600551 Stock | | | 8.48 0.30 3.42% |
Time Publishing financial indicator trend analysis is much more than just breaking down Time Publishing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Time Publishing is a good investment. Please check the relationship between Time Publishing Accounts Payable and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Time Publishing and. 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 Inventory
Accounts Payable vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Time Publishing Accounts Payable account and
Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Time Publishing's Accounts Payable and Inventory is 0.64. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Time Publishing and, assuming nothing else is changed. The correlation between historical values of Time Publishing's Accounts Payable and Inventory 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 Time Publishing and are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Time Publishing's Accounts Payable and Inventory go up and down completely randomly.
Correlation Coefficient | 0.64 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Time Publishing 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 Time Publishing 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.
Inventory
Most indicators from Time Publishing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Time Publishing 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 Time Publishing and. 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
Selling General Administrative is expected to grow to about 213.1
M, whereas
Tax Provision is projected to grow to (83.1
M).
Time Publishing fundamental ratios Correlations
Click cells to compare fundamentals
Time Publishing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Time Publishing fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Time Stock
Balance Sheet is a snapshot of the
financial position of Time Publishing at a specified time, usually calculated after every quarter, six months, or one year. Time Publishing Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Time Publishing 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 Time currently owns. An asset can also be divided into two categories, current and non-current.