Quess Non Currrent Assets Other vs Net Receivables Analysis

QUESS Stock   610.05  14.20  2.38%   
Quess Corp financial indicator trend analysis is much more than just breaking down Quess Corp Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quess Corp Limited is a good investment. Please check the relationship between Quess Corp Non Currrent Assets Other and its Net Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quess Corp 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 state.

Non Currrent Assets Other vs Net Receivables

Non Currrent Assets Other vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quess Corp Limited Non Currrent Assets Other account and Net Receivables. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Quess Corp's Non Currrent Assets Other and Net Receivables is 0.86. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Quess Corp Limited, assuming nothing else is changed. The correlation between historical values of Quess Corp's Non Currrent Assets Other and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Quess Corp Limited are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Non Currrent Assets Other i.e., Quess Corp's Non Currrent Assets Other and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Net Receivables

Most indicators from Quess Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quess Corp 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quess Corp 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 state.
As of the 20th of February 2025, Selling General Administrative is likely to drop to about 1.2 B. In addition to that, Tax Provision is likely to drop to about 161.8 M
 2022 2023 2024 2025 (projected)
Gross Profit20.2B11.1B12.8B11.8B
Total Revenue171.6B191.0B219.7B230.6B

Quess Corp fundamental ratios Correlations

0.880.840.990.990.870.270.740.860.910.940.990.980.880.890.970.970.970.720.380.980.990.920.820.750.92
0.880.660.870.860.730.510.950.720.930.960.880.890.940.750.870.830.910.750.40.890.890.820.980.770.89
0.840.660.840.810.95-0.080.520.910.670.730.830.830.690.970.770.880.80.470.280.780.840.950.570.530.72
0.990.870.840.960.880.170.760.830.870.910.970.960.840.90.930.940.940.690.420.941.00.920.820.680.91
0.990.860.810.960.830.340.70.880.920.941.00.980.890.870.990.960.960.720.360.990.970.90.80.810.91
0.870.730.950.880.83-0.030.610.840.70.770.850.820.670.980.790.90.830.640.360.830.880.960.670.50.75
0.270.51-0.080.170.34-0.030.460.180.590.530.340.330.530.00.410.230.390.470.130.40.230.120.560.580.42
0.740.950.520.760.70.610.460.570.820.830.730.740.860.630.720.660.770.70.410.730.770.710.950.670.8
0.860.720.910.830.880.840.180.570.830.80.880.890.780.920.880.90.830.520.310.840.840.930.640.720.82
0.910.930.670.870.920.70.590.820.830.960.930.920.920.750.940.860.910.760.440.930.890.820.920.860.93
0.940.960.730.910.940.770.530.830.80.960.950.950.940.790.930.910.970.730.380.950.930.860.930.80.91
0.990.880.830.971.00.850.340.730.880.930.950.980.890.880.980.970.970.740.340.990.980.920.820.790.91
0.980.890.830.960.980.820.330.740.890.920.950.980.920.860.970.940.950.640.310.960.970.90.810.810.91
0.880.940.690.840.890.670.530.860.780.920.940.890.920.740.910.840.90.640.340.90.870.810.880.890.87
0.890.750.970.90.870.980.00.630.920.750.790.880.860.740.840.930.860.610.370.850.90.990.680.580.81
0.970.870.770.930.990.790.410.720.880.940.930.980.970.910.840.940.940.750.360.980.940.880.80.870.92
0.970.830.880.940.960.90.230.660.90.860.910.970.940.840.930.940.950.690.340.950.950.950.760.710.87
0.970.910.80.940.960.830.390.770.830.910.970.970.950.90.860.940.950.730.310.950.960.90.860.710.94
0.720.750.470.690.720.640.470.70.520.760.730.740.640.640.610.750.690.730.250.780.70.650.780.620.7
0.380.40.280.420.360.360.130.410.310.440.380.340.310.340.370.360.340.310.250.380.40.390.460.270.39
0.980.890.780.940.990.830.40.730.840.930.950.990.960.90.850.980.950.950.780.380.960.890.840.820.9
0.990.890.841.00.970.880.230.770.840.890.930.980.970.870.90.940.950.960.70.40.960.920.830.70.92
0.920.820.950.920.90.960.120.710.930.820.860.920.90.810.990.880.950.90.650.390.890.920.760.660.86
0.820.980.570.820.80.670.560.950.640.920.930.820.810.880.680.80.760.860.780.460.840.830.760.730.86
0.750.770.530.680.810.50.580.670.720.860.80.790.810.890.580.870.710.710.620.270.820.70.660.730.72
0.920.890.720.910.910.750.420.80.820.930.910.910.910.870.810.920.870.940.70.390.90.920.860.860.72
Click cells to compare fundamentals

