002177 Stock | | | 6.63 0.25 3.92% |
Guangzhou KingTeller financial indicator trend analysis is much more than just examining Guangzhou KingTeller latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangzhou KingTeller is a good investment. Please check the relationship between Guangzhou KingTeller Current Deferred Revenue and its Inventory accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangzhou KingTeller Technology. 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.
Current Deferred Revenue vs Inventory
Current Deferred Revenue vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Guangzhou KingTeller Current Deferred Revenue account and
Inventory. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Guangzhou KingTeller's Current Deferred Revenue and Inventory is 0.9. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Inventory in the same time period over historical financial statements of Guangzhou KingTeller Technology, assuming nothing else is changed. The correlation between historical values of Guangzhou KingTeller's Current Deferred Revenue and 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 Current Deferred Revenue of Guangzhou KingTeller Technology are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Current Deferred Revenue i.e., Guangzhou KingTeller's Current Deferred Revenue and Inventory go up and down completely randomly.
Correlation Coefficient | 0.9 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Inventory
Most indicators from Guangzhou KingTeller's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangzhou KingTeller 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 Guangzhou KingTeller Technology. 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.
As of December 12, 2024,
Selling General Administrative is expected to decline to about 10.1
M. The current year's
Tax Provision is expected to grow to about (1.9
M)
Guangzhou KingTeller fundamental ratios Correlations
Click cells to compare fundamentals
Guangzhou KingTeller Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Guangzhou KingTeller fundamental ratios Accounts
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Other Information on Investing in Guangzhou Stock
Balance Sheet is a snapshot of the
financial position of Guangzhou KingTeller at a specified time, usually calculated after every quarter, six months, or one year. Guangzhou KingTeller Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Guangzhou KingTeller 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 Guangzhou currently owns. An asset can also be divided into two categories, current and non-current.