Pintec Inventory Turnover vs Average Inventory Analysis

PT Stock

USD 1.00 0.04 4.17%

Pintec Technology financial indicator trend analysis is much more than just breaking down Pintec Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pintec Technology is a good investment. Please check the relationship between Pintec Technology Inventory Turnover and its Average Inventory accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pintec Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

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 Pintec Technology Inventory Turnover account and Average Inventory. At this time, the significance of the direction appears to have very week relationship.

The correlation between Pintec Technology's Inventory Turnover and Average Inventory is 0.28. 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 Pintec Technology Holdings, assuming nothing else is changed. The correlation between historical values of Pintec Technology'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 Pintec Technology Holdings 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., Pintec Technology's Inventory Turnover and Average Inventory go up and down completely randomly.

Correlation Coefficient

0.28

Relationship Direction	Positive
Relationship Strength	Very Weak

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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 Pintec Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pintec 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pintec Technology Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Sales General And Administrative To Revenue is likely to gain to 0.64 in 2024, despite the fact that Tax Provision is likely to grow to (13.2 M).

	2021	2022	2023	2024 (projected)
Total Operating Expenses	151.8M	93.4M	42.4M	40.3M
Cost Of Revenue	89.7M	62.7M	38.2M	36.3M

Total Operating Expenses Cost Of Revenue

Pintec Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	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	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.87	0.36	0.88	0.77	0.64	-0.05	-0.28	0.7	0.19	0.83	0.86	0.63	0.47	0.84	0.89	-0.37	-0.09	0.15	0.83	0.07	0.83	1.0	0.78	-0.53	-0.42
Short Long Term Debt Total	0.87		0.45	0.97	0.41	0.32	-0.12	-0.34	0.9	0.21	0.97	0.68	0.57	0.8	0.66	0.88	-0.28	-0.14	-0.04	0.97	-0.01	0.92	0.86	0.89	-0.41	-0.78
Other Current Liab	0.36	0.45		0.42	-0.05	-0.13	0.39	-0.98	0.08	-0.77	0.49	0.64	0.57	0.03	0.64	0.08	0.69	0.49	0.79	0.58	0.55	0.12	0.32	0.3	0.17	-0.08
Total Current Liabilities	0.88	0.97	0.42		0.51	0.42	-0.28	-0.31	0.84	0.23	0.93	0.65	0.42	0.72	0.63	0.92	-0.26	-0.27	-0.02	0.95	-0.15	0.94	0.89	0.96	-0.55	-0.7
Total Stockholder Equity	0.77	0.41	-0.05	0.51		0.84	-0.27	0.11	0.27	0.33	0.32	0.59	0.21	0.01	0.57	0.68	-0.47	-0.24	0.11	0.33	-0.21	0.54	0.8	0.51	-0.63	0.09
Net Tangible Assets	0.64	0.32	-0.13	0.42	0.84		-0.27	0.19	0.27	0.38	0.25	0.44	0.15	0.06	0.43	0.6	-0.49	-0.23	-0.02	0.26	-0.24	0.53	0.67	0.43	-0.54	0.03
Property Plant And Equipment Net	-0.05	-0.12	0.39	-0.28	-0.27	-0.27		-0.52	-0.26	-0.61	-0.03	0.4	0.71	-0.31	0.43	-0.42	0.35	0.77	0.56	0.0	0.98	-0.42	-0.13	-0.53	0.6	0.27
Current Deferred Revenue	-0.28	-0.34	-0.98	-0.31	0.11	0.19	-0.52		0.02	0.84	-0.4	-0.62	-0.6	0.07	-0.63	0.04	-0.75	-0.59	-0.83	-0.51	-0.65	0.01	-0.23	-0.16	-0.26	-0.01
Net Debt	0.7	0.9	0.08	0.84	0.27	0.27	-0.26	0.02		0.55	0.89	0.37	0.38	0.95	0.36	0.87	-0.57	-0.36	-0.44	0.82	-0.2	0.93	0.7	0.81	-0.45	-0.93
