Xunlei Inventory Turnover vs Ev To Operating Cash Flow Analysis

XNET Stock  USD 1.87  0.01  0.54%   
Xunlei financial indicator trend analysis is more than just analyzing Xunlei Ltd Adr current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Xunlei Ltd Adr is a good investment. Please check the relationship between Xunlei Inventory Turnover and its Ev To Operating Cash Flow accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xunlei Ltd Adr. 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.

Inventory Turnover vs Ev To Operating Cash Flow

Inventory Turnover vs Ev To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Xunlei Ltd Adr Inventory Turnover account and Ev To Operating Cash Flow. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Xunlei's Inventory Turnover and Ev To Operating Cash Flow is 0.12. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Ev To Operating Cash Flow in the same time period over historical financial statements of Xunlei Ltd Adr, assuming nothing else is changed. The correlation between historical values of Xunlei's Inventory Turnover and Ev To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Xunlei Ltd Adr are associated (or correlated) with its Ev To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Operating Cash Flow has no effect on the direction of Inventory Turnover i.e., Xunlei's Inventory Turnover and Ev To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Ev To Operating Cash Flow

A valuation metric comparing the company's enterprise value to its operating cash flow, indicating how many dollars of EV are generated for each dollar of operating cash flows.
Most indicators from Xunlei's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Xunlei Ltd Adr 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 Xunlei Ltd Adr. 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, Xunlei's Discontinued Operations is comparatively stable compared to the past year. Tax Provision is likely to gain to about 4.3 M in 2024, despite the fact that Enterprise Value Multiple is likely to grow to (1.54).
 2021 2022 2023 2024 (projected)
Gross Profit120.2M141.4M163.1M91.0M
Total Revenue238.8M341.5M363.7M195.9M

Xunlei fundamental ratios Correlations

0.090.730.980.430.7-0.79-0.410.530.820.780.97-0.060.920.840.370.030.330.920.720.710.980.440.920.13-0.46
0.090.4-0.020.750.530.22-0.61-0.1-0.140.51-0.110.430.210.250.61-0.240.390.230.470.44-0.05-0.290.20.910.12
0.730.40.60.660.91-0.31-0.590.690.360.830.560.530.670.640.530.210.330.690.990.820.640.170.670.29-0.52
0.98-0.020.60.320.58-0.84-0.320.450.860.690.99-0.220.90.820.260.00.270.910.580.610.990.450.910.06-0.42
0.430.750.660.320.790.06-0.90.010.030.870.210.370.630.650.64-0.140.160.630.710.740.25-0.220.620.54-0.26
0.70.530.910.580.79-0.28-0.680.470.350.870.520.390.690.660.710.130.450.710.940.850.590.280.680.38-0.39
-0.790.22-0.31-0.840.06-0.28-0.14-0.49-0.99-0.29-0.880.25-0.57-0.42-0.260.16-0.42-0.57-0.32-0.35-0.87-0.68-0.580.070.1
-0.41-0.61-0.59-0.32-0.9-0.68-0.140.10.06-0.82-0.22-0.22-0.66-0.73-0.38-0.120.04-0.68-0.59-0.57-0.240.31-0.66-0.440.42
0.53-0.10.690.450.010.47-0.490.10.470.280.490.470.230.160.320.090.370.250.670.460.570.470.24-0.1-0.38
0.82-0.140.360.860.030.35-0.990.060.470.360.88-0.220.620.470.32-0.190.460.620.380.390.890.660.630.0-0.1
0.780.510.830.690.870.87-0.29-0.820.280.360.610.230.890.880.52-0.020.190.890.830.840.640.020.880.36-0.44
0.97-0.110.560.990.210.52-0.88-0.220.490.880.61-0.260.850.770.220.030.270.850.540.550.990.50.860.0-0.41
-0.060.430.53-0.220.370.390.25-0.220.47-0.220.23-0.26-0.13-0.140.470.020.24-0.110.560.38-0.15-0.1-0.140.26-0.14
0.920.210.670.90.630.69-0.57-0.660.230.620.890.85-0.130.960.30.040.131.00.650.70.850.151.00.21-0.47
0.840.250.640.820.650.66-0.42-0.730.160.470.880.77-0.140.960.250.070.00.970.620.650.76-0.010.960.24-0.5
0.370.610.530.260.640.71-0.26-0.380.320.320.520.220.470.30.25-0.360.650.320.670.670.30.360.290.470.0
0.03-0.240.210.0-0.140.130.16-0.120.09-0.19-0.020.030.020.040.07-0.36-0.10.060.120.010.050.090.05-0.25-0.41
0.330.390.330.270.160.45-0.420.040.370.460.190.270.240.130.00.65-0.10.170.420.270.340.680.130.420.25
0.920.230.690.910.630.71-0.57-0.680.250.620.890.85-0.111.00.970.320.060.170.670.690.850.171.00.22-0.46
0.720.470.990.580.710.94-0.32-0.590.670.380.830.540.560.650.620.670.120.420.670.860.620.230.640.35-0.46
0.710.440.820.610.740.85-0.35-0.570.460.390.840.550.380.70.650.670.010.270.690.860.610.190.690.32-0.55
0.98-0.050.640.990.250.59-0.87-0.240.570.890.640.99-0.150.850.760.30.050.340.850.620.610.530.850.05-0.42
0.44-0.290.170.45-0.220.28-0.680.310.470.660.020.5-0.10.15-0.010.360.090.680.170.230.190.530.16-0.25-0.03
0.920.20.670.910.620.68-0.58-0.660.240.630.880.86-0.141.00.960.290.050.131.00.640.690.850.160.2-0.49
0.130.910.290.060.540.380.07-0.44-0.10.00.360.00.260.210.240.47-0.250.420.220.350.320.05-0.250.20.13
-0.460.12-0.52-0.42-0.26-0.390.10.42-0.38-0.1-0.44-0.41-0.14-0.47-0.50.0-0.410.25-0.46-0.46-0.55-0.42-0.03-0.490.13
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Xunlei Account Relationship Matchups

