JuneYao Accounts Payable vs Common Stock Analysis

605388 Stock   7.65  0.15  2.00%   
JuneYao Dairy financial indicator trend analysis is infinitely more than just investigating JuneYao Dairy recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether JuneYao Dairy is a good investment. Please check the relationship between JuneYao Dairy Accounts Payable and its Common Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JuneYao Dairy 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.

Accounts Payable vs Common Stock

Accounts Payable vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of JuneYao Dairy Accounts Payable account and Common Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between JuneYao Dairy's Accounts Payable and Common Stock is 0.74. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock in the same time period over historical financial statements of JuneYao Dairy Co, assuming nothing else is changed. The correlation between historical values of JuneYao Dairy's Accounts Payable and Common Stock 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 JuneYao Dairy Co are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Accounts Payable i.e., JuneYao Dairy's Accounts Payable and Common Stock go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Accounts Payable

An accounting item on the balance sheet that represents JuneYao Dairy 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 JuneYao Dairy 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.

Common Stock

Most indicators from JuneYao Dairy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into JuneYao Dairy 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 JuneYao Dairy 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 Selling General Administrative is expected to grow to about 307.8 M, whereas Tax Provision is forecasted to decline to about 18.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit371.1M351.5M399.2M391.2M
Total Revenue913.6M986.1M1.6B1.3B

JuneYao Dairy fundamental ratios Correlations

-0.83-0.440.990.8-0.730.950.780.710.80.790.950.620.740.070.94-0.330.920.770.910.660.670.940.890.51-0.77
-0.830.47-0.84-0.810.64-0.86-0.69-0.66-0.81-0.69-0.91-0.77-0.81-0.04-0.820.35-0.77-0.9-0.91-0.37-0.68-0.76-0.83-0.270.71
-0.440.47-0.53-0.020.77-0.59-0.04-0.77-0.01-0.78-0.450.150.050.41-0.320.99-0.69-0.1-0.64-0.110.15-0.34-0.16-0.73-0.08
0.99-0.84-0.530.76-0.780.970.740.760.750.840.940.560.690.010.92-0.420.950.730.930.640.620.920.860.57-0.72
0.8-0.81-0.020.76-0.310.690.770.361.00.40.780.930.980.420.880.10.570.960.70.60.930.830.910.05-0.98
-0.730.640.77-0.78-0.31-0.88-0.53-0.98-0.29-0.91-0.77-0.11-0.250.51-0.550.72-0.89-0.37-0.82-0.26-0.1-0.55-0.42-0.640.22
0.95-0.86-0.590.970.69-0.880.780.870.690.860.960.510.65-0.150.84-0.490.950.70.960.550.540.820.760.52-0.63
0.78-0.69-0.040.740.77-0.530.780.510.780.40.830.640.810.160.670.060.580.710.740.650.760.620.66-0.05-0.79
0.71-0.66-0.770.760.36-0.980.870.510.340.920.740.170.31-0.510.58-0.730.890.420.80.280.160.570.430.63-0.27
0.8-0.81-0.010.751.0-0.290.690.780.340.390.770.940.990.420.880.110.570.950.690.640.960.830.910.04-0.98
0.79-0.69-0.780.840.4-0.910.860.40.920.390.750.250.32-0.450.72-0.720.960.470.780.280.190.730.60.83-0.3
0.95-0.91-0.450.940.78-0.770.960.830.740.770.750.640.75-0.020.84-0.330.860.80.960.510.640.80.820.34-0.72
0.62-0.770.150.560.93-0.110.510.640.170.940.250.640.950.390.760.260.390.960.530.380.90.680.85-0.11-0.89
0.74-0.810.050.690.98-0.250.650.810.310.990.320.750.950.40.820.170.50.950.660.610.970.750.86-0.08-0.97
0.07-0.040.410.010.420.51-0.150.16-0.510.42-0.45-0.020.390.40.170.47-0.270.29-0.020.370.510.170.27-0.41-0.51
0.94-0.82-0.320.920.88-0.550.840.670.580.880.720.840.760.820.17-0.210.840.850.780.640.770.990.960.5-0.85
-0.330.350.99-0.420.10.72-0.490.06-0.730.11-0.72-0.330.260.170.47-0.21-0.610.02-0.53-0.050.26-0.24-0.03-0.72-0.19
0.92-0.77-0.690.950.57-0.890.950.580.890.570.960.860.390.5-0.270.84-0.610.590.870.490.40.850.730.75-0.51
0.77-0.9-0.10.730.96-0.370.70.710.420.950.470.80.960.950.290.850.020.590.730.40.850.780.90.06-0.88
0.91-0.91-0.640.930.7-0.820.960.740.80.690.780.960.530.66-0.020.78-0.530.870.730.50.550.760.740.41-0.62
0.66-0.37-0.110.640.6-0.260.550.650.280.640.280.510.380.610.370.64-0.050.490.40.50.720.670.540.2-0.72
0.67-0.680.150.620.93-0.10.540.760.160.960.190.640.90.970.510.770.260.40.850.550.720.720.81-0.12-0.97
0.94-0.76-0.340.920.83-0.550.820.620.570.830.730.80.680.750.170.99-0.240.850.780.760.670.720.940.57-0.81
0.89-0.83-0.160.860.91-0.420.760.660.430.910.60.820.850.860.270.96-0.030.730.90.740.540.810.940.35-0.87
0.51-0.27-0.730.570.05-0.640.52-0.050.630.040.830.34-0.11-0.08-0.410.5-0.720.750.060.410.2-0.120.570.350.0
-0.770.71-0.08-0.72-0.980.22-0.63-0.79-0.27-0.98-0.3-0.72-0.89-0.97-0.51-0.85-0.19-0.51-0.88-0.62-0.72-0.97-0.81-0.870.0
Click cells to compare fundamentals

