Skywater Pocfratio vs Days Sales Outstanding Analysis

SKYT Stock  USD 14.91  1.15  7.16%   
Skywater Technology financial indicator trend analysis is much more than just breaking down Skywater Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skywater Technology is a good investment. Please check the relationship between Skywater Technology Pocfratio and its Days Sales Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skywater Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Skywater Stock please use our How to Invest in Skywater Technology guide.

Pocfratio vs Days Sales Outstanding

JavaScript chart by amCharts 3.21.15201420162018202020222024-15-10-5051015202530354045505560 80859095100105110115120125130135140145150155160165
JavaScript chart by amCharts 3.21.15Pocfratiototal: -7.01182004231873Days Sales Outstandingtotal: 1.3K

Pocfratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skywater Technology Pocfratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
PocfratioDays Sales OutstandingDiversified AwayPocfratioDays Sales OutstandingDiversified Away100%
The correlation between Skywater Technology's Pocfratio and Days Sales Outstanding is 0.49. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Skywater Technology, assuming nothing else is changed. The correlation between historical values of Skywater Technology's Pocfratio 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 Pocfratio of Skywater Technology 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 Pocfratio i.e., Skywater Technology's Pocfratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Pocfratio

Days Sales Outstanding

Most indicators from Skywater Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skywater Technology 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Skywater Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Skywater Stock please use our How to Invest in Skywater Technology guide.At this time, Skywater Technology's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 7.9 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.02 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses49.6M55.7M74.1M53.9M
Cost Of Revenue170.3M187.0M227.4M179.0M

Skywater Technology fundamental ratios Correlations

0.830.69-0.12-0.710.79-0.270.84-0.020.86-0.340.720.740.630.220.570.860.670.50.580.69-0.050.5-0.610.770.07
0.830.650.17-0.880.96-0.090.84-0.260.93-0.670.860.920.910.510.760.920.830.870.770.59-0.220.87-0.810.780.0
0.690.65-0.16-0.740.580.380.690.120.79-0.470.860.810.730.360.90.810.780.580.90.80.420.58-0.820.510.57
-0.120.17-0.16-0.36-0.05-0.180.28-0.760.21-0.560.180.220.070.850.060.13-0.250.410.070.19-0.590.41-0.320.36-0.5
-0.71-0.88-0.74-0.36-0.760.09-0.860.44-0.920.83-0.89-0.96-0.87-0.75-0.86-0.91-0.74-0.88-0.86-0.760.21-0.880.96-0.890.02
0.790.960.58-0.05-0.76-0.10.74-0.160.84-0.520.740.820.90.30.670.820.870.810.680.41-0.210.81-0.680.660.0
-0.27-0.090.38-0.180.09-0.1-0.150.39-0.03-0.010.210.070.170.020.35-0.010.180.130.340.040.680.13-0.16-0.510.78
0.840.840.690.28-0.860.74-0.15-0.470.97-0.480.740.80.690.640.620.810.560.740.630.64-0.30.74-0.750.8-0.13
-0.02-0.260.12-0.760.44-0.160.39-0.47-0.350.35-0.06-0.23-0.19-0.74-0.02-0.080.11-0.49-0.030.030.87-0.490.28-0.470.78
0.860.930.790.21-0.920.84-0.030.97-0.35-0.60.860.910.830.620.770.910.730.830.780.7-0.180.83-0.850.80.02
-0.34-0.67-0.47-0.560.83-0.52-0.01-0.480.35-0.6-0.8-0.83-0.73-0.77-0.78-0.74-0.58-0.79-0.78-0.670.14-0.790.87-0.7-0.04
0.720.860.860.18-0.890.740.210.74-0.060.86-0.80.970.870.590.940.970.820.80.950.860.170.8-0.950.70.38
0.740.920.810.22-0.960.820.070.8-0.230.91-0.830.970.940.640.930.960.860.890.940.78-0.030.89-0.970.80.19
0.630.910.730.07-0.870.90.170.69-0.190.83-0.730.870.940.50.890.850.940.930.90.53-0.050.93-0.880.640.19
0.220.510.360.85-0.750.30.020.64-0.740.62-0.770.590.640.50.530.520.20.740.540.52-0.410.74-0.740.61-0.24
0.570.760.90.06-0.860.670.350.62-0.020.77-0.780.940.930.890.530.870.870.791.00.770.270.79-0.950.60.47
0.860.920.810.13-0.910.82-0.010.81-0.080.91-0.740.970.960.850.520.870.820.770.880.850.050.77-0.90.810.24
0.670.830.78-0.25-0.740.870.180.560.110.73-0.580.820.860.940.20.870.820.740.870.530.190.74-0.770.550.38
0.50.870.580.41-0.880.810.130.74-0.490.83-0.790.80.890.930.740.790.770.740.80.46-0.31.0-0.870.65-0.04
0.580.770.90.07-0.860.680.340.63-0.030.78-0.780.950.940.90.541.00.880.870.80.780.260.8-0.960.610.46
0.690.590.80.19-0.760.410.040.640.030.7-0.670.860.780.530.520.770.850.530.460.780.280.46-0.810.710.38
-0.05-0.220.42-0.590.21-0.210.68-0.30.87-0.180.140.17-0.03-0.05-0.410.270.050.19-0.30.260.28-0.3-0.02-0.390.96
0.50.870.580.41-0.880.810.130.74-0.490.83-0.790.80.890.930.740.790.770.741.00.80.46-0.3-0.870.65-0.04
-0.61-0.81-0.82-0.320.96-0.68-0.16-0.750.28-0.850.87-0.95-0.97-0.88-0.74-0.95-0.9-0.77-0.87-0.96-0.81-0.02-0.87-0.76-0.22
0.770.780.510.36-0.890.66-0.510.8-0.470.8-0.70.70.80.640.610.60.810.550.650.610.71-0.390.65-0.76-0.29
0.070.00.57-0.50.020.00.78-0.130.780.02-0.040.380.190.19-0.240.470.240.38-0.040.460.380.96-0.04-0.22-0.29
Click cells to compare fundamentals

Skywater Technology Account Relationship Matchups

Skywater Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab28.2M34.4M17.1M25.2M47.6M31.4M
Total Current Liabilities46.6M86.3M47.8M132.2M144.2M91.3M
Other Liab75.9M108.6M97.5M75.1M86.3M86.4M
Net Tangible Assets22.5M(4.6M)57.2M48.1M55.3M35.2M
Retained Earnings16.8M(3.8M)(54.5M)(94.1M)(125.2M)(118.9M)
Accounts Payable11.3M16.8M7.6M21.1M19.6M15.9M
Other Assets2.4M4.0M4.8M3.5M1.00.95
Net Receivables62.0M30.0M40.1M62.8M95.8M56.8M
Inventory16.0M27.2M17.5M13.4M15.3M14.3M
Total Current Assets84.5M76.6M74.4M116.6M146.4M98.4M
Common Stock7.3M3.8M398K437K470K446.5K
Property Plant Equipment101.9M178.1M180.5M180.1M207.1M164.3M

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