Tyler Inventory Turnover vs Ev To Sales Analysis

TYL Stock  USD 629.17  1.27  0.20%   
Tyler Technologies financial indicator trend analysis is much more than just breaking down Tyler Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tyler Technologies is a good investment. Please check the relationship between Tyler Technologies Inventory Turnover and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tyler Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.

Inventory Turnover vs Ev To Sales

Inventory Turnover vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tyler Technologies Inventory Turnover account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tyler Technologies' Inventory Turnover and Ev To Sales is -0.39. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Tyler Technologies, assuming nothing else is changed. The correlation between historical values of Tyler Technologies' Inventory Turnover and Ev To Sales 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 Tyler Technologies are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Inventory Turnover i.e., Tyler Technologies' Inventory Turnover and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.39
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.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Tyler Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tyler Technologies 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tyler Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.At this time, Tyler Technologies' Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 33.9 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.12.
 2021 2022 2023 2024 (projected)
Total Revenue1.6B1.9B2.0B2.0B
Depreciation And Amortization145.8M172.0M170.8M179.3M

Tyler Technologies fundamental ratios Correlations

0.840.990.980.930.70.970.460.990.10.380.980.650.840.790.890.970.960.880.980.950.930.910.20.630.63
0.840.760.710.650.940.710.220.870.160.130.740.361.00.940.870.690.960.60.90.910.870.610.360.350.35
0.990.760.990.920.620.980.450.980.070.360.990.70.760.740.880.980.910.870.960.90.920.960.250.730.73
0.980.710.990.960.540.990.530.960.10.460.990.70.710.680.830.990.870.920.920.880.870.950.110.680.68
0.930.650.920.960.460.950.610.90.00.580.950.770.670.540.70.960.820.930.850.870.740.87-0.10.510.51
0.70.940.620.540.460.54-0.130.760.12-0.20.580.170.940.920.740.530.860.330.810.770.810.50.430.310.31
0.970.710.980.990.950.540.550.950.140.470.990.690.710.690.850.980.870.920.920.880.870.950.120.680.68
0.460.220.450.530.61-0.130.550.360.140.980.510.540.220.090.410.50.330.820.330.450.220.37-0.220.130.13
0.990.870.980.960.90.760.950.360.10.280.970.610.870.830.890.950.970.820.990.940.950.910.240.640.64
0.10.160.070.10.00.120.140.140.10.030.08-0.460.130.330.230.040.110.110.08-0.030.280.17-0.060.130.13
0.380.130.360.460.58-0.20.470.980.280.030.430.570.15-0.040.270.440.250.760.240.40.090.27-0.360.020.02
0.980.740.990.990.950.580.990.510.970.080.430.720.750.710.860.980.90.910.940.90.890.940.170.680.68
0.650.360.70.70.770.170.690.540.61-0.460.570.720.380.180.470.70.540.740.60.650.430.640.080.530.53
0.841.00.760.710.670.940.710.220.870.130.150.750.380.910.850.70.960.610.90.920.860.60.320.330.33
0.790.940.740.680.540.920.690.090.830.33-0.040.710.180.910.90.650.90.510.870.810.920.650.460.480.48
0.890.870.880.830.70.740.850.410.890.230.270.860.470.850.90.790.910.760.920.860.940.790.50.650.65
0.970.690.980.990.960.530.980.50.950.040.440.980.70.70.650.790.860.890.910.870.850.940.090.660.66
0.960.960.910.870.820.860.870.330.970.110.250.90.540.960.90.910.860.760.980.970.940.790.310.520.52
0.880.60.870.920.930.330.920.820.820.110.760.910.740.610.510.760.890.760.780.820.690.8-0.020.50.5
0.980.90.960.920.850.810.920.330.990.080.240.940.60.90.870.920.910.980.780.950.960.870.340.630.63
0.950.910.90.880.870.770.880.450.94-0.030.40.90.650.920.810.860.870.970.820.950.850.750.190.420.42
0.930.870.920.870.740.810.870.220.950.280.090.890.430.860.920.940.850.940.690.960.850.880.430.720.72
0.910.610.960.950.870.50.950.370.910.170.270.940.640.60.650.790.940.790.80.870.750.880.220.840.84
0.20.360.250.11-0.10.430.12-0.220.24-0.06-0.360.170.080.320.460.50.090.31-0.020.340.190.430.220.50.5
0.630.350.730.680.510.310.680.130.640.130.020.680.530.330.480.650.660.520.50.630.420.720.840.51.0
0.630.350.730.680.510.310.680.130.640.130.020.680.530.330.480.650.660.520.50.630.420.720.840.51.0
Click cells to compare fundamentals

