Quidel Price To Sales Ratio vs Days Sales Outstanding Analysis

QDEL Stock  USD 38.97  0.08  0.20%   
Quidel financial indicator trend analysis is much more than just breaking down Quidel prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Quidel is a good investment. Please check the relationship between Quidel Price To Sales Ratio and its Days Sales Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quidel. 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.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.

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 Quidel Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between Quidel's Price To Sales Ratio and Days Sales Outstanding is 0.23. 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 Quidel, assuming nothing else is changed. The correlation between historical values of Quidel's 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 Quidel 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., Quidel's Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Quidel stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Quidel sales, a figure that is much harder to manipulate than other Quidel 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 Quidel's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Quidel 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quidel. 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.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.At this time, Quidel's Selling General Administrative is quite stable compared to the past year. Enterprise Value is expected to rise to about 635.4 M this year, although the value of Tax Provision is projected to rise to (75.5 M).
 2022 2023 2024 2025 (projected)
Interest Expense75.7M117.5M163.5M171.7M
Depreciation And Amortization283.6M167.9K457.2M480.1M

Quidel fundamental ratios Correlations

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0.850.670.70.880.740.970.820.070.870.150.710.570.810.750.740.790.640.640.520.50.290.790.790.990.56
0.960.670.990.910.980.640.540.110.940.150.740.890.960.990.970.980.970.850.950.940.830.970.960.690.57
0.970.70.990.930.980.660.580.140.950.190.780.870.960.990.970.980.960.870.940.930.80.980.970.720.57
0.990.880.910.930.950.810.810.240.970.310.860.810.930.950.920.940.890.890.780.780.550.980.930.90.5
0.980.740.980.980.950.710.590.090.980.140.730.860.981.00.990.990.990.830.930.940.770.990.980.750.52
0.810.970.640.660.810.710.67-0.170.85-0.090.560.530.810.710.740.770.620.490.540.50.320.740.790.950.6
0.710.820.540.580.810.590.670.580.670.640.870.480.570.620.510.570.490.790.290.30.040.690.550.850.26
0.140.070.110.140.240.09-0.170.580.031.00.570.14-0.030.12-0.040.010.050.6-0.09-0.07-0.150.17-0.040.11-0.21
0.990.870.940.950.970.980.850.670.030.10.750.820.990.970.980.990.930.80.870.860.670.980.990.870.59
0.20.150.150.190.310.14-0.090.641.00.10.620.170.030.170.020.070.090.64-0.06-0.04-0.130.230.010.19-0.17
0.810.710.740.780.860.730.560.870.570.750.620.680.690.760.670.720.660.940.540.530.350.820.680.760.34
0.840.570.890.870.810.860.530.480.140.820.170.680.830.870.860.850.870.770.820.830.70.860.830.610.49
0.980.810.960.960.930.980.810.57-0.030.990.030.690.830.970.991.00.950.770.920.90.770.971.00.80.63
0.980.750.990.990.951.00.710.620.120.970.170.760.870.970.980.980.980.860.920.930.760.990.980.760.54
0.970.740.970.970.920.990.740.51-0.040.980.020.670.860.990.980.990.980.760.950.950.790.971.00.740.57
0.980.790.980.980.940.990.770.570.010.990.070.720.851.00.980.990.960.80.930.910.780.981.00.790.62
0.940.640.970.960.890.990.620.490.050.930.090.660.870.950.980.980.960.80.950.970.820.960.960.650.47
0.860.640.850.870.890.830.490.790.60.80.640.940.770.770.860.760.80.80.690.690.550.890.760.680.36
0.860.520.950.940.780.930.540.29-0.090.87-0.060.540.820.920.920.950.930.950.690.970.910.880.930.520.57
0.850.50.940.930.780.940.50.3-0.070.86-0.040.530.830.90.930.950.910.970.690.970.890.890.920.50.46
0.670.290.830.80.550.770.320.04-0.150.67-0.130.350.70.770.760.790.780.820.550.910.890.710.760.270.54
0.990.790.970.980.980.990.740.690.170.980.230.820.860.970.990.970.980.960.890.880.890.710.970.810.53
0.980.790.960.970.930.980.790.55-0.040.990.010.680.831.00.981.01.00.960.760.930.920.760.970.790.6
0.860.990.690.720.90.750.950.850.110.870.190.760.610.80.760.740.790.650.680.520.50.270.810.790.55
0.570.560.570.570.50.520.60.26-0.210.59-0.170.340.490.630.540.570.620.470.360.570.460.540.530.60.55
Click cells to compare fundamentals

