Financial Accounts Payable vs Inventory Analysis

000402 Stock   3.51  0.03  0.86%   
Financial Street financial indicator trend analysis is much more than just examining Financial Street Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Financial Street Holdings is a good investment. Please check the relationship between Financial Street Accounts Payable and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Financial Street Holdings. 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.

Accounts Payable vs Inventory

Accounts Payable vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Financial Street Holdings Accounts Payable account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Financial Street's Accounts Payable and Inventory is 0.85. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Inventory in the same time period over historical financial statements of Financial Street Holdings, assuming nothing else is changed. The correlation between historical values of Financial Street's Accounts Payable and 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 Accounts Payable of Financial Street Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Accounts Payable i.e., Financial Street's Accounts Payable and Inventory go up and down completely randomly.

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Financial Street 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 Financial Street Holdings 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.

Inventory

Most indicators from Financial Street's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Financial Street Holdings 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 Financial Street Holdings. 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.
The current year's Selling General Administrative is expected to grow to about 1.1 B, whereas Tax Provision is projected to grow to (399.8 M).
 2021 2022 2023 2024 (projected)
Minority Interest61.6M198.9M211.0M200.5M
Income Tax Expense1.1B439.5M505.5M798.8M

Financial Street fundamental ratios Correlations

0.98-0.360.990.860.81-0.430.981.00.670.770.90.860.07-0.630.440.710.710.11-0.260.79-0.480.71-0.720.67-0.72
0.98-0.220.980.890.8-0.310.970.960.780.820.890.820.17-0.730.350.610.690.04-0.320.73-0.470.65-0.680.58-0.66
-0.36-0.22-0.38-0.11-0.360.68-0.32-0.390.310.22-0.36-0.550.65-0.31-0.19-0.43-0.46-0.020.09-0.60.27-0.50.54-0.370.58
0.990.98-0.380.870.82-0.460.970.980.630.710.920.860.0-0.590.40.70.760.05-0.360.79-0.530.72-0.750.66-0.72
0.860.89-0.110.870.71-0.240.830.850.70.770.770.690.17-0.680.440.640.64-0.21-0.470.66-0.530.56-0.590.6-0.59
0.810.8-0.360.820.71-0.620.760.810.50.560.790.95-0.03-0.580.00.710.86-0.05-0.390.9-0.60.92-0.90.72-0.87
-0.43-0.310.68-0.46-0.24-0.62-0.33-0.460.260.1-0.54-0.620.7-0.23-0.05-0.65-0.740.00.35-0.740.45-0.860.78-0.670.74
0.980.97-0.320.970.830.76-0.330.980.70.820.850.840.18-0.670.450.660.630.13-0.240.7-0.450.63-0.620.63-0.61
1.00.96-0.390.980.850.81-0.460.980.630.750.90.870.04-0.60.470.730.710.13-0.250.79-0.490.72-0.720.69-0.72
0.670.780.310.630.70.50.260.70.630.920.540.450.66-0.960.110.150.280.02-0.090.3-0.130.23-0.250.14-0.27
0.770.820.220.710.770.560.10.820.750.920.620.540.61-0.90.340.410.350.08-0.140.37-0.260.34-0.310.41-0.3
0.90.89-0.360.920.770.79-0.540.850.90.540.620.79-0.01-0.520.380.710.690.13-0.230.77-0.390.76-0.810.6-0.79
0.860.82-0.550.860.690.95-0.620.840.870.450.540.79-0.07-0.510.130.740.820.0-0.330.9-0.590.88-0.860.74-0.84
0.070.170.650.00.17-0.030.70.180.040.660.61-0.01-0.07-0.730.03-0.18-0.40.060.28-0.320.28-0.310.33-0.220.27
-0.63-0.73-0.31-0.59-0.68-0.58-0.23-0.67-0.6-0.96-0.9-0.52-0.51-0.73-0.06-0.24-0.270.00.08-0.330.17-0.290.31-0.220.32
0.440.35-0.190.40.440.0-0.050.450.470.110.340.380.130.03-0.060.51-0.060.250.170.18-0.04-0.02-0.030.35-0.12
0.710.61-0.430.70.640.71-0.650.660.730.150.410.710.74-0.18-0.240.510.670.19-0.330.72-0.70.74-0.740.95-0.64
0.710.69-0.460.760.640.86-0.740.630.710.280.350.690.82-0.4-0.27-0.060.67-0.12-0.660.85-0.80.89-0.890.76-0.74
0.110.04-0.020.05-0.21-0.050.00.130.130.020.080.130.00.060.00.250.19-0.120.60.00.04-0.04-0.030.10.04
-0.26-0.320.09-0.36-0.47-0.390.35-0.24-0.25-0.09-0.14-0.23-0.330.280.080.17-0.33-0.660.6-0.260.73-0.410.37-0.50.15
0.790.73-0.60.790.660.9-0.740.70.790.30.370.770.9-0.32-0.330.180.720.850.0-0.26-0.530.89-0.930.68-0.95
-0.48-0.470.27-0.53-0.53-0.60.45-0.45-0.49-0.13-0.26-0.39-0.590.280.17-0.04-0.7-0.80.040.73-0.53-0.560.62-0.820.33
0.710.65-0.50.720.560.92-0.860.630.720.230.340.760.88-0.31-0.29-0.020.740.89-0.04-0.410.89-0.56-0.930.76-0.89
-0.72-0.680.54-0.75-0.59-0.90.78-0.62-0.72-0.25-0.31-0.81-0.860.330.31-0.03-0.74-0.89-0.030.37-0.930.62-0.93-0.710.91
0.670.58-0.370.660.60.72-0.670.630.690.140.410.60.74-0.22-0.220.350.950.760.1-0.50.68-0.820.76-0.71-0.54
-0.72-0.660.58-0.72-0.59-0.870.74-0.61-0.72-0.27-0.3-0.79-0.840.270.32-0.12-0.64-0.740.040.15-0.950.33-0.890.91-0.54
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Financial Street Account Relationship Matchups

