Apple Trade and Non Trade Payables vs 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 Trade and Non Trade Payables and its Trade and Non Trade Receivables accounts. Please continue to Trending Equities.

Trade and Non Trade Payables vs Trade and Non Trade Receivables

Accounts Relationship

Trade and Non Trade Payables vs Receivables

Significance: Almost Identical Trend

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

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Trade and Non Trade Payables

A component of [Liabilities] representing trade and non-trade payables.

Trade and Non Trade Receivables

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