CDW Stock | | | USD 175.93 0.82 0.46% |
CDW Corp financial indicator trend analysis is way more than just evaluating CDW Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CDW Corp is a good investment. Please check the relationship between CDW Corp Free Cash Flow Per Share and its Inventory Turnover accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CDW Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy CDW Stock please use our
How to Invest in CDW Corp guide.
Free Cash Flow Per Share vs Inventory Turnover
Free Cash Flow Per Share vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CDW Corp Free Cash Flow Per Share account and
Inventory Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between CDW Corp's Free Cash Flow Per Share and Inventory Turnover is -0.49. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of CDW Corp, assuming nothing else is changed. The correlation between historical values of CDW Corp's Free Cash Flow Per Share and Inventory Turnover 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 Per Share of CDW Corp are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Free Cash Flow Per Share i.e., CDW Corp's Free Cash Flow Per Share and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
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.
Most indicators from CDW Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CDW Corp 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in CDW Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy CDW Stock please use our
How to Invest in CDW Corp guide.At this time, CDW Corp's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 18.77 in 2024, whereas
Tax Provision is likely to drop slightly above 280
M in 2024.
CDW Corp fundamental ratios Correlations
Click cells to compare fundamentals
CDW Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CDW Corp fundamental ratios Accounts
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Additional Tools for CDW Stock Analysis
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measure CDW Corp'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 CDW Corp is operating at the current time. Most of CDW Corp's value examination focuses on studying past and present price action to
predict the probability of CDW Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CDW Corp's price. Additionally, you may evaluate how the addition of CDW Corp to your portfolios can decrease your overall portfolio volatility.