Apple Inventories vs Trade and Non Trade Receivables Analysis

<div class='logoBackup' style='background:#000000;color: white;font-size:3em;;'>AAP</div>
AAPL -- USA Stock  

Buyout Trend

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 Inventories and its Trade and Non Trade Receivables accounts. Please continue to Trending Equities.

Inventories vs Trade and Non Trade Receivables

Accounts Relationship

Inventories vs Trade and Non Trade Receivables

Significance: Almost Identical Trend

Inventories diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Apple Inventories account and Trade and Non Trade Receivables

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventories

Trade and Non Trade Receivables

A component of [Assets] representing trade and non-trade receivables.