Clairvest Days Sales Outstanding vs Price To Sales Ratio Analysis

CVG Stock  CAD 70.74  0.66  0.92%   
Clairvest financial indicator trend analysis is way more than just evaluating Clairvest Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Clairvest Group is a good investment. Please check the relationship between Clairvest Days Sales Outstanding and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clairvest Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Days Sales Outstanding vs Price To Sales Ratio

Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Clairvest Group Days Sales Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Clairvest's Days Sales Outstanding and Price To Sales Ratio is 0.13. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Clairvest Group, assuming nothing else is changed. The correlation between historical values of Clairvest's Days Sales Outstanding and Price To Sales Ratio 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 Clairvest Group are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Days Sales Outstanding i.e., Clairvest's Days Sales Outstanding and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Days Sales Outstanding

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Clairvest Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Clairvest sales, a figure that is much harder to manipulate than other Clairvest Group 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.
Most indicators from Clairvest's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Clairvest Group 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 Clairvest Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Clairvest's Selling General Administrative is very stable compared to the past year. As of the 22nd of May 2024, Tax Provision is likely to grow to about 16.8 M, while Enterprise Value Over EBITDA is likely to drop 9.33.
 2021 2023 2024 (projected)
Net Income330.2M60.2M52.5M
EBITDA376.9M433.4M455.1M

Clairvest fundamental ratios Correlations

-0.67-0.670.54-0.67-0.610.06-0.63-0.610.98-0.540.92-0.270.51-0.170.52-0.39-0.44-0.31-0.5-0.50.43-0.48-0.28-0.39-0.43
-0.671.0-0.721.00.83-0.480.810.91-0.570.82-0.410.25-0.60.69-0.610.630.710.470.890.88-0.650.770.620.720.82
-0.671.0-0.731.00.84-0.510.830.92-0.570.8-0.410.28-0.60.71-0.620.620.70.440.90.88-0.650.760.650.740.83
0.54-0.72-0.73-0.74-0.970.26-0.95-0.510.46-0.40.44-0.370.18-0.750.19-0.29-0.35-0.07-0.73-0.640.21-0.83-0.81-0.88-0.76
-0.671.01.0-0.740.84-0.510.830.92-0.580.8-0.420.28-0.60.71-0.610.620.70.440.90.88-0.640.760.650.740.84
-0.610.830.84-0.970.84-0.330.990.63-0.520.53-0.430.39-0.390.77-0.40.440.510.120.770.68-0.430.850.80.870.78
0.06-0.48-0.510.26-0.51-0.33-0.34-0.640.02-0.1-0.12-0.40.37-0.60.38-0.12-0.20.12-0.53-0.460.37-0.08-0.67-0.61-0.69
-0.630.810.83-0.950.830.99-0.340.63-0.550.51-0.470.44-0.420.8-0.420.450.510.10.760.67-0.430.830.810.870.78
-0.610.910.92-0.510.920.63-0.640.63-0.530.68-0.360.29-0.630.61-0.650.590.660.330.810.79-0.670.570.570.640.8
0.98-0.57-0.570.46-0.58-0.520.02-0.55-0.53-0.470.92-0.330.44-0.10.45-0.34-0.39-0.29-0.47-0.470.34-0.44-0.25-0.33-0.4
-0.540.820.8-0.40.80.53-0.10.510.68-0.47-0.29-0.01-0.570.34-0.580.80.820.710.680.75-0.630.650.140.260.46
0.92-0.41-0.410.44-0.42-0.43-0.12-0.47-0.360.92-0.29-0.230.240.00.24-0.12-0.16-0.2-0.28-0.280.11-0.3-0.15-0.23-0.23
-0.270.250.28-0.370.280.39-0.40.440.29-0.33-0.01-0.23-0.250.42-0.260.280.29-0.260.330.27-0.160.320.60.470.45
0.51-0.6-0.60.18-0.6-0.390.37-0.42-0.630.44-0.570.24-0.25-0.241.0-0.68-0.72-0.14-0.27-0.270.97-0.22-0.17-0.2-0.25
-0.170.690.71-0.750.710.77-0.60.80.61-0.10.340.00.42-0.24-0.250.330.390.00.750.66-0.320.710.890.90.84
0.52-0.61-0.620.19-0.61-0.40.38-0.42-0.650.45-0.580.24-0.261.0-0.25-0.69-0.73-0.15-0.29-0.290.97-0.23-0.18-0.21-0.27
-0.390.630.62-0.290.620.44-0.120.450.59-0.340.8-0.120.28-0.680.33-0.690.990.290.480.52-0.70.60.150.190.36
-0.440.710.7-0.350.70.51-0.20.510.66-0.390.82-0.160.29-0.720.39-0.730.990.340.550.59-0.750.640.220.280.43
-0.310.470.44-0.070.440.120.120.10.33-0.290.71-0.2-0.26-0.140.0-0.150.290.340.440.57-0.220.33-0.17-0.060.14
-0.50.890.9-0.730.90.77-0.530.760.81-0.470.68-0.280.33-0.270.75-0.290.480.550.440.98-0.330.810.740.80.94
-0.50.880.88-0.640.880.68-0.460.670.79-0.470.75-0.280.27-0.270.66-0.290.520.590.570.98-0.340.780.610.690.87
0.43-0.65-0.650.21-0.64-0.430.37-0.43-0.670.34-0.630.11-0.160.97-0.320.97-0.7-0.75-0.22-0.33-0.34-0.3-0.19-0.24-0.29
-0.480.770.76-0.830.760.85-0.080.830.57-0.440.65-0.30.32-0.220.71-0.230.60.640.330.810.78-0.30.630.710.72
-0.280.620.65-0.810.650.8-0.670.810.57-0.250.14-0.150.6-0.170.89-0.180.150.22-0.170.740.61-0.190.630.980.89
-0.390.720.74-0.880.740.87-0.610.870.64-0.330.26-0.230.47-0.20.9-0.210.190.28-0.060.80.69-0.240.710.980.92
-0.430.820.83-0.760.840.78-0.690.780.8-0.40.46-0.230.45-0.250.84-0.270.360.430.140.940.87-0.290.720.890.92
Click cells to compare fundamentals

