Apple Inventory vs Current Liabilities 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 Inventory and its Current Liabilities accounts. Please continue to Trending Equities.

Inventory vs Current Liabilities

Accounts Relationship

Inventory vs Current Liabilities

Significance: Very Strong Relationship

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

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

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.

Current Liabilities

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