Amdocs Total Assets vs Asset Turnover Analysis

DOX Stock  USD 84.89  0.21  0.25%   
Amdocs financial indicator trend analysis is way more than just evaluating Amdocs prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Amdocs is a good investment. Please check the relationship between Amdocs Total Assets and its Asset Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Amdocs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Amdocs Stock please use our How to Invest in Amdocs guide.

Total Assets vs Asset Turnover

Total Assets vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Amdocs Total Assets account and Asset Turnover. At this time, the significance of the direction appears to have pay attention.
The correlation between Amdocs' Total Assets and Asset Turnover is -0.74. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Amdocs, assuming nothing else is changed. The correlation between historical values of Amdocs' Total Assets and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Amdocs are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Total Assets i.e., Amdocs' Total Assets and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Total Assets

Total assets refers to the total amount of Amdocs assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Amdocs books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Amdocs' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Amdocs 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 Amdocs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Amdocs Stock please use our How to Invest in Amdocs guide.At this time, Amdocs' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 15.36 in 2025, whereas Selling General Administrative is likely to drop slightly above 399.5 M in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit1.7B1.8B2.0B1.1B
Total Revenue4.9B5.0B5.8B3.2B

Amdocs fundamental ratios Correlations

0.570.520.950.950.680.260.770.030.290.960.720.310.93-0.880.680.75-0.610.940.760.010.950.440.940.340.94
0.570.50.450.50.730.530.74-0.21-0.260.680.64-0.290.67-0.740.610.84-0.730.570.130.10.620.520.63-0.010.48
0.520.50.430.310.860.830.81-0.43-0.190.610.81-0.110.43-0.740.860.73-0.850.680.13-0.370.530.810.590.290.52
0.950.450.430.940.540.130.720.240.280.890.660.330.93-0.80.520.67-0.520.850.780.060.950.420.940.250.89
0.950.50.310.940.47-0.020.650.270.450.850.580.470.91-0.720.470.67-0.390.780.870.220.920.260.890.270.84
0.680.730.860.540.470.840.93-0.5-0.150.780.89-0.130.61-0.880.980.87-0.940.820.23-0.340.660.830.710.360.7
0.260.530.830.13-0.020.840.68-0.68-0.550.450.69-0.520.24-0.640.810.58-0.880.53-0.28-0.540.270.820.350.150.37
0.770.740.810.720.650.930.68-0.21-0.060.810.960.010.74-0.90.890.94-0.910.820.42-0.170.810.850.850.290.75
0.03-0.21-0.430.240.27-0.5-0.68-0.210.37-0.14-0.210.460.090.27-0.5-0.120.48-0.230.420.140.1-0.360.05-0.13-0.09
0.29-0.26-0.190.280.45-0.15-0.55-0.060.370.03-0.030.960.040.15-0.03-0.040.380.090.790.210.19-0.260.130.330.13
0.960.680.610.890.850.780.450.81-0.140.030.750.050.94-0.960.750.78-0.750.970.56-0.060.920.530.930.270.94
0.720.640.810.660.580.890.690.96-0.21-0.030.750.060.66-0.830.890.89-0.850.780.41-0.250.750.890.80.270.74
0.31-0.29-0.110.330.47-0.13-0.520.010.460.960.050.060.060.120.00.00.330.110.830.130.23-0.20.180.420.19
0.930.670.430.930.910.610.240.740.090.040.940.660.06-0.890.550.76-0.620.850.60.150.940.430.940.120.88
-0.88-0.74-0.74-0.8-0.72-0.88-0.64-0.90.270.15-0.96-0.830.12-0.89-0.83-0.840.89-0.94-0.40.12-0.87-0.69-0.9-0.24-0.89
0.680.610.860.520.470.980.810.89-0.5-0.030.750.890.00.55-0.830.8-0.890.840.3-0.420.630.80.680.440.72
0.750.840.730.670.670.870.580.94-0.12-0.040.780.890.00.76-0.840.8-0.820.730.41-0.070.790.730.810.250.67
-0.61-0.73-0.85-0.52-0.39-0.94-0.88-0.910.480.38-0.75-0.850.33-0.620.89-0.89-0.82-0.77-0.080.31-0.61-0.84-0.67-0.23-0.67
0.940.570.680.850.780.820.530.82-0.230.090.970.780.110.85-0.940.840.73-0.770.56-0.220.870.590.890.380.95
0.760.130.130.780.870.23-0.280.420.420.790.560.410.830.6-0.40.30.41-0.080.560.180.70.080.660.40.64
0.010.1-0.370.060.22-0.34-0.54-0.170.140.21-0.06-0.250.130.150.12-0.42-0.070.31-0.220.180.07-0.370.02-0.28-0.14
0.950.620.530.950.920.660.270.810.10.190.920.750.230.94-0.870.630.79-0.610.870.70.070.540.990.210.88
0.440.520.810.420.260.830.820.85-0.36-0.260.530.89-0.20.43-0.690.80.73-0.840.590.08-0.370.540.610.060.51
0.940.630.590.940.890.710.350.850.050.130.930.80.180.94-0.90.680.81-0.670.890.660.020.990.610.210.9
0.34-0.010.290.250.270.360.150.29-0.130.330.270.270.420.12-0.240.440.25-0.230.380.4-0.280.210.060.210.37
0.940.480.520.890.840.70.370.75-0.090.130.940.740.190.88-0.890.720.67-0.670.950.64-0.140.880.510.90.37
Click cells to compare fundamentals

