Qingdao Cash vs Inventory Analysis

001219 Stock

12.99 0.24 1.81%

Qingdao Foods financial indicator trend analysis is much more than just breaking down Qingdao Foods prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Qingdao Foods is a good investment. Please check the relationship between Qingdao Foods Cash and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Qingdao Foods 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.

Cash vs Inventory

Cash vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Qingdao Foods Cash account and Inventory. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Qingdao Foods' Cash and Inventory is -0.55. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Inventory in the same time period over historical financial statements of Qingdao Foods Co, assuming nothing else is changed. The correlation between historical values of Qingdao Foods' Cash 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 Cash of Qingdao Foods Co 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 Cash i.e., Qingdao Foods' Cash and Inventory go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Cash

Cash refers to the most liquid asset of Qingdao Foods, which is listed under current asset account on Qingdao Foods Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Qingdao Foods customers. The amounts must be unrestricted with restricted cash listed in a different Qingdao Foods account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Inventory

Most indicators from Qingdao Foods' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Qingdao Foods 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 Qingdao Foods 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.

As of March 1, 2025, Selling General Administrative is expected to decline to about 10.9 M. In addition to that, Tax Provision is expected to decline to about 29.5 M

	2022	2023	2024	2025 (projected)
Gross Profit	157.9M	149.5M	134.6M	121.0M
Total Revenue	493.8M	489.3M	562.7M	518.3M

