Venzee Ptb Ratio vs Days Sales Outstanding Analysis

VENZ Stock  CAD 0.16  0.01  6.67%   
Venzee Technologies financial indicator trend analysis is much more than just breaking down Venzee Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Venzee Technologies is a good investment. Please check the relationship between Venzee Technologies Ptb Ratio and its Days Sales Outstanding accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Venzee 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 nation.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Venzee Technologies Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Venzee Technologies' Ptb Ratio and Days Sales Outstanding is -0.14. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Venzee Technologies, assuming nothing else is changed. The correlation between historical values of Venzee Technologies' Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Venzee Technologies are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Venzee Technologies' Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.14
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Sales Outstanding

Most indicators from Venzee Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Venzee 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 Venzee 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 nation.
Sales General And Administrative To Revenue is likely to climb to 22.25 in 2024, whereas Selling General Administrative is likely to drop slightly above 587.8 K in 2024.

Venzee Technologies fundamental ratios Correlations

-0.390.040.94-0.920.340.960.190.970.49-0.12-0.190.27-0.010.97-0.37-0.170.240.620.060.14-0.230.09-0.23-0.220.6
-0.390.01-0.390.44-0.65-0.490.47-0.51-0.18-0.070.190.390.08-0.50.420.16-0.21-0.390.07-0.130.31-0.10.310.38-0.28
0.040.01-0.30.10.460.09-0.080.06-0.040.070.14-0.360.970.050.160.160.150.21-0.05-0.160.110.160.110.210.04
0.94-0.39-0.3-0.910.170.880.210.90.49-0.13-0.250.37-0.360.9-0.4-0.230.20.530.090.16-0.240.03-0.24-0.340.53
-0.920.440.1-0.91-0.25-0.92-0.05-0.93-0.3-0.070.13-0.440.15-0.920.430.1-0.16-0.70.03-0.190.34-0.070.340.2-0.68
0.34-0.650.460.17-0.250.35-0.360.420.490.15-0.48-0.360.420.43-0.65-0.47-0.170.32-0.140.47-0.53-0.04-0.530.090.27
0.96-0.490.090.88-0.920.35-0.050.990.3-0.04-0.020.170.040.99-0.37-0.010.230.71-0.070.1-0.280.13-0.28-0.220.71
0.190.47-0.080.21-0.05-0.36-0.05-0.040.29-0.25-0.060.42-0.1-0.040.27-0.040.26-0.20.35-0.240.330.070.33-0.14-0.25
0.97-0.510.060.9-0.930.420.99-0.040.42-0.06-0.160.170.021.0-0.43-0.150.20.69-0.020.18-0.30.09-0.3-0.190.67
0.49-0.18-0.040.49-0.30.490.30.290.42-0.35-0.860.03-0.080.44-0.41-0.860.020.070.470.32-0.11-0.16-0.110.0-0.09
-0.12-0.070.07-0.13-0.070.15-0.04-0.25-0.06-0.350.150.090.04-0.07-0.380.16-0.590.47-0.730.51-0.59-0.39-0.590.220.43
-0.190.190.14-0.250.13-0.48-0.02-0.06-0.16-0.860.15-0.020.19-0.180.41.00.150.08-0.4-0.50.130.310.13-0.090.28
0.270.39-0.360.37-0.44-0.360.170.420.170.030.09-0.02-0.330.18-0.18-0.02-0.140.080.030.15-0.2-0.02-0.20.070.24
-0.010.080.97-0.360.150.420.04-0.10.02-0.080.040.19-0.330.010.140.20.060.15-0.1-0.110.050.160.050.390.09
0.97-0.50.050.9-0.920.430.99-0.041.00.44-0.07-0.180.180.01-0.45-0.170.180.68-0.020.19-0.320.07-0.32-0.190.67
-0.370.420.16-0.40.43-0.65-0.370.27-0.43-0.41-0.380.4-0.180.14-0.450.430.57-0.450.36-0.740.930.10.93-0.22-0.61
-0.170.160.16-0.230.1-0.47-0.01-0.04-0.15-0.860.161.0-0.020.2-0.170.430.20.11-0.38-0.520.160.310.16-0.120.26
0.24-0.210.150.2-0.16-0.170.230.260.20.02-0.590.15-0.140.060.180.570.2-0.010.67-0.840.710.570.71-0.57-0.35
0.62-0.390.210.53-0.70.320.71-0.20.690.070.470.080.080.150.68-0.450.11-0.01-0.270.17-0.470.13-0.470.080.75
0.060.07-0.050.090.03-0.14-0.070.35-0.020.47-0.73-0.40.03-0.1-0.020.36-0.380.67-0.27-0.560.610.30.61-0.23-0.58
0.14-0.13-0.160.16-0.190.470.1-0.240.180.320.51-0.50.15-0.110.19-0.74-0.52-0.840.17-0.56-0.76-0.54-0.760.440.38
-0.230.310.11-0.240.34-0.53-0.280.33-0.3-0.11-0.590.13-0.20.05-0.320.930.160.71-0.470.61-0.760.161.0-0.35-0.72
0.09-0.10.160.03-0.07-0.040.130.070.09-0.16-0.390.31-0.020.160.070.10.310.570.130.3-0.540.160.16-0.070.01
-0.230.310.11-0.240.34-0.53-0.280.33-0.3-0.11-0.590.13-0.20.05-0.320.930.160.71-0.470.61-0.761.00.16-0.35-0.72
-0.220.380.21-0.340.20.09-0.22-0.14-0.190.00.22-0.090.070.39-0.19-0.22-0.12-0.570.08-0.230.44-0.35-0.07-0.350.19
0.6-0.280.040.53-0.680.270.71-0.250.67-0.090.430.280.240.090.67-0.610.26-0.350.75-0.580.38-0.720.01-0.720.19
Click cells to compare fundamentals

