ExlService Net Receivables vs Inventory Analysis

EXLS Stock  USD 45.93  0.34  0.73%   
ExlService Holdings financial indicator trend analysis is much more than just examining ExlService Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ExlService Holdings is a good investment. Please check the relationship between ExlService Holdings Net Receivables and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ExlService Holdings. 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 economic analysis.
For more information on how to buy ExlService Stock please use our How to Invest in ExlService Holdings guide.

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ExlService Holdings Net Receivables account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between ExlService Holdings' Net Receivables and Inventory is -0.11. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of ExlService Holdings, assuming nothing else is changed. The correlation between historical values of ExlService Holdings' Net Receivables and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of ExlService Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., ExlService Holdings' Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

-0.11
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Receivables

Inventory

Most indicators from ExlService Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ExlService Holdings 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 ExlService Holdings. 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 economic analysis.
For more information on how to buy ExlService Stock please use our How to Invest in ExlService Holdings guide.At this time, ExlService Holdings' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.17 in 2024, whereas Tax Provision is likely to drop slightly above 31.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit431.4M515.4M607.8M638.2M
Total Revenue1.1B1.4B1.6B1.7B

ExlService Holdings fundamental ratios Correlations

0.980.790.30.640.810.49-0.540.980.990.920.960.870.930.590.950.731.00.830.750.940.770.870.840.150.92
0.980.660.380.60.780.55-0.490.910.990.820.960.820.870.550.950.690.960.850.630.940.810.810.770.120.89
0.790.66-0.220.540.580.13-0.550.890.710.930.730.750.810.380.70.590.820.630.860.710.380.890.810.160.74
0.30.38-0.220.160.550.650.240.20.380.160.20.180.250.610.220.380.260.030.140.150.570.00.170.290.17
0.640.60.540.160.43-0.02-0.670.650.610.620.620.50.750.630.690.340.630.530.390.650.230.520.65-0.340.65
0.810.780.580.550.430.74-0.050.790.840.790.650.640.760.780.630.830.780.540.80.580.820.80.750.490.65
0.490.550.130.65-0.020.740.240.40.560.370.380.340.320.430.350.580.450.330.440.330.780.40.350.540.32
-0.54-0.49-0.550.24-0.67-0.050.24-0.56-0.47-0.48-0.69-0.65-0.57-0.14-0.72-0.12-0.56-0.5-0.23-0.73-0.08-0.35-0.330.48-0.73
0.980.910.890.20.650.790.4-0.560.940.980.920.890.950.610.910.750.990.760.840.890.680.890.860.180.91
0.990.990.710.380.610.840.56-0.470.940.870.950.840.90.610.940.740.970.830.710.920.80.850.810.180.9
0.920.820.930.160.620.790.37-0.480.980.870.820.830.920.610.810.730.930.660.910.790.60.890.890.250.83
0.960.960.730.20.620.650.38-0.690.920.950.820.90.880.460.990.630.960.850.610.990.710.780.710.00.95
0.870.820.750.180.50.640.34-0.650.890.840.830.90.860.540.860.630.890.680.660.840.620.740.540.270.95
0.930.870.810.250.750.760.32-0.570.950.90.920.880.860.690.870.680.940.760.710.840.630.830.790.140.86
0.590.550.380.610.630.780.43-0.140.610.610.610.460.540.690.480.630.580.250.560.390.520.520.530.30.56
0.950.950.70.220.690.630.35-0.720.910.940.810.990.860.870.480.590.950.840.580.990.670.750.73-0.080.94
0.730.690.590.380.340.830.58-0.120.750.740.730.630.630.680.630.590.730.50.730.560.720.740.680.350.62
1.00.960.820.260.630.780.45-0.560.990.970.930.960.890.940.580.950.730.820.770.940.750.860.840.150.92
0.830.850.630.030.530.540.33-0.50.760.830.660.850.680.760.250.840.50.820.440.850.670.750.640.070.75
0.750.630.860.140.390.80.44-0.230.840.710.910.610.660.710.560.580.730.770.440.560.560.830.840.410.65
0.940.940.710.150.650.580.33-0.730.890.920.790.990.840.840.390.990.560.940.850.560.660.740.72-0.110.92
0.770.810.380.570.230.820.78-0.080.680.80.60.710.620.630.520.670.720.750.670.560.660.60.560.390.63
0.870.810.890.00.520.80.4-0.350.890.850.890.780.740.830.520.750.740.860.750.830.740.60.840.310.77
0.840.770.810.170.650.750.35-0.330.860.810.890.710.540.790.530.730.680.840.640.840.720.560.840.030.63
0.150.120.160.29-0.340.490.540.480.180.180.250.00.270.140.3-0.080.350.150.070.41-0.110.390.310.030.09
0.920.890.740.170.650.650.32-0.730.910.90.830.950.950.860.560.940.620.920.750.650.920.630.770.630.09
Click cells to compare fundamentals

