Digiwin Total Liab vs Accounts Payable Analysis

300378 Stock   27.17  0.88  3.35%   
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 Total Liab 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.

Total Liab vs Accounts Payable

Total Liab vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Digiwin Software Total Liab account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Digiwin Software's Total Liab and Accounts Payable is 0.6. Overlapping area represents the amount of variation of Total Liab 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 Total Liab 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 Total Liab 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 Total Liab i.e., Digiwin Software's Total Liab and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.6
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

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.
The current year's Selling General Administrative is expected to grow to about 751 M, whereas Tax Provision is forecasted to decline to about 47.4 M.
 2021 2022 2023 2024 (projected)
Income Before Tax158.9M197.6M228.4M134.4M
Cost Of Revenue602.5M691.8M848.6M891.1M

Digiwin Software fundamental ratios Correlations

-0.150.920.980.950.670.78-0.38-0.390.150.660.510.930.510.930.930.650.440.870.60.710.840.860.870.620.66
-0.15-0.12-0.15-0.05-0.59-0.050.13-0.15-0.38-0.44-0.82-0.12-0.81-0.13-0.060.120.35-0.23-0.17-0.1-0.25-0.21-0.45-0.5-0.27
0.92-0.120.840.810.570.63-0.31-0.350.020.520.430.990.420.890.950.580.560.740.610.560.850.770.820.520.51
0.98-0.150.840.970.660.8-0.38-0.440.210.650.490.840.490.920.880.640.40.850.570.730.780.820.820.620.67
0.95-0.050.810.970.690.8-0.22-0.450.220.710.480.820.480.820.830.730.310.910.560.810.810.880.840.650.74
0.67-0.590.570.660.690.57-0.12-0.070.330.960.930.60.940.50.520.48-0.160.830.430.610.760.830.870.830.88
0.78-0.050.630.80.80.57-0.32-0.30.310.60.360.650.350.590.560.310.00.730.330.50.670.820.630.380.66
-0.380.13-0.31-0.38-0.22-0.12-0.32-0.180.34-0.22-0.13-0.34-0.12-0.49-0.41-0.18-0.32-0.24-0.23-0.2-0.28-0.23-0.26-0.2-0.17
-0.39-0.15-0.35-0.44-0.45-0.07-0.3-0.18-0.350.040.02-0.270.04-0.39-0.34-0.15-0.31-0.19-0.15-0.17-0.15-0.16-0.17-0.04-0.03
0.15-0.380.020.210.220.330.310.34-0.350.210.380.010.380.01-0.07-0.14-0.420.190.03-0.02-0.010.210.18-0.030.32
0.66-0.440.520.650.710.960.6-0.220.040.210.840.580.840.460.50.58-0.180.870.390.680.760.870.840.820.95
0.51-0.820.430.490.480.930.36-0.130.020.380.840.450.990.380.370.35-0.240.660.440.510.640.640.790.790.72
0.93-0.120.990.840.820.60.65-0.34-0.270.010.580.450.440.870.950.610.510.780.610.590.870.820.850.540.57
0.51-0.810.420.490.480.940.35-0.120.040.380.840.990.440.390.370.31-0.250.650.380.470.60.640.770.780.72
0.93-0.130.890.920.820.50.59-0.49-0.390.010.460.380.870.390.960.580.670.670.590.570.70.640.720.50.46
0.93-0.060.950.880.830.520.56-0.41-0.34-0.070.50.370.950.370.960.670.680.730.630.620.780.710.770.520.5
0.650.120.580.640.730.480.31-0.18-0.15-0.140.580.350.610.310.580.670.430.750.680.90.70.620.680.640.59
0.440.350.560.40.31-0.160.0-0.32-0.31-0.42-0.18-0.240.51-0.250.670.680.430.070.420.20.280.020.150.04-0.16
0.87-0.230.740.850.910.830.73-0.24-0.190.190.870.660.780.650.670.730.750.070.530.850.830.960.930.750.86
0.6-0.170.610.570.560.430.33-0.23-0.150.030.390.440.610.380.590.630.680.420.530.710.710.50.60.430.4
0.71-0.10.560.730.810.610.5-0.2-0.17-0.020.680.510.590.470.570.620.90.20.850.710.760.730.780.760.65
0.84-0.250.850.780.810.760.67-0.28-0.15-0.010.760.640.870.60.70.780.70.280.830.710.760.860.90.780.71
0.86-0.210.770.820.880.830.82-0.23-0.160.210.870.640.820.640.640.710.620.020.960.50.730.860.90.670.88
0.87-0.450.820.820.840.870.63-0.26-0.170.180.840.790.850.770.720.770.680.150.930.60.780.90.90.830.76
0.62-0.50.520.620.650.830.38-0.2-0.04-0.030.820.790.540.780.50.520.640.040.750.430.760.780.670.830.66
0.66-0.270.510.670.740.880.66-0.17-0.030.320.950.720.570.720.460.50.59-0.160.860.40.650.710.880.760.66
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Digiwin Software Account Relationship Matchups

Digiwin Software fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.3B2.3B2.6B2.8B3.3B2.0B
Other Current Liab208.0M258.2M311.5M332.4M14.8M14.1M
Total Current Liabilities851.3M789.5M891.2M847.8M1.0B698.2M
Total Stockholder Equity1.4B1.5B1.7B1.8B2.1B1.3B
Retained Earnings519.2M626.3M712.1M819.2M854.5M478.0M
Accounts Payable82.8M100.2M126.7M152.7M230.2M241.7M
Cash515.6M520.2M825.1M1.1B873.0M629.5M
Other Assets79.0M61.6M66.5M84.5M76.1M102.4M
Net Receivables287.5M123.2M352.2M263.8M446.9M330.8M
Inventory10.8M26.6M44.7M48.4M65.6M68.9M
Other Current Assets41.7M22.8M29.7M26.0M154.3M162.0M
Total Liab858.9M797.4M960.9M911.7M1.1B727.2M
Intangible Assets125.7M117.0M116.9M138.3M332.5M349.1M
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 Investments375M353.4M255M125M20M19M
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 Assets1.2B1.2B1.6B1.8B1.8B1.5B
Non Current Assets Total1.1B1.1B1.1B1.1B1.4B1.2B
Non Currrent Assets Other30.1M114.4M38.1M42.3M111.6M117.2M
Non Current Liabilities Total7.5M7.9M69.7M63.9M68.9M72.4M
Short Long Term Debt296.7M160.4M92.3M0.023.0M21.9M
Common Stock Shares Outstanding266.0M266.3M266.4M267.0M269.3M293.0M
Net Invested Capital1.7B1.7B1.8B1.8B2.1B2.0B
Net Working Capital365.0M451.8M659.3M910.7M823.2M597.8M
Capital Stock266.0M266.3M266.4M267.0M269.3M293.3M

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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.