Sichuan Property Plant Equipment vs Accounts Payable Analysis

600779 Stock   58.90  0.08  0.14%   
Sichuan Swellfun financial indicator trend analysis is much more than just breaking down Sichuan Swellfun prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sichuan Swellfun is a good investment. Please check the relationship between Sichuan Swellfun Property Plant Equipment and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Sichuan Swellfun 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.

Property Plant Equipment vs Accounts Payable

Property Plant Equipment vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sichuan Swellfun Property Plant Equipment account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Sichuan Swellfun's Property Plant Equipment and Accounts Payable is 0.91. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Sichuan Swellfun Co, assuming nothing else is changed. The correlation between historical values of Sichuan Swellfun's Property Plant Equipment 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 Property Plant Equipment of Sichuan Swellfun 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 Property Plant Equipment i.e., Sichuan Swellfun's Property Plant Equipment and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Accounts Payable

An accounting item on the balance sheet that represents Sichuan Swellfun 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 Sichuan Swellfun 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 Sichuan Swellfun's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sichuan Swellfun 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 Sichuan Swellfun 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.
As of December 11, 2024, Selling General Administrative is expected to decline to about 610.9 M. In addition to that, Tax Provision is expected to decline to about 283.4 M
 2021 2022 2023 2024 (projected)
Operating Income1.6B1.6B1.7B1.8B
Total Revenue4.6B4.7B5.0B5.2B

Sichuan Swellfun fundamental ratios Correlations

0.310.980.98-0.341.00.890.960.97-0.26-0.51-0.740.960.460.990.830.670.960.880.09-0.740.890.970.470.780.87
0.310.410.18-0.20.28-0.110.380.33-0.17-0.230.330.490.420.410.33-0.120.170.45-0.250.330.560.140.60.40.56
0.980.410.93-0.440.970.840.980.94-0.17-0.51-0.670.960.51.00.870.560.920.890.05-0.670.930.940.550.80.89
0.980.180.93-0.220.980.910.920.97-0.36-0.51-0.790.930.410.930.760.780.960.830.14-0.790.820.970.360.730.81
-0.34-0.2-0.44-0.22-0.35-0.27-0.47-0.26-0.230.470.18-0.28-0.43-0.42-0.590.03-0.27-0.39-0.130.18-0.48-0.32-0.28-0.43-0.36
1.00.280.970.98-0.350.890.960.96-0.27-0.54-0.750.950.450.970.840.690.970.880.14-0.750.880.980.430.790.86
0.89-0.110.840.91-0.270.890.820.86-0.13-0.38-0.880.770.30.840.670.680.910.690.26-0.880.670.930.280.60.65
0.960.380.980.92-0.470.960.820.94-0.28-0.58-0.660.940.60.970.870.630.860.870.11-0.660.930.90.540.840.84
0.970.330.940.97-0.260.960.860.94-0.4-0.57-0.680.950.560.940.730.730.930.840.12-0.680.870.930.540.750.85
-0.26-0.17-0.17-0.36-0.23-0.27-0.13-0.28-0.40.60.1-0.37-0.49-0.17-0.11-0.74-0.19-0.22-0.080.1-0.26-0.17-0.14-0.25-0.19
-0.51-0.23-0.51-0.510.47-0.54-0.38-0.58-0.570.60.3-0.55-0.67-0.5-0.6-0.61-0.48-0.52-0.20.3-0.58-0.48-0.36-0.52-0.53
-0.740.33-0.67-0.790.18-0.75-0.88-0.66-0.680.10.3-0.59-0.09-0.67-0.61-0.62-0.78-0.4-0.061.0-0.41-0.82-0.1-0.4-0.39
0.960.490.960.93-0.280.950.770.940.95-0.37-0.55-0.590.490.960.80.640.880.87-0.03-0.590.920.880.520.80.89
0.460.420.50.41-0.430.450.30.60.56-0.49-0.67-0.090.490.490.530.480.320.560.09-0.090.670.350.650.60.47
0.990.411.00.93-0.420.970.840.970.94-0.17-0.5-0.670.960.490.870.570.920.890.05-0.670.930.940.540.80.89
0.830.330.870.76-0.590.840.670.870.73-0.11-0.6-0.610.80.530.870.480.760.780.0-0.610.850.810.390.730.77
0.67-0.120.560.780.030.690.680.630.73-0.74-0.61-0.620.640.480.570.480.650.580.21-0.620.540.670.120.50.5
0.960.170.920.96-0.270.970.910.860.93-0.19-0.48-0.780.880.320.920.760.650.830.19-0.780.780.990.350.670.83
0.880.450.890.83-0.390.880.690.870.84-0.22-0.52-0.40.870.560.890.780.580.830.24-0.40.960.830.430.820.94
0.09-0.250.050.14-0.130.140.260.110.12-0.08-0.2-0.06-0.030.090.050.00.210.190.24-0.060.080.18-0.220.180.08
-0.740.33-0.67-0.790.18-0.75-0.88-0.66-0.680.10.31.0-0.59-0.09-0.67-0.61-0.62-0.78-0.4-0.06-0.41-0.82-0.1-0.4-0.39
0.890.560.930.82-0.480.880.670.930.87-0.26-0.58-0.410.920.670.930.850.540.780.960.08-0.410.80.570.870.92
0.970.140.940.97-0.320.980.930.90.93-0.17-0.48-0.820.880.350.940.810.670.990.830.18-0.820.80.360.690.82
0.470.60.550.36-0.280.430.280.540.54-0.14-0.36-0.10.520.650.540.390.120.350.43-0.22-0.10.570.360.510.45
0.780.40.80.73-0.430.790.60.840.75-0.25-0.52-0.40.80.60.80.730.50.670.820.18-0.40.870.690.510.68
0.870.560.890.81-0.360.860.650.840.85-0.19-0.53-0.390.890.470.890.770.50.830.940.08-0.390.920.820.450.68
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Sichuan Swellfun Account Relationship Matchups

