| AO Stock | | | 106.80 1.60 1.48% |
Ao World financial indicator trend analysis is way more than just evaluating Ao World prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ao World is a good investment. Please check the relationship between Ao World Accounts Payable and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ao World. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
Accounts Payable vs Cash
Accounts Payable vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ao World Accounts Payable account and
Cash. At this time, the significance of the direction appears to have very week relationship.
The correlation between Ao World's Accounts Payable and Cash is 0.28. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Ao World, assuming nothing else is changed. The correlation between historical values of Ao World's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Ao World are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Ao World's Accounts Payable and Cash go up and down completely randomly.
Correlation Coefficient | 0.28 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Accounts Payable
An accounting item on the balance sheet that represents Ao World 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 Ao World 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.
Cash
Cash refers to the most liquid asset of Ao World, which is listed under current asset account on Ao World balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Ao World customers. The amounts must be unrestricted with restricted cash listed in a different Ao World account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from Ao World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ao World 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 Ao World. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At present, Ao World's
Tax Provision is projected to increase significantly based on the last few years of reporting.
Ao World fundamental ratios Correlations
Click cells to compare fundamentals
Ao World Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ao World fundamental ratios Accounts
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Other Information on Investing in Ao World Stock
Balance Sheet is a snapshot of the
financial position of Ao World at a specified time, usually calculated after every quarter, six months, or one year. Ao World Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Ao World 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 Ao World currently owns. An asset can also be divided into two categories, current and non-current.