CBAK Inventory Turnover vs Average Inventory Analysis

CBAT Stock

USD 0.95 0.03 3.26%

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

Inventory Turnover vs Average Inventory

Inventory Turnover vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CBAK Energy Technology Inventory Turnover account and Average Inventory. At this time, the significance of the direction appears to have no relationship.

The correlation between CBAK Energy's Inventory Turnover and Average Inventory is 0.02. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Average Inventory in the same time period over historical financial statements of CBAK Energy Technology, assuming nothing else is changed. The correlation between historical values of CBAK Energy's Inventory Turnover and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of CBAK Energy Technology are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Inventory Turnover i.e., CBAK Energy's Inventory Turnover and Average Inventory go up and down completely randomly.

Correlation Coefficient

0.02

Relationship Direction	Positive
Relationship Strength	Insignificant

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Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

Most indicators from CBAK Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CBAK Energy Technology 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 CBAK Energy Technology. 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.

At this time, CBAK Energy's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 11.62 in 2025, despite the fact that Tax Provision is likely to grow to (2 M).

	2024	2025 (projected)
Interest Income	564.7K	687.4K
Extraordinary Items	1.6M	1.5M

Interest Income Extraordinary Items

CBAK Energy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Intangible Assets	Short Long Term Debt Total	Non Currrent Assets Other	Short Term Debt	Common Stock Total Equity	Common Stock
Total Assets		-0.45	0.92	0.56	0.98	0.79	0.06	0.94	0.73	0.99	0.73	0.86	0.22	0.32	0.94	0.43	0.29	0.91	0.98	0.98	0.11	0.77	-0.26	0.8	0.35	0.52
Other Current Liab	-0.45		-0.47	-0.07	-0.59	-0.55	-0.11	-0.52	-0.12	-0.51	-0.11	-0.45	0.22	-0.51	-0.46	0.01	0.18	-0.5	-0.45	-0.34	0.17	-0.52	0.09	-0.46	0.26	-0.08
Total Current Liabilities	0.92	-0.47		0.22	0.92	0.93	-0.11	0.95	0.7	0.93	0.69	0.83	-0.04	0.49	0.9	0.3	0.07	0.99	0.89	0.88	0.23	0.92	-0.27	0.94	0.07	0.23
Total Stockholder Equity	0.56	-0.07	0.22		0.5	0.04	0.39	0.34	0.38	0.53	0.39	0.36	0.75	-0.36	0.45	0.65	0.69	0.19	0.58	0.61	-0.18	-0.02	-0.1	0.07	0.85	0.9
Property Plant And Equipment Net	0.98	-0.59	0.92	0.5		0.85	0.07	0.94	0.72	0.99	0.72	0.84	0.12	0.41	0.92	0.38	0.21	0.92	0.97	0.93	0.03	0.83	-0.22	0.85	0.26	0.47
Net Debt	0.79	-0.55	0.93	0.04	0.85		-0.03	0.85	0.67	0.83	0.66	0.74	-0.3	0.64	0.81	0.12	-0.17	0.95	0.76	0.7	0.12	0.98	-0.29	0.98	-0.18	0.01
Retained Earnings	0.06	-0.11	-0.11	0.39	0.07	-0.03		-0.03	0.12	0.08	0.11	-0.02	-0.1	-0.26	0.08	0.06	-0.33	-0.13	0.06	0.03	-0.4	-0.06	-0.21	-0.03	-0.01	0.03
