ADF Days Sales Outstanding vs Free Cash Flow Yield Analysis

DRX Stock

CAD 16.59 0.54 3.36%

ADF financial indicator trend analysis is way more than just evaluating ADF Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ADF Group is a good investment. Please check the relationship between ADF Days Sales Outstanding and its Free Cash Flow Yield accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ADF 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 Free Cash Flow Yield

Days Sales Outstanding vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of ADF Group Days Sales Outstanding account and Free Cash Flow Yield. At this time, the significance of the direction appears to have weak relationship.

The correlation between ADF's Days Sales Outstanding and Free Cash Flow Yield is 0.33. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of ADF Group, assuming nothing else is changed. The correlation between historical values of ADF's Days Sales Outstanding and Free Cash Flow Yield 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 ADF Group are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Days Sales Outstanding i.e., ADF's Days Sales Outstanding and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

0.33

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Days Sales Outstanding

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from ADF's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ADF 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ADF 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.

As of the 24th of May 2024, Tax Provision is likely to grow to about 9.2 M, while Selling General Administrative is likely to drop about 12.9 M.

	2021	2022	2023	2024 (projected)
Gross Profit	24.7M	35.6M	72.9M	76.6M
Total Revenue	280.7M	250.9M	331.0M	347.6M

Gross Profit Total Revenue

ADF fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Cash	Cash And Short Term Investments	Intangible Assets	Good Will	Short Term Debt	Current Deferred Revenue
Total Assets		0.82	0.51	0.84	0.86	0.71	0.71	0.65	0.73	0.67	-0.48	0.74	0.03	0.86	0.16	-0.14	-0.67	0.85	0.79	0.77	0.43	-0.43	0.45	-0.37	-0.05	0.78
Short Long Term Debt Total	0.82		0.4	0.72	0.52	0.77	0.92	0.34	0.67	0.71	-0.59	0.78	0.07	0.81	0.3	-0.05	-0.69	0.76	0.67	0.57	0.08	-0.68	0.47	-0.18	0.1	0.53
Other Current Liab	0.51	0.4		0.58	0.18	0.23	0.32	0.19	0.41	0.17	-0.14	0.65	-0.3	0.48	-0.07	0.22	-0.58	0.54	0.52	0.48	0.17	-0.03	-0.04	-0.13	0.24	0.45
Total Current Liabilities	0.84	0.72	0.58		0.58	0.48	0.76	0.82	0.63	0.44	-0.47	0.67	0.03	0.97	0.1	-0.13	-0.74	0.99	0.85	0.97	0.67	-0.34	0.24	-0.73	0.0	0.93
Total Stockholder Equity	0.86	0.52	0.18	0.58		0.63	0.41	0.66	0.51	0.64	-0.4	0.38	0.2	0.59	0.05	-0.25	-0.38	0.59	0.62	0.58	0.48	-0.3	0.51	-0.32	-0.3	0.64
Property Plant And Equipment Net	0.71	0.77	0.23	0.48	0.63		0.68	0.29	0.41	0.99	-0.8	0.54	0.44	0.62	0.16	-0.32	-0.58	0.54	0.73	0.3	-0.03	-0.7	0.75	-0.06	-0.37	0.41
Net Debt	0.71	0.92	0.32	0.76	0.41	0.68		0.46	0.69	0.65	-0.51	0.65	-0.01	0.86	0.26	0.1	-0.62	0.8	0.66	0.64	0.17	-0.82	0.27	-0.39	0.21	0.54
