Contemporary Net Receivables vs Accounts Payable Analysis
| 300750 Stock | 254.70 5.20 2.00% |
Contemporary Amperex financial indicator trend analysis is way more than just evaluating Contemporary Amperex prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Contemporary Amperex is a good investment. Please check the relationship between Contemporary Amperex Net Receivables and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Contemporary Amperex Technology. 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.
Net Receivables vs Accounts Payable
Net Receivables vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Contemporary Amperex Net Receivables account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Contemporary Amperex's Net Receivables and Accounts Payable is 0.98. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Contemporary Amperex Technology, assuming nothing else is changed. The correlation between historical values of Contemporary Amperex's Net Receivables 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 Net Receivables of Contemporary Amperex Technology 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 Net Receivables i.e., Contemporary Amperex's Net Receivables and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.98 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Net Receivables
Accounts Payable
An accounting item on the balance sheet that represents Contemporary Amperex 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 Contemporary Amperex 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 Contemporary Amperex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Contemporary Amperex 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 Contemporary Amperex Technology. 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 Tax Provision is expected to grow to about 7.5 B. The current year's Selling General Administrative is expected to grow to about 21.3 B
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 34.3B | 66.5B | 91.8B | 96.4B | Total Revenue | 130.4B | 328.6B | 400.9B | 421.0B |
Contemporary Amperex fundamental ratios Correlations
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Contemporary Amperex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Contemporary Amperex fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Other Liab | 6.2B | 10.8B | 26.3B | 48.4B | 55.6B | 58.4B | |
| Net Tangible Assets | 35.7B | 61.5B | 79.5B | 154.2B | 177.4B | 186.2B | |
| Retained Earnings | 14.8B | 19.8B | 35.3B | 64.5B | 103.2B | 108.4B | |
| Other Assets | 4.7B | 8.9B | 28.0B | 36.9B | 42.5B | 44.6B | |
| Other Stockholder Equity | 620.8M | 1.1B | 4.2B | 8.9B | 10.3B | 10.8B | |
| Deferred Long Term Liab | 394.1M | 363.6M | 1.3B | 2.3B | 2.6B | 2.8B | |
| Common Stock | 2.2B | 2.3B | 2.3B | 2.4B | 2.8B | 2.0B | |
| Property Plant Equipment | 19.4B | 25.4B | 73.0B | 125.3B | 144.1B | 151.3B | |
| Total Assets | 101.4B | 156.6B | 307.7B | 601.0B | 717.2B | 753.0B | |
| Other Current Liab | 12.6B | 12.0B | 18.6B | 40.2B | 2.1B | 2.0B | |
| Total Current Liabilities | 45.6B | 55.0B | 149.3B | 295.8B | 287.0B | 301.4B | |
| Total Stockholder Equity | 38.1B | 64.2B | 84.5B | 164.5B | 197.7B | 207.6B | |
| Accounts Payable | 28.1B | 31.3B | 107.2B | 220.8B | 194.6B | 204.3B | |
| Cash | 32.3B | 68.4B | 89.1B | 191.0B | 264.3B | 277.5B | |
| Non Current Assets Total | 29.7B | 43.8B | 129.9B | 213.2B | 267.4B | 280.7B | |
| Non Currrent Assets Other | 2.2B | 5.0B | 20.6B | 25.1B | 21.1B | 22.2B | |
| Long Term Debt | 7.4B | 20.5B | 38.0B | 78.3B | 102.7B | 107.8B | |
| Net Receivables | 22.6B | 11.3B | 35.1B | 58.0B | 64.0B | 67.2B | |
| Non Current Liabilities Total | 13.6B | 32.4B | 65.7B | 128.3B | 210.3B | 220.8B | |
| Inventory | 11.5B | 13.2B | 40.2B | 76.7B | 45.4B | 27.3B | |
| Other Current Assets | 3.6B | 3.3B | 12.0B | 28.3B | 8.3B | 8.2B | |
| Total Liab | 59.2B | 87.4B | 215.0B | 424.0B | 497.3B | 522.1B | |
| Short Long Term Debt | 2.1B | 6.3B | 12.1B | 14.4B | 15.2B | 15.9B | |
| Total Current Assets | 71.7B | 112.9B | 177.7B | 387.7B | 449.8B | 472.3B | |
| Non Current Liabilities Other | 5.3B | 6.8B | 13.2B | 26.6B | 83.0B | 87.1B | |
| Intangible Assets | 2.3B | 2.5B | 4.5B | 9.5B | 15.7B | 16.5B | |
| Common Stock Shares Outstanding | 2.2B | 2.3B | 2.3B | 2.4B | 4.4B | 2.8B | |
| Net Invested Capital | 46.7B | 91.0B | 134.6B | 257.2B | 315.6B | 331.4B | |
| Net Working Capital | 26.1B | 57.9B | 28.4B | 92.0B | 162.8B | 170.9B | |
| Capital Stock | 2.2B | 2.3B | 2.3B | 2.4B | 4.4B | 2.9B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Contemporary Stock
Balance Sheet is a snapshot of the financial position of Contemporary Amperex at a specified time, usually calculated after every quarter, six months, or one year. Contemporary Amperex Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Contemporary Amperex 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 Contemporary currently owns. An asset can also be divided into two categories, current and non-current.