Chahua Total Current Assets vs Net Receivables Analysis

603615 Stock

22.10 0.61 2.69%

Chahua Modern financial indicator trend analysis is way more than just evaluating Chahua Modern Housewares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chahua Modern Housewares is a good investment. Please check the relationship between Chahua Modern 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 Chahua Modern Housewares. 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 Chahua Modern Housewares Total Current Assets account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Chahua Modern's Total Current Assets and Net Receivables is 0.8. 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 Chahua Modern Housewares, assuming nothing else is changed. The correlation between historical values of Chahua Modern'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 Chahua Modern Housewares 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., Chahua Modern's Total Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.8

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

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 Chahua Modern's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chahua Modern Housewares 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 Chahua Modern Housewares. 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 November 26, 2024, Selling General Administrative is expected to decline to about 85.3 M. In addition to that, Tax Provision is expected to decline to about 1.8 M

	2021	2022	2023	2024 (projected)
Cost Of Revenue	626.2M	537.6M	490.8M	538.8M
Research Development	10.1M	7.7M	7.5M	9.2M

Cost Of Revenue Research Development

Chahua Modern fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Net Tangible Assets	Deferred Long Term Liab	Total Current Assets	Non Current Assets Total	Non Currrent Assets Other	Short Term Investments	Non Current Liabilities Total	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital
Total Assets		-0.13	0.72	0.99	0.82	0.96	0.91	0.77	0.92	0.57	0.32	0.75	0.81	0.93	0.85	0.66	0.97	0.61	0.92	0.75	-0.17	0.95	0.58	0.4	-0.26	-0.72
Other Current Liab	-0.13		-0.04	-0.13	-0.04	-0.28	-0.2	-0.02	-0.09	0.12	0.05	-0.13	-0.17	-0.23	-0.16	-0.48	-0.19	-0.15	-0.21	-0.01	0.85	-0.17	-0.4	-0.48	0.41	0.21
Total Current Liabilities	0.72	-0.04		0.65	0.36	0.7	0.6	0.84	0.75	0.41	0.03	0.98	0.52	0.82	0.87	0.73	0.73	0.74	0.6	0.7	-0.09	0.75	0.57	0.77	-0.14	-0.72
Total Stockholder Equity	0.99	-0.13	0.65		0.85	0.95	0.92	0.71	0.89	0.56	0.36	0.68	0.81	0.9	0.8	0.6	0.96	0.54	0.93	0.71	-0.16	0.93	0.53	0.32	-0.25	-0.67
Retained Earnings	0.82	-0.04	0.36	0.85		0.77	0.79	0.44	0.57	0.39	0.39	0.35	0.83	0.56	0.52	0.26	0.7	0.24	0.74	0.42	0.03	0.61	0.17	0.04	-0.13	-0.34
Accounts Payable	0.96	-0.28	0.7	0.95	0.77		0.91	0.75	0.89	0.46	0.18	0.75	0.72	0.91	0.83	0.69	0.94	0.62	0.9	0.7	-0.26	0.92	0.61	0.43	-0.27	-0.7
