Digiwin Other Assets vs Accounts Payable Analysis

300378 Stock   34.06  2.70  7.34%   
Digiwin Software financial indicator trend analysis is much more than just examining Digiwin Software latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Digiwin Software is a good investment. Please check the relationship between Digiwin Software Other Assets and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Digiwin Software 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 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 Digiwin Software Other Assets account and Accounts Payable. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Digiwin Software's Other Assets and Accounts Payable is -0.13. 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 Digiwin Software Co, assuming nothing else is changed. The correlation between historical values of Digiwin Software'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 Digiwin Software Co 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., Digiwin Software's Other Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Accounts Payable

An accounting item on the balance sheet that represents Digiwin Software 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 Digiwin Software 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 Digiwin Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Digiwin Software 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 Digiwin Software 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 nation.
As of March 1, 2025, Selling General Administrative is expected to decline to about 138 M. In addition to that, Tax Provision is expected to decline to about 47.4 M
 2022 2023 2024 2025 (projected)
Income Before Tax197.6M228.4M262.7M134.4M
Cost Of Revenue691.8M848.6M975.9M1.0B

Digiwin Software fundamental ratios Correlations

-0.370.940.990.860.720.82-0.35-0.380.140.720.630.940.620.890.90.660.250.910.590.760.830.90.90.690.72
-0.37-0.3-0.36-0.47-0.71-0.230.14-0.09-0.46-0.6-0.86-0.32-0.85-0.2-0.160.010.4-0.36-0.22-0.23-0.33-0.44-0.61-0.63-0.45
0.94-0.30.870.760.630.69-0.31-0.350.020.60.540.990.530.890.950.610.40.80.610.630.860.820.840.60.58
0.99-0.360.870.870.710.84-0.36-0.420.180.710.610.880.610.880.860.650.230.90.560.770.780.870.870.690.72
0.86-0.470.760.870.910.75-0.21-0.270.070.90.80.770.80.720.720.650.040.890.580.770.870.870.850.860.89
0.72-0.710.630.710.910.62-0.13-0.070.20.970.960.660.960.50.520.48-0.260.820.430.630.740.850.870.880.91
0.82-0.230.690.840.750.62-0.32-0.320.230.650.480.710.470.620.60.37-0.090.80.360.570.70.840.70.480.7
-0.350.14-0.31-0.36-0.21-0.13-0.32-0.170.34-0.22-0.14-0.33-0.13-0.49-0.41-0.19-0.3-0.25-0.23-0.21-0.29-0.23-0.24-0.2-0.17
-0.38-0.09-0.35-0.42-0.27-0.07-0.32-0.17-0.340.01-0.01-0.280.01-0.4-0.35-0.16-0.28-0.21-0.16-0.19-0.16-0.19-0.19-0.05-0.05
0.14-0.460.020.180.070.20.230.34-0.340.050.290.00.3-0.06-0.14-0.3-0.470.07-0.01-0.04-0.170.160.2-0.020.05
0.72-0.60.60.710.90.970.65-0.220.010.050.90.650.90.480.520.57-0.270.870.410.70.760.880.860.880.96
0.63-0.860.540.610.80.960.48-0.14-0.010.290.90.570.990.410.410.38-0.320.710.440.560.640.740.840.860.8
0.94-0.320.990.880.770.660.71-0.33-0.280.00.650.570.550.870.940.640.350.840.610.660.870.860.870.620.64
0.62-0.850.530.610.80.960.47-0.130.010.30.90.990.550.410.40.35-0.320.70.390.530.610.730.820.850.8
0.89-0.20.890.880.720.50.62-0.49-0.4-0.060.480.410.870.410.970.590.60.680.60.590.710.640.670.520.48
0.9-0.160.950.860.720.520.6-0.41-0.35-0.140.520.410.940.40.970.680.60.740.640.640.790.710.720.530.52
0.660.010.610.650.650.480.37-0.19-0.16-0.30.570.380.640.350.590.680.380.750.690.90.710.620.650.630.59
0.250.40.40.230.04-0.26-0.09-0.3-0.28-0.47-0.27-0.320.35-0.320.60.60.38-0.010.370.120.21-0.11-0.04-0.08-0.24
0.91-0.360.80.90.890.820.8-0.25-0.210.070.870.710.840.70.680.740.75-0.010.550.870.840.980.930.790.87
0.59-0.220.610.560.580.430.36-0.23-0.16-0.010.410.440.610.390.60.640.690.370.550.720.720.50.550.450.42
0.76-0.230.630.770.770.630.57-0.21-0.19-0.040.70.560.660.530.590.640.90.120.870.720.780.770.780.760.68
0.83-0.330.860.780.870.740.7-0.29-0.16-0.170.760.640.870.610.710.790.710.210.840.720.780.820.820.780.73
0.9-0.440.820.870.870.850.84-0.23-0.190.160.880.740.860.730.640.710.62-0.110.980.50.770.820.940.740.88
0.9-0.610.840.870.850.870.7-0.24-0.190.20.860.840.870.820.670.720.65-0.040.930.550.780.820.940.850.79
0.69-0.630.60.690.860.880.48-0.2-0.05-0.020.880.860.620.850.520.530.63-0.080.790.450.760.780.740.850.75
0.72-0.450.580.720.890.910.7-0.17-0.050.050.960.80.640.80.480.520.59-0.240.870.420.680.730.880.790.75
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Digiwin Software Account Relationship Matchups

