Infosys Other Current Assets vs Net Receivables Analysis

INFY Stock  USD 18.01  0.47  2.68%   
Infosys financial indicator trend analysis is infinitely more than just investigating Infosys Ltd ADR recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Infosys Ltd ADR is a good investment. Please check the relationship between Infosys Other Current Assets and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Infosys Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Infosys Ltd ADR Other Current Assets account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.
The correlation between Infosys' Other Current Assets and Net Receivables is 0.73. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Infosys Ltd ADR, assuming nothing else is changed. The correlation between historical values of Infosys' Other Current Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Infosys Ltd ADR are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Current Assets i.e., Infosys' Other Current Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.73
Relationship DirectionPositive 
Relationship StrengthSignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Net Receivables

Most indicators from Infosys' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Infosys Ltd ADR 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Infosys Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
At this time, Infosys' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to rise to about 75.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 484.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit5.3B5.5B4.9B2.7B
Total Revenue16.3B18.2B18.6B19.5B

Infosys fundamental ratios Correlations

0.810.920.770.830.150.690.780.080.940.690.30.940.20.750.6-0.460.880.960.70.680.180.00.850.050.12
0.810.950.370.680.570.30.96-0.360.850.52-0.230.93-0.190.950.76-0.450.970.70.650.51-0.24-0.120.96-0.49-0.02
0.920.950.520.740.490.440.94-0.270.930.63-0.070.99-0.070.920.74-0.480.990.820.690.68-0.16-0.090.98-0.220.03
0.770.370.520.86-0.310.930.350.440.690.750.680.560.20.280.1-0.50.460.770.680.380.510.120.410.340.23
0.830.680.740.860.130.840.70.030.880.860.260.75-0.160.630.3-0.760.720.710.910.40.12-0.020.67-0.070.09
0.150.570.49-0.310.13-0.330.66-0.960.360.16-0.870.46-0.650.670.54-0.30.55-0.040.30.43-0.92-0.380.61-0.55-0.33
0.690.30.440.930.84-0.330.30.430.670.830.620.460.20.2-0.08-0.690.380.640.730.250.480.170.310.340.26
0.780.960.940.350.70.660.3-0.470.870.55-0.310.93-0.290.960.68-0.540.960.630.730.58-0.38-0.190.95-0.47-0.08
0.08-0.36-0.270.440.03-0.960.43-0.47-0.16-0.080.92-0.240.72-0.46-0.350.26-0.330.27-0.19-0.320.980.39-0.40.50.37
0.940.850.930.690.880.360.670.87-0.160.810.050.93-0.060.830.56-0.680.920.810.840.63-0.07-0.060.89-0.10.07
0.690.520.630.750.860.160.830.55-0.080.810.140.61-0.180.430.12-0.870.580.540.890.41-0.010.10.560.10.22
0.3-0.23-0.070.680.26-0.870.62-0.310.920.050.14-0.020.68-0.34-0.260.12-0.150.480.00.010.930.28-0.210.640.29
0.940.930.990.560.750.460.460.93-0.240.930.61-0.02-0.010.890.73-0.460.980.860.70.74-0.13-0.130.97-0.17-0.01
0.2-0.19-0.070.2-0.16-0.650.2-0.290.72-0.06-0.180.68-0.01-0.27-0.040.38-0.130.41-0.340.110.710.19-0.150.550.17
0.750.950.920.280.630.670.20.96-0.460.830.43-0.340.89-0.270.8-0.430.960.610.60.52-0.36-0.190.94-0.48-0.1
0.60.760.740.10.30.54-0.080.68-0.350.560.12-0.260.73-0.040.80.030.770.580.220.53-0.22-0.150.78-0.31-0.09
-0.46-0.45-0.48-0.5-0.76-0.3-0.69-0.540.26-0.68-0.870.12-0.460.38-0.430.03-0.47-0.24-0.87-0.190.230.07-0.430.13-0.02
0.880.970.990.460.720.550.380.96-0.330.920.58-0.150.98-0.130.960.77-0.470.780.680.65-0.21-0.120.99-0.29-0.01
0.960.70.820.770.71-0.040.640.630.270.810.540.480.860.410.610.58-0.240.780.520.660.370.050.740.170.15
0.70.650.690.680.910.30.730.73-0.190.840.890.00.7-0.340.60.22-0.870.680.520.36-0.130.030.64-0.170.15
0.680.510.680.380.40.430.250.58-0.320.630.410.010.740.110.520.53-0.190.650.660.36-0.25-0.320.690.26-0.22
0.18-0.24-0.160.510.12-0.920.48-0.380.98-0.07-0.010.93-0.130.71-0.36-0.220.23-0.210.37-0.13-0.250.4-0.290.490.38
0.0-0.12-0.090.12-0.02-0.380.17-0.190.39-0.060.10.28-0.130.19-0.19-0.150.07-0.120.050.03-0.320.4-0.160.220.99
0.850.960.980.410.670.610.310.95-0.40.890.56-0.210.97-0.150.940.78-0.430.990.740.640.69-0.29-0.16-0.31-0.05
0.05-0.49-0.220.34-0.07-0.550.34-0.470.5-0.10.10.64-0.170.55-0.48-0.310.13-0.290.17-0.170.260.490.22-0.310.22
0.12-0.020.030.230.09-0.330.26-0.080.370.070.220.29-0.010.17-0.1-0.09-0.02-0.010.150.15-0.220.380.99-0.050.22
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Infosys Account Relationship Matchups