Accounts Payable	0.94	-0.52	0.95	0.34	0.94	0.85	-0.03		0.61	0.94	0.61	0.79	0.07	0.44	0.87	0.42	0.15	0.95	0.94	0.89	0.15	0.84	-0.31	0.85	0.14	0.33
Cash	0.73	-0.12	0.7	0.38	0.72	0.67	0.12	0.61		0.74	1.0	0.7	-0.03	0.22	0.71	0.1	0.07	0.69	0.67	0.69	0.14	0.72	0.19	0.76	0.22	0.27
Non Current Assets Total	0.99	-0.51	0.93	0.53	0.99	0.83	0.08	0.94	0.74		0.74	0.84	0.16	0.37	0.93	0.42	0.25	0.92	0.98	0.95	0.06	0.81	-0.25	0.84	0.3	0.49
Cash And Short Term Investments	0.73	-0.11	0.69	0.39	0.72	0.66	0.11	0.61	1.0	0.74		0.7	-0.02	0.21	0.7	0.1	0.08	0.68	0.67	0.7	0.15	0.71	0.19	0.75	0.24	0.28
Net Receivables	0.86	-0.45	0.83	0.36	0.84	0.74	-0.02	0.79	0.7	0.84	0.7		0.02	0.49	0.78	0.14	0.13	0.84	0.77	0.86	0.14	0.75	-0.17	0.74	0.17	0.33
Common Stock Shares Outstanding	0.22	0.22	-0.04	0.75	0.12	-0.3	-0.1	0.07	-0.03	0.16	-0.02	0.02		-0.59	0.1	0.74	0.93	-0.08	0.26	0.32	0.0	-0.37	-0.02	-0.26	0.94	0.89
Non Current Liabilities Total	0.32	-0.51	0.49	-0.36	0.41	0.64	-0.26	0.44	0.22	0.37	0.21	0.49	-0.59		0.33	-0.33	-0.35	0.55	0.27	0.23	-0.04	0.66	-0.22	0.54	-0.5	-0.34
Inventory	0.94	-0.46	0.9	0.45	0.92	0.81	0.08	0.87	0.71	0.93	0.7	0.78	0.1	0.33		0.26	0.15	0.89	0.88	0.92	0.26	0.81	-0.36	0.83	0.22	0.38
Other Current Assets	0.43	0.01	0.3	0.65	0.38	0.12	0.06	0.42	0.1	0.42	0.1	0.14	0.74	-0.33	0.26		0.7	0.26	0.54	0.46	-0.19	0.01	-0.22	0.12	0.71	0.74
Other Stockholder Equity	0.29	0.18	0.07	0.69	0.21	-0.17	-0.33	0.15	0.07	0.25	0.08	0.13	0.93	-0.35	0.15	0.7		0.05	0.33	0.37	0.01	-0.24	0.06	-0.15	0.9	0.87
Total Liab	0.91	-0.5	0.99	0.19	0.92	0.95	-0.13	0.95	0.69	0.92	0.68	0.84	-0.08	0.55	0.89	0.26	0.05		0.87	0.87	0.19	0.94	-0.27	0.94	0.03	0.2
Property Plant And Equipment Gross	0.98	-0.45	0.89	0.58	0.97	0.76	0.06	0.94	0.67	0.98	0.67	0.77	0.26	0.27	0.88	0.54	0.33	0.87		0.95	-0.01	0.73	-0.24	0.77	0.39	0.56
Total Current Assets	0.98	-0.34	0.88	0.61	0.93	0.7	0.03	0.89	0.69	0.95	0.7	0.86	0.32	0.23	0.92	0.46	0.37	0.87	0.95		0.15	0.69	-0.27	0.73	0.44	0.57
Intangible Assets	0.11	0.17	0.23	-0.18	0.03	0.12	-0.4	0.15	0.14	0.06	0.15	0.14	0.0	-0.04	0.26	-0.19	0.01	0.19	-0.01	0.15		0.17	-0.08	0.21	-0.1	-0.16
Short Long Term Debt Total	0.77	-0.52	0.92	-0.02	0.83	0.98	-0.06	0.84	0.72	0.81	0.71	0.75	-0.37	0.66	0.81	0.01	-0.24	0.94	0.73	0.69	0.17		-0.2	0.98	-0.23	-0.05
Non Currrent Assets Other	-0.26	0.09	-0.27	-0.1	-0.22	-0.29	-0.21	-0.31	0.19	-0.25	0.19	-0.17	-0.02	-0.22	-0.36	-0.22	0.06	-0.27	-0.24	-0.27	-0.08	-0.2		-0.21	0.02	-0.01
Short Term Debt	0.8	-0.46	0.94	0.07	0.85	0.98	-0.03	0.85	0.76	0.84	0.75	0.74	-0.26	0.54	0.83	0.12	-0.15	0.94	0.77	0.73	0.21	0.98	-0.21		-0.12	0.04
Common Stock Total Equity	0.35	0.26	0.07	0.85	0.26	-0.18	-0.01	0.14	0.22	0.3	0.24	0.17	0.94	-0.5	0.22	0.71	0.9	0.03	0.39	0.44	-0.1	-0.23	0.02	-0.12		0.94
Common Stock	0.52	-0.08	0.23	0.9	0.47	0.01	0.03	0.33	0.27	0.49	0.28	0.33	0.89	-0.34	0.38	0.74	0.87	0.2	0.56	0.57	-0.16	-0.05	-0.01	0.04	0.94

