Paymentus Capex To Revenue vs Average Inventory 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 Capex To Revenue and its Average Inventory 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.

Capex To Revenue vs Average Inventory

Capex To Revenue vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paymentus Holdings Capex To Revenue account and Average Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Paymentus Holdings' Capex To Revenue and Average Inventory is 0.45. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Average Inventory 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' Capex To Revenue and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Paymentus Holdings are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Capex To Revenue i.e., Paymentus Holdings' Capex To Revenue and Average Inventory go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

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.
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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