| OSIS Stock | | | USD 168.99 4.08 2.47% |
OSI Systems financial indicator trend analysis is much more than just breaking down OSI Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether OSI Systems is a good investment. Please check the relationship between OSI Systems Accounts Payable and its Property Plant And Equipment Net accounts. Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy OSI Stock please use our
How to Invest in OSI Systems guide.
Accounts Payable vs Property Plant And Equipment Net
Accounts Payable vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
OSI Systems Accounts Payable account and
Property Plant And Equipment Net. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between OSI Systems' Accounts Payable and Property Plant And Equipment Net is -0.1. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of OSI Systems, assuming nothing else is changed. The correlation between historical values of OSI Systems' Accounts Payable and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of OSI Systems are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Accounts Payable i.e., OSI Systems' Accounts Payable and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | -0.1 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents OSI Systems 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 OSI Systems 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.
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most indicators from OSI Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into OSI Systems 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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in OSI Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
For more information on how to buy OSI Stock please use our
How to Invest in OSI Systems guide.
Enterprise Value is likely to gain to about 2.6
B in 2024, whereas
Selling General Administrative is likely to drop slightly above 158.5
M in 2024.
OSI Systems fundamental ratios Correlations
Click cells to compare fundamentals
OSI Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
OSI Systems fundamental ratios Accounts
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Additional Tools for OSI Stock Analysis
When running OSI Systems' price analysis, check to
measure OSI Systems' 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 OSI Systems is operating at the current time. Most of OSI Systems' value examination focuses on studying past and present price action to
predict the probability of OSI Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OSI Systems' price. Additionally, you may evaluate how the addition of OSI Systems to your portfolios can decrease your overall portfolio volatility.