Workday Ptb Ratio vs Days Sales Outstanding Analysis

WDAY Stock  USD 267.75  0.32  0.12%   
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 Ptb Ratio and its Days Sales Outstanding 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.

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 Workday Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have pay attention.
The correlation between Workday's Ptb Ratio and Days Sales Outstanding is -0.78. 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 Workday, assuming nothing else is changed. The correlation between historical values of Workday's 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 Workday 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., Workday's Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.78
Relationship DirectionNegative 
Relationship StrengthWeak

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 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 2024, despite the fact that Tax Provision is likely to grow to (973.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit3.7B4.5B5.5B5.8B
Total Revenue5.1B6.2B7.3B7.6B

Workday fundamental ratios Correlations

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Click cells to compare fundamentals

Workday Account Relationship Matchups

Workday fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.8B8.7B10.5B13.5B16.5B17.3B
Property Plant And Equipment Net1.2B1.4B1.4B1.5B1.5B1.6B
Net Debt838.7M853.9M568.5M1.4B1.3B1.3B
Cash731.1M1.4B1.5B1.9B2.0B2.1B
Other Assets274.1M461.6M682.5M498.0M572.6M601.3M
Cash And Short Term Investments1.9B3.5B3.6B6.1B7.8B8.2B
Short Term Investments1.2B2.2B2.1B4.2B5.8B6.1B
Other Stockholder Equity5.1B6.2B7.3B8.6B9.8B10.3B
Total Liab4.3B5.4B6.0B7.9B8.4B8.8B
Property Plant And Equipment Gross1.2B1.4B1.4B1.5B2.8B2.9B
Accumulated Other Comprehensive Income23.5M(55.0M)7.7M53.1M21M22.1M
Common Stock Shares Outstanding227.2M237.0M254.0M254.8M265.3M231.6M
Short Long Term Debt Total1.6B2.2B2.1B3.2B3.3B3.5B
Other Current Liab378.2M361.3M518.0M732.7M742M779.1M
Total Current Liabilities3.0B4.3B5.1B4.6B5.1B5.3B
Total Stockholder Equity2.5B3.3B4.5B5.6B8.1B8.5B
Other Liab101.0M116.0M95.8M114.8M132.0M127.6M
Current Deferred Revenue2.2B2.6B3.1B3.6B4.1B4.3B
Retained Earnings(2.6B)(2.9B)(2.7B)(3.1B)(1.7B)(1.8B)
Accounts Payable57.6M75.6M55.5M153.8M78M42.5M
Non Current Assets Total3.7B3.9B5.3B5.4B6.5B6.8B
Non Currrent Assets Other285.1M317.5M414.1M505.8M537M563.9M
Long Term Debt1.0B691.9M617.4M3.0B3.0B3.1B
Net Receivables877.6M1.0B1.2B1.6B1.6B1.7B
Good Will1.4B1.8B1.8B2.8B2.8B3.0B
Common Stock Total Equity221K231K242K251K288.7K196.1K
Liabilities And Stockholders Equity6.8B8.7B10.5B13.5B16.5B17.3B
Non Current Liabilities Total1.4B1.2B895.6M3.3B3.3B3.5B
Other Current Assets272.5M233.9M327.4M416.7M487M511.4M
Total Current Assets3.1B4.8B5.2B8.1B9.9B10.4B
Short Term Debt310.5M1.3B1.4B182.3M178M169.1M
Intangible Assets308.4M248.6M391.0M305.5M259M153.0M
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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