Workday Net Invested Capital vs Net Working Capital Analysis

WDAY Stock

USD 239.53 2.66 1.12%

Workday financial indicator trend analysis is more than just analyzing Workday current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Workday is a good investment. Please check the relationship between Workday Net Invested Capital and its Net Working Capital accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Workday Stock please use our How to Invest in Workday guide.

Net Invested Capital vs Net Working Capital

Net Invested Capital vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Workday Net Invested Capital account and Net Working Capital. At this time, the significance of the direction appears to have strong relationship.

The correlation between Workday's Net Invested Capital and Net Working Capital is 0.72. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Workday, assuming nothing else is changed. The correlation between historical values of Workday's Net Invested Capital and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Workday are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Net Invested Capital i.e., Workday's Net Invested Capital and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.72

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Net Working Capital

Most indicators from Workday's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Workday 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more information on how to buy Workday Stock please use our How to Invest in Workday guide.At this time, Workday's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 117.6 M in 2025, whereas Enterprise Value Over EBITDA is likely to drop (229.64) in 2025.

	2022	2023	2024	2025 (projected)
Gross Profit	4.5B	5.5B	7.2B	7.5B
Total Revenue	6.2B	7.3B	8.4B	8.9B

Gross Profit Total Revenue

Workday fundamental ratios Correlations

	Total Assets	Property Plant And Equipment Net	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Short Term Investments	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Current Deferred Revenue	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Net Receivables	Good Will	Common Stock Total Equity	Non Current Liabilities Total
Total Assets		0.93	-0.07	0.81	0.91	0.97	0.95	0.99	0.99	0.98	0.65	0.51	0.99	0.96	0.99	0.19	0.99	-0.48	0.9	0.98	0.96	0.93	0.99	0.96	0.67	0.95
Property Plant And Equipment Net	0.93		0.15	0.85	0.96	0.85	0.79	0.96	0.97	0.92	0.7	0.66	0.94	0.99	0.88	0.17	0.97	-0.73	0.89	0.97	0.87	0.81	0.96	0.96	0.73	0.84
Net Debt	-0.07	0.15		0.39	0.07	-0.11	-0.22	0.03	0.03	-0.12	0.17	0.81	0.06	0.07	-0.16	-0.04	0.0	-0.62	0.11	-0.02	-0.29	-0.04	-0.04	0.0	0.22	-0.04
Cash	0.81	0.85	0.39		0.85	0.79	0.71	0.85	0.85	0.74	0.66	0.85	0.85	0.86	0.75	0.2	0.83	-0.72	0.79	0.79	0.66	0.75	0.81	0.78	0.77	0.76
Other Assets	0.91	0.96	0.07	0.85		0.83	0.77	0.94	0.94	0.88	0.7	0.61	0.91	0.98	0.87	0.13	0.95	-0.68	0.84	0.95	0.86	0.74	0.94	0.96	0.69	0.77
Cash And Short Term Investments	0.97	0.85	-0.11	0.79	0.83		0.99	0.95	0.95	0.94	0.58	0.47	0.95	0.89	0.98	0.25	0.94	-0.37	0.86	0.91	0.93	0.96	0.95	0.87	0.66	0.96
