CDW Stock | | | USD 186.01 5.90 3.07% |
CDW Corp financial indicator trend analysis is way more than just evaluating CDW Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CDW Corp is a good investment. Please check the relationship between CDW Corp Accounts Payable and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CDW Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy CDW Stock please use our
How to Invest in CDW Corp guide.
Accounts Payable vs Common Stock Shares Outstanding
Accounts Payable vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
CDW Corp Accounts Payable account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CDW Corp's Accounts Payable and Common Stock Shares Outstanding is -0.07. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of CDW Corp, assuming nothing else is changed. The correlation between historical values of CDW Corp's Accounts Payable and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of CDW Corp are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Accounts Payable i.e., CDW Corp's Accounts Payable and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.07 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Accounts Payable
An accounting item on the balance sheet that represents CDW Corp obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CDW Corp are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from CDW Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CDW Corp 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
Trending Equities to better understand how to build diversified portfolios, which includes a position in CDW Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
For more information on how to buy CDW Stock please use our
How to Invest in CDW Corp guide.At this time, CDW Corp's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value Over EBITDA is likely to climb to 18.77 in 2024, whereas
Tax Provision is likely to drop slightly above 280
M in 2024.
CDW Corp fundamental ratios Correlations
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CDW Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CDW Corp fundamental ratios Accounts
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Additional Tools for CDW Stock Analysis
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measure CDW Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CDW Corp is operating at the current time. Most of CDW Corp's value examination focuses on studying past and present price action to
predict the probability of CDW Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CDW Corp's price. Additionally, you may evaluate how the addition of CDW Corp to your portfolios can decrease your overall portfolio volatility.