603697 Stock | | | 11.42 0.48 4.39% |
Youyou Foods Co financial indicator trend analysis is more than just analyzing Youyou Foods Co current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Youyou Foods Co is a good investment. Please check the relationship between Youyou Foods Co Change To Inventory and its Change To Netincome accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Youyou Foods 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.
Change To Inventory vs Change To Netincome
Change To Inventory vs Change To Netincome Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Youyou Foods Co Change To Inventory account and
Change To Netincome. At this time, the significance of the direction appears to have weak relationship.
The correlation between Youyou Foods Co's Change To Inventory and Change To Netincome is 0.35. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change To Netincome in the same time period over historical financial statements of Youyou Foods Co, assuming nothing else is changed. The correlation between historical values of Youyou Foods Co's Change To Inventory and Change To Netincome is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of Youyou Foods Co are associated (or correlated) with its Change To Netincome. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Netincome has no effect on the direction of Change To Inventory i.e., Youyou Foods Co's Change To Inventory and Change To Netincome go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.
Change To Netincome
Most indicators from Youyou Foods Co's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Youyou Foods Co 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 Youyou Foods 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.
The current year's
Tax Provision is expected to grow to about 35.2
M, whereas
Selling General Administrative is forecasted to decline to about 119.5
M.
Youyou Foods Co fundamental ratios Correlations
Click cells to compare fundamentals
Youyou Foods Co Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Youyou Foods Co fundamental ratios Accounts
Currently Active Assets on Macroaxis
Other Information on Investing in Youyou Stock
Balance Sheet is a snapshot of the
financial position of Youyou Foods Co at a specified time, usually calculated after every quarter, six months, or one year. Youyou Foods Co Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Youyou Foods Co 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 Youyou currently owns. An asset can also be divided into two categories, current and non-current.