Zai Payables Turnover vs Average Payables Analysis

ZLAB Stock

USD 34.64 0.26 0.76%

Zai Lab financial indicator trend analysis is more than just analyzing Zai Lab current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zai Lab is a good investment. Please check the relationship between Zai Lab Payables Turnover and its Average Payables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zai Lab. 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.

For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.

Payables Turnover vs Average Payables

Payables Turnover vs Average Payables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zai Lab Payables Turnover account and Average Payables. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Zai Lab's Payables Turnover and Average Payables is 0.56. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Average Payables in the same time period over historical financial statements of Zai Lab, assuming nothing else is changed. The correlation between historical values of Zai Lab's Payables Turnover and Average Payables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Zai Lab are associated (or correlated) with its Average Payables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Payables has no effect on the direction of Payables Turnover i.e., Zai Lab's Payables Turnover and Average Payables go up and down completely randomly.

Correlation Coefficient

0.56

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Most indicators from Zai Lab's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zai Lab 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zai Lab. 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.

For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.At present, Zai Lab's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 289.3 M, whereas Sales General And Administrative To Revenue is forecasted to decline to 0.71.

	2022	2024	2025 (projected)
Interest Expense	14.6M	2.3M	4.3M
Depreciation And Amortization	17.7M	11.9M	7.3M

