| 002357 Stock | | | 7.03 0.04 0.57% |
Sichuan Fulin financial indicator trend analysis is much more than just breaking down Sichuan Fulin Transp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Fulin Transp is a good investment. Please check the relationship between Sichuan Fulin Cash and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Fulin Transportation. 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.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Fulin Transp Cash account and
Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sichuan Fulin's Cash and Accounts Payable is -0.58. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sichuan Fulin Transportation, assuming nothing else is changed. The correlation between historical values of Sichuan Fulin's Cash 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 Cash of Sichuan Fulin Transportation 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 Cash i.e., Sichuan Fulin's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.58 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Cash
Cash refers to the most liquid asset of Sichuan Fulin Transp, which is listed under current asset account on Sichuan Fulin Transportation balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Sichuan Fulin customers. The amounts must be unrestricted with restricted cash listed in a different Sichuan Fulin account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Accounts Payable
An accounting item on the balance sheet that represents Sichuan Fulin 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 Sichuan Fulin Transp 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 Sichuan Fulin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Fulin Transp 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 Sichuan Fulin Transportation. 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 November 30, 2024,
Selling General Administrative is expected to decline to about 27
M. In addition to that,
Tax Provision is expected to decline to about 18.4
MSichuan Fulin fundamental ratios Correlations
Click cells to compare fundamentals
Sichuan Fulin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sichuan Fulin fundamental ratios Accounts
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Other Information on Investing in Sichuan Stock
Balance Sheet is a snapshot of the
financial position of Sichuan Fulin Transp at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Fulin Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Fulin 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 Sichuan currently owns. An asset can also be divided into two categories, current and non-current.