Movado Roe vs Days Sales Outstanding Analysis

MOV Stock

USD 19.07 0.32 1.71%

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

Roe vs Days Sales Outstanding

Roe vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Movado Group Roe account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Movado's Roe and Days Sales Outstanding is -0.22. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Movado Group, assuming nothing else is changed. The correlation between historical values of Movado's Roe 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 Roe of Movado Group 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 Roe i.e., Movado's Roe and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.22

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Roe

Days Sales Outstanding

Most indicators from Movado's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Movado Group 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 Movado Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Movado's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 12.8 M in 2024, whereas Enterprise Value is likely to drop slightly above 292.8 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	419.1M	433.9M	370.4M	270.6M
Total Revenue	732.4M	751.9M	672.6M	481.0M

Gross Profit Total Revenue

Movado fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Other Assets
Total Assets		0.4	0.71	0.85	0.9	0.62	-0.43	0.94	0.68	0.73	0.85	0.93	0.73	0.73	0.53	0.64	0.72	0.2	-0.44	0.78	0.38	0.87	0.27	0.56	0.75	0.62
Short Long Term Debt Total	0.4		0.1	0.44	0.05	0.77	0.54	0.21	0.29	0.03	0.69	0.48	0.0	0.45	-0.24	0.85	-0.05	-0.42	-0.4	0.77	0.54	0.03	0.41	0.44	0.41	0.27
Other Current Liab	0.71	0.1		0.72	0.65	0.29	-0.42	0.54	0.68	0.51	0.59	0.53	0.52	0.37	0.62	0.36	0.66	0.32	-0.01	0.53	0.0	0.64	-0.17	0.55	0.54	0.69
Total Current Liabilities	0.85	0.44	0.72		0.63	0.66	-0.33	0.71	0.74	0.67	0.72	0.87	0.67	0.84	0.35	0.66	0.54	-0.1	-0.52	0.85	0.42	0.74	0.45	0.45	0.76	0.65
Total Stockholder Equity	0.9	0.05	0.65	0.63		0.41	-0.69	0.93	0.56	0.75	0.61	0.75	0.77	0.53	0.76	0.27	0.87	0.52	-0.19	0.43	0.24	0.94	0.09	0.33	0.53	0.48
Property Plant And Equipment Net	0.62	0.77	0.29	0.66	0.41		-0.03	0.47	0.46	0.56	0.61	0.67	0.56	0.75	0.3	0.65	0.39	-0.09	-0.51	0.71	0.85	0.47	0.64	0.22	0.59	0.22
Net Debt	-0.43	0.54	-0.42	-0.33	-0.69	-0.03		-0.56	-0.31	-0.78	0.06	-0.33	-0.8	-0.3	-0.79	0.33	-0.69	-0.51	0.05	0.11	-0.07	-0.78	0.01	0.23	-0.18	-0.17
Retained Earnings	0.94	0.21	0.54	0.71	0.93	0.47	-0.56		0.57	0.77	0.72	0.89	0.77	0.66	0.51	0.5	0.71	0.24	-0.51	0.62	0.3	0.9	0.25	0.42	0.65	0.53
Accounts Payable	0.68	0.29	0.68	0.74	0.56	0.46	-0.31	0.57		0.52	0.6	0.61	0.54	0.5	0.4	0.46	0.52	0.0	-0.26	0.61	0.3	0.58	0.03	0.44	0.55	0.44