ExlService Holdings Account Relationship Matchups

ExlService Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B1.3B1.3B1.4B1.5B
Total Stockholder Equity670.0M719.2M693.2M758.2M889.4M933.9M
Net Debt215.4M112.2M211.7M194.5M134.0M140.7M
Cash119.2M218.5M135.3M118.7M137.0M122.2M
Other Assets48.3M137.0M54.1M89.9M103.4M108.6M
Cash And Short Term Investments321.4M402.8M313.9M297.7M290.8M188.6M
Common Stock Shares Outstanding173.7M172.8M171.2M169.2M168.2M110.4M
Liabilities And Stockholders Equity1.2B1.2B1.3B1.3B1.4B1.5B
Other Stockholder Equity203.0M152.7M26.5M3.2M(67.4M)(64.0M)
Total Liab513.1M528.7M589.7M587.9M552.5M580.2M
Total Current Assets541.3M609.3M578.1M612.8M679.7M713.7M
Short Long Term Debt Total334.5M330.7M347.0M313.1M271.8M285.3M
Other Current Liab144.1M133.8M189.3M203.3M230.0M241.5M
Total Current Liabilities229.3M221.1M495.7M277.9M326.4M342.7M
Property Plant And Equipment Net165.5M184.8M162.7M138.2M165.2M173.5M
Current Deferred Revenue13.4M32.6M20M18.8M12.3M11.6M
Retained Earnings551.9M641.4M756.1M899.1M1.1B1.1B
Accounts Payable6.6M7.0M6.9M7.8M5.1M5.4M
Non Current Assets Total641.8M638.6M704.8M733.3M762.3M800.4M
Non Currrent Assets Other38.4M34.4M32.7M34.1M53.9M56.6M
Long Term Debt263.2M194.1M202.0M220M135M71.6M
Net Receivables171.9M165.3M214.5M275.9M329.4M345.9M
Common Stock Total Equity37K38K39K40K46K34.8K
Short Term Investments202.2M184.3M178.5M179.0M153.9M161.6M
Non Current Liabilities Total283.7M307.6M94.1M310.0M226.1M237.4M
Inventory23.4M21.7M36.0M4.9M5.6M5.3M
Other Current Assets24.6M41.2M67.8M55.0M59.4M62.4M
Property Plant And Equipment Gross165.5M184.8M162.7M138.2M388.9M408.3M
Accumulated Other Comprehensive Income(84.9M)(75.0M)(89.5M)(144.1M)(127.0M)(120.7M)
Treasury Stock(188.3M)(268.2M)(369.3M)(441.9M)(397.7M)(377.9M)
Short Term Debt65.3M44.1M278.6M45.1M77.8M81.7M
Common Stock37K38K39K40K203K213.2K
Property Plant Equipment79.1M184.8M162.7M138.2M158.9M166.8M
Other Liab14.5M20.8M25.6M41.5M47.7M50.1M
Good Will349.5M349.1M403.9M405.6M405.6M207.0M
Intangible Assets74.0M59.6M81.1M64.8M50.2M47.7M
Net Tangible Assets246.5M310.5M208.2M352.5M405.4M272.3M

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Additional Tools for ExlService Stock Analysis

When running ExlService Holdings' price analysis, check to measure ExlService Holdings' 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 ExlService Holdings is operating at the current time. Most of ExlService Holdings' value examination focuses on studying past and present price action to predict the probability of ExlService Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ExlService Holdings' price. Additionally, you may evaluate how the addition of ExlService Holdings to your portfolios can decrease your overall portfolio volatility.