UKOMW Stock | | | USD 0.01 0 33.33% |
Ucommune International financial indicator trend analysis is much more than just breaking down Ucommune International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ucommune International is a good investment. Please check the relationship between Ucommune International Current Deferred Revenue and its Accounts Payable accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Ucommune International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Ucommune Stock please use our
How to Invest in Ucommune International guide.
Current Deferred Revenue vs Accounts Payable
Current Deferred Revenue vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ucommune International Current Deferred Revenue account and
Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Ucommune International's Current Deferred Revenue and Accounts Payable is 0.91. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Ucommune International, assuming nothing else is changed. The correlation between historical values of Ucommune International's Current Deferred Revenue and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Ucommune International are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Current Deferred Revenue i.e., Ucommune International's Current Deferred Revenue and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.91 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.
Accounts Payable
An accounting item on the balance sheet that represents Ucommune International 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 Ucommune International 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.
Most indicators from Ucommune International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ucommune International 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 Ucommune International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
For more information on how to buy Ucommune Stock please use our
How to Invest in Ucommune International guide.
Sales General And Administrative To Revenue is likely to climb to 0.33 in 2024, whereas
Selling General Administrative is likely to drop slightly above 96.1
M in 2024.
Ucommune International fundamental ratios Correlations
Click cells to compare fundamentals
Ucommune International Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ucommune International fundamental ratios Accounts
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Additional Tools for Ucommune Stock Analysis
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