Cash	0.73	0.03	0.51	0.67	0.75	0.56	-0.78	0.77	0.52		0.38	0.73	0.99	0.72	0.68	0.24	0.66	0.2	-0.55	0.43	0.54	0.86	0.41	0.08	0.62	0.3
Non Current Assets Total	0.85	0.69	0.59	0.72	0.61	0.61	0.06	0.72	0.6	0.38		0.82	0.36	0.6	0.17	0.89	0.4	-0.05	-0.47	0.9	0.37	0.49	0.27	0.85	0.79	0.54
Non Currrent Assets Other	0.93	0.48	0.53	0.87	0.75	0.67	-0.33	0.89	0.61	0.73	0.82		0.71	0.89	0.3	0.74	0.49	-0.07	-0.67	0.86	0.5	0.79	0.48	0.51	0.83	0.53
Cash And Short Term Investments	0.73	0.0	0.52	0.67	0.77	0.56	-0.8	0.77	0.54	0.99	0.36	0.71		0.71	0.72	0.2	0.7	0.26	-0.5	0.4	0.54	0.89	0.39	0.05	0.59	0.29
Net Receivables	0.73	0.45	0.37	0.84	0.53	0.75	-0.3	0.66	0.5	0.72	0.6	0.89	0.71		0.26	0.62	0.35	-0.17	-0.71	0.76	0.72	0.66	0.71	0.28	0.81	0.28
Common Stock Shares Outstanding	0.53	-0.24	0.62	0.35	0.76	0.3	-0.79	0.51	0.4	0.68	0.17	0.3	0.72	0.26		-0.18	0.9	0.77	0.15	0.01	0.25	0.73	-0.04	0.02	0.28	0.17
Non Current Liabilities Total	0.64	0.85	0.36	0.66	0.27	0.65	0.33	0.5	0.46	0.24	0.89	0.74	0.2	0.62	-0.18		0.04	-0.43	-0.64	0.96	0.43	0.24	0.38	0.74	0.72	0.49
Inventory	0.72	-0.05	0.66	0.54	0.87	0.39	-0.69	0.71	0.52	0.66	0.4	0.49	0.7	0.35	0.9	0.04		0.7	0.02	0.24	0.19	0.84	0.03	0.17	0.35	0.45
Other Current Assets	0.2	-0.42	0.32	-0.1	0.52	-0.09	-0.51	0.24	0.0	0.2	-0.05	-0.07	0.26	-0.17	0.77	-0.43	0.7		0.47	-0.34	-0.13	0.39	-0.28	-0.03	-0.05	0.05
Other Stockholder Equity	-0.44	-0.4	-0.01	-0.52	-0.19	-0.51	0.05	-0.51	-0.26	-0.55	-0.47	-0.67	-0.5	-0.71	0.15	-0.64	0.02	0.47		-0.65	-0.57	-0.3	-0.71	-0.31	-0.69	-0.16
Total Liab	0.78	0.77	0.53	0.85	0.43	0.71	0.11	0.62	0.61	0.43	0.9	0.86	0.4	0.76	0.01	0.96	0.24	-0.34	-0.65		0.46	0.45	0.44	0.69	0.8	0.59
Property Plant And Equipment Gross	0.38	0.54	0.0	0.42	0.24	0.85	-0.07	0.3	0.3	0.54	0.37	0.5	0.54	0.72	0.25	0.43	0.19	-0.13	-0.57	0.46		0.3	0.74	0.07	0.58	-0.25
Total Current Assets	0.87	0.03	0.64	0.74	0.94	0.47	-0.78	0.9	0.58	0.86	0.49	0.79	0.89	0.66	0.73	0.24	0.84	0.39	-0.3	0.45	0.3		0.2	0.14	0.51	0.52
Short Term Debt	0.27	0.41	-0.17	0.45	0.09	0.64	0.01	0.25	0.03	0.41	0.27	0.48	0.39	0.71	-0.04	0.38	0.03	-0.28	-0.71	0.44	0.74	0.2		0.03	0.54	-0.11
Intangible Assets	0.56	0.44	0.55	0.45	0.33	0.22	0.23	0.42	0.44	0.08	0.85	0.51	0.05	0.28	0.02	0.74	0.17	-0.03	-0.31	0.69	0.07	0.14	0.03		0.72	0.42
Other Liab	0.75	0.41	0.54	0.76	0.53	0.59	-0.18	0.65	0.55	0.62	0.79	0.83	0.59	0.81	0.28	0.72	0.35	-0.05	-0.69	0.8	0.58	0.51	0.54	0.72		0.3
Other Assets	0.62	0.27	0.69	0.65	0.48	0.22	-0.17	0.53	0.44	0.3	0.54	0.53	0.29	0.28	0.17	0.49	0.45	0.05	-0.16	0.59	-0.25	0.52	-0.11	0.42	0.3

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Movado Account Relationship Matchups

