.170.780.70.510.770.760.610.650.48
0.98-0.060.930.980.760.970.940.96-0.320.210.960.610.930.760.430.73-0.550.910.810.580.920.850.730.650.7
-0.630.36-0.7-0.59-0.37-0.44-0.59-0.660.30.3-0.55-0.64-0.71-0.82-0.07-0.17-0.55-0.29-0.34-0.55-0.39-0.47-0.17-0.5-0.83
0.890.010.840.890.630.890.880.87-0.360.290.850.430.840.630.360.780.91-0.290.880.630.980.910.770.730.62
0.83-0.170.770.830.680.810.880.82-0.390.290.790.460.770.670.350.70.81-0.340.880.430.890.860.680.760.61
0.61-0.180.660.580.190.480.550.63-0.360.090.530.470.660.650.180.510.58-0.550.630.430.650.740.340.740.82
0.93-0.110.890.930.650.90.940.93-0.350.240.890.530.890.730.350.770.92-0.390.980.890.650.950.80.730.69
0.88-0.270.840.880.510.780.890.9-0.50.220.810.630.840.820.310.760.85-0.470.910.860.740.950.740.830.78
0.74-0.310.630.770.430.690.790.73-0.430.110.70.520.630.490.210.610.73-0.170.770.680.340.80.740.330.31
0.68-0.070.710.660.380.590.670.69-0.440.220.580.440.710.690.260.650.65-0.50.730.760.740.730.830.330.8
0.76-0.30.830.720.480.60.720.78-0.30.040.690.650.830.870.240.480.7-0.830.620.610.820.690.780.310.8
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Wuliangye Yibin Account Relationship Matchups

Wuliangye Yibin fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets113.9B135.6B152.8B165.4B188.3B197.7B
Other Current Liab13.4B23.6B1.6B681.2M1.1B1.0B
Total Current Liabilities25.9B33.6B35.8B32.7B51.0B53.6B
Total Stockholder Equity85.7B99.1B114.0B129.6B133.3B139.9B
Other Liab267.0M266.3M256.0M258.0M296.7M311.5M
Retained Earnings79.1B92.5B79.0B89.4B87.7B92.0B
Accounts Payable4.1B6.3B8.1B9.6B9.5B10.0B
Cash68.2B82.3B92.4B115.5B127.4B133.8B
Net Receivables41.5M64.2M35.7M42.6M37.3M35.5M
Inventory13.2B14.0B16.0B17.4B18.2B19.1B
Other Current Assets231.9M247.3M195.7M344.5M396.2M416.0M
Total Liab26.1B34.2B36.1B33.1B51.9B54.5B
Intangible Assets433.6M556.4M518.5M2.1B2.7B2.8B
Property Plant Equipment5.6B6.9B7.3B9.0B10.3B6.4B
Other Assets1.0B1.4B1.9B2.1B2.4B2.5B
Net Tangible Assets63.1B73.9B85.3B98.5B113.3B72.8B
Deferred Long Term Liab111.9M91.6M122.9M155.5M178.8M130.1M
Total Current Assets102.4B122.1B137.6B147.2B165.8B111.3B
Non Current Assets Total11.5B13.5B15.2B18.3B22.5B13.9B
Non Currrent Assets Other293.1M216.8M972.5M824.8M318.1M347.3M
Non Current Liabilities Total256.0M613.3M365.8M400.5M830.9M435.2M
Net Invested Capital85.7B99.1B114.0B129.6B133.3B103.5B
Net Working Capital76.5B88.5B101.8B114.5B114.8B91.8B
Property Plant And Equipment Net7.3B9.0B9.5B10.9B13.9B10.5B
Property Plant And Equipment Gross16.4B18.3B18.7B20.3B13.9B18.9B

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Other Information on Investing in Wuliangye Stock

Balance Sheet is a snapshot of the financial position of Wuliangye Yibin at a specified time, usually calculated after every quarter, six months, or one year. Wuliangye Yibin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Wuliangye Yibin 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 Wuliangye currently owns. An asset can also be divided into two categories, current and non-current.