Jiajia Net Receivables vs Inventory Analysis

002650 Stock

4.02 0.05 1.26%

Jiajia Food financial indicator trend analysis is infinitely more than just investigating Jiajia Food Group recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiajia Food Group is a good investment. Please check the relationship between Jiajia Food Net Receivables and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiajia Food 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.

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiajia Food Group Net Receivables account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Jiajia Food's Net Receivables and Inventory is -0.39. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of Jiajia Food Group, assuming nothing else is changed. The correlation between historical values of Jiajia Food's Net Receivables and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Jiajia Food Group are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., Jiajia Food's Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

-0.39

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Inventory

Most indicators from Jiajia Food's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiajia Food 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 Jiajia Food 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 251 M, whereas Tax Provision is projected to grow to (1.8 M).

	2021	2022	2023	2024 (projected)
Gross Profit	351.9M	347.0M	272.0M	362.8M
Interest Income	11.0M	4.7M	3.0M	2.9M

Gross Profit Interest Income

Jiajia Food fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Other Liab	Short Term Investments	Net Tangible Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt	Total Current Assets	Short Term Debt	Net Debt
Total Assets		-0.38	0.33	0.95	0.81	0.29	-0.12	0.58	-0.62	0.86	-0.16	0.45	0.76	0.83	0.86	-0.05	0.55	0.0	0.51	-0.27	-0.57	0.45	-0.19	0.36	-0.34	-0.49
Other Current Liab	-0.38		0.2	-0.46	-0.4	0.29	0.32	-0.76	0.41	-0.57	0.44	0.12	-0.31	-0.4	-0.41	0.77	-0.8	0.17	-0.83	0.16	0.68	-0.67	0.35	-0.08	0.7	0.72
Total Current Liabilities	0.33	0.2		0.02	0.0	0.77	-0.33	-0.07	0.1	0.19	-0.16	0.98	0.48	0.4	0.45	-0.05	-0.02	0.2	-0.25	0.09	0.15	-0.27	0.52	0.0	0.42	0.34
Total Stockholder Equity	0.95	-0.46	0.02		0.85	0.06	0.0	0.62	-0.69	0.84	-0.1	0.15	0.64	0.74	0.76	-0.03	0.56	-0.06	0.6	-0.32	-0.64	0.53	-0.36	0.38	-0.48	-0.62
Retained Earnings	0.81	-0.4	0.0	0.85		-0.03	-0.26	0.65	-0.28	0.82	-0.38	0.12	0.73	0.8	0.76	0.04	0.61	-0.04	0.69	-0.45	-0.8	0.58	-0.43	0.57	-0.59	-0.76
Accounts Payable	0.29	0.29	0.77	0.06	-0.03		-0.32	-0.18	0.01	0.11	0.14	0.73	0.35	0.29	0.43	0.15	-0.17	-0.09	-0.37	0.2	0.35	-0.31	0.2	-0.17	0.35	0.39
Cash	-0.12	0.32	-0.33	0.0	-0.26	-0.32		-0.46	-0.46	-0.43	0.61	-0.36	-0.58	-0.53	-0.57	0.32	-0.53	-0.02	-0.31	0.09	0.45	-0.39	0.23	0.22	0.24	0.36
