Datametrex Average Payables vs Price To Sales Ratio Analysis

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Datametrex financial indicator trend analysis is much more than just examining Datametrex AI latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Datametrex AI is a good investment. Please check the relationship between Datametrex Average Payables and its Price To Sales Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Datametrex AI. 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.

Average Payables vs Price To Sales Ratio

Average Payables vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Datametrex AI Average Payables account and Price To Sales Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Datametrex's Average Payables and Price To Sales Ratio is -0.69. Overlapping area represents the amount of variation of Average Payables that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Datametrex AI, assuming nothing else is changed. The correlation between historical values of Datametrex's Average Payables and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Payables of Datametrex AI are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Average Payables i.e., Datametrex's Average Payables and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.69

Relationship Direction	Negative
Relationship Strength	Weak

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Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Datametrex AI stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Datametrex sales, a figure that is much harder to manipulate than other Datametrex AI 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.

Most indicators from Datametrex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Datametrex AI 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 Datametrex AI. 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.

At this time, Datametrex's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to climb to about 11.7 M in 2024, despite the fact that Tax Provision is likely to grow to (363.3 K).

Datametrex fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Accounts Payable	Other Stockholder Equity	Net Tangible Assets	Inventory	Intangible Assets	Property Plant Equipment	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Long Term Debt	Good Will	Net Invested Capital
Total Assets		0.84	0.95	-0.69	-0.5	0.93	0.93	0.97	0.72	0.78	0.97	0.82	0.79	0.73	0.7	-0.54	-0.1	0.98	0.64	0.34	-0.49	0.42	-0.39	0.58	-0.08	0.76
Total Current Liabilities	0.84		0.65	-0.27	-0.87	0.61	0.64	0.86	0.97	0.97	0.75	0.96	0.93	0.82	0.96	-0.83	0.26	0.85	0.84	0.61	-0.8	0.66	-0.35	0.62	-0.42	0.62
Total Stockholder Equity	0.95	0.65		-0.86	-0.22	0.99	0.98	0.9	0.48	0.56	0.97	0.63	0.59	0.64	0.46	-0.35	-0.33	0.93	0.45	0.08	-0.29	0.17	-0.32	0.43	0.17	0.7
Net Debt	-0.69	-0.27	-0.86		-0.23	-0.9	-0.88	-0.68	-0.05	-0.11	-0.79	-0.23	-0.17	-0.48	-0.07	0.09	0.61	-0.67	-0.1	0.4	-0.01	0.32	0.16	-0.06	-0.5	-0.46
Retained Earnings	-0.5	-0.87	-0.22	-0.23		-0.18	-0.21	-0.55	-0.96	-0.93	-0.37	-0.85	-0.86	-0.57	-0.94	0.75	-0.63	-0.52	-0.79	-0.83	0.78	-0.84	0.33	-0.65	0.75	-0.45
