002382 Stock | | | 5.58 0.02 0.36% |
Blue Sail financial indicator trend analysis is way more than just evaluating Blue Sail Medical prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Blue Sail Medical is a good investment. Please check the relationship between Blue Sail Inventory and its Current Deferred Revenue accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Blue Sail Medical. 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.
Inventory vs Current Deferred Revenue
Inventory vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Blue Sail Medical Inventory account and
Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Blue Sail's Inventory and Current Deferred Revenue is 0.86. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Blue Sail Medical, assuming nothing else is changed. The correlation between historical values of Blue Sail's Inventory and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Blue Sail Medical are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Inventory i.e., Blue Sail's Inventory and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Inventory
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Most indicators from Blue Sail's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Blue Sail Medical 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 Blue Sail Medical. 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 251.1
M. The current year's
Tax Provision is expected to grow to about (51.5
M)
Blue Sail fundamental ratios Correlations
Click cells to compare fundamentals
Blue Sail Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Blue Sail fundamental ratios Accounts
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Other Information on Investing in Blue Stock
Balance Sheet is a snapshot of the
financial position of Blue Sail Medical at a specified time, usually calculated after every quarter, six months, or one year. Blue Sail Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Blue Sail 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 Blue currently owns. An asset can also be divided into two categories, current and non-current.