>

CVS Health Inventory Turnover vs Receivables Turnover Analysis

<div class='circular--portrait' style='background:#2A0CD0;color: white;font-size:3em;padding-top: 40px;;'>CVS</div>
CVS -- USA Stock  

Fiscal Quarter End: March 31, 2020  

CVS Health financial indicator trend analysis is way more than just evaluating CVS Health prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CVS Health is a good investment. Please check the relationship between CVS Health Inventory Turnover and its Receivables Turnover accounts. Continue to Trending Equities.

Inventory Turnover vs Receivables Turnover

Accounts Relationship

Inventory Turnover vs Receivables Turnover

Significance: Strong Contrarian Relationship

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

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Inventory Turnover

Receivables Turnover