Udemy Book Value Per Share vs Days Payables Outstanding Analysis

UDMY Stock

USD 8.50 0.18 2.16%

Udemy financial indicator trend analysis is much more than just breaking down Udemy Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Udemy Inc is a good investment. Please check the relationship between Udemy Book Value Per Share and its Days Payables Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Udemy Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Book Value Per Share vs Days Payables Outstanding

Book Value Per Share vs Days Payables Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Udemy Inc Book Value Per Share account and Days Payables Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Udemy's Book Value Per Share and Days Payables Outstanding is -0.64. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of Udemy Inc, assuming nothing else is changed. The correlation between historical values of Udemy's Book Value Per Share and Days Payables 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 Book Value Per Share of Udemy Inc are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Book Value Per Share i.e., Udemy's Book Value Per Share and Days Payables Outstanding go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

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Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Days Payables Outstanding

Most indicators from Udemy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Udemy Inc 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 Udemy Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Enterprise Value is likely to rise to about 1.9 B in 2024, whereas Tax Provision is likely to drop slightly above 2.7 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	32K	4.3M	518K	492.1K
Depreciation And Amortization	15.3M	27.4M	24.6M	19.2M

Interest Expense Depreciation And Amortization

Udemy fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital
Total Assets		0.9	0.99	0.97	0.92	0.97	0.75	0.98	-0.94	-0.88	-0.1	0.94	0.99	0.65	0.96	1.0	0.98	0.55	0.77	-0.84	0.47	0.96	0.97	0.2	0.96	0.97
Other Current Liab	0.9		0.92	0.8	0.97	0.8	0.65	0.88	-0.89	-0.79	0.03	0.9	0.85	0.58	0.85	0.9	0.87	0.49	0.64	-0.55	0.46	0.87	0.78	0.56	0.84	0.8
Total Current Liabilities	0.99	0.92		0.95	0.95	0.94	0.79	0.99	-0.9	-0.92	-0.19	0.9	0.98	0.74	0.97	0.98	0.99	0.61	0.83	-0.79	0.41	0.97	0.95	0.29	0.97	0.95
Total Stockholder Equity	0.97	0.8	0.95		0.84	1.0	0.73	0.94	-0.91	-0.91	-0.2	0.92	0.96	0.59	0.9	0.97	0.94	0.65	0.81	-0.94	0.37	0.92	0.97	-0.02	0.91	1.0
Other Liab	0.92	0.97	0.95	0.84		0.84	0.63	0.93	-0.85	-0.88	-0.17	0.86	0.89	0.7	0.92	0.92	0.91	0.62	0.76	-0.62	0.29	0.94	0.84	0.49	0.92	0.84
Net Tangible Assets	0.97	0.8	0.94	1.0	0.84		0.72	0.94	-0.91	-0.91	-0.22	0.91	0.96	0.6	0.9	0.96	0.93	0.67	0.82	-0.94	0.35	0.92	0.97	-0.03	0.9	1.0
Property Plant And Equipment Net	0.75	0.65	0.79	0.73	0.63	0.72		0.8	-0.6	-0.71	-0.2	0.61	0.83	0.78	0.75	0.72	0.85	0.36	0.75	-0.64	0.53	0.71	0.73	0.21	0.75	0.73
Current Deferred Revenue	0.98	0.88	0.99	0.94	0.93	0.94	0.8		-0.85	-0.93	-0.26	0.86	0.99	0.79	0.99	0.96	1.0	0.62	0.87	-0.81	0.36	0.99	0.96	0.26	0.99	0.94
Net Debt	-0.94	-0.89	-0.9	-0.91	-0.85	-0.91	-0.6	-0.85		0.74	-0.16	-1.0	-0.88	-0.37	-0.81	-0.96	-0.85	-0.44	-0.56	0.77	-0.57	-0.83	-0.87	-0.18	-0.81	-0.91
Retained Earnings	-0.88	-0.79	-0.92	-0.91	-0.88	-0.91	-0.71	-0.93	0.74		0.52	-0.74	-0.9	-0.79	-0.9	-0.86	-0.91	-0.86	-0.96	0.8	-0.06	-0.93	-0.87	-0.12	-0.9	-0.91
