Winner Cash vs Net Receivables Analysis

300888 Stock

40.38 3.18 8.55%

Winner Medical financial indicator trend analysis is more than just analyzing Winner Medical current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winner Medical is a good investment. Please check the relationship between Winner Medical Cash and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Winner Medical 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.

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Winner Medical Cash account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Winner Medical's Cash and Net Receivables is 0.77. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Winner Medical Co, assuming nothing else is changed. The correlation between historical values of Winner Medical's Cash 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 Cash of Winner Medical Co 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 Cash i.e., Winner Medical's Cash and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

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Cash

Cash refers to the most liquid asset of Winner Medical, which is listed under current asset account on Winner Medical Co balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Winner Medical customers. The amounts must be unrestricted with restricted cash listed in a different Winner Medical account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Net Receivables

Most indicators from Winner Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winner Medical 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 Winner Medical 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 Tax Provision is expected to grow to about 222.6 M, whereas Selling General Administrative is forecasted to decline to about 1.6 B.

	2021	2022	2023	2024 (projected)
Gross Profit	4.0B	5.4B	4.0B	3.9B
Total Revenue	8.0B	11.4B	8.2B	7.5B

Gross Profit Total Revenue

Winner Medical fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Non Current Liabilities Other	Intangible Assets	Common Stock	Property Plant Equipment	Common Stock Shares Outstanding
Total Assets		0.69	0.94	0.99	0.86	0.97	1.0	0.89	0.98	0.9	0.8	0.94	0.78	0.84	0.94	0.91	0.05	0.95	0.74	0.84	0.98	0.82	0.82	0.92	0.83	0.8
Other Current Liab	0.69		0.64	0.71	0.34	0.69	0.71	0.41	0.7	0.44	0.44	0.57	0.61	0.28	0.65	0.47	-0.31	0.62	0.45	0.59	0.75	0.48	0.32	0.39	0.27	0.14
Total Current Liabilities	0.94	0.64		0.89	0.87	0.84	0.92	0.92	0.88	0.96	0.73	0.88	0.67	0.81	0.86	0.95	0.31	1.0	0.65	0.81	0.89	0.74	0.89	0.84	0.85	0.75
Total Stockholder Equity	0.99	0.71	0.89		0.82	0.99	1.0	0.85	1.0	0.84	0.8	0.94	0.81	0.81	0.94	0.86	-0.08	0.9	0.75	0.82	1.0	0.82	0.76	0.92	0.78	0.78
Other Liab	0.86	0.34	0.87	0.82		0.78	0.84	0.86	0.82	0.89	0.68	0.8	0.62	0.96	0.78	0.87	0.41	0.88	0.61	0.7	0.8	0.76	0.98	0.9	0.98	0.87
Net Tangible Assets	0.97	0.69	0.84	0.99	0.78		0.98	0.83	0.99	0.8	0.8	0.93	0.81	0.78	0.93	0.83	-0.16	0.86	0.76	0.8	0.99	0.82	0.7	0.92	0.74	0.79
