Workday Roic vs Price To Sales Ratio Analysis

WDAY Stock

USD 270.19 2.50 0.93%

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 Roic and its Price To Sales Ratio 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.

Roic vs Price To Sales Ratio

Roic vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workday Roic account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Workday's Roic and Price To Sales Ratio is 0.91. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Workday, assuming nothing else is changed. The correlation between historical values of Workday's Roic and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roic of Workday are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Roic i.e., Workday's Roic and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Workday stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Workday sales, a figure that is much harder to manipulate than other Workday multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

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 Profit	3.7B	4.5B	5.5B	5.8B
Total Revenue	5.1B	6.2B	7.3B	7.6B

Gross Profit Total Revenue

Workday fundamental ratios Correlations

	Total Assets	Property Plant And Equipment Net	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Current Deferred Revenue	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total
Total Assets		0.94	0.95	0.97	0.93	0.96	0.94	0.99	0.99	0.97	0.61	0.98	0.99	0.96	0.99	0.22	0.99	-0.69	0.75	0.97	0.99	0.92	0.99	0.94	0.68	0.94
Property Plant And Equipment Net	0.94		0.94	0.92	0.95	0.83	0.77	0.96	0.97	0.92	0.67	0.95	0.94	0.99	0.88	0.19	0.97	-0.87	0.8	0.97	0.96	0.78	0.97	0.97	0.72	0.82
Net Debt	0.95	0.94		0.9	0.86	0.88	0.85	0.95	0.96	0.92	0.64	0.97	0.96	0.92	0.91	0.18	0.95	-0.76	0.83	0.94	0.96	0.9	0.96	0.92	0.64	0.93
Cash	0.97	0.92	0.9		0.93	0.95	0.91	0.97	0.97	0.91	0.62	0.98	0.96	0.95	0.94	0.25	0.96	-0.73	0.76	0.93	0.96	0.88	0.96	0.9	0.7	0.9
Other Assets	0.93	0.95	0.86	0.93		0.83	0.77	0.95	0.94	0.89	0.67	0.92	0.93	0.99	0.89	0.14	0.96	-0.79	0.73	0.96	0.94	0.73	0.95	0.96	0.67	0.76
Cash And Short Term Investments	0.96	0.83	0.88	0.95	0.83		0.99	0.94	0.94	0.93	0.51	0.95	0.93	0.86	0.97	0.3	0.92	-0.55	0.67	0.88	0.92	0.95	0.92	0.82	0.65	0.95
Short Term Investments	0.94	0.77	0.85	0.91	0.77	0.99		0.9	0.9	0.91	0.46	0.91	0.9	0.81	0.96	0.31	0.88	-0.47	0.62	0.83	0.88	0.95	0.88	0.77	0.61	0.95
Other Stockholder Equity	0.99	0.96	0.95	0.97	0.95	0.94	0.9		0.99	0.96	0.65	0.99	0.99	0.97	0.97	0.25	0.99	-0.77	0.78	0.98	0.98	0.89	0.99	0.95	0.73	0.91
Total Liab	0.99	0.97	0.96	0.97	0.94	0.94	0.9	0.99		0.95	0.65	0.99	0.99	0.98	0.96	0.25	1.0	-0.77	0.8	0.98	0.99	0.9	1.0	0.95	0.71	0.92