Retained Earnings	0.65	0.34	0.19	0.82	0.66	0.29	0.46		0.37	0.31	-0.36	0.23	0.2	0.77	-0.03	-0.26	-0.45	0.81	0.72	0.9	0.9	-0.15	0.21	-0.91	-0.25	0.9
Accounts Payable	0.73	0.67	0.41	0.63	0.51	0.41	0.69	0.37		0.38	-0.07	0.6	-0.42	0.66	0.36	0.23	-0.32	0.65	0.42	0.58	0.19	-0.54	-0.04	-0.21	0.42	0.43
Non Current Assets Total	0.67	0.71	0.17	0.44	0.64	0.99	0.65	0.31	0.38		-0.77	0.47	0.45	0.58	0.13	-0.3	-0.5	0.5	0.71	0.27	-0.03	-0.72	0.72	-0.08	-0.4	0.38
Non Currrent Assets Other	-0.48	-0.59	-0.14	-0.47	-0.4	-0.8	-0.51	-0.36	-0.07	-0.77		-0.31	-0.79	-0.55	-0.15	0.63	0.65	-0.51	-0.73	-0.33	-0.21	0.4	-0.88	0.3	0.65	-0.46
Net Receivables	0.74	0.78	0.65	0.67	0.38	0.54	0.65	0.23	0.6	0.47	-0.31		-0.16	0.71	0.01	-0.01	-0.72	0.69	0.63	0.54	0.0	-0.31	0.23	-0.03	0.16	0.57
Common Stock Shares Outstanding	0.03	0.07	-0.3	0.03	0.2	0.44	-0.01	0.2	-0.42	0.45	-0.79	-0.16		0.09	-0.01	-0.79	-0.23	0.05	0.37	-0.02	0.17	0.01	0.85	-0.2	-0.92	0.19
Non Current Liabilities Total	0.86	0.81	0.48	0.97	0.59	0.62	0.86	0.77	0.66	0.58	-0.55	0.71	0.09		0.15	-0.17	-0.76	0.99	0.89	0.91	0.55	-0.49	0.33	-0.66	-0.03	0.88
Inventory	0.16	0.3	-0.07	0.1	0.05	0.16	0.26	-0.03	0.36	0.13	-0.15	0.01	-0.01	0.15		-0.19	0.2	0.12	-0.01	0.06	-0.06	-0.21	0.09	0.04	0.14	-0.03
Other Current Assets	-0.14	-0.05	0.22	-0.13	-0.25	-0.32	0.1	-0.26	0.23	-0.3	0.63	-0.01	-0.79	-0.17	-0.19		0.28	-0.15	-0.38	-0.12	-0.29	-0.24	-0.72	0.21	0.84	-0.33
Other Stockholder Equity	-0.67	-0.69	-0.58	-0.74	-0.38	-0.58	-0.62	-0.45	-0.32	-0.5	0.65	-0.72	-0.23	-0.76	0.2	0.28		-0.76	-0.79	-0.64	-0.35	0.28	-0.49	0.4	0.18	-0.69
Total Liab	0.85	0.76	0.54	0.99	0.59	0.54	0.8	0.81	0.65	0.5	-0.51	0.69	0.05	0.99	0.12	-0.15	-0.76		0.87	0.95	0.63	-0.4	0.28	-0.71	-0.01	0.92
Property Plant And Equipment Gross	0.79	0.67	0.52	0.85	0.62	0.73	0.66	0.72	0.42	0.71	-0.73	0.63	0.37	0.89	-0.01	-0.38	-0.79	0.87		0.76	0.5	-0.36	0.55	-0.58	-0.39	0.85
Total Current Assets	0.77	0.57	0.48	0.97	0.58	0.3	0.64	0.9	0.58	0.27	-0.33	0.54	-0.02	0.91	0.06	-0.12	-0.64	0.95	0.76		0.8	-0.19	0.13	-0.82	0.02	0.94
Cash	0.43	0.08	0.17	0.67	0.48	-0.03	0.17	0.9	0.19	-0.03	-0.21	0.0	0.17	0.55	-0.06	-0.29	-0.35	0.63	0.5	0.8		0.17	0.1	-0.91	-0.23	0.77
Cash And Short Term Investments	-0.43	-0.68	-0.03	-0.34	-0.3	-0.7	-0.82	-0.15	-0.54	-0.72	0.4	-0.31	0.01	-0.49	-0.21	-0.24	0.28	-0.4	-0.36	-0.19	0.17		-0.21	0.09	-0.19	-0.11
Intangible Assets	0.45	0.47	-0.04	0.24	0.51	0.75	0.27	0.21	-0.04	0.72	-0.88	0.23	0.85	0.33	0.09	-0.72	-0.49	0.28	0.55	0.13	0.1	-0.21		-0.06	-0.77	0.32
Good Will	-0.37	-0.18	-0.13	-0.73	-0.32	-0.06	-0.39	-0.91	-0.21	-0.08	0.3	-0.03	-0.2	-0.66	0.04	0.21	0.4	-0.71	-0.58	-0.82	-0.91	0.09	-0.06		0.17	-0.77
Short Term Debt	-0.05	0.1	0.24	0.0	-0.3	-0.37	0.21	-0.25	0.42	-0.4	0.65	0.16	-0.92	-0.03	0.14	0.84	0.18	-0.01	-0.39	0.02	-0.23	-0.19	-0.77	0.17		-0.25
Current Deferred Revenue	0.78	0.53	0.45	0.93	0.64	0.41	0.54	0.9	0.43	0.38	-0.46	0.57	0.19	0.88	-0.03	-0.33	-0.69	0.92	0.85	0.94	0.77	-0.11	0.32	-0.77	-0.25

