Commerce Book Value Per Share vs Days Sales Outstanding Analysis

YCM Stock

CAD 4.82 0.18 3.60%

Commerce Split financial indicator trend analysis is way more than just evaluating Commerce Split Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Commerce Split Corp is a good investment. Please check the relationship between Commerce Split Book Value Per Share and its Days Sales Outstanding accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Commerce Split Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Book Value Per Share vs Days Sales Outstanding

Book Value Per Share vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commerce Split Corp Book Value Per Share account and Days Sales Outstanding. At this time, the significance of the direction appears to have no relationship.

The correlation between Commerce Split's Book Value Per Share and Days Sales Outstanding is 0.06. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Commerce Split Corp, assuming nothing else is changed. The correlation between historical values of Commerce Split's Book Value Per Share 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 Book Value Per Share of Commerce Split Corp 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 Book Value Per Share i.e., Commerce Split's Book Value Per Share and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.06

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

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 Sales Outstanding

Most indicators from Commerce Split's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commerce Split Corp 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Commerce Split Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 8th of January 2025, Selling General Administrative is likely to grow to about 229.7 K, while Sales General And Administrative To Revenue is likely to drop (0.20).

	2021	2022	2024	2025 (projected)
Cost Of Revenue	94.4K	81.4K	73.3K	75.1K
Research Development	1.73	2.57	2.96	2.52

