Yoantion Accounts Payable vs Net Working Capital Analysis

301053 Stock   22.90  0.06  0.26%   
Yoantion Industrial financial indicator trend analysis is more than just analyzing Yoantion Industrial current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Yoantion Industrial is a good investment. Please check the relationship between Yoantion Industrial Accounts Payable and its Net Working Capital accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yoantion Industrial IncLtd. 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.

Accounts Payable vs Net Working Capital

Accounts Payable vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Yoantion Industrial Accounts Payable account and Net Working Capital. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Yoantion Industrial's Accounts Payable and Net Working Capital is 0.8. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Yoantion Industrial IncLtd, assuming nothing else is changed. The correlation between historical values of Yoantion Industrial's Accounts Payable and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Yoantion Industrial IncLtd are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Accounts Payable i.e., Yoantion Industrial's Accounts Payable and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.8
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Yoantion Industrial 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 Yoantion Industrial 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.

Net Working Capital

Most indicators from Yoantion Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Yoantion Industrial 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 Yoantion Industrial IncLtd. 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 December 10, 2024, Tax Provision is expected to decline to about 2.2 M. In addition to that, Selling General Administrative is expected to decline to about 38.1 M
 2021 2022 2023 2024 (projected)
Interest Expense489.2K934.4K926.2K801.9K
Interest Income3.6M6.1M3.8M3.4M

Yoantion Industrial fundamental ratios Correlations

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-0.94-0.92-0.9-0.94-0.98-0.89-0.92-0.75-0.86-0.84-0.73-0.77-0.54-0.93-0.9-0.91-0.84-0.76-0.45-0.74-0.830.81-0.76-0.57-0.57
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0.93-0.890.90.920.910.90.790.650.790.830.470.890.190.870.90.980.830.920.210.60.88-0.740.630.340.33
0.96-0.920.880.930.960.960.790.870.950.950.830.810.620.920.950.890.950.760.740.930.92-0.940.940.80.8
0.83-0.750.720.830.830.80.650.870.880.90.920.730.470.760.850.770.90.710.780.950.81-0.980.950.90.89
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0.71-0.730.680.660.70.750.470.830.920.740.740.570.730.740.690.60.740.440.820.880.62-0.870.870.920.92
0.91-0.770.920.870.840.860.890.810.730.750.870.570.340.910.870.940.870.820.440.720.89-0.820.730.530.52
0.44-0.540.570.310.380.550.190.620.470.380.380.730.340.630.350.290.38-0.020.680.560.28-0.480.520.670.67
0.95-0.930.990.870.890.970.870.920.760.80.850.740.910.630.880.920.850.710.530.770.84-0.840.770.620.62
0.99-0.90.861.00.990.950.90.950.850.970.980.690.870.350.880.960.980.930.580.870.99-0.930.890.660.66
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0.96-0.840.830.970.960.910.830.950.90.971.00.740.870.380.850.980.920.890.690.930.98-0.970.950.770.77
0.89-0.760.730.950.910.80.920.760.710.870.890.440.82-0.020.710.930.930.890.310.680.94-0.790.720.420.41
0.56-0.450.440.530.560.540.210.740.780.690.690.820.440.680.530.580.40.690.310.90.58-0.780.870.970.97
0.84-0.740.710.840.850.810.60.930.950.920.930.880.720.560.770.870.750.930.680.90.86-0.971.00.940.95
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0.87-0.760.720.870.880.830.630.940.950.950.950.870.730.520.770.890.770.950.720.871.00.88-0.980.920.93
0.65-0.570.540.630.650.640.340.80.90.760.770.920.530.670.620.660.520.770.420.970.940.64-0.870.921.0
0.65-0.570.540.620.650.630.330.80.890.760.770.920.520.670.620.660.510.770.410.970.950.65-0.870.931.0
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Yoantion Industrial Account Relationship Matchups

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Other Information on Investing in Yoantion Stock

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