China Inventory vs Accounts Payable Analysis

600675 Stock

2.90 0.05 1.75%

China Enterprise financial indicator trend analysis is way more than just evaluating China Enterprise prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Enterprise is a good investment. Please check the relationship between China Enterprise Inventory and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Enterprise Co. 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 Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China Enterprise Inventory account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.

The correlation between China Enterprise's Inventory and Accounts Payable is 0.6. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of China Enterprise Co, assuming nothing else is changed. The correlation between historical values of China Enterprise's Inventory 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 Inventory of China Enterprise Co 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 Inventory i.e., China Enterprise's Inventory and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.6

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Inventory

Accounts Payable

An accounting item on the balance sheet that represents China Enterprise 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 China Enterprise 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 China Enterprise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Enterprise 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 China Enterprise Co. 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 December 29, 2024, Tax Provision is expected to decline to about 570.2 M. In addition to that, Selling General Administrative is expected to decline to about 320.8 M

	2021	2023	2024 (projected)
Income Tax Expense	871.1M	1.0B	1.1B
Income Before Tax	2.1B	1.0B	1.3B

Income Tax Expense Income Before Tax

China Enterprise fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Inventory	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Good Will	Short Term Investments	Other Current Liab	Total Current Liabilities	Net Tangible Assets	Net Receivables	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		0.77	-0.36	0.79	0.3	0.74	0.68	0.8	0.63	0.98	0.35	0.75	0.49	-0.01	-0.11	-0.37	0.33	0.74	0.12	0.51	-0.77	0.3	0.39	0.7	0.42	0.65
Total Stockholder Equity	0.77		-0.63	0.87	-0.08	0.87	0.89	0.78	0.18	0.65	0.05	0.97	0.69	-0.41	-0.06	-0.38	0.38	0.79	0.06	0.74	-0.9	0.25	0.46	0.92	0.54	0.74
Other Liab	-0.36	-0.63		-0.55	0.14	-0.6	-0.59	-0.37	0.0	-0.24	0.33	-0.62	-0.4	0.26	0.33	-0.1	-0.56	-0.44	-0.29	-0.77	0.55	0.0	-0.64	-0.61	-0.36	-0.46
Retained Earnings	0.79	0.87	-0.55		-0.06	0.63	0.67	0.66	0.31	0.67	0.25	0.76	0.5	-0.04	0.19	-0.07	0.31	0.59	0.11	0.75	-0.69	0.02	0.42	0.79	0.61	0.62
Accounts Payable	0.3	-0.08	0.14	-0.06		0.2	-0.04	0.05	0.6	0.41	0.54	-0.02	-0.25	0.15	-0.17	0.08	0.21	0.26	0.52	-0.06	-0.15	0.66	0.01	-0.12	-0.07	-0.31
Cash	0.74	0.87	-0.6	0.63	0.2		0.93	0.74	0.3	0.68	-0.01	0.93	0.7	-0.53	-0.4	-0.46	0.61	0.89	0.26	0.66	-0.93	0.51	0.61	0.79	0.32	0.67
