Meiwu Days Sales Outstanding vs Days Of Inventory On Hand Analysis

WNW Stock  USD 1.29  0.09  7.50%   
Meiwu Technology financial indicator trend analysis is infinitely more than just investigating Meiwu Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Meiwu Technology is a good investment. Please check the relationship between Meiwu Technology Days Sales Outstanding and its Days Of Inventory On Hand accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Meiwu Technology Co. 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.

Days Sales Outstanding vs Days Of Inventory On Hand

Days Sales Outstanding vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Meiwu Technology Days Sales Outstanding account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Meiwu Technology's Days Sales Outstanding and Days Of Inventory On Hand is -0.64. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Meiwu Technology Co, assuming nothing else is changed. The correlation between historical values of Meiwu Technology's Days Sales Outstanding and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Meiwu Technology Co are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Days Sales Outstanding i.e., Meiwu Technology's Days Sales Outstanding and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Days Sales Outstanding

Days Of Inventory On Hand

Most indicators from Meiwu Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Meiwu Technology 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Meiwu Technology Co. 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.
At this time, Meiwu Technology's Tax Provision is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.26 in 2024, whereas Selling General Administrative is likely to drop slightly above 2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit2.8M895.7K2.6M2.0M
Total Revenue12.3M11.0M11.0M10.2M

Meiwu Technology fundamental ratios Correlations

0.830.920.98-0.78-0.590.850.780.68-0.120.820.980.990.60.960.91-0.80.670.940.33-0.65-0.110.64-0.810.80.56
0.830.840.78-0.76-0.930.760.90.90.010.990.850.820.930.850.95-0.920.430.820.16-0.92-0.050.67-0.890.460.27
0.920.840.84-0.56-0.610.630.640.640.030.780.970.920.660.940.84-0.690.820.970.19-0.650.050.52-0.680.820.71
0.980.780.84-0.85-0.550.90.810.65-0.240.810.920.980.540.930.9-0.810.580.870.35-0.62-0.210.64-0.830.740.47
-0.78-0.76-0.56-0.850.69-0.98-0.95-0.670.18-0.84-0.69-0.79-0.56-0.76-0.880.94-0.19-0.56-0.140.650.18-0.550.96-0.32-0.01
-0.59-0.93-0.61-0.550.69-0.63-0.87-0.88-0.02-0.94-0.61-0.58-0.95-0.66-0.830.88-0.14-0.57-0.020.930.06-0.580.83-0.120.02
0.850.760.630.9-0.98-0.630.920.7-0.140.820.760.840.550.80.87-0.910.250.640.3-0.67-0.130.65-0.940.470.08
0.780.90.640.81-0.95-0.870.920.82-0.10.950.730.780.770.790.94-1.00.20.630.1-0.82-0.130.61-0.990.290.02
0.680.90.640.65-0.67-0.880.70.820.060.890.690.620.940.620.77-0.830.110.680.47-0.990.010.88-0.790.35-0.03
-0.120.010.03-0.240.18-0.02-0.14-0.10.06-0.090.01-0.160.02-0.17-0.150.030.07-0.06-0.09-0.040.85-0.10.030.08-0.12
0.820.990.780.81-0.84-0.940.820.950.89-0.090.820.810.910.840.96-0.960.340.770.15-0.91-0.130.67-0.930.390.19
0.980.850.970.92-0.69-0.610.760.730.690.010.820.970.650.950.89-0.760.750.970.29-0.680.010.61-0.770.840.63
0.990.820.920.98-0.79-0.580.840.780.62-0.160.810.970.570.980.92-0.80.710.920.22-0.61-0.130.55-0.810.780.6
0.60.930.660.54-0.56-0.950.550.770.940.020.910.650.570.630.78-0.790.180.660.23-0.97-0.040.72-0.730.250.07
0.960.850.940.93-0.76-0.660.80.790.62-0.170.840.950.980.630.94-0.810.710.890.11-0.64-0.150.49-0.820.70.6
0.910.950.840.9-0.88-0.830.870.940.77-0.150.960.890.920.780.94-0.950.50.820.09-0.78-0.180.57-0.940.510.35
-0.8-0.92-0.69-0.810.940.88-0.91-1.0-0.830.03-0.96-0.76-0.8-0.79-0.81-0.95-0.26-0.66-0.090.830.05-0.60.99-0.33-0.06
0.670.430.820.58-0.19-0.140.250.20.110.070.340.750.710.180.710.5-0.260.76-0.09-0.130.150.03-0.280.830.95
0.940.820.970.87-0.56-0.570.640.630.68-0.060.770.970.920.660.890.82-0.660.760.38-0.67-0.040.65-0.650.870.69
0.330.160.190.35-0.14-0.020.30.10.47-0.090.150.290.220.230.110.09-0.09-0.090.38-0.38-0.060.82-0.090.46-0.03
-0.65-0.92-0.65-0.620.650.93-0.67-0.82-0.99-0.04-0.91-0.68-0.61-0.97-0.64-0.780.83-0.13-0.67-0.380.0-0.830.78-0.310.01
-0.11-0.050.05-0.210.180.06-0.13-0.130.010.85-0.130.01-0.13-0.04-0.15-0.180.050.15-0.04-0.060.0-0.110.040.18-0.07
0.640.670.520.64-0.55-0.580.650.610.88-0.10.670.610.550.720.490.57-0.60.030.650.82-0.83-0.11-0.580.46-0.02
-0.81-0.89-0.68-0.830.960.83-0.94-0.99-0.790.03-0.93-0.77-0.81-0.73-0.82-0.940.99-0.28-0.65-0.090.780.04-0.58-0.36-0.07
0.80.460.820.74-0.32-0.120.470.290.350.080.390.840.780.250.70.51-0.330.830.870.46-0.310.180.46-0.360.77
0.560.270.710.47-0.010.020.080.02-0.03-0.120.190.630.60.070.60.35-0.060.950.69-0.030.01-0.07-0.02-0.070.77
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Meiwu Technology Account Relationship Matchups

