Insight Ptb Ratio vs Days Payables Outstanding Analysis

NSIT Stock  USD 211.19  4.20  1.95%   
Insight Enterprises financial indicator trend analysis is infinitely more than just investigating Insight Enterprises recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Insight Enterprises is a good investment. Please check the relationship between Insight Enterprises Ptb Ratio and its Days Payables Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Insight Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Insight Stock please use our How to Invest in Insight Enterprises guide.

Ptb Ratio vs Days Payables Outstanding

Ptb Ratio vs Days Payables Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Insight Enterprises Ptb Ratio account and Days Payables Outstanding. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Insight Enterprises' Ptb Ratio and Days Payables Outstanding is 0.15. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of Insight Enterprises, assuming nothing else is changed. The correlation between historical values of Insight Enterprises' Ptb Ratio and Days Payables 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 Ptb Ratio of Insight Enterprises are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Ptb Ratio i.e., Insight Enterprises' Ptb Ratio and Days Payables Outstanding go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Payables Outstanding

Most indicators from Insight Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Insight Enterprises 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Insight Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Insight Stock please use our How to Invest in Insight Enterprises guide.Selling General Administrative is likely to gain to about 1.2 B in 2024, whereas Tax Provision is likely to drop slightly above 71.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense40.5M39.5M41.1M43.2M
Depreciation And Amortization55.4M56.6M62.5M65.6M

Insight Enterprises fundamental ratios Correlations

0.840.990.990.990.70.720.980.980.650.970.370.651.00.250.920.510.870.40.970.880.990.94-0.430.78-0.4
0.840.830.780.80.560.970.820.780.310.840.560.310.830.030.930.40.880.270.890.630.830.89-0.460.57-0.45
0.990.830.970.970.720.710.960.960.60.980.430.60.980.250.930.480.830.390.960.880.970.95-0.410.75-0.38
0.990.780.970.990.710.640.980.980.70.950.290.70.990.290.860.540.830.410.950.90.990.9-0.410.81-0.38
0.990.80.970.990.740.680.990.990.620.930.40.621.00.290.860.590.860.480.980.880.990.89-0.370.73-0.34
0.70.560.720.710.740.470.670.720.430.640.360.430.710.50.550.590.50.670.730.770.710.570.110.460.17
0.720.970.710.640.680.470.70.650.060.720.660.060.71-0.120.850.370.830.170.80.520.70.8-0.460.41-0.46
0.980.820.960.980.990.670.70.970.590.950.370.590.990.150.870.530.870.330.960.890.980.91-0.520.77-0.49
0.980.780.960.980.990.720.650.970.640.910.420.640.990.30.840.650.880.510.970.860.990.87-0.370.69-0.34
0.650.310.60.70.620.430.060.590.640.61-0.281.00.630.560.470.210.380.420.520.570.650.49-0.080.73-0.03
0.970.840.980.950.930.640.720.950.910.610.330.610.950.160.950.340.80.250.920.860.940.98-0.50.84-0.46
0.370.560.430.290.40.360.660.370.42-0.280.33-0.280.38-0.130.460.540.620.340.540.190.390.42-0.18-0.22-0.2
0.650.310.60.70.620.430.060.590.641.00.61-0.280.630.560.470.210.380.420.520.570.650.49-0.080.73-0.03
1.00.830.980.991.00.710.710.990.990.630.950.380.630.270.890.560.880.450.980.871.00.92-0.410.75-0.38
0.250.030.250.290.290.5-0.120.150.30.560.16-0.130.560.270.080.290.020.810.220.280.290.070.720.150.74
0.920.930.930.860.860.550.850.870.840.470.950.460.470.890.080.310.850.240.890.720.880.99-0.510.7-0.48
0.510.40.480.540.590.590.370.530.650.210.340.540.210.560.290.310.660.650.630.490.590.29-0.040.06-0.03
0.870.880.830.830.860.50.830.870.880.380.80.620.380.880.020.850.660.370.930.630.890.82-0.540.48-0.53
0.40.270.390.410.480.670.170.330.510.420.250.340.420.450.810.240.650.370.470.290.470.210.52-0.010.55
0.970.890.960.950.980.730.80.960.970.520.920.540.520.980.220.890.630.930.470.830.980.9-0.40.64-0.38
0.880.630.880.90.880.770.520.890.860.570.860.190.570.870.280.720.490.630.290.830.870.77-0.320.8-0.28
0.990.830.970.990.990.710.70.980.990.650.940.390.651.00.290.880.590.890.470.980.870.9-0.390.74-0.36
0.940.890.950.90.890.570.80.910.870.490.980.420.490.920.070.990.290.820.210.90.770.9-0.540.76-0.51
-0.43-0.46-0.41-0.41-0.370.11-0.46-0.52-0.37-0.08-0.5-0.18-0.08-0.410.72-0.51-0.04-0.540.52-0.4-0.32-0.39-0.54-0.480.99
0.780.570.750.810.730.460.410.770.690.730.84-0.220.730.750.150.70.060.48-0.010.640.80.740.76-0.48-0.43
-0.4-0.45-0.38-0.38-0.340.17-0.46-0.49-0.34-0.03-0.46-0.2-0.03-0.380.74-0.48-0.03-0.530.55-0.38-0.28-0.36-0.510.99-0.43
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Insight Enterprises Account Relationship Matchups

