Lightspeed Days Sales Outstanding vs Income Quality Analysis

LSPD Stock

CAD 25.66 0.66 2.64%

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

To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.

Days Sales Outstanding vs Income Quality

Days Sales Outstanding vs Income Quality Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lightspeed Commerce Days Sales Outstanding account and Income Quality. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Lightspeed Commerce's Days Sales Outstanding and Income Quality is -0.54. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Income Quality in the same time period over historical financial statements of Lightspeed Commerce, assuming nothing else is changed. The correlation between historical values of Lightspeed Commerce's Days Sales Outstanding and Income Quality is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Lightspeed Commerce are associated (or correlated) with its Income Quality. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Quality has no effect on the direction of Days Sales Outstanding i.e., Lightspeed Commerce's Days Sales Outstanding and Income Quality go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Days Sales Outstanding

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Most indicators from Lightspeed Commerce's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lightspeed Commerce 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 Lightspeed Commerce. 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.

To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.At this time, Lightspeed Commerce's Tax Provision is very stable compared to the past year. As of the 27th of November 2024, Selling General Administrative is likely to grow to about 108.9 M, while Issuance Of Capital Stock is likely to drop 0.00.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	104.5M	115.3M	109.6M	115.1M
Interest Income	5.9M	24.8M	44.0M	32.4M