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CBAK Energy Account Relationship Matchups

CBAK Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	142.8M	262.6M	244.0M	281.2M	323.3M	206.4M
Other Current Liab	30.2M	29.3M	3.7M	38.4M	34.5M	36.2M
Total Current Liabilities	73.7M	112.8M	111.9M	160.5M	184.6M	125.2M
Total Stockholder Equity	52.4M	133.3M	117.5M	112.8M	129.7M	136.2M
Property Plant And Equipment Net	78.7M	119.4M	101.2M	130.5M	150.1M	113.9M
Net Debt	3.3M	7.8M	11.1M	31.1M	35.8M	56.4M
Retained Earnings	(184.0M)	(122.5M)	(131.9M)	(134.4M)	(121.0M)	(114.9M)
Accounts Payable	28.4M	65.4M	32.5M	82.8M	95.3M	48.4M
Cash	11.7M	7.4M	6.5M	4.6M	4.2M	7.7M
Non Current Assets Total	79.6M	139.8M	118.3M	152.7M	175.6M	127.5M
Cash And Short Term Investments	11.9M	8.1M	6.5M	4.8M	4.3M	7.7M
Net Receivables	37.0M	65.6M	32.9M	34.0M	30.6M	34.9M
Common Stock Shares Outstanding	62.0M	87.9M	88.9M	89.3M	102.6M	107.8M
Liabilities And Stockholders Equity	142.8M	262.6M	244.0M	281.2M	323.3M	206.4M
Non Current Liabilities Total	16.7M	9.0M	7.7M	7.2M	8.3M	7.9M
Inventory	5.3M	30.1M	49.4M	33.4M	30.1M	24.9M
Other Current Assets	9.0M	19.0M	6.0M	54.8M	63.0M	66.2M
Other Stockholder Equity	235.3M	252.0M	256.3M	257.5M	296.1M	310.9M
Total Liab	90.4M	121.7M	119.7M	167.7M	192.9M	145.2M
Property Plant And Equipment Gross	78.7M	119.4M	101.2M	178.3M	205.0M	112.4M
Total Current Assets	63.2M	122.8M	125.7M	128.4M	147.7M	93.6M
Intangible Assets	11.8K	15.8M	13.7M	841.4K	967.6K	919.2K
Short Long Term Debt Total	22.3M	15.2M	17.6M	35.7M	32.2M	30.6M
Non Currrent Assets Other	(67.1M)	31.0B	62.9K	18.8M	21.6M	20.6M
Accumulated Other Comprehensive Income	990.9K	3.7M	(6.9M)	(10.4M)	(9.3M)	(8.9M)
Short Term Debt	15.0M	14.3M	17.0M	35.3M	31.7M	49.9M
Common Stock Total Equity	53.2K	79.3K	88.8K	89.1K	102.5K	107.6K
Common Stock	79.3K	88.8K	89.1K	90.1K	103.6K	108.8K
Other Liab	13.4M	16.7M	8.1M	7.1M	8.2M	13.8M
Net Tangible Assets	13.6M	52.4M	129.7M	116.2M	133.6M	140.3M
Noncontrolling Interest In Consolidated Entity	52.8K	7.7K	7.6M	6.9M	7.9M	8.3M
Retained Earnings Total Equity	(176.2M)	(184.0M)	(122.5M)	(131.9M)	(118.8M)	(124.7M)
Short Term Investments	235.2K	790.5K	43.9K	108.5K	97.6K	92.8K
Short Long Term Debt	15.0M	13.5M	15.6M	32.9M	37.9M	39.8M
Property Plant Equipment	59.9M	41.0M	90.0M	90.0M	81.0M	89.8M

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