Property Plant And Equipment Gross	0.97	0.92	0.92	0.91	0.89	0.93	0.91	0.96	0.95		0.59	0.94	0.94	0.92	0.97	0.19	0.96	-0.61	0.63	0.96	0.95	0.87	0.95	0.91	0.6	0.9
Common Stock Shares Outstanding	0.61	0.67	0.64	0.62	0.67	0.51	0.46	0.65	0.65	0.59		0.64	0.63	0.66	0.55	0.02	0.65	-0.58	0.59	0.65	0.64	0.52	0.66	0.66	0.25	0.56
Short Long Term Debt Total	0.98	0.95	0.97	0.98	0.92	0.95	0.91	0.99	0.99	0.94	0.64		0.98	0.96	0.95	0.23	0.98	-0.76	0.81	0.96	0.98	0.91	0.99	0.93	0.7	0.94
Other Current Liab	0.99	0.94	0.96	0.96	0.93	0.93	0.9	0.99	0.99	0.94	0.63	0.98		0.96	0.96	0.24	0.99	-0.74	0.8	0.97	0.99	0.92	0.99	0.95	0.68	0.94
Total Current Liabilities	0.96	0.99	0.92	0.95	0.99	0.86	0.81	0.97	0.98	0.92	0.66	0.96	0.96		0.91	0.21	0.98	-0.84	0.78	0.98	0.97	0.78	0.98	0.97	0.72	0.82
Total Stockholder Equity	0.99	0.88	0.91	0.94	0.89	0.97	0.96	0.97	0.96	0.97	0.55	0.95	0.96	0.91		0.19	0.96	-0.58	0.67	0.95	0.96	0.92	0.96	0.91	0.63	0.93
Other Liab	0.22	0.19	0.18	0.25	0.14	0.3	0.31	0.25	0.25	0.19	0.02	0.23	0.24	0.21	0.19		0.25	-0.33	0.13	0.12	0.19	0.29	0.22	0.06	0.55	0.27
Current Deferred Revenue	0.99	0.97	0.95	0.96	0.96	0.92	0.88	0.99	1.0	0.96	0.65	0.98	0.99	0.98	0.96	0.25		-0.78	0.78	0.99	0.99	0.88	1.0	0.97	0.71	0.9
Retained Earnings	-0.69	-0.87	-0.76	-0.73	-0.79	-0.55	-0.47	-0.77	-0.77	-0.61	-0.58	-0.76	-0.74	-0.84	-0.58	-0.33	-0.78		-0.82	-0.75	-0.74	-0.53	-0.78	-0.78	-0.77	-0.57
Accounts Payable	0.75	0.8	0.83	0.76	0.73	0.67	0.62	0.78	0.8	0.63	0.59	0.81	0.8	0.78	0.67	0.13	0.78	-0.82		0.76	0.76	0.72	0.81	0.79	0.64	0.74
Non Current Assets Total	0.97	0.97	0.94	0.93	0.96	0.88	0.83	0.98	0.98	0.96	0.65	0.96	0.97	0.98	0.95	0.12	0.99	-0.75	0.76		0.98	0.83	0.99	0.99	0.65	0.86
Non Currrent Assets Other	0.99	0.96	0.96	0.96	0.94	0.92	0.88	0.98	0.99	0.95	0.64	0.98	0.99	0.97	0.96	0.19	0.99	-0.74	0.76	0.98		0.89	0.99	0.96	0.67	0.91
Long Term Debt	0.92	0.78	0.9	0.88	0.73	0.95	0.95	0.89	0.9	0.87	0.52	0.91	0.92	0.78	0.92	0.29	0.88	-0.53	0.72	0.83	0.89		0.88	0.79	0.57	1.0
Net Receivables	0.99	0.97	0.96	0.96	0.95	0.92	0.88	0.99	1.0	0.95	0.66	0.99	0.99	0.98	0.96	0.22	1.0	-0.78	0.81	0.99	0.99	0.88		0.97	0.69	0.91
Good Will	0.94	0.97	0.92	0.9	0.96	0.82	0.77	0.95	0.95	0.91	0.66	0.93	0.95	0.97	0.91	0.06	0.97	-0.78	0.79	0.99	0.96	0.79	0.97		0.64	0.82
Common Stock Total Equity	0.68	0.72	0.64	0.7	0.67	0.65	0.61	0.73	0.71	0.6	0.25	0.7	0.68	0.72	0.63	0.55	0.71	-0.77	0.64	0.65	0.67	0.57	0.69	0.64		0.58
Non Current Liabilities Total	0.94	0.82	0.93	0.9	0.76	0.95	0.95	0.91	0.92	0.9	0.56	0.94	0.94	0.82	0.93	0.27	0.9	-0.57	0.74	0.86	0.91	1.0	0.91	0.82	0.58

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Workday Account Relationship Matchups

