Visa Current Assets vs Asset Turnover Analysis

V -- USA Stock  

USD 135.10  0.10  0.07%

Visa financial indicator trend analysis is much more than just breaking down Visa prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Visa is a good investment. Please check the relationship between Visa Current Assets and its Asset Turnover accounts. Also please take a look at World Market Map.

Current Assets vs Asset Turnover

Accounts Relationship

Current Assets vs Asset Turnover

Significance: Pay attention

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Visa Current Assets account and Asset Turnover

Correlation Coefficient

-0.76
Relationship DirectionNegative 
Relationship StrengthWeak

Current Assets

Current assets of Visa include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Visa. The current portion of Total Assets, reported if a company operates a classified balance sheet that segments current and non-current assets.

Asset Turnover

Asset turnover is a measure of a firms operating efficiency, calculated by dividing Revenues by Average Assets. Often a component of DuPont return on equity analysis.

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Also please take a look at World Market Map. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.