JBCHEPHARM Accounts Payable vs Inventory Analysis

JBCHEPHARM   1,591  11.80  0.75%   
JB Chemicals financial indicator trend analysis is infinitely more than just investigating JB Chemicals Pharmac recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JB Chemicals Pharmac is a good investment. Please check the relationship between JB Chemicals Accounts Payable and its Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Chemicals Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JB Chemicals Pharmac Accounts Payable account and Inventory. At this time, the significance of the direction appears to have totally related.
The correlation between JB Chemicals' Accounts Payable and Inventory is 0.99. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of JB Chemicals Pharmaceuticals, assuming nothing else is changed. The correlation between historical values of JB Chemicals' Accounts Payable and 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 Accounts Payable of JB Chemicals Pharmaceuticals are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., JB Chemicals' Accounts Payable and Inventory go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Accounts Payable

An accounting item on the balance sheet that represents JB Chemicals 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 JB Chemicals Pharmac 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.

Inventory

Most indicators from JB Chemicals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JB Chemicals Pharmac 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JB Chemicals Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
The JB Chemicals' current Selling General Administrative is estimated to increase to about 600 M. The JB Chemicals' current Tax Provision is estimated to increase to about 2.4 B
 2022 2023 2024 2025 (projected)
Gross Profit27.7B13.3B15.2B9.7B
Total Revenue31.5B34.5B39.6B41.6B

JB Chemicals fundamental ratios Correlations

0.830.080.950.990.620.760.980.980.280.98-0.220.140.930.70.050.610.980.1-0.320.960.96-0.850.580.96-0.45
0.83-0.120.820.770.330.950.770.760.290.86-0.140.00.730.51-0.090.830.74-0.12-0.410.930.72-0.640.330.9-0.43
0.08-0.120.070.09-0.08-0.150.090.10.060.00.40.370.080.090.36-0.070.06-0.210.050.030.2-0.11-0.270.080.05
0.950.820.070.920.510.770.880.930.220.92-0.080.20.860.580.130.460.890.08-0.150.960.92-0.770.440.91-0.4
0.990.770.090.920.660.690.980.980.290.97-0.250.140.930.710.060.560.980.13-0.310.930.96-0.850.620.93-0.45
0.620.33-0.080.510.660.350.650.630.030.62-0.240.150.590.670.140.330.690.34-0.220.50.59-0.410.940.450.02
0.760.95-0.150.770.690.350.710.7-0.010.8-0.06-0.070.680.47-0.070.80.69-0.05-0.430.880.64-0.580.360.82-0.26
0.980.770.090.880.980.650.710.980.260.96-0.320.070.950.78-0.010.630.990.14-0.470.910.94-0.90.650.93-0.48
0.980.760.10.930.980.630.70.980.230.96-0.270.10.950.750.030.530.990.14-0.370.930.95-0.90.610.93-0.48
0.280.290.060.220.290.03-0.010.260.230.27-0.260.240.220.25-0.060.270.23-0.21-0.030.260.28-0.180.00.35-0.56
0.980.860.00.920.970.620.80.960.960.27-0.28-0.010.930.67-0.10.660.960.08-0.360.960.89-0.820.610.97-0.48
-0.22-0.140.4-0.08-0.25-0.24-0.06-0.32-0.27-0.26-0.280.36-0.38-0.340.45-0.21-0.290.00.4-0.14-0.120.35-0.43-0.230.51
0.140.00.370.20.140.15-0.070.070.10.24-0.010.36-0.10.130.95-0.070.08-0.150.260.120.370.0-0.07-0.020.12
0.930.730.080.860.930.590.680.950.950.220.93-0.38-0.10.73-0.170.570.950.15-0.460.880.85-0.890.630.91-0.47
0.70.510.090.580.710.670.470.780.750.250.67-0.340.130.730.060.590.780.38-0.650.630.7-0.670.670.65-0.28
0.05-0.090.360.130.060.14-0.07-0.010.03-0.06-0.10.450.95-0.170.06-0.160.01-0.090.280.040.290.06-0.07-0.120.29
0.610.83-0.070.460.560.330.80.630.530.270.66-0.21-0.070.570.59-0.160.57-0.14-0.690.690.49-0.470.380.71-0.28
0.980.740.060.890.980.690.690.990.990.230.96-0.290.080.950.780.010.570.23-0.420.910.94-0.890.680.91-0.42
0.1-0.12-0.210.080.130.34-0.050.140.14-0.210.080.0-0.150.150.38-0.09-0.140.23-0.040.010.11-0.080.36-0.010.34
-0.32-0.410.05-0.15-0.31-0.22-0.43-0.47-0.37-0.03-0.360.40.26-0.46-0.650.28-0.69-0.42-0.04-0.34-0.250.53-0.38-0.390.26
0.960.930.030.960.930.50.880.910.930.260.96-0.140.120.880.630.040.690.910.01-0.340.9-0.790.460.97-0.43
0.960.720.20.920.960.590.640.940.950.280.89-0.120.370.850.70.290.490.940.11-0.250.9-0.830.50.87-0.38
-0.85-0.64-0.11-0.77-0.85-0.41-0.58-0.9-0.9-0.18-0.820.350.0-0.89-0.670.06-0.47-0.89-0.080.53-0.79-0.83-0.47-0.820.54
0.580.33-0.270.440.620.940.360.650.610.00.61-0.43-0.070.630.67-0.070.380.680.36-0.380.460.5-0.470.44-0.1
0.960.90.080.910.930.450.820.930.930.350.97-0.23-0.020.910.65-0.120.710.91-0.01-0.390.970.87-0.820.44-0.55
-0.45-0.430.05-0.4-0.450.02-0.26-0.48-0.48-0.56-0.480.510.12-0.47-0.280.29-0.28-0.420.340.26-0.43-0.380.54-0.1-0.55
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JB Chemicals Account Relationship Matchups