Accounts Payable	-0.1	0.03	-0.19	-0.2	-0.17	-0.22	-0.2	-0.26	-0.16	0.52		0.16	-0.19	-0.62	-0.29	-0.05	-0.23	-0.74	-0.69	0.3	0.71	-0.3	-0.21	0.22	-0.28	-0.2
Cash	0.94	0.9	0.9	0.92	0.86	0.91	0.61	0.86	-1.0	-0.74	0.16		0.89	0.38	0.82	0.97	0.86	0.43	0.56	-0.77	0.58	0.84	0.88	0.19	0.82	0.92
Non Current Assets Total	0.99	0.85	0.98	0.96	0.89	0.96	0.83	0.99	-0.88	-0.9	-0.19	0.89		0.73	0.97	0.98	0.99	0.56	0.83	-0.86	0.46	0.96	0.98	0.16	0.97	0.96
Non Currrent Assets Other	0.65	0.58	0.74	0.59	0.7	0.6	0.78	0.79	-0.37	-0.79	-0.62	0.38	0.73		0.81	0.6	0.79	0.57	0.88	-0.5	0.04	0.78	0.67	0.35	0.81	0.59
Other Assets	0.96	0.85	0.97	0.9	0.92	0.9	0.75	0.99	-0.81	-0.9	-0.29	0.82	0.97	0.81		0.94	0.98	0.58	0.85	-0.79	0.32	0.99	0.96	0.27	1.0	0.9
Cash And Short Term Investments	1.0	0.9	0.98	0.97	0.92	0.96	0.72	0.96	-0.96	-0.86	-0.05	0.97	0.98	0.6	0.94		0.96	0.53	0.73	-0.84	0.49	0.95	0.96	0.2	0.94	0.97
Net Receivables	0.98	0.87	0.99	0.94	0.91	0.93	0.85	1.0	-0.85	-0.91	-0.23	0.86	0.99	0.79	0.98	0.96		0.58	0.86	-0.81	0.42	0.97	0.96	0.26	0.98	0.94
Common Stock Shares Outstanding	0.55	0.49	0.61	0.65	0.62	0.67	0.36	0.62	-0.44	-0.86	-0.74	0.43	0.56	0.57	0.58	0.53	0.58		0.85	-0.61	-0.41	0.64	0.56	-0.1	0.58	0.65
Short Term Investments	0.77	0.64	0.83	0.81	0.76	0.82	0.75	0.87	-0.56	-0.96	-0.69	0.56	0.83	0.88	0.85	0.73	0.86	0.85		-0.77	-0.05	0.86	0.8	0.05	0.85	0.81
Non Current Liabilities Total	-0.84	-0.55	-0.79	-0.94	-0.62	-0.94	-0.64	-0.81	0.77	0.8	0.3	-0.77	-0.86	-0.5	-0.79	-0.84	-0.81	-0.61	-0.77		-0.26	-0.8	-0.92	0.35	-0.79	-0.94
Inventory	0.47	0.46	0.41	0.37	0.29	0.35	0.53	0.36	-0.57	-0.06	0.71	0.58	0.46	0.04	0.32	0.49	0.42	-0.41	-0.05	-0.26		0.27	0.39	0.28	0.33	0.37
Other Current Assets	0.96	0.87	0.97	0.92	0.94	0.92	0.71	0.99	-0.83	-0.93	-0.3	0.84	0.96	0.78	0.99	0.95	0.97	0.64	0.86	-0.8	0.27		0.96	0.26	0.99	0.92
Other Stockholder Equity	0.97	0.78	0.95	0.97	0.84	0.97	0.73	0.96	-0.87	-0.87	-0.21	0.88	0.98	0.67	0.96	0.96	0.96	0.56	0.8	-0.92	0.39	0.96		0.03	0.96	0.97
Total Liab	0.2	0.56	0.29	-0.02	0.49	-0.03	0.21	0.26	-0.18	-0.12	0.22	0.19	0.16	0.35	0.27	0.2	0.26	-0.1	0.05	0.35	0.28	0.26	0.03		0.26	-0.02
Deferred Long Term Liab	0.96	0.84	0.97	0.91	0.92	0.9	0.75	0.99	-0.81	-0.9	-0.28	0.82	0.97	0.81	1.0	0.94	0.98	0.58	0.85	-0.79	0.33	0.99	0.96	0.26		0.91
Net Invested Capital	0.97	0.8	0.95	1.0	0.84	1.0	0.73	0.94	-0.91	-0.91	-0.2	0.92	0.96	0.59	0.9	0.97	0.94	0.65	0.81	-0.94	0.37	0.92	0.97	-0.02	0.91

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Udemy Book Value Per Share vs Days Payables Outstanding Analysis

Book Value Per Share vs Days Payables Outstanding

Book Value Per Share vs Days Payables Outstanding Correlation Analysis

Correlation Coefficient

Book Value Per Share

Days Payables Outstanding

Udemy fundamental ratios Correlations

Udemy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Udemy Stock Analysis

COMMON DESTINATIONS

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Cash And Short Term Investments	+ 1.0	Total Assets
Net Tangible Assets	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Total Stockholder Equity
Net Invested Capital	+ 1.0	Net Tangible Assets
Net Receivables	+ 1.0	Current Deferred Revenue
Deferred Long Term Liab	+ 1.0	Other Assets

Cash	- 1.0	Net Debt
Short Term Investments	- 0.96	Retained Earnings
Cash And Short Term Investments	- 0.96	Net Debt
Net Invested Capital	- 0.94	Non Current Liabilities Total
Non Current Liabilities Total	- 0.94	Net Tangible Assets
Non Current Liabilities Total	- 0.94	Total Stockholder Equity