Meiwu Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.2M37.5M28.3M38.0M20.6M20.4M
Other Current Liab385.0K1.4M889.9K2.0M2.3M2.4M
Total Current Liabilities3.2M13.0M3.8M8.3M7.6M5.8M
Total Stockholder Equity(1.6M)16.9M17.6M20.2M9.4M9.7M
Net Debt1.3M(4.2M)(26.2M)(17.4M)(15.6M)(14.8M)
Retained Earnings(2.7M)(4.9M)(6.0M)(17.1M)(33.1M)(31.5M)
Cash546.3K7.0M26.6M23.7M16.1M11.6M
Cash And Short Term Investments618.1K7.0M26.7M23.7M27.3M28.6M
Net Receivables728.8K439.9K433.0K4.0M2.9M3.0M
Common Stock Shares Outstanding26.2M576.9K738.6K1.3M2.9M5.4M
Other Stockholder Equity1.0M22.0M23.4M38.6M44.4M46.6M
Total Liab4.9M20.6M10.7M17.9M11.6M10.7M
Total Current Assets1.6M36.4M28.0M29.9M20.4M18.3M
Short Long Term Debt Total1.9M2.8M480.2K6.4M7.3M7.7M
Property Plant And Equipment Net1.3M1.1M299.4K411.0K195.5K185.8K
Current Deferred Revenue1.5M5.3M1.2M747.1K859.2K816.2K
Accounts Payable1.2M5.7M1.7M5.0M2.5M3.0M
Non Current Assets Total1.3M1.1M299.4K8.1M195.5K185.8K
Non Currrent Assets Other(1.3M)(1.1M)(299.4K)(7.7M)(6.9M)(6.6M)
Liabilities And Stockholders Equity3.2M37.5M28.3M38.0M43.7M23.9M
Non Current Liabilities Total1.7M2.0M1.9M9.6M3.9M3.8M
Capital Lease Obligations991.2K818.0K19.1K251.6K140.0K133.0K
Inventory859.1K2.3M664.2K1.7M95.1K90.4K
Other Current Assets152.7K27.4M397.3K1.8M64.8K61.5K
Net Invested Capital(1.6M)16.9M19.5M27.5M11.2M13.3M
Property Plant And Equipment Gross1.3M1.1M595.3K863.7K784.5K802.4K
Accumulated Other Comprehensive Income57.2K(148.5K)253.7K(1.3M)(1.2M)(1.1M)
Net Working Capital(1.6M)23.4M24.2M21.5M12.8M14.6M
Short Term Debt225.1K544.3K85.2K439.8K505.7K328.8K

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