Tyler Technologies Account Relationship Matchups

Tyler Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.2B2.6B4.7B4.7B4.7B4.9B
Total Current Liabilities509.1M564.3M829.5M889.7M1.0B1.1B
Total Stockholder Equity1.6B2.0B2.3B2.6B2.9B3.1B
Property Plant And Equipment Net190.9M186.7M220.9M223.8M208.8M219.2M
Net Debt(209.5M)(581.4M)1.1B872.3M531.4M558.0M
Retained Earnings917.3M1.1B1.3B1.4B1.6B1.7B
Cash232.7M603.6M309.2M173.9M165.5M173.8M
Non Current Assets Total1.5B1.5B3.8B3.8B3.8B4.0B
Non Currrent Assets Other28.5M33.8M46.0M(90.7M)72.2M75.8M
Cash And Short Term Investments299.1M709.2M361.5M210.9M175.9M91.0M
Net Receivables380.6M403.9M539.2M577.3M619.7M650.7M
Common Stock Shares Outstanding40.1M41.5M42.2M42.4M42.8M37.9M
Liabilities And Stockholders Equity2.2B2.6B4.7B4.7B4.7B4.9B
Non Current Liabilities Total65.5M56.9M1.6B1.2B737.5M774.4M
Inventory(3.4M)(2.3M)(2.5M)55.5M50.0M52.5M
Other Current Assets2.3M33.3M63.7M59.1M65.0M68.3M
Other Stockholder Equity699.3M873.5M1.0B1.2B1.3B1.4B
Total Liab574.6M621.2M2.4B2.1B1.7B1.8B
Total Current Assets679.7M1.1B964.3M847.2M860.6M903.6M
Intangible Assets378.9M331.2M1.1B1.1B996.0M1.0B
Other Current Liab75.2M90.5M207.0M212.3M136.4M143.3M
Accounts Payable15.0M14.0M120.0M104.8M146.3M153.7M
Property Plant And Equipment Gross190.9M168.0M220.9M223.8M387.3M406.7M
Short Term Debt6.4M11.8M51.1M51.5M71.9M75.5M
Other Liab48.6M40.6M231.0M167.9M193.1M202.7M
Other Assets22.4M55.2M59.9M50.0M1.00.95
Treasury Stock(178.9M)(40.2M)(31.8M)(25.7M)(23.1M)(24.3M)
Property Plant Equipment171.9M168.0M220.9M223.8M257.3M270.2M
Current Deferred Revenue412.5M461.3M510.5M568.5M632.9M664.6M
Good Will840.1M838.4M2.4B2.5B2.5B2.7B
Short Term Investments66.4M105.5M52.3M37.0M10.4M9.9M
Net Tangible Assets463.5M832.9M(1.1B)(915.3M)(823.7M)(782.6M)
Retained Earnings Total Equity917.3M1.1B1.3B1.4B1.7B1.7B
Capital Surpluse739.5M905.3M1.1B1.2B1.4B696.1M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Tyler Technologies is a strong investment it is important to analyze Tyler Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tyler Technologies' future performance. For an informed investment choice regarding Tyler Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tyler Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tyler Technologies. If investors know Tyler will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tyler Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.582
Earnings Share
5.48
Revenue Per Share
48.923
Quarterly Revenue Growth
0.098
Return On Assets
0.0358
The market value of Tyler Technologies is measured differently than its book value, which is the value of Tyler that is recorded on the company's balance sheet. Investors also form their own opinion of Tyler Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tyler Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tyler Technologies' market value can be influenced by many factors that don't directly affect Tyler Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tyler Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyler Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyler Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.