Winner Total Assets vs Accounts Payable 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 Total Assets and its Accounts Payable 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.

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

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

The correlation between Winner Medical's Total Assets and Accounts Payable is 0.89. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Accounts Payable 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 Total 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 Total Assets of Winner Medical 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 Assets i.e., Winner Medical's Total Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

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Total Assets

Total assets refers to the total amount of Winner Medical assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Winner Medical books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Accounts Payable

An accounting item on the balance sheet that represents Winner Medical 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 Winner Medical 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 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 Total Assets vs Accounts Payable Analysis

Total Assets vs Accounts Payable

Total Assets vs Accounts Payable Correlation Analysis

Correlation Coefficient

Total Assets

Accounts Payable

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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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