Bosera Accounts Payable vs Total Current Liabilities Analysis
| 180101 Stock | 2.01 0.02 1.01% |
Bosera CMSK financial indicator trend analysis is way more than just evaluating Bosera CMSK Industrial prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bosera CMSK Industrial is a good investment. Please check the relationship between Bosera CMSK Accounts Payable and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bosera CMSK Industrial. 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 Total Current Liabilities
Accounts Payable vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bosera CMSK Industrial Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Bosera CMSK's Accounts Payable and Total Current Liabilities is 1.0. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Bosera CMSK Industrial, assuming nothing else is changed. The correlation between historical values of Bosera CMSK's Accounts Payable and Total Current Liabilities 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 Bosera CMSK Industrial are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Bosera CMSK's Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 1.0 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Bosera CMSK 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 Bosera CMSK Industrial 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.Total Current Liabilities
Total Current Liabilities is an item on Bosera CMSK balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Bosera CMSK Industrial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Bosera CMSK's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bosera CMSK Industrial 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 Bosera CMSK Industrial. 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.
| 2019 | 2020 | 2023 | 2024 (projected) | EBIT | 20.8B | 22.8B | 20.5B | 17.9B | Other Operating Expenses | 9.1B | 8.9B | 10.2B | 9.6B |
Bosera CMSK fundamental ratios Correlations
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Bosera CMSK Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Balance Sheet is a snapshot of the financial position of Bosera CMSK Industrial at a specified time, usually calculated after every quarter, six months, or one year. Bosera CMSK Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Bosera CMSK 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 Bosera currently owns. An asset can also be divided into two categories, current and non-current.