JuneYao Dairy Account Relationship Matchups

JuneYao Dairy fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B2.2B2.3B2.4B2.5B1.8B
Other Current Liab209.9M156.6M214.7M221.6M27.9M26.5M
Total Current Liabilities389.6M228.4M331.9M433.9M509.2M415.8M
Total Stockholder Equity941.5M1.9B1.9B1.9B1.9B1.4B
Property Plant And Equipment Net144.2M140.8M470.5M641.2M814.0M854.7M
Net Debt(1.1B)(1.0B)(1.1B)(667.1M)(600.4M)(630.4M)
Retained Earnings470.6M554.6M549.5M518.3M525.0M414.0M
Accounts Payable179.7M71.8M116.0M207.9M193.2M135.9M
Cash1.1B1.0B1.1B679.6M499.1M831.9M
Non Current Assets Total200.3M261.2M628.4M1.1B1.3B1.4B
Cash And Short Term Investments1.1B1.9B1.5B720.0M827.9M1.1B
Common Stock Shares Outstanding360.2M381.8M432.3M430M602M387.6M
Liabilities And Stockholders Equity1.3B2.2B2.3B2.4B2.7B1.7B
Non Current Liabilities Total12.5M12.1M17.7M29.7M60.7M63.7M
Inventory64.2M40.5M77.3M172.4M206.5M216.9M
Other Current Assets13.9M14.0M32.9M50.0M48.2M35.5M
Other Stockholder Equity110.9M946.2M959.7M972.9M1.1B1.2B
Total Liab402.1M240.5M349.7M463.6M569.9M438.8M
Total Current Assets1.1B1.9B1.7B1.3B1.2B1.3B
Intangible Assets49.5M45.4M84.7M80.5M171.4M180.0M
Non Currrent Assets Other3.5M71.9M52.6M310.7M54.1M78.6M

Currently Active Assets on Macroaxis

Other Information on Investing in JuneYao Stock

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