Interest Expense Depreciation And Amortization

Zai Lab fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Preferred Stock Total Equity	Total Current Assets	Intangible Assets	Common Stock	Property Plant Equipment
Total Assets		0.13	0.79	0.99	0.94	0.97	0.93	-0.88	-0.81	0.94	0.91	0.94	0.99	0.9	0.81	0.0	0.86	0.48	0.95	0.75	0.85	0.7	1.0	0.52	0.92	0.86
Other Current Liab	0.13		0.12	0.11	0.2	0.14	0.1	-0.19	-0.17	0.04	0.2	0.1	0.12	-0.07	0.2	0.29	-0.05	0.11	0.15	0.19	0.02	-0.18	0.13	0.16	-0.01	0.12
Total Current Liabilities	0.79	0.12		0.75	0.94	0.9	0.82	-0.61	-0.97	0.85	0.71	0.86	0.73	0.73	0.91	0.02	0.84	0.88	0.86	0.97	0.86	0.53	0.78	0.91	0.83	0.95
Total Stockholder Equity	0.99	0.11	0.75		0.92	0.96	0.91	-0.88	-0.76	0.91	0.91	0.91	1.0	0.9	0.77	-0.06	0.86	0.42	0.92	0.69	0.81	0.68	1.0	0.47	0.91	0.83
Other Liab	0.94	0.2	0.94	0.92		0.98	0.91	-0.83	-0.94	0.93	0.89	0.92	0.91	0.82	0.89	0.04	0.86	0.7	0.95	0.91	0.87	0.59	0.94	0.73	0.89	0.94
Net Tangible Assets	0.97	0.14	0.9	0.96	0.98		0.92	-0.81	-0.89	0.93	0.87	0.94	0.95	0.88	0.89	-0.04	0.91	0.65	0.94	0.85	0.87	0.65	0.97	0.69	0.93	0.93
Property Plant And Equipment Net	0.93	0.1	0.82	0.91	0.91	0.92		-0.85	-0.9	0.91	0.9	0.97	0.89	0.94	0.73	-0.04	0.91	0.55	0.98	0.77	0.95	0.73	0.92	0.59	0.97	0.94
Net Debt	-0.88	-0.19	-0.61	-0.88	-0.83	-0.81	-0.85		0.72	-0.84	-0.99	-0.77	-0.88	-0.75	-0.58	-0.04	-0.68	-0.23	-0.86	-0.59	-0.74	-0.58	-0.88	-0.25	-0.78	-0.73
Retained Earnings	-0.81	-0.17	-0.97	-0.76	-0.94	-0.89	-0.9	0.72		-0.86	-0.8	-0.89	-0.75	-0.77	-0.84	-0.04	-0.84	-0.8	-0.92	-0.94	-0.92	-0.56	-0.8	-0.83	-0.87	-0.98
Accounts Payable	0.94	0.04	0.85	0.91	0.93	0.93	0.91	-0.84	-0.86		0.88	0.94	0.9	0.87	0.86	-0.01	0.83	0.51	0.96	0.8	0.89	0.66	0.93	0.57	0.92	0.86
Cash	0.91	0.2	0.71	0.91	0.89	0.87	0.9	-0.99	-0.8	0.88		0.83	0.91	0.79	0.66	0.04	0.74	0.36	0.91	0.68	0.81	0.6	0.91	0.38	0.84	0.81
Non Current Assets Total	0.94	0.1	0.86	0.91	0.92	0.94	0.97	-0.77	-0.89	0.94	0.83		0.89	0.95	0.81	-0.03	0.93	0.61	0.97	0.81	0.94	0.75	0.93	0.66	0.98	0.93
Cash And Short Term Investments	0.99	0.12	0.73	1.0	0.91	0.95	0.89	-0.88	-0.75	0.9	0.91	0.89		0.87	0.77	-0.01	0.83	0.4	0.91	0.69	0.78	0.67	0.99	0.44	0.89	0.81
Common Stock Total Equity	0.9	-0.07	0.73	0.9	0.82	0.88	0.94	-0.75	-0.77	0.87	0.79	0.95	0.87		0.69	-0.17	0.94	0.46	0.9	0.65	0.93	0.85	0.89	0.51	0.98	0.85
Common Stock Shares Outstanding	0.81	0.2	0.91	0.77	0.89	0.89	0.73	-0.58	-0.84	0.86	0.66	0.81	0.77	0.69		0.06	0.75	0.7	0.81	0.88	0.76	0.47	0.8	0.78	0.76	0.83
Non Current Liabilities Total	0.0	0.29	0.02	-0.06	0.04	-0.04	-0.04	-0.04	-0.04	-0.01	0.04	-0.03	-0.01	-0.17	0.06		-0.18	0.04	0.01	0.27	-0.09	0.16	0.01	0.04	-0.13	-0.04
Capital Surpluse	0.86	-0.05	0.84	0.86	0.86	0.91	0.91	-0.68	-0.84	0.83	0.74	0.93	0.83	0.94	0.75	-0.18		0.63	0.86	0.76	0.9	0.78	0.85	0.68	0.96	0.93
Other Current Assets	0.48	0.11	0.88	0.42	0.7	0.65	0.55	-0.23	-0.8	0.51	0.36	0.61	0.4	0.46	0.7	0.04	0.63		0.58	0.86	0.64	0.32	0.47	0.99	0.57	0.78
Other Stockholder Equity	0.95	0.15	0.86	0.92	0.95	0.94	0.98	-0.86	-0.92	0.96	0.91	0.97	0.91	0.9	0.81	0.01	0.86	0.58		0.82	0.95	0.68	0.94	0.62	0.95	0.93
Total Liab	0.75	0.19	0.97	0.69	0.91	0.85	0.77	-0.59	-0.94	0.8	0.68	0.81	0.69	0.65	0.88	0.27	0.76	0.86	0.82		0.79	0.54	0.74	0.89	0.76	0.91
Property Plant And Equipment Gross	0.85	0.02	0.86	0.81	0.87	0.87	0.95	-0.74	-0.92	0.89	0.81	0.94	0.78	0.93	0.76	-0.09	0.9	0.64	0.95	0.79		0.76	0.83	0.68	0.96	0.93
Preferred Stock Total Equity	0.7	-0.18	0.53	0.68	0.59	0.65	0.73	-0.58	-0.56	0.66	0.6	0.75	0.67	0.85	0.47	0.16	0.78	0.32	0.68	0.54	0.76		0.69	0.36	0.81	0.64
Total Current Assets	1.0	0.13	0.78	1.0	0.94	0.97	0.92	-0.88	-0.8	0.93	0.91	0.93	0.99	0.89	0.8	0.01	0.85	0.47	0.94	0.74	0.83	0.69		0.51	0.91	0.85
Intangible Assets	0.52	0.16	0.91	0.47	0.73	0.69	0.59	-0.25	-0.83	0.57	0.38	0.66	0.44	0.51	0.78	0.04	0.68	0.99	0.62	0.89	0.68	0.36	0.51		0.62	0.81
Common Stock	0.92	-0.01	0.83	0.91	0.89	0.93	0.97	-0.78	-0.87	0.92	0.84	0.98	0.89	0.98	0.76	-0.13	0.96	0.57	0.95	0.76	0.96	0.81	0.91	0.62		0.92
Property Plant Equipment	0.86	0.12	0.95	0.83	0.94	0.93	0.94	-0.73	-0.98	0.86	0.81	0.93	0.81	0.85	0.83	-0.04	0.93	0.78	0.93	0.91	0.93	0.64	0.85	0.81	0.92

