Fujian Total Liab vs Accounts Payable Analysis

603345 Stock   87.78  4.07  4.86%   
Fujian Anjoy financial indicator trend analysis is much more than just examining Fujian Anjoy Foods latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fujian Anjoy Foods is a good investment. Please check the relationship between Fujian Anjoy Total Liab and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fujian Anjoy Foods. 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.

Total Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fujian Anjoy Foods Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have totally related.
The correlation between Fujian Anjoy's Total Liab and Accounts Payable is 0.99. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Fujian Anjoy Foods, assuming nothing else is changed. The correlation between historical values of Fujian Anjoy's Total 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 Total Liab of Fujian Anjoy Foods 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 Total Liab i.e., Fujian Anjoy's Total Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Accounts Payable

An accounting item on the balance sheet that represents Fujian Anjoy 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 Fujian Anjoy Foods 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 Fujian Anjoy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fujian Anjoy Foods 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 Fujian Anjoy Foods. 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 456.8 M, whereas Selling General Administrative is forecasted to decline to about 636.8 M.
 2021 2022 2023 2024 (projected)
Operating Income781.6M1.3B1.8B1.9B
Total Revenue9.3B12.2B14.0B14.7B

Fujian Anjoy fundamental ratios Correlations

0.520.830.990.990.990.810.970.970.940.950.570.990.340.820.980.780.99-0.250.990.910.890.590.870.710.91
0.520.750.450.560.520.730.430.520.570.40.360.580.360.750.490.660.580.40.410.510.190.520.540.70.53
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0.990.450.780.970.980.760.980.950.930.970.540.970.290.760.980.740.97-0.331.00.90.90.520.860.680.91
0.990.560.850.970.990.840.930.970.940.950.511.00.330.830.980.780.99-0.230.960.920.860.580.880.690.89
0.990.520.840.980.990.840.930.990.930.930.590.990.340.840.970.81.0-0.190.970.910.880.640.860.660.88
0.810.730.990.760.840.840.690.850.820.710.60.860.450.990.790.930.870.130.720.90.580.70.880.680.86
0.970.430.740.980.930.930.690.890.90.960.520.920.270.70.950.690.92-0.390.980.870.880.440.840.70.91
0.970.520.840.950.970.990.850.890.950.90.590.980.370.850.950.780.98-0.170.940.910.840.730.840.640.88
0.940.570.830.930.940.930.820.90.950.940.430.940.260.820.970.720.93-0.310.910.930.720.630.850.650.9
0.950.40.730.970.950.930.710.960.90.940.350.930.220.70.990.660.92-0.50.960.90.830.410.850.630.88
0.570.360.620.540.510.590.60.520.590.430.350.550.330.660.430.740.580.340.540.540.540.660.480.420.61
0.990.580.870.971.00.990.860.920.980.940.930.550.350.850.970.81.0-0.180.960.910.860.620.880.70.89
0.340.360.470.290.330.340.450.270.370.260.220.330.350.510.260.450.360.110.270.330.40.570.440.750.35
0.820.750.990.760.830.840.990.70.850.820.70.660.850.510.780.920.860.150.730.90.590.760.880.740.88
0.980.490.80.980.980.970.790.950.950.970.990.430.970.260.780.730.96-0.380.960.930.830.530.870.650.9
0.780.660.930.740.780.80.930.690.780.720.660.740.80.450.920.730.820.120.710.840.610.610.870.670.83
0.990.580.870.970.991.00.870.920.980.930.920.581.00.360.860.960.82-0.150.950.910.860.640.870.680.88
-0.250.40.1-0.33-0.23-0.190.13-0.39-0.17-0.31-0.50.34-0.180.110.15-0.380.12-0.15-0.35-0.26-0.340.28-0.24-0.05-0.24
0.990.410.751.00.960.970.720.980.940.910.960.540.960.270.730.960.710.95-0.350.890.920.50.840.660.9
0.910.510.910.90.920.910.90.870.910.930.90.540.910.330.90.930.840.91-0.260.890.730.590.950.670.97
0.890.190.60.90.860.880.580.880.840.720.830.540.860.40.590.830.610.86-0.340.920.730.440.730.60.74
0.590.520.680.520.580.640.70.440.730.630.410.660.620.570.760.530.610.640.280.50.590.440.480.510.57
0.870.540.910.860.880.860.880.840.840.850.850.480.880.440.880.870.870.87-0.240.840.950.730.480.750.95
0.710.70.750.680.690.660.680.70.640.650.630.420.70.750.740.650.670.68-0.050.660.670.60.510.750.73
0.910.530.90.910.890.880.860.910.880.90.880.610.890.350.880.90.830.88-0.240.90.970.740.570.950.73
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Fujian Anjoy Account Relationship Matchups

Fujian Anjoy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.7B7.1B8.8B16.2B17.3B18.2B
Other Current Liab1.0B639.2M771.7M1.1B331.4M553.3M
Total Current Liabilities2.7B2.5B3.2B3.9B4.0B2.1B
Total Stockholder Equity2.7B3.7B5.1B11.7B12.6B13.3B
Other Liab196.0M168.4M331.1M428.1M492.4M517.0M
Retained Earnings1.4B2.0B2.5B3.4B4.2B4.4B
Accounts Payable1.2B1.3B1.7B1.7B1.9B1.0B
Cash755.8M832.1M1.1B5.5B5.0B5.2B
Other Assets89.9M208.5M224.0M272.6M313.5M329.2M
Net Receivables176.2M349.7M541.0M736.8M569.4M597.8M
Inventory1.7B1.7B2.4B3.1B3.6B3.7B
Other Current Assets106.3M154.7M180.0M212.7M187.6M139.4M
Total Liab2.9B3.4B3.6B4.3B4.4B2.4B
Intangible Assets149.5M202.3M500.1M702.9M682.7M716.9M
Common Stock236.4M236.7M244.4M293.3M337.3M213.3M
Property Plant Equipment2.0B2.4B3.2B4.1B4.7B5.0B
Net Tangible Assets2.6B3.5B4.1B10.2B11.7B12.3B
Non Current Assets Total2.4B2.9B4.4B5.9B6.9B3.7B
Non Currrent Assets Other19.2M21.3M21.2M39.8M79.1M83.1M
Non Current Liabilities Total196.0M903.5M477.3M431.8M393.8M411.0M
Deferred Long Term Liab21.3M14.9M28.6M38.6M44.3M24.5M
Short Long Term Debt340.1M207.9M256.3M489.0M325.4M329.3M
Total Current Assets3.3B4.2B4.4B10.3B10.4B5.3B
Common Stock Shares Outstanding230.1M236.7M244.4M293.3M337.3M271.8M
Net Invested Capital3.1B4.6B5.5B12.2B13.0B6.8B
Net Working Capital586.5M1.6B1.2B6.4B6.4B6.7B
Capital Stock236.4M236.7M244.4M293.3M337.3M278.7M

Currently Active Assets on Macroaxis

Other Information on Investing in Fujian Stock

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