Wex Price To Sales Ratio vs Average Inventory Analysis

WEX Stock

USD 120.16 6.76 5.33%

Wex financial indicator trend analysis is more than just analyzing Wex Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wex Inc is a good investment. Please check the relationship between Wex Price To Sales Ratio and its Average Inventory accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wex Inc. 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.

Price To Sales Ratio vs Average Inventory

Price To Sales Ratio vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wex Inc Price To Sales Ratio account and Average Inventory. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Wex's Price To Sales Ratio and Average Inventory is -0.36. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Wex Inc, assuming nothing else is changed. The correlation between historical values of Wex's Price To Sales Ratio 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 Price To Sales Ratio of Wex Inc 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 Price To Sales Ratio i.e., Wex's Price To Sales Ratio and Average Inventory go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Wex Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Wex sales, a figure that is much harder to manipulate than other Wex Inc 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.

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 Wex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wex Inc 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 Wex Inc. 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, Wex's Enterprise Value Over EBITDA is fairly stable compared to the past year. Enterprise Value Multiple is likely to rise to 11.95 in 2025, whereas Selling General Administrative is likely to drop slightly above 193.4 M in 2025.

	2023	2024	2025 (projected)
Interest Expense	157.2M	235.9M	247.7M
Depreciation And Amortization	276.2M	321.3M	337.4M

