Suzhou Other Assets vs Accounts Payable Analysis

002384 Stock   27.56  0.04  0.15%   
Suzhou Dongshan financial indicator trend analysis is much more than just breaking down Suzhou Dongshan Precision prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Suzhou Dongshan Precision is a good investment. Please check the relationship between Suzhou Dongshan Other Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Suzhou Dongshan Precision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Other Assets vs Accounts Payable

Other Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Suzhou Dongshan Precision Other Assets account and Accounts Payable. At this time, the significance of the direction appears to have very week relationship.
The correlation between Suzhou Dongshan's Other Assets and Accounts Payable is 0.28. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Suzhou Dongshan Precision, assuming nothing else is changed. The correlation between historical values of Suzhou Dongshan's Other Assets 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 Other Assets of Suzhou Dongshan Precision 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 Other Assets i.e., Suzhou Dongshan's Other Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Other Assets

Accounts Payable

An accounting item on the balance sheet that represents Suzhou Dongshan 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 Suzhou Dongshan Precision 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 Suzhou Dongshan's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Suzhou Dongshan Precision 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 Suzhou Dongshan Precision. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 18, 2024, Selling General Administrative is expected to decline to about 411.5 M. In addition to that, Tax Provision is expected to decline to about 192.5 M
 2021 2022 2023 2024 (projected)
Operating Income2.7B3.7B2.8B2.9B
Total Revenue31.8B31.6B33.7B35.3B

Suzhou Dongshan fundamental ratios Correlations

0.990.680.870.970.990.190.930.880.970.980.990.70.970.860.990.740.970.990.990.860.860.980.280.990.84
0.990.640.890.930.980.240.970.820.980.950.990.650.940.810.970.780.931.00.980.890.840.970.290.980.78
0.680.640.40.750.69-0.310.520.790.550.740.710.280.690.550.620.170.670.60.640.380.770.630.30.670.45
0.870.890.40.770.820.40.910.570.940.80.840.680.810.740.880.910.860.920.91.00.570.870.340.840.67
0.970.930.750.770.970.060.830.950.90.980.970.720.980.880.970.60.970.920.960.750.870.930.280.970.87
0.990.980.690.820.970.080.930.90.940.961.00.660.960.820.970.70.940.970.970.810.890.970.271.00.83
0.190.24-0.310.40.060.080.28-0.080.290.160.110.180.180.340.260.350.170.270.250.39-0.030.19-0.150.090.11
0.930.970.520.910.830.930.280.690.960.860.930.540.850.70.910.860.870.970.930.920.770.940.230.940.69
0.880.820.790.570.950.9-0.080.690.750.930.90.640.920.790.870.360.840.80.850.540.890.820.260.890.81
0.970.980.550.940.90.940.290.960.750.910.950.690.920.840.970.860.960.990.980.940.760.970.280.950.8
0.980.950.740.80.980.960.160.860.930.910.970.730.990.890.970.610.940.940.970.770.860.940.340.960.85
0.990.990.710.840.971.00.110.930.90.950.970.650.960.830.970.70.950.980.980.820.890.970.271.00.82
0.70.650.280.680.720.660.180.540.640.690.730.650.780.730.750.550.720.670.730.640.370.640.520.680.85
0.970.940.690.810.980.960.180.850.920.920.990.960.780.90.980.630.950.940.970.780.830.930.340.960.89
0.860.810.550.740.880.820.340.70.790.840.890.830.730.90.90.550.890.830.890.710.710.830.310.820.81
0.990.970.620.880.970.970.260.910.870.970.970.970.750.980.90.740.980.981.00.860.810.960.290.970.86
0.740.780.170.910.60.70.350.860.360.860.610.70.550.630.550.740.730.820.770.930.420.780.240.730.56
0.970.930.670.860.970.940.170.870.840.960.940.950.720.950.890.980.730.950.980.840.790.940.260.950.85
0.991.00.60.920.920.970.270.970.80.990.940.980.670.940.830.980.820.950.990.910.810.970.290.970.8
0.990.980.640.90.960.970.250.930.850.980.970.980.730.970.891.00.770.980.990.880.810.970.290.970.85
0.860.890.381.00.750.810.390.920.540.940.770.820.640.780.710.860.930.840.910.880.560.860.340.830.63
0.860.840.770.570.870.89-0.030.770.890.760.860.890.370.830.710.810.420.790.810.810.560.840.00.870.71
0.980.970.630.870.930.970.190.940.820.970.940.970.640.930.830.960.780.940.970.970.860.840.250.970.8
0.280.290.30.340.280.27-0.150.230.260.280.340.270.520.340.310.290.240.260.290.290.340.00.250.290.15
0.990.980.670.840.971.00.090.940.890.950.961.00.680.960.820.970.730.950.970.970.830.870.970.290.84
0.840.780.450.670.870.830.110.690.810.80.850.820.850.890.810.860.560.850.80.850.630.710.80.150.84
Click cells to compare fundamentals