Movado fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	847.3M	719.3M	761.2M	787.7M	769.1M	530.4M
Short Long Term Debt Total	148.9M	105.5M	76.4M	88.6M	92.1M	65.5M
Other Current Liab	58.7M	69.2M	73.6M	46.4M	30.6M	42.4M
Total Current Liabilities	109.3M	127.7M	151.5M	142.4M	113.1M	91.0M
Total Stockholder Equity	526.5M	425.3M	472.8M	507.6M	516.8M	357.7M
Property Plant And Equipment Net	118.8M	98.4M	88.1M	99.6M	102.1M	107.2M
Net Debt	(37.0M)	(118.3M)	(200.7M)	(163.0M)	(170.0M)	(161.5M)
Retained Earnings	455.5M	341.6M	413.6M	476.8M	470.3M	277.7M
Accounts Payable	35.5M	28.2M	46.0M	32.1M	32.8M	30.5M
Cash	185.9M	223.8M	277.1M	251.6M	262.1M	275.2M
Non Current Assets Total	382.8M	217.6M	207.3M	220.5M	225.2M	116.9M
Non Currrent Assets Other	59.3M	59.0M	62.5M	66.2M	71.8M	37.1M
Cash And Short Term Investments	185.9M	223.8M	277.1M	251.6M	262.5M	275.6M
Net Receivables	78.4M	101.8M	99.5M	105.2M	115.8M	92.8M
Common Stock Shares Outstanding	23.3M	23.2M	23.7M	23.0M	22.6M	26.2M
Liabilities And Stockholders Equity	847.3M	719.3M	761.2M	787.7M	769.1M	530.4M
Non Current Liabilities Total	207.6M	161.7M	132.6M	134.7M	137.1M	80.3M
Inventory	171.4M	152.6M	160.3M	186.2M	148.0M	159.5M
Other Current Assets	28.9M	23.5M	17.0M	24.2M	17.6M	30.4M
Other Stockholder Equity	(14.3M)	(9.3M)	(26.4M)	(50.8M)	(46.2M)	(43.9M)
Total Liab	316.9M	289.3M	284.1M	277.2M	250.1M	171.4M
Property Plant And Equipment Gross	118.8M	98.4M	88.1M	99.6M	208.5M	218.9M
Total Current Assets	464.6M	501.7M	553.9M	567.2M	543.9M	413.4M
Accumulated Other Comprehensive Income	85.1M	92.5M	85.3M	81.3M	92.3M	48.8M
Short Term Debt	15.1M	15.9M	13.7M	35.4M	31.4M	33.0M
Intangible Assets	42.4M	17.1M	13.5M	9.6M	7.5M	9.9M
Other Liab	96.4M	73.6M	72.0M	69.9M	80.4M	84.4M
Other Assets	85.0M	101.9M	105.7M	111.3M	1.0	0.95
Common Stock Total Equity	344K	346K	351K	353K	406.0K	316.5K
Treasury Stock	(222.8M)	(223.3M)	(249.0M)	(281.6M)	(253.4M)	(240.7M)
Common Stock	344K	346K	351K	353K	354K	319.4K
Property Plant Equipment	29.2M	98.6M	19.5M	18.7M	16.8M	16.0M
Net Tangible Assets	351.0M	408.2M	461.6M	498.0M	572.7M	467.2M
Retained Earnings Total Equity	455.5M	341.6M	413.6M	476.8M	548.3M	429.8M
Short Term Investments	340K	346K	413K	419K	401K	381.0K
Capital Surpluse	208.5M	214.0M	222.6M	230.8M	265.4M	209.4M

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Movado Roe vs Days Sales Outstanding Analysis

Roe vs Days Sales Outstanding

Roe vs Days Sales Outstanding Correlation Analysis

Correlation Coefficient

Roe

Days Sales Outstanding

Movado fundamental ratios Correlations

Movado Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Movado fundamental ratios Accounts

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Additional Tools for Movado Stock Analysis

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Cash And Short Term Investments	+ 0.99	Cash
Total Liab	+ 0.96	Non Current Liabilities Total
Retained Earnings	+ 0.94	Total Assets
Total Current Assets	+ 0.94	Total Stockholder Equity
Non Currrent Assets Other	+ 0.93	Total Assets
Retained Earnings	+ 0.93	Total Stockholder Equity

Cash And Short Term Investments	- 0.8	Net Debt
Common Stock Shares Outstanding	- 0.79	Net Debt
Total Current Assets	- 0.78	Net Debt
Cash	- 0.78	Net Debt
Short Term Debt	- 0.71	Other Stockholder Equity
Other Stockholder Equity	- 0.71	Net Receivables