Paymentus Inventory Turnover vs Pocfratio 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 Inventory Turnover and its Pocfratio 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.

Inventory Turnover vs Pocfratio

Inventory Turnover vs Pocfratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Paymentus Holdings Inventory Turnover account and Pocfratio. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Paymentus Holdings' Inventory Turnover and Pocfratio is -0.29. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Pocfratio 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' Inventory Turnover and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Paymentus Holdings are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Inventory Turnover i.e., Paymentus Holdings' Inventory Turnover and Pocfratio go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Pocfratio

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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