Click cells to compare fundamentals

ADF Account Relationship Matchups

ADF fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	173.5M	190.0M	201.1M	271.6M	328.6M	183.3M
Short Long Term Debt Total	40.2M	25.6M	36.7M	51.5M	46.4M	27.6M
Other Current Liab	15.8M	47.2M	19.6M	22.4M	20.1M	17.2M
Total Current Liabilities	50.6M	62.0M	52.4M	88.8M	105.5M	110.7M
Total Stockholder Equity	94.4M	99.6M	108.5M	125.0M	162.1M	99.3M
Property Plant And Equipment Net	88.8M	84.7M	105.2M	112.2M	107.8M	72.7M
Net Debt	36.2M	7.8M	29.5M	44.3M	39.9M	41.9M
Retained Earnings	12.9M	19.1M	28.0M	42.3M	79.3M	83.2M
Accounts Payable	15.4M	12.1M	14.8M	18.8M	24.4M	13.1M
Non Current Assets Total	93.6M	89.4M	109.9M	117.2M	113.0M	83.6M
Non Currrent Assets Other	1.4M	1.4M	1.4M	1.4M	1.1M	997.5K
Net Receivables	66.5M	70.6M	72.0M	134.2M	63.1M	43.3M
Liabilities And Stockholders Equity	173.5M	190.0M	201.1M	271.6M	244.5M	127.8M
Non Current Liabilities Total	28.5M	28.3M	40.2M	57.9M	61.0M	64.0M
Inventory	7.9M	7.0M	9.7M	10.7M	13.5M	8.4M
Other Current Assets	11.6M	10.8M	2.3M	2.3M	3.7M	3.5M
Total Liab	79.1M	90.4M	92.6M	146.6M	166.5M	174.8M
Property Plant And Equipment Gross	88.8M	144.4M	162.7M	173.0M	172.8M	181.4M
Total Current Assets	80.0M	100.6M	91.1M	154.4M	215.6M	226.4M
Cash	4.0M	17.8M	7.1M	7.2M	72.4M	76.0M
Cash And Short Term Investments	4.0M	17.8M	7.1M	7.2M	6.5M	9.2M
Accumulated Other Comprehensive Income	6.9M	5.9M	5.9M	8.1M	9.3M	9.8M
Intangible Assets	3.4M	3.3M	3.4M	3.6M	3.9M	2.6M
Short Term Debt	16.1M	3.0M	4.2M	3.1M	2.8M	2.6M
Current Deferred Revenue	3.4M	23.3M	13.8M	44.5M	51.2M	53.8M
Other Liab	4.4M	5.8M	7.7M	9.4M	10.8M	11.3M
Net Tangible Assets	91.1M	96.3M	105.1M	121.3M	139.5M	110.8M
Other Assets	1.4M	1.4M	1.4M	1.4M	1.2M	1.2M
Long Term Debt	19.2M	18.4M	28.7M	44.9M	42.1M	25.0M
Short Long Term Debt	14.1M	8.9M	15.0M	1.9M	2.2M	2.1M
Property Plant Equipment	88.8M	84.7M	105.2M	112.2M	129.1M	99.1M
Long Term Debt Total	24.1M	22.5M	32.5M	48.5M	55.7M	29.0M
Cash And Equivalents	4.0M	17.8M	7.1M	7.2M	8.3M	7.2M
Net Invested Capital	128.6M	119.8M	137.2M	169.9M	204.3M	161.3M
Net Working Capital	29.3M	38.5M	38.7M	65.6M	110.1M	115.6M

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ADF 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.

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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ADF Days Sales Outstanding vs Free Cash Flow Yield Analysis

Days Sales Outstanding vs Free Cash Flow Yield

Days Sales Outstanding vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Days Sales Outstanding

Free Cash Flow Yield

ADF fundamental ratios Correlations

ADF Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ADF fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for ADF Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Liabilities Total
Non Current Liabilities Total	+ 0.97	Total Current Liabilities
Total Current Assets	+ 0.97	Total Current Liabilities
Total Current Assets	+ 0.95	Total Liab

Short Term Debt	- 0.92	Common Stock Shares Outstanding
Good Will	- 0.91	Cash
Good Will	- 0.91	Retained Earnings
Intangible Assets	- 0.88	Non Currrent Assets Other
Good Will	- 0.82	Total Current Assets
Cash And Short Term Investments	- 0.82	Net Debt