Workday Free Cash Flow Yield vs Cash Conversion Cycle Analysis

WDAY Stock  USD 258.05  2.08  0.80%   
Workday financial indicator trend analysis is more than just analyzing Workday current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Workday is a good investment. Please check the relationship between Workday Free Cash Flow Yield and its Cash Conversion Cycle accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. 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 Workday Stock please use our How to Invest in Workday guide.

Free Cash Flow Yield vs Cash Conversion Cycle

JavaScript chart by amCharts 3.21.1520162018202020222024-0.00200.0020.0040.0060.0080.0100.0120.0140.0160.0180.0200.0220.0240.0260.028 65707580859095100105
JavaScript chart by amCharts 3.21.15Free Cash Flow Yieldtotal: 0.15133757907198442Cash Conversion Cycletotal: 942.9751996647552

Free Cash Flow Yield vs Cash Conversion Cycle Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workday Free Cash Flow Yield account and Cash Conversion Cycle. At this time, the significance of the direction appears to have significant contrarian relationship.
Free Cash Flow YieldCash Conversion CycleDiversified AwayFree Cash Flow YieldCash Conversion CycleDiversified Away100%
The correlation between Workday's Free Cash Flow Yield and Cash Conversion Cycle is -0.38. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Cash Conversion Cycle in the same time period over historical financial statements of Workday, assuming nothing else is changed. The correlation between historical values of Workday's Free Cash Flow Yield and Cash Conversion Cycle is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Workday are associated (or correlated) with its Cash Conversion Cycle. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Conversion Cycle has no effect on the direction of Free Cash Flow Yield i.e., Workday's Free Cash Flow Yield and Cash Conversion Cycle go up and down completely randomly.

Correlation Coefficient

-0.38
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Cash Conversion Cycle

Most indicators from Workday's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Workday 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. 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 Workday Stock please use our How to Invest in Workday guide.At this time, Workday's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.13 in 2025, despite the fact that Tax Provision is likely to grow to (876.4 M).
 2022 2023 2024 2025 (projected)
Gross Profit4.5B5.5B6.3B6.6B
Total Revenue6.2B7.3B8.3B8.8B

Workday fundamental ratios Correlations

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0.670.710.690.670.70.610.570.70.70.670.70.680.710.630.030.7-0.510.630.710.70.610.710.70.340.64
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0.990.980.960.970.940.940.911.01.00.970.70.990.990.990.970.22-0.650.870.990.990.911.00.970.70.93
-0.55-0.76-0.64-0.61-0.75-0.43-0.35-0.63-0.64-0.47-0.51-0.63-0.56-0.72-0.45-0.32-0.65-0.75-0.63-0.61-0.42-0.65-0.68-0.75-0.45
0.850.880.910.860.830.80.760.870.890.770.630.890.860.860.80.140.87-0.750.850.860.830.890.870.640.85
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0.660.720.650.690.690.630.60.710.690.590.340.680.650.720.620.540.7-0.750.640.650.660.570.680.640.58
0.960.860.950.930.770.970.970.940.940.930.640.950.970.860.950.240.93-0.450.850.90.941.00.930.860.58
Click cells to compare fundamentals

Workday Account Relationship Matchups

Workday fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.7B10.5B13.5B16.5B18.9B19.9B
Property Plant And Equipment Net1.4B1.4B1.5B1.5B1.8B1.8B
Net Debt853.9M568.5M1.4B1.3B1.5B1.6B
Cash1.4B1.5B1.9B2.0B2.3B2.4B
Other Assets274.1M461.6M682.5M498.0M572.6M601.3M
Cash And Short Term Investments3.5B3.6B6.1B7.8B9.0B9.4B
Short Term Investments2.2B2.1B4.2B5.8B6.7B7.0B
Other Stockholder Equity6.2B7.3B8.6B9.8B11.3B11.8B
Total Liab5.4B6.0B7.9B8.4B9.6B10.1B
Property Plant And Equipment Gross1.4B1.4B1.5B2.8B3.2B3.4B
Accumulated Other Comprehensive Income(55.0M)7.7M53.1M21M24.2M25.4M
Common Stock Shares Outstanding237.0M254.0M254.8M265.3M305.1M231.6M
Short Long Term Debt Total2.2B2.1B3.2B3.3B3.8B4.0B
Other Current Liab361.3M518.0M732.7M831M955.7M1.0B
Total Current Liabilities4.3B5.1B4.6B5.1B5.8B6.1B
Total Stockholder Equity3.3B4.5B5.6B8.1B9.3B9.8B
Other Liab101.0M116.0M95.8M114.8M132.0M127.6M
Current Deferred Revenue2.6B3.1B3.6B4.1B4.7B4.9B
Retained Earnings(2.9B)(2.7B)(3.1B)(1.7B)(1.6B)(1.6B)
Accounts Payable75.6M55.5M153.8M78M89.7M94.2M
Non Current Assets Total3.9B5.3B5.4B6.5B7.5B7.9B
Non Currrent Assets Other317.5M414.1M505.8M572M657.8M690.7M
Long Term Debt691.9M617.4M3.0B3.0B3.4B3.6B
Net Receivables1.0B1.2B1.6B1.6B1.9B2.0B
Good Will1.8B1.8B2.8B2.8B3.3B3.4B
Common Stock Total Equity221K231K242K251K288.7K196.1K
Liabilities And Stockholders Equity8.7B10.5B13.5B16.5B18.9B19.9B
Non Current Liabilities Total1.2B895.6M3.3B3.3B3.8B4.0B
Other Current Assets233.9M327.4M416.7M487M560.1M588.1M
Total Current Assets4.8B5.2B8.1B9.9B11.4B12.0B
Short Term Debt1.3B1.4B182.3M346M397.9M405.5M
Intangible Assets248.6M391.0M305.5M259M297.9M153.0M
Common Stock231K242K251K259K297.9K202.9K
Property Plant Equipment936.2M972.4M1.4B1.5B1.7B1.8B
Net Tangible Assets358.9M1.5B1.3B2.4B2.8B2.9B
Retained Earnings Total Equity(2.1B)(2.6B)(2.9B)(2.7B)(2.5B)(2.6B)
Capital Surpluse4.1B5.1B6.3B7.3B8.4B8.8B
Deferred Long Term Liab222.4M271.8M341.3M421.0M484.1M508.3M

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