FinVolution Payables Turnover vs Roic Analysis

FINV Stock

USD 6.24 0.06 0.97%

FinVolution financial indicator trend analysis is much more than just examining FinVolution Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether FinVolution Group is a good investment. Please check the relationship between FinVolution Payables Turnover and its Roic accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. 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.

Payables Turnover vs Roic

Payables Turnover vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of FinVolution Group Payables Turnover account and Roic. At this time, the significance of the direction appears to have very strong relationship.

The correlation between FinVolution's Payables Turnover and Roic is 0.82. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Roic in the same time period over historical financial statements of FinVolution Group, assuming nothing else is changed. The correlation between historical values of FinVolution's Payables Turnover and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of FinVolution Group are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Payables Turnover i.e., FinVolution's Payables Turnover and Roic go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from FinVolution's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into FinVolution Group 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FinVolution Group. 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.

At this time, FinVolution's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 0.74 in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.03 in 2024.

	2023	2024 (projected)
Interest Income	1.3B	1.3B
Tax Provision	468.5M	315.3M

Interest Income Tax Provision

FinVolution fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.54	0.25	0.64	0.98	0.97	0.94	0.94	0.77	-0.9	0.75	0.2	0.95	0.87	0.68	0.31	0.93	0.71	-0.24	0.8	0.73	0.86	0.88	0.97	0.84	1.0
Short Long Term Debt Total	0.54		0.62	0.74	0.44	0.61	0.37	0.68	0.12	-0.24	0.24	-0.3	0.33	0.35	0.89	0.23	0.26	0.94	0.1	0.13	0.08	0.8	0.44	0.65	0.37	0.55
Other Current Liab	0.25	0.62		0.77	0.09	0.45	0.07	0.26	-0.32	0.01	-0.17	0.16	0.03	-0.02	0.59	-0.43	-0.03	0.67	0.39	-0.12	-0.26	0.59	0.41	0.45	0.1	0.28
Total Current Liabilities	0.64	0.74	0.77		0.5	0.75	0.39	0.69	0.04	-0.31	0.05	0.27	0.42	0.24	0.7	0.0	0.39	0.83	0.41	0.3	-0.03	0.75	0.77	0.79	0.26	0.67
Total Stockholder Equity	0.98	0.44	0.09	0.5		0.92	0.95	0.9	0.84	-0.93	0.82	0.15	0.98	0.9	0.6	0.37	0.96	0.61	-0.32	0.84	0.8	0.79	0.8	0.91	0.85	0.97
Other Liab	0.97	0.61	0.45	0.75	0.92		0.88	0.91	0.64	-0.83	0.65	0.24	0.88	0.8	0.75	0.15	0.86	0.79	-0.14	0.72	0.62	0.92	0.9	0.99	0.8	0.98
Net Tangible Assets	0.94	0.37	0.07	0.39	0.95	0.88		0.86	0.91	-0.97	0.91	0.15	0.93	0.98	0.56	0.34	0.92	0.58	-0.56	0.8	0.91	0.76	0.78	0.87	0.95	0.93