Gross Profit Total Revenue

Qingdao Foods fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Net Tangible Assets	Other Assets	Net Receivables	Short Term Investments	Net Invested Capital
Total Assets		-0.4	0.91	1.0	-0.91	-0.73	0.98	0.85	0.75	-0.28	0.23	0.93	0.82	-0.84	-0.81	-0.75	0.93	0.92	1.0	-0.54	0.97	0.99	-0.52	0.65	0.88	0.99
Other Current Liab	-0.4		-0.41	-0.39	0.65	0.12	-0.45	-0.65	-0.13	0.69	0.22	-0.42	-0.69	0.3	0.27	0.16	-0.48	-0.4	-0.41	0.23	-0.3	-0.37	0.64	-0.35	-0.54	-0.46
Total Current Liabilities	0.91	-0.41		0.9	-0.85	-0.5	0.95	0.9	0.53	-0.47	-0.06	0.88	0.81	-0.73	-0.86	-0.71	0.82	1.0	0.92	-0.57	0.97	0.85	-0.44	0.77	0.88	0.88
Total Stockholder Equity	1.0	-0.39	0.9		-0.91	-0.74	0.97	0.84	0.76	-0.27	0.24	0.93	0.82	-0.85	-0.81	-0.75	0.93	0.91	1.0	-0.53	0.96	0.99	-0.52	0.64	0.88	0.99
Property Plant And Equipment Net	-0.91	0.65	-0.85	-0.91		0.53	-0.93	-0.83	-0.56	0.5	0.01	-0.86	-0.91	0.82	0.79	0.58	-0.9	-0.85	-0.92	0.52	-0.84	-0.9	0.61	-0.71	-0.93	-0.95
Net Debt	-0.73	0.12	-0.5	-0.74	0.53		-0.63	-0.48	-1.0	-0.37	-0.8	-0.74	-0.32	0.77	0.54	0.72	-0.77	-0.51	-0.7	0.54	-0.66	-0.77	0.26	-0.35	-0.33	-0.72
Retained Earnings	0.98	-0.45	0.95	0.97	-0.93	-0.63		0.87	0.65	-0.4	0.08	0.92	0.88	-0.85	-0.83	-0.77	0.88	0.95	0.98	-0.53	0.96	0.94	-0.45	0.77	0.91	0.96
Accounts Payable	0.85	-0.65	0.9	0.84	-0.83	-0.48	0.87		0.51	-0.54	0.01	0.76	0.86	-0.57	-0.64	-0.55	0.76	0.9	0.86	-0.39	0.86	0.8	-0.55	0.6	0.82	0.83
Cash	0.75	-0.13	0.53	0.76	-0.56	-1.0	0.65	0.51		0.34	0.79	0.76	0.36	-0.77	-0.55	-0.73	0.78	0.54	0.72	-0.55	0.68	0.79	-0.28	0.38	0.36	0.74
Non Current Assets Total	-0.28	0.69	-0.47	-0.27	0.5	-0.37	-0.4	-0.54	0.34		0.77	-0.26	-0.69	0.03	0.26	0.06	-0.23	-0.45	-0.32	0.03	-0.3	-0.2	0.5	-0.33	-0.65	-0.31
Non Currrent Assets Other	0.23	0.22	-0.06	0.24	0.01	-0.8	0.08	0.01	0.79	0.77		0.2	-0.18	-0.29	0.0	-0.28	0.28	-0.05	0.19	-0.16	0.14	0.33	0.02	-0.17	-0.22	0.21
Cash And Short Term Investments	0.93	-0.42	0.88	0.93	-0.86	-0.74	0.92	0.76	0.76	-0.26	0.2		0.7	-0.89	-0.9	-0.86	0.96	0.89	0.92	-0.77	0.91	0.9	-0.53	0.72	0.78	0.93
Common Stock Shares Outstanding	0.82	-0.69	0.81	0.82	-0.91	-0.32	0.88	0.86	0.36	-0.69	-0.18	0.7		-0.62	-0.56	-0.5	0.7	0.8	0.85	-0.22	0.76	0.79	-0.52	0.63	0.94	0.83
Non Current Liabilities Total	-0.84	0.3	-0.73	-0.85	0.82	0.77	-0.85	-0.57	-0.77	0.03	-0.29	-0.89	-0.62		0.81	0.81	-0.85	-0.74	-0.83	0.66	-0.78	-0.84	0.24	-0.8	-0.65	-0.85
Inventory	-0.81	0.27	-0.86	-0.81	0.79	0.54	-0.83	-0.64	-0.55	0.26	0.0	-0.9	-0.56	0.81		0.69	-0.87	-0.86	-0.81	0.85	-0.84	-0.77	0.47	-0.78	-0.74	-0.82
Other Current Assets	-0.75	0.16	-0.71	-0.75	0.58	0.72	-0.77	-0.55	-0.73	0.06	-0.28	-0.86	-0.5	0.81	0.69		-0.71	-0.72	-0.74	0.64	-0.77	-0.7	0.16	-0.68	-0.51	-0.7
Other Stockholder Equity	0.93	-0.48	0.82	0.93	-0.9	-0.77	0.88	0.76	0.78	-0.23	0.28	0.96	0.7	-0.85	-0.87	-0.71		0.82	0.92	-0.73	0.87	0.93	-0.67	0.59	0.79	0.96
Total Liab	0.92	-0.4	1.0	0.91	-0.85	-0.51	0.95	0.9	0.54	-0.45	-0.05	0.89	0.8	-0.74	-0.86	-0.72	0.82		0.93	-0.57	0.97	0.85	-0.43	0.78	0.88	0.89
Total Current Assets	1.0	-0.41	0.92	1.0	-0.92	-0.7	0.98	0.86	0.72	-0.32	0.19	0.92	0.85	-0.83	-0.81	-0.74	0.92	0.93		-0.51	0.97	0.98	-0.52	0.65	0.9	0.99
Intangible Assets	-0.54	0.23	-0.57	-0.53	0.52	0.54	-0.53	-0.39	-0.55	0.03	-0.16	-0.77	-0.22	0.66	0.85	0.64	-0.73	-0.57	-0.51		-0.55	-0.5	0.48	-0.62	-0.36	-0.57
Common Stock	0.97	-0.3	0.97	0.96	-0.84	-0.66	0.96	0.86	0.68	-0.3	0.14	0.91	0.76	-0.78	-0.84	-0.77	0.87	0.97	0.97	-0.55		0.93	-0.42	0.68	0.85	0.93
Net Tangible Assets	0.99	-0.37	0.85	0.99	-0.9	-0.77	0.94	0.8	0.79	-0.2	0.33	0.9	0.79	-0.84	-0.77	-0.7	0.93	0.85	0.98	-0.5	0.93		-0.53	0.58	0.85	0.99
Other Assets	-0.52	0.64	-0.44	-0.52	0.61	0.26	-0.45	-0.55	-0.28	0.5	0.02	-0.53	-0.52	0.24	0.47	0.16	-0.67	-0.43	-0.52	0.48	-0.42	-0.53		-0.08	-0.6	-0.6
Net Receivables	0.65	-0.35	0.77	0.64	-0.71	-0.35	0.77	0.6	0.38	-0.33	-0.17	0.72	0.63	-0.8	-0.78	-0.68	0.59	0.78	0.65	-0.62	0.68	0.58	-0.08		0.62	0.63
Short Term Investments	0.88	-0.54	0.88	0.88	-0.93	-0.33	0.91	0.82	0.36	-0.65	-0.22	0.78	0.94	-0.65	-0.74	-0.51	0.79	0.88	0.9	-0.36	0.85	0.85	-0.6	0.62		0.89
Net Invested Capital	0.99	-0.46	0.88	0.99	-0.95	-0.72	0.96	0.83	0.74	-0.31	0.21	0.93	0.83	-0.85	-0.82	-0.7	0.96	0.89	0.99	-0.57	0.93	0.99	-0.6	0.63	0.89

