600300 Total Current Assets vs Net Receivables Analysis

600300 Stock   3.11  0.09  2.98%   
V V financial indicator trend analysis is much more than just breaking down V V Food prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether V V Food is a good investment. Please check the relationship between V V Total Current Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in V V Food. 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.

Total Current Assets vs Net Receivables

Total Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of V V Food Total Current Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between V V's Total Current Assets and Net Receivables is 0.73. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of V V Food, assuming nothing else is changed. The correlation between historical values of V V's Total Current Assets 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 Total Current Assets of V V Food 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 Total Current Assets i.e., V V's Total Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Receivables

Most indicators from V V's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into V V Food 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 V V Food. 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.
As of December 2, 2024, Selling General Administrative is expected to decline to about 117.2 M. In addition to that, Tax Provision is expected to decline to about 87.9 M
 2021 2022 2023 2024 (projected)
Operating Income408.9M352.2M378.0M213.2M
Total Revenue4.6B4.2B4.0B4.0B

V V fundamental ratios Correlations

0.630.90.350.680.030.80.510.050.660.290.720.80.940.260.660.890.310.5-0.360.23-0.090.50.53-0.010.41
0.630.65-0.060.33-0.510.680.160.180.610.510.650.640.730.10.30.520.440.17-0.640.61-0.560.110.68-0.530.72
0.90.650.160.59-0.150.710.68-0.20.720.340.580.820.980.070.470.70.070.68-0.440.23-0.040.720.690.050.54
0.35-0.060.160.190.80.040.070.14-0.2-0.330.150.120.180.540.880.540.120.050.59-0.580.60.16-0.550.59-0.45
0.680.330.590.19-0.060.620.330.350.550.170.360.670.670.160.440.670.420.4-0.350.21-0.080.330.37-0.020.36
0.03-0.51-0.150.8-0.06-0.190.12-0.11-0.54-0.59-0.18-0.23-0.20.360.510.17-0.210.00.81-0.820.770.14-0.720.76-0.79
0.80.680.710.040.62-0.190.260.140.680.310.780.60.750.220.440.690.270.26-0.570.44-0.380.190.6-0.320.47
0.510.160.680.070.330.120.26-0.340.22-0.23-0.050.390.59-0.450.170.38-0.240.750.06-0.280.40.870.420.450.03
0.050.18-0.20.140.35-0.110.14-0.340.16-0.16-0.020.05-0.03-0.010.290.410.78-0.38-0.050.13-0.2-0.42-0.18-0.240.01
0.660.610.72-0.20.55-0.540.680.220.160.470.490.780.760.020.180.530.250.26-0.710.61-0.40.370.73-0.30.71
0.290.510.34-0.330.17-0.590.31-0.23-0.160.470.60.480.370.3-0.110.020.180.02-0.710.73-0.66-0.150.6-0.660.66
0.720.650.580.150.36-0.180.78-0.05-0.020.490.60.480.640.510.450.570.310.13-0.550.56-0.52-0.080.48-0.490.5
0.80.640.820.120.67-0.230.60.390.050.780.480.480.850.250.420.650.220.53-0.530.38-0.150.550.6-0.050.6
0.940.730.980.180.67-0.20.750.59-0.030.760.370.640.850.120.520.780.260.59-0.490.32-0.140.610.69-0.060.59
0.260.10.070.540.160.360.22-0.45-0.010.020.30.510.250.120.490.230.22-0.13-0.030.05-0.03-0.2-0.280.00.04
0.660.30.470.880.440.510.440.170.290.18-0.110.450.420.520.490.830.290.180.25-0.280.340.21-0.180.34-0.13
0.890.520.70.540.670.170.690.380.410.530.020.570.650.780.230.830.480.34-0.140.060.050.340.240.090.2
0.310.440.070.120.42-0.210.27-0.240.780.250.180.310.220.260.220.290.48-0.25-0.280.35-0.43-0.360.09-0.450.3
0.50.170.680.050.40.00.260.75-0.380.260.020.130.530.59-0.130.180.34-0.25-0.22-0.150.330.810.360.390.32
-0.36-0.64-0.440.59-0.350.81-0.570.06-0.05-0.71-0.71-0.55-0.53-0.49-0.030.25-0.14-0.28-0.22-0.860.770.0-0.770.71-0.92
0.230.610.23-0.580.21-0.820.44-0.280.130.610.730.560.380.320.05-0.280.060.35-0.15-0.86-0.95-0.280.72-0.890.81
-0.09-0.56-0.040.6-0.080.77-0.380.4-0.2-0.4-0.66-0.52-0.15-0.14-0.030.340.05-0.430.330.77-0.950.51-0.60.98-0.68
0.50.110.720.160.330.140.190.87-0.420.37-0.15-0.080.550.61-0.20.210.34-0.360.810.0-0.280.510.330.60.14
0.530.680.69-0.550.37-0.720.60.42-0.180.730.60.480.60.69-0.28-0.180.240.090.36-0.770.72-0.60.33-0.540.76
-0.01-0.530.050.59-0.020.76-0.320.45-0.24-0.3-0.66-0.49-0.05-0.060.00.340.09-0.450.390.71-0.890.980.6-0.54-0.6
0.410.720.54-0.450.36-0.790.470.030.010.710.660.50.60.590.04-0.130.20.30.32-0.920.81-0.680.140.76-0.6
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V V Account Relationship Matchups