Venzee Technologies Account Relationship Matchups

Venzee Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets170.1K1.4M605.4K25.4K20.5K138.2K
Other Current Liab(13.7K)8.4K68.1K270.2K243.1K255.3K
Total Current Liabilities349.9K141.7K221.6K998.1K602.3K36.8K
Total Stockholder Equity(179.8K)1.3M383.8K(972.7K)(1.1M)101.4K
Net Debt35.3K(1.3M)(487.2K)181.6K876.5K920.3K
Retained Earnings(15.2M)(16.9M)(20.6M)(23.1M)(23.8M)(32.0M)
Cash53.2K1.3M534.3K3.6K17.3K132.7K
Cash And Short Term Investments53.2K1.3M534.3K3.6K3.2K3.0K
Net Receivables44.2K11.7K24.8K15.2K13.7K13.0K
Common Stock Shares Outstanding102.5M157.6M222.9M242.9M30.9M38.4M
Liabilities And Stockholders Equity170.1K1.4M605.4K25.4K22.9K21.7K
Other Stockholder Equity1.3M64.6K2.1M75.8K68.2K64.8K
Total Liab349.9K141.7K221.6K998.1K1.1M36.8K
Total Current Assets121.9K1.4M605.4K25.4K20.5K138.2K
Common Stock13.2M16.2M18.2M19.0M21.9M16.7M
Accounts Payable254.8K112.0K211.9K538.8K9.8K9.3K
Inventory(4.0K)(7.3K)(20.0K)(12.2K)(11.0K)(11.5K)
Other Current Assets14.9K31.7K93.0K58.5K52.7K32.2K
Short Long Term Debt Total88.5K47.1K47.1K185.2K166.6K236.9K
Current Deferred Revenue20.3K(25.9K)(105.4K)4.0K3.6K3.7K
Accumulated Other Comprehensive Income1.7M2.1M2.8M3.1M2.8M2.6M
Short Term Debt88.5K47.1K47.1K185.2K166.6K236.9K
Net Tangible Assets4.7M901.0K(202.2K)1.3M1.5M1.5M
Short Long Term Debt88.5K47.1K47.1K185.2K387.5K272.8K
Net Invested Capital(91.3K)1.3M430.9K(787.5K)(215.5K)(204.7K)
Net Working Capital(228.0K)1.3M383.8K(972.7K)(581.8K)(552.7K)
Capital Stock13.2M16.2M18.2M19.0M19.5M17.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Venzee Stock Analysis

When running Venzee Technologies' price analysis, check to measure Venzee Technologies' 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 Venzee Technologies is operating at the current time. Most of Venzee Technologies' value examination focuses on studying past and present price action to predict the probability of Venzee Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Venzee Technologies' price. Additionally, you may evaluate how the addition of Venzee Technologies to your portfolios can decrease your overall portfolio volatility.