Quess Short Long Term Debt Total vs Accounts Payable Analysis

QUESS Stock   651.60  3.55  0.55%   
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 Short Long Term Debt Total and its Accounts Payable 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.

Short Long Term Debt Total vs Accounts Payable

Short Long Term Debt Total vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Quess Corp Limited Short Long Term Debt Total account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Quess Corp's Short Long Term Debt Total and Accounts Payable is 0.92. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Accounts Payable 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 Short Long Term Debt Total 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 Short Long Term Debt Total of Quess Corp 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 Short Long Term Debt Total i.e., Quess Corp's Short Long Term Debt Total and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Long Term Debt Total

Accounts Payable

An accounting item on the balance sheet that represents Quess Corp 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 Quess Corp 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 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 27th of November 2024, Selling General Administrative is likely to grow to about 1.1 B, while Tax Provision is likely to drop about 140.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit26.0B20.2B17.8B12.4B
Total Revenue136.9B171.6B191.0B200.6B

Quess Corp fundamental ratios Correlations

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0.990.870.550.950.830.460.740.950.940.941.00.970.90.960.990.970.950.810.40.990.960.970.830.850.9
0.870.750.850.890.830.070.660.710.720.770.850.820.680.90.790.910.830.760.570.80.890.890.680.530.75
0.390.57-0.340.290.460.070.470.410.650.620.450.420.590.240.50.390.50.47-0.060.530.340.330.630.60.51
0.790.960.290.820.740.660.470.630.820.860.770.760.870.740.740.750.820.710.290.750.830.790.960.660.83
0.920.770.510.880.950.710.410.630.90.850.940.950.840.890.950.880.870.650.320.920.890.90.720.830.87
0.920.920.350.880.940.720.650.820.90.950.940.920.910.850.940.890.910.80.350.950.90.890.920.870.92
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0.990.890.570.961.00.850.450.770.940.940.950.980.90.960.980.970.960.830.40.990.970.980.850.830.9
0.970.880.550.950.970.820.420.760.950.920.940.980.920.940.960.930.940.70.330.960.960.960.840.830.89
0.890.940.350.860.90.680.590.870.840.910.950.90.920.820.910.870.910.670.170.920.880.870.920.890.87
0.980.830.70.990.960.90.240.740.890.850.870.960.940.820.930.940.930.790.520.930.990.990.770.690.87
0.970.860.510.930.990.790.50.740.950.940.920.980.960.910.930.960.930.810.380.990.940.950.830.890.91
0.970.870.660.930.970.910.390.750.880.890.920.970.930.870.940.960.950.850.410.960.950.950.820.780.88
0.960.920.540.930.950.830.50.820.870.910.960.960.940.910.930.930.950.820.390.940.960.950.870.730.93
0.820.780.430.790.810.760.470.710.650.80.790.830.70.670.790.810.850.820.470.830.810.80.760.630.76
0.460.310.540.520.40.57-0.060.290.320.350.30.40.330.170.520.380.410.390.470.360.50.510.290.080.54
0.970.880.490.920.990.80.530.750.920.950.950.990.960.920.930.990.960.940.830.360.940.950.850.890.89
0.990.910.631.00.960.890.340.830.890.90.930.970.960.880.990.940.950.960.810.50.941.00.860.730.92
1.00.890.640.990.970.890.330.790.90.890.920.980.960.870.990.950.950.950.80.510.951.00.830.750.91
0.850.980.250.840.830.680.630.960.720.920.950.850.840.920.770.830.820.870.760.290.850.860.830.780.86
0.790.770.20.720.850.530.60.660.830.870.820.830.830.890.690.890.780.730.630.080.890.730.750.780.73
0.920.890.470.90.90.750.510.830.870.920.90.90.890.870.870.910.880.930.760.540.890.920.910.860.73
Click cells to compare fundamentals

Quess Corp Account Relationship Matchups

Quess Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.2B47.2B53.7B61.2B62.6B36.3B
Short Long Term Debt Total14.7B7.9B9.1B10.1B8.4B7.8B
Other Current Liab155.0M8.9B9.5B18.0B18.8B19.7B
Total Current Liabilities22.8B16.4B23.2B27.7B26.3B15.4B
Total Stockholder Equity22.8B23.4B24.4B25.7B28.0B16.3B
Property Plant And Equipment Net5.1B4.3B5.0B6.5B6.2B6.5B
Current Deferred Revenue9.7B9.5B969.6M1.1B984.5M935.3M
Net Debt7.6B3.1B5.0B5.7B3.2B4.0B
Retained Earnings3.8B4.5B5.3B5.7B7.8B4.1B
Accounts Payable1.6B1.2B1.2B1.2B1.2B973.5M
Cash7.1B4.9B4.1B4.4B5.2B3.6B
Non Current Assets Total24.3B21.3B22.5B26.1B26.8B17.1B
Non Currrent Assets Other6.8B4.7B5.5B7.2B8.9B4.8B
Cash And Short Term Investments7.5B5.4B5.2B6.3B6.0B5.0B
Net Receivables19.4B18.0B23.3B26.9B27.7B14.5B
Good Will8.4B9.9B10.1B10.4B10.0B6.7B
Common Stock Shares Outstanding146.9M149.4M149.1M149.2M149.3M148.1M
Liabilities And Stockholders Equity53.2B47.2B53.7B61.2B62.6B39.0B
Non Current Liabilities Total6.8B6.4B4.8B6.2B6.6B4.3B
Inventory283.8M290.3M274.8M281.6M71.3M135.2M
Other Current Assets1.1B2.2B2.4B1.8B2.0B1.2B
Other Stockholder Equity17.0B17.5B17.0B17.0B17.2B11.2B
Total Liab29.7B22.8B28.0B33.9B32.9B19.4B
Total Current Assets28.9B25.9B31.2B35.1B35.8B20.5B
Accumulated Other Comprehensive Income500.7M488.8M644.8M1.5B1.5B1.6B
Short Term Debt11.4B5.6B6.7B6.6B5.1B5.4B
Intangible Assets1.4B1.2B1.6B1.3B1.0B1.0B
Common Stock1.5B1.5B1.5B1.5B1.5B1.2B
Other Liab3.2B3.5B4.1B2.4B2.8B2.3B
Net Tangible Assets12.9B13.0B12.4B12.6B14.5B8.1B
Other Assets8.5B5.9B5.7B1.4B(80.1M)(76.1M)
Long Term Debt1.1B543.1M236.8M94.7M17.6M16.7M
Short Long Term Debt10.3B4.0B5.6B5.2B3.7B4.9B
Property Plant Equipment5.1B4.3B5.0B6.5B7.4B7.8B
Short Term Investments414.0M563.8M1.1B2.0B605.4M575.1M
Long Term Debt Total3.3B2.3B2.4B3.5B4.0B2.7B
Capital Lease Obligations3.3B2.8B3.3B4.8B4.7B2.7B

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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.