V V fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4B6.7B5.2B5.0B4.5B5.8B
Other Current Liab609.8M453.9M320.3M319.5M20.0M19.0M
Total Current Liabilities5.8B3.5B1.6B1.5B1.1B1.0B
Total Stockholder Equity2.5B3.0B3.0B3.1B3.2B2.4B
Other Liab178.0M77.7M90.1M84.6M97.3M105.9M
Retained Earnings794.1M1.2B1.3B1.1B1.3B1.3B
Accounts Payable764.5M287.2M316.9M274.4M240.2M471.7M
Cash2.7B2.2B680.3M570.3M661.4M1.1B
Other Assets62.5M35.2M26.9M193.7M222.8M131.1M
Net Receivables757.5M101.9M67.5M106.2M58.1M55.2M
Short Term Investments15.1M5.0M7.0M14.1M90.5K86.0K
Inventory1.3B677.3M612.6M790.2M699.6M1.0B
Other Current Assets230.1M134.0M101.1M98.2M78.2M74.3M
Total Liab5.7B3.7B2.1B1.9B1.2B1.2B
Intangible Assets310.3M243.7M807.6M735.5M659.4M472.6M
Property Plant Equipment2.7B2.3B2.1B1.9B2.2B2.0B
Long Term Debt74.8M143M335.7M313.9M89.2M84.8M
Good Will343.1M327.1M302.2M39.8M45.7M43.4M
Net Tangible Assets1.9B2.7B2.2B2.3B2.7B2.2B
Deferred Long Term Liab4.9M4.2M3.6M3.3M3.0M4.4M
Short Long Term Debt3.9B2.4B779.7M534M135.0M128.2M
Total Current Assets5.0B3.7B1.7B1.8B1.6B2.8B
Non Current Assets Total3.7B3.0B3.4B3.2B2.8B2.8B
Non Currrent Assets Other17.0M9.0M5.1M2.3M5.0M4.8M
Non Current Liabilities Total252.8M220.7M448.2M417.6M177.2M253.6M
Other Stockholder Equity513.4K(22.3M)3.7M1.7M1.5M1.6M
Non Current Liabilities Other93.1M60.6M8.7M4.4M1.6M1.5M
Net Debt1.3B342.1M435.1M277.7M249.9M237.4M
Net Invested Capital6.5B5.5B4.1B3.9B3.4B4.1B
Net Working Capital(813.2M)255.2M112.0M344.4M553.3M580.9M

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Other Information on Investing in 600300 Stock

Balance Sheet is a snapshot of the financial position of V V Food at a specified time, usually calculated after every quarter, six months, or one year. V V Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of V V 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 600300 currently owns. An asset can also be divided into two categories, current and non-current.