Jiujiang Other Current Liab vs Accounts Payable Analysis

301190 Stock   16.76  0.35  2.13%   
Jiujiang Shanshui financial indicator trend analysis is infinitely more than just investigating Jiujiang Shanshui recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiujiang Shanshui is a good investment. Please check the relationship between Jiujiang Shanshui Other Current Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiujiang Shanshui Technology. 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.

Other Current Liab vs Accounts Payable

Other Current Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiujiang Shanshui Other Current Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Jiujiang Shanshui's Other Current Liab and Accounts Payable is 0.77. Overlapping area represents the amount of variation of Other Current Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Jiujiang Shanshui Technology, assuming nothing else is changed. The correlation between historical values of Jiujiang Shanshui's Other Current Liab 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 Other Current Liab of Jiujiang Shanshui Technology 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 Other Current Liab i.e., Jiujiang Shanshui's Other Current Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Liab

Accounts Payable

An accounting item on the balance sheet that represents Jiujiang Shanshui 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 Jiujiang Shanshui 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 Jiujiang Shanshui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiujiang Shanshui 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 Jiujiang Shanshui Technology. 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 16.2 M. The current year's Selling General Administrative is expected to grow to about 24.5 M
 2022 2023 2024 (projected)
Interest Expense1.9M1.9M1.4M
Interest Income26.0M36.9M38.7M

Jiujiang Shanshui fundamental ratios Correlations

0.730.661.00.980.570.990.740.53-0.080.980.840.70.920.550.821.00.990.980.980.840.770.970.79-0.51
0.730.910.70.620.770.720.7-0.10.50.820.250.160.820.680.930.690.70.820.640.470.740.60.75-0.64
0.660.910.610.590.830.590.78-0.020.560.780.23-0.030.770.890.970.60.570.780.50.450.90.450.9-0.63
1.00.70.610.980.530.990.720.56-0.130.970.860.740.910.510.791.01.00.970.990.840.740.980.76-0.49
0.980.620.590.980.560.950.750.58-0.110.950.910.70.910.590.760.980.970.950.960.920.750.950.77-0.52
0.570.770.830.530.560.490.93-0.040.490.70.29-0.160.680.820.810.520.50.70.430.490.810.40.81-0.95
0.990.720.590.990.950.490.670.52-0.140.950.810.760.890.440.770.991.00.950.990.790.690.980.71-0.46
0.740.70.780.720.750.930.670.320.180.830.580.120.740.770.820.710.680.830.630.640.90.620.91-0.9
0.53-0.1-0.020.560.58-0.040.520.32-0.80.440.80.670.22-0.010.140.570.530.440.560.420.380.610.390.0
-0.080.50.56-0.13-0.110.49-0.140.18-0.80.06-0.45-0.580.280.610.41-0.14-0.130.06-0.20.020.22-0.270.2-0.33
0.980.820.780.970.950.70.950.830.440.060.750.560.940.680.910.970.951.00.920.80.860.910.88-0.61
0.840.250.230.860.910.290.810.580.8-0.450.750.80.680.320.440.860.850.750.870.870.540.880.56-0.34
0.70.16-0.030.740.7-0.160.760.120.67-0.580.560.80.5-0.110.210.750.770.560.820.620.150.840.180.11
0.920.820.770.910.910.680.890.740.220.280.940.680.50.740.880.90.90.940.870.880.760.830.78-0.59
0.550.680.890.510.590.820.440.77-0.010.610.680.32-0.110.740.840.50.460.680.390.60.860.340.86-0.63
0.820.930.970.790.760.810.770.820.140.410.910.440.210.880.840.780.760.910.70.610.920.660.92-0.64
1.00.690.61.00.980.520.990.710.57-0.140.970.860.750.90.50.781.00.970.990.840.730.980.75-0.49
0.990.70.571.00.970.51.00.680.53-0.130.950.850.770.90.460.761.00.951.00.840.680.990.7-0.47
0.980.820.780.970.950.70.950.830.440.061.00.750.560.940.680.910.970.950.920.80.860.910.88-0.61
0.980.640.50.990.960.430.990.630.56-0.20.920.870.820.870.390.70.991.00.920.840.621.00.65-0.43
0.840.470.450.840.920.490.790.640.420.020.80.870.620.880.60.610.840.840.80.840.590.810.61-0.48
0.770.740.90.740.750.810.690.90.380.220.860.540.150.760.860.920.730.680.860.620.590.61.0-0.66
0.970.60.450.980.950.40.980.620.61-0.270.910.880.840.830.340.660.980.990.911.00.810.60.63-0.41
0.790.750.90.760.770.810.710.910.390.20.880.560.180.780.860.920.750.70.880.650.611.00.63-0.67
-0.51-0.64-0.63-0.49-0.52-0.95-0.46-0.90.0-0.33-0.61-0.340.11-0.59-0.63-0.64-0.49-0.47-0.61-0.43-0.48-0.66-0.41-0.67
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Jiujiang Shanshui Account Relationship Matchups

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Other Information on Investing in Jiujiang Stock

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