Interest Expense Depreciation And Amortization

Wex fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Short Long Term Debt Total	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Other Current Assets
Total Assets		0.94	0.94	0.66	0.66	0.05	1.0	0.67	0.04	0.82	0.43	0.93	0.91	0.83	0.75	0.81	0.3	0.72	0.91	0.9	0.82	0.96	-0.42	0.83	0.68	0.71
Other Current Liab	0.94		0.96	0.53	0.62	0.03	0.96	0.61	0.02	0.76	0.37	0.79	0.76	0.83	0.73	0.71	0.09	0.68	0.84	0.91	0.77	0.86	-0.28	0.84	0.52	0.81
Total Current Liabilities	0.94	0.96		0.42	0.52	-0.16	0.97	0.46	0.05	0.7	0.33	0.85	0.8	0.72	0.61	0.62	0.02	0.69	0.85	0.98	0.67	0.84	-0.25	0.94	0.42	0.66
Total Stockholder Equity	0.66	0.53	0.42		0.69	0.62	0.59	0.93	-0.15	0.85	0.58	0.63	0.68	0.84	0.84	0.93	0.68	0.47	0.7	0.3	0.86	0.8	-0.59	0.17	0.9	0.62
Common Stock Shares Outstanding	0.66	0.62	0.52	0.69		0.6	0.61	0.76	-0.35	0.51	0.65	0.57	0.53	0.67	0.68	0.67	0.35	0.51	0.74	0.39	0.58	0.75	-0.19	0.28	0.56	0.71
Other Stockholder Equity	0.05	0.03	-0.16	0.62	0.6		-0.03	0.68	-0.42	0.29	0.58	-0.05	-0.09	0.42	0.5	0.51	0.38	0.16	0.22	-0.32	0.32	0.25	-0.03	-0.44	0.45	0.5
Total Liab	1.0	0.96	0.97	0.59	0.61	-0.03		0.61	0.06	0.79	0.38	0.92	0.89	0.8	0.7	0.76	0.25	0.72	0.89	0.94	0.78	0.94	-0.38	0.88	0.63	0.69
Short Long Term Debt Total	0.67	0.61	0.46	0.93	0.76	0.68	0.61		-0.21	0.84	0.54	0.58	0.6	0.85	0.87	0.89	0.51	0.48	0.68	0.34	0.81	0.78	-0.44	0.2	0.83	0.79
Other Liab	0.04	0.02	0.05	-0.15	-0.35	-0.42	0.06	-0.21		-0.13	-0.22	-0.06	0.08	0.0	-0.17	-0.11	0.03	-0.1	-0.15	0.11	0.14	-0.05	-0.52	0.16	0.04	-0.09
Property Plant And Equipment Net	0.82	0.76	0.7	0.85	0.51	0.29	0.79	0.84	-0.13		0.4	0.77	0.79	0.88	0.84	0.92	0.47	0.53	0.78	0.63	0.89	0.85	-0.42	0.53	0.81	0.7
Current Deferred Revenue	0.43	0.37	0.33	0.58	0.65	0.58	0.38	0.54	-0.22	0.4		0.41	0.27	0.47	0.52	0.59	0.14	0.52	0.67	0.21	0.37	0.58	-0.12	0.13	0.38	0.47
Net Debt	0.93	0.79	0.85	0.63	0.57	-0.05	0.92	0.58	-0.06	0.77	0.41		0.94	0.66	0.58	0.75	0.38	0.68	0.85	0.85	0.68	0.92	-0.39	0.81	0.66	0.46
Retained Earnings	0.91	0.76	0.8	0.68	0.53	-0.09	0.89	0.6	0.08	0.79	0.27	0.94		0.7	0.64	0.73	0.49	0.57	0.81	0.79	0.77	0.89	-0.6	0.73	0.71	0.44
Accounts Payable	0.83	0.83	0.72	0.84	0.67	0.42	0.8	0.85	0.0	0.88	0.47	0.66	0.7		0.91	0.91	0.37	0.54	0.78	0.6	0.96	0.85	-0.48	0.49	0.77	0.85
Cash	0.75	0.73	0.61	0.84	0.68	0.5	0.7	0.87	-0.17	0.84	0.52	0.58	0.64	0.91		0.86	0.33	0.62	0.8	0.51	0.84	0.8	-0.39	0.36	0.75	0.83
Non Current Assets Total	0.81	0.71	0.62	0.93	0.67	0.51	0.76	0.89	-0.11	0.92	0.59	0.75	0.73	0.91	0.86		0.59	0.61	0.81	0.52	0.9	0.9	-0.48	0.4	0.91	0.73
Non Currrent Assets Other	0.3	0.09	0.02	0.68	0.35	0.38	0.25	0.51	0.03	0.47	0.14	0.38	0.49	0.37	0.33	0.59		0.12	0.27	-0.02	0.51	0.44	-0.5	-0.08	0.76	0.13
Other Assets	0.72	0.68	0.69	0.47	0.51	0.16	0.72	0.48	-0.1	0.53	0.52	0.68	0.57	0.54	0.62	0.61	0.12		0.76	0.66	0.45	0.75	-0.24	0.59	0.46	0.59
Long Term Debt	0.91	0.84	0.85	0.7	0.74	0.22	0.89	0.68	-0.15	0.78	0.67	0.85	0.81	0.78	0.8	0.81	0.27	0.76		0.77	0.72	0.93	-0.31	0.68	0.6	0.68
Cash And Short Term Investments	0.9	0.91	0.98	0.3	0.39	-0.32	0.94	0.34	0.11	0.63	0.21	0.85	0.79	0.6	0.51	0.52	-0.02	0.66	0.77		0.58	0.77	-0.21	0.99	0.37	0.53
Net Receivables	0.82	0.77	0.67	0.86	0.58	0.32	0.78	0.81	0.14	0.89	0.37	0.68	0.77	0.96	0.84	0.9	0.51	0.45	0.72	0.58		0.83	-0.61	0.47	0.84	0.73
Good Will	0.96	0.86	0.84	0.8	0.75	0.25	0.94	0.78	-0.05	0.85	0.58	0.92	0.89	0.85	0.8	0.9	0.44	0.75	0.93	0.77	0.83		-0.46	0.68	0.79	0.71
Common Stock Total Equity	-0.42	-0.28	-0.25	-0.59	-0.19	-0.03	-0.38	-0.44	-0.52	-0.42	-0.12	-0.39	-0.6	-0.48	-0.39	-0.48	-0.5	-0.24	-0.31	-0.21	-0.61	-0.46		-0.15	-0.56	-0.18
Short Term Investments	0.83	0.84	0.94	0.17	0.28	-0.44	0.88	0.2	0.16	0.53	0.13	0.81	0.73	0.49	0.36	0.4	-0.08	0.59	0.68	0.99	0.47	0.68	-0.15		0.26	0.42
Non Current Liabilities Total	0.68	0.52	0.42	0.9	0.56	0.45	0.63	0.83	0.04	0.81	0.38	0.66	0.71	0.77	0.75	0.91	0.76	0.46	0.6	0.37	0.84	0.79	-0.56	0.26		0.56
Other Current Assets	0.71	0.81	0.66	0.62	0.71	0.5	0.69	0.79	-0.09	0.7	0.47	0.46	0.44	0.85	0.83	0.73	0.13	0.59	0.68	0.53	0.73	0.71	-0.18	0.42	0.56

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Wex Account Relationship Matchups

