Big Average Inventory vs Days Of Inventory On Hand Analysis
DSYWW Stock | 0.04 0 14.92% |
Big Tree financial indicator trend analysis is way more than just evaluating Big Tree Cloud prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Tree Cloud is a good investment. Please check the relationship between Big Tree Average Inventory and its Days Of Inventory On Hand accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Big Tree Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Average Inventory vs Days Of Inventory On Hand
Average Inventory vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Tree Cloud Average Inventory account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have no relationship.
The correlation between Big Tree's Average Inventory and Days Of Inventory On Hand is 0.02. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Big Tree Cloud, assuming nothing else is changed. The correlation between historical values of Big Tree's Average Inventory and Days Of Inventory On Hand 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 Inventory of Big Tree Cloud are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Average Inventory i.e., Big Tree's Average Inventory and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.02 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Days Of Inventory On Hand
Most indicators from Big Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Tree Cloud 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 Big Tree Cloud. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. At this time, Big Tree's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 208.71 in 2024, whereas Selling General Administrative is likely to drop slightly above 3 M in 2024.
2010 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 56.8K | 798.9K | 1.1M | 729.0K | Interest Income | 4.5K | 9.3K | 206.6K | 216.9K |
Big Tree fundamental ratios Correlations
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Big Tree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Big Tree's price analysis, check to measure Big Tree's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Big Tree is operating at the current time. Most of Big Tree's value examination focuses on studying past and present price action to predict the probability of Big Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Tree's price. Additionally, you may evaluate how the addition of Big Tree to your portfolios can decrease your overall portfolio volatility.