Omnijoi Inventory vs Net Receivables Analysis

300528 Stock

9.13 0.41 4.30%

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

Inventory vs Net Receivables

Inventory vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Omnijoi Media Corp Inventory account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Omnijoi Media's Inventory and Net Receivables is 0.44. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Omnijoi Media Corp, assuming nothing else is changed. The correlation between historical values of Omnijoi Media's Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Omnijoi Media Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., Omnijoi Media's Inventory and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.44

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Inventory

Net Receivables

Most indicators from Omnijoi Media's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Omnijoi Media Corp 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 Omnijoi Media Corp. 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 23, 2024, Selling General Administrative is expected to decline to about 19.8 M. The current year's Tax Provision is expected to grow to about (5.4 M)

	2021	2023	2024 (projected)
Other Operating Expenses	27.1M	24.4M	28.0M
Gross Profit	564.5M	167.8M	159.4M

Other Operating Expenses Gross Profit

Omnijoi Media fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Net Tangible Assets	Long Term Debt	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other
Total Assets		0.7	0.89	0.12	-0.31	0.74	0.37	0.91	0.45	0.43	0.36	0.36	0.41	0.82	-0.32	0.86	0.58	0.59	-0.35	-0.89	-0.55	0.21	0.84	0.44	0.65	-0.84
Other Current Liab	0.7		0.87	0.09	-0.15	0.61	0.15	0.58	0.46	0.44	0.15	0.55	0.62	0.62	-0.01	0.57	0.04	0.33	0.0	-0.58	-0.2	0.35	0.65	0.58	0.29	-0.66
Total Current Liabilities	0.89	0.87		-0.01	-0.39	0.85	0.19	0.82	0.44	0.32	0.18	0.64	0.47	0.81	-0.33	0.81	0.42	0.69	-0.33	-0.82	-0.54	0.06	0.85	0.5	0.49	-0.9
Total Stockholder Equity	0.12	0.09	-0.01		0.88	-0.1	0.58	0.21	0.68	0.56	0.37	0.07	0.52	-0.45	0.67	-0.08	-0.54	-0.44	0.78	-0.05	0.68	0.34	-0.1	0.78	-0.54	0.18
Retained Earnings	-0.31	-0.15	-0.39	0.88		-0.42	0.3	-0.23	0.52	0.43	0.3	-0.11	0.35	-0.75	0.76	-0.51	-0.8	-0.75	0.91	0.43	0.92	0.28	-0.47	0.52	-0.74	0.57
Accounts Payable	0.74	0.61	0.85	-0.1	-0.42		0.21	0.81	0.31	0.0	0.2	0.57	0.23	0.73	-0.53	0.7	0.43	0.8	-0.35	-0.72	-0.61	0.04	0.64	0.33	0.38	-0.72
Cash	0.37	0.15	0.19	0.58	0.3	0.21		0.37	0.19	0.43	0.18	-0.25	0.0	0.0	0.19	0.3	-0.04	0.05	0.31	-0.47	0.07	0.45	0.16	0.6	-0.04	-0.11
Other Assets	0.91	0.58	0.82	0.21	-0.23	0.81	0.37		0.46	0.19	0.39	0.49	0.46	0.7	-0.34	0.85	0.5	0.65	-0.26	-0.88	-0.5	0.19	0.74	0.44	0.42	-0.76