Digiwin Software fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.3B2.6B2.8B3.3B3.8B2.0B
Other Current Liab258.2M311.5M332.4M14.8M13.4M12.7M
Total Current Liabilities789.5M891.2M847.8M1.0B1.2B698.2M
Total Stockholder Equity1.5B1.7B1.8B2.1B2.4B1.3B
Retained Earnings626.3M712.1M819.2M854.5M982.7M1.0B
Accounts Payable100.2M126.7M152.7M230.2M264.7M277.9M
Cash520.2M825.1M1.1B873.0M1.0B629.5M
Other Assets79.0M61.6M66.5M84.5M76.1M102.4M
Net Receivables123.2M151.7M263.8M446.9M402.2M229.1M
Inventory26.6M44.7M48.4M65.6M75.5M79.2M
Other Current Assets22.8M29.7M26.0M154.3M177.4M186.3M
Total Liab797.4M960.9M911.7M1.1B1.2B727.2M
Intangible Assets117.0M116.9M138.3M332.5M382.4M401.5M
Common Stock266.0M266.3M266.4M267.0M307.1M217.6M
Property Plant Equipment787.8M754.2M827.8M786.2M904.1M520.6M
Other Liab432.9K7.5M7.9M6.0M6.9M4.2M
Short Term Investments353.4M255M125M20M23M21.9M
Net Tangible Assets1.3B1.4B1.6B1.7B2.0B1.4B
Other Stockholder Equity77.8M2.3M7.5M17.5M20.1M21.1M
Deferred Long Term Liab9.1M9.6M6.9M9.0M10.4M6.1M
Total Current Assets1.2B1.6B1.8B1.8B2.1B1.5B
Non Current Assets Total1.1B1.1B1.1B1.4B1.7B1.2B
Non Currrent Assets Other114.4M38.1M42.3M111.6M128.4M134.8M
Non Current Liabilities Total7.9M69.7M63.9M68.9M79.3M83.2M
Short Long Term Debt160.4M92.3M0.023.0M20.7M19.7M
Common Stock Shares Outstanding266.3M266.4M267.0M269.3M309.7M293.0M
Net Invested Capital1.7B1.8B1.8B2.1B2.4B2.0B
Net Working Capital451.8M659.3M910.7M823.2M946.7M597.8M
Capital Stock266.3M266.4M267.0M269.3M309.7M293.3M
Property Plant And Equipment Net754.2M827.8M786.2M807.8M929.0M872.0M
Property Plant And Equipment Gross954.2M1.1B786.2M1.2B1.3B1.1B

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Other Information on Investing in Digiwin Stock

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