Sichuan Swellfun fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.9B4.4B5.9B7.0B8.4B8.8B
Other Current Liab1.2B1.4B2.0B2.2B29.6M28.1M
Total Current Liabilities1.8B2.2B3.2B3.6B4.0B4.2B
Total Stockholder Equity2.1B2.1B2.6B3.5B4.4B4.6B
Other Liab23.2M14.7M14.2M22.3M20.1M19.1M
Retained Earnings1.2B1.3B1.9B2.7B3.2B3.4B
Accounts Payable164.2M251.8M411.5M495.4M1.1B1.1B
Cash1.2B1.3B1.9B1.9B2.3B2.5B
Other Assets166.8M215.3M362.9M389.5M447.9M470.3M
Net Receivables223.4M1.9M7.5M3.5M2.2M2.1M
Inventory1.5B1.9B2.2B2.4B2.5B2.6B
Other Current Assets56.2M45.1M80.7M45.6M61.4M39.4M
Total Liab1.8B2.2B3.3B3.6B4.0B4.2B
Intangible Assets123.2M122.8M119.5M130.0M163.2M171.4M
Property Plant Equipment613.1M763.5M1.2B2.1B2.4B2.6B
Net Tangible Assets2.0B2.0B2.5B3.3B3.8B2.2B
Deferred Long Term Liab3.3M2.0M1.0M14.5M13.0M6.7M
Total Current Assets3.0B3.3B4.2B4.4B4.9B3.3B
Non Current Assets Total903.1M1.1B1.7B2.6B3.5B3.7B
Non Currrent Assets Other8.0M6.2M117.5M34.0M16.1M31.0M
Non Current Liabilities Total23.6M14.7M26.2M28.4M30.7M25.0M
Non Current Liabilities Other5.4M14.7M14.2M22.3M21.3M11.8M
Net Invested Capital2.1B2.1B2.6B3.5B4.4B2.9B
Net Working Capital1.2B1.0B953.8M849.5M903.6M804.7M

Currently Active Assets on Macroaxis

Other Information on Investing in Sichuan Stock

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