Xunlei fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets424.7M415.6M440.7M463.3M468.7M404.6M
Other Current Liab50.4M44.1M86.1M215.6M89.1M93.6M
Total Current Liabilities111.3M103.3M119.9M128.3M128.1M102.3M
Total Stockholder Equity296.9M292.2M303.6M309.9M324.9M288.0M
Property Plant And Equipment Net47.5M52.7M57.7M62.6M60.6M32.6M
Current Deferred Revenue32.0M34.0M36.9M39.0M36.4M29.2M
Net Debt(142.3M)(115.3M)(103.2M)(146.3M)(147.9M)(155.2M)
Retained Earnings(167.0M)(181.1M)(180.6M)(160.1M)(146.9M)(139.6M)
Accounts Payable24.2M20.6M26.4M25.4M24.4M28.0M
Cash162.5M137.2M123.4M178.7M170.8M173.4M
Non Current Assets Total108.1M113.3M146.8M131.1M141.3M91.1M
Cash And Short Term Investments265.3M255.1M239.0M262.3M271.9M260.3M
Net Receivables29.2M33.9M41.5M43.0M43.6M35.1M
Common Stock Shares Outstanding67.6M67.5M67.2M67.2M65.4M50.5M
Liabilities And Stockholders Equity424.7M415.6M440.7M463.3M468.7M404.6M
Non Current Liabilities Total17.9M22.0M19.1M26.6M17.1M15.4M
Inventory5.5M1.7M1.4M457K2.2M3.2M
Other Current Assets16.5M11.6M12.0M28.0M9.7M15.0M
Other Stockholder Equity472.1M469.9M476.1M477.5M482.5M359.3M
Total Liab129.1M125.2M139.0M154.9M145.2M117.7M
Total Current Assets316.6M302.3M293.9M332.2M327.4M313.5M
Accumulated Other Comprehensive Income(8.3M)3.3M8.2M(7.6M)(10.8M)(10.2M)
Intangible Assets9.4M8.9M8.3M6.5M5.7M9.9M
Non Currrent Assets Other3.3M2.4M6.9M9.8M266K252.7K
Short Term Debt4.7M2.0M2.9M566K7.2M6.8M
Other Liab2.4M2.0M1.8M1.6M1.4M1.3M
Other Assets4.4M2.4M26.2M10.0M9.0M8.9M
Short Term Investments102.8M117.8M115.7M83.6M101.1M108.7M
Property Plant Equipment47.5M52.7M57.7M62.6M72.0M75.6M
Net Tangible Assets267.1M260.7M272.2M282.2M254.0M242.4M
Good Will20.4M22.6M23.1M21.2M20.8M17.4M
Long Term Investments26.4M26.7M31.5M30.8M32.1M28.4M

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