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Johnson Receivables Turnover vs Return on Investment Analysis

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JNJ -- USA Stock  

Fiscal Quarter End: March 31, 2020  

Johnson Johnson financial indicator trend analysis is infinitely more than just investigating Johnson Johnson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Johnson is a good investment. Please check the relationship between Johnson Johnson Receivables Turnover and its Return on Investment accounts. Please see Risk vs Return Analysis.

Receivables Turnover vs Return on Investment

Accounts Relationship

Receivables Turnover vs Return on Investment

Significance: Very Strong Relationship

Receivables Turnover diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Johnson Johnson Receivables Turnover account and Return on Investment

Correlation Coefficient

0.85
Relationship DirectionPositive 
Relationship StrengthStrong

Receivables Turnover

Return on Investment