Tuniu Payout Ratio vs Average Inventory Analysis

TOUR Stock  USD 1.14  0.05  4.59%   
Tuniu Corp financial indicator trend analysis is much more than just breaking down Tuniu Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tuniu Corp is a good investment. Please check the relationship between Tuniu Corp Payout Ratio and its Average Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tuniu Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Tuniu Stock, please use our How to Invest in Tuniu Corp guide.

Payout Ratio vs Average Inventory

Payout Ratio vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tuniu Corp Payout Ratio account and Average Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Tuniu Corp's Payout Ratio and Average Inventory is -0.03. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Tuniu Corp, assuming nothing else is changed. The correlation between historical values of Tuniu Corp's Payout Ratio and Average 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 Payout Ratio of Tuniu Corp are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Payout Ratio i.e., Tuniu Corp's Payout Ratio and Average Inventory go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payout Ratio

Payout Ratio is the proportion of Tuniu Corp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Tuniu Corp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Tuniu Corp is paying out more in dividends than it makes in net income.

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.
Most indicators from Tuniu Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tuniu Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tuniu Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Tuniu Stock, please use our How to Invest in Tuniu Corp guide.As of 11/29/2024, Sales General And Administrative To Revenue is likely to grow to 0.30, while Selling General Administrative is likely to drop slightly above 107.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit171.5M89.6M293.7M473.7M
Total Revenue426.3M183.6M441.3M419.2M

Tuniu Corp fundamental ratios Correlations

0.920.990.970.750.94-0.42-0.270.880.490.880.80.850.770.60.410.640.430.960.610.990.090.98-0.010.590.8
0.920.930.860.650.86-0.51-0.180.70.570.780.910.830.540.480.240.650.430.880.50.930.050.91-0.070.470.62
0.990.930.930.770.93-0.43-0.240.890.50.890.790.820.760.560.340.680.50.960.571.00.070.960.010.550.77
0.970.860.930.720.93-0.4-0.370.820.480.820.780.890.750.650.50.560.340.920.660.930.20.96-0.030.650.8
0.750.650.770.720.590.08-0.60.870.070.920.340.460.710.730.610.890.420.720.760.770.420.620.420.730.68
0.940.860.930.930.59-0.51-0.070.740.550.730.80.890.680.390.250.420.410.880.40.930.020.96-0.270.390.77
-0.42-0.51-0.43-0.40.08-0.51-0.44-0.12-0.98-0.08-0.69-0.570.050.110.30.04-0.2-0.50.18-0.420.32-0.540.350.120.08
-0.27-0.18-0.24-0.37-0.6-0.07-0.44-0.380.3-0.44-0.04-0.2-0.33-0.9-0.81-0.59-0.01-0.21-0.92-0.24-0.75-0.19-0.63-0.91-0.4
0.880.70.890.820.870.74-0.12-0.380.220.960.450.540.90.630.460.750.540.880.640.890.150.790.280.620.77
0.490.570.50.480.070.55-0.980.30.220.190.690.590.010.02-0.190.080.30.59-0.050.49-0.140.58-0.250.02-0.05
0.880.780.890.820.920.73-0.08-0.440.960.190.510.540.840.670.50.80.550.870.690.90.230.770.210.660.76
0.80.910.790.780.340.8-0.69-0.040.450.690.510.880.310.330.080.350.280.750.330.79-0.080.86-0.260.330.46
0.850.830.820.890.460.89-0.57-0.20.540.590.540.880.440.470.330.40.130.740.480.820.080.92-0.170.480.67
0.770.540.760.750.710.680.05-0.330.90.010.840.310.440.540.510.510.360.770.570.760.080.70.150.530.85
0.60.480.560.650.730.390.11-0.90.630.020.670.330.470.540.840.710.140.550.990.560.620.540.531.00.58
0.410.240.340.50.610.250.3-0.810.46-0.190.50.080.330.510.840.49-0.220.340.850.350.550.350.460.840.59
0.640.650.680.560.890.420.04-0.590.750.080.80.350.40.510.710.490.350.60.730.690.350.540.580.70.53
0.430.430.50.340.420.41-0.2-0.010.540.30.550.280.130.360.14-0.220.350.530.130.50.180.35-0.050.140.14
0.960.880.960.920.720.88-0.5-0.210.880.590.870.750.740.770.550.340.60.530.550.950.080.930.010.540.66
0.610.50.570.660.760.40.18-0.920.64-0.050.690.330.480.570.990.850.730.130.550.570.620.540.520.990.63
0.990.931.00.930.770.93-0.42-0.240.890.490.90.790.820.760.560.350.690.50.950.570.080.960.020.550.77
0.090.050.070.20.420.020.32-0.750.15-0.140.23-0.080.080.080.620.550.350.180.080.620.080.020.350.640.14
0.980.910.960.960.620.96-0.54-0.190.790.580.770.860.920.70.540.350.540.350.930.540.960.02-0.10.530.77
-0.01-0.070.01-0.030.42-0.270.35-0.630.28-0.250.21-0.26-0.170.150.530.460.58-0.050.010.520.020.35-0.10.530.01
0.590.470.550.650.730.390.12-0.910.620.020.660.330.480.531.00.840.70.140.540.990.550.640.530.530.57
0.80.620.770.80.680.770.08-0.40.77-0.050.760.460.670.850.580.590.530.140.660.630.770.140.770.010.57
Click cells to compare fundamentals

