Global Net Receivables vs Accounts Payable Analysis

MEDANTA Stock   1,102  1.65  0.15%   
Global Health financial indicator trend analysis is much more than just examining Global Health Limited latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Global Health Limited is a good investment. Please check the relationship between Global Health Net Receivables and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Global Health Limited. 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.

Net Receivables vs Accounts Payable

Net Receivables vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Global Health Limited Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Global Health's Net Receivables and Accounts Payable is 0.5. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Global Health Limited, assuming nothing else is changed. The correlation between historical values of Global Health's Net Receivables and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Global Health Limited are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Receivables i.e., Global Health's Net Receivables and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Net Receivables

Accounts Payable

An accounting item on the balance sheet that represents Global Health 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 Global Health Limited 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.
Most indicators from Global Health's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Global Health Limited 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Global Health Limited. 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.
The current year's Selling General Administrative is expected to grow to about 5.3 B. The current year's Tax Provision is expected to grow to about 1.5 B
 2021 2022 2023 2024 (projected)
Gross Profit16.1B20.7B17.2B13.0B
Total Revenue21.6B26.9B32.8B21.8B

Global Health fundamental ratios Correlations

0.810.390.950.960.950.220.950.640.870.960.60.930.870.660.880.790.980.270.970.90.940.670.670.190.56
0.810.330.640.60.910.680.60.320.630.90.730.60.730.410.491.00.820.40.660.980.610.260.850.470.85
0.390.330.330.370.520.320.44-0.310.090.51-0.180.160.560.360.240.330.450.170.270.360.210.150.630.440.37
0.950.640.330.980.85-0.010.970.70.880.860.540.960.760.690.940.60.950.20.980.760.970.860.580.110.44
0.960.60.370.980.85-0.040.990.710.870.860.450.960.820.690.960.570.920.170.980.730.970.790.50.030.34
0.950.910.520.850.850.460.860.470.721.00.550.770.880.630.740.890.950.310.850.960.80.510.820.380.69
0.220.680.32-0.01-0.040.460.01-0.18-0.120.440.37-0.120.35-0.12-0.110.690.290.5-0.030.56-0.09-0.270.660.590.75
0.950.60.440.970.990.860.010.680.80.870.40.920.850.690.960.570.930.230.960.730.940.790.520.050.35
0.640.32-0.310.70.710.47-0.180.680.630.490.460.760.50.470.820.290.580.20.730.430.750.70.0-0.370.01
0.870.630.090.880.870.72-0.120.80.630.740.670.960.570.520.790.610.810.010.930.730.940.650.440.060.41
0.960.90.510.860.861.00.440.870.490.740.550.790.880.630.750.890.950.30.860.950.810.520.810.360.68
0.60.73-0.180.540.450.550.370.40.460.670.550.60.360.030.440.710.640.430.570.730.590.40.520.230.75
0.930.60.160.960.960.77-0.120.920.760.960.790.60.710.610.930.570.880.150.990.731.00.780.42-0.050.34
0.870.730.560.760.820.880.350.850.50.570.880.360.710.670.80.720.870.550.780.790.760.490.570.00.42
0.660.410.360.690.690.63-0.120.690.470.520.630.030.610.670.640.40.620.090.650.510.630.530.35-0.140.05
0.880.490.240.940.960.74-0.110.960.820.790.750.440.930.80.640.460.860.310.940.630.950.850.33-0.170.22
0.791.00.330.60.570.890.690.570.290.610.890.710.570.720.40.460.790.390.630.980.590.20.830.460.84
0.980.820.450.950.920.950.290.930.580.810.950.640.880.870.620.860.790.40.930.90.90.720.750.240.65
0.270.40.170.20.170.310.50.230.20.010.30.430.150.550.090.310.390.40.170.370.20.240.28-0.190.39
0.970.660.270.980.980.85-0.030.960.730.930.860.570.990.780.650.940.630.930.170.780.990.770.50.030.4
0.90.980.360.760.730.960.560.730.430.730.950.730.730.790.510.630.980.90.370.780.740.40.830.40.8
0.940.610.210.970.970.8-0.090.940.750.940.810.591.00.760.630.950.590.90.20.990.740.790.44-0.050.35
0.670.260.150.860.790.51-0.270.790.70.650.520.40.780.490.530.850.20.720.240.770.40.790.31-0.080.21
0.670.850.630.580.50.820.660.520.00.440.810.520.420.570.350.330.830.750.280.50.830.440.310.760.92
0.190.470.440.110.030.380.590.05-0.370.060.360.23-0.050.0-0.14-0.170.460.24-0.190.030.4-0.05-0.080.760.74
0.560.850.370.440.340.690.750.350.010.410.680.750.340.420.050.220.840.650.390.40.80.350.210.920.74
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Global Health Account Relationship Matchups

Global Health fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets26.7B26.9B31.5B41.2B43.0B33.6B
Short Long Term Debt Total9.3B9.3B11.1B11.2B8.0B9.6B
Other Current Liab2.8B1.4B1.8B983.5M2.6B1.9B
Total Current Liabilities3.6B4.0B4.2B5.7B6.2B4.7B
Total Stockholder Equity13.5B13.8B16.2B24.3B29.1B19.2B
Property Plant And Equipment Net20.8B20.7B22.1B23.7B26.2B23.0B
Net Debt7.8B8.6B9.9B3.5B3.8B5.1B
Retained Earnings7.4B7.7B9.5B12.8B17.6B10.7B
Accounts Payable40.0M1.3B1.3B1.9B1.9B1.4B
Cash1.5B694.7M1.2B7.7B4.2B2.6B
Non Current Assets Total21.9B21.9B23.3B25.4B28.0B24.4B
Non Currrent Assets Other1.4B2.9B4.7B6.3B944.9M897.7M
Cash And Short Term Investments2.5B2.9B5.1B13.1B11.6B6.4B
Net Receivables1.8B1.7B2.2B1.9B2.4B2.1B
Common Stock Shares Outstanding251.6M252.1M252.4M259.5M268.6M280.9M
Short Term Investments1.0B2.2B3.9B5.4B7.3B3.8B
Liabilities And Stockholders Equity26.7B26.9B31.5B41.2B43.0B33.6B
Non Current Liabilities Total9.6B9.1B11.1B11.2B7.8B9.7B
Inventory385.2M397.6M533.9M603.7M668.5M483.9M
Other Current Assets42.9M63.1M2.5B141.3M496.4M551.2M
Other Stockholder Equity4.7B4.9B6.1B10.7B10.7B7.2B
Total Liab13.2B13.1B15.3B16.9B14.0B14.4B
Total Current Assets4.8B5.0B8.1B15.8B15.1B9.2B
Accumulated Other Comprehensive Income603.6M442.5M274.5M237.3M196.5M374.2M
Short Term Debt531.0M1.0B1.1B1.4B1.7B1.1B
Intangible Assets84.8M72.5M62.7M51.7M55.4M56.0M
Common Stock818.5M820.9M506.5M536.4M537.0M479.5M
Current Deferred Revenue1.7B1.7B1.8B1.4B593.6M563.9M

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Other Information on Investing in Global Stock

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