Quess Corp Account Relationship Matchups

Quess Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets47.2B53.7B61.2B62.6B71.9B36.3B
Short Long Term Debt Total7.9B9.1B10.1B8.4B9.6B7.8B
Other Current Liab8.9B9.5B18.0B18.8B21.6B22.7B
Total Current Liabilities16.4B23.2B27.7B26.3B30.2B15.4B
Total Stockholder Equity23.4B24.4B25.7B28.0B32.2B16.3B
Property Plant And Equipment Net4.3B5.0B6.5B6.2B7.2B7.5B
Current Deferred Revenue9.5B969.6M1.1B984.5M1.1B1.1B
Net Debt3.1B5.0B5.7B3.2B3.7B4.0B
Retained Earnings4.5B5.3B5.7B7.8B8.9B9.4B
Accounts Payable1.2B1.2B1.2B1.2B1.4B985.8M
Cash4.9B4.1B4.4B5.2B6.0B3.6B
Non Current Assets Total21.3B22.5B26.1B26.7B30.8B17.0B
Non Currrent Assets Other4.7B5.5B7.2B7.9B9.1B4.7B
Cash And Short Term Investments5.4B5.2B6.3B5.8B6.7B4.9B
Net Receivables18.0B23.3B26.9B27.7B31.9B33.5B
Good Will9.9B10.1B10.4B10.0B11.5B6.7B
Common Stock Shares Outstanding149.4M149.1M149.2M149.3M171.7M148.1M
Liabilities And Stockholders Equity47.2B53.7B61.2B62.6B71.9B39.0B
Non Current Liabilities Total6.4B4.8B6.2B6.6B7.6B4.3B
Inventory290.3M274.8M281.6M71.3M82.0M135.2M
Other Current Assets2.2B2.4B1.8B2.0B2.3B1.9B
Other Stockholder Equity17.5B17.0B17.0B17.2B19.8B10.7B
Total Liab22.8B28.0B33.9B32.9B37.8B19.4B
Total Current Assets25.9B31.2B35.1B35.8B41.2B43.2B
Accumulated Other Comprehensive Income488.8M644.8M1.5B1.5B1.8B1.9B
Short Term Debt5.6B6.7B6.6B5.1B5.9B5.2B
Intangible Assets1.2B1.6B1.3B1.0B1.2B1.0B
Common Stock1.5B1.5B1.5B1.5B1.7B1.2B
Other Liab3.2B3.5B4.1B2.4B2.8B2.3B
Net Tangible Assets12.9B13.0B12.4B12.6B14.5B8.1B
Other Assets5.9B5.7B1.4B(80.1M)(92.1M)(87.5M)
Long Term Debt543.1M236.8M94.7M17.6M15.8M15.0M
Short Long Term Debt4.0B5.6B5.2B3.7B4.2B4.9B
Property Plant Equipment5.1B4.3B5.0B6.5B7.4B7.8B
Short Term Investments563.8M1.1B2.0B605.4M696.2M1.3B
Long Term Debt Total3.3B2.3B2.4B3.5B4.0B2.7B
Capital Lease Obligations2.8B3.3B4.8B4.7B5.4B5.7B

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Other Information on Investing in Quess Stock

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