SolarCity Inventory Turnover vs PPandE Turnover Analysis

SCTY -- USA Stock  

null 20.34  0.00  0.00%

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

Inventory Turnover vs PPandE Turnover

Accounts Relationship

Inventory Turnover vs PPandE Turnover

Significance: Significant Contrarian Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of SolarCity Inventory Turnover account and PPandE Turnover

Correlation Coefficient

-0.28
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory Turnover

PPandE Turnover

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