LakeShore Payables Turnover vs Days Sales Outstanding Analysis

LSBPW Stock   0.04  0.01  33.33%   
LakeShore Biopharma financial indicator trend analysis is infinitely more than just investigating LakeShore Biopharma Co, recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LakeShore Biopharma Co, is a good investment. Please check the relationship between LakeShore Biopharma Payables Turnover and its Days Sales Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LakeShore Biopharma Co,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Payables Turnover vs Days Sales Outstanding

Payables Turnover vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LakeShore Biopharma Co, Payables Turnover account and Days Sales Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LakeShore Biopharma's Payables Turnover and Days Sales Outstanding is 0.57. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of LakeShore Biopharma Co,, assuming nothing else is changed. The correlation between historical values of LakeShore Biopharma's Payables Turnover 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 Payables Turnover of LakeShore Biopharma Co, 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 Payables Turnover i.e., LakeShore Biopharma's Payables Turnover and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

0.57
Relationship DirectionPositive 
Relationship StrengthWeak

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Days Sales Outstanding

Most indicators from LakeShore Biopharma's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LakeShore Biopharma Co, 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LakeShore Biopharma Co,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Sales General And Administrative To Revenue is likely to climb to 0.31 in 2024, despite the fact that Tax Provision is likely to grow to (20.6 M).
 2021 2022 2023 2024 (projected)
Interest Expense2.7M30.9M44.3M29.6M
Depreciation And Amortization31.2M36.7M42.2M37.9M

LakeShore Biopharma fundamental ratios Correlations

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LakeShore Biopharma Account Relationship Matchups

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