Apple Current Liabilities vs Inventory Analysis

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AAPL -- USA Stock  

 Earnings Call  This Week

Apple financial indicator trend analysis is way more than just evaluating Apple prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Apple is a good investment. Please check the relationship between Apple Current Liabilities and its Inventory accounts. Please continue to Trending Equities.

Current Liabilities vs Inventory

Accounts Relationship

Current Liabilities vs Inventory

Significance: Very Strong Relationship

Current Liabilities diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Current Liabilities account and Inventory

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Current Liabilities

The current portion of [Liabilities]; reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Inventory

A component of [Assets] representing the amount after valuation and reserves of inventory expected to be sold; or consumed within one year or operating cycle; if longer.