JB Chemicals fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets22.4B26.1B35.5B39.9B45.9B48.2B
Short Long Term Debt Total449.9M545.6M5.7B3.8B4.3B4.6B
Other Current Liab1.1B1.1B236.5M1.4B1.6B1.0B
Total Current Liabilities3.5B3.8B5.5B8.7B10.0B10.5B
Total Stockholder Equity18.1B21.3B24.8B29.2B33.6B35.3B
Property Plant And Equipment Net5.7B5.7B5.8B6.3B7.3B4.5B
Net Debt163.0M(19.9M)5.0B2.9B3.3B3.5B
Retained Earnings15.8B18.4B22.8B25.1B28.9B30.3B
Accounts Payable1.9B2.2B2.4B3.6B4.1B4.3B
Cash286.9M565.4M769.3M882.2M1.0B531.0M
Non Current Assets Total6.9B13.3B20.3B21.4B24.6B25.8B
Non Currrent Assets Other64.4M177.2M493.9M362.8M417.2M396.3M
Cash And Short Term Investments6.9B566.5M2.9B4.6B5.3B3.3B
Net Receivables3.9B6.2B5.8B7.0B8.1B8.5B
Common Stock Shares Outstanding154.6M154.7M156.6M158.6M182.4M113.5M
Short Term Investments6.6B1.1M2.2B3.7B4.3B2.8B
Liabilities And Stockholders Equity22.4B26.1B35.5B39.9B45.9B48.2B
Non Current Liabilities Total794.1M850.7M5.2B2.0B2.3B1.3B
Inventory3.5B4.1B4.3B5.0B5.8B6.1B
Other Current Assets5.1B8.1B2.3B1.9B2.1B2.6B
Other Stockholder Equity2.1B2.8B(807.1M)2.7B3.1B3.4B
Total Liab4.2B4.7B10.7B10.7B12.3B12.9B
Total Current Assets15.5B12.7B15.3B18.5B21.3B22.4B
Accumulated Other Comprehensive Income1.6B2.2B2.7B1.3B1.5B1.5B
Intangible Assets321.1M6.7B13.2B13.9B16.0B16.8B
Current Deferred Revenue1.1B1.2B1.2B129.9M116.9M111.0M
Short Term Debt398.5M339.4M1.7B3.4B4.0B4.2B
Other Liab648.4M680.7M742.7M644.6M741.2M536.5M
Net Tangible Assets14.0B13.5B17.2B14.1B16.2B14.2B
Other Assets105.3M133.8M241.6M123.8M142.4M130.7M
Short Long Term Debt326.4M263.2M1.7B3.3B3.8B4.0B
Property Plant Equipment5.8B5.7B5.7B5.8B6.6B5.8B
Long Term Debt Total12.3M51.4M206.2M4.0B4.6B4.8B
Non Current Liabilities Other49.3M31.7M25M17M15.3M28.0M
Net Invested Capital18.4B21.6B30.3B32.8B37.7B23.2B
Cash And Equivalents290.1M33.9M18.2M269.1M309.5M325.0M

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Other Information on Investing in JBCHEPHARM Stock

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