Bank Net Receivables vs Accounts Payable Analysis

601577 Stock

8.78 0.03 0.34%

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

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

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

The correlation between Bank of Changsha's Net Receivables and Accounts Payable is 0.87. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Bank of Changsha, assuming nothing else is changed. The correlation between historical values of Bank of Changsha's Net Receivables 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 Net Receivables of Bank of Changsha 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 Net Receivables i.e., Bank of Changsha's Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.87

Relationship Direction	Positive
Relationship Strength	Strong

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Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Bank of Changsha 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 Bank of Changsha 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 Bank of Changsha's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bank of Changsha 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 Bank of Changsha. 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 12, 2024, Selling General Administrative is expected to decline to about 5.4 B. In addition to that, Tax Provision is expected to decline to about 1.4 B

	2023	2024 (projected)
Gross Profit	19.6B	11.3B
Total Revenue	24.9B	17.9B

Gross Profit Total Revenue

Bank of Changsha fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment	Net Debt	Common Stock Shares Outstanding	Net Invested Capital
Total Assets		0.8	1.0	0.99	0.67	0.99	0.96	1.0	0.48	0.99	0.88	0.87	0.38	0.73	0.85	-0.1	1.0	0.93	0.93	0.97	0.88	0.94	0.98	0.92	0.94	0.97
Other Current Liab	0.8		0.78	0.81	0.5	0.79	0.73	0.79	0.23	0.79	0.49	0.71	0.46	0.39	0.56	0.26	0.8	0.64	0.82	0.8	0.95	0.84	0.74	0.86	0.87	0.85
Total Current Liabilities	1.0	0.78		0.99	0.67	0.99	0.95	1.0	0.47	0.99	0.89	0.87	0.38	0.72	0.85	-0.11	1.0	0.92	0.92	0.98	0.86	0.95	0.98	0.91	0.93	0.96
Total Stockholder Equity	0.99	0.81	0.99		0.64	0.99	0.96	0.99	0.52	1.0	0.85	0.88	0.46	0.69	0.77	0.01	0.99	0.9	0.96	0.98	0.87	0.95	0.97	0.95	0.95	0.99
Other Liab	0.67	0.5	0.67	0.64		0.62	0.61	0.67	0.33	0.63	0.65	0.46	-0.21	0.59	0.71	-0.47	0.68	0.73	0.53	0.71	0.59	0.57	0.69	0.66	0.58	0.6
Net Tangible Assets	0.99	0.79	0.99	0.99	0.62		0.94	0.99	0.5	1.0	0.85	0.87	0.47	0.67	0.78	0.0	0.99	0.89	0.95	0.97	0.86	0.97	0.98	0.93	0.95	0.97
Retained Earnings	0.96	0.73	0.95	0.96	0.61	0.94		0.94	0.55	0.95	0.88	0.88	0.33	0.77	0.77	-0.11	0.96	0.91	0.91	0.92	0.82	0.85	0.93	0.91	0.85	0.96
Accounts Payable	1.0	0.79	1.0	0.99	0.67	0.99	0.94		0.47	0.99	0.87	0.87	0.38	0.7	0.85	-0.11	1.0	0.91	0.92	0.98	0.86	0.95	0.98	0.92	0.94	0.95
Cash	0.48	0.23	0.47	0.52	0.33	0.5	0.55	0.47		0.48	0.43	0.58	0.12	0.35	0.31	-0.13	0.47	0.57	0.49	0.45	0.31	0.49	0.55	0.58	0.49	0.52
Other Assets	0.99	0.79	0.99	1.0	0.63	1.0	0.95	0.99	0.48		0.85	0.89	0.46	0.68	0.79	-0.03	0.99	0.89	0.95	0.98	0.86	0.95	0.97	0.93	0.94	0.97
Long Term Debt	0.88	0.49	0.89	0.85	0.65	0.85	0.88	0.87	0.43	0.85		0.75	0.16	0.94	0.9	-0.37	0.89	0.95	0.72	0.82	0.64	0.73	0.86	0.69	0.72	0.81
Net Receivables	0.87	0.71	0.87	0.88	0.46	0.87	0.88	0.87	0.58	0.89	0.75		0.44	0.64	0.64	-0.07	0.87	0.83	0.9	0.87	0.68	0.79	0.82	0.86	0.78	0.88
Short Term Investments	0.38	0.46	0.38	0.46	-0.21	0.47	0.33	0.38	0.12	0.46	0.16	0.44		0.07	-0.04	0.79	0.37	0.19	0.62	0.4	0.37	0.53	0.3	0.43	0.51	0.49
Inventory	0.73	0.39	0.72	0.69	0.59	0.67	0.77	0.7	0.35	0.68	0.94	0.64	0.07		0.8	-0.39	0.74	0.9	0.57	0.64	0.52	0.54	0.68	0.54	0.55	0.7
Other Current Assets	0.85	0.56	0.85	0.77	0.71	0.78	0.77	0.85	0.31	0.79	0.9	0.64	-0.04	0.8		-0.49	0.85	0.87	0.61	0.78	0.73	0.72	0.85	0.65	0.73	0.72
Other Stockholder Equity	-0.1	0.26	-0.11	0.01	-0.47	0.0	-0.11	-0.11	-0.13	-0.03	-0.37	-0.07	0.79	-0.39	-0.49		-0.1	-0.3	0.19	-0.07	0.14	0.13	-0.17	0.08	0.14	0.08
Total Liab	1.0	0.8	1.0	0.99	0.68	0.99	0.96	1.0	0.47	0.99	0.89	0.87	0.37	0.74	0.85	-0.1		0.93	0.92	0.97	0.88	0.94	0.98	0.92	0.94	0.97
Deferred Long Term Liab	0.93	0.64	0.92	0.9	0.73	0.89	0.91	0.91	0.57	0.89	0.95	0.83	0.19	0.9	0.87	-0.3	0.93		0.8	0.86	0.75	0.82	0.91	0.81	0.82	0.89
Long Term Investments	0.93	0.82	0.92	0.96	0.53	0.95	0.91	0.92	0.49	0.95	0.72	0.9	0.62	0.57	0.61	0.19	0.92	0.8		0.95	0.83	0.91	0.87	0.96	0.9	0.96
Total Current Assets	0.97	0.8	0.98	0.98	0.71	0.97	0.92	0.98	0.45	0.98	0.82	0.87	0.4	0.64	0.78	-0.07	0.97	0.86	0.95		0.85	0.92	0.95	0.95	0.91	0.95
Intangible Assets	0.88	0.95	0.86	0.87	0.59	0.86	0.82	0.86	0.31	0.86	0.64	0.68	0.37	0.52	0.73	0.14	0.88	0.75	0.83	0.85		0.89	0.84	0.89	0.93	0.89
Common Stock	0.94	0.84	0.95	0.95	0.57	0.97	0.85	0.95	0.49	0.95	0.73	0.79	0.53	0.54	0.72	0.13	0.94	0.82	0.91	0.92	0.89		0.94	0.91	0.99	0.93
Property Plant Equipment	0.98	0.74	0.98	0.97	0.69	0.98	0.93	0.98	0.55	0.97	0.86	0.82	0.3	0.68	0.85	-0.17	0.98	0.91	0.87	0.95	0.84	0.94		0.9	0.93	0.93
Net Debt	0.92	0.86	0.91	0.95	0.66	0.93	0.91	0.92	0.58	0.93	0.69	0.86	0.43	0.54	0.65	0.08	0.92	0.81	0.96	0.95	0.89	0.91	0.9		0.92	0.96
Common Stock Shares Outstanding	0.94	0.87	0.93	0.95	0.58	0.95	0.85	0.94	0.49	0.94	0.72	0.78	0.51	0.55	0.73	0.14	0.94	0.82	0.9	0.91	0.93	0.99	0.93	0.92		0.94
Net Invested Capital	0.97	0.85	0.96	0.99	0.6	0.97	0.96	0.95	0.52	0.97	0.81	0.88	0.49	0.7	0.72	0.08	0.97	0.89	0.96	0.95	0.89	0.93	0.93	0.96	0.94

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Bank of Changsha Account Relationship Matchups

Bank of Changsha fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	602.0B	704.2B	796.2B	904.7B	1.0T	695.8B
Other Current Liab	1.1B	1.8B	1.5B	2.6B	3.0B	3.1B
Total Current Liabilities	531.6B	619.4B	710.7B	809.2B	930.6B	577.3B
Total Stockholder Equity	40.6B	44.3B	55.0B	60.2B	66.1B	43.8B
Other Liab	2.3B	1.8B	2.0B	2.0B	2.3B	2.1B
Net Tangible Assets	34.0B	37.7B	48.2B	52.7B	60.6B	36.2B
Retained Earnings	25.0B	28.9B	33.6B	38.7B	30.2B	26.8B
Accounts Payable	401.3B	479.1B	535.9B	607.2B	698.3B	447.2B
Cash	55.3B	63.0B	611.2B	77.2B	74.4B	125.2B
Other Assets	255.4B	310.9B	364.8B	426.6B	490.6B	263.6B
Net Receivables	108.9M	328.2M	287.6M	226.3M	260.3M	165.4M
Inventory	421.4M	407.4M	302.0M	259.5M	298.5M	317.0M
Other Current Assets	38.1B	42.1B	41.1B	45.0B	51.8B	44.6B
Other Stockholder Equity	297.3M	72.1M	183.7M	319.2M	367.0M	385.4M
Total Liab	560.2B	658.5B	739.5B	842.6B	951.7B	650.8B
Deferred Long Term Liab	322.6M	336.0M	363.6M	318.2M	365.9M	332.8M
Long Term Investments	282.8B	326.0B	359.1B	384.8B	423.5B	274.9B
Total Current Assets	137.6B	150.8B	167.6B	199.2B	229.1B	127.1B
Intangible Assets	615.1M	622.0M	854.3M	1.5B	1.7B	1.7B
Property Plant Equipment	1.6B	1.8B	3.0B	3.2B	3.7B	2.0B
Net Debt	77.8B	79.9B	97.0B	97.1B	97.9B	88.7B
Net Invested Capital	167.8B	181.2B	211.4B	228.6B	232.4B	195.5B

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Other Information on Investing in Bank Stock

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

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Bank Net Receivables vs Accounts Payable Analysis

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

Correlation Coefficient

Net Receivables

Accounts Payable

Bank of Changsha fundamental ratios Correlations

Bank of Changsha Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Bank of Changsha fundamental ratios Accounts

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Other Information on Investing in Bank Stock

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Total Current Liabilities	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Total Liab	+ 1.0	Total Current Liabilities
Other Assets	+ 1.0	Total Stockholder Equity

Other Stockholder Equity	- 0.49	Other Current Assets
Other Stockholder Equity	- 0.47	Other Liab
Other Stockholder Equity	- 0.39	Inventory
Other Stockholder Equity	- 0.37	Long Term Debt
Deferred Long Term Liab	- 0.3	Other Stockholder Equity
Short Term Investments	- 0.21	Other Liab