China Net Receivables vs Accounts Payable Analysis
001289 Stock | 16.97 0.01 0.06% |
China Longyuan financial indicator trend analysis is way more than just evaluating China Longyuan Power prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China Longyuan Power is a good investment. Please check the relationship between China Longyuan Net Receivables and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Longyuan Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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 China Longyuan Power Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.
The correlation between China Longyuan's Net Receivables and Accounts Payable is -0.82. 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 China Longyuan Power, assuming nothing else is changed. The correlation between historical values of China Longyuan'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 China Longyuan Power 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., China Longyuan's Net Receivables and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.82 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Net Receivables
Accounts Payable
An accounting item on the balance sheet that represents China Longyuan 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 China Longyuan Power 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 China Longyuan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China Longyuan Power 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in China Longyuan Power. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. The current year's Tax Provision is expected to grow to about 1.5 B. The current year's Selling General Administrative is expected to grow to about 170.6 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.1B | 3.5B | 3.4B | 3.6B | Interest Income | 33.5M | 182.8M | 231.5M | 138.9M |
China Longyuan fundamental ratios Correlations
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China Longyuan Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of China Longyuan Power at a specified time, usually calculated after every quarter, six months, or one year. China Longyuan Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of China Longyuan 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 China currently owns. An asset can also be divided into two categories, current and non-current.