Allwin Other Current Assets vs Inventory Analysis

002231 Stock   6.07  0.03  0.49%   
Allwin Telecommunicatio financial indicator trend analysis is way more than just evaluating Allwin Telecommunicatio prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Allwin Telecommunicatio is a good investment. Please check the relationship between Allwin Telecommunicatio Other Current Assets and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allwin Telecommunication Co. 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.

Other Current Assets vs Inventory

Other Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Allwin Telecommunicatio Other Current Assets account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Allwin Telecommunicatio's Other Current Assets and Inventory is 0.69. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Allwin Telecommunication Co, assuming nothing else is changed. The correlation between historical values of Allwin Telecommunicatio's Other Current Assets 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 Other Current Assets of Allwin Telecommunication Co 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 Other Current Assets i.e., Allwin Telecommunicatio's Other Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Inventory

Most indicators from Allwin Telecommunicatio's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Allwin Telecommunicatio 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 Allwin Telecommunication Co. 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 1, 2024, Selling General Administrative is expected to decline to about 16.7 M. In addition to that, Tax Provision is expected to decline to about 2.6 M

Allwin Telecommunicatio fundamental ratios Correlations

0.030.490.940.490.50.490.320.810.570.460.510.680.670.310.430.340.440.15-0.030.11-0.250.330.180.230.3
0.030.63-0.21-0.360.510.260.39-0.190.430.490.630.25-0.38-0.230.33-0.5-0.25-0.380.48-0.08-0.33-0.240.330.23-0.5
0.490.630.17-0.30.790.240.60.10.810.591.00.64-0.19-0.250.39-0.44-0.09-0.550.73-0.270.06-0.250.02-0.04-0.48
0.94-0.210.170.660.260.490.120.860.330.30.190.530.820.420.30.550.530.36-0.30.2-0.30.460.190.270.51
0.49-0.36-0.30.66-0.240.33-0.20.81-0.110.11-0.28-0.040.590.480.240.950.890.81-0.640.49-0.670.830.630.720.96
0.50.510.790.26-0.240.390.70.10.610.520.790.59-0.1-0.270.33-0.39-0.14-0.450.48-0.150.1-0.25-0.02-0.08-0.41
0.490.260.240.490.330.39-0.090.240.130.270.220.160.21-0.25-0.190.160.24-0.040.13-0.21-0.450.220.440.420.15
0.320.390.60.12-0.20.7-0.090.210.460.320.630.66-0.220.110.56-0.35-0.21-0.290.31-0.130.12-0.280.0-0.07-0.35
0.81-0.190.10.860.810.10.240.210.190.240.140.450.740.650.490.680.680.59-0.450.39-0.440.540.420.470.68
0.570.430.810.33-0.110.610.130.460.190.690.830.640.02-0.160.52-0.190.1-0.280.540.0-0.060.120.070.08-0.25
0.460.490.590.30.110.520.270.320.240.690.590.520.03-0.020.340.030.3-0.190.370.01-0.380.310.380.390.0
0.510.631.00.19-0.280.790.220.630.140.830.590.65-0.16-0.20.46-0.42-0.07-0.510.69-0.210.05-0.220.03-0.03-0.46
0.680.250.640.53-0.040.590.160.660.450.640.520.650.280.160.33-0.25-0.12-0.30.4-0.250.13-0.140.02-0.02-0.25
0.67-0.38-0.190.820.59-0.10.21-0.220.740.020.03-0.160.280.610.150.540.380.56-0.590.44-0.190.390.070.150.54
0.31-0.23-0.250.420.48-0.27-0.250.110.65-0.16-0.02-0.20.160.610.420.460.270.59-0.640.47-0.210.340.160.220.5
0.430.330.390.30.240.33-0.190.560.490.520.340.460.330.150.420.180.310.32-0.160.59-0.260.350.250.290.18
0.34-0.5-0.440.550.95-0.390.16-0.350.68-0.190.03-0.42-0.250.540.460.180.910.82-0.710.52-0.60.850.470.590.99
0.44-0.25-0.090.530.89-0.140.24-0.210.680.10.3-0.07-0.120.380.270.310.910.66-0.420.49-0.660.850.580.680.88
0.15-0.38-0.550.360.81-0.45-0.04-0.290.59-0.28-0.19-0.51-0.30.560.590.320.820.66-0.880.8-0.540.720.510.590.87
-0.030.480.73-0.3-0.640.480.130.31-0.450.540.370.690.4-0.59-0.64-0.16-0.71-0.42-0.88-0.710.34-0.48-0.18-0.27-0.74
0.11-0.08-0.270.20.49-0.15-0.21-0.130.390.00.01-0.21-0.250.440.470.590.520.490.8-0.71-0.380.60.330.410.57
-0.25-0.330.06-0.3-0.670.1-0.450.12-0.44-0.06-0.380.050.13-0.19-0.21-0.26-0.6-0.66-0.540.34-0.38-0.65-0.85-0.87-0.59
0.33-0.24-0.250.460.83-0.250.22-0.280.540.120.31-0.22-0.140.390.340.350.850.850.72-0.480.6-0.650.630.750.86
0.180.330.020.190.63-0.020.440.00.420.070.380.030.020.070.160.250.470.580.51-0.180.33-0.850.630.980.53
0.230.23-0.040.270.72-0.080.42-0.070.470.080.39-0.03-0.020.150.220.290.590.680.59-0.270.41-0.870.750.980.64
0.3-0.5-0.480.510.96-0.410.15-0.350.68-0.250.0-0.46-0.250.540.50.180.990.880.87-0.740.57-0.590.860.530.64
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Allwin Telecommunicatio Account Relationship Matchups

Allwin Telecommunicatio fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets781.8M749.6M680.3M580.1M540.2M671.9M
Other Current Liab24.5M104.9M87.0M93.7M422.5K401.4K
Total Current Liabilities183.5M300.5M270.4M226.6M216.1M174.1M
Total Stockholder Equity598.2M430.8M403.0M349.8M318.9M489.7M
Retained Earnings75.2M(92.2M)(68.8M)(122.0M)(183.2M)(174.0M)
Accounts Payable141.5M190.6M175.7M129.8M146.5M120.1M
Cash290.3M148.4M180.2M218.9M63.0M59.9M
Other Assets20.5M31.2M34.4M26.6M30.6M17.0M
Net Receivables218.0M157.4M195.2M150.1M113.9M108.2M
Inventory171.6M319.2M207.2M138.7M169.1M169.3M
Other Current Assets45.8M56.6M34.8M12.3M7.1M6.8M
Total Liab183.6M318.8M277.2M230.2M221.4M180.4M
Property Plant Equipment32.3M30.1M25.3M24.5M28.2M48.3M
Intangible Assets2.1M2.0M2.0M1.9M2.2M3.0M
Other Liab67.2K18.2M6.9M3.6M4.2M4.0M
Net Tangible Assets596.1M428.7M401.1M348.0M313.2M432.8M
Total Current Assets727.0M686.3M618.6M527.1M487.3M551.3M
Non Current Assets Total54.8M63.3M61.7M53.0M53.0M51.9M
Non Currrent Assets Other54.8M35.0M5.3M5.0M4.1M3.9M
Non Current Liabilities Total67.2K18.2M6.9M3.6M5.3M6.7M
Net Invested Capital598.2M430.8M403.0M349.8M340.3M384.0M
Net Working Capital543.5M385.7M348.2M300.5M271.2M338.4M

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Other Information on Investing in Allwin Stock

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