China Cash vs Accounts Payable Analysis

600138 Stock

9.78 0.30 2.98%

China CYTS financial indicator trend analysis is way more than just evaluating China CYTS Tours prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether China CYTS Tours is a good investment. Please check the relationship between China CYTS Cash and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China CYTS Tours. 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 Accounts Payable

Cash vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of China CYTS Tours Cash account and Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between China CYTS's Cash and Accounts Payable is 0.55. Overlapping area represents the amount of variation of Cash that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of China CYTS Tours, assuming nothing else is changed. The correlation between historical values of China CYTS's Cash 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 Cash of China CYTS Tours 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 Cash i.e., China CYTS's Cash and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.55

Relationship Direction	Positive
Relationship Strength	Weak

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Cash

Cash refers to the most liquid asset of China CYTS Tours, which is listed under current asset account on China CYTS Tours balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from China CYTS customers. The amounts must be unrestricted with restricted cash listed in a different China CYTS 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.

Accounts Payable

An accounting item on the balance sheet that represents China CYTS 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 China CYTS Tours 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 China CYTS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into China CYTS Tours 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 China CYTS Tours. 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 138.5 M, whereas Selling General Administrative is forecasted to decline to about 890.2 M.

	2022	2023	2024	2025 (projected)
Gross Profit	1.0B	2.4B	2.1B	1.8B
Research Development	12.7M	7.7M	8.9M	9.4M

