Oxford Days Sales Outstanding vs Payables Turnover Analysis

OXLCZ Stock  USD 23.65  0.02  0.08%   
Oxford Lane financial indicator trend analysis is much more than just breaking down Oxford Lane Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oxford Lane Capital is a good investment. Please check the relationship between Oxford Lane Days Sales Outstanding and its Payables Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oxford Lane Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Days Sales Outstanding vs Payables Turnover

JavaScript chart by amCharts 3.21.15201420162018202020222024-200-1000100200300400500600700800900 2004006008001K1.2K1.4K1.6K1.8K2K2.2K2.4K
JavaScript chart by amCharts 3.21.15Days Sales Outstandingtotal: 948.959438167217Payables Turnovertotal: 7.4K

Days Sales Outstanding vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oxford Lane Capital Days Sales Outstanding account and Payables Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
Days Sales OutstandingPayables TurnoverDiversified AwayDays Sales OutstandingPayables TurnoverDiversified Away100%
The correlation between Oxford Lane's Days Sales Outstanding and Payables Turnover is -0.09. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of Oxford Lane Capital, assuming nothing else is changed. The correlation between historical values of Oxford Lane's Days Sales Outstanding and Payables 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 Days Sales Outstanding of Oxford Lane Capital are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Days Sales Outstanding i.e., Oxford Lane's Days Sales Outstanding and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Sales Outstanding

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

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Additional Tools for Oxford Stock Analysis

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

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