VIP Total Current Assets vs Accounts Payable Analysis

VIPCLOTHNG

45.86 2.89 6.73%

VIP Clothing financial indicator trend analysis is much more than just breaking down VIP Clothing Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether VIP Clothing Limited is a good investment. Please check the relationship between VIP Clothing Total Current Assets and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VIP Clothing Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Total Current Assets vs Accounts Payable

Total Current Assets vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of VIP Clothing Limited Total Current Assets account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between VIP Clothing's Total Current Assets and Accounts Payable is -0.33. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of VIP Clothing Limited, assuming nothing else is changed. The correlation between historical values of VIP Clothing's Total Current Assets 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 Total Current Assets of VIP Clothing Limited 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 Total Current Assets i.e., VIP Clothing's Total Current Assets and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.33

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Accounts Payable

An accounting item on the balance sheet that represents VIP Clothing 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 VIP Clothing Limited 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 VIP Clothing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into VIP Clothing Limited 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 World Market Map to better understand how to build diversified portfolios, which includes a position in VIP Clothing Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Selling General Administrative is likely to gain to about 34.8 M in 2024, whereas Discontinued Operations is likely to drop (1.1 M) in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	76.9M	91.2M	90.9M	79.8M
Depreciation And Amortization	38.5M	30.6M	27.2M	30.9M