Other Assets	0.68	0.89	-0.59	0.67	-0.04	0.93		0.83	0.23	0.6	-0.03	0.95	0.89	-0.63	-0.31	-0.56	0.46	0.84	-0.03	0.68	-0.86	0.29	0.58	0.84	0.38	0.81
Long Term Debt	0.8	0.78	-0.37	0.66	0.05	0.74	0.83		0.47	0.79	0.27	0.81	0.79	-0.36	-0.09	-0.61	0.15	0.68	-0.22	0.42	-0.71	0.18	0.33	0.76	0.44	0.88
Inventory	0.63	0.18	0.0	0.31	0.6	0.3	0.23	0.47		0.73	0.66	0.19	0.2	0.08	-0.02	-0.08	0.39	0.26	0.18	0.24	-0.19	0.19	0.43	-0.01	-0.17	0.14
Total Liab	0.98	0.65	-0.24	0.67	0.41	0.68	0.6	0.79	0.73		0.43	0.65	0.44	0.01	-0.15	-0.4	0.31	0.68	0.12	0.38	-0.69	0.33	0.35	0.57	0.31	0.59
Intangible Assets	0.35	0.05	0.33	0.25	0.54	-0.01	-0.03	0.27	0.66	0.43		-0.02	0.02	0.1	0.39	0.11	-0.04	-0.09	0.06	-0.08	0.09	0.0	-0.07	-0.09	-0.01	-0.12
Common Stock	0.75	0.97	-0.62	0.76	-0.02	0.93	0.95	0.81	0.19	0.65	-0.02		0.76	-0.53	-0.19	-0.52	0.4	0.87	0.02	0.72	-0.93	0.37	0.48	0.89	0.45	0.76
Property Plant Equipment	0.49	0.69	-0.4	0.5	-0.25	0.7	0.89	0.79	0.2	0.44	0.02	0.76		-0.71	-0.29	-0.65	0.27	0.56	-0.36	0.49	-0.56	-0.05	0.46	0.64	0.21	0.8
Good Will	-0.01	-0.41	0.26	-0.04	0.15	-0.53	-0.63	-0.36	0.08	0.01	0.1	-0.53	-0.71		0.25	0.47	-0.3	-0.33	0.18	-0.28	0.32	-0.13	-0.32	-0.28	0.21	-0.29
Short Term Investments	-0.11	-0.06	0.33	0.19	-0.17	-0.4	-0.31	-0.09	-0.02	-0.15	0.39	-0.19	-0.29	0.25		0.35	-0.4	-0.34	-0.09	-0.12	0.28	-0.2	-0.32	-0.12	0.1	-0.16
Other Current Liab	-0.37	-0.38	-0.1	-0.07	0.08	-0.46	-0.56	-0.61	-0.08	-0.4	0.11	-0.52	-0.65	0.47	0.35		0.19	-0.59	0.6	-0.02	0.49	-0.29	0.08	-0.39	-0.07	-0.6
Total Current Liabilities	0.33	0.38	-0.56	0.31	0.21	0.61	0.46	0.15	0.39	0.31	-0.04	0.4	0.27	-0.3	-0.4	0.19		0.35	0.65	0.61	-0.4	0.21	0.93	0.18	-0.24	0.11
Net Tangible Assets	0.74	0.79	-0.44	0.59	0.26	0.89	0.84	0.68	0.26	0.68	-0.09	0.87	0.56	-0.33	-0.34	-0.59	0.35		0.12	0.61	-0.96	0.67	0.37	0.78	0.44	0.63
Net Receivables	0.12	0.06	-0.29	0.11	0.52	0.26	-0.03	-0.22	0.18	0.12	0.06	0.02	-0.36	0.18	-0.09	0.6	0.65	0.12		0.2	-0.19	0.43	0.42	0.03	0.01	-0.3
Other Current Assets	0.51	0.74	-0.77	0.75	-0.06	0.66	0.68	0.42	0.24	0.38	-0.08	0.72	0.49	-0.28	-0.12	-0.02	0.61	0.61	0.2		-0.65	0.11	0.71	0.58	0.27	0.4
Other Stockholder Equity	-0.77	-0.9	0.55	-0.69	-0.15	-0.93	-0.86	-0.71	-0.19	-0.69	0.09	-0.93	-0.56	0.32	0.28	0.49	-0.4	-0.96	-0.19	-0.65		-0.59	-0.41	-0.88	-0.53	-0.68
Deferred Long Term Liab	0.3	0.25	0.0	0.02	0.66	0.51	0.29	0.18	0.19	0.33	0.0	0.37	-0.05	-0.13	-0.2	-0.29	0.21	0.67	0.43	0.11	-0.59		0.04	0.26	0.12	0.01
Total Current Assets	0.39	0.46	-0.64	0.42	0.01	0.61	0.58	0.33	0.43	0.35	-0.07	0.48	0.46	-0.32	-0.32	0.08	0.93	0.37	0.42	0.71	-0.41	0.04		0.27	-0.17	0.35
Non Current Assets Total	0.7	0.92	-0.61	0.79	-0.12	0.79	0.84	0.76	-0.01	0.57	-0.09	0.89	0.64	-0.28	-0.12	-0.39	0.18	0.78	0.03	0.58	-0.88	0.26	0.27		0.78	0.81
Non Currrent Assets Other	0.42	0.54	-0.36	0.61	-0.07	0.32	0.38	0.44	-0.17	0.31	-0.01	0.45	0.21	0.21	0.1	-0.07	-0.24	0.44	0.01	0.27	-0.53	0.12	-0.17	0.78		0.51
Non Current Liabilities Total	0.65	0.74	-0.46	0.62	-0.31	0.67	0.81	0.88	0.14	0.59	-0.12	0.76	0.8	-0.29	-0.16	-0.6	0.11	0.63	-0.3	0.4	-0.68	0.01	0.35	0.81	0.51

Click cells to compare fundamentals

China Enterprise Account Relationship Matchups

China Enterprise fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.9B	49.3B	54.2B	66.7B	60.2B	30.3B
Total Stockholder Equity	15.2B	15.7B	15.5B	14.4B	14.8B	15.6B
Other Liab	1.4B	197.3M	368.2M	807.6M	928.8M	882.3M
Retained Earnings	6.8B	7.4B	7.4B	6.1B	6.6B	3.3B
Accounts Payable	2.7B	2.2B	1.9B	1.8B	2.4B	1.7B
Cash	13.7B	11.6B	14.3B	17.3B	18.5B	19.4B
Other Assets	11.0B	12.7B	12.4B	19.4B	22.3B	23.4B
Long Term Debt	15.2B	10.7B	19.4B	20.2B	15.7B	16.4B
Inventory	22.7B	20.4B	16.8B	34.9B	27.0B	17.0B
Total Liab	37.0B	31.9B	37.2B	49.6B	43.1B	22.3B
Intangible Assets	73.6M	70.8M	71.6M	65.0M	68.0M	65.7M
Property Plant Equipment	189.5M	221.6M	300.5M	543.7M	625.3M	656.5M
Short Term Investments	167.9M	90.7M	70.5M	41.7M	44.7M	60.9M
Other Current Liab	13.5B	8.4B	5.6B	1.1B	849.8M	807.3M
Total Current Liabilities	21.7B	20.9B	16.9B	29.0B	27.0B	26.1B
Net Tangible Assets	13.7B	15.1B	15.7B	15.5B	17.8B	14.0B
Net Receivables	1.8B	107.1M	160.3M	256.9M	242.7M	230.5M
Other Current Assets	711.5M	1.5B	391.5M	857.0M	1.1B	636.7M
Deferred Long Term Liab	14.9M	16.1M	11.1M	7.7M	8.9M	12.5M
Total Current Assets	39.0B	36.0B	32.8B	54.4B	47.1B	44.5B
Non Current Assets Total	14.8B	13.4B	21.4B	12.3B	13.1B	13.3B
Non Currrent Assets Other	4.0B	4.2B	10.2B	503.0M	12.0M	11.4M
Non Current Liabilities Total	15.3B	11.0B	20.2B	20.6B	16.1B	15.1B
Non Current Liabilities Other	1.3B	6M	260.0M	16.8M	17.5M	16.6M
Net Invested Capital	30.3B	26.4B	34.9B	34.6B	30.5B	29.5B
Net Working Capital	17.3B	15.1B	15.9B	25.4B	20.1B	18.0B

Currently Active Assets on Macroaxis

C	Citigroup
GM	General Motors
F	Ford Motor
GM	General Motors
V	Visa Class A

Other Information on Investing in China Stock

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

China Inventory vs Accounts Payable Analysis

Inventory vs Accounts Payable

Inventory vs Accounts Payable Correlation Analysis

Correlation Coefficient

Inventory

Accounts Payable

China Enterprise fundamental ratios Correlations

China Enterprise Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China Enterprise fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in China Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.98	Total Assets
Common Stock	+ 0.97	Total Stockholder Equity
Common Stock	+ 0.95	Other Assets
Other Assets	+ 0.93	Cash
Common Stock	+ 0.93	Cash
Total Current Assets	+ 0.93	Total Current Liabilities

Other Stockholder Equity	- 0.96	Net Tangible Assets
Other Stockholder Equity	- 0.93	Common Stock
Other Stockholder Equity	- 0.93	Cash
Other Stockholder Equity	- 0.9	Total Stockholder Equity
Non Current Assets Total	- 0.88	Other Stockholder Equity
Other Stockholder Equity	- 0.86	Other Assets