Insight Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.2B4.3B4.7B5.1B6.3B6.6B
Short Long Term Debt Total859.4M438.7M361.6M637.9M579.9M608.8M
Other Current Liab352.2M408.1M423.5M400.9M538.3M565.3M
Total Current Liabilities1.9B2.2B2.5B2.9B3.4B3.5B
Total Stockholder Equity1.2B1.3B1.5B1.6B1.7B1.8B
Property Plant And Equipment Net130.9M146.0M176.3M204.3M210.1M116.7M
Net Debt744.7M310.4M257.8M474.3M311.1M326.7M
Retained Earnings841.1M993.2M1.2B1.4B1.4B1.5B
Accounts Payable1.5B1.8B2.1B2.1B2.3B2.4B
Cash114.7M128.3M103.8M163.6M268.7M282.2M
Non Current Assets Total1.1B1.1B1.1B1.2B2.0B2.1B
Non Currrent Assets Other305.5M312.0M301.4M114.9M12.7M12.1M
Cash And Short Term Investments114.7M128.3M103.8M163.6M268.7M282.2M
Net Receivables2.5B2.7B2.9B3.3B3.7B3.9B
Common Stock Shares Outstanding36.0M35.4M36.9M36.6M37.2M43.7M
Liabilities And Stockholders Equity4.2B4.3B4.7B5.1B6.3B6.6B
Non Current Liabilities Total1.1B740.8M664.6M608.1M1.2B1.2B
Inventory190.8M185.7M328.1M265.2M184.6M141.7M
Other Current Assets231.1M177.0M199.6M199.5M189.2M198.6M
Other Stockholder Equity357.0M364.3M368.3M327.9M328.6M290.4M
Total Liab3.0B3.0B3.2B3.5B3.4B3.5B
Property Plant And Equipment Gross130.9M146.0M410.0M419.2M429.7M451.1M
Total Current Assets3.0B3.2B3.6B3.9B4.3B4.5B
Accumulated Other Comprehensive Income(38.2M)(15.5M)(27.1M)(58.8M)(41.6M)(39.5M)
Intangible Assets278.6M246.9M214.8M205.0M369.7M388.2M
Common Stock Total Equity353K351K349K340K306K331.3K
Short Term Debt1.7M1.1M36K346.2M579.9M608.8M
Common Stock353K351K349K340K326K328.5K
Other Assets230.8M312.0M301.4M233.5M268.5M281.9M
Long Term Debt857.7M437.6M361.6M291.7M592.5M622.1M
Good Will415.1M429.4M428.3M493.0M684.3M718.6M
Property Plant Equipment130.9M146.0M176.3M280.4M322.5M338.6M
Other Liab216.4M303.3M303.0M253.1M291.1M305.6M
Net Tangible Assets466.6M666.1M866.1M1.4B1.6B1.7B
Retained Earnings Total Equity841.1M993.2M1.2B1.4B1.6B1.7B
Long Term Debt Total857.7M437.6M361.6M291.7M335.4M265.4M
Capital Surpluse357.0M364.3M368.3M327.9M295.1M273.3M
Deferred Long Term Liab44.6M33.2M47.1M32.8M37.8M39.7M
Non Current Liabilities Other232.0M270.0M256.0M283.6M203.3M129.1M

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Additional Tools for Insight Stock Analysis

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