Wex fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.2B	10.3B	11.5B	13.9B	13.3B	14.0B
Other Current Liab	1.8B	3.2B	4.9B	6.0B	4.3B	4.5B
Total Current Liabilities	2.7B	4.4B	6.3B	8.5B	8.3B	8.7B
Total Stockholder Equity	1.9B	1.8B	1.6B	1.8B	1.5B	1.1B
Common Stock Shares Outstanding	43.8M	43.8M	45.3M	44.7M	43.3M	45.1M
Liabilities And Stockholders Equity	8.2B	10.3B	11.5B	13.9B	13.3B	14.0B
Other Stockholder Equity	700.4M	671.7M	464.8M	292.2M	(266.2M)	(252.9M)
Total Liab	6.1B	8.2B	9.9B	12.1B	11.8B	12.4B
Short Long Term Debt Total	3.0B	2.9B	2.7B	3.9B	1.3B	1.5B
Other Liab	387.6M	368.7M	1.1B	815.1M	937.4M	838.1M
Property Plant And Equipment Net	188.3M	179.5M	202.2M	304.7M	261.2M	132.7M
Current Deferred Revenue	840.1M	1.1B	13.4M	195.9M	225.3M	199.9M
Net Debt	2.2B	2.3B	1.8B	2.9B	3.8B	4.0B
Retained Earnings	1.3B	1.3B	1.5B	1.8B	2.1B	2.2B
Accounts Payable	778.2M	1.0B	1.2B	1.3B	952.7M	641.7M
Cash	852.0M	588.9M	922.0M	975.8M	595.8M	377.7M
Non Current Assets Total	4.7B	5.0B	4.7B	4.9B	4.8B	2.6B
Non Currrent Assets Other	197.2M	231.1M	246M	87.2M	202.8M	139.3M
Other Assets	128.5M	1.8B	673.6M	951.1M	1.1B	1.1B
Long Term Debt	2.9B	2.7B	2.5B	2.8B	3.1B	3.2B
Cash And Short Term Investments	852.0M	1.5B	2.3B	4.0B	4.4B	4.6B
Net Receivables	2.0B	2.9B	3.3B	3.4B	3.0B	1.9B
Good Will	2.7B	2.9B	2.7B	3.0B	3.0B	3.1B
Common Stock Total Equity	475K	477K	485K	492K	442.8K	420.7K
Short Term Investments	37.3M	948.7M	1.4B	3.0B	3.8B	4.0B
Non Current Liabilities Total	3.4B	3.8B	3.6B	3.5B	3.5B	2.2B
Other Current Assets	657.5M	870.7M	1.2B	1.4B	199M	347.7M
Property Plant And Equipment Gross	188.3M	637.6M	732.2M	787.1M	893.2M	937.9M
Total Current Assets	3.5B	5.3B	6.8B	8.9B	8.5B	8.9B
Accumulated Other Comprehensive Income	(82.9M)	(122.5M)	(306.3M)	(229.2M)	(312.3M)	(296.7M)
Short Term Debt	152.7M	155.8M	214.4M	1.0B	1.3B	1.4B
Intangible Assets	1.6B	1.6B	1.5B	1.5B	1.3B	728.8M
Common Stock	485K	492K	495K	500K	450K	427.5K
Property Plant Equipment	212.5M	188.3M	179.5M	202.2M	232.6M	244.2M
Inventory	282.6M	570.9M	793.1M	1.1B	1.15	1.09
Net Tangible Assets	(1.9B)	(2.2B)	(2.7B)	(2.6B)	(2.3B)	(2.2B)
Retained Earnings Total Equity	1.5B	1.5B	1.3B	1.3B	1.5B	1.2B

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Additional Tools for Wex Stock Analysis

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

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Wex Price To Sales Ratio vs Average Inventory Analysis

Price To Sales Ratio vs Average Inventory

Price To Sales Ratio vs Average Inventory Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Average Inventory

Wex fundamental ratios Correlations

Wex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Wex fundamental ratios Accounts

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Additional Tools for Wex Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Short Term Investments	+ 0.99	Cash And Short Term Investments
Cash And Short Term Investments	+ 0.98	Total Current Liabilities
Total Liab	+ 0.97	Total Current Liabilities
Good Will	+ 0.96	Total Assets
Total Current Liabilities	+ 0.96	Other Current Liab

Common Stock Total Equity	- 0.61	Net Receivables
Common Stock Total Equity	- 0.6	Retained Earnings
Common Stock Total Equity	- 0.59	Total Stockholder Equity
Non Current Liabilities Total	- 0.56	Common Stock Total Equity
Common Stock Total Equity	- 0.52	Other Liab
Common Stock Total Equity	- 0.5	Non Currrent Assets Other