600804 Inventory vs Other Assets Analysis
600804 Stock | 2.19 0.02 0.92% |
Dr Peng financial indicator trend analysis is much more than just examining Dr Peng Telecom latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dr Peng Telecom is a good investment. Please check the relationship between Dr Peng Inventory and its Other Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Dr Peng Telecom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Inventory vs Other Assets
Inventory vs Other Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dr Peng Telecom Inventory account and Other Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dr Peng's Inventory and Other Assets is -0.26. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Other Assets in the same time period over historical financial statements of Dr Peng Telecom, assuming nothing else is changed. The correlation between historical values of Dr Peng's Inventory and Other Assets 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 Dr Peng Telecom are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Inventory i.e., Dr Peng's Inventory and Other Assets go up and down completely randomly.
Correlation Coefficient | -0.26 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Inventory
Other Assets
Most indicators from Dr Peng's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dr Peng Telecom 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 Dr Peng Telecom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. As of December 11, 2024, Selling General Administrative is expected to decline to about 220.7 M. The current year's Tax Provision is expected to grow to about (40.6 M)
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 2.7B | 3.0B | 1.8B | 1.9B | Total Revenue | 4.0B | 3.7B | 2.6B | 3.7B |
Dr Peng fundamental ratios Correlations
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Dr Peng Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dr Peng fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 15.8B | 11.8B | 9.5B | 7.4B | 7.2B | 8.9B | |
Other Current Liab | 6.4B | 1.5B | 2.5B | 1.4B | 318.6M | 302.6M | |
Total Current Liabilities | 14.0B | 7.6B | 7.0B | 3.3B | 3.3B | 4.9B | |
Total Stockholder Equity | 696.1M | 900.4M | 1.4B | 1.1B | 1.0B | 990.9M | |
Accounts Payable | 1.5B | 729.6M | 774.0M | 704.8M | 753.7M | 982.6M | |
Cash | 751.9M | 1.1B | 1.1B | 641.4M | 157.7M | 149.8M | |
Other Assets | 2.8B | 2.0B | 676.6M | 335.2M | 385.5M | 366.2M | |
Long Term Debt | 2.8B | 1.3B | 2.7M | 2.0B | 1.7B | 1.3B | |
Net Receivables | 858.1M | 431.3M | 311.7M | 402.2M | 554.0M | 526.9M | |
Inventory | 34.9M | 14.6M | 13.5M | 221.4M | 10.0M | 9.5M | |
Other Current Assets | 787.4M | 504.9M | 1.2B | 439.4M | 200.7M | 190.6M | |
Total Liab | 15.0B | 10.9B | 8.2B | 6.5B | 6.3B | 6.3B | |
Intangible Assets | 248.3M | 136.7M | 106.6M | 84.9M | 97.6M | 92.7M | |
Property Plant Equipment | 8.4B | 5.5B | 3.1B | 3.5B | 4.1B | 4.5B | |
Other Liab | 225.5M | 1.9B | 1.3B | 1.1B | 1.3B | 1.4B | |
Retained Earnings | (2.3B) | (2.2B) | (3.4B) | (3.8B) | (4.7B) | (4.5B) | |
Good Will | 34.6M | 36.7M | 24.4M | 19.7M | 19.6M | 18.6M | |
Net Tangible Assets | 462.7M | 744.6M | 1.3B | 954.1M | 858.7M | 815.8M | |
Other Stockholder Equity | (375.9M) | (337.6M) | (375.4M) | (231.9M) | (208.7M) | (219.1M) | |
Deferred Long Term Liab | 526.3M | 225.2M | 78.3M | 79.4M | 71.5M | 67.9M | |
Total Current Assets | 2.4B | 3.0B | 4.6B | 2.2B | 1.7B | 2.8B | |
Non Current Assets Total | 13.5B | 8.9B | 4.9B | 5.2B | 5.5B | 9.1B | |
Non Currrent Assets Other | 2.1B | 1.7B | 405.2M | 82.8M | 22.7M | 21.6M | |
Non Current Liabilities Total | 3.0B | 3.3B | 1.3B | 3.2B | 3.0B | 2.4B | |
Short Long Term Debt | 490.9M | 1.3B | 594.2M | 55.6M | 70.9M | 67.3M | |
Net Debt | 3.8B | 1.7B | 1.5B | 1.4B | 1.6B | 1.5B | |
Net Invested Capital | 3.2B | 3.5B | 2.0B | 3.1B | 2.8B | 4.4B | |
Non Current Liabilities Other | 2.7M | 1.5B | 960.7M | 935.7M | 910.4M | 1.6B | |
Net Working Capital | (9.7B) | (4.6B) | (2.4B) | (1.1B) | (1.6B) | (1.7B) |
Currently Active Assets on Macroaxis
Other Information on Investing in 600804 Stock
Balance Sheet is a snapshot of the financial position of Dr Peng Telecom at a specified time, usually calculated after every quarter, six months, or one year. Dr Peng Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dr Peng 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 600804 currently owns. An asset can also be divided into two categories, current and non-current.