Gross Profit Research Development

China CYTS fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		-0.37	0.98	0.8	-0.02	0.96	0.42	0.76	0.93	0.7	-0.58	0.77	-0.1	0.98	0.92	0.67	0.97	0.86	-0.85	0.91	0.13	0.9	0.89	0.91	0.89	0.88
Other Current Liab	-0.37		-0.27	-0.15	0.29	-0.27	0.48	0.05	-0.28	0.15	-0.28	0.0	0.75	-0.43	-0.48	-0.13	-0.45	-0.67	0.63	-0.42	0.32	-0.46	-0.41	-0.47	-0.31	-0.37
Total Current Liabilities	0.98	-0.27		0.75	-0.1	0.92	0.42	0.79	0.87	0.68	-0.59	0.83	-0.09	0.98	0.85	0.59	0.95	0.81	-0.84	0.89	0.08	0.85	0.87	0.89	0.89	0.86
Total Stockholder Equity	0.8	-0.15	0.75		0.18	0.88	0.64	0.86	0.85	0.88	-0.58	0.76	0.15	0.72	0.83	0.94	0.69	0.58	-0.55	0.79	0.33	0.82	0.85	0.8	0.79	0.86
Other Liab	-0.02	0.29	-0.1	0.18		0.12	0.38	-0.13	0.05	0.31	-0.13	-0.02	0.66	-0.11	0.09	0.18	-0.1	-0.08	0.17	0.01	0.73	0.15	0.01	-0.12	-0.01	0.01
Retained Earnings	0.96	-0.27	0.92	0.88	0.12		0.53	0.78	0.95	0.75	-0.57	0.76	0.06	0.9	0.94	0.77	0.87	0.76	-0.76	0.91	0.32	0.9	0.9	0.87	0.9	0.89
Accounts Payable	0.42	0.48	0.42	0.64	0.38	0.53		0.55	0.56	0.83	-0.86	0.45	0.65	0.3	0.33	0.64	0.33	0.04	-0.06	0.29	0.46	0.29	0.3	0.21	0.31	0.31
Cash	0.76	0.05	0.79	0.86	-0.13	0.78	0.55		0.73	0.77	-0.56	0.88	0.06	0.72	0.69	0.76	0.66	0.48	-0.5	0.72	0.13	0.68	0.79	0.79	0.79	0.81
Other Assets	0.93	-0.28	0.87	0.85	0.05	0.95	0.56	0.73		0.75	-0.68	0.64	0.03	0.86	0.9	0.81	0.87	0.73	-0.71	0.83	0.25	0.84	0.82	0.78	0.78	0.79
Net Receivables	0.7	0.15	0.68	0.88	0.31	0.75	0.83	0.77	0.75		-0.79	0.73	0.43	0.62	0.6	0.81	0.62	0.44	-0.4	0.63	0.4	0.66	0.67	0.59	0.63	0.68
Short Term Investments	-0.58	-0.28	-0.59	-0.58	-0.13	-0.57	-0.86	-0.56	-0.68	-0.79		-0.43	-0.37	-0.51	-0.41	-0.59	-0.58	-0.26	0.24	-0.3	-0.12	-0.32	-0.31	-0.3	-0.3	-0.31
Inventory	0.77	0.0	0.83	0.76	-0.02	0.76	0.45	0.88	0.64	0.73	-0.43		0.14	0.78	0.67	0.55	0.67	0.61	-0.59	0.81	0.19	0.74	0.83	0.85	0.89	0.88
Other Current Assets	-0.1	0.75	-0.09	0.15	0.66	0.06	0.65	0.06	0.03	0.43	-0.37	0.14		-0.21	-0.18	0.12	-0.22	-0.37	0.39	-0.07	0.72	-0.04	-0.09	-0.23	-0.04	-0.05
Total Liab	0.98	-0.43	0.98	0.72	-0.11	0.9	0.3	0.72	0.86	0.62	-0.51	0.78	-0.21		0.88	0.56	0.98	0.9	-0.88	0.89	0.01	0.88	0.88	0.92	0.87	0.87
Intangible Assets	0.92	-0.48	0.85	0.83	0.09	0.94	0.33	0.69	0.9	0.6	-0.41	0.67	-0.18	0.88		0.78	0.85	0.82	-0.78	0.86	0.16	0.89	0.87	0.88	0.85	0.86
Common Stock	0.67	-0.13	0.59	0.94	0.18	0.77	0.64	0.76	0.81	0.81	-0.59	0.55	0.12	0.56	0.78		0.57	0.44	-0.4	0.61	0.29	0.66	0.68	0.62	0.6	0.68
Property Plant Equipment	0.97	-0.45	0.95	0.69	-0.1	0.87	0.33	0.66	0.87	0.62	-0.58	0.67	-0.22	0.98	0.85	0.57		0.87	-0.87	0.83	-0.02	0.84	0.82	0.86	0.78	0.79
Long Term Debt	0.86	-0.67	0.81	0.58	-0.08	0.76	0.04	0.48	0.73	0.44	-0.26	0.61	-0.37	0.9	0.82	0.44	0.87		-0.88	0.84	0.0	0.84	0.82	0.86	0.79	0.8
Good Will	-0.85	0.63	-0.84	-0.55	0.17	-0.76	-0.06	-0.5	-0.71	-0.4	0.24	-0.59	0.39	-0.88	-0.78	-0.4	-0.87	-0.88		-0.86	0.0	-0.81	-0.81	-0.81	-0.8	-0.76
Net Tangible Assets	0.91	-0.42	0.89	0.79	0.01	0.91	0.29	0.72	0.83	0.63	-0.3	0.81	-0.07	0.89	0.86	0.61	0.83	0.84	-0.86		0.32	0.97	0.98	0.93	0.97	0.95
Other Stockholder Equity	0.13	0.32	0.08	0.33	0.73	0.32	0.46	0.13	0.25	0.4	-0.12	0.19	0.72	0.01	0.16	0.29	-0.02	0.0	0.0	0.32		0.35	0.28	0.05	0.28	0.24
Deferred Long Term Liab	0.9	-0.46	0.85	0.82	0.15	0.9	0.29	0.68	0.84	0.66	-0.32	0.74	-0.04	0.88	0.89	0.66	0.84	0.84	-0.81	0.97	0.35		0.97	0.92	0.91	0.95
Long Term Investments	0.89	-0.41	0.87	0.85	0.01	0.9	0.3	0.79	0.82	0.67	-0.31	0.83	-0.09	0.88	0.87	0.68	0.82	0.82	-0.81	0.98	0.28	0.97		0.96	0.95	0.98
Short Long Term Debt	0.91	-0.47	0.89	0.8	-0.12	0.87	0.21	0.79	0.78	0.59	-0.3	0.85	-0.23	0.92	0.88	0.62	0.86	0.86	-0.81	0.93	0.05	0.92	0.96		0.94	0.97
Total Current Assets	0.89	-0.31	0.89	0.79	-0.01	0.9	0.31	0.79	0.78	0.63	-0.3	0.89	-0.04	0.87	0.85	0.6	0.78	0.79	-0.8	0.97	0.28	0.91	0.95	0.94		0.96
Short Term Debt	0.88	-0.37	0.86	0.86	0.01	0.89	0.31	0.81	0.79	0.68	-0.31	0.88	-0.05	0.87	0.86	0.68	0.79	0.8	-0.76	0.95	0.24	0.95	0.98	0.97	0.96