Quidel Account Relationship Matchups

Quidel fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets1.9B2.4B8.9B8.6B6.4B6.7B
Short Long Term Debt Total108.5M138.6M2.8B2.6B509M534.5M
Other Current Liab111.3M134.9M363.8M335.7M405.6M425.9M
Total Current Liabilities337.0M323.5M1.0B833.8M998.8M1.0B
Total Stockholder Equity1.3B1.9B4.9B5.0B3.0B3.1B
Property Plant And Equipment Net211.0M476.8M1.5B1.6B1.5B1.6B
Net Debt(381.4M)(664.2M)2.5B2.5B410.7M431.2M
Retained Earnings945.0M1.6B2.2B2.2B135.8M167.1M
Cash489.9M802.8M292.9M118.9M98.3M83.0M
Non Current Assets Total728.8M990.1M7.3B7.3B5.2B5.5B
Cash And Short Term Investments489.9M802.8M345M167.3M98.3M87.9M
Net Receivables529.2M378M586.4M488.4M282.4M296.5M
Common Stock Shares Outstanding43.6M42.9M57.4M66.8M67.2M70.6M
Liabilities And Stockholders Equity1.9B2.4B8.9B8.6B6.4B6.7B
Non Current Liabilities Total201.5M177.5M2.9B2.7B2.4B2.6B
Inventory113.8M198.8M524.1M577.8M533.7M560.4M
Other Stockholder Equity388.1M279.8M2.8B2.8B2.9B3.0B
Total Liab538.5M501.0M3.9B3.6B3.4B3.6B
Property Plant And Equipment Gross211.0M616.9M1.5B2.1B2.3B2.4B
Total Current Assets1.1B1.4B1.6B1.3B1.2B1.3B
Accumulated Other Comprehensive Income(431K)355K(67.6M)(30M)(36.2M)(34.4M)
Short Term Debt7.8M10M231.9M166.5M341.8M358.9M
Non Currrent Assets Other13.5M19.6M122.7M179M270.7M284.2M
Other Current Assets9.5M19.2M119.6M77M304.5M319.7M
Accounts Payable86.3M101.5M283.3M294.8M246M258.3M
Intangible Assets122.4M98.7M3.1B2.9B2.7B2.9B
Current Deferred Revenue3.7M1.9M76.4M36.8M42.3M44.4M
Other Assets31.6M158.8M39.7M395.8M455.2M477.9M
Property Plant Equipment79.8M110.5M349.2M1.5B1.7B1.8B
Other Liab127.6M96.7M48.6M294.9M339.1M356.1M
Net Tangible Assets167.9M973.9M1.6B(666M)(765.9M)(727.6M)
Retained Earnings Total Equity61.8M134.7M945.0M1.6B1.9B2.0B
Capital Surpluse363.9M425.6M388.1M279.8M321.7M290.1M
Capital Lease Obligations108.5M138.6M186.4M199.5M198.3M208.2M

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When determining whether Quidel is a strong investment it is important to analyze Quidel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Quidel's future performance. For an informed investment choice regarding Quidel Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quidel. 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.
For more information on how to buy Quidel Stock please use our How to buy in Quidel Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quidel. If investors know Quidel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quidel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.77)
Earnings Share
(30.48)
Revenue Per Share
41.412
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0065
The market value of Quidel is measured differently than its book value, which is the value of Quidel that is recorded on the company's balance sheet. Investors also form their own opinion of Quidel's value that differs from its market value or its book value, called intrinsic value, which is Quidel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quidel's market value can be influenced by many factors that don't directly affect Quidel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quidel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Quidel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quidel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.