Property Plant And Equipment Net	0.94	0.68	0.26	0.69	0.9	0.91	0.86		0.71	-0.78	0.68	0.17	0.83	0.8	0.67	0.49	0.85	0.82	-0.2	0.78	0.62	0.81	0.83	0.94	0.78	0.94
Current Deferred Revenue	0.77	0.12	-0.32	0.04	0.84	0.64	0.91	0.71		-0.9	0.93	0.1	0.83	0.94	0.29	0.44	0.87	0.29	-0.71	0.82	0.97	0.48	0.55	0.63	0.88	0.75
Net Debt	-0.9	-0.24	0.01	-0.31	-0.93	-0.83	-0.97	-0.78	-0.9		-0.89	-0.22	-0.96	-0.95	-0.48	-0.29	-0.93	-0.46	0.55	-0.79	-0.92	-0.7	-0.76	-0.82	-0.91	-0.89
Retained Earnings	0.75	0.24	-0.17	0.05	0.82	0.65	0.91	0.68	0.93	-0.89		-0.13	0.8	0.97	0.44	0.4	0.78	0.39	-0.78	0.66	0.96	0.59	0.46	0.63	0.93	0.73
Accounts Payable	0.2	-0.3	0.16	0.27	0.15	0.24	0.15	0.17	0.1	-0.22	-0.13		0.21	0.03	-0.31	-0.18	0.34	-0.04	0.2	0.49	0.06	-0.05	0.52	0.25	0.11	0.22
Cash	0.95	0.33	0.03	0.42	0.98	0.88	0.93	0.83	0.83	-0.96	0.8	0.21		0.88	0.53	0.31	0.97	0.51	-0.33	0.81	0.82	0.75	0.79	0.86	0.82	0.94
Non Current Assets Total	0.87	0.35	-0.02	0.24	0.9	0.8	0.98	0.8	0.94	-0.95	0.97	0.03	0.88		0.54	0.35	0.87	0.53	-0.69	0.75	0.95	0.71	0.64	0.78	0.98	0.85
Non Currrent Assets Other	0.68	0.89	0.59	0.7	0.6	0.75	0.56	0.67	0.29	-0.48	0.44	-0.31	0.53	0.54		0.0	0.41	0.86	-0.09	0.18	0.3	0.94	0.55	0.75	0.53	0.68
Other Assets	0.31	0.23	-0.43	0.0	0.37	0.15	0.34	0.49	0.44	-0.29	0.4	-0.18	0.31	0.35	0.0		0.37	0.25	-0.24	0.41	0.33	0.05	0.12	0.22	0.27	0.3
Cash And Short Term Investments	0.93	0.26	-0.03	0.39	0.96	0.86	0.92	0.85	0.87	-0.93	0.78	0.34	0.97	0.87	0.41	0.37		0.47	-0.32	0.93	0.82	0.65	0.8	0.83	0.83	0.92
Net Receivables	0.71	0.94	0.67	0.83	0.61	0.79	0.58	0.82	0.29	-0.46	0.39	-0.04	0.51	0.53	0.86	0.25	0.47		-0.01	0.35	0.26	0.88	0.66	0.82	0.57	0.73
Common Stock Shares Outstanding	-0.24	0.1	0.39	0.41	-0.32	-0.14	-0.56	-0.2	-0.71	0.55	-0.78	0.2	-0.33	-0.69	-0.09	-0.24	-0.32	-0.01		-0.28	-0.8	-0.13	-0.04	-0.13	-0.67	-0.22
Short Term Investments	0.8	0.13	-0.12	0.3	0.84	0.72	0.8	0.78	0.82	-0.79	0.66	0.49	0.81	0.75	0.18	0.41	0.93	0.35	-0.28		0.73	0.45	0.73	0.71	0.75	0.79
Non Current Liabilities Total	0.73	0.08	-0.26	-0.03	0.8	0.62	0.91	0.62	0.97	-0.92	0.96	0.06	0.82	0.95	0.3	0.33	0.82	0.26	-0.8	0.73		0.49	0.5	0.59	0.92	0.7
Other Current Assets	0.86	0.8	0.59	0.75	0.79	0.92	0.76	0.81	0.48	-0.7	0.59	-0.05	0.75	0.71	0.94	0.05	0.65	0.88	-0.13	0.45	0.49		0.75	0.91	0.71	0.87
Other Stockholder Equity	0.88	0.44	0.41	0.77	0.8	0.9	0.78	0.83	0.55	-0.76	0.46	0.52	0.79	0.64	0.55	0.12	0.8	0.66	-0.04	0.73	0.5	0.75		0.93	0.64	0.9
Total Liab	0.97	0.65	0.45	0.79	0.91	0.99	0.87	0.94	0.63	-0.82	0.63	0.25	0.86	0.78	0.75	0.22	0.83	0.82	-0.13	0.71	0.59	0.91	0.93		0.77	0.98
Property Plant And Equipment Gross	0.84	0.37	0.1	0.26	0.85	0.8	0.95	0.78	0.88	-0.91	0.93	0.11	0.82	0.98	0.53	0.27	0.83	0.57	-0.67	0.75	0.92	0.71	0.64	0.77		0.82
Total Current Assets	1.0	0.55	0.28	0.67	0.97	0.98	0.93	0.94	0.75	-0.89	0.73	0.22	0.94	0.85	0.68	0.3	0.92	0.73	-0.22	0.79	0.7	0.87	0.9	0.98	0.82