Depreciation And Amortization Interest Income

Lightspeed Commerce fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Common Stock Shares Outstanding		0.86	-0.51	0.04	0.85	0.85	-0.52	0.77	0.87	0.82	-0.75	-0.78	0.77	0.8	0.87	0.84	0.86	-0.47	0.8	0.83	0.87	0.58	-0.42	-0.45	0.82	0.79
Total Assets	0.86		-0.73	0.22	0.98	1.0	-0.81	0.92	0.96	0.94	-0.95	-0.76	0.95	0.98	1.0	0.92	0.9	-0.73	0.98	0.82	0.99	0.8	-0.69	-0.71	0.79	0.74
Short Long Term Debt Total	-0.51	-0.73		-0.64	-0.81	-0.76	0.95	-0.88	-0.81	-0.82	0.88	0.77	-0.7	-0.8	-0.69	-0.81	-0.81	1.0	-0.8	-0.75	-0.68	-0.95	0.99	0.99	-0.72	-0.7
Other Current Liab	0.04	0.22	-0.64		0.33	0.25	-0.51	0.51	0.27	0.44	-0.39	-0.59	0.06	0.26	0.18	0.29	0.43	-0.65	0.26	0.48	0.18	0.62	-0.68	-0.68	0.54	0.58
Total Current Liabilities	0.85	0.98	-0.81	0.33		0.98	-0.85	0.95	0.99	0.99	-0.97	-0.83	0.93	0.98	0.96	0.96	0.93	-0.81	0.98	0.87	0.96	0.89	-0.78	-0.79	0.83	0.79
Total Stockholder Equity	0.85	1.0	-0.76	0.25	0.98		-0.83	0.93	0.96	0.95	-0.96	-0.77	0.95	0.99	0.99	0.92	0.9	-0.76	0.99	0.82	0.99	0.82	-0.72	-0.74	0.79	0.74
Other Liab	-0.52	-0.81	0.95	-0.51	-0.85	-0.83		-0.88	-0.82	-0.83	0.92	0.69	-0.79	-0.87	-0.77	-0.8	-0.75	0.96	-0.87	-0.69	-0.76	-0.91	0.96	0.96	-0.64	-0.61
Net Tangible Assets	0.77	0.92	-0.88	0.51	0.95	0.93	-0.88		0.92	0.94	-0.98	-0.9	0.86	0.94	0.89	0.89	0.95	-0.88	0.94	0.92	0.89	0.93	-0.85	-0.87	0.9	0.87
Property Plant And Equipment Net	0.87	0.96	-0.81	0.27	0.99	0.96	-0.82	0.92		0.96	-0.95	-0.81	0.91	0.96	0.95	0.96	0.95	-0.8	0.96	0.85	0.94	0.88	-0.75	-0.77	0.81	0.76
Current Deferred Revenue	0.82	0.94	-0.82	0.44	0.99	0.95	-0.83	0.94	0.96		-0.95	-0.87	0.87	0.94	0.93	0.96	0.93	-0.83	0.94	0.9	0.92	0.9	-0.8	-0.81	0.86	0.82
Net Debt	-0.75	-0.95	0.88	-0.39	-0.97	-0.96	0.92	-0.98	-0.95	-0.95		0.81	-0.94	-0.98	-0.93	-0.91	-0.91	0.88	-0.98	-0.85	-0.92	-0.92	0.85	0.87	-0.81	-0.76
Retained Earnings	-0.78	-0.76	0.77	-0.59	-0.83	-0.77	0.69	-0.9	-0.81	-0.87	0.81		-0.65	-0.76	-0.74	-0.84	-0.9	0.75	-0.76	-0.99	-0.73	-0.8	0.73	0.75	-0.98	-0.98
Accounts Payable	0.77	0.95	-0.7	0.06	0.93	0.95	-0.79	0.86	0.91	0.87	-0.94	-0.65		0.97	0.94	0.88	0.82	-0.7	0.97	0.74	0.94	0.76	-0.66	-0.68	0.67	0.61
Cash	0.8	0.98	-0.8	0.26	0.98	0.99	-0.87	0.94	0.96	0.94	-0.98	-0.76	0.97		0.96	0.91	0.88	-0.8	1.0	0.81	0.96	0.86	-0.76	-0.78	0.76	0.71
Non Current Assets Total	0.87	1.0	-0.69	0.18	0.96	0.99	-0.77	0.89	0.95	0.93	-0.93	-0.74	0.94	0.96		0.9	0.89	-0.69	0.96	0.81	1.0	0.77	-0.65	-0.67	0.78	0.73
Non Currrent Assets Other	0.84	0.92	-0.81	0.29	0.96	0.92	-0.8	0.89	0.96	0.96	-0.91	-0.84	0.88	0.91	0.9		0.9	-0.8	0.91	0.88	0.89	0.85	-0.77	-0.79	0.82	0.78
Other Assets	0.86	0.9	-0.81	0.43	0.93	0.9	-0.75	0.95	0.95	0.93	-0.91	-0.9	0.82	0.88	0.89	0.9		-0.78	0.88	0.92	0.88	0.88	-0.75	-0.77	0.92	0.9
Long Term Debt	-0.47	-0.73	1.0	-0.65	-0.81	-0.76	0.96	-0.88	-0.8	-0.83	0.88	0.75	-0.7	-0.8	-0.69	-0.8	-0.78		-0.8	-0.73	-0.68	-0.95	1.0	1.0	-0.7	-0.67
Cash And Short Term Investments	0.8	0.98	-0.8	0.26	0.98	0.99	-0.87	0.94	0.96	0.94	-0.98	-0.76	0.97	1.0	0.96	0.91	0.88	-0.8		0.81	0.96	0.86	-0.76	-0.78	0.76	0.71
Net Receivables	0.83	0.82	-0.75	0.48	0.87	0.82	-0.69	0.92	0.85	0.9	-0.85	-0.99	0.74	0.81	0.81	0.88	0.92	-0.73	0.81		0.8	0.79	-0.7	-0.73	0.99	0.97
Good Will	0.87	0.99	-0.68	0.18	0.96	0.99	-0.76	0.89	0.94	0.92	-0.92	-0.73	0.94	0.96	1.0	0.89	0.88	-0.68	0.96	0.8		0.75	-0.64	-0.66	0.77	0.73
Common Stock Total Equity	0.58	0.8	-0.95	0.62	0.89	0.82	-0.91	0.93	0.88	0.9	-0.92	-0.8	0.76	0.86	0.77	0.85	0.88	-0.95	0.86	0.79	0.75		-0.94	-0.94	0.76	0.74
Long Term Debt Total	-0.42	-0.69	0.99	-0.68	-0.78	-0.72	0.96	-0.85	-0.75	-0.8	0.85	0.73	-0.66	-0.76	-0.65	-0.77	-0.75	1.0	-0.76	-0.7	-0.64	-0.94		1.0	-0.67	-0.65
Non Current Liabilities Total	-0.45	-0.71	0.99	-0.68	-0.79	-0.74	0.96	-0.87	-0.77	-0.81	0.87	0.75	-0.68	-0.78	-0.67	-0.79	-0.77	1.0	-0.78	-0.73	-0.66	-0.94	1.0		-0.7	-0.68
Capital Surpluse	0.82	0.79	-0.72	0.54	0.83	0.79	-0.64	0.9	0.81	0.86	-0.81	-0.98	0.67	0.76	0.78	0.82	0.92	-0.7	0.76	0.99	0.77	0.76	-0.67	-0.7		1.0
Inventory	0.79	0.74	-0.7	0.58	0.79	0.74	-0.61	0.87	0.76	0.82	-0.76	-0.98	0.61	0.71	0.73	0.78	0.9	-0.67	0.71	0.97	0.73	0.74	-0.65	-0.68	1.0