Retained Earnings	1.0	0.71	0.92	1.0	0.84	0.98		0.87	0.99	0.87	0.8	0.95	0.82	0.83	0.95	0.89	-0.03	0.93	0.77	0.85	0.99	0.83	0.78	0.91	0.8	0.77
Accounts Payable	0.89	0.41	0.92	0.85	0.86	0.83	0.87		0.83	0.94	0.82	0.94	0.72	0.84	0.88	0.98	0.28	0.93	0.78	0.74	0.82	0.83	0.86	0.9	0.89	0.87
Cash	0.98	0.7	0.88	1.0	0.82	0.99	0.99	0.83		0.83	0.79	0.91	0.77	0.8	0.92	0.83	-0.1	0.89	0.7	0.82	0.99	0.78	0.74	0.92	0.76	0.79
Non Current Assets Total	0.9	0.44	0.96	0.84	0.89	0.8	0.87	0.94	0.83		0.73	0.88	0.62	0.86	0.82	0.97	0.4	0.97	0.66	0.82	0.82	0.73	0.91	0.88	0.89	0.85
Non Currrent Assets Other	0.8	0.44	0.73	0.8	0.68	0.8	0.8	0.82	0.79	0.73		0.89	0.67	0.72	0.87	0.75	-0.14	0.75	0.76	0.8	0.78	0.73	0.64	0.77	0.73	0.68
Other Assets	0.94	0.57	0.88	0.94	0.8	0.93	0.95	0.94	0.91	0.88	0.89		0.86	0.83	0.98	0.93	-0.01	0.9	0.9	0.83	0.92	0.91	0.76	0.9	0.83	0.8
Net Receivables	0.78	0.61	0.67	0.81	0.62	0.81	0.82	0.72	0.77	0.62	0.67	0.86		0.71	0.92	0.74	-0.2	0.68	0.94	0.71	0.81	0.9	0.55	0.68	0.64	0.52
Non Current Liabilities Total	0.84	0.28	0.81	0.81	0.96	0.78	0.83	0.84	0.8	0.86	0.72	0.83	0.71		0.83	0.86	0.31	0.83	0.7	0.79	0.78	0.79	0.93	0.89	0.97	0.85
Inventory	0.94	0.65	0.86	0.94	0.78	0.93	0.95	0.88	0.92	0.82	0.87	0.98	0.92	0.83		0.88	-0.08	0.87	0.91	0.85	0.93	0.91	0.74	0.85	0.8	0.71
Other Current Assets	0.91	0.47	0.95	0.86	0.87	0.83	0.89	0.98	0.83	0.97	0.75	0.93	0.74	0.86	0.88		0.33	0.96	0.79	0.77	0.84	0.84	0.88	0.88	0.89	0.84
Other Stockholder Equity	0.05	-0.31	0.31	-0.08	0.41	-0.16	-0.03	0.28	-0.1	0.4	-0.14	-0.01	-0.2	0.31	-0.08	0.33		0.3	-0.12	-0.01	-0.1	0.03	0.55	0.13	0.44	0.27
Total Liab	0.95	0.62	1.0	0.9	0.88	0.86	0.93	0.93	0.89	0.97	0.75	0.9	0.68	0.83	0.87	0.96	0.3		0.67	0.83	0.89	0.75	0.89	0.86	0.87	0.77
Deferred Long Term Liab	0.74	0.45	0.65	0.75	0.61	0.76	0.77	0.78	0.7	0.66	0.76	0.9	0.94	0.7	0.91	0.79	-0.12	0.67		0.66	0.73	0.95	0.56	0.71	0.68	0.6
Short Long Term Debt	0.84	0.59	0.81	0.82	0.7	0.8	0.85	0.74	0.82	0.82	0.8	0.83	0.71	0.79	0.85	0.77	-0.01	0.83	0.66		0.81	0.62	0.69	0.71	0.72	0.58
Total Current Assets	0.98	0.75	0.89	1.0	0.8	0.99	0.99	0.82	0.99	0.82	0.78	0.92	0.81	0.78	0.93	0.84	-0.1	0.89	0.73	0.81		0.81	0.74	0.89	0.76	0.74
Non Current Liabilities Other	0.82	0.48	0.74	0.82	0.76	0.82	0.83	0.83	0.78	0.73	0.73	0.91	0.9	0.79	0.91	0.84	0.03	0.75	0.95	0.62	0.81		0.71	0.81	0.8	0.7
Intangible Assets	0.82	0.32	0.89	0.76	0.98	0.7	0.78	0.86	0.74	0.91	0.64	0.76	0.55	0.93	0.74	0.88	0.55	0.89	0.56	0.69	0.74	0.71		0.83	0.98	0.81
Common Stock	0.92	0.39	0.84	0.92	0.9	0.92	0.91	0.9	0.92	0.88	0.77	0.9	0.68	0.89	0.85	0.88	0.13	0.86	0.71	0.71	0.89	0.81	0.83		0.88	0.96
Property Plant Equipment	0.83	0.27	0.85	0.78	0.98	0.74	0.8	0.89	0.76	0.89	0.73	0.83	0.64	0.97	0.8	0.89	0.44	0.87	0.68	0.72	0.76	0.8	0.98	0.88		0.85
Common Stock Shares Outstanding	0.8	0.14	0.75	0.78	0.87	0.79	0.77	0.87	0.79	0.85	0.68	0.8	0.52	0.85	0.71	0.84	0.27	0.77	0.6	0.58	0.74	0.7	0.81	0.96	0.85