Short Term Investments	0.95	0.79	-0.22	0.71	0.77	0.99		0.91	0.91	0.93	0.53	0.36	0.92	0.84	0.97	0.26	0.91	-0.26	0.82	0.88	0.93	0.95	0.92	0.84	0.6	0.96
Other Stockholder Equity	0.99	0.96	0.03	0.85	0.94	0.95	0.91		1.0	0.96	0.7	0.59	0.99	0.98	0.96	0.23	0.99	-0.59	0.91	0.98	0.93	0.91	0.99	0.97	0.73	0.93
Total Liab	0.99	0.97	0.03	0.85	0.94	0.95	0.91	1.0		0.96	0.69	0.59	0.99	0.98	0.96	0.22	1.0	-0.59	0.92	0.98	0.94	0.92	1.0	0.97	0.71	0.94
Property Plant And Equipment Gross	0.98	0.92	-0.12	0.74	0.88	0.94	0.93	0.96	0.96		0.65	0.44	0.96	0.94	0.98	0.16	0.97	-0.41	0.83	0.97	0.96	0.9	0.97	0.94	0.61	0.92
Common Stock Shares Outstanding	0.65	0.7	0.17	0.66	0.7	0.58	0.53	0.7	0.69	0.65		0.52	0.68	0.7	0.6	0.01	0.69	-0.51	0.63	0.69	0.6	0.59	0.68	0.68	0.3	0.62
Short Long Term Debt Total	0.51	0.66	0.81	0.85	0.61	0.47	0.36	0.59	0.59	0.44	0.52		0.61	0.61	0.42	0.1	0.56	-0.82	0.6	0.52	0.3	0.49	0.53	0.53	0.6	0.5
Other Current Liab	0.99	0.94	0.06	0.85	0.91	0.95	0.92	0.99	0.99	0.96	0.68	0.61		0.96	0.96	0.21	0.99	-0.56	0.91	0.97	0.93	0.94	0.99	0.96	0.69	0.95
Total Current Liabilities	0.96	0.99	0.07	0.86	0.98	0.89	0.84	0.98	0.98	0.94	0.7	0.61	0.96		0.92	0.19	0.98	-0.66	0.89	0.98	0.91	0.83	0.98	0.97	0.72	0.86
Total Stockholder Equity	0.99	0.88	-0.16	0.75	0.87	0.98	0.97	0.96	0.96	0.98	0.6	0.42	0.96	0.92		0.16	0.97	-0.36	0.85	0.96	0.97	0.93	0.97	0.94	0.62	0.94
Other Liab	0.19	0.17	-0.04	0.2	0.13	0.25	0.26	0.23	0.22	0.16	0.01	0.1	0.21	0.19	0.16		0.22	-0.3	0.15	0.11	0.18	0.25	0.2	0.07	0.54	0.24
Current Deferred Revenue	0.99	0.97	0.0	0.83	0.95	0.94	0.91	0.99	1.0	0.97	0.69	0.56	0.99	0.98	0.97	0.22		-0.58	0.91	0.99	0.95	0.9	1.0	0.98	0.7	0.92
Retained Earnings	-0.48	-0.73	-0.62	-0.72	-0.68	-0.37	-0.26	-0.59	-0.59	-0.41	-0.51	-0.82	-0.56	-0.66	-0.36	-0.3	-0.58		-0.63	-0.55	-0.35	-0.37	-0.55	-0.58	-0.71	-0.4
Accounts Payable	0.9	0.89	0.11	0.79	0.84	0.86	0.82	0.91	0.92	0.83	0.63	0.6	0.91	0.89	0.85	0.15	0.91	-0.63		0.89	0.84	0.88	0.92	0.9	0.63	0.9
Non Current Assets Total	0.98	0.97	-0.02	0.79	0.95	0.91	0.88	0.98	0.98	0.97	0.69	0.52	0.97	0.98	0.96	0.11	0.99	-0.55	0.89		0.95	0.87	0.99	0.99	0.65	0.9
Non Currrent Assets Other	0.96	0.87	-0.29	0.66	0.86	0.93	0.93	0.93	0.94	0.96	0.6	0.3	0.93	0.91	0.97	0.18	0.95	-0.35	0.84	0.95		0.9	0.96	0.93	0.57	0.92
Long Term Debt	0.93	0.81	-0.04	0.75	0.74	0.96	0.95	0.91	0.92	0.9	0.59	0.49	0.94	0.83	0.93	0.25	0.9	-0.37	0.88	0.87	0.9		0.91	0.84	0.59	1.0
Net Receivables	0.99	0.96	-0.04	0.81	0.94	0.95	0.92	0.99	1.0	0.97	0.68	0.53	0.99	0.98	0.97	0.2	1.0	-0.55	0.92	0.99	0.96	0.91		0.98	0.68	0.93
Good Will	0.96	0.96	0.0	0.78	0.96	0.87	0.84	0.97	0.97	0.94	0.68	0.53	0.96	0.97	0.94	0.07	0.98	-0.58	0.9	0.99	0.93	0.84	0.98		0.64	0.87
Common Stock Total Equity	0.67	0.73	0.22	0.77	0.69	0.66	0.6	0.73	0.71	0.61	0.3	0.6	0.69	0.72	0.62	0.54	0.7	-0.71	0.63	0.65	0.57	0.59	0.68	0.64		0.6
Non Current Liabilities Total	0.95	0.84	-0.04	0.76	0.77	0.96	0.96	0.93	0.94	0.92	0.62	0.5	0.95	0.86	0.94	0.24	0.92	-0.4	0.9	0.9	0.92	1.0	0.93	0.87	0.6

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Workday Account Relationship Matchups