Cost Of Revenue Research Development

Commerce Split fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Other Assets	Short Term Investments	Long Term Investments	Short Long Term Debt Total	Current Deferred Revenue	Non Current Liabilities Total	Inventory	Other Current Assets	Short Term Debt
Total Assets		-0.28	0.91	0.98	-0.47	-0.98	0.5	0.41	1.0	-0.99	-0.03	-0.03	0.99	0.96	-0.21	-0.03	-0.37	0.43	0.43	0.43	-0.42	0.2	0.43	-0.43	0.43
Other Current Liab	-0.28		-0.23	-0.2	0.88	0.24	-0.38	0.32	-0.32	0.33	0.29	0.65	-0.32	-0.17	-0.28	0.33	0.84	-0.59	-0.59	-0.24	0.3	-0.06	-0.16	0.2	-0.24
Total Current Liabilities	0.91	-0.23		0.91	-0.41	-0.84	0.4	0.36	0.91	-0.91	-0.11	-0.06	0.87	0.86	-0.11	-0.11	-0.29	0.33	0.33	0.31	-0.31	0.14	0.31	-0.31	0.31
Total Stockholder Equity	0.98	-0.2	0.91		-0.37	-0.96	0.41	0.36	0.98	-0.98	-0.02	-0.04	0.94	0.99	-0.13	-0.02	-0.26	0.31	0.31	0.29	-0.28	0.14	0.29	-0.29	0.29
Net Debt	-0.47	0.88	-0.41	-0.37		0.4	-0.55	-0.14	-0.47	0.48	0.2	0.26	-0.52	-0.33	-0.23	0.21	0.73	-0.54	-0.54	-0.47	0.55	-0.18	-0.38	0.43	-0.47
Retained Earnings	-0.98	0.24	-0.84	-0.96	0.4		-0.45	-0.35	-0.98	0.98	0.1	0.06	-0.97	-0.97	0.14	0.1	0.3	-0.34	-0.34	-0.32	0.31	-0.14	-0.31	0.31	-0.32
Accounts Payable	0.5	-0.38	0.4	0.41	-0.55	-0.45		0.5	0.47	-0.47	-0.1	-0.11	0.54	0.35	-0.21	-0.1	-0.36	0.4	0.4	0.37	-0.36	0.17	0.36	-0.36	0.37
Cash	0.41	0.32	0.36	0.36	-0.14	-0.35	0.5		0.32	-0.32	0.2	0.75	0.43	0.32	-0.24	0.24	0.27	-0.08	-0.08	0.45	-0.44	0.23	0.43	-0.43	0.45
Non Current Assets Total	1.0	-0.32	0.91	0.98	-0.47	-0.98	0.47	0.32		-1.0	-0.05	-0.11	0.98	0.96	-0.19	-0.06	-0.41	0.46	0.46	0.4	-0.39	0.19	0.4	-0.4	0.4
Non Currrent Assets Other	-0.99	0.33	-0.91	-0.98	0.48	0.98	-0.47	-0.32	-1.0		0.06	0.12	-0.98	-0.96	0.17	0.07	0.41	-0.45	-0.45	-0.39	0.39	-0.19	-0.39	0.39	-0.39
Cash And Short Term Investments	-0.03	0.29	-0.11	-0.02	0.2	0.1	-0.1	0.2	-0.05	0.06		0.26	-0.04	-0.02	-0.52	1.0	0.02	0.22	0.22	0.41	-0.37	0.0	0.46	-0.44	0.41
Net Receivables	-0.03	0.65	-0.06	-0.04	0.26	0.06	-0.11	0.75	-0.11	0.12	0.26		-0.02	-0.03	-0.2	0.31	0.55	-0.34	-0.34	0.29	-0.29	0.14	0.28	-0.28	0.29
Common Stock Shares Outstanding	0.99	-0.32	0.87	0.94	-0.52	-0.97	0.54	0.43	0.98	-0.98	-0.04	-0.02		0.92	-0.26	-0.04	-0.43	0.5	0.5	0.52	-0.51	0.24	0.51	-0.51	0.52
Other Stockholder Equity	0.96	-0.17	0.86	0.99	-0.33	-0.97	0.35	0.32	0.96	-0.96	-0.02	-0.03	0.92		-0.09	-0.02	-0.22	0.26	0.26	0.24	-0.23	0.12	0.24	-0.24	0.24
Total Liab	-0.21	-0.28	-0.11	-0.13	-0.23	0.14	-0.21	-0.24	-0.19	0.17	-0.52	-0.2	-0.26	-0.09		-0.52	0.21	-0.58	-0.58	-0.66	0.55	-0.34	-0.74	0.68	-0.66
Total Current Assets	-0.03	0.33	-0.11	-0.02	0.21	0.1	-0.1	0.24	-0.06	0.07	1.0	0.31	-0.04	-0.02	-0.52		0.05	0.2	0.2	0.42	-0.39	0.01	0.47	-0.45	0.42
Other Assets	-0.37	0.84	-0.29	-0.26	0.73	0.3	-0.36	0.27	-0.41	0.41	0.02	0.55	-0.43	-0.22	0.21	0.05		-0.9	-0.9	-0.57	0.6	-0.38	-0.55	0.58	-0.57
Short Term Investments	0.43	-0.59	0.33	0.31	-0.54	-0.34	0.4	-0.08	0.46	-0.45	0.22	-0.34	0.5	0.26	-0.58	0.2	-0.9		1.0	0.77	-0.75	0.38	0.79	-0.78	0.77
Long Term Investments	0.43	-0.59	0.33	0.31	-0.54	-0.34	0.4	-0.08	0.46	-0.45	0.22	-0.34	0.5	0.26	-0.58	0.2	-0.9	1.0		0.77	-0.75	0.38	0.79	-0.78	0.77
Short Long Term Debt Total	0.43	-0.24	0.31	0.29	-0.47	-0.32	0.37	0.45	0.4	-0.39	0.41	0.29	0.52	0.24	-0.66	0.42	-0.57	0.77	0.77		-0.98	0.46	0.99	-0.98	1.0
Current Deferred Revenue	-0.42	0.3	-0.31	-0.28	0.55	0.31	-0.36	-0.44	-0.39	0.39	-0.37	-0.29	-0.51	-0.23	0.55	-0.39	0.6	-0.75	-0.75	-0.98		-0.5	-0.96	0.98	-0.98
Non Current Liabilities Total	0.2	-0.06	0.14	0.14	-0.18	-0.14	0.17	0.23	0.19	-0.19	0.0	0.14	0.24	0.12	-0.34	0.01	-0.38	0.38	0.38	0.46	-0.5		0.48	-0.52	0.46
Inventory	0.43	-0.16	0.31	0.29	-0.38	-0.31	0.36	0.43	0.4	-0.39	0.46	0.28	0.51	0.24	-0.74	0.47	-0.55	0.79	0.79	0.99	-0.96	0.48		-0.99	0.99
Other Current Assets	-0.43	0.2	-0.31	-0.29	0.43	0.31	-0.36	-0.43	-0.4	0.39	-0.44	-0.28	-0.51	-0.24	0.68	-0.45	0.58	-0.78	-0.78	-0.98	0.98	-0.52	-0.99		-0.98
Short Term Debt	0.43	-0.24	0.31	0.29	-0.47	-0.32	0.37	0.45	0.4	-0.39	0.41	0.29	0.52	0.24	-0.66	0.42	-0.57	0.77	0.77	1.0	-0.98	0.46	0.99	-0.98

