Suofeiya Accounts Payable vs Retained Earnings Analysis

002572 Stock   18.13  0.33  1.85%   
Suofeiya Home financial indicator trend analysis is much more than just breaking down Suofeiya Home Collection prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suofeiya Home Collection is a good investment. Please check the relationship between Suofeiya Home Accounts Payable and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suofeiya Home Collection. 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.

Accounts Payable vs Retained Earnings

Accounts Payable vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suofeiya Home Collection Accounts Payable account and Retained Earnings. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Suofeiya Home's Accounts Payable and Retained Earnings is 0.97. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Suofeiya Home Collection, assuming nothing else is changed. The correlation between historical values of Suofeiya Home's Accounts Payable and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Suofeiya Home Collection are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Accounts Payable i.e., Suofeiya Home's Accounts Payable and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents Suofeiya Home 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 Suofeiya Home Collection 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.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Suofeiya Home's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suofeiya Home Collection 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 Suofeiya Home Collection. 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 624.9 M. In addition to that, Tax Provision is expected to decline to about 287.3 M
 2021 2022 2023 2024 (projected)
Operating Income1.4B1.4B1.9B2.0B
Total Revenue10.4B11.2B11.7B12.2B

Suofeiya Home fundamental ratios Correlations

0.540.980.860.980.990.930.950.920.850.230.980.930.80.990.870.860.550.690.850.720.820.820.920.940.84
0.540.480.710.620.560.380.30.680.810.370.480.490.710.530.740.650.460.680.630.480.480.640.280.660.66
0.980.480.790.940.990.930.950.90.830.141.00.950.70.960.80.780.470.590.770.760.740.770.970.920.76
0.860.710.790.90.830.760.730.830.90.330.770.720.950.870.950.920.660.810.90.610.830.880.650.930.9
0.980.620.940.90.970.870.90.940.860.260.930.870.840.980.920.880.590.750.910.670.810.870.840.950.88
0.990.560.990.830.970.90.940.940.880.150.990.950.740.970.850.80.490.640.810.780.740.810.920.930.79
0.930.380.930.760.870.90.890.760.720.270.920.850.70.90.740.740.420.530.740.620.730.710.930.850.74
0.950.30.950.730.90.940.890.850.740.140.960.940.660.950.730.740.40.550.710.770.780.730.920.820.73
0.920.680.90.830.940.940.760.850.880.220.90.890.780.920.880.780.460.640.80.760.750.880.770.880.82
0.850.810.830.90.860.880.720.740.880.210.840.850.840.830.870.790.480.720.730.830.690.810.690.890.77
0.230.370.140.330.260.150.270.140.220.210.130.140.430.280.350.41-0.050.440.340.050.520.520.070.230.57
0.980.481.00.770.930.990.920.960.90.840.130.970.690.950.790.760.430.580.740.810.740.760.960.90.75
0.930.490.950.720.870.950.850.940.890.850.140.970.660.920.740.710.340.550.630.890.740.720.90.820.7
0.80.710.70.950.840.740.70.660.780.840.430.690.660.830.940.860.570.790.840.560.840.830.560.840.91
0.990.530.960.870.980.970.90.950.920.830.280.950.920.830.880.870.550.730.860.710.860.830.890.920.87
0.870.740.80.950.920.850.740.730.880.870.350.790.740.940.880.890.590.740.920.60.830.90.680.930.94
0.860.650.780.920.880.80.740.740.780.790.410.760.710.860.870.890.760.830.930.540.920.830.650.90.93
0.550.460.470.660.590.490.420.40.460.48-0.050.430.340.570.550.590.760.670.750.130.560.40.380.650.55
0.690.680.590.810.750.640.530.550.640.720.440.580.550.790.730.740.830.670.770.40.730.670.430.710.78
0.850.630.770.90.910.810.740.710.80.730.340.740.630.840.860.920.930.750.770.390.810.850.670.920.91
0.720.480.760.610.670.780.620.770.760.830.050.810.890.560.710.60.540.130.40.390.580.580.680.650.55
0.820.480.740.830.810.740.730.780.750.690.520.740.740.840.860.830.920.560.730.810.580.80.660.790.94
0.820.640.770.880.870.810.710.730.880.810.520.760.720.830.830.90.830.40.670.850.580.80.660.870.91
0.920.280.970.650.840.920.930.920.770.690.070.960.90.560.890.680.650.380.430.670.680.660.660.830.64
0.940.660.920.930.950.930.850.820.880.890.230.90.820.840.920.930.90.650.710.920.650.790.870.830.88
0.840.660.760.90.880.790.740.730.820.770.570.750.70.910.870.940.930.550.780.910.550.940.910.640.88
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Suofeiya Home Account Relationship Matchups

Suofeiya Home fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B10.9B12.4B12.1B14.6B15.3B
Other Current Liab824.8M1.2B1.7B999.4M222.5M211.3M
Total Current Liabilities2.4B4.0B5.3B4.6B6.2B6.6B
Total Stockholder Equity5.4B6.1B5.6B5.8B7.0B3.6B
Retained Earnings3.3B3.9B3.5B4.0B4.1B4.3B
Accounts Payable835.1M1.3B1.6B1.6B1.7B1.8B
Cash1.3B2.6B2.7B2.1B3.5B3.7B
Other Assets274.5M257.5M368.3M589.0M677.3M711.2M
Net Receivables1.1B840.5M1.3B1.3B994.9M1.0B
Inventory338.8M492.7M741.1M636.4M563.8M298.0M
Other Current Assets91.5M110.3M178.7M94.2M61.3M117.6M
Total Liab2.6B4.2B6.5B6.0B7.3B7.6B
Intangible Assets545.8M559.4M1.8B1.7B1.6B1.7B
Property Plant Equipment3.3B3.3B3.9B4.2B4.9B5.1B
Other Liab100.3M113.5M103.2M97.7M112.4M68.3M
Short Term Investments1.3B959.3M637.4M340.5M782.4M708.4M
Net Tangible Assets4.9B5.5B3.9B4.1B4.7B4.4B
Long Term Debt30M96.5M1.0B1.3B867.8M462.4M
Deferred Long Term Liab83.1M63.6M80.8M82.6M95.0M84.1M
Short Long Term Debt313M979.7M1.3B872.1M2.0B2.1B
Total Current Assets4.1B6.0B5.5B4.7B6.4B4.7B
Non Current Assets Total4.4B4.8B6.9B7.4B8.2B5.7B
Non Currrent Assets Other24.0M8.9M144.3M317.2M747.7M785.1M
Non Current Liabilities Total130.3M210.0M1.2B1.4B1.0B639.8M
Non Current Liabilities Other252.5M176.9M30M24.8K22.4K21.2K
Net Invested Capital5.8B7.2B8.0B7.9B9.9B7.7B
Net Working Capital1.7B2.0B250.1M75.1M138.1M131.2M
Other Stockholder Equity(39.0M)(23.6M)2.7M(10.4M)(12.0M)(12.6M)

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Other Information on Investing in Suofeiya Stock

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