Paymentus Average Inventory vs Free Cash Flow Yield Analysis

PAY Stock  USD 36.44  0.13  0.36%   
Paymentus Holdings financial indicator trend analysis is much more than just breaking down Paymentus Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Paymentus Holdings is a good investment. Please check the relationship between Paymentus Holdings Average Inventory and its Free Cash Flow Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paymentus Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Paymentus Stock please use our How to Invest in Paymentus Holdings guide.

Average Inventory vs Free Cash Flow Yield

Average Inventory vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paymentus Holdings Average Inventory account and Free Cash Flow Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Paymentus Holdings' Average Inventory and Free Cash Flow Yield is -0.36. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Paymentus Holdings, assuming nothing else is changed. The correlation between historical values of Paymentus Holdings' Average Inventory and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of Paymentus Holdings are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Average Inventory i.e., Paymentus Holdings' Average Inventory and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.

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.
Most indicators from Paymentus Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Paymentus Holdings 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 Paymentus Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Paymentus Stock please use our How to Invest in Paymentus Holdings guide.Enterprise Value is likely to rise to about 3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 34.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit121.4M149.7M182.3M173.2M
Total Revenue395.5M497.0M614.5M1.0B

Paymentus Holdings fundamental ratios Correlations

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Paymentus Holdings Account Relationship Matchups

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