Eos Inventory Turnover vs Days Sales Outstanding Analysis
EOSEW Stock | USD 0.18 0.04 18.18% |
Eos Energy financial indicator trend analysis is much more than just examining Eos Energy Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Eos Energy Enterprises is a good investment. Please check the relationship between Eos Energy Inventory Turnover and its Days Sales Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eos Energy Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Inventory Turnover vs Days Sales Outstanding
Inventory Turnover vs Days Sales Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Eos Energy Enterprises Inventory Turnover account and Days Sales Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Eos Energy's Inventory Turnover and Days Sales Outstanding is 0.27. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Eos Energy Enterprises, assuming nothing else is changed. The correlation between historical values of Eos Energy's Inventory Turnover 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 Inventory Turnover of Eos Energy Enterprises 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 Inventory Turnover i.e., Eos Energy's Inventory Turnover and Days Sales Outstanding go up and down completely randomly.
Correlation Coefficient | 0.27 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Days Sales Outstanding
Most indicators from Eos Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Eos Energy Enterprises 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eos Energy Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. Issuance Of Capital Stock is likely to climb to about 201.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 40.2 M in 2024.
2023 | 2024 (projected) | Depreciation And Amortization | 10.8M | 6.7M | Interest Income | 24.8M | 26.1M |
Eos Energy fundamental ratios Correlations
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Eos Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Eos Energy's price analysis, check to measure Eos Energy's 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 Eos Energy is operating at the current time. Most of Eos Energy's value examination focuses on studying past and present price action to predict the probability of Eos Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eos Energy's price. Additionally, you may evaluate how the addition of Eos Energy to your portfolios can decrease your overall portfolio volatility.