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China CYTS Account Relationship Matchups

China CYTS fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	17.1B	17.4B	17.6B	17.3B	19.9B	20.9B
Other Current Liab	1.8B	931.0M	77.1M	93.2M	107.2M	101.9M
Total Current Liabilities	7.6B	7.3B	6.5B	6.8B	7.9B	8.3B
Total Stockholder Equity	6.3B	6.3B	6.0B	6.2B	7.1B	3.8B
Other Liab	10.0M	240.1M	5.2M	7.1M	8.1M	7.7M
Retained Earnings	3.9B	3.9B	3.4B	3.5B	4.1B	4.3B
Accounts Payable	1.4B	1.4B	1.1B	1.1B	1.3B	975.9M
Cash	1.8B	1.4B	1.2B	1.2B	1.4B	807.4M
Other Assets	1.2B	1.0B	998.0M	1.1B	1.3B	1.3B
Net Receivables	2.2B	2.1B	2.2B	2.3B	2.7B	1.5B
Inventory	2.9B	2.2B	2.1B	2.0B	2.3B	1.3B
Other Current Assets	295.0M	311.8M	191.0M	111.3M	128.0M	121.6M
Total Liab	8.5B	8.8B	9.5B	8.9B	10.3B	10.8B
Intangible Assets	1.2B	1.2B	1.2B	1.2B	1.3B	1.4B
Property Plant Equipment	4.1B	4.5B	4.7B	5.9B	6.8B	7.1B
Long Term Debt	869.7M	617.6M	1.8B	1.4B	1.6B	1.7B
Net Tangible Assets	5.3B	5.3B	5.1B	5.1B	5.8B	5.3B
Other Stockholder Equity	(22.0M)	(20.4M)	(25.3M)	(27.2M)	(24.5M)	(25.7M)
Deferred Long Term Liab	372.5M	408.7M	349.9M	384.1M	441.7M	385.2M
Short Long Term Debt	3.3B	3.4B	3.7B	3.2B	3.7B	2.6B
Total Current Assets	7.5B	6.3B	6.1B	6.4B	7.3B	6.5B
Non Current Assets Total	9.6B	11.1B	11.4B	10.9B	12.5B	10.3B
Non Currrent Assets Other	233.0M	283.9M	239.4M	198.7M	178.8M	230.2M
Non Current Liabilities Total	874.9M	1.5B	2.9B	2.1B	2.4B	1.4B
Non Current Liabilities Other	10.0M	240.1M	1.4M	1.2M	1.0M	994.5K
Net Debt	2.5B	2.6B	4.3B	3.4B	3.9B	2.8B
Net Invested Capital	10.5B	10.4B	11.5B	10.8B	12.5B	11.0B
Net Working Capital	(130.6M)	(961.3M)	(405.3M)	(461.8M)	(415.6M)	(394.8M)
Property Plant And Equipment Net	4.7B	5.9B	6.2B	6.2B	7.1B	6.1B
Property Plant And Equipment Gross	6.1B	7.3B	7.8B	6.2B	7.1B	7.3B

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

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China Cash vs Accounts Payable Analysis

Cash vs Accounts Payable

Cash vs Accounts Payable Correlation Analysis

Correlation Coefficient

Cash

Accounts Payable

China CYTS fundamental ratios Correlations

China CYTS Account Relationship Matchups

High Positive Relationship

High Negative Relationship

China CYTS fundamental ratios Accounts

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Total Current Liabilities	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Assets
Total Liab	+ 0.98	Total Current Liabilities
Property Plant Equipment	+ 0.98	Total Liab
Long Term Investments	+ 0.98	Net Tangible Assets
Short Term Debt	+ 0.98	Long Term Investments

Good Will	- 0.88	Long Term Debt
Good Will	- 0.88	Total Liab
Good Will	- 0.87	Property Plant Equipment
Net Tangible Assets	- 0.86	Good Will
Short Term Investments	- 0.86	Accounts Payable
Good Will	- 0.85	Total Assets