Tuniu Corp Account Relationship Matchups

Tuniu Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B3.2B2.3B1.9B2.0B1.9B
Other Current Liab1.1B452.7M345.2M284.5M89.4M84.9M
Total Current Liabilities3.7B1.7B979.0M774.3M958.9M910.9M
Total Stockholder Equity2.7B1.4B1.3B1.1B1.0B2.0B
Property Plant And Equipment Net329.2M154.0M146.3M118.4M70.0M137.4M
Current Deferred Revenue1.1B208.8M238.4M98.9M345.0M548.5M
Net Debt30.3M(77.7M)(57.5M)(95.4M)(160.2M)(168.2M)
Retained Earnings(6.4B)(7.7B)(7.8B)(8.0B)(8.1B)(7.7B)
Accounts Payable1.3B724.9M387.5M265.8M317.1M301.2M
Cash295.5M213.5M349.1M153.8M379.0M500.3M
Non Current Assets Total2.8B912.1M822.4M678.0M452.4M429.7M
Non Currrent Assets Other83.9M91.2M113K91.1M56.0M53.2M
Cash And Short Term Investments1.6B1.6B965.0M878.2M1.2B1.9B
Net Receivables595.1M288.0M126.9M34.7M51.1M48.6M
Common Stock Shares Outstanding123.2M123.4M123.6M123.7M123.8M119.0M
Liabilities And Stockholders Equity6.6B3.2B2.3B1.9B2.0B1.9B
Non Current Liabilities Total99.0M74.9M65.7M45.3M21.8M20.7M
Inventory327.1M50.6M122.6M44.1M208.5M129.0M
Other Current Assets1.3B429.3M383.6M287.0M300.1M285.1M
Other Stockholder Equity8.8B8.8B8.8B8.8B8.9B6.6B
Total Liab3.8B1.8B1.0B819.6M980.6M931.6M
Property Plant And Equipment Gross329.2M154.0M599.0M118.4M499.9M524.9M
Total Current Assets3.8B2.3B1.5B1.2B1.5B1.4B
Accumulated Other Comprehensive Income293.8M275.0M271.8M299.0M305.4M211.5M
Short Term Debt261.3M560.9M238.4M220.0M203.1M178.2M
Other Liab34.6M17.9M12.5M6.8M7.9M7.5M
Other Assets641.5M91.2M92.1M91.1M104.8M99.5M
Short Term Investments1.3B1.4B615.9M724.4M777.9M1.4B
Property Plant Equipment329.2M154.0M146.3M118.4M136.1M141.5M
Net Tangible Assets2.2B984.6M887.1M870.1M1.0B1.5B
Long Term Investments1.3B266.9M201.9M230.6M209.8M412.0M
Short Long Term Debt203.8M60.7M221.8M7.5M200.4M210.4M
Short Long Term Debt Total325.7M135.9M291.5M58.4M218.8M167.8M
Long Term Debt9.7M22.6M14.3M12.0M10.4M7.6M
Capital Lease Obligations112.2M52.6M55.4M38.9M8.1M7.7M

Pair Trading with Tuniu Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tuniu Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tuniu Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Tuniu Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tuniu Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tuniu Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tuniu Corp to buy it.
The correlation of Tuniu Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tuniu Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tuniu Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tuniu Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Tuniu Stock Analysis

When running Tuniu Corp's price analysis, check to measure Tuniu Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tuniu Corp is operating at the current time. Most of Tuniu Corp's value examination focuses on studying past and present price action to predict the probability of Tuniu Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tuniu Corp's price. Additionally, you may evaluate how the addition of Tuniu Corp to your portfolios can decrease your overall portfolio volatility.