Guangdong Accounts Payable vs Total Current Liabilities Analysis

688325 Stock   53.40  1.00  1.84%   
Guangdong Cellwise financial indicator trend analysis is much more than just examining Guangdong Cellwise latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Guangdong Cellwise is a good investment. Please check the relationship between Guangdong Cellwise Accounts Payable and its Total Current Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Guangdong Cellwise Microelectronics. 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 Total Current Liabilities

Accounts Payable vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Guangdong Cellwise Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Guangdong Cellwise's Accounts Payable and Total Current Liabilities is 0.89. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Guangdong Cellwise Microelectronics, assuming nothing else is changed. The correlation between historical values of Guangdong Cellwise's Accounts Payable and Total Current Liabilities 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 Guangdong Cellwise Microelectronics are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Guangdong Cellwise's Accounts Payable and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Accounts Payable

An accounting item on the balance sheet that represents Guangdong Cellwise 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 Guangdong Cellwise 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.

Total Current Liabilities

Total Current Liabilities is an item on Guangdong Cellwise balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guangdong Cellwise Microelectronics are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Guangdong Cellwise's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Guangdong Cellwise 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 Guangdong Cellwise Microelectronics. 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 30.4 M, whereas Tax Provision is projected to grow to (4.5 M).
 2021 2022 2023 2024 (projected)
Interest Expense1.1M202.7K1.4M771.3K
Interest Income1.5M20.3M16.8M8.6M

Guangdong Cellwise fundamental ratios Correlations

0.520.81.00.940.520.820.830.830.930.880.920.860.781.00.910.860.850.850.91-0.950.92-0.8
0.520.890.50.760.870.450.430.420.590.850.670.420.90.510.710.450.750.430.59-0.310.59-0.42
0.80.890.790.940.890.670.660.650.890.950.920.681.00.790.950.70.960.680.84-0.670.84-0.65
1.00.50.790.930.50.820.830.830.930.870.920.860.761.00.910.860.840.850.91-0.950.92-0.8
0.940.760.940.930.770.740.820.820.940.960.940.760.930.940.950.780.940.760.91-0.820.91-0.79
0.520.870.890.50.770.270.590.590.690.750.670.270.90.50.730.310.790.270.66-0.360.64-0.6
0.820.450.670.820.740.270.370.360.760.760.860.990.660.820.80.990.771.00.63-0.780.66-0.31
0.830.430.660.830.820.590.371.00.790.710.670.440.640.830.710.440.640.430.88-0.780.87-0.99
0.830.420.650.830.820.590.361.00.780.710.670.430.630.830.710.440.640.420.88-0.780.86-0.99
0.930.590.890.930.940.690.760.790.780.880.970.80.870.930.980.810.940.80.95-0.920.95-0.78
0.880.850.950.870.960.750.760.710.710.880.920.770.940.870.940.780.90.770.88-0.750.89-0.69
0.920.670.920.920.940.670.860.670.670.970.920.880.910.920.990.90.970.880.89-0.870.9-0.65
0.860.420.680.860.760.270.990.440.430.80.770.880.660.860.831.00.781.00.7-0.840.73-0.39
0.780.91.00.760.930.90.660.640.630.870.940.910.660.770.930.690.960.670.81-0.640.81-0.62
1.00.510.791.00.940.50.820.830.830.930.870.920.860.770.910.860.840.850.91-0.950.92-0.8
0.910.710.950.910.950.730.80.710.710.980.940.990.830.930.910.850.970.830.92-0.860.94-0.7
0.860.450.70.860.780.310.990.440.440.810.780.91.00.690.860.850.81.00.7-0.840.73-0.39
0.850.750.960.840.940.790.770.640.640.940.90.970.780.960.840.970.80.780.83-0.760.84-0.62
0.850.430.680.850.760.271.00.430.420.80.770.881.00.670.850.831.00.780.68-0.830.72-0.38
0.910.590.840.910.910.660.630.880.880.950.880.890.70.810.910.920.70.830.68-0.911.0-0.89
-0.95-0.31-0.67-0.95-0.82-0.36-0.78-0.78-0.78-0.92-0.75-0.87-0.84-0.64-0.95-0.86-0.84-0.76-0.83-0.91-0.920.77
0.920.590.840.920.910.640.660.870.860.950.890.90.730.810.920.940.730.840.721.0-0.92-0.87
-0.8-0.42-0.65-0.8-0.79-0.6-0.31-0.99-0.99-0.78-0.69-0.65-0.39-0.62-0.8-0.7-0.39-0.62-0.38-0.890.77-0.87
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Other Information on Investing in Guangdong Stock

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