Evolv Price To Sales Ratio vs Days Payables Outstanding Analysis

EVLVW Stock

USD 0.35 0.03 7.89%

Evolv Technologies financial indicator trend analysis is much more than just examining Evolv Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Evolv Technologies is a good investment. Please check the relationship between Evolv Technologies Price To Sales Ratio and its Days Payables Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolv Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Price To Sales Ratio vs Days Payables Outstanding

Price To Sales Ratio vs Days Payables Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Evolv Technologies Price To Sales Ratio account and Days Payables Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Evolv Technologies' Price To Sales Ratio and Days Payables Outstanding is -0.24. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of Evolv Technologies Holdings, assuming nothing else is changed. The correlation between historical values of Evolv Technologies' Price To Sales Ratio and Days Payables 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 Price To Sales Ratio of Evolv Technologies Holdings are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Price To Sales Ratio i.e., Evolv Technologies' Price To Sales Ratio and Days Payables Outstanding go up and down completely randomly.

Correlation Coefficient

-0.24

Relationship Direction	Negative
Relationship Strength	Insignificant

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Price To Sales Ratio

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

Days Payables Outstanding

Most indicators from Evolv Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Evolv Technologies 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolv Technologies Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Sales General And Administrative To Revenue is likely to climb to 0.84 in 2024, whereas Selling General Administrative is likely to drop slightly above 23.9 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	6.7M	712K	654K	621.3K
Depreciation And Amortization	2.9M	6.3M	9.9M	10.4M