Click cells to compare fundamentals

Zai Lab Account Relationship Matchups

Zai Lab fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.3B	1.6B	1.2B	1.0B	1.2B	809.5M
Other Current Liab	24.0M	46.1M	45.5M	66.0M	22.1M	23.2M
Total Current Liabilities	98.0M	192.9M	139.8M	203.1M	299.4M	314.4M
Total Stockholder Equity	1.2B	1.4B	1.0B	796.1M	840.9M	653.7M
Other Liab	2.9M	16.9M	27.5M	21.4M	24.6M	25.8M
Net Tangible Assets	285.9M	1.2B	1.4B	1.0B	1.2B	1.3B
Property Plant And Equipment Net	47.1M	58.3M	78.8M	68.7M	69.5M	43.5M
Net Debt	(423.5M)	(948.6M)	(988.1M)	(775M)	(296.2M)	(311.0M)
Retained Earnings	(713.6M)	(1.4B)	(1.9B)	(2.2B)	(2.5B)	(2.3B)
Accounts Payable	62.6M	126.2M	66.0M	113.0M	100.9M	59.4M
Cash	442.1M	964.1M	1.0B	790.2M	449.7M	453.2M
Non Current Assets Total	81.6M	109.1M	95.8M	96.7M	135.3M	70.2M
Cash And Short Term Investments	1.2B	1.4B	1.0B	806.5M	779.7M	666.2M
Common Stock Shares Outstanding	776.7M	929.9M	95.8M	966.4M	989.5M	1.0B
Liabilities And Stockholders Equity	1.3B	1.6B	1.2B	1.0B	1.2B	809.5M
Non Current Liabilities Total	30.3M	37.1M	34.7M	37.1M	45.5M	29.3M
Other Current Assets	10.9M	18.0M	35.7M	23.0M	145.8M	153.0M
Other Stockholder Equity	1.9B	2.8B	2.9B	3.0B	3.2B	1.7B
Total Liab	128.3M	230M	174.5M	240.2M	344.9M	362.1M
Property Plant And Equipment Gross	46.9M	58.3M	78.8M	98.8M	106.6M	58.9M
Total Current Assets	1.2B	1.5B	1.1B	939.6M	1.1B	739.3M
Accumulated Other Comprehensive Income	(14.5M)	(23.6M)	25.7M	37.6M	50.5M	53.0M
Intangible Assets	9.4M	9.7M	8.4M	16.5M	56.0M	58.8M
Common Stock	3.5K	4.1K	5K	6K	7K	4.6K
Property Plant Equipment	36.4M	46.9M	57.3M	77.4M	89.0M	93.4M
Non Currrent Assets Other	743K	803K	2.2M	2.3M	6.7M	7.0M
Other Assets	15.1M	110.1M	26.5M	3.6M	4.1M	3.9M
Long Term Investments	1.3M	15.6M	6.4M	9.2M	3.1M	5.3M
Current Deferred Revenue	2.9M	24.7M	27.5M	21.4M	31.4M	29.9M
Net Invested Capital	1.2B	1.4B	1.0B	796.1M	972.6M	846.3M
Net Working Capital	1.1B	1.3B	984.5M	736.5M	751.1M	767.6M
Short Term Debt	10.4M	11.9M	7.1M	7.1M	139.8M	258.5M
Short Long Term Debt Total	18.6M	15.5M	20.4M	15.2M	153.5M	161.1M
Net Receivables	5.2M	54.8M	48.6M	65.3M	85.2M	89.4M
Short Term Investments	744.7M	445M	0.0	16.3M	330M	221.3M
Inventory	13.1M	19.0M	31.6M	44.8M	39.9M	24.3M

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When determining whether Zai Lab offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zai Lab's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zai Lab Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zai Lab Stock:

How To Invest In Zai

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Is Zai Stock a good investment?

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What is Zai Lab's Net Worth?

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zai Lab. 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.

For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.

You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zai Lab. If investors know Zai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zai Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(2.60)

Revenue Per Share

4.032

Quarterly Revenue Growth

0.657

Return On Assets

(0.16)

Return On Equity

(0.31)

The market value of Zai Lab is measured differently than its book value, which is the value of Zai that is recorded on the company's balance sheet. Investors also form their own opinion of Zai Lab's value that differs from its market value or its book value, called intrinsic value, which is Zai Lab's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zai Lab's market value can be influenced by many factors that don't directly affect Zai Lab's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Zai Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zai Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zai Lab's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Zai Payables Turnover vs Average Payables Analysis

Payables Turnover vs Average Payables

Payables Turnover vs Average Payables Correlation Analysis

Correlation Coefficient

Payables Turnover

Average Payables

Zai Lab fundamental ratios Correlations

Zai Lab Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Zai Lab fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Total Stockholder Equity	+ 0.99	Total Assets
Cash And Short Term Investments	+ 0.99	Total Assets
Total Current Assets	+ 0.99	Cash And Short Term Investments

Cash	- 0.99	Net Debt
Property Plant Equipment	- 0.98	Retained Earnings
Retained Earnings	- 0.97	Total Current Liabilities
Total Liab	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Other Liab
Property Plant And Equipment Gross	- 0.92	Retained Earnings