Focused Accounts Payable vs Treasury Stock Analysis

300203 Stock   16.91  0.46  2.80%   
Focused Photonics financial indicator trend analysis is much more than just examining Focused Photonics latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Focused Photonics is a good investment. Please check the relationship between Focused Photonics Accounts Payable and its Treasury Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Focused Photonics Hangzhou. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Accounts Payable vs Treasury Stock

Accounts Payable vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Focused Photonics Accounts Payable account and Treasury Stock. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Focused Photonics' Accounts Payable and Treasury Stock is 0.83. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Focused Photonics Hangzhou, assuming nothing else is changed. The correlation between historical values of Focused Photonics' Accounts Payable and Treasury Stock 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 Focused Photonics Hangzhou are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Accounts Payable i.e., Focused Photonics' Accounts Payable and Treasury Stock go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Focused Photonics 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 Focused Photonics 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.

Treasury Stock

Most indicators from Focused Photonics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Focused Photonics 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 Focused Photonics Hangzhou. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
The current year's Selling General Administrative is expected to grow to about 493.4 M. The current year's Tax Provision is expected to grow to about 19.7 M
 2021 2022 2023 2024 (projected)
Gross Profit1.4B1.3B1.3B1.5B
Research Development561.8M566.3M555.8M401.0M

Focused Photonics fundamental ratios Correlations

0.580.980.90.50.920.920.940.780.80.630.980.750.9-0.190.510.840.190.890.920.650.310.630.790.850.9
0.580.570.64-0.120.670.390.570.120.210.590.530.520.330.030.280.590.360.50.30.1-0.010.290.190.370.42
0.980.570.860.490.90.910.910.760.750.640.980.810.89-0.250.420.80.240.890.910.620.340.640.80.880.91
0.90.640.860.270.950.760.910.560.580.820.880.790.730.030.710.850.440.860.750.420.420.630.620.820.83
0.5-0.120.490.270.230.70.420.860.79-0.050.490.340.76-0.270.340.41-0.370.340.610.740.080.180.690.380.46
0.920.670.90.950.230.820.880.590.630.810.910.790.78-0.050.450.790.450.910.820.490.440.730.690.880.92
0.920.390.910.760.70.820.850.940.940.490.910.641.0-0.30.390.720.040.830.950.820.230.630.920.830.92
0.940.570.910.910.420.880.850.720.740.60.90.670.83-0.260.610.740.190.850.860.580.310.570.720.790.86
0.780.120.760.560.860.590.940.720.970.230.770.450.96-0.350.360.55-0.230.640.90.890.120.470.910.670.79
0.80.210.750.580.790.630.940.740.970.260.760.390.95-0.330.330.6-0.210.670.890.870.070.470.860.630.78
0.630.590.640.82-0.050.810.490.60.230.260.640.690.460.080.480.680.80.790.430.060.420.610.320.770.69
0.980.530.980.880.490.910.910.90.770.760.640.80.89-0.130.480.810.20.870.920.670.370.720.840.890.92
0.750.520.810.790.340.790.640.670.450.390.690.80.630.030.440.720.520.770.610.310.670.630.580.830.74
0.90.330.890.730.760.781.00.830.960.950.460.890.63-0.320.410.710.020.810.940.820.240.580.910.810.9
-0.190.03-0.250.03-0.27-0.05-0.3-0.26-0.35-0.330.08-0.130.03-0.320.190.120.06-0.22-0.29-0.260.01-0.04-0.26-0.19-0.23
0.510.280.420.710.340.450.390.610.360.330.480.480.440.410.190.640.150.370.370.240.180.220.310.350.35
0.840.590.80.850.410.790.720.740.550.60.680.810.720.710.120.640.340.750.660.450.280.510.560.640.67
0.190.360.240.44-0.370.450.040.19-0.23-0.210.80.20.520.020.060.150.340.52-0.01-0.40.520.34-0.120.470.31
0.890.50.890.860.340.910.830.850.640.670.790.870.770.81-0.220.370.750.520.80.410.480.640.640.930.93
0.920.30.910.750.610.820.950.860.90.890.430.920.610.94-0.290.370.66-0.010.80.810.320.650.920.820.91
0.650.10.620.420.740.490.820.580.890.870.060.670.310.82-0.260.240.45-0.40.410.810.090.60.920.50.66
0.31-0.010.340.420.080.440.230.310.120.070.420.370.670.240.010.180.280.520.480.320.090.630.30.580.48
0.630.290.640.630.180.730.630.570.470.470.610.720.630.58-0.040.220.510.340.640.650.60.630.740.780.79
0.790.190.80.620.690.690.920.720.910.860.320.840.580.91-0.260.310.56-0.120.640.920.920.30.740.760.85
0.850.370.880.820.380.880.830.790.670.630.770.890.830.81-0.190.350.640.470.930.820.50.580.780.760.96
0.90.420.910.830.460.920.920.860.790.780.690.920.740.9-0.230.350.670.310.930.910.660.480.790.850.96
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Focused Photonics Account Relationship Matchups

Focused Photonics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.5B9.4B10.3B10.3B9.7B5.8B
Other Current Liab676.5M714.6M967.5M977.5M88.4M84.0M
Total Current Liabilities3.1B3.2B3.9B4.1B3.7B2.1B
Total Stockholder Equity3.3B3.8B3.5B3.2B2.9B2.5B
Other Liab110.4M75.9M132.1M405.3M466.1M489.4M
Retained Earnings2.1B2.6B2.3B1.9B1.4B1.4B
Accounts Payable941.3M1.0B1.3B1.3B1.2B1.2B
Cash1.1B1.5B1.4B1.5B1.3B904.2M
Other Assets1.9B2.4B3.3B3.6B4.1B4.4B
Long Term Debt1.4B1.9B2.4B2.3B2.4B2.5B
Net Receivables2.1B1.4B1.8B1.1B904.9M1.3B
Inventory1.3B1.2B1.4B1.3B1.4B785.0M
Other Current Assets192.5M158.1M102.0M235.3M163.5M131.1M
Total Liab4.6B5.2B6.4B6.7B6.6B6.9B
Intangible Assets167.3M111.7M76.3M59.4M50.2M47.7M
Property Plant Equipment766.9M709.2M742.8M707.5M813.6M537.3M
Good Will603.9M461.5M368.7M293.8M226.0M405.4M
Net Tangible Assets2.6B3.2B3.1B2.9B3.3B2.8B
Other Stockholder Equity(149.7K)(189.8K)(6.2M)(2.0M)(1.8M)(1.9M)
Deferred Long Term Liab75.5M44.8M19.1M16.7M19.2M29.6M
Short Long Term Debt1.2B944.4M967.2M1.0B909.4M1.0B
Total Current Assets4.8B4.8B4.7B4.6B4.2B4.6B
Non Current Assets Total3.7B4.5B5.6B5.7B5.5B4.5B
Non Currrent Assets Other87.9M202.2M2.3B1.5B1.1B977.0M
Non Current Liabilities Total1.5B2.0B2.5B2.7B2.8B1.8B
Non Current Liabilities Other26M74.9M29.7M62.7M54.3M51.6M
Net Debt1.5B1.3B1.9B1.8B2.1B1.5B
Net Invested Capital6.0B6.6B6.8B6.5B6.2B6.6B
Net Working Capital1.8B1.6B822.3M516.4M449.1M426.7M

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Other Information on Investing in Focused Stock

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