IQV Stock | | | USD 204.02 2.20 1.09% |
IQVIA Holdings financial indicator trend analysis is infinitely more than just investigating IQVIA Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IQVIA Holdings is a good investment. Please check the relationship between IQVIA Holdings Good Will and its Accounts Payable accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IQVIA Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
For more information on how to buy IQVIA Stock please use our
How to Invest in IQVIA Holdings guide.
Good Will vs Accounts Payable
Good Will vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
IQVIA Holdings Good Will account and
Accounts Payable. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between IQVIA Holdings' Good Will and Accounts Payable is 0.54. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of IQVIA Holdings, assuming nothing else is changed. The correlation between historical values of IQVIA Holdings' Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of IQVIA Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., IQVIA Holdings' Good Will and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.54 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Accounts Payable
An accounting item on the balance sheet that represents IQVIA Holdings obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of IQVIA Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from IQVIA Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IQVIA Holdings 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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IQVIA Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in producer price index.
For more information on how to buy IQVIA Stock please use our
How to Invest in IQVIA Holdings guide.
Tax Provision is likely to climb to about 106
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 1.5
B in 2024.
IQVIA Holdings fundamental ratios Correlations
Click cells to compare fundamentals
IQVIA Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
IQVIA Holdings fundamental ratios Accounts
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Additional Tools for IQVIA Stock Analysis
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measure IQVIA Holdings' 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 IQVIA Holdings is operating at the current time. Most of IQVIA Holdings' value examination focuses on studying past and present price action to
predict the probability of IQVIA Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IQVIA Holdings' price. Additionally, you may evaluate how the addition of IQVIA Holdings to your portfolios can decrease your overall portfolio volatility.