Origin Inventory vs Accounts Payable Analysis
SEED Stock | USD 2.46 0.05 2.07% |
Origin Agritech financial indicator trend analysis is much more than just breaking down Origin Agritech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Origin Agritech is a good investment. Please check the relationship between Origin Agritech Inventory and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Origin Agritech. 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. For information on how to trade Origin Stock refer to our How to Trade Origin Stock guide.
Inventory vs Accounts Payable
Inventory vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Origin Agritech Inventory account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Origin Agritech's Inventory and Accounts Payable is -0.43. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Origin Agritech, assuming nothing else is changed. The correlation between historical values of Origin Agritech's Inventory 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 Inventory of Origin Agritech 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 Inventory i.e., Origin Agritech's Inventory and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.43 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Inventory
Accounts Payable
An accounting item on the balance sheet that represents Origin Agritech 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 Origin Agritech 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 Origin Agritech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Origin Agritech 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Origin Agritech. 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. For information on how to trade Origin Stock refer to our How to Trade Origin Stock guide.The current year's Tax Provision is expected to grow to about 195.6 K, whereas Selling General Administrative is forecasted to decline to about 15.5 M.
Origin Agritech fundamental ratios Correlations
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Origin Agritech Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Origin Agritech fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 254.9M | 119.0M | 136.0M | 238.5M | 214.7M | 203.9M | |
Total Current Liabilities | 176.9M | 286.4M | 292.9M | 313.5M | 360.5M | 446.5M | |
Total Stockholder Equity | (77.2M) | (140.7M) | (133.9M) | (57.4M) | (51.7M) | (49.1M) | |
Net Debt | 118.4M | 125.4M | 121.6M | (23.5M) | (27.0M) | (25.6M) | |
Cash | 22.5M | 15.4M | 17.7M | 23.7M | 21.3M | 20.3M | |
Cash And Short Term Investments | 22.5M | 15.4M | 17.7M | 23.7M | 21.3M | 20.3M | |
Common Stock Shares Outstanding | 3.1M | 5.0M | 5.6M | 6.6M | 7.5M | 7.9M | |
Liabilities And Stockholders Equity | 254.9M | 119.0M | 136.0M | 238.5M | 214.7M | 203.9M | |
Total Liab | 340.3M | 304.6M | 308.6M | 319.8M | 367.7M | 496.6M | |
Total Current Assets | 64.4M | 58.1M | 81.5M | 141.8M | 127.6M | 121.2M | |
Other Current Liab | 99.5M | 88.9M | 79.4M | 192.8M | 221.8M | 202.6M | |
Current Deferred Revenue | 66.4M | 46.8M | 61.4M | 114.8M | 132.0M | 143.4M | |
Other Assets | 1.2M | 8.0M | 48.0M | 83K | 74.7K | 71.0K | |
Non Current Liabilities Total | 163.4M | 18.3M | 15.7M | 6.3M | 5.7M | 5.4M | |
Other Stockholder Equity | 504.3M | 533.2M | 545.8M | 567.2M | 652.2M | 366.4M | |
Short Long Term Debt Total | 140.9M | 140.8M | 139.3M | 241K | 216.9K | 206.1K | |
Other Liab | 28.8M | 23.1M | 15.7M | 14.2M | 16.4M | 11.1M | |
Retained Earnings | (559.1M) | (650.6M) | (656.9M) | (601.6M) | (541.4M) | (514.3M) | |
Accounts Payable | 9.6M | 9.2M | 10.2M | 4.9M | 4.4M | 7.4M | |
Non Current Assets Total | 190.5M | 60.9M | 54.4M | 96.7M | 87.1M | 82.7M | |
Non Currrent Assets Other | 5.7M | 83K | (54.4M) | 4.9M | 4.4M | 4.2M | |
Inventory | 13.6M | 4.2M | 2.1M | 13.0M | 11.7M | 11.1M | |
Other Current Assets | 2.9M | 9.2M | 24.1M | 74.0M | 66.6M | 69.9M | |
Short Term Debt | 559K | 138.2M | 137.8M | 113K | 101.7K | 96.6K | |
Intangible Assets | 14.4M | 5.6M | 4.8M | 3.3M | 2.9M | 2.8M | |
Property Plant Equipment | 149.1M | 117.7M | 50.6M | 47.9M | 55.1M | 83.4M | |
Property Plant And Equipment Net | 117.7M | 50.6M | 47.9M | 21.9M | 19.7M | 18.7M | |
Property Plant And Equipment Gross | 117.7M | 145.2M | 124.1M | 189.7M | 218.2M | 215.4M | |
Accumulated Other Comprehensive Income | (22.4M) | (23.2M) | (22.8M) | (23.0M) | (20.7M) | (19.7M) | |
Net Receivables | 25.4M | 29.4M | 28.7M | 31.0M | 35.7M | 33.5M | |
Net Tangible Assets | (41.1M) | (91.6M) | (146.3M) | (138.7M) | (124.8M) | (118.5M) | |
Long Term Investments | 10.4M | 4.6M | 1.7M | 66.6M | 76.6M | 80.5M | |
Capital Lease Obligations | 3.2M | 3.1M | 1.6M | 241K | 277.2K | 263.3K | |
Non Current Liabilities Other | 23.1M | 15.7M | 14.2M | 6.2M | 5.6M | 5.3M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Origin Agritech is a strong investment it is important to analyze Origin Agritech's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Origin Agritech's future performance. For an informed investment choice regarding Origin Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Origin Agritech. 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. For information on how to trade Origin Stock refer to our How to Trade Origin Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Agricultural Products & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Origin Agritech. If investors know Origin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Origin Agritech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.22 | Revenue Per Share 18.071 | Quarterly Revenue Growth 0.393 | Return On Assets (0.03) | Return On Equity (3.72) |
The market value of Origin Agritech is measured differently than its book value, which is the value of Origin that is recorded on the company's balance sheet. Investors also form their own opinion of Origin Agritech's value that differs from its market value or its book value, called intrinsic value, which is Origin Agritech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Origin Agritech's market value can be influenced by many factors that don't directly affect Origin Agritech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Origin Agritech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Origin Agritech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Origin Agritech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.