Amdocs Account Relationship Matchups

Amdocs fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets6.5B6.4B6.4B6.4B7.3B4.6B
Short Long Term Debt Total881.2M826.8M807.3M789.7M908.2M953.6M
Other Current Liab851.9M787.1M802.0M962.1M1.1B1.2B
Total Current Liabilities1.3B1.3B1.4B1.5B1.7B1.0B
Total Stockholder Equity3.6B3.5B3.5B3.5B4.0B2.8B
Property Plant And Equipment Net931.9M971.2M951.9M904.9M1.0B1.1B
Net Debt172.1M253.5M287.2M443.7M510.2M535.7M
Retained Earnings5.9B6.2B6.5B6.8B7.9B8.2B
Accounts Payable121.2M134.4M293.3M305.9M351.8M392.9M
Cash709.1M573.4M520.1M346.1M398.0M708.0M
Non Current Assets Total4.4B4.4B4.5B4.6B5.3B2.7B
Non Currrent Assets Other630.7M574.9M631.6M704.5M810.1M850.6M
Cash And Short Term Investments965.6M818.0M742.5M514.3M591.5M1.0B
Net Receivables866.8M946.8M944.5M1.0B1.2B636.9M
Common Stock Shares Outstanding128.0M121.9M118.5M115.5M104.0M142.4M
Liabilities And Stockholders Equity6.5B6.4B6.4B6.4B7.3B4.6B
Non Current Liabilities Total1.6B1.6B1.5B1.4B1.6B1.7B
Other Current Assets235.1M238.4M224.6M228.5M262.8M305.0M
Other Stockholder Equity(2.3B)(2.6B)(3.0B)(3.4B)(3.0B)(2.9B)
Total Liab2.9B2.8B2.9B2.9B3.3B1.8B
Total Current Assets2.1B2.0B1.9B1.8B2.0B1.9B
Short Term Debt58.7M43.3M40.0M40.0M46.0M43.7M
Property Plant And Equipment Gross931.9M971.2M951.9M2.2B2.5B2.6B
Accumulated Other Comprehensive Income9.3M(72.5M)(53.3M)(4.4M)(4.0M)(4.2M)
Common Stock4.5M4.5M4.6M4.6M5.3M4.4M
Current Deferred Revenue237.4M253.7M170.6M115.2M132.5M182.1M
Other Liab542.4M586.2M750.3M793.9M913.0M469.4M
Other Assets423.9M488.6M630.7M574.9M661.2M386.6M
Long Term Debt644.6M645.1M645.7M646.3M743.2M780.4M
Good Will2.6B2.7B2.7B2.8B3.3B2.0B
Intangible Assets259.0M178.3M181.5M160.7M144.7M137.4M
Property Plant Equipment354.0M723.6M931.9M971.2M1.1B1.2B
Short Term Investments256.5M244.6M222.5M168.2M151.4M260.9M
Net Tangible Assets660.6M567.8M711.0M676.6M609.0M676.1M

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