300775 Accounts Payable vs Other Current Assets Analysis

300775 Stock   24.83  0.34  1.39%   
Xi An financial indicator trend analysis is more than just analyzing Xi An Triangle current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xi An Triangle is a good investment. Please check the relationship between Xi An Accounts Payable and its Other Current Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Xi An Triangle. 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.

Accounts Payable vs Other Current Assets

Accounts Payable vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xi An Triangle Accounts Payable account and Other Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Xi An's Accounts Payable and Other Current Assets is -0.37. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Xi An Triangle, assuming nothing else is changed. The correlation between historical values of Xi An's Accounts Payable and Other Current Assets 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 Xi An Triangle are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Accounts Payable i.e., Xi An's Accounts Payable and Other Current Assets go up and down completely randomly.

Correlation Coefficient

-0.37
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accounts Payable

An accounting item on the balance sheet that represents Xi An 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 Xi An Triangle 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.

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.
Most indicators from Xi An's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xi An Triangle 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 Xi An Triangle. 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 135.1 M. The current year's Selling General Administrative is expected to grow to about 43.8 M
 2021 2022 2023 2024 (projected)
Gross Profit547.0M866.9M1.1B1.1B
Total Revenue1.2B1.9B2.5B2.6B

Xi An fundamental ratios Correlations

0.88-0.30.990.990.8-0.68-0.820.990.770.990.75-0.120.990.970.860.77-0.360.980.971.00.970.710.740.81.0
0.880.050.920.830.78-0.35-0.470.870.460.850.780.020.840.890.910.49-0.110.790.940.850.920.520.390.760.88
-0.30.05-0.22-0.32-0.120.310.67-0.24-0.78-0.37-0.16-0.29-0.4-0.11-0.29-0.630.2-0.38-0.26-0.34-0.1-0.47-0.47-0.02-0.29
0.990.92-0.220.980.81-0.63-0.750.990.720.970.77-0.10.970.980.870.74-0.310.950.980.980.970.70.690.80.99
0.990.83-0.320.980.79-0.76-0.860.990.790.980.71-0.20.990.970.790.79-0.420.990.941.00.950.710.810.790.99
0.80.78-0.120.810.79-0.49-0.60.80.640.790.96-0.070.780.80.720.68-0.260.770.80.790.80.670.590.920.8
-0.68-0.350.31-0.63-0.76-0.490.78-0.73-0.67-0.67-0.280.65-0.68-0.7-0.28-0.730.56-0.75-0.52-0.72-0.62-0.61-0.91-0.5-0.68
-0.82-0.470.67-0.75-0.86-0.60.78-0.79-0.94-0.87-0.530.1-0.87-0.72-0.6-0.860.48-0.9-0.72-0.85-0.7-0.7-0.85-0.62-0.82
0.990.87-0.240.990.990.8-0.73-0.790.740.970.72-0.230.970.990.810.77-0.410.960.950.990.960.710.780.780.99
0.770.46-0.780.720.790.64-0.67-0.940.740.820.610.030.830.640.660.95-0.370.820.720.810.620.830.810.540.76
0.990.85-0.370.970.980.79-0.67-0.870.970.820.75-0.051.00.940.870.79-0.350.980.960.990.940.710.730.80.99
0.750.78-0.160.770.710.96-0.28-0.530.720.610.750.210.740.710.780.61-0.10.70.80.730.750.640.420.880.75
-0.120.02-0.29-0.1-0.2-0.070.650.1-0.230.03-0.050.21-0.07-0.270.25-0.130.49-0.130.03-0.15-0.14-0.05-0.5-0.08-0.11
0.990.84-0.40.970.990.78-0.68-0.870.970.831.00.74-0.070.940.860.8-0.390.990.960.990.940.70.750.780.99
0.970.89-0.110.980.970.8-0.7-0.720.990.640.940.71-0.270.940.780.67-0.40.940.930.970.980.620.730.820.97
0.860.91-0.290.870.790.72-0.28-0.60.810.660.870.780.250.860.780.62-0.050.780.950.840.820.620.390.640.85
0.770.49-0.630.740.790.68-0.73-0.860.770.950.790.61-0.130.80.670.62-0.30.790.720.810.620.950.860.510.75
-0.36-0.110.2-0.31-0.42-0.260.560.48-0.41-0.37-0.35-0.10.49-0.39-0.4-0.05-0.3-0.41-0.22-0.39-0.35-0.06-0.57-0.38-0.36
0.980.79-0.380.950.990.77-0.75-0.90.960.820.980.7-0.130.990.940.780.79-0.410.920.980.930.690.80.80.98
0.970.94-0.260.980.940.8-0.52-0.720.950.720.960.80.030.960.930.950.72-0.220.920.960.940.690.590.760.97
1.00.85-0.340.981.00.79-0.72-0.850.990.810.990.73-0.150.990.970.840.81-0.390.980.960.950.730.780.780.99
0.970.92-0.10.970.950.8-0.62-0.70.960.620.940.75-0.140.940.980.820.62-0.350.930.940.950.570.650.840.97
0.710.52-0.470.70.710.67-0.61-0.70.710.830.710.64-0.050.70.620.620.95-0.060.690.690.730.570.710.460.69
0.740.39-0.470.690.810.59-0.91-0.850.780.810.730.42-0.50.750.730.390.86-0.570.80.590.780.650.710.540.73
0.80.76-0.020.80.790.92-0.5-0.620.780.540.80.88-0.080.780.820.640.51-0.380.80.760.780.840.460.540.82
1.00.88-0.290.990.990.8-0.68-0.820.990.760.990.75-0.110.990.970.850.75-0.360.980.970.990.970.690.730.82
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Xi An Account Relationship Matchups