Financial Street fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets162.0B169.2B164.8B153.0B144.4B80.2B
Total Stockholder Equity34.7B36.4B37.1B37.9B35.9B20.3B
Other Liab4.1B4.8B3.8B4.0B4.6B6.0B
Retained Earnings24.1B25.7B26.5B27.3B23.8B12.1B
Cash11.0B18.8B17.9B16.9B13.8B9.4B
Other Assets42.3B43.9B41.2B42.2B48.5B50.9B
Inventory80.0B82.0B84.3B74.3B69.2B40.9B
Total Liab123.0B129.4B122.2B110.6B104.2B57.7B
Property Plant Equipment3.3B3.4B3.8B2.7B3.1B2.3B
Accounts Payable9.2B7.7B9.6B8.7B6.8B4.1B
Long Term Debt68.8B72.7B67.5B64.6B70.6B74.1B
Intangible Assets558.0M538.7M563.4M386.9M370.1M622.8M
Other Current Liab20.4B25.2B25.3B15.8B1.2B1.1B
Total Current Liabilities50.1B51.9B50.8B42.0B29.5B42.9B
Net Tangible Assets34.2B35.9B36.6B37.5B43.2B35.2B
Net Receivables11.2B431.5M721.8M908.1M490.8M466.2M
Other Current Assets8.2B3.6B3.6B3.0B2.9B4.5B
Other Stockholder Equity770.6M766.1M746.9M747.4M859.6M724.9M
Deferred Long Term Liab4.4M2.7M752.5K291.9K262.7K249.6K
Short Long Term Debt3.0B50M2.5B20M30M28.5M
Total Current Assets110.6B116.4B114.5B102.6B93.7B107.7B
Non Current Assets Total51.4B52.8B50.3B50.4B50.6B51.7B
Non Currrent Assets Other685.3M333.1M262.5M248.4M200.3M324.7M
Non Current Liabilities Total72.9B77.5B71.4B68.7B74.7B75.5B
Net Debt57.8B56.4B49.6B47.7B56.8B42.9B
Net Invested Capital103.6B111.6B104.6B102.6B106.5B113.3B
Net Working Capital60.4B64.5B63.7B60.6B64.2B67.3B

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Other Information on Investing in Financial Stock

Balance Sheet is a snapshot of the financial position of Financial Street Holdings at a specified time, usually calculated after every quarter, six months, or one year. Financial Street Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Financial Street 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 Financial currently owns. An asset can also be divided into two categories, current and non-current.