| 002995 Stock | | | 24.47 0.18 0.74% |
Beijing Quanshi financial indicator trend analysis is way more than just evaluating Beijing Quanshi World prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Beijing Quanshi World is a good investment. Please check the relationship between Beijing Quanshi Cash and its Accounts Payable accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Beijing Quanshi World. 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.
Cash vs Accounts Payable
Cash vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Beijing Quanshi World Cash account and
Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Beijing Quanshi's Cash and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Beijing Quanshi World, assuming nothing else is changed. The correlation between historical values of Beijing Quanshi's Cash 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 Cash of Beijing Quanshi World 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 Cash i.e., Beijing Quanshi's Cash and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.87 |
| Relationship Direction | Positive |
| Relationship Strength | Strong |
Cash
Cash refers to the most liquid asset of Beijing Quanshi World, which is listed under current asset account on Beijing Quanshi World balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Beijing Quanshi customers. The amounts must be unrestricted with restricted cash listed in a different Beijing Quanshi account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Accounts Payable
An accounting item on the balance sheet that represents Beijing Quanshi 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 Beijing Quanshi World 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 Beijing Quanshi's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Beijing Quanshi World 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 Beijing Quanshi World. 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 72.4
M, whereas
Tax Provision is projected to grow to (3.3
M).
Beijing Quanshi fundamental ratios Correlations
Click cells to compare fundamentals
Beijing Quanshi Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Beijing Quanshi fundamental ratios Accounts
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Other Information on Investing in Beijing Stock
Balance Sheet is a snapshot of the
financial position of Beijing Quanshi World at a specified time, usually calculated after every quarter, six months, or one year. Beijing Quanshi Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Beijing Quanshi 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 Beijing currently owns. An asset can also be divided into two categories, current and non-current.