Cash	0.93	0.61	0.99	-0.9	-0.18		1.0	0.91	0.44	0.52	0.98	0.58	0.57	0.61	0.44	-0.31	-0.3	0.91	0.36	0.04	-0.21	0.13	-0.4	0.45	0.17	0.73
Cash And Short Term Investments	0.93	0.64	0.98	-0.88	-0.21	1.0		0.92	0.47	0.54	0.98	0.59	0.59	0.62	0.48	-0.33	-0.24	0.92	0.37	0.07	-0.23	0.15	-0.42	0.49	0.11	0.77
Net Receivables	0.97	0.86	0.9	-0.68	-0.55	0.91	0.92		0.75	0.79	0.96	0.84	0.81	0.77	0.75	-0.6	-0.01	0.96	0.63	0.32	-0.52	0.39	-0.43	0.59	-0.18	0.8
Common Stock Shares Outstanding	0.72	0.97	0.48	-0.05	-0.96	0.44	0.47	0.75		0.99	0.61	0.94	0.94	0.72	0.98	-0.81	0.44	0.74	0.85	0.75	-0.81	0.78	-0.35	0.67	-0.58	0.57
Total Liab	0.78	0.97	0.56	-0.11	-0.93	0.52	0.54	0.79	0.99		0.68	0.95	0.96	0.69	0.97	-0.75	0.42	0.79	0.81	0.77	-0.74	0.81	-0.44	0.73	-0.56	0.64
Total Current Assets	0.97	0.75	0.97	-0.79	-0.37	0.98	0.98	0.96	0.61	0.68		0.7	0.72	0.66	0.61	-0.42	-0.13	0.96	0.48	0.23	-0.34	0.31	-0.46	0.58	0.0	0.79
Common Stock	0.82	0.96	0.63	-0.23	-0.85	0.58	0.59	0.84	0.94	0.95	0.7		0.9	0.75	0.91	-0.78	0.24	0.79	0.85	0.62	-0.75	0.67	-0.32	0.6	-0.5	0.66
Other Current Liab	0.79	0.93	0.59	-0.17	-0.86	0.57	0.59	0.81	0.94	0.96	0.72	0.9		0.56	0.92	-0.69	0.41	0.79	0.67	0.78	-0.64	0.83	-0.51	0.79	-0.52	0.73
Accounts Payable	0.73	0.82	0.64	-0.48	-0.57	0.61	0.62	0.77	0.72	0.69	0.66	0.75	0.56		0.74	-0.81	-0.12	0.75	0.79	0.11	-0.78	0.16	-0.04	0.2	-0.06	0.33
Other Stockholder Equity	0.7	0.96	0.46	-0.07	-0.94	0.44	0.48	0.75	0.98	0.97	0.61	0.91	0.92	0.74		-0.79	0.45	0.71	0.8	0.7	-0.76	0.73	-0.45	0.66	-0.58	0.56
Net Tangible Assets	-0.54	-0.83	-0.35	0.09	0.75	-0.31	-0.33	-0.6	-0.81	-0.75	-0.42	-0.78	-0.69	-0.81	-0.79		-0.13	-0.54	-0.75	-0.37	0.95	-0.41	-0.1	-0.22	0.28	-0.25
Inventory	-0.1	0.26	-0.33	0.61	-0.63	-0.3	-0.24	-0.01	0.44	0.42	-0.13	0.24	0.41	-0.12	0.45	-0.13		-0.02	0.13	0.78	-0.17	0.72	-0.42	0.68	-0.91	0.33
Intangible Assets	0.98	0.85	0.93	-0.67	-0.52	0.91	0.92	0.96	0.74	0.79	0.96	0.79	0.79	0.75	0.71	-0.54	-0.02		0.66	0.35	-0.52	0.42	-0.36	0.61	-0.11	0.76
Property Plant Equipment	0.64	0.84	0.45	-0.1	-0.79	0.36	0.37	0.63	0.85	0.81	0.48	0.85	0.67	0.79	0.8	-0.75	0.13	0.66		0.42	-0.86	0.45	0.02	0.29	-0.37	0.29
Short Long Term Debt Total	0.34	0.61	0.08	0.4	-0.83	0.04	0.07	0.32	0.75	0.77	0.23	0.62	0.78	0.11	0.7	-0.37	0.78	0.35	0.42		-0.38	0.99	-0.51	0.82	-0.78	0.52
Other Liab	-0.49	-0.8	-0.29	-0.01	0.78	-0.21	-0.23	-0.52	-0.81	-0.74	-0.34	-0.75	-0.64	-0.78	-0.76	0.95	-0.17	-0.52	-0.86	-0.38		-0.41	-0.23	-0.18	0.32	-0.15
Property Plant And Equipment Net	0.42	0.66	0.17	0.32	-0.84	0.13	0.15	0.39	0.78	0.81	0.31	0.67	0.83	0.16	0.73	-0.41	0.72	0.42	0.45	0.99	-0.41		-0.52	0.83	-0.74	0.56
Current Deferred Revenue	-0.39	-0.35	-0.32	0.16	0.33	-0.4	-0.42	-0.43	-0.35	-0.44	-0.46	-0.32	-0.51	-0.04	-0.45	-0.1	-0.42	-0.36	0.02	-0.51	-0.23	-0.52		-0.75	0.39	-0.64
Long Term Debt	0.58	0.62	0.43	-0.06	-0.65	0.45	0.49	0.59	0.67	0.73	0.58	0.6	0.79	0.2	0.66	-0.22	0.68	0.61	0.29	0.82	-0.18	0.83	-0.75		-0.67	0.85
Good Will	-0.08	-0.42	0.17	-0.5	0.75	0.17	0.11	-0.18	-0.58	-0.56	0.0	-0.5	-0.52	-0.06	-0.58	0.28	-0.91	-0.11	-0.37	-0.78	0.32	-0.74	0.39	-0.67		-0.46
Net Invested Capital	0.76	0.62	0.7	-0.46	-0.45	0.73	0.77	0.8	0.57	0.64	0.79	0.66	0.73	0.33	0.56	-0.25	0.33	0.76	0.29	0.52	-0.15	0.56	-0.64	0.85	-0.46

