Inventronics Free Cash Flow Yield vs Days Sales Outstanding Analysis

IVX Stock

CAD 0.74 0.05 7.25%

Inventronics financial indicator trend analysis is infinitely more than just investigating Inventronics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Inventronics is a good investment. Please check the relationship between Inventronics Free Cash Flow Yield and its Days Sales Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inventronics. 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.

Free Cash Flow Yield vs Days Sales Outstanding

Free Cash Flow Yield vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Inventronics Free Cash Flow Yield account and Days Sales Outstanding. At this time, the significance of the direction appears to have strong relationship.

The correlation between Inventronics' Free Cash Flow Yield and Days Sales Outstanding is 0.64. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Inventronics, assuming nothing else is changed. The correlation between historical values of Inventronics' Free Cash Flow Yield 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 Free Cash Flow Yield of Inventronics 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 Free Cash Flow Yield i.e., Inventronics' Free Cash Flow Yield and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.64

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Days Sales Outstanding

Most indicators from Inventronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Inventronics 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 Inventronics. 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, Inventronics' Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to climb to 7.70 in 2024, whereas Tax Provision is likely to drop slightly above 108.2 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	2.3M	4.1M	1.7M	1.7M
Total Revenue	9.8M	14.2M	8.9M	7.9M

Gross Profit Total Revenue

Inventronics fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Retained Earnings	Accounts Payable	Non Current Assets Total	Long Term Debt	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Short Long Term Debt	Total Current Assets	Common Stock	Property Plant Equipment	Net Debt	Common Stock Shares Outstanding	Net Invested Capital	Net Working Capital	Other Liab	Capital Stock	Non Current Liabilities Other	Property Plant And Equipment Net
Total Assets		-0.69	0.39	0.98	0.93	0.96	0.45	0.87	0.06	0.71	0.26	0.89	0.9	0.52	-0.63	0.98	-0.98	0.75	-0.92	0.88	0.99	0.98	-0.75	-0.95	-0.75	0.82
Other Current Liab	-0.69		-0.04	-0.74	-0.73	-0.72	-0.33	-0.58	0.15	-0.48	-0.05	-0.64	-0.44	-0.08	0.94	-0.68	0.65	-0.47	0.73	-0.62	-0.7	-0.72	0.75	0.66	0.75	-0.56
Total Current Liabilities	0.39	-0.04		0.28	0.22	0.34	0.87	0.09	-0.26	0.75	-0.21	0.54	0.37	0.69	-0.03	0.48	-0.41	-0.08	-0.15	0.38	0.27	0.29	0.1	-0.45	0.1	0.0
Total Stockholder Equity	0.98	-0.74	0.28		0.93	0.95	0.38	0.84	-0.05	0.68	0.16	0.9	0.89	0.35	-0.68	0.97	-0.96	0.71	-0.92	0.84	0.99	0.99	-0.84	-0.93	-0.84	0.78
Net Tangible Assets	0.93	-0.73	0.22	0.93		0.99	0.36	0.87	0.15	0.61	0.29	0.81	0.81	0.4	-0.68	0.88	-0.91	0.79	-0.98	0.96	0.95	0.93	-0.82	-0.94	-0.82	0.84
Retained Earnings	0.96	-0.72	0.34	0.95	0.99		0.46	0.86	0.07	0.68	0.22	0.88	0.85	0.45	-0.65	0.93	-0.95	0.74	-0.96	0.96	0.96	0.95	-0.79	-0.98	-0.79	0.8
Accounts Payable	0.45	-0.33	0.87	0.38	0.36	0.46		0.18	-0.44	0.77	-0.34	0.62	0.27	0.48	-0.35	0.52	-0.49	-0.11	-0.27	0.45	0.34	0.35	-0.17	-0.56	-0.17	-0.02
Non Current Assets Total	0.87	-0.58	0.09	0.84	0.87	0.86	0.18		0.43	0.35	0.58	0.59	0.73	0.51	-0.5	0.76	-0.89	0.92	-0.83	0.84	0.9	0.82	-0.64	-0.86	-0.64	0.91
Long Term Debt	0.06	0.15	-0.26	-0.05	0.15	0.07	-0.44	0.43		-0.4	0.95	-0.32	0.04	0.48	0.19	-0.09	-0.06	0.63	-0.16	0.25	0.11	-0.01	0.16	-0.06	0.16	0.56
Net Receivables	0.71	-0.48	0.75	0.68	0.61	0.68	0.77	0.35	-0.4		-0.24	0.8	0.7	0.45	-0.5	0.8	-0.64	0.22	-0.57	0.6	0.63	0.69	-0.41	-0.67	-0.41	0.31
Non Current Liabilities Total	0.26	-0.05	-0.21	0.16	0.29	0.22	-0.34	0.58	0.95	-0.24		-0.16	0.16	0.56	-0.06	0.12	-0.24	0.74	-0.32	0.36	0.3	0.2	-0.03	-0.2	-0.03	0.72
Inventory	0.89	-0.64	0.54	0.9	0.81	0.88	0.62	0.59	-0.32	0.8	-0.16		0.81	0.33	-0.59	0.94	-0.88	0.4	-0.81	0.78	0.85	0.9	-0.74	-0.89	-0.74	0.51
Other Current Assets	0.9	-0.44	0.37	0.89	0.81	0.85	0.27	0.73	0.04	0.7	0.16	0.81		0.43	-0.35	0.9	-0.85	0.71	-0.8	0.76	0.9	0.9	-0.6	-0.82	-0.6	0.73
Total Liab	0.52	-0.08	0.69	0.35	0.4	0.45	0.48	0.51	0.48	0.45	0.56	0.33	0.43		-0.07	0.49	-0.52	0.48	-0.37	0.58	0.45	0.39	0.06	-0.53	0.06	0.53
Short Long Term Debt	-0.63	0.94	-0.03	-0.68	-0.68	-0.65	-0.35	-0.5	0.19	-0.5	-0.06	-0.59	-0.35	-0.07		-0.64	0.57	-0.38	0.71	-0.55	-0.63	-0.68	0.78	0.57	0.78	-0.52
Total Current Assets	0.98	-0.68	0.48	0.97	0.88	0.93	0.52	0.76	-0.09	0.8	0.12	0.94	0.9	0.49	-0.64		-0.94	0.63	-0.89	0.84	0.96	0.98	-0.74	-0.92	-0.74	0.73
Common Stock	-0.98	0.65	-0.41	-0.96	-0.91	-0.95	-0.49	-0.89	-0.06	-0.64	-0.24	-0.88	-0.85	-0.52	0.57	-0.94		-0.72	0.87	-0.89	-0.97	-0.94	0.72	0.98	0.72	-0.78
Property Plant Equipment	0.75	-0.47	-0.08	0.71	0.79	0.74	-0.11	0.92	0.63	0.22	0.74	0.4	0.71	0.48	-0.38	0.63	-0.72		-0.79	0.76	0.81	0.73	-0.52	-0.69	-0.52	0.97
Net Debt	-0.92	0.73	-0.15	-0.92	-0.98	-0.96	-0.27	-0.83	-0.16	-0.57	-0.32	-0.81	-0.8	-0.37	0.71	-0.89	0.87	-0.79		-0.92	-0.94	-0.94	0.87	0.89	0.87	-0.87
Common Stock Shares Outstanding	0.88	-0.62	0.38	0.84	0.96	0.96	0.45	0.84	0.25	0.6	0.36	0.78	0.76	0.58	-0.55	0.84	-0.89	0.76	-0.92		0.89	0.85	-0.66	-0.95	-0.66	0.81
Net Invested Capital	0.99	-0.7	0.27	0.99	0.95	0.96	0.34	0.9	0.11	0.63	0.3	0.85	0.9	0.45	-0.63	0.96	-0.97	0.81	-0.94	0.89		0.98	-0.79	-0.94	-0.79	0.86
Net Working Capital	0.98	-0.72	0.29	0.99	0.93	0.95	0.35	0.82	-0.01	0.69	0.2	0.9	0.9	0.39	-0.68	0.98	-0.94	0.73	-0.94	0.85	0.98		-0.83	-0.91	-0.83	0.81
Other Liab	-0.75	0.75	0.1	-0.84	-0.82	-0.79	-0.17	-0.64	0.16	-0.41	-0.03	-0.74	-0.6	0.06	0.78	-0.74	0.72	-0.52	0.87	-0.66	-0.79	-0.83		0.71	1.0	-0.62
Capital Stock	-0.95	0.66	-0.45	-0.93	-0.94	-0.98	-0.56	-0.86	-0.06	-0.67	-0.2	-0.89	-0.82	-0.53	0.57	-0.92	0.98	-0.69	0.89	-0.95	-0.94	-0.91	0.71		0.71	-0.74
Non Current Liabilities Other	-0.75	0.75	0.1	-0.84	-0.82	-0.79	-0.17	-0.64	0.16	-0.41	-0.03	-0.74	-0.6	0.06	0.78	-0.74	0.72	-0.52	0.87	-0.66	-0.79	-0.83	1.0	0.71		-0.62
Property Plant And Equipment Net	0.82	-0.56	0.0	0.78	0.84	0.8	-0.02	0.91	0.56	0.31	0.72	0.51	0.73	0.53	-0.52	0.73	-0.78	0.97	-0.87	0.81	0.86	0.81	-0.62	-0.74	-0.62