Interest Expense Depreciation And Amortization

VIP Clothing fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Net Receivables	Intangible Assets	Current Deferred Revenue	Retained Earnings	Other Liab
Total Assets		0.35	-0.3	0.14	0.91	-0.51	0.39	-0.25	0.95	-0.06	0.34	0.54	0.64	0.44	0.33	0.16	0.72	0.81	0.23	-0.45	-0.57	0.45	0.57	0.41	0.17	0.46
Short Long Term Debt Total	0.35		-0.78	0.57	0.12	-0.47	0.99	0.13	0.16	0.02	0.26	0.37	-0.12	0.33	0.08	0.45	0.59	0.63	0.5	-0.52	-0.07	0.49	0.36	0.66	0.11	0.05
Other Current Liab	-0.3	-0.78		-0.16	-0.23	0.56	-0.77	-0.09	-0.15	0.22	-0.28	-0.61	-0.1	-0.21	-0.35	-0.61	-0.29	-0.49	-0.11	0.39	0.18	-0.2	-0.65	-0.66	-0.2	-0.27
Total Current Liabilities	0.14	0.57	-0.16		-0.24	-0.35	0.56	0.13	-0.06	0.38	0.07	0.07	-0.58	0.67	-0.33	0.2	0.72	0.48	0.95	-0.79	0.3	0.29	0.16	0.44	0.15	0.0
Total Stockholder Equity	0.91	0.12	-0.23	-0.24		-0.46	0.15	-0.2	0.96	-0.21	0.41	0.54	0.77	0.09	0.42	0.1	0.37	0.56	-0.14	-0.19	-0.65	0.37	0.47	0.26	0.04	0.36
Property Plant And Equipment Net	-0.51	-0.47	0.56	-0.35	-0.46		-0.45	-0.19	-0.42	0.04	-0.61	-0.9	0.05	-0.18	-0.25	-0.57	-0.39	-0.56	-0.36	0.79	0.19	-0.43	-0.68	-0.69	0.12	-0.25
Net Debt	0.39	0.99	-0.77	0.56	0.15	-0.45		0.03	0.2	0.04	0.19	0.36	-0.08	0.36	0.09	0.42	0.63	0.64	0.49	-0.51	-0.06	0.48	0.37	0.65	0.12	0.08
Cash	-0.25	0.13	-0.09	0.13	-0.2	-0.19	0.03		-0.32	-0.08	0.77	-0.02	-0.41	-0.26	0.14	-0.01	-0.2	-0.05	0.12	-0.08	0.1	0.14	-0.13	0.05	-0.1	-0.25
Non Current Assets Total	0.95	0.16	-0.15	-0.06	0.96	-0.42	0.2	-0.32		-0.1	0.29	0.45	0.7	0.25	0.24	0.06	0.53	0.59	0.03	-0.29	-0.61	0.4	0.42	0.26	0.08	0.35
Non Currrent Assets Other	-0.06	0.02	0.22	0.38	-0.21	0.04	0.04	-0.08	-0.1		-0.09	-0.15	-0.37	0.26	-0.45	-0.25	0.18	0.05	0.28	-0.16	0.42	0.05	-0.22	-0.05	-0.14	-0.14
Cash And Short Term Investments	0.34	0.26	-0.28	0.07	0.41	-0.61	0.19	0.77	0.29	-0.09		0.46	-0.02	-0.18	0.32	0.11	0.06	0.34	0.12	-0.32	-0.27	0.42	0.22	0.32	-0.16	-0.09
Common Stock Shares Outstanding	0.54	0.37	-0.61	0.07	0.54	-0.9	0.36	-0.02	0.45	-0.15	0.46		0.21	0.12	0.34	0.59	0.28	0.55	0.13	-0.59	-0.41	0.43	0.75	0.64	-0.2	0.46
Non Current Liabilities Total	0.64	-0.12	-0.1	-0.58	0.77	0.05	-0.08	-0.41	0.7	-0.37	-0.02	0.21		0.03	0.57	-0.05	0.14	0.33	-0.49	0.29	-0.6	0.01	0.36	-0.08	0.2	0.52
Inventory	0.44	0.33	-0.21	0.67	0.09	-0.18	0.36	-0.26	0.25	0.26	-0.18	0.12	0.03		0.02	0.18	0.84	0.69	0.69	-0.61	0.02	-0.07	0.51	0.28	0.53	0.5
Other Current Assets	0.33	0.08	-0.35	-0.33	0.42	-0.25	0.09	0.14	0.24	-0.45	0.32	0.34	0.57	0.02		0.13	0.07	0.41	-0.31	0.08	-0.07	-0.22	0.56	0.12	0.32	0.44
Other Stockholder Equity	0.16	0.45	-0.61	0.2	0.1	-0.57	0.42	-0.01	0.06	-0.25	0.11	0.59	-0.05	0.18	0.13		0.2	0.31	0.18	-0.55	-0.2	0.22	0.64	0.7	0.22	0.25
Total Liab	0.72	0.59	-0.29	0.72	0.37	-0.39	0.63	-0.2	0.53	0.18	0.06	0.28	0.14	0.84	0.07	0.2		0.88	0.75	-0.71	-0.16	0.37	0.5	0.48	0.34	0.43
Total Current Assets	0.81	0.63	-0.49	0.48	0.56	-0.56	0.64	-0.05	0.59	0.05	0.34	0.55	0.33	0.69	0.41	0.31	0.88		0.54	-0.64	-0.33	0.42	0.7	0.58	0.3	0.54
Short Term Debt	0.23	0.5	-0.11	0.95	-0.14	-0.36	0.49	0.12	0.03	0.28	0.12	0.13	-0.49	0.69	-0.31	0.18	0.75	0.54		-0.79	0.08	0.33	0.21	0.37	0.17	0.03
Common Stock	-0.45	-0.52	0.39	-0.79	-0.19	0.79	-0.51	-0.08	-0.29	-0.16	-0.32	-0.59	0.29	-0.61	0.08	-0.55	-0.71	-0.64	-0.79		0.04	-0.39	-0.61	-0.72	-0.16	-0.25
Accounts Payable	-0.57	-0.07	0.18	0.3	-0.65	0.19	-0.06	0.1	-0.61	0.42	-0.27	-0.41	-0.6	0.02	-0.07	-0.2	-0.16	-0.33	0.08	0.04		-0.49	-0.28	-0.18	0.07	-0.27
Net Receivables	0.45	0.49	-0.2	0.29	0.37	-0.43	0.48	0.14	0.4	0.05	0.42	0.43	0.01	-0.07	-0.22	0.22	0.37	0.42	0.33	-0.39	-0.49		0.05	0.52	-0.45	0.08
Intangible Assets	0.57	0.36	-0.65	0.16	0.47	-0.68	0.37	-0.13	0.42	-0.22	0.22	0.75	0.36	0.51	0.56	0.64	0.5	0.7	0.21	-0.61	-0.28	0.05		0.6	0.47	0.66
Current Deferred Revenue	0.41	0.66	-0.66	0.44	0.26	-0.69	0.65	0.05	0.26	-0.05	0.32	0.64	-0.08	0.28	0.12	0.7	0.48	0.58	0.37	-0.72	-0.18	0.52	0.6		0.11	0.23
Retained Earnings	0.17	0.11	-0.2	0.15	0.04	0.12	0.12	-0.1	0.08	-0.14	-0.16	-0.2	0.2	0.53	0.32	0.22	0.34	0.3	0.17	-0.16	0.07	-0.45	0.47	0.11		0.14
Other Liab	0.46	0.05	-0.27	0.0	0.36	-0.25	0.08	-0.25	0.35	-0.14	-0.09	0.46	0.52	0.5	0.44	0.25	0.43	0.54	0.03	-0.25	-0.27	0.08	0.66	0.23	0.14