Cash	0.91	-0.2	0.6	0.92	0.79	0.91		0.49	0.74	0.26	0.32	0.58	0.69	0.85	0.62	0.44	0.92	0.33	0.97	0.45	-0.16	0.87	0.3	0.36	-0.06	-0.43
Other Assets	0.77	-0.02	0.84	0.71	0.44	0.75	0.49		0.87	0.7	-0.03	0.9	0.53	0.8	0.96	0.8	0.71	0.9	0.52	0.91	-0.08	0.77	0.8	0.5	-0.35	-0.89
Net Receivables	0.92	-0.09	0.75	0.89	0.57	0.89	0.74	0.87		0.69	0.16	0.82	0.64	0.94	0.9	0.79	0.92	0.79	0.8	0.9	-0.26	0.95	0.79	0.43	-0.4	-0.88
Inventory	0.57	0.12	0.41	0.56	0.39	0.46	0.26	0.7	0.69		0.04	0.5	0.41	0.54	0.64	0.57	0.5	0.63	0.36	0.73	-0.11	0.55	0.63	0.18	-0.51	-0.72
Other Current Assets	0.32	0.05	0.03	0.36	0.39	0.18	0.32	-0.03	0.16	0.04		0.0	0.49	0.23	0.09	-0.07	0.31	-0.27	0.37	0.04	0.03	0.29	-0.11	-0.11	0.13	0.02
Total Liab	0.75	-0.13	0.98	0.68	0.35	0.75	0.58	0.9	0.82	0.5	0.0		0.53	0.86	0.94	0.81	0.75	0.84	0.6	0.79	-0.21	0.8	0.72	0.74	-0.23	-0.81
Intangible Assets	0.81	-0.17	0.52	0.81	0.83	0.72	0.69	0.53	0.64	0.41	0.49	0.53		0.65	0.68	0.49	0.72	0.39	0.7	0.58	-0.17	0.66	0.39	0.29	-0.26	-0.53
Common Stock	0.93	-0.23	0.82	0.9	0.56	0.91	0.85	0.8	0.94	0.54	0.23	0.86	0.65		0.88	0.78	0.97	0.69	0.89	0.78	-0.31	0.99	0.69	0.6	-0.3	-0.79
Property Plant Equipment	0.85	-0.16	0.87	0.8	0.52	0.83	0.62	0.96	0.9	0.64	0.09	0.94	0.68	0.88		0.82	0.8	0.88	0.63	0.88	-0.24	0.86	0.82	0.55	-0.3	-0.87
Other Liab	0.66	-0.48	0.73	0.6	0.26	0.69	0.44	0.8	0.79	0.57	-0.07	0.81	0.49	0.78	0.82		0.7	0.82	0.54	0.83	-0.54	0.71	0.87	0.76	-0.71	-0.94
Net Tangible Assets	0.97	-0.19	0.73	0.96	0.7	0.94	0.92	0.71	0.92	0.5	0.31	0.75	0.72	0.97	0.8	0.7		0.57	0.97	0.73	-0.23	0.97	0.56	0.49	-0.3	-0.72
Deferred Long Term Liab	0.61	-0.15	0.74	0.54	0.24	0.62	0.33	0.9	0.79	0.63	-0.27	0.84	0.39	0.69	0.88	0.82	0.57		0.36	0.88	-0.28	0.65	0.88	0.52	-0.41	-0.89
Total Current Assets	0.92	-0.21	0.6	0.93	0.74	0.9	0.97	0.52	0.8	0.36	0.37	0.6	0.7	0.89	0.63	0.54	0.97	0.36		0.55	-0.2	0.9	0.37	0.42	-0.21	-0.54
Non Current Assets Total	0.75	-0.01	0.7	0.71	0.42	0.7	0.45	0.91	0.9	0.73	0.04	0.79	0.58	0.78	0.88	0.83	0.73	0.88	0.55		-0.14	0.76	0.82	0.42	-0.55	-0.97
Non Currrent Assets Other	-0.17	0.85	-0.09	-0.16	0.03	-0.26	-0.16	-0.08	-0.26	-0.11	0.03	-0.21	-0.17	-0.31	-0.24	-0.54	-0.23	-0.28	-0.2	-0.14		-0.26	-0.59	-0.42	0.47	0.33
Short Term Investments	0.95	-0.17	0.75	0.93	0.61	0.92	0.87	0.77	0.95	0.55	0.29	0.8	0.66	0.99	0.86	0.71	0.97	0.65	0.9	0.76	-0.26		0.66	0.46	-0.23	-0.75
Non Current Liabilities Total	0.58	-0.4	0.57	0.53	0.17	0.61	0.3	0.8	0.79	0.63	-0.11	0.72	0.39	0.69	0.82	0.87	0.56	0.88	0.37	0.82	-0.59	0.66		0.45	-0.56	-0.89
Common Stock Shares Outstanding	0.4	-0.48	0.77	0.32	0.04	0.43	0.36	0.5	0.43	0.18	-0.11	0.74	0.29	0.6	0.55	0.76	0.49	0.52	0.42	0.42	-0.42	0.46	0.45		-0.41	-0.58
Net Invested Capital	-0.26	0.41	-0.14	-0.25	-0.13	-0.27	-0.06	-0.35	-0.4	-0.51	0.13	-0.23	-0.26	-0.3	-0.3	-0.71	-0.3	-0.41	-0.21	-0.55	0.47	-0.23	-0.56	-0.41		0.67
Net Working Capital	-0.72	0.21	-0.72	-0.67	-0.34	-0.7	-0.43	-0.89	-0.88	-0.72	0.02	-0.81	-0.53	-0.79	-0.87	-0.94	-0.72	-0.89	-0.54	-0.97	0.33	-0.75	-0.89	-0.58	0.67