Click cells to compare fundamentals

Commerce Split Account Relationship Matchups

Commerce Split fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	10.7M	13.0M	11.4M	9.7M	8.8M	8.3M
Other Current Liab	16.0M	8.9M	8.8M	(50.4K)	(58.0K)	(55.1K)
Total Stockholder Equity	1.6M	3.9M	2.2M	627.5K	721.6K	757.7K
Net Debt	8.5M	8.8M	8.2M	(743.8K)	(855.3K)	(812.6K)
Cash	419.5K	195.0K	754.4K	743.8K	669.4K	635.9K
Non Current Assets Total	10.3M	12.8M	10.7M	9.0M	8.1M	7.7M
Non Currrent Assets Other	(10.3M)	(12.8M)	(10.7M)	(9.0M)	(10.3M)	(10.8M)
Cash And Short Term Investments	10.7M	13.0M	754.4K	743.8K	855.3K	812.6K
Net Receivables	117.0	399.0	226.0	424.0	487.6	463.22
Liabilities And Stockholders Equity	10.7M	13.0M	11.4M	9.7M	8.8M	8.3M
Other Stockholder Equity	1.6M	3.9M	2.2M	627.5K	564.7K	536.5K
Total Current Assets	10.7M	13.0M	754.7K	744.2K	855.8K	813.0K
Short Term Investments	10.3M	12.8M	10.7M	9.0M	8.1M	10.6M
Long Term Investments	10.3M	12.8M	10.7M	9.0M	8.1M	10.6M
Non Current Liabilities Total	120.6K	138.9K	210.0K	135.9K	156.3K	171.2K
Inventory	10.7M	13.0M	11.4M	9.7M	8.8M	10.2M
Other Current Assets	(10.7M)	(13.0M)	(11.4M)	(9.7M)	(11.2M)	(11.7M)

Pair Trading with Commerce Split

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Commerce Split position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Commerce Split will appreciate offsetting losses from the drop in the long position's value.

Moving together with Commerce Stock

0.72

ENB

Enbridge

Pair Corr

Moving against Commerce Stock

0.59	TD	Toronto Dominion Bank	Pair Corr
0.59	AQN	Algonquin Power Utilities	Pair Corr
0.48	IAU	i 80 Gold	Pair Corr
0.43	T	Telus Corp	Pair Corr
0.33	ATH	Athabasca Oil Corp	Pair Corr

The ability to find closely correlated positions to Commerce Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commerce Split when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Commerce Split - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Commerce Split Corp to buy it.

The correlation of Commerce Split is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Commerce Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commerce Split Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Commerce Split can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Other Information on Investing in Commerce Stock

Balance Sheet is a snapshot of the financial position of Commerce Split Corp at a specified time, usually calculated after every quarter, six months, or one year. Commerce Split Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Commerce Split and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Commerce currently owns. An asset can also be divided into two categories, current and non-current.

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Commerce Book Value Per Share vs Days Sales Outstanding Analysis

Book Value Per Share vs Days Sales Outstanding

Book Value Per Share vs Days Sales Outstanding Correlation Analysis

Correlation Coefficient

Book Value Per Share

Days Sales Outstanding

Commerce Split fundamental ratios Correlations

Commerce Split Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Commerce Split fundamental ratios Accounts

Pair Trading with Commerce Split

Moving together with Commerce Stock

Moving against Commerce Stock

Other Information on Investing in Commerce Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Current Assets	+ 1.0	Cash And Short Term Investments
Long Term Investments	+ 1.0	Short Term Investments
Short Term Debt	+ 1.0	Short Long Term Debt Total
Common Stock Shares Outstanding	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Stockholder Equity

Non Currrent Assets Other	- 1.0	Non Current Assets Total
Other Current Assets	- 0.99	Inventory
Non Currrent Assets Other	- 0.99	Total Assets
Short Term Debt	- 0.98	Other Current Assets
Short Term Debt	- 0.98	Current Deferred Revenue
Other Current Assets	- 0.98	Short Long Term Debt Total