Net Receivables	0.45	0.46	0.44	0.68	0.52	0.31	0.19	0.46		0.61	0.66	0.44	0.55	0.02	0.3	0.13	-0.25	-0.04	0.38	-0.19	0.28	0.12	0.22	0.7	-0.18	-0.16
Good Will	0.43	0.44	0.32	0.56	0.43	0.0	0.43	0.19	0.61		0.32	-0.08	0.33	0.05	0.31	0.18	-0.16	-0.22	0.26	-0.17	0.26	0.13	0.38	0.63	0.11	-0.22
Short Term Investments	0.36	0.15	0.18	0.37	0.3	0.2	0.18	0.39	0.66	0.32		0.0	0.11	0.12	0.02	0.05	0.04	-0.02	0.12	-0.08	0.02	0.28	0.01	0.17	0.09	0.07
Inventory	0.36	0.55	0.64	0.07	-0.11	0.57	-0.25	0.49	0.44	-0.08	0.0		0.63	0.29	0.0	0.39	-0.02	0.46	-0.03	-0.4	-0.13	-0.23	0.44	0.44	-0.13	-0.55
Other Current Assets	0.41	0.62	0.47	0.52	0.35	0.23	0.0	0.46	0.55	0.33	0.11	0.63		0.11	0.39	0.29	-0.27	-0.13	0.4	-0.32	0.32	0.31	0.33	0.63	-0.18	-0.34
Total Liab	0.82	0.62	0.81	-0.45	-0.75	0.73	0.0	0.7	0.02	0.05	0.12	0.29	0.11		-0.64	0.82	0.77	0.76	-0.71	-0.76	-0.85	0.07	0.8	-0.03	0.87	-0.84
Intangible Assets	-0.32	-0.01	-0.33	0.67	0.76	-0.53	0.19	-0.34	0.3	0.31	0.02	0.0	0.39	-0.64		-0.39	-0.77	-0.7	0.84	0.3	0.82	0.38	-0.38	0.49	-0.64	0.44
Common Stock	0.86	0.57	0.81	-0.08	-0.51	0.7	0.3	0.85	0.13	0.18	0.05	0.39	0.29	0.82	-0.39		0.63	0.77	-0.5	-0.94	-0.67	0.05	0.93	0.3	0.61	-0.93
Property Plant Equipment	0.58	0.04	0.42	-0.54	-0.8	0.43	-0.04	0.5	-0.25	-0.16	0.04	-0.02	-0.27	0.77	-0.77	0.63		0.7	-0.91	-0.6	-0.91	-0.24	0.56	-0.41	0.88	-0.61
Other Liab	0.59	0.33	0.69	-0.44	-0.75	0.8	0.05	0.65	-0.04	-0.22	-0.02	0.46	-0.13	0.76	-0.7	0.77	0.7		-0.73	-0.73	-0.88	-0.32	0.7	-0.02	0.52	-0.79
Net Tangible Assets	-0.35	0.0	-0.33	0.78	0.91	-0.35	0.31	-0.26	0.38	0.26	0.12	-0.03	0.4	-0.71	0.84	-0.5	-0.91	-0.73		0.38	0.92	0.49	-0.51	0.57	-0.79	0.56
Long Term Debt	-0.89	-0.58	-0.82	-0.05	0.43	-0.72	-0.47	-0.88	-0.19	-0.17	-0.08	-0.4	-0.32	-0.76	0.3	-0.94	-0.6	-0.73	0.38		0.62	-0.17	-0.83	-0.41	-0.53	0.87
Other Stockholder Equity	-0.55	-0.2	-0.54	0.68	0.92	-0.61	0.07	-0.5	0.28	0.26	0.02	-0.13	0.32	-0.85	0.82	-0.67	-0.91	-0.88	0.92	0.62		0.24	-0.61	0.36	-0.81	0.68
Deferred Long Term Liab	0.21	0.35	0.06	0.34	0.28	0.04	0.45	0.19	0.12	0.13	0.28	-0.23	0.31	0.07	0.38	0.05	-0.24	-0.32	0.49	-0.17	0.24		-0.14	0.29	0.0	0.16
Long Term Investments	0.84	0.65	0.85	-0.1	-0.47	0.64	0.16	0.74	0.22	0.38	0.01	0.44	0.33	0.8	-0.38	0.93	0.56	0.7	-0.51	-0.83	-0.61	-0.14		0.34	0.61	-0.97
Total Current Assets	0.44	0.58	0.5	0.78	0.52	0.33	0.6	0.44	0.7	0.63	0.17	0.44	0.63	-0.03	0.49	0.3	-0.41	-0.02	0.57	-0.41	0.36	0.29	0.34		-0.32	-0.31
Non Current Assets Total	0.65	0.29	0.49	-0.54	-0.74	0.38	-0.04	0.42	-0.18	0.11	0.09	-0.13	-0.18	0.87	-0.64	0.61	0.88	0.52	-0.79	-0.53	-0.81	0.0	0.61	-0.32		-0.61
Non Currrent Assets Other	-0.84	-0.66	-0.9	0.18	0.57	-0.72	-0.11	-0.76	-0.16	-0.22	0.07	-0.55	-0.34	-0.84	0.44	-0.93	-0.61	-0.79	0.56	0.87	0.68	0.16	-0.97	-0.31	-0.61