Xi An fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.6B4.1B7.0B8.4B8.8B
Short Long Term Debt Total659.3K209.2M762.1M813.4M2.1B2.3B
Other Current Liab(199.5M)11.4M(239.8M)(470.9M)55.5M58.3M
Total Current Liabilities415.9M592.3M839.9M1.4B1.9B2.0B
Total Stockholder Equity1.8B1.9B2.5B4.7B5.4B5.6B
Property Plant And Equipment Net613.1M680.8M736.1M917.3M1.4B804.0M
Net Debt(222.1M)(158.4M)(611.2M)(2.4B)(1.0B)(970.3M)
Retained Earnings448.3M583.2M913.9M1.4B2.1B2.2B
Accounts Payable381.8M369.8M733.6M1.2B703.5M436.0M
Cash222.7M367.5M1.4B3.2B3.2B3.3B
Non Current Assets Total637.4M755.3M885.6M1.3B1.9B953.3M
Non Currrent Assets Other938.2K2.7M72.8M255.9M20.5M19.4M
Cash And Short Term Investments637.7M367.5M1.5B3.2B3.2B3.3B
Net Receivables597.9M663.4M736.7M1.3B2.3B2.5B
Liabilities And Stockholders Equity2.3B2.6B4.1B7.0B8.4B8.8B
Non Current Liabilities Total76.9M76.3M834.8M901.5M1.0B1.1B
Inventory388.6M763.8M1.0B1.2B976.5M562.3M
Other Current Assets2.4M44.8M34.6M23.8M15.1M22.2M
Total Liab492.8M668.6M1.7B2.3B2.9B3.1B
Total Current Assets1.6B1.8B3.2B5.7B6.5B6.8B
Intangible Assets16.5M61.3M61.6M61.3M60.2M36.6M
Other Liab76.9M76.3M72.7M88.1M101.3M86.3M
Net Tangible Assets1.8B1.9B2.4B4.6B5.3B5.6B
Long Term Debt1.8M659.3K762.1M813.4M863.7M906.9M
Deferred Long Term Liab369.1K1.0M1.7M1.4M1.6M1.7M
Property Plant Equipment613.1M680.8M736.1M917.3M1.1B745.2M
Net Invested Capital1.8B1.9B3.2B5.5B6.8B3.4B
Net Working Capital1.2B1.2B2.4B4.3B4.6B2.4B

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Other Information on Investing in 300775 Stock

Balance Sheet is a snapshot of the financial position of Xi An Triangle at a specified time, usually calculated after every quarter, six months, or one year. Xi An Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Xi An 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 300775 currently owns. An asset can also be divided into two categories, current and non-current.