Jiaozuo Net Receivables vs Inventory Analysis

000612 Stock

6.90 0.25 3.50%

Jiaozuo Wanfang financial indicator trend analysis is infinitely more than just investigating Jiaozuo Wanfang Aluminum recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jiaozuo Wanfang Aluminum is a good investment. Please check the relationship between Jiaozuo Wanfang Net Receivables and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jiaozuo Wanfang Aluminum. 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.

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jiaozuo Wanfang Aluminum Net Receivables account and Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Jiaozuo Wanfang's Net Receivables and Inventory is -0.22. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of Jiaozuo Wanfang Aluminum, assuming nothing else is changed. The correlation between historical values of Jiaozuo Wanfang's Net Receivables 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 Net Receivables of Jiaozuo Wanfang Aluminum 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 Net Receivables i.e., Jiaozuo Wanfang's Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Receivables

Inventory

Most indicators from Jiaozuo Wanfang's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jiaozuo Wanfang Aluminum 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 Jiaozuo Wanfang Aluminum. 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 Tax Provision is expected to grow to about 112.2 M, whereas Selling General Administrative is forecasted to decline to about 18.9 M.

	2023	2024 (projected)
Research Development	23.6K	39.6K
Minority Interest	4.5K	4.8K

Research Development Minority Interest

Jiaozuo Wanfang fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Other Current Assets	Total Liab	Total Current Assets	Short Long Term Debt Total	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Cash And Short Term Investments	Net Receivables	Inventory	Other Stockholder Equity	Short Term Debt	Common Stock	Intangible Assets	Other Liab	Other Assets
Total Assets		0.04	0.85	0.74	0.75	0.96	0.09	0.38	-0.09	0.8	0.53	0.64	0.38	0.35	0.49	0.45	0.26	0.24	0.31	0.53	0.84	0.65	0.89	0.33	0.43	0.39
Other Current Liab	0.04		0.15	0.13	-0.17	0.02	0.52	-0.38	-0.15	-0.15	0.06	-0.2	-0.66	-0.29	0.02	0.36	0.24	0.26	-0.16	-0.07	0.1	0.13	0.17	-0.18	-0.17	-0.48
Total Current Liabilities	0.85	0.15		0.6	0.75	0.86	0.36	0.17	0.03	0.77	0.38	0.64	0.32	0.43	0.32	0.46	0.11	0.09	0.19	0.57	0.74	0.86	0.74	0.24	0.32	0.12
Total Stockholder Equity	0.74	0.13	0.6		0.38	0.65	-0.13	-0.09	-0.17	0.4	0.81	0.28	-0.01	-0.19	0.82	0.44	0.75	0.74	0.18	0.5	0.7	0.49	0.83	0.14	0.28	0.08
Property Plant And Equipment Net	0.75	-0.17	0.75	0.38		0.81	0.29	0.61	-0.06	0.89	0.19	0.84	0.67	0.73	0.2	0.11	-0.15	-0.17	0.31	0.34	0.6	0.57	0.51	0.24	0.27	0.51
Non Current Assets Total	0.96	0.02	0.86	0.65	0.81		0.16	0.45	-0.15	0.85	0.32	0.65	0.46	0.44	0.37	0.45	0.11	0.09	0.17	0.48	0.82	0.63	0.83	0.45	0.53	0.44