Retained Earnings	0.19	0.21	-0.77	0.23	0.33	0.38	-0.61	0.84	0.55		0.15	-0.28	-0.31	0.55	-0.29	0.55	-0.93	-0.69	-0.9	0.03	-0.69	0.53	0.24	0.35	-0.51	-0.47
Accounts Payable	0.83	0.97	0.49	0.93	0.32	0.25	-0.03	-0.4	0.89	0.15		0.66	0.6	0.79	0.66	0.83	-0.25	-0.16	0.0	0.97	0.1	0.87	0.81	0.83	-0.44	-0.78
Cash	0.86	0.68	0.64	0.65	0.59	0.44	0.4	-0.62	0.37	-0.28	0.66		0.84	0.14	1.0	0.53	0.02	0.32	0.58	0.73	0.51	0.49	0.82	0.46	-0.15	-0.12
Non Current Assets Total	0.63	0.57	0.57	0.42	0.21	0.15	0.71	-0.6	0.38	-0.31	0.6	0.84		0.21	0.85	0.3	0.03	0.59	0.46	0.64	0.76	0.29	0.55	0.17	0.17	-0.22
Non Currrent Assets Other	0.47	0.8	0.03	0.72	0.01	0.06	-0.31	0.07	0.95	0.55	0.79	0.14	0.21		0.13	0.72	-0.48	-0.38	-0.57	0.72	-0.28	0.82	0.48	0.73	-0.31	-0.99
Cash And Short Term Investments	0.84	0.66	0.64	0.63	0.57	0.43	0.43	-0.63	0.36	-0.29	0.66	1.0	0.85	0.13		0.51	0.03	0.34	0.58	0.72	0.53	0.47	0.8	0.44	-0.12	-0.11
Net Receivables	0.89	0.88	0.08	0.92	0.68	0.6	-0.42	0.04	0.87	0.55	0.83	0.53	0.3	0.72	0.51		-0.6	-0.46	-0.27	0.78	-0.33	0.98	0.91	0.92	-0.7	-0.66
Common Stock Shares Outstanding	-0.37	-0.28	0.69	-0.26	-0.47	-0.49	0.35	-0.75	-0.57	-0.93	-0.25	0.02	0.03	-0.48	0.03	-0.6		0.58	0.74	-0.11	0.42	-0.55	-0.4	-0.3	0.51	0.4
Other Current Assets	-0.09	-0.14	0.49	-0.27	-0.24	-0.23	0.77	-0.59	-0.36	-0.69	-0.16	0.32	0.59	-0.38	0.34	-0.46	0.58		0.64	-0.01	0.73	-0.46	-0.17	-0.43	0.74	0.34
Other Stockholder Equity	0.15	-0.04	0.79	-0.02	0.11	-0.02	0.56	-0.83	-0.44	-0.9	0.0	0.58	0.46	-0.57	0.58	-0.27	0.74	0.64		0.11	0.67	-0.31	0.11	-0.16	0.26	0.53
Total Liab	0.83	0.97	0.58	0.95	0.33	0.26	0.0	-0.51	0.82	0.03	0.97	0.73	0.64	0.72	0.72	0.78	-0.11	-0.01	0.11		0.13	0.83	0.82	0.83	-0.33	-0.72
Property Plant And Equipment Gross	0.07	-0.01	0.55	-0.15	-0.21	-0.24	0.98	-0.65	-0.2	-0.69	0.1	0.51	0.76	-0.28	0.53	-0.33	0.42	0.73	0.67	0.13		-0.33	-0.02	-0.4	0.48	0.23
Short Long Term Debt	0.83	0.92	0.12	0.94	0.54	0.53	-0.42	0.01	0.93	0.53	0.87	0.49	0.29	0.82	0.47	0.98	-0.55	-0.46	-0.31	0.83	-0.33		0.86	0.94	-0.62	-0.77
Total Current Assets	1.0	0.86	0.32	0.89	0.8	0.67	-0.13	-0.23	0.7	0.24	0.81	0.82	0.55	0.48	0.8	0.91	-0.4	-0.17	0.11	0.82	-0.02	0.86		0.82	-0.58	-0.42
Short Term Debt	0.78	0.89	0.3	0.96	0.51	0.43	-0.53	-0.16	0.81	0.35	0.83	0.46	0.17	0.73	0.44	0.92	-0.3	-0.43	-0.16	0.83	-0.4	0.94	0.82		-0.6	-0.7
Intangible Assets	-0.53	-0.41	0.17	-0.55	-0.63	-0.54	0.6	-0.26	-0.45	-0.51	-0.44	-0.15	0.17	-0.31	-0.12	-0.7	0.51	0.74	0.26	-0.33	0.48	-0.62	-0.58	-0.6		0.26
Common Stock	-0.42	-0.78	-0.08	-0.7	0.09	0.03	0.27	-0.01	-0.93	-0.47	-0.78	-0.12	-0.22	-0.99	-0.11	-0.66	0.4	0.34	0.53	-0.72	0.23	-0.77	-0.42	-0.7	0.26

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Pintec Technology Account Relationship Matchups

Pintec Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Short Long Term Debt Total	1.0B	532.8M	400.0M	349.8M	314.8M	299.0M
Net Tangible Assets	104.6M	(135.6M)	(234.8M)	(411.9M)	(370.7M)	(352.2M)
Short Term Investments	91.4M	18.6M	12.9M	7.5M	43K	40.9K
Long Term Investments	6.4M	58.0M	108.6M	121.9M	122.8M	35M
Short Long Term Debt	721.3M	132.8M	30K	113M	101.7M	96.6M
Property Plant Equipment	14.3M	107.2M	95.7M	89.8M	103.3M	108.4M
Other Liab	18.8M	8.8M	20.8M	13.3M	11.9M	12.1M
Other Assets	192.9M	12.6M	6.2M	5M	4.5M	4.3M
Long Term Debt	21.5M	101.5M	400M	236.8M	272.3M	298.7M
Net Invested Capital	1.0B	413.9M	175.1M	(52.3M)	(393.0M)	(373.3M)
Non Current Liabilities Other	8.7M	7.2M	19.3M	10.8M	4.8M	4.5M
Net Working Capital	78.3M	199.3M	121.9M	(136.8M)	(380.1M)	(361.1M)

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