Suzhou Dongshan Account Relationship Matchups

Suzhou Dongshan fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.7B37.5B38.0B40.5B44.4B46.6B
Short Long Term Debt Total12.7B12.3B12.7B13.8B15.1B15.9B
Other Current Liab25.0M865.5K2.4M1.1B1.2B1.3B
Total Current Liabilities18.4B19.4B18.9B18.1B17.8B9.0B
Total Stockholder Equity8.6B13.1B14.6B16.4B18.1B19.1B
Property Plant And Equipment Net11.5B11.8B12.2B13.4B16.4B17.2B
Current Deferred Revenue431.0M623.7M1.0B26.2M29.0M27.5M
Net Debt8.6B7.2B7.3B6.7B7.9B8.3B
Retained Earnings2.2B3.6B5.3B7.3B9.0B9.5B
Accounts Payable8.0B9.2B8.4B8.0B8.0B8.4B
Cash4.1B5.2B5.4B7.1B7.2B7.5B
Non Current Assets Total15.2B15.6B16.2B18.3B21.9B23.0B
Non Currrent Assets Other640.2M1.8B1.2B2.0B866.9M487.5M
Cash And Short Term Investments4.1B6.4B5.9B7.7B7.3B7.7B
Net Receivables7.0B8.7B8.7B7.9B8.4B8.8B
Liabilities And Stockholders Equity31.7B37.5B38.0B40.5B44.4B46.6B
Inventory4.6B6.0B6.5B6.2B6.3B6.6B
Other Current Assets807.0M790.4M646.1M504.6M391.2M317.5M
Other Stockholder Equity4.9B7.8B7.6B7.4B7.8B8.2B
Total Liab23.0B24.3B23.3B24.1B25.4B26.7B
Total Current Assets16.5B21.9B21.7B22.3B22.4B23.6B
Short Term Debt10.0B9.5B9.5B9.0B8.6B4.5B
Intangible Assets378.2M355.5M297.4M302.6M863.7M906.9M
Property Plant Equipment11.5B11.8B12.2B13.4B15.5B16.2B
Other Liab510.0M2.2B1.1B1.2B1.4B1.5B
Non Current Liabilities Total4.6B4.9B4.3B6.1B7.6B8.0B
Short Term Investments9.5M1.3B499.5M575.8M146.1M195.0M
Long Term Debt4.1B2.8B2.0B3.2B4.7B2.9B
Net Tangible Assets6.0B10.5B12.1B13.9B15.9B16.7B
Deferred Long Term Liab317.4M324.0M343.1M501.5M576.7M605.6M
Short Long Term Debt8.8B8.6B8.0B7.8B5.2B8.1B
Non Current Liabilities Other6.5M35.7M89.4M69.2M60.8M38.2M
Net Invested Capital20.2B24.4B24.7B27.4B28.0B25.1B
Net Working Capital(1.9B)2.5B2.8B4.2B4.6B4.8B

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Other Information on Investing in Suzhou Stock

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