300096 Stock | | | 3.93 0.03 0.77% |
YLZ Information financial indicator trend analysis is more than just analyzing YLZ Information Tech current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether YLZ Information Tech is a good investment. Please check the relationship between YLZ Information Accounts Payable and its Other Current Liab accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in YLZ Information Tech. 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.
Accounts Payable vs Other Current Liab
Accounts Payable vs Other Current Liab Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
YLZ Information Tech Accounts Payable account and
Other Current Liab. At this time, the significance of the direction appears to have very strong relationship.
The correlation between YLZ Information's Accounts Payable and Other Current Liab is 0.81. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Other Current Liab in the same time period over historical financial statements of YLZ Information Tech, assuming nothing else is changed. The correlation between historical values of YLZ Information's Accounts Payable and Other Current Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of YLZ Information Tech are associated (or correlated) with its Other Current Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Liab has no effect on the direction of Accounts Payable i.e., YLZ Information's Accounts Payable and Other Current Liab go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Accounts Payable
An accounting item on the balance sheet that represents YLZ Information 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 YLZ Information Tech 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.
Other Current Liab
Most indicators from YLZ Information's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into YLZ Information Tech 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 YLZ Information Tech. 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 32
M, whereas
Selling General Administrative is forecasted to decline to about 112.2
M.
YLZ Information fundamental ratios Correlations
Click cells to compare fundamentals
YLZ Information Account Relationship Matchups
High Positive Relationship
High Negative Relationship
YLZ Information fundamental ratios Accounts
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Other Information on Investing in YLZ Stock
Balance Sheet is a snapshot of the
financial position of YLZ Information Tech at a specified time, usually calculated after every quarter, six months, or one year. YLZ Information Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of YLZ Information 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 YLZ currently owns. An asset can also be divided into two categories, current and non-current.