Clairvest Account Relationship Matchups

Clairvest fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding15.1M15.1M15.1M15.0M13.5M13.9M
Total Assets944.9M985.0M1.4B1.4B1.6B1.7B
Total Stockholder Equity837.4M857.8M1.2B1.2B1.4B1.5B
Net Debt(288.9M)(272.9M)(186.8M)(218.4M)(196.6M)(186.7M)
Retained Earnings756.5M777.0M1.1B1.1B1.3B1.4B
Cash272.9M186.8M218.4M216.2M248.6M261.1M
Other Assets911.3M8.4M433K5.0M5.7M5.4M
Cash And Short Term Investments272.9M186.8M218.4M217.9M250.6M263.1M
Net Receivables53.8M126.8M104.3M140.5M161.6M169.7M
Liabilities And Stockholders Equity944.9M985.0M1.4B1.4B1.6B1.7B
Total Liab11.9M8.6M174.1M211.9M243.7M255.9M
Accounts Payable11.9M8.6M6.9M11.5M13.2M8.4M
Common Stock80.9M80.8M80.8M80.6M72.6M64.8M
Other Current Liab(11.9M)(8.6M)(6.9M)32.3M37.1M39.0M
Total Current Liabilities11.9M8.6M6.9M135.0M155.3M163.0M
Other Liab46.2M42.0M86.3M74.5M85.7M71.5M
Net Tangible Assets837.4M857.8M1.2B1.2B1.4B816.3M
Long Term Investments600.7M663.0M1.0B1.1B1.3B682.3M
Total Current Assets326.7M313.6M322.7M428.5M492.8M336.7M
Property Plant Equipment9.1M8.0M7.3M6.6M7.6M5.4M
Property Plant And Equipment Net9.1M8.0M7.3M6.6M7.6M5.5M
Property Plant And Equipment Gross9.1M11.3M11.8M12.2M14.1M7.2M
Long Term Debt Total3.8M3.3M2.9M2.4M2.7M1.9M
Cash And Equivalents26.3M27.6M13.1M1.7M1.5M1.4M
Capital Stock80.9M80.8M80.8M80.6M72.6M64.7M

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clairvest Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the Clairvest Group information on this page should be used as a complementary analysis to other Clairvest's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Please note, there is a significant difference between Clairvest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clairvest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clairvest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.