SIASUN Accounts Payable vs Net Receivables Analysis

300024 Stock   20.03  0.97  4.62%   
SIASUN Robot financial indicator trend analysis is much more than just breaking down SIASUN Robot Automation prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SIASUN Robot Automation is a good investment. Please check the relationship between SIASUN Robot Accounts Payable and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SIASUN Robot Automation. 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.

Accounts Payable vs Net Receivables

Accounts Payable vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SIASUN Robot Automation Accounts Payable account and Net Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SIASUN Robot's Accounts Payable and Net Receivables is 0.5. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Receivables in the same time period over historical financial statements of SIASUN Robot Automation, assuming nothing else is changed. The correlation between historical values of SIASUN Robot's Accounts Payable and Net Receivables 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 SIASUN Robot Automation are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Accounts Payable i.e., SIASUN Robot's Accounts Payable and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents SIASUN Robot 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 SIASUN Robot Automation 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.

Net Receivables

Most indicators from SIASUN Robot's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SIASUN Robot Automation 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 SIASUN Robot Automation. 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.
The current year's Selling General Administrative is expected to grow to about 144.8 M, whereas Tax Provision is forecasted to decline to about 13.8 M.
 2021 2022 2023 2024 (projected)
Gross Profit249.7M308.2M550.7M479.7M
Research Development307.3M349.3M197.7M216.4M

SIASUN Robot fundamental ratios Correlations

0.580.780.810.830.180.740.760.770.770.840.90.580.790.860.880.980.77-0.380.760.930.820.830.840.83-0.72
0.580.590.180.43-0.30.460.370.680.550.130.50.440.60.650.350.520.47-0.560.730.50.450.560.440.66-0.27
0.780.590.380.92-0.360.980.480.950.990.490.930.161.00.930.790.730.9-0.760.820.80.720.960.90.96-0.71
0.810.180.380.590.650.370.770.380.390.90.670.690.40.550.80.810.460.150.410.730.70.440.590.43-0.57
0.830.430.920.59-0.120.940.570.860.930.660.950.240.930.90.920.820.83-0.610.710.820.710.860.870.87-0.7
0.18-0.3-0.360.65-0.12-0.360.27-0.33-0.360.570.010.58-0.34-0.120.190.23-0.110.82-0.190.150.3-0.220.01-0.25-0.21
0.740.460.980.370.94-0.360.450.890.980.50.910.050.980.890.790.70.88-0.750.730.770.680.940.880.92-0.71
0.760.370.480.770.570.270.450.440.490.640.60.50.490.540.60.690.46-0.190.380.540.50.50.480.46-0.47
0.770.680.950.380.86-0.330.890.440.940.420.890.230.950.950.760.740.87-0.730.950.80.70.880.870.96-0.6
0.770.550.990.390.93-0.360.980.490.940.480.920.160.990.910.810.730.87-0.770.810.780.680.930.880.93-0.65
0.840.130.490.90.660.570.50.640.420.480.750.620.50.590.810.860.620.070.40.830.810.620.730.55-0.8
0.90.50.930.670.950.010.910.60.890.920.750.390.930.950.940.880.92-0.490.810.920.880.930.960.93-0.82
0.580.440.160.690.240.580.050.50.230.160.620.390.180.30.480.580.260.270.320.550.610.270.390.24-0.37
0.790.61.00.40.93-0.340.980.490.950.990.50.930.180.930.80.750.9-0.760.820.810.720.960.90.96-0.7
0.860.650.930.550.9-0.120.890.540.950.910.590.950.30.930.840.830.9-0.590.920.870.810.890.90.96-0.73
0.880.350.790.80.920.190.790.60.760.810.810.940.480.80.840.870.77-0.310.690.90.820.780.880.77-0.72
0.980.520.730.810.820.230.70.690.740.730.860.880.580.750.830.870.73-0.340.740.920.790.780.810.79-0.69
0.770.470.90.460.83-0.110.880.460.870.870.620.920.260.90.90.770.73-0.510.80.850.840.940.940.92-0.89
-0.38-0.56-0.760.15-0.610.82-0.75-0.19-0.73-0.770.07-0.490.27-0.76-0.59-0.31-0.34-0.51-0.59-0.34-0.14-0.64-0.43-0.690.18
0.760.730.820.410.71-0.190.730.380.950.810.40.810.320.820.920.690.740.8-0.590.790.70.780.80.9-0.53
0.930.50.80.730.820.150.770.540.80.780.830.920.550.810.870.90.920.85-0.340.790.920.880.930.87-0.82
0.820.450.720.70.710.30.680.50.70.680.810.880.610.720.810.820.790.84-0.140.70.920.820.930.8-0.89
0.830.560.960.440.86-0.220.940.50.880.930.620.930.270.960.890.780.780.94-0.640.780.880.820.940.96-0.83
0.840.440.90.590.870.010.880.480.870.880.730.960.390.90.90.880.810.94-0.430.80.930.930.940.92-0.87
0.830.660.960.430.87-0.250.920.460.960.930.550.930.240.960.960.770.790.92-0.690.90.870.80.960.92-0.75
-0.72-0.27-0.71-0.57-0.7-0.21-0.71-0.47-0.6-0.65-0.8-0.82-0.37-0.7-0.73-0.72-0.69-0.890.18-0.53-0.82-0.89-0.83-0.87-0.75
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SIASUN Robot Account Relationship Matchups

SIASUN Robot fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.9B10.8B11.1B12.0B11.9B6.1B
Other Current Liab215.3M2.3B2.5B2.6B78.1M74.2M
Total Current Liabilities2.7B4.7B5.4B6.3B6.0B6.3B
Total Stockholder Equity6.5B4.8B4.2B4.2B4.4B3.4B
Other Liab273.8M276.3M360.6M336.5M387.0M406.4M
Retained Earnings2.4B698.1M131.1M120.0M(25.0M)(23.8M)
Accounts Payable1.1B1.4B1.7B2.2B2.4B2.6B
Cash1.6B1.5B1.9B2.3B1.7B1.2B
Other Assets186.2M545.4M506.4M369.4M424.8M446.1M
Long Term Debt369.7M903.7M985.0M1.0B1.2B1.2B
Net Receivables1.7B775.8M1.0B1.1B1.4B794.9M
Inventory3.1B3.4B3.3B3.6B3.6B3.8B
Other Current Assets195.1M271.4M316.8M260.4M16.2M15.4M
Total Liab3.4B5.9B6.8B7.7B7.4B7.8B
Intangible Assets678.7M912.3M828.4M752.9M718.0M753.9M
Property Plant Equipment1.6B1.6B1.7B1.6B1.8B940.3M
Net Tangible Assets5.9B4.2B3.5B3.6B3.3B3.9B
Deferred Long Term Liab132.1M364.2M238.0M166.0M190.9M156.4M
Short Long Term Debt1.1B838.7M783.1M917.2M612.6M773.6M
Total Current Assets6.8B7.0B7.4B8.2B8.0B7.4B
Non Current Assets Total3.1B3.7B3.7B3.8B3.8B3.5B
Non Currrent Assets Other8.2M31.3M50.4M49.8M38.3M36.8M
Short Term Investments80.2M742.2M501.2M353.2M404.5M410.1M
Non Current Liabilities Total643.4M1.2B1.4B1.4B1.4B1.1B
Other Stockholder Equity(27.8M)3.8M(53.0M)19.3M22.2M23.3M
Net Invested Capital8.0B6.5B5.9B6.2B6.1B5.4B
Net Working Capital4.1B2.3B1.9B1.9B2.0B2.4B

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Other Information on Investing in SIASUN Stock

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