Click cells to compare fundamentals

VIP Clothing Account Relationship Matchups

VIP Clothing fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.7B	2.7B	2.8B	2.8B	2.7B	2.9B
Short Long Term Debt Total	888.1M	925.6M	1.0B	886.1M	805.2M	818.8M
Other Current Liab	17.0M	27.5M	37.0M	39.3M	46.4M	50.4M
Total Current Liabilities	1.1B	1.1B	1.3B	1.1B	1.1B	1.1B
Total Stockholder Equity	1.4B	1.4B	1.3B	1.5B	1.4B	1.4B
Property Plant And Equipment Net	398.1M	371.5M	344.2M	279.9M	297.7M	412.6M
Net Debt	811.4M	883.2M	1.0B	773.4M	802.2M	785.3M
Cash	18.2M	42.4M	13.0M	112.7M	3.0M	2.9M
Non Current Assets Total	1.1B	1.1B	1.0B	1.1B	1.1B	1.1B
Non Currrent Assets Other	8.0M	3.6M	700K	86.9M	189.0M	198.4M
Cash And Short Term Investments	41.4M	76.0M	48.5M	164.9M	42.7M	48.6M
Liabilities And Stockholders Equity	2.7B	2.7B	2.8B	2.8B	2.7B	2.9B
Non Current Liabilities Total	281.1M	224.9M	242.3M	212.3M	174.5M	281.8M
Inventory	923.7M	766.8M	923.1M	807.2M	827.9M	1.0B
Other Current Assets	1.1M	22.6M	752.3M	819.9M	109.6M	104.1M
Total Liab	1.4B	1.4B	1.5B	1.3B	1.3B	1.4B
Total Current Assets	1.6B	1.6B	1.8B	1.8B	1.6B	1.8B
Accumulated Other Comprehensive Income	(239.4M)	480.0M	483.4M	598.2M	687.9M	722.3M
Short Term Debt	786.5M	873.7M	920.0M	803.8M	724.4M	863.2M
Accounts Payable	207.5M	208.8M	314.1M	281.1M	368.4M	233.8M
Net Receivables	650.8M	754.9M	604.1M	664.6M	583.0M	667.3M
Intangible Assets	694.2M	693.8M	693.8M	693.7M	693.7M	759.5M
Current Deferred Revenue	65.0M	41M	28.2M	32.5M	8.6M	9.0M
Retained Earnings	(31.7M)	(41.9M)	(61.9M)	1.1M	(127.4M)	(121.0M)
Other Liab	238.1M	155.2M	128.7M	129.9M	116.9M	221.0M
Net Tangible Assets	671.7M	656.7M	640.1M	818.0M	736.2M	561.9M
Other Assets	13.7M	13.4M	10.9M	94.8M	85.3M	89.6M
Long Term Debt	58.6M	31.3M	100.3M	68.6M	36.8M	33.0M
Short Long Term Debt	786.5M	854.6M	902.6M	786.4M	710.3M	735.4M
Property Plant Equipment	398.1M	371.5M	344.2M	279.9M	251.9M	352.3M
Short Term Investments	23.2M	33.6M	35.5M	52.2M	39.7M	39.2M
Long Term Debt Total	101.6M	69.7M	113.7M	82.4M	94.7M	54.7M
Cash And Equivalents	160K	18.2M	77.4M	50.6M	58.2M	61.1M
Net Invested Capital	2.2B	2.2B	2.3B	2.4B	2.1B	1.9B
Net Working Capital	541.1M	496.7M	526.5M	653.2M	408.6M	496.4M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for VIP Stock Analysis

When running VIP Clothing's price analysis, check to measure VIP Clothing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy VIP Clothing is operating at the current time. Most of VIP Clothing's value examination focuses on studying past and present price action to predict the probability of VIP Clothing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VIP Clothing's price. Additionally, you may evaluate how the addition of VIP Clothing to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

VIP Total Current Assets vs Accounts Payable Analysis

Total Current Assets vs Accounts Payable

Total Current Assets vs Accounts Payable Correlation Analysis

Correlation Coefficient

Total Current Assets

Accounts Payable

VIP Clothing fundamental ratios Correlations

VIP Clothing Account Relationship Matchups

High Positive Relationship

High Negative Relationship

VIP Clothing fundamental ratios Accounts

Also Currently Popular

Additional Tools for VIP Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.96	Total Stockholder Equity
Non Current Assets Total	+ 0.95	Total Assets
Short Term Debt	+ 0.95	Total Current Liabilities
Total Stockholder Equity	+ 0.91	Total Assets
Total Current Assets	+ 0.88	Total Liab

Common Stock Shares Outstanding	- 0.9	Property Plant And Equipment Net
Common Stock	- 0.79	Short Term Debt
Common Stock	- 0.79	Total Current Liabilities
Other Current Liab	- 0.78	Short Long Term Debt Total
Net Debt	- 0.77	Other Current Liab
Current Deferred Revenue	- 0.72	Common Stock