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Omnijoi Media Account Relationship Matchups

Omnijoi Media fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.4B	3.1B	2.8B	2.5B	2.4B
Other Current Liab	713.1M	769.6M	682.5M	926.0M	6.7M	6.4M
Total Current Liabilities	1.2B	1.4B	1.3B	1.2B	606.7M	860.6M
Total Stockholder Equity	1.4B	975.2M	577.5M	217.6M	725.1M	887.5M
Retained Earnings	131.4M	(257.1M)	(654.7M)	(1.1B)	(545.1M)	(517.9M)
Accounts Payable	213.0M	348.2M	309.0M	193.4M	165.8M	190.1M
Cash	448.2M	565.1M	403.2M	277.8M	439.8M	485.1M
Other Assets	211.3M	211.3M	208.9M	181.9M	209.1M	181.2M
Net Receivables	476.1M	379.1M	262.8M	183.8M	165.1M	261.0M
Inventory	575.6M	531.4M	344.7M	299.4M	185.4M	360.2M
Other Current Assets	307.7M	163.3M	172.1M	165.2M	59.6M	56.6M
Total Liab	1.2B	1.4B	2.6B	2.6B	1.8B	1.2B
Intangible Assets	26.6M	8.1M	1.3M	709.3K	568.7K	540.3K
Property Plant Equipment	412.3M	368.6M	343.8M	1.5B	1.7B	1.8B
Other Liab	16.6M	51.0M	79.6M	52.8M	60.7M	63.7M
Net Tangible Assets	1.3B	953.3M	562.4M	207.8M	187.0M	177.6M
Other Stockholder Equity	(72.4K)	(239.3K)	(313.1K)	(363.0K)	(326.7K)	(310.4K)
Deferred Long Term Liab	174.3M	166.9M	163.8M	179.3M	161.4M	140.7M
Total Current Assets	1.9B	1.7B	1.3B	975.1M	965.1M	1.2B
Non Current Assets Total	695.5M	629.3M	1.8B	1.8B	1.6B	1.3B
Non Currrent Assets Other	42.5M	42.2M	23.7M	22.2M	68.4M	94.3M
Non Current Liabilities Total	51.0M	79.6M	1.3B	1.4B	1.2B	1.2B
Net Invested Capital	1.4B	975.2M	577.5M	217.6M	725.1M	824.1M
Net Working Capital	681.7M	361.9M	1.9M	(272.1M)	358.4M	294.0M
Non Current Liabilities Other	9.2M	21.1M	13.0M	13.0M	12.6M	13.4M

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

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Omnijoi Inventory vs Net Receivables Analysis

Inventory vs Net Receivables

Inventory vs Net Receivables Correlation Analysis

Correlation Coefficient

Inventory

Net Receivables

Omnijoi Media fundamental ratios Correlations

Omnijoi Media Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Omnijoi Media fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Long Term Investments	+ 0.93	Common Stock
Other Stockholder Equity	+ 0.92	Retained Earnings
Other Stockholder Equity	+ 0.92	Net Tangible Assets
Other Assets	+ 0.91	Total Assets
Net Tangible Assets	+ 0.91	Retained Earnings
Total Current Liabilities	+ 0.89	Total Assets

Non Currrent Assets Other	- 0.97	Long Term Investments
Long Term Debt	- 0.94	Common Stock
Non Currrent Assets Other	- 0.93	Common Stock
Other Stockholder Equity	- 0.91	Property Plant Equipment
Net Tangible Assets	- 0.91	Property Plant Equipment
Non Currrent Assets Other	- 0.9	Total Current Liabilities