Interest Expense Depreciation And Amortization

Evolv Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets
Total Assets		0.4	0.93	0.82	0.99	0.7	0.67	-0.88	-0.75	0.85	0.87	0.73	0.81	0.95	0.85	-0.14	-0.75	0.67	0.91	0.95	0.76	0.57	0.99	0.67	0.65	0.98
Short Long Term Debt Total	0.4		0.31	0.28	0.39	-0.01	-0.03	-0.44	-0.12	0.46	0.52	0.03	0.76	0.42	0.51	-0.45	0.04	0.52	0.49	0.35	0.25	0.27	0.43	-0.05	0.12	0.45
Other Current Liab	0.93	0.31		0.93	0.88	0.84	0.82	-0.67	-0.88	0.91	0.67	0.86	0.62	0.8	0.87	-0.19	-0.54	0.72	0.95	0.98	0.84	0.79	0.88	0.82	0.75	0.86
Total Current Liabilities	0.82	0.28	0.93		0.74	0.86	0.85	-0.47	-0.92	0.97	0.47	0.88	0.48	0.62	0.94	0.07	-0.4	0.88	0.96	0.96	0.92	0.91	0.74	0.85	0.88	0.71
Total Stockholder Equity	0.99	0.39	0.88	0.74		0.61	0.58	-0.94	-0.66	0.77	0.93	0.65	0.85	0.99	0.78	-0.15	-0.81	0.59	0.85	0.9	0.67	0.45	1.0	0.58	0.56	1.0
Property Plant And Equipment Net	0.7	-0.01	0.84	0.86	0.61		1.0	-0.3	-0.99	0.81	0.28	1.0	0.21	0.51	0.75	-0.01	-0.45	0.68	0.81	0.82	0.93	0.85	0.6	1.0	0.93	0.58
Current Deferred Revenue	0.67	-0.03	0.82	0.85	0.58	1.0		-0.27	-0.99	0.8	0.24	1.0	0.18	0.48	0.74	0.01	-0.42	0.67	0.79	0.8	0.93	0.86	0.57	1.0	0.93	0.55
Net Debt	-0.88	-0.44	-0.67	-0.47	-0.94	-0.3	-0.27		0.35	-0.53	-1.0	-0.35	-0.91	-0.97	-0.58	0.21	0.81	-0.36	-0.64	-0.7	-0.39	-0.13	-0.94	-0.26	-0.25	-0.95
Retained Earnings	-0.75	-0.12	-0.88	-0.92	-0.66	-0.99	-0.99	0.35		-0.89	-0.34	-0.99	-0.31	-0.55	-0.83	0.03	0.43	-0.77	-0.88	-0.88	-0.97	-0.9	-0.66	-0.98	-0.94	-0.63
Accounts Payable	0.85	0.46	0.91	0.97	0.77	0.81	0.8	-0.53	-0.89		0.54	0.83	0.61	0.67	0.99	0.02	-0.41	0.94	0.99	0.95	0.93	0.89	0.77	0.79	0.87	0.75
Cash	0.87	0.52	0.67	0.47	0.93	0.28	0.24	-1.0	-0.34	0.54		0.32	0.94	0.96	0.6	-0.23	-0.76	0.39	0.65	0.69	0.38	0.14	0.93	0.24	0.24	0.94
Non Current Assets Total	0.73	0.03	0.86	0.88	0.65	1.0	1.0	-0.35	-0.99	0.83	0.32		0.26	0.55	0.77	-0.02	-0.47	0.69	0.83	0.84	0.94	0.85	0.64	1.0	0.93	0.62
Non Currrent Assets Other	0.81	0.76	0.62	0.48	0.85	0.21	0.18	-0.91	-0.31	0.61	0.94	0.26		0.88	0.67	-0.27	-0.58	0.53	0.69	0.66	0.41	0.22	0.87	0.17	0.26	0.88
Cash And Short Term Investments	0.95	0.42	0.8	0.62	0.99	0.51	0.48	-0.97	-0.55	0.67	0.96	0.55	0.88		0.7	-0.22	-0.83	0.49	0.77	0.81	0.57	0.31	0.99	0.48	0.45	0.99
Net Receivables	0.85	0.51	0.87	0.94	0.78	0.75	0.74	-0.58	-0.83	0.99	0.6	0.77	0.67	0.7		0.08	-0.46	0.96	0.98	0.94	0.91	0.82	0.8	0.72	0.85	0.78
Common Stock Shares Outstanding	-0.14	-0.45	-0.19	0.07	-0.15	-0.01	0.01	0.21	0.03	0.02	-0.23	-0.02	-0.27	-0.22	0.08		-0.18	0.2	-0.07	-0.04	0.09	-0.04	-0.17	0.0	0.23	-0.18
Non Current Liabilities Total	-0.75	0.04	-0.54	-0.4	-0.81	-0.45	-0.42	0.81	0.43	-0.41	-0.76	-0.47	-0.58	-0.83	-0.46	-0.18		-0.27	-0.49	-0.59	-0.46	-0.05	-0.79	-0.42	-0.41	-0.8
Capital Lease Obligations	0.67	0.52	0.72	0.88	0.59	0.68	0.67	-0.36	-0.77	0.94	0.39	0.69	0.53	0.49	0.96	0.2	-0.27		0.89	0.81	0.88	0.83	0.61	0.65	0.86	0.59
Inventory	0.91	0.49	0.95	0.96	0.85	0.81	0.79	-0.64	-0.88	0.99	0.65	0.83	0.69	0.77	0.98	-0.07	-0.49	0.89		0.98	0.91	0.83	0.86	0.78	0.83	0.84
Other Current Assets	0.95	0.35	0.98	0.96	0.9	0.82	0.8	-0.7	-0.88	0.95	0.69	0.84	0.66	0.81	0.94	-0.04	-0.59	0.81	0.98		0.88	0.79	0.89	0.8	0.8	0.87
Other Stockholder Equity	0.76	0.25	0.84	0.92	0.67	0.93	0.93	-0.39	-0.97	0.93	0.38	0.94	0.41	0.57	0.91	0.09	-0.46	0.88	0.91	0.88		0.88	0.68	0.92	0.98	0.66
Total Liab	0.57	0.27	0.79	0.91	0.45	0.85	0.86	-0.13	-0.9	0.89	0.14	0.85	0.22	0.31	0.82	-0.04	-0.05	0.83	0.83	0.79	0.88		0.45	0.85	0.87	0.42
Net Invested Capital	0.99	0.43	0.88	0.74	1.0	0.6	0.57	-0.94	-0.66	0.77	0.93	0.64	0.87	0.99	0.8	-0.17	-0.79	0.61	0.86	0.89	0.68	0.45		0.57	0.56	1.0
Property Plant And Equipment Gross	0.67	-0.05	0.82	0.85	0.58	1.0	1.0	-0.26	-0.98	0.79	0.24	1.0	0.17	0.48	0.72	0.0	-0.42	0.65	0.78	0.8	0.92	0.85	0.57		0.92	0.55
Short Long Term Debt	0.65	0.12	0.75	0.88	0.56	0.93	0.93	-0.25	-0.94	0.87	0.24	0.93	0.26	0.45	0.85	0.23	-0.41	0.86	0.83	0.8	0.98	0.87	0.56	0.92		0.54
Total Current Assets	0.98	0.45	0.86	0.71	1.0	0.58	0.55	-0.95	-0.63	0.75	0.94	0.62	0.88	0.99	0.78	-0.18	-0.8	0.59	0.84	0.87	0.66	0.42	1.0	0.55	0.54

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Evolv Price To Sales Ratio vs Days Payables Outstanding Analysis

Price To Sales Ratio vs Days Payables Outstanding

Price To Sales Ratio vs Days Payables Outstanding Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Days Payables Outstanding

Evolv Technologies fundamental ratios Correlations

Evolv Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Evolv Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Total Stockholder Equity
Current Deferred Revenue	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 1.0	Current Deferred Revenue

Cash	- 1.0	Net Debt
Non Current Assets Total	- 0.99	Retained Earnings
Retained Earnings	- 0.99	Current Deferred Revenue
Retained Earnings	- 0.99	Property Plant And Equipment Net
Property Plant And Equipment Gross	- 0.98	Retained Earnings
Other Stockholder Equity	- 0.97	Retained Earnings