Workday fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.7B	10.5B	13.5B	16.5B	18.0B	18.9B
Property Plant And Equipment Net	1.4B	1.4B	1.5B	1.5B	1.6B	1.7B
Net Debt	853.9M	568.5M	1.4B	1.3B	(1.2B)	(1.1B)
Cash	1.4B	1.5B	1.9B	2.0B	1.5B	827.8M
Other Assets	274.1M	461.6M	682.5M	498.0M	572.6M	601.3M
Cash And Short Term Investments	3.5B	3.6B	6.1B	7.8B	8.0B	8.4B
Short Term Investments	2.2B	2.1B	4.2B	5.8B	6.5B	6.8B
Other Stockholder Equity	6.2B	7.3B	8.6B	9.8B	10.2B	10.7B
Total Liab	5.4B	6.0B	7.9B	8.4B	8.9B	9.4B
Property Plant And Equipment Gross	1.4B	1.4B	1.5B	2.8B	2.9B	3.0B
Accumulated Other Comprehensive Income	(55.0M)	7.7M	53.1M	21M	84M	88.2M
Common Stock Shares Outstanding	237.0M	254.0M	254.8M	265.3M	269.2M	235.6M
Short Long Term Debt Total	2.2B	2.1B	3.2B	3.3B	378M	359.1M
Other Current Liab	361.3M	518.0M	732.7M	831M	775M	813.8M
Total Current Liabilities	4.3B	5.1B	4.6B	5.1B	5.5B	5.8B
Total Stockholder Equity	3.3B	4.5B	5.6B	8.1B	9.0B	9.5B
Other Liab	101.0M	116.0M	95.8M	114.8M	132.0M	127.6M
Current Deferred Revenue	2.6B	3.1B	3.6B	4.1B	4.5B	4.7B
Retained Earnings	(2.9B)	(2.7B)	(3.1B)	(1.7B)	(1.2B)	(1.3B)
Accounts Payable	75.6M	55.5M	153.8M	78M	108M	113.4M
Non Current Assets Total	3.9B	5.3B	5.4B	6.5B	7.4B	7.8B
Non Currrent Assets Other	317.5M	414.1M	505.8M	572M	979M	1.0B
Long Term Debt	691.9M	617.4M	3.0B	3.0B	3.0B	3.1B
Net Receivables	1.0B	1.2B	1.6B	1.6B	2.0B	2.0B
Good Will	1.8B	1.8B	2.8B	2.8B	3.5B	3.7B
Common Stock Total Equity	221K	231K	242K	251K	288.7K	196.1K
Liabilities And Stockholders Equity	8.7B	10.5B	13.5B	16.5B	18.0B	18.9B
Non Current Liabilities Total	1.2B	895.6M	3.3B	3.3B	3.4B	3.6B
Other Current Assets	233.9M	327.4M	416.7M	487M	578M	606.9M
Total Current Assets	4.8B	5.2B	8.1B	9.9B	10.5B	11.1B
Short Term Debt	1.3B	1.4B	182.3M	346M	198M	393.0M
Intangible Assets	248.6M	391.0M	305.5M	259M	361M	379.1M
Common Stock	231K	242K	251K	259K	297.9K	202.9K
Property Plant Equipment	936.2M	972.4M	1.4B	1.5B	1.7B	1.8B
Net Tangible Assets	358.9M	1.5B	1.3B	2.4B	2.8B	2.9B
Retained Earnings Total Equity	(2.1B)	(2.6B)	(2.9B)	(2.7B)	(2.5B)	(2.6B)
Capital Surpluse	4.1B	5.1B	6.3B	7.3B	8.4B	8.8B
Deferred Long Term Liab	222.4M	271.8M	341.3M	421.0M	484.1M	508.3M

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When running Workday's price analysis, check to measure Workday'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 Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.

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Workday Net Invested Capital vs Net Working Capital Analysis

Net Invested Capital vs Net Working Capital

Net Invested Capital vs Net Working Capital Correlation Analysis

Correlation Coefficient

Net Invested Capital

Net Working Capital

Workday fundamental ratios Correlations

Workday Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Workday fundamental ratios Accounts

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Additional Tools for Workday Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Other Stockholder Equity
Current Deferred Revenue	+ 1.0	Total Liab
Net Receivables	+ 1.0	Total Liab
Net Receivables	+ 1.0	Current Deferred Revenue
Non Current Liabilities Total	+ 1.0	Long Term Debt
Other Stockholder Equity	+ 0.99	Total Assets

Retained Earnings	- 0.82	Short Long Term Debt Total
Retained Earnings	- 0.73	Property Plant And Equipment Net
Retained Earnings	- 0.72	Cash
Common Stock Total Equity	- 0.71	Retained Earnings
Retained Earnings	- 0.68	Other Assets
Retained Earnings	- 0.66	Total Current Liabilities