| GOTU Stock | | | USD 2.81 0.06 2.09% |
Gaotu Techedu financial indicator trend analysis is much more than just examining Gaotu Techedu DRC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaotu Techedu DRC is a good investment. Please check the relationship between Gaotu Techedu Accounts Payable and its Net Receivables accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaotu Techedu DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Accounts Payable vs Net Receivables
Accounts Payable vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gaotu Techedu DRC Accounts Payable account and
Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gaotu Techedu's Accounts Payable and Net Receivables is 0.42. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Gaotu Techedu DRC, assuming nothing else is changed. The correlation between historical values of Gaotu Techedu's Accounts Payable and Net Receivables 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 Gaotu Techedu DRC are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., Gaotu Techedu's Accounts Payable and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.42 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Accounts Payable
An accounting item on the balance sheet that represents Gaotu Techedu 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 Gaotu Techedu DRC 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.
Net Receivables
Most indicators from Gaotu Techedu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaotu Techedu DRC 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaotu Techedu DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
Sales General And Administrative To Revenue is likely to gain to 0.15 in 2024, despite the fact that
Tax Provision is likely to grow to (11.7
M).
Gaotu Techedu fundamental ratios Correlations
Click cells to compare fundamentals
Gaotu Techedu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gaotu Techedu fundamental ratios Accounts
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Additional Tools for Gaotu Stock Analysis
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