Click cells to compare fundamentals

Lightspeed Commerce Account Relationship Matchups

Lightspeed Commerce fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	85.9M	105.2M	141.6M	150.4M	153.8M	111.8M
Total Assets	478.4M	2.1B	3.6B	2.7B	2.6B	1.6B
Other Current Liab	18.6M	114K	6.7M	6.9M	36.9M	38.7M
Total Current Liabilities	70.8M	113.4M	157.9M	150.5M	144.7M	102.3M
Total Stockholder Equity	344.1M	1.9B	3.4B	2.5B	2.4B	1.4B
Other Liab	10.5M	20.2M	7.3M	10.0M	9.0M	16.6M
Net Tangible Assets	171.5M	134.7M	727.9M	885.4M	1.0B	1.1B
Property Plant And Equipment Net	23.9M	29.5M	42.0M	40.5M	37.6M	25.9M
Current Deferred Revenue	36.6M	43.1M	65.2M	68.1M	67.3M	48.7M
Net Debt	(164.4M)	(751.7M)	(893.1M)	(775.0M)	(698.9M)	(663.9M)
Retained Earnings	(513.5M)	(637.8M)	(926.2M)	(2.0B)	(2.2B)	(2.1B)
Accounts Payable	12.3M	65.1M	78.3M	68.8M	33.5M	37.5M
Cash	211.0M	807.2M	953.7M	800.2M	722.1M	514.5M
Non Current Assets Total	245.2M	1.2B	2.6B	1.7B	1.7B	1.0B
Non Currrent Assets Other	11.7M	11.5M	21.4M	30.0M	18.5M	13.4M
Other Assets	11.9M	11.7M	21.6M	19.6M	22.6M	23.7M
Cash And Short Term Investments	211.0M	807.2M	953.7M	800.2M	722.1M	514.5M
Net Receivables	10.9M	24.8M	45.8M	84.3M	74.6M	78.3M
Good Will	146.6M	971.9M	2.1B	1.4B	1.3B	823.1M
Long Term Debt Total	43.2M	50.3M	52.9M	18.6M	16.7M	15.9M
Liabilities And Stockholders Equity	478.4M	2.1B	3.6B	2.7B	2.6B	1.6B
Non Current Liabilities Total	63.5M	57.6M	62.8M	20.8M	18.1M	17.2M
Capital Surpluse	11.8M	35.9M	123.8M	198.0M	227.7M	239.1M
Inventory	932K	1.6M	7.5M	12.8M	16.5M	17.3M
Other Current Assets	4.6M	24.2M	35.5M	37.0M	14.8M	16.6M
Other Stockholder Equity	5.5M	35.9M	123.8M	195.0M	213.9M	224.6M
Total Liab	134.3M	171.0M	220.7M	171.3M	162.8M	147.6M
Property Plant And Equipment Gross	23.9M	29.5M	42.0M	40.5M	71.4M	75.0M
Total Current Assets	233.2M	857.7M	1.0B	934.3M	917.9M	586.1M
Accumulated Other Comprehensive Income	(6.3M)	9.7M	2.7M	(3.1M)	(4.0M)	(3.8M)
Non Current Liabilities Other	18K	3.2M	1.0M	1.0M	967K	934.9K
Cash And Equivalents	211.0M	807.2M	953.7M	800.2M	920.2M	474.5M
Short Term Debt	3.3M	5.1M	7.6M	6.6M	6.9M	7.3M
Intangible Assets	62.8M	234.5M	409.6M	311.5M	227.0M	173.2M
Common Stock	852.1M	2.5B	4.2B	4.3B	4.4B	2.3B
Property Plant Equipment	23.9M	29.5M	42.0M	40.5M	46.5M	23.7M
Net Invested Capital	373.8M	2.0B	3.4B	2.5B	2.4B	1.7B

Pair Trading with Lightspeed Commerce

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lightspeed Commerce position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lightspeed Commerce will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lightspeed Stock

0.69

CTF-UN

Citadel Income

Pair Corr

Moving against Lightspeed Stock

0.74

DELX

DelphX Capital Markets Earnings Call Today

Pair Corr

The ability to find closely correlated positions to Lightspeed Commerce could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lightspeed Commerce when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lightspeed Commerce - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lightspeed Commerce to buy it.

The correlation of Lightspeed Commerce is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lightspeed Commerce moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lightspeed Commerce moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Lightspeed Commerce can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Lightspeed Commerce is a strong investment it is important to analyze Lightspeed Commerce's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lightspeed Commerce's future performance. For an informed investment choice regarding Lightspeed Stock, refer to the following important reports:

How To Invest In Lightspeed

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Is Lightspeed Stock a good investment?

Details

What is Lightspeed Commerce's Net Worth?

Details

Largest Systems Software Companies

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Largest Software - Application Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lightspeed Commerce. 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.

To learn how to invest in Lightspeed Stock, please use our How to Invest in Lightspeed Commerce guide.

You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Please note, there is a significant difference between Lightspeed Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lightspeed Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lightspeed Commerce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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

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Lightspeed Days Sales Outstanding vs Income Quality Analysis

Days Sales Outstanding vs Income Quality

Days Sales Outstanding vs Income Quality Correlation Analysis

Correlation Coefficient

Days Sales Outstanding

Income Quality

Lightspeed Commerce fundamental ratios Correlations

Lightspeed Commerce Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Lightspeed Commerce fundamental ratios Accounts

Pair Trading with Lightspeed Commerce

Moving together with Lightspeed Stock

Moving against Lightspeed Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Good Will	+ 1.0	Non Current Assets Total
Long Term Debt Total	+ 1.0	Long Term Debt

Net Receivables	- 0.99	Retained Earnings
Inventory	- 0.98	Retained Earnings
Capital Surpluse	- 0.98	Retained Earnings
Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Net Debt	- 0.98	Net Tangible Assets