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Chahua Modern Account Relationship Matchups

Chahua Modern fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.5B	1.4B	1.4B	1.5B	1.3B
Other Current Liab	101.1M	112.0M	56.2M	1.2M	749.0K	711.5K
Total Current Liabilities	175.5M	170.2M	132.1M	122.5M	249.9M	136.2M
Total Stockholder Equity	1.4B	1.3B	1.2B	1.2B	1.2B	1.1B
Retained Earnings	457.6M	351.5M	295.7M	277.7M	194.6M	315.5M
Accounts Payable	30.1M	29.5M	25.5M	31.8M	31.6M	26.2M
Cash	650.9M	432.5M	284.6M	399.3M	574.2M	400.7M
Other Assets	38.6M	57.1M	49.6M	45.2M	51.9M	31.6M
Net Receivables	111.4M	113.7M	122.5M	116.5M	112.2M	101.5M
Inventory	144.5M	210.4M	239.1M	164.4M	157.6M	178.3M
Other Current Assets	9.8M	15.4M	13.3M	7.0M	10.2M	9.7M
Total Liab	182.8M	185.4M	170.7M	165.0M	279.4M	149.4M
Intangible Assets	46.9M	39.1M	40.8M	43.2M	41.1M	44.0M
Common Stock	244.7M	244.6M	243.1M	241.8M	278.1M	235.4M
Property Plant Equipment	444.7M	556.6M	589.8M	618.9M	711.7M	454.4M
Other Liab	7.3M	15.2M	19.7M	24.5M	28.2M	29.6M
Net Tangible Assets	1.3B	1.3B	1.2B	1.2B	1.4B	1.2B
Deferred Long Term Liab	5.5M	5.3M	8.6M	6.5M	7.5M	4.3M
Total Current Assets	916.6M	779.8M	667.9M	704.7M	872.0M	835.0M
Non Current Assets Total	643.6M	687.2M	724.8M	665.9M	595.5M	638.9M
Non Currrent Assets Other	19.5M	25.5M	5.4M	632.0K	3.5M	3.3M
Non Current Liabilities Total	7.3M	15.2M	38.6M	42.5M	29.6M	19.8M
Common Stock Shares Outstanding	244.7M	244.6M	243.1M	241.8M	278.1M	266.5M
Net Invested Capital	1.4B	1.3B	1.2B	1.2B	1.3B	1.0B
Net Working Capital	741.1M	609.5M	535.8M	582.2M	622.2M	556.5M
Capital Stock	244.7M	244.6M	243.1M	241.8M	217.6M	194.1M

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Other Information on Investing in Chahua Stock

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

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Chahua Total Current Assets vs Net Receivables Analysis

Total Current Assets vs Net Receivables

Total Current Assets vs Net Receivables Correlation Analysis

Correlation Coefficient

Total Current Assets

Net Receivables

Chahua Modern fundamental ratios Correlations

Chahua Modern Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Chahua Modern fundamental ratios Accounts

Currently Active Assets on Macroaxis

Other Information on Investing in Chahua Stock

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Total Stockholder Equity	+ 0.99	Total Assets
Short Term Investments	+ 0.99	Common Stock
Total Liab	+ 0.98	Total Current Liabilities
Net Tangible Assets	+ 0.97	Total Assets
Total Current Assets	+ 0.97	Cash
Net Tangible Assets	+ 0.97	Common Stock

Net Working Capital	- 0.97	Non Current Assets Total
Net Working Capital	- 0.94	Other Liab
Net Working Capital	- 0.89	Non Current Liabilities Total
Net Working Capital	- 0.89	Deferred Long Term Liab
Net Working Capital	- 0.89	Other Assets
Net Working Capital	- 0.88	Net Receivables