Runjian Net Receivables vs Accounts Payable Analysis

002929 Stock

29.08 0.55 1.86%

Runjian Communication financial indicator trend analysis is much more than just breaking down Runjian Communication prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Runjian Communication is a good investment. Please check the relationship between Runjian Communication Net Receivables and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Runjian Communication Co. 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 Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Runjian Communication Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have totally related.

The correlation between Runjian Communication's Net Receivables and Accounts Payable is 1.0. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Runjian Communication Co, assuming nothing else is changed. The correlation between historical values of Runjian Communication's Net Receivables 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 Net Receivables of Runjian Communication Co 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 Net Receivables i.e., Runjian Communication's Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Runjian Communication 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 Runjian Communication 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 Runjian Communication's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Runjian Communication 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 Runjian Communication Co. 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 27, 2024, Selling General Administrative is expected to decline to about 58.5 M. In addition to that, Tax Provision is expected to decline to about 59.6 M

	2021	2022	2023	2024 (projected)
Interest Expense	77.2M	119.6M	104.8M	110.0M
Depreciation And Amortization	49.8M	60.9M	69.3M	38.0M

Interest Expense Depreciation And Amortization

Runjian Communication fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Short Long Term Debt Total	Other Liab	Net Tangible Assets	Current Deferred Revenue	Other Assets
Total Assets		-0.18	0.99	0.98	0.98	0.31	0.99	1.0	0.81	0.98	0.98	0.8	0.99	0.87	0.89	0.7	0.95	0.99	1.0	0.96	0.86	0.9	0.99	0.85	0.84	0.22
Other Current Liab	-0.18		-0.15	-0.25	-0.12	0.26	-0.22	-0.17	-0.18	-0.22	-0.29	-0.2	-0.15	-0.17	-0.21	0.46	-0.28	-0.13	-0.16	0.0	-0.24	0.04	-0.19	-0.17	-0.51	-0.21
Total Current Liabilities	0.99	-0.15		0.96	1.0	0.41	0.97	1.0	0.72	0.99	0.97	0.72	1.0	0.81	0.86	0.7	0.92	0.99	0.98	0.95	0.8	0.87	0.97	0.78	0.85	0.18
Total Stockholder Equity	0.98	-0.25	0.96		0.93	0.14	0.99	0.97	0.83	0.95	0.95	0.83	0.97	0.9	0.89	0.62	0.99	0.95	0.98	0.9	0.91	0.85	0.96	0.88	0.84	0.19
Property Plant And Equipment Net	0.98	-0.12	1.0	0.93		0.47	0.95	0.99	0.69	0.99	0.97	0.68	0.99	0.78	0.84	0.71	0.9	0.99	0.97	0.96	0.77	0.86	0.96	0.75	0.83	0.18
Net Debt	0.31	0.26	0.41	0.14	0.47		0.23	0.38	-0.14	0.38	0.32	-0.15	0.37	-0.03	0.17	0.49	0.06	0.4	0.27	0.45	-0.09	0.31	0.3	-0.06	0.17	-0.16