Click cells to compare fundamentals

FinVolution Account Relationship Matchups

FinVolution fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	18.3B	14.9B	18.1B	21.4B	21.3B	14.5B
Short Long Term Debt Total	320.1M	43.3M	33.4M	177.0M	41.6M	39.6M
Other Current Liab	9.7B	(812.5M)	(514.4M)	(1.0B)	729.6M	693.1M
Total Current Liabilities	10.0B	3.9B	4.1B	5.0B	942.9M	895.7M
Total Stockholder Equity	7.9B	8.4B	10.7B	12.4B	13.7B	7.8B
Other Liab	9.4B	5.5B	6.3B	7.4B	8.6B	5.6B
Net Tangible Assets	7.8B	8.2B	10.5B	12.2B	14.1B	14.8B
Property Plant And Equipment Net	230.1M	148.8M	161.5M	333.8M	179.0M	166.6M
Current Deferred Revenue	55.7M	1.3B	1.1B	1.8B	1.9B	2.0B
Net Debt	(2.0B)	(2.6B)	(4.4B)	(3.5B)	(4.9B)	(4.7B)
Retained Earnings	2.0B	2.7B	4.7B	6.5B	9.1B	9.6B
Accounts Payable	1.1B	905.0M	0.0	357.3M	321.6M	396.6M
Cash	2.3B	2.6B	4.4B	3.6B	5.0B	2.7B
Non Current Assets Total	1.4B	1.4B	1.7B	2.5B	3.1B	3.2B
Non Currrent Assets Other	7.6M	56.3M	1.4B	411.1M	472.8M	383.2M
Other Assets	129.7M	155.8M	455.7M	919.4M	205.5M	301.9M
Cash And Short Term Investments	2.4B	4.6B	5.6B	7.1B	7.9B	4.4B
Net Receivables	9.4B	863.9M	1.9B	6.1B	2.2B	3.2B
Common Stock Shares Outstanding	310.5M	298.3M	296.5M	290.9M	280.6M	240.7M
Short Term Investments	114.6M	2.0B	1.2B	3.4B	3.0B	1.7B
Liabilities And Stockholders Equity	18.3B	14.9B	18.1B	21.4B	21.3B	14.5B
Non Current Liabilities Total	284.1M	2.5B	3.4B	4.0B	6.5B	6.8B
Capital Lease Obligations	85.1M	43.3M	33.4M	177.0M	35.9M	45.8M
Inventory	(8.3B)	(3.4B)	(2.7B)	(3.6B)	(2.9B)	(3.1B)
Other Current Assets	13.4B	4.5B	5.9B	5.8B	7.9B	5.5B
Other Stockholder Equity	5.6B	5.3B	5.4B	5.1B	3.8B	4.5B
Total Liab	10.3B	6.5B	7.4B	8.9B	7.4B	6.7B
Long Term Investments	952.8M	950.5M	971.1M	1.1B	1.1B	644.4M
Property Plant And Equipment Gross	230.1M	148.8M	161.5M	333.8M	452.5M	475.1M
Total Current Assets	16.9B	13.5B	16.4B	18.9B	18.0B	13.1B
Accumulated Other Comprehensive Income	387.5M	452.9M	593.6M	750.6M	842.5M	884.6M
Non Current Liabilities Other	55.2M	2.4B	64.7M	3.6B	3.4B	3.6B
Short Term Debt	17.3M	25M	235M	5.8M	6.6M	6.3M
Intangible Assets	68.9M	64.3M	98.9M	98.7M	113.5M	72.4M
Property Plant Equipment	230.1M	148.8M	161.5M	333.8M	383.8M	403.0M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for FinVolution Stock Analysis

When running FinVolution's price analysis, check to measure FinVolution's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FinVolution is operating at the current time. Most of FinVolution's value examination focuses on studying past and present price action to predict the probability of FinVolution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FinVolution's price. Additionally, you may evaluate how the addition of FinVolution to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC