SolarCity PPandE Turnover vs Inventory Turnover Analysis

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 PPandE Turnover and its Inventory Turnover accounts. Also please take a look at World Market Map.

PPandE Turnover vs Inventory Turnover

Accounts Relationship

PPandE Turnover vs Inventory Turnover

Significance: Weak Contrarian Relationship

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

Correlation Coefficient

-0.2
Relationship DirectionNegative 
Relationship StrengthInsignificant

PPandE Turnover

Inventory Turnover

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