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Datametrex Account Relationship Matchups

Datametrex fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.9M	10.0M	42.6M	36.0M	12.7M	11.2M
Total Current Liabilities	5.0M	6.1M	9.4M	9.4M	7.5M	7.8M
Total Stockholder Equity	2.9M	3.2M	32.5M	22.8M	1.0M	954.2K
Net Debt	330.2K	(1.5M)	(15.1M)	(4.4M)	4.8M	5.1M
Retained Earnings	(27.7M)	(32.7M)	(23.6M)	(40.8M)	(64.8M)	(61.5M)
Cash	119.7K	2.0M	15.4M	8.9M	341.2K	324.2K
Cash And Short Term Investments	119.7K	2.0M	18.0M	9.4M	1.1M	1.1M
Net Receivables	1.1M	1.7M	5.7M	3.4M	2.2M	1.3M
Common Stock Shares Outstanding	224.1M	254.3M	324.8M	387.2M	404.9M	425.1M
Liabilities And Stockholders Equity	7.9M	10.0M	42.6M	36.0M	12.7M	11.2M
Total Liab	5.0M	6.8M	10.2M	13.2M	11.7M	12.3M
Total Current Assets	1.2M	3.9M	23.8M	15.6M	3.7M	4.7M
Accumulated Other Comprehensive Income	(14.9K)	(17.3K)	8.3M	8.1M	8.9M	9.4M
Common Stock	27.7M	30.7M	47.8M	55.5M	56.8M	28.6M
Accounts Payable	2.1M	3.4M	4.7M	2.1M	1.5M	1.8M
Other Stockholder Equity	1.2M	2.8M	2.9M	5.2M	6.0M	6.3M
Net Tangible Assets	1.7M	(2.3M)	(3.1M)	(2.0M)	(1.8M)	(1.8M)
Non Current Assets Total	6.7M	6.1M	18.9M	20.4M	9.0M	10.5M
Non Currrent Assets Other	(215K)	7.9M	6.7M	(3.0M)	(3.5M)	(3.3M)
Non Current Liabilities Total	36.4K	698.3K	714.6K	3.8M	4.2M	4.5M
Other Current Assets	58.6K	234.3K	125.7K	2.8M	221.7K	210.6K
Intangible Assets	3.0M	2.3M	15.6M	10.7M	4.0M	6.0M
Property Plant Equipment	141.5K	159.2K	168.1K	141.2K	162.4K	138.0K
Short Long Term Debt Total	449.8K	518.6K	253.8K	4.5M	5.2M	5.4M
Property Plant And Equipment Net	168.1K	141.2K	298.8K	6.7M	6.6M	6.9M
Current Deferred Revenue	207.8K	262.5K	34.4K	29.0K	26.1K	24.8K
Long Term Debt	64.6K	20.2K	60K	225.1K	258.8K	271.8K
Net Invested Capital	3.3M	3.7M	32.5M	23.5M	27.0M	14.2M
Short Long Term Debt	385.7K	412.5K	30K	520.2K	468.2K	291.2K
Net Working Capital	(3.7M)	(2.2M)	14.3M	6.2M	7.1M	7.5M
Short Term Debt	429.6K	438.8K	134.2K	970.6K	1.2M	630.2K
Capital Stock	27.7M	30.7M	47.8M	55.5M	63.8M	41.4M

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