Non Currrent Assets Other	0.09	0.52	0.36	-0.13	0.29	0.16		0.09	-0.04	0.29	-0.17	0.4	-0.14	0.4	-0.24	-0.01	-0.16	-0.18	-0.02	-0.08	0.12	0.43	-0.01	-0.09	-0.03	-0.26
Non Current Liabilities Total	0.38	-0.38	0.17	-0.09	0.61	0.45	0.09		-0.01	0.75	-0.06	0.69	0.63	0.74	-0.02	-0.08	-0.37	-0.37	0.39	-0.11	0.14	0.0	0.01	0.5	0.44	0.69
Other Current Assets	-0.09	-0.15	0.03	-0.17	-0.06	-0.15	-0.04	-0.01		0.01	0.07	-0.14	0.35	-0.09	-0.03	0.04	-0.04	-0.03	-0.01	0.01	-0.22	-0.1	-0.18	0.24	-0.19	-0.28
Total Liab	0.8	-0.15	0.77	0.4	0.89	0.85	0.29	0.75	0.01		0.27	0.88	0.6	0.73	0.27	0.25	-0.09	-0.11	0.38	0.3	0.57	0.57	0.49	0.49	0.5	0.51
Total Current Assets	0.53	0.06	0.38	0.81	0.19	0.32	-0.17	-0.06	0.07	0.27		0.28	-0.1	-0.2	0.81	0.24	0.78	0.77	0.49	0.35	0.42	0.36	0.56	-0.11	-0.01	-0.02
Short Long Term Debt Total	0.64	-0.2	0.64	0.28	0.84	0.65	0.4	0.69	-0.14	0.88	0.28		0.44	0.85	0.24	-0.11	-0.13	-0.15	0.5	0.25	0.45	0.66	0.33	0.16	0.28	0.47
Current Deferred Revenue	0.38	-0.66	0.32	-0.01	0.67	0.46	-0.14	0.63	0.35	0.6	-0.1	0.44		0.57	-0.13	-0.05	-0.42	-0.44	0.24	0.14	0.3	0.08	0.18	0.43	0.33	0.61
Net Debt	0.35	-0.29	0.43	-0.19	0.73	0.44	0.4	0.74	-0.09	0.73	-0.2	0.85	0.57		-0.26	-0.3	-0.64	-0.65	0.42	0.04	0.27	0.47	0.03	0.18	0.3	0.57
Retained Earnings	0.49	0.02	0.32	0.82	0.2	0.37	-0.24	-0.02	-0.03	0.27	0.81	0.24	-0.13	-0.26		0.32	0.83	0.84	0.05	0.46	0.23	0.27	0.44	0.1	0.02	-0.14
Accounts Payable	0.45	0.36	0.46	0.44	0.11	0.45	-0.01	-0.08	0.04	0.25	0.24	-0.11	-0.05	-0.3	0.32		0.39	0.38	-0.29	0.41	0.22	0.06	0.44	0.24	0.1	-0.27
Cash	0.26	0.24	0.11	0.75	-0.15	0.11	-0.16	-0.37	-0.04	-0.09	0.78	-0.13	-0.42	-0.64	0.83	0.39		1.0	-0.07	0.28	0.15	0.08	0.41	-0.12	-0.16	-0.38
Cash And Short Term Investments	0.24	0.26	0.09	0.74	-0.17	0.09	-0.18	-0.37	-0.03	-0.11	0.77	-0.15	-0.44	-0.65	0.84	0.38	1.0		-0.08	0.25	0.13	0.06	0.39	-0.1	-0.15	-0.39
Net Receivables	0.31	-0.16	0.19	0.18	0.31	0.17	-0.02	0.39	-0.01	0.38	0.49	0.5	0.24	0.42	0.05	-0.29	-0.07	-0.08		-0.22	0.37	0.29	0.24	-0.08	0.23	0.53
Inventory	0.53	-0.07	0.57	0.5	0.34	0.48	-0.08	-0.11	0.01	0.3	0.35	0.25	0.14	0.04	0.46	0.41	0.28	0.25	-0.22		0.36	0.47	0.47	-0.06	-0.09	-0.15
Other Stockholder Equity	0.84	0.1	0.74	0.7	0.6	0.82	0.12	0.14	-0.22	0.57	0.42	0.45	0.3	0.27	0.23	0.22	0.15	0.13	0.37	0.36		0.65	0.93	0.2	0.52	0.47
Short Term Debt	0.65	0.13	0.86	0.49	0.57	0.63	0.43	0.0	-0.1	0.57	0.36	0.66	0.08	0.47	0.27	0.06	0.08	0.06	0.29	0.47	0.65		0.6	0.01	0.23	0.08
Common Stock	0.89	0.17	0.74	0.83	0.51	0.83	-0.01	0.01	-0.18	0.49	0.56	0.33	0.18	0.03	0.44	0.44	0.41	0.39	0.24	0.47	0.93	0.6		0.16	0.37	0.29
Intangible Assets	0.33	-0.18	0.24	0.14	0.24	0.45	-0.09	0.5	0.24	0.49	-0.11	0.16	0.43	0.18	0.1	0.24	-0.12	-0.1	-0.08	-0.06	0.2	0.01	0.16		0.78	0.39
Other Liab	0.43	-0.17	0.32	0.28	0.27	0.53	-0.03	0.44	-0.19	0.5	-0.01	0.28	0.33	0.3	0.02	0.1	-0.16	-0.15	0.23	-0.09	0.52	0.23	0.37	0.78		0.6
Other Assets	0.39	-0.48	0.12	0.08	0.51	0.44	-0.26	0.69	-0.28	0.51	-0.02	0.47	0.61	0.57	-0.14	-0.27	-0.38	-0.39	0.53	-0.15	0.47	0.08	0.29	0.39	0.6