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Qingdao Foods Account Relationship Matchups

Qingdao Foods fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	546.2M	934.2M	1.0B	1.1B	1.2B	775.0M
Other Current Liab	47.2M	35.0M	59.7M	1.3M	1.2M	1.1M
Total Current Liabilities	79.2M	75.3M	94.1M	98.9M	113.7M	88.8M
Total Stockholder Equity	465.7M	857.7M	923.1M	974.6M	1.1B	685.5M
Property Plant And Equipment Net	44.3M	39.9M	36.1M	29.2M	26.3M	33.3M
Net Debt	(59.8M)	(133.9M)	(460.2M)	(182.6M)	(164.3M)	(172.5M)
Retained Earnings	329.0M	358.5M	415.8M	460.0M	529.0M	366.8M
Accounts Payable	32.0M	40.4M	34.3M	52.5M	60.4M	41.9M
Cash	133.9M	460.2M	182.6M	170.3M	195.9M	168.1M
Non Current Assets Total	104.8M	126.9M	93.8M	62.0M	55.8M	73.6M
Non Currrent Assets Other	40.1M	302.9M	39.3M	2.9M	3.3M	3.2M
Cash And Short Term Investments	358.8M	384.6M	753.5M	845.5M	972.3M	1.0B
Common Stock Shares Outstanding	86.4M	91.9M	115.7M	195.0M	224.2M	114.8M
Liabilities And Stockholders Equity	496.3M	546.2M	934.2M	1.0B	1.2B	707.2M
Non Current Liabilities Total	1.3M	1.2M	999.3K	939.3K	845.4K	803.1K
Inventory	26.5M	27.3M	22.0M	26.1M	23.5M	21.6M
Other Current Assets	4.3M	1.8M	30.0M	30.3M	27.3M	25.9M
Total Liab	80.5M	76.5M	95.1M	99.8M	114.8M	89.5M
Total Current Assets	441.4M	807.3M	924.4M	1.0B	1.2B	673.8M
Intangible Assets	14.2M	13.9M	13.6M	15.4M	13.9M	11.7M
Net Receivables	14.6M	11.0M	12.5M	12.6M	14.5M	13.6M
Short Term Investments	250.7M	293.3M	663.0M	762.1M	876.4M	499.0M
Net Invested Capital	465.7M	857.7M	923.1M	974.6M	1.1B	801.0M
Net Working Capital	362.2M	732.0M	830.3M	913.5M	1.1B	699.6M

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Other Information on Investing in Qingdao Stock

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

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Qingdao Cash vs Inventory Analysis

Cash vs Inventory

Cash vs Inventory Correlation Analysis

Correlation Coefficient

Cash

Inventory

Qingdao Foods fundamental ratios Correlations

Qingdao Foods Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Qingdao Foods fundamental ratios Accounts

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Other Information on Investing in Qingdao Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Stockholder Equity
Net Tangible Assets	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets

Cash	- 1.0	Net Debt
Net Invested Capital	- 0.95	Property Plant And Equipment Net
Short Term Investments	- 0.93	Property Plant And Equipment Net
Retained Earnings	- 0.93	Property Plant And Equipment Net
Total Current Assets	- 0.92	Property Plant And Equipment Net
Common Stock Shares Outstanding	- 0.91	Property Plant And Equipment Net