Other Assets	0.58	-0.76	-0.07	0.62	0.65	-0.18	-0.46		-0.27	0.76	-0.67	0.07	0.56	0.69	0.61	-0.55	0.94	-0.01	0.87	-0.11	-0.83	0.87	-0.52	0.09	-0.65	-0.77
Net Receivables	-0.62	0.41	0.1	-0.69	-0.28	0.01	-0.46	-0.27		-0.39	-0.32	0.02	-0.13	-0.23	-0.26	0.19	-0.25	0.31	-0.34	0.01	0.15	-0.26	0.23	-0.08	0.34	0.28
Inventory	0.86	-0.57	0.19	0.84	0.82	0.11	-0.43	0.76	-0.39		-0.45	0.33	0.8	0.94	0.92	-0.2	0.76	0.02	0.7	-0.5	-0.81	0.65	-0.34	0.24	-0.53	-0.74
Other Current Assets	-0.16	0.44	-0.16	-0.1	-0.38	0.14	0.61	-0.67	-0.32	-0.45		-0.22	-0.52	-0.55	-0.39	0.42	-0.64	0.0	-0.56	0.17	0.57	-0.49	0.21	-0.1	0.4	0.5
Total Liab	0.45	0.12	0.98	0.15	0.12	0.73	-0.36	0.07	0.02	0.33	-0.22		0.57	0.52	0.55	-0.08	0.12	0.19	-0.11	0.05	0.02	-0.11	0.43	0.03	0.31	0.2
Intangible Assets	0.76	-0.31	0.48	0.64	0.73	0.35	-0.58	0.56	-0.13	0.8	-0.52	0.57		0.88	0.91	-0.05	0.54	-0.08	0.44	-0.35	-0.57	0.39	-0.22	0.25	-0.33	-0.49
Common Stock	0.83	-0.4	0.4	0.74	0.8	0.29	-0.53	0.69	-0.23	0.94	-0.55	0.52	0.88		0.95	-0.1	0.68	-0.01	0.59	-0.43	-0.71	0.56	-0.27	0.26	-0.43	-0.63
Property Plant Equipment	0.86	-0.41	0.45	0.76	0.76	0.43	-0.57	0.61	-0.26	0.92	-0.39	0.55	0.91	0.95		-0.08	0.61	0.02	0.5	-0.4	-0.63	0.46	-0.2	0.23	-0.34	-0.54
Long Term Debt	-0.05	0.77	-0.05	-0.03	0.04	0.15	0.32	-0.55	0.19	-0.2	0.42	-0.08	-0.05	-0.1	-0.08		-0.64	0.1	-0.49	-0.21	0.37	-0.4	0.15	0.29	0.41	0.35
Other Liab	0.55	-0.8	-0.02	0.56	0.61	-0.17	-0.53	0.94	-0.25	0.76	-0.64	0.12	0.54	0.68	0.61	-0.64		-0.09	0.89	-0.08	-0.85	0.91	-0.49	0.01	-0.73	-0.83
Short Term Investments	0.0	0.17	0.2	-0.06	-0.04	-0.09	-0.02	-0.01	0.31	0.02	0.0	0.19	-0.08	-0.01	0.02	0.1	-0.09		-0.17	-0.04	-0.15	-0.12	0.56	0.1	0.6	0.29
Net Tangible Assets	0.51	-0.83	-0.25	0.6	0.69	-0.37	-0.31	0.87	-0.34	0.7	-0.56	-0.11	0.44	0.59	0.5	-0.49	0.89	-0.17		-0.25	-0.85	0.86	-0.52	0.35	-0.83	-0.9
Non Current Assets Total	-0.27	0.16	0.09	-0.32	-0.45	0.2	0.09	-0.11	0.01	-0.5	0.17	0.05	-0.35	-0.43	-0.4	-0.21	-0.08	-0.04	-0.25		0.43	-0.01	0.07	-0.47	0.28	0.45
Non Currrent Assets Other	-0.57	0.68	0.15	-0.64	-0.8	0.35	0.45	-0.83	0.15	-0.81	0.57	0.02	-0.57	-0.71	-0.63	0.37	-0.85	-0.15	-0.85	0.43		-0.78	0.43	-0.28	0.66	0.89
Non Current Liabilities Total	0.45	-0.67	-0.27	0.53	0.58	-0.31	-0.39	0.87	-0.26	0.65	-0.49	-0.11	0.39	0.56	0.46	-0.4	0.91	-0.12	0.86	-0.01	-0.78		-0.58	0.02	-0.73	-0.82
Short Long Term Debt	-0.19	0.35	0.52	-0.36	-0.43	0.2	0.23	-0.52	0.23	-0.34	0.21	0.43	-0.22	-0.27	-0.2	0.15	-0.49	0.56	-0.52	0.07	0.43	-0.58		0.17	0.76	0.67
Total Current Assets	0.36	-0.08	0.0	0.38	0.57	-0.17	0.22	0.09	-0.08	0.24	-0.1	0.03	0.25	0.26	0.23	0.29	0.01	0.1	0.35	-0.47	-0.28	0.02	0.17		-0.16	-0.25
Short Term Debt	-0.34	0.7	0.42	-0.48	-0.59	0.35	0.24	-0.65	0.34	-0.53	0.4	0.31	-0.33	-0.43	-0.34	0.41	-0.73	0.6	-0.83	0.28	0.66	-0.73	0.76	-0.16		0.92
Net Debt	-0.49	0.72	0.34	-0.62	-0.76	0.39	0.36	-0.77	0.28	-0.74	0.5	0.2	-0.49	-0.63	-0.54	0.35	-0.83	0.29	-0.9	0.45	0.89	-0.82	0.67	-0.25	0.92

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Jiajia Food Account Relationship Matchups

Jiajia Food fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	3.1B	3.0B	2.8B	2.7B	2.5B
Other Current Liab	95.9M	75.4M	82.9M	117.4M	5.2M	4.9M
Total Current Liabilities	327.4M	498.1M	262.3M	359.9M	463.7M	513.9M
Total Stockholder Equity	2.3B	2.6B	2.6B	2.3B	2.1B	1.9B
Retained Earnings	978.5M	1.1B	1.0B	851.2M	524.5M	587.5M
Accounts Payable	112.4M	87.4M	127.8M	124.3M	92.4M	128.0M
Cash	389.6M	686.7M	357.5M	143.1M	96.2M	91.4M
Other Assets	28.3M	20.2M	40.5M	32.9M	37.8M	39.7M
Net Receivables	71.4M	47.8M	36.7M	75.7M	33.0M	54.6M
Inventory	367.2M	338.2M	350.8M	348.6M	425.3M	283.2M
Other Current Assets	95.6M	93.3M	84.3M	102.6M	38.7M	36.7M
Total Liab	388.3M	571.7M	372.1M	473.6M	568.2M	566.9M
Intangible Assets	87.3M	88.2M	84.2M	80.0M	79.4M	62.8M
Property Plant Equipment	1.6B	1.6B	1.5B	1.5B	1.7B	1.2B
Other Liab	60.9M	73.6M	107.5M	112.4M	129.2M	135.7M
Net Tangible Assets	2.2B	2.5B	2.6B	2.2B	2.6B	2.4B
Non Current Assets Total	1.8B	2.0B	2.2B	2.1B	1.9B	2.2B
Non Currrent Assets Other	9.9M	6.9M	7.7M	4.7M	4.0M	3.8M
Non Current Liabilities Total	60.9M	73.6M	109.8M	113.7M	104.5M	86.8M
Short Long Term Debt	70.1M	289.8M	0.0	96.1M	198.3M	139.1M
Total Current Assets	927.6M	1.2B	850.0M	671.7M	716.8M	658.2M
Net Invested Capital	2.4B	2.8B	2.6B	2.4B	2.3B	2.7B
Net Working Capital	600.2M	672.4M	587.7M	311.8M	253.1M	438.7M

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Other Information on Investing in Jiajia Stock

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

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Jiajia Net Receivables vs Inventory Analysis

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

Correlation Coefficient

Net Receivables

Inventory

Jiajia Food fundamental ratios Correlations

Jiajia Food Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiajia Food fundamental ratios Accounts

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Total Liab	+ 0.98	Total Current Liabilities
Total Stockholder Equity	+ 0.95	Total Assets
Property Plant Equipment	+ 0.95	Common Stock
Other Liab	+ 0.94	Other Assets
Common Stock	+ 0.94	Inventory
Property Plant Equipment	+ 0.92	Inventory

Net Debt	- 0.9	Net Tangible Assets
Non Currrent Assets Other	- 0.85	Net Tangible Assets
Non Currrent Assets Other	- 0.85	Other Liab
Short Term Debt	- 0.83	Net Tangible Assets
Net Debt	- 0.83	Other Liab
Non Currrent Assets Other	- 0.83	Other Assets