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Winner Medical Account Relationship Matchups

Winner Medical fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	4.5B	13.0B	13.3B	18.2B	17.1B	10.4B
Other Current Liab	205.5M	1.3B	816.2M	1.5B	19.7M	18.7M
Total Current Liabilities	1.2B	2.4B	2.1B	5.5B	4.3B	2.6B
Total Stockholder Equity	3.2B	10.5B	10.7B	11.7B	11.5B	7.4B
Other Liab	46.7M	107.1M	123.0M	241.0M	277.2M	291.1M
Net Tangible Assets	3.0B	10.2B	10.4B	9.6B	11.1B	6.2B
Retained Earnings	1.8B	5.5B	6.0B	7.2B	6.6B	4.1B
Accounts Payable	735.8M	756.0M	770.7M	1.1B	1.4B	904.7M
Cash	480.8M	4.2B	4.3B	4.5B	4.7B	2.7B
Non Current Assets Total	1.9B	2.0B	2.9B	6.1B	6.6B	3.3B
Non Currrent Assets Other	19.0M	63.8M	115.6M	83.5M	104.9M	77.1M
Other Assets	253.8M	328.3M	413.1M	422.0M	485.3M	309.5M
Net Receivables	1.0B	844.3M	1.1B	932.6M	768.6M	827.7M
Non Current Liabilities Total	180.9M	107.1M	504.8M	567.5M	730.7M	767.2M
Inventory	992.4M	1.2B	1.6B	1.6B	1.4B	1.2B
Other Current Assets	180.6M	159.2M	179.1M	348.3M	383.2M	213.7M
Other Stockholder Equity	44.6K	(1.1M)	(1.6M)	782.8K	704.5K	739.7K
Total Liab	1.4B	2.5B	2.6B	6.1B	5.0B	2.9B
Deferred Long Term Liab	165.5M	121.3M	174.8M	132.7M	152.6M	133.6M
Short Long Term Debt	294.6M	120M	150.1M	2.3B	1.5B	755.6M
Total Current Assets	2.7B	11.0B	10.3B	12.1B	10.6B	7.1B
Intangible Assets	131.7M	208.3M	265.7M	1.0B	995.2M	1.0B
Property Plant Equipment	1.5B	1.5B	2.2B	3.6B	4.1B	4.3B
Net Invested Capital	3.4B	10.6B	10.7B	14.0B	13.2B	9.0B
Net Working Capital	1.5B	8.6B	8.3B	6.6B	6.3B	5.1B

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Other Information on Investing in Winner Stock

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

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Winner Cash vs Net Receivables Analysis

Cash vs Net Receivables

Cash vs Net Receivables Correlation Analysis

Correlation Coefficient

Cash

Net Receivables

Winner Medical fundamental ratios Correlations

Winner Medical Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Winner Medical fundamental ratios Accounts

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Other Information on Investing in Winner Stock

COMMON DESTINATIONS

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COMPANY

Retained Earnings	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Cash	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets

Other Stockholder Equity	- 0.31	Other Current Liab
Other Stockholder Equity	- 0.2	Net Receivables
Other Stockholder Equity	- 0.16	Net Tangible Assets
Other Stockholder Equity	- 0.14	Non Currrent Assets Other
Deferred Long Term Liab	- 0.12	Other Stockholder Equity
Total Current Assets	- 0.1	Other Stockholder Equity