Infosys fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets12.3B14.8B15.6B15.3B16.5B17.4B
Other Current Liab1.9B2.2B2.9B3.3B3.1B3.2B
Total Current Liabilities2.8B3.3B4.4B4.8B4.7B4.9B
Total Stockholder Equity8.6B10.4B9.9B9.2B10.6B6.2B
Property Plant And Equipment Net2.4B2.5B2.4B2.5B2.3B1.3B
Net Debt(1.9B)(2.8B)(1.6B)(471M)(1.1B)(1.1B)
Retained Earnings11.0B12.1B11.7B11.4B8.2B6.6B
Accounts Payable377M362M547M470M474.3M498.0M
Cash2.5B3.4B2.3B1.5B2.1B2.5B
Non Current Assets Total5.0B6.5B6.7B6.7B5.9B6.2B
Non Currrent Assets Other959M1.1B1.2B1.4B821.7M502.1M
Cash And Short Term Investments3.1B3.7B3.2B2.3B3.6B2.9B
Net Receivables3.4B3.7B4.9B5.0B5.3B5.5B
Common Stock Shares Outstanding4.3B4.3B4.2B4.2B4.1B4.8B
Liabilities And Stockholders Equity12.3B14.8B15.6B15.3B16.5B17.4B
Non Current Liabilities Total802M1.1B1.1B1.3B1.3B1.3B
Other Current Assets38M938M43M1.3B1.8B1.9B
Other Stockholder Equity(3.3B)(2.9B)(3.2B)(3.9B)73.9M77.6M
Total Liab3.6B4.3B5.6B6.1B5.9B6.2B
Total Current Assets7.2B8.3B8.9B8.6B10.7B11.2B
Accumulated Other Comprehensive Income592M910M1.2B1.4B2.0B2.1B
Cash And Equivalents2.8B2.5B3.4B2.3B2.7B2.6B
Property Plant Equipment2.4B2.6B2.4B2.5B2.9B2.7B
Current Deferred Revenue397M554M835M872M880.2M924.2M
Short Term Debt82M101M115M151M234.9M371.2M
Other Assets1.4B1.1B1.2B1.4B1.6B1.2B
Inventory709M19M728M25M43M40.9M
Other Liab272M432M521M460M529M555.5M
Property Plant And Equipment Gross2.4B2.5B4.6B4.6B5.2B5.5B
Intangible Assets251M283M225M213M167M95.7M
Good Will699M832M817M882M875.6M614.6M
Net Tangible Assets7.7B9.3B8.9B8.1B9.3B8.6B
Deferred Long Term Liab13M20M119M102M117.3M123.2M
Long Term Investments600M1.6B1.9B1.5B1.8B947.1M

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