Alector Days Sales Outstanding vs Capex To Depreciation Analysis

ALEC Stock  USD 1.60  0.07  4.58%   
Alector financial indicator trend analysis is way more than just evaluating Alector prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alector is a good investment. Please check the relationship between Alector Days Sales Outstanding and its Capex To Depreciation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.

Days Sales Outstanding vs Capex To Depreciation

Days Sales Outstanding vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alector Days Sales Outstanding account and Capex To Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alector's Days Sales Outstanding and Capex To Depreciation is -0.17. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Alector, assuming nothing else is changed. The correlation between historical values of Alector's Days Sales Outstanding and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Alector are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Days Sales Outstanding i.e., Alector's Days Sales Outstanding and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Sales Outstanding

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from Alector's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alector 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 Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.The current year's Issuance Of Capital Stock is expected to grow to about 68.4 M, whereas Selling General Administrative is forecasted to decline to about 42.4 M.
 2023 2024 2025 2026 (projected)
Total Operating Expenses240.0M245.6M282.4M182.1M
Cost Of Revenue8.8M8.8M8.0M7.6M

Alector fundamental ratios Correlations

0.680.880.860.840.870.9-0.33-0.820.820.590.920.930.870.98-0.050.890.840.90.840.830.930.93-0.251.00.8
0.680.840.560.920.690.630.28-0.950.53-0.010.670.790.910.67-0.140.820.480.890.850.920.650.81-0.680.670.86
0.880.840.770.880.880.8-0.12-0.920.780.390.840.930.890.87-0.090.880.640.910.950.890.820.95-0.290.880.82
0.860.560.770.610.970.96-0.28-0.710.780.570.950.720.680.86-0.20.710.470.870.710.810.620.87-0.180.840.74
0.840.920.880.610.710.680.03-0.940.680.230.720.90.960.820.010.890.760.90.870.90.870.86-0.570.850.86
0.870.690.880.970.710.94-0.17-0.820.780.470.950.810.770.88-0.210.80.480.920.830.880.660.95-0.210.850.81
0.90.630.80.960.680.94-0.15-0.760.670.461.00.780.750.89-0.190.820.580.890.780.820.710.89-0.230.880.85
-0.330.28-0.12-0.280.03-0.17-0.15-0.13-0.43-0.94-0.16-0.16-0.03-0.360.060.02-0.35-0.010.080.08-0.3-0.12-0.33-0.340.17
-0.82-0.95-0.92-0.71-0.94-0.82-0.76-0.13-0.7-0.16-0.79-0.91-0.96-0.820.17-0.89-0.61-0.96-0.94-0.96-0.77-0.930.49-0.82-0.89
0.820.530.780.780.680.780.67-0.43-0.70.620.70.780.720.82-0.120.60.590.780.730.740.710.83-0.160.820.51
0.59-0.010.390.570.230.470.46-0.94-0.160.620.470.410.290.62-0.120.260.510.330.20.230.510.420.180.60.14
0.920.670.840.950.720.951.0-0.16-0.790.70.470.830.790.92-0.190.840.620.910.820.840.750.92-0.240.90.86
0.930.790.930.720.90.810.78-0.16-0.910.780.410.830.950.94-0.20.90.80.890.950.840.920.95-0.280.930.8
0.870.910.890.680.960.770.75-0.03-0.960.720.290.790.950.89-0.220.90.750.940.90.920.870.91-0.550.880.86
0.980.670.870.860.820.880.89-0.36-0.820.820.620.920.940.89-0.220.860.810.90.850.820.910.94-0.240.980.79
-0.05-0.14-0.09-0.20.01-0.21-0.190.060.17-0.12-0.12-0.19-0.2-0.22-0.220.040.13-0.19-0.19-0.180.07-0.190.09-0.03-0.19
0.890.820.880.710.890.80.820.02-0.890.60.260.840.90.90.860.040.770.880.880.830.870.9-0.350.890.84
0.840.480.640.470.760.480.58-0.35-0.610.590.510.620.80.750.810.130.770.620.630.530.960.66-0.210.860.56
0.90.890.910.870.90.920.89-0.01-0.960.780.330.910.890.940.9-0.190.880.620.910.990.770.97-0.50.890.91
0.840.850.950.710.870.830.780.08-0.940.730.20.820.950.90.85-0.190.880.630.910.880.790.94-0.290.840.85
0.830.920.890.810.90.880.820.08-0.960.740.230.840.840.920.82-0.180.830.530.990.880.70.93-0.570.820.9
0.930.650.820.620.870.660.71-0.3-0.770.710.510.750.920.870.910.070.870.960.770.790.70.82-0.260.940.7
0.930.810.950.870.860.950.89-0.12-0.930.830.420.920.950.910.94-0.190.90.660.970.940.930.82-0.290.930.85
-0.25-0.68-0.29-0.18-0.57-0.21-0.23-0.330.49-0.160.18-0.24-0.28-0.55-0.240.09-0.35-0.21-0.5-0.29-0.57-0.26-0.29-0.25-0.51
1.00.670.880.840.850.850.88-0.34-0.820.820.60.90.930.880.98-0.030.890.860.890.840.820.940.93-0.250.78
0.80.860.820.740.860.810.850.17-0.890.510.140.860.80.860.79-0.190.840.560.910.850.90.70.85-0.510.78
Click cells to compare fundamentals

Alector Account Relationship Matchups

Alector fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets814.7M787.6M621.8M468.3M538.5M513.5M
Other Current Liab36.2M33.3M82.7M90.4M104.0M109.2M
Total Current Liabilities139.6M93.8M177.9M125.1M143.8M86.6M
Total Stockholder Equity300.7M214.4M134.2M126.8M145.8M130.1M
Other Liab123.7M108.9M334.6M444.1M510.7M536.3M
Net Tangible Assets194.7M267.5M300.7M214.4M246.6M126.2M
Property Plant And Equipment Net57.9M53.3M47.1M37.1M42.7M41.1M
Net Debt(281.6M)(111.0M)(35.6M)9.5M8.5M9.0M
Retained Earnings(446.4M)(579.7M)(710.1M)(829.1M)(746.2M)(708.9M)
Accounts Payable4.7M4.2M3.8M2.2M2.5M2.5M
Cash329.2M154.3M74.6M33.0M38.0M36.1M
Non Current Assets Total64.9M61.2M56.0M43.5M50.0M46.2M
Non Currrent Assets Other7.0M7.9M9.0M6.4M7.3M5.0M
Other Assets2.1M4.1M7.0M7.9M9.1M9.5M
Cash And Short Term Investments735.3M712.9M548.9M413.4M475.4M433.9M
Common Stock Shares Outstanding80.4M82.5M83.7M96.6M111.1M74.7M
Liabilities And Stockholders Equity814.7M787.6M621.8M468.3M538.5M513.5M
Non Current Liabilities Total374.4M479.4M309.7M216.4M248.9M296.8M
Other Current Assets7.1M11.0M16.9M11.4M13.1M7.6M
Other Stockholder Equity748.0M798.7M844.0M955.7M1.1B1.2B
Total Liab513.9M573.2M487.7M341.5M392.7M383.4M
Property Plant And Equipment Gross75.2M75.9M75.1M70.0M80.5M50.0M
Total Current Assets749.7M726.4M565.8M424.8M488.5M467.3M
Accumulated Other Comprehensive Income(943K)(4.6M)184K261K234.9K246.6K
Property Plant Equipment62.3M30.2M27.3M53.3M61.3M64.4M
Current Deferred Revenue90.8M48.2M83.0M23.7M27.2M48.6M
Net Invested Capital300.7M214.4M134.2M136.2M156.6M151.0M
Non Current Liabilities Other374.4M759K1.4M1.2M1.4M1.3M
Net Working Capital610.2M632.6M387.9M299.8M344.7M416.6M
Short Term Investments406.1M558.5M474.3M380.4M437.4M419.7M
Short Term Debt7.8M8.1M8.5M8.8M7.9M9.4M
Short Long Term Debt Total47.6M43.3M38.9M42.5M38.3M36.2M
Capital Lease Obligations47.6M43.3M38.9M33.1M29.8M35.0M

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When determining whether Alector offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alector's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alector Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alector Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alector. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade Alector Stock refer to our How to Trade Alector Stock guide.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alector. If investors know Alector will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alector listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.86)
Earnings Share
(1.06)
Revenue Per Share
0.689
Quarterly Revenue Growth
(0.79)
Return On Assets
(0.18)
The market value of Alector is measured differently than its book value, which is the value of Alector that is recorded on the company's balance sheet. Investors also form their own opinion of Alector's value that differs from its market value or its book value, called intrinsic value, which is Alector's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alector's market value can be influenced by many factors that don't directly affect Alector's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alector's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.