VEEV Stock | | | USD 226.41 1.72 0.77% |
Veeva Systems financial indicator trend analysis is much more than just breaking down Veeva Systems Class prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veeva Systems Class is a good investment. Please check the relationship between Veeva Systems Ev To Operating Cash Flow and its Average Inventory accounts. Check out
World Market Map to better understand how to build diversified portfolios, which includes a position in Veeva Systems Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Ev To Operating Cash Flow vs Average Inventory
Ev To Operating Cash Flow vs Average Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Veeva Systems Class Ev To Operating Cash Flow account and
Average Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Veeva Systems' Ev To Operating Cash Flow and Average Inventory is 0.6. Overlapping area represents the amount of variation of Ev To Operating Cash Flow that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Veeva Systems Class, assuming nothing else is changed. The correlation between historical values of Veeva Systems' Ev To Operating Cash Flow 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 Ev To Operating Cash Flow of Veeva Systems Class 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 Ev To Operating Cash Flow i.e., Veeva Systems' Ev To Operating Cash Flow and Average Inventory go up and down completely randomly.
Correlation Coefficient | 0.6 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Ev To Operating Cash Flow
A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
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 Veeva Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veeva Systems Class 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 Veeva Systems Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Veeva Systems'
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 117.41 in 2024, whereas
Tax Provision is likely to drop slightly above 34.9
M in 2024.
Veeva Systems fundamental ratios Correlations
Click cells to compare fundamentals
Veeva Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Veeva Systems fundamental ratios Accounts
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Additional Tools for Veeva Stock Analysis
When running Veeva Systems' price analysis, check to
measure Veeva 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 Veeva Systems is operating at the current time. Most of Veeva Systems' value examination focuses on studying past and present price action to
predict the probability of Veeva Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veeva Systems' price. Additionally, you may evaluate how the addition of Veeva Systems to your portfolios can decrease your overall portfolio volatility.