Click cells to compare fundamentals

Inventronics Account Relationship Matchups

Inventronics fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.3M	3.7M	5.2M	6.0M	6.1M	4.7M
Other Current Liab	95K	82K	62K	42K	37.8K	61.6K
Total Current Liabilities	527K	354K	892K	1.1M	607K	808.0K
Total Stockholder Equity	621K	1.3M	2.3M	2.9M	2.8M	1.5M
Net Tangible Assets	426K	621K	1.3M	2.3M	2.6M	2.8M
Retained Earnings	(1.8M)	(1.2M)	929K	1.3M	1.1M	1.2M
Accounts Payable	302K	148K	685K	619K	227K	442.6K
Non Current Assets Total	2.1M	2.3M	2.8M	2.5M	3.2M	2.7M
Long Term Debt	2.1M	2.1M	2.0M	2.0M	2.4M	2.4M
Net Receivables	307K	623K	846K	1.3M	574K	747.0K
Non Current Liabilities Total	2.1M	2.1M	2.0M	2.0M	2.7M	2.4M
Inventory	772K	652K	1.3M	1.9M	1.0M	995.9K
Other Current Assets	16K	26K	27K	37K	33K	27.2K
Total Liab	2.7M	2.4M	2.9M	3.1M	3.3M	3.2M
Total Current Assets	1.1M	1.4M	2.4M	3.5M	2.9M	2.0M
Property Plant Equipment	2.2M	2.1M	2.3M	2.3M	2.6M	2.5M
Net Debt	2.1M	1.9M	1.8M	1.6M	1.5M	1.5M
Net Invested Capital	2.7M	3.4M	4.3M	4.9M	5.3M	4.1M
Net Working Capital	620K	1.1M	1.5M	2.4M	2.3M	1.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Inventronics Stock Analysis

When running Inventronics' price analysis, check to measure Inventronics' 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 Inventronics is operating at the current time. Most of Inventronics' value examination focuses on studying past and present price action to predict the probability of Inventronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inventronics' price. Additionally, you may evaluate how the addition of Inventronics to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC