002777 Stock | | | 20.50 0.10 0.49% |
Sichuan Jiuyuan financial indicator trend analysis is much more than just breaking down Sichuan Jiuyuan Yinhai prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Jiuyuan Yinhai is a good investment. Please check the relationship between Sichuan Jiuyuan Other Current Assets and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Jiuyuan Yinhai. 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.
Other Current Assets vs Inventory
Other Current Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Sichuan Jiuyuan Yinhai Other Current Assets account and
Inventory. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sichuan Jiuyuan's Other Current Assets and Inventory is 0.39. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Sichuan Jiuyuan Yinhai, assuming nothing else is changed. The correlation between historical values of Sichuan Jiuyuan's Other Current Assets 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 Other Current Assets of Sichuan Jiuyuan Yinhai 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 Other Current Assets i.e., Sichuan Jiuyuan's Other Current Assets and Inventory go up and down completely randomly.
Correlation Coefficient | 0.39 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Inventory
Most indicators from Sichuan Jiuyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Jiuyuan Yinhai 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 Jiuyuan Yinhai. 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
Tax Provision is expected to grow to about 17.3
M, whereas
Selling General Administrative is forecasted to decline to about 134.9
M.
Sichuan Jiuyuan fundamental ratios Correlations
Click cells to compare fundamentals
Sichuan Jiuyuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sichuan Jiuyuan 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 Jiuyuan Yinhai at a specified time, usually calculated after every quarter, six months, or one year. Sichuan Jiuyuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Sichuan Jiuyuan 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.