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Jiaozuo Wanfang Account Relationship Matchups

Jiaozuo Wanfang fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.0B	7.1B	7.9B	7.8B	7.9B	4.7B
Other Current Liab	41.8M	323.4M	5.1M	330.9M	142.3M	92.2M
Total Current Liabilities	2.2B	2.3B	2.2B	1.8B	1.9B	1.4B
Total Stockholder Equity	4.3B	4.8B	5.1B	5.3B	5.8B	6.1B
Property Plant And Equipment Net	2.7B	2.5B	2.3B	2.2B	1.9B	2.0B
Non Current Assets Total	5.8B	5.6B	5.5B	5.7B	5.4B	3.5B
Non Currrent Assets Other	2.9B	1.0	51.6M	150.2M	2.0	1.9
Liabilities And Stockholders Equity	7.0B	7.1B	7.9B	7.8B	7.9B	4.7B
Non Current Liabilities Total	541.9M	27.3M	556.1M	769.4M	219.8M	208.8M
Other Current Assets	16.2M	10.3M	163.3M	80.0M	76.2M	52.3M
Total Liab	2.7B	2.3B	2.8B	2.5B	2.1B	2.1B
Total Current Assets	1.2B	1.5B	2.4B	2.1B	2.5B	2.7B
Short Long Term Debt Total	1.6B	1.3B	1.6B	1.5B	1.6B	1.6B
Current Deferred Revenue	352.4M	67.8M	472.6M	20.9M	24.7M	23.5M
Net Debt	875.7M	520.5M	483.1M	310.7M	4.7M	4.5M
Retained Earnings	1.1B	1.6B	1.9B	2.0B	2.5B	2.6B
Accounts Payable	661.1M	616.5M	640.1M	700.5M	316.8M	286.7M
Cash	736.3M	756.0M	1.2B	1.2B	1.6B	1.7B
Cash And Short Term Investments	736.3M	807.6M	1.2B	1.3B	1.7B	1.8B
Net Receivables	57.7M	63.9M	101.4M	156.3M	255.7M	240.8M
Inventory	427.2M	653.5M	965.7M	544.9M	455.3M	435.4M
Other Stockholder Equity	2.1B	1.6B	1.5B	1.5B	1.5B	959.6M
Short Term Debt	1.1B	1.3B	1.1B	723.4M	1.4B	940.7M
Intangible Assets	24.3M	91.4M	90.7M	88.5M	86.3M	124.5M
Other Liab	35.7M	31.9M	27.3M	22.7M	26.1M	33.2M
Other Assets	72.6M	1.0	97.9M	37.8M	1.15	1.09
Short Term Investments	0.06	51.6M	0.03	150.2M	150.0M	142.5M
Property Plant Equipment	2.9B	2.7B	2.5B	2.3B	2.6B	2.5B
Net Tangible Assets	4.2B	4.3B	4.7B	5.0B	5.7B	5.0B
Short Long Term Debt	1.1B	766.5M	1.1B	691.2M	350.8M	333.3M
Net Invested Capital	5.9B	5.6B	6.7B	6.7B	6.3B	6.8B
Net Working Capital	(919.9M)	(748.8M)	163.0M	320.0M	650.7M	683.2M

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

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Jiaozuo Net Receivables vs Inventory Analysis

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

Correlation Coefficient

Net Receivables

Inventory

Jiaozuo Wanfang fundamental ratios Correlations

Jiaozuo Wanfang Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jiaozuo Wanfang fundamental ratios Accounts

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Other Information on Investing in Jiaozuo Stock

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.96	Total Assets
Common Stock	+ 0.93	Other Stockholder Equity
Common Stock	+ 0.89	Total Assets
Total Liab	+ 0.89	Property Plant And Equipment Net
Short Long Term Debt Total	+ 0.88	Total Liab

Current Deferred Revenue	- 0.66	Other Current Liab
Cash And Short Term Investments	- 0.65	Net Debt
Cash	- 0.64	Net Debt
Other Assets	- 0.48	Other Current Liab
Cash And Short Term Investments	- 0.44	Current Deferred Revenue
Cash	- 0.42	Current Deferred Revenue