Retained Earnings	0.99	-0.22	0.97	0.99	0.95	0.23		0.98	0.82	0.96	0.96	0.82	0.99	0.89	0.91	0.68	0.96	0.97	0.99	0.94	0.89	0.88	0.98	0.87	0.83	0.2
Accounts Payable	1.0	-0.17	1.0	0.97	0.99	0.38	0.98		0.75	0.99	0.98	0.74	1.0	0.83	0.87	0.7	0.93	1.0	0.99	0.96	0.82	0.88	0.98	0.81	0.84	0.19
Cash	0.81	-0.18	0.72	0.83	0.69	-0.14	0.82	0.75		0.73	0.76	1.0	0.75	0.95	0.88	0.63	0.8	0.77	0.83	0.79	0.92	0.89	0.83	0.97	0.61	0.48
Non Current Assets Total	0.98	-0.22	0.99	0.95	0.99	0.38	0.96	0.99	0.73		0.99	0.72	0.98	0.8	0.85	0.64	0.92	0.99	0.97	0.95	0.79	0.85	0.97	0.78	0.88	0.18
Non Currrent Assets Other	0.98	-0.29	0.97	0.95	0.97	0.32	0.96	0.98	0.76	0.99		0.75	0.96	0.81	0.84	0.59	0.92	0.97	0.96	0.93	0.8	0.84	0.96	0.79	0.9	0.21
Cash And Short Term Investments	0.8	-0.2	0.72	0.83	0.68	-0.15	0.82	0.74	1.0	0.72	0.75		0.75	0.95	0.87	0.62	0.79	0.77	0.82	0.78	0.91	0.88	0.82	0.97	0.6	0.5
Net Receivables	0.99	-0.15	1.0	0.97	0.99	0.37	0.99	1.0	0.75	0.98	0.96	0.75		0.84	0.88	0.72	0.94	0.99	0.99	0.95	0.84	0.88	0.98	0.82	0.83	0.18
Common Stock Shares Outstanding	0.87	-0.17	0.81	0.9	0.78	-0.03	0.89	0.83	0.95	0.8	0.81	0.95	0.84		0.92	0.7	0.88	0.84	0.89	0.84	0.97	0.9	0.87	0.99	0.64	0.33
Inventory	0.89	-0.21	0.86	0.89	0.84	0.17	0.91	0.87	0.88	0.85	0.84	0.87	0.88	0.92		0.71	0.85	0.88	0.9	0.86	0.94	0.92	0.89	0.94	0.7	0.26
Other Current Assets	0.7	0.46	0.7	0.62	0.71	0.49	0.68	0.7	0.63	0.64	0.59	0.62	0.72	0.7	0.71		0.55	0.74	0.72	0.83	0.62	0.87	0.7	0.68	0.25	0.11
Other Stockholder Equity	0.95	-0.28	0.92	0.99	0.9	0.06	0.96	0.93	0.8	0.92	0.92	0.79	0.94	0.88	0.85	0.55		0.91	0.95	0.84	0.91	0.78	0.91	0.86	0.84	0.14
Total Liab	0.99	-0.13	0.99	0.95	0.99	0.4	0.97	1.0	0.77	0.99	0.97	0.77	0.99	0.84	0.88	0.74	0.91		0.99	0.98	0.82	0.91	0.98	0.82	0.82	0.24
Total Current Assets	1.0	-0.16	0.98	0.98	0.97	0.27	0.99	0.99	0.83	0.97	0.96	0.82	0.99	0.89	0.9	0.72	0.95	0.99		0.96	0.88	0.9	0.98	0.87	0.82	0.24
Intangible Assets	0.96	0.0	0.95	0.9	0.96	0.45	0.94	0.96	0.79	0.95	0.93	0.78	0.95	0.84	0.86	0.83	0.84	0.98	0.96		0.78	0.95	0.95	0.81	0.7	0.21
Common Stock	0.86	-0.24	0.8	0.91	0.77	-0.09	0.89	0.82	0.92	0.79	0.8	0.91	0.84	0.97	0.94	0.62	0.91	0.82	0.88	0.78		0.84	0.85	0.98	0.68	0.24
Short Long Term Debt Total	0.9	0.04	0.87	0.85	0.86	0.31	0.88	0.88	0.89	0.85	0.84	0.88	0.88	0.9	0.92	0.87	0.78	0.91	0.9	0.95	0.84		0.91	0.9	0.62	0.37
Other Liab	0.99	-0.19	0.97	0.96	0.96	0.3	0.98	0.98	0.83	0.97	0.96	0.82	0.98	0.87	0.89	0.7	0.91	0.98	0.98	0.95	0.85	0.91		0.85	0.85	0.34
Net Tangible Assets	0.85	-0.17	0.78	0.88	0.75	-0.06	0.87	0.81	0.97	0.78	0.79	0.97	0.82	0.99	0.94	0.68	0.86	0.82	0.87	0.81	0.98	0.9	0.85		0.62	0.34
Current Deferred Revenue	0.84	-0.51	0.85	0.84	0.83	0.17	0.83	0.84	0.61	0.88	0.9	0.6	0.83	0.64	0.7	0.25	0.84	0.82	0.82	0.7	0.68	0.62	0.85	0.62		0.32
Other Assets	0.22	-0.21	0.18	0.19	0.18	-0.16	0.2	0.19	0.48	0.18	0.21	0.5	0.18	0.33	0.26	0.11	0.14	0.24	0.24	0.21	0.24	0.37	0.34	0.34	0.32

