ZOOZ Capex To Revenue vs Inventory Turnover Analysis
ZOOZ Stock | 2.50 0.07 2.72% |
ZOOZ Power financial indicator trend analysis is more than just analyzing ZOOZ Power current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ZOOZ Power is a good investment. Please check the relationship between ZOOZ Power Capex To Revenue and its Inventory Turnover accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZOOZ Power Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Capex To Revenue vs Inventory Turnover
Capex To Revenue vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ZOOZ Power Capex To Revenue account and Inventory Turnover. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between ZOOZ Power's Capex To Revenue and Inventory Turnover is 0.48. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of ZOOZ Power Ltd, assuming nothing else is changed. The correlation between historical values of ZOOZ Power's Capex To Revenue 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 Capex To Revenue of ZOOZ Power Ltd 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 Capex To Revenue i.e., ZOOZ Power's Capex To Revenue and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | 0.48 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Capex To Revenue
The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.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 ZOOZ Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ZOOZ Power 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 ZOOZ Power Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. Enterprise Value is likely to rise to about 47.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 10.3M | 10.9M | 11.3M | 10.4M | Cost Of Revenue | 105.2K | 605.6K | 1.9M | 2.0M |
ZOOZ Power fundamental ratios Correlations
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ZOOZ Power Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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