Krispy Price To Sales Ratio vs Inventory Turnover Analysis
DNUT Stock | USD 11.04 0.15 1.38% |
Krispy Kreme financial indicator trend analysis is infinitely more than just investigating Krispy Kreme recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Krispy Kreme is a good investment. Please check the relationship between Krispy Kreme Price To Sales Ratio and its Inventory Turnover accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Krispy Kreme. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Krispy Stock please use our How to Invest in Krispy Kreme guide.
Price To Sales Ratio vs Inventory Turnover
Price To Sales Ratio vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Krispy Kreme Price To Sales Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Krispy Kreme's Price To Sales Ratio and Inventory Turnover is -0.03. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Krispy Kreme, assuming nothing else is changed. The correlation between historical values of Krispy Kreme's Price To Sales Ratio and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Krispy Kreme are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Price To Sales Ratio i.e., Krispy Kreme's Price To Sales Ratio and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Krispy Kreme stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Krispy Kreme sales, a figure that is much harder to manipulate than other Krispy Kreme multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Most indicators from Krispy Kreme's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Krispy Kreme 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Krispy Kreme. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Krispy Stock please use our How to Invest in Krispy Kreme guide.Tax Provision is likely to drop to about 7.3 M in 2024. Selling General Administrative is likely to drop to about 230.1 M in 2024
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.0B | 1.1B | 340.4M | 323.4M | Total Revenue | 1.4B | 1.5B | 1.7B | 1.4B |
Krispy Kreme fundamental ratios Correlations
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Krispy Kreme Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Additional Tools for Krispy Stock Analysis
When running Krispy Kreme's price analysis, check to measure Krispy Kreme'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 Krispy Kreme is operating at the current time. Most of Krispy Kreme's value examination focuses on studying past and present price action to predict the probability of Krispy Kreme's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Krispy Kreme's price. Additionally, you may evaluate how the addition of Krispy Kreme to your portfolios can decrease your overall portfolio volatility.