Workday fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.8B	8.7B	10.5B	13.5B	16.5B	17.3B
Property Plant And Equipment Net	1.2B	1.4B	1.4B	1.5B	1.5B	1.6B
Net Debt	838.7M	853.9M	568.5M	1.4B	1.3B	1.3B
Cash	731.1M	1.4B	1.5B	1.9B	2.0B	2.1B
Other Assets	274.1M	461.6M	682.5M	498.0M	572.6M	601.3M
Cash And Short Term Investments	1.9B	3.5B	3.6B	6.1B	7.8B	8.2B
Short Term Investments	1.2B	2.2B	2.1B	4.2B	5.8B	6.1B
Other Stockholder Equity	5.1B	6.2B	7.3B	8.6B	9.8B	10.3B
Total Liab	4.3B	5.4B	6.0B	7.9B	8.4B	8.8B
Property Plant And Equipment Gross	1.2B	1.4B	1.4B	1.5B	2.8B	2.9B
Accumulated Other Comprehensive Income	23.5M	(55.0M)	7.7M	53.1M	21M	22.1M
Common Stock Shares Outstanding	227.2M	237.0M	254.0M	254.8M	265.3M	231.6M
Short Long Term Debt Total	1.6B	2.2B	2.1B	3.2B	3.3B	3.5B
Other Current Liab	378.2M	361.3M	518.0M	732.7M	742M	779.1M
Total Current Liabilities	3.0B	4.3B	5.1B	4.6B	5.1B	5.3B
Total Stockholder Equity	2.5B	3.3B	4.5B	5.6B	8.1B	8.5B
Other Liab	101.0M	116.0M	95.8M	114.8M	132.0M	127.6M
Current Deferred Revenue	2.2B	2.6B	3.1B	3.6B	4.1B	4.3B
Retained Earnings	(2.6B)	(2.9B)	(2.7B)	(3.1B)	(1.7B)	(1.8B)
Accounts Payable	57.6M	75.6M	55.5M	153.8M	78M	42.5M
Non Current Assets Total	3.7B	3.9B	5.3B	5.4B	6.5B	6.8B
Non Currrent Assets Other	285.1M	317.5M	414.1M	505.8M	572M	600.6M
Long Term Debt	1.0B	691.9M	617.4M	3.0B	3.0B	3.1B
Net Receivables	877.6M	1.0B	1.2B	1.6B	1.6B	1.7B
Good Will	1.4B	1.8B	1.8B	2.8B	2.8B	3.0B
Common Stock Total Equity	221K	231K	242K	251K	288.7K	196.1K
Liabilities And Stockholders Equity	6.8B	8.7B	10.5B	13.5B	16.5B	17.3B
Non Current Liabilities Total	1.4B	1.2B	895.6M	3.3B	3.3B	3.5B
Other Current Assets	272.5M	233.9M	327.4M	416.7M	487M	511.4M
Total Current Assets	3.1B	4.8B	5.2B	8.1B	9.9B	10.4B
Short Term Debt	310.5M	1.3B	1.4B	182.3M	178M	169.1M
Intangible Assets	308.4M	248.6M	391.0M	305.5M	259M	153.0M
Common Stock	231K	242K	251K	259K	297.9K	202.9K
Property Plant Equipment	936.2M	972.4M	1.4B	1.5B	1.7B	1.8B
Net Tangible Assets	358.9M	1.5B	1.3B	2.4B	2.8B	2.9B
Retained Earnings Total Equity	(2.1B)	(2.6B)	(2.9B)	(2.7B)	(2.5B)	(2.6B)
Capital Surpluse	4.1B	5.1B	6.3B	7.3B	8.4B	8.8B
Deferred Long Term Liab	222.4M	271.8M	341.3M	421.0M	484.1M	508.3M

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Additional Tools for Workday Stock Analysis

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

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Workday Roic vs Price To Sales Ratio Analysis

Roic vs Price To Sales Ratio

Roic vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Roic

Price To Sales Ratio

Workday fundamental ratios Correlations

Workday Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Workday fundamental ratios Accounts

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Additional Tools for Workday Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Current Deferred Revenue	+ 1.0	Total Liab
Net Receivables	+ 1.0	Total Liab
Net Receivables	+ 1.0	Current Deferred Revenue
Non Current Liabilities Total	+ 1.0	Long Term Debt
Other Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Retained Earnings	- 0.87	Property Plant And Equipment Net
Retained Earnings	- 0.84	Total Current Liabilities
Accounts Payable	- 0.82	Retained Earnings
Retained Earnings	- 0.79	Other Assets
Good Will	- 0.78	Retained Earnings
Net Receivables	- 0.78	Retained Earnings