American Price To Sales Ratio vs Days Sales Outstanding Analysis
| ARBU Stock | USD 0.0001 0.00 0.00% |
American Business financial indicator trend analysis is way more than just evaluating American Business Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Business Corp is a good investment. Please check the relationship between American Business Price To Sales Ratio and its Days Sales Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Business Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Price To Sales Ratio vs Days Sales Outstanding
Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Business Corp Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between American Business' Price To Sales Ratio and Days Sales Outstanding is -0.74. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of American Business Corp, assuming nothing else is changed. The correlation between historical values of American Business' Price To Sales Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of American Business Corp are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., American Business' Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | -0.74 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing American Business Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on American Business sales, a figure that is much harder to manipulate than other American Business Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Days Sales Outstanding
Most indicators from American Business' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Business Corp 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in American Business Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At this time, American Business' Discontinued Operations is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 430.4 K in 2024, whereas Enterprise Value Multiple is likely to drop (24.89) in 2024.
American Business fundamental ratios Correlations
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American Business Account Relationship Matchups
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Additional Tools for American Stock Analysis
When running American Business' price analysis, check to measure American Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Business is operating at the current time. Most of American Business' value examination focuses on studying past and present price action to predict the probability of American Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Business' price. Additionally, you may evaluate how the addition of American Business to your portfolios can decrease your overall portfolio volatility.