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Runjian Communication Account Relationship Matchups

Runjian Communication fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.9B	6.9B	10.2B	12.7B	14.9B	15.6B
Other Current Liab	(154.4M)	23.8M	23.8M	666.2M	18.7M	17.8M
Total Current Liabilities	2.0B	2.7B	5.2B	7.2B	8.8B	9.2B
Total Stockholder Equity	2.8B	3.2B	3.8B	4.3B	5.9B	6.2B
Property Plant And Equipment Net	202.1M	278.9M	705.9M	1.1B	1.3B	1.3B
Net Debt	(722.7M)	(830.3M)	(447.5M)	754.7M	193.4M	203.1M
Retained Earnings	1.0B	1.3B	1.6B	2.0B	2.3B	2.4B
Accounts Payable	1.5B	1.9B	3.4B	4.7B	5.7B	6.0B
Cash	1.2B	2.0B	2.5B	1.9B	1.9B	1.2B
Non Current Assets Total	642.5M	1.6B	2.2B	2.8B	3.9B	4.1B
Non Currrent Assets Other	434.5M	1.1B	1.3B	1.3B	2.2B	2.3B
Cash And Short Term Investments	1.4B	2.1B	2.6B	2.0B	1.9B	1.2B
Net Receivables	2.0B	2.2B	3.9B	5.5B	6.4B	6.7B
Liabilities And Stockholders Equity	4.9B	6.9B	10.2B	12.7B	14.9B	15.6B
Inventory	823.5M	933.3M	1.1B	1.3B	1.7B	871.7M
Other Current Assets	27.7M	81.0M	306.0M	1.2B	438.6M	220.6M
Other Stockholder Equity	1.4B	1.4B	1.6B	1.7B	3.0B	3.1B
Total Liab	2.0B	3.6B	6.2B	8.3B	8.9B	9.3B
Total Current Assets	4.3B	5.3B	8.0B	10.0B	11.0B	11.5B
Intangible Assets	12.9M	37.8M	52.1M	92.0M	69.5M	73.0M
Net Tangible Assets	2.6B	2.7B	3.0B	3.6B	4.2B	2.3B
Other Assets	40.8M	59.3M	1.0	1.2B	1.15	1.09
Non Current Liabilities Total	1.5M	943.3M	1.0B	1.1B	67.9M	64.5M
Property Plant Equipment	63.8M	202.1M	278.9M	705.9M	811.8M	852.4M
Good Will	95.0M	161.4M	165.9M	180.0M	159.1M	108.9M
Deferred Long Term Liab	918.0K	559.9K	5.5M	5.4M	6.3M	6.6M
Net Invested Capital	2.8B	4.4B	5.8B	7.0B	8.0B	5.0B
Net Working Capital	2.3B	2.6B	2.8B	2.8B	2.1B	2.5B
Short Term Investments	209.4M	40.0M	187.1M	70.2M	21.2M	20.2M

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

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Runjian Net Receivables vs Accounts Payable Analysis

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

Correlation Coefficient

Net Receivables

Accounts Payable

Runjian Communication fundamental ratios Correlations

Runjian Communication Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Runjian Communication fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Accounts Payable	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Current Liabilities
Accounts Payable	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Accounts Payable

Current Deferred Revenue	- 0.51	Other Current Liab
Non Currrent Assets Other	- 0.29	Other Current Liab
Other Stockholder Equity	- 0.28	Other Current Liab
Total Stockholder Equity	- 0.25	Other Current Liab
Common Stock	- 0.24	Other Current Liab
Non Current Assets Total	- 0.22	Other Current Liab