Hims Payout Ratio vs Inventory Turnover Analysis

HIMS Stock  USD 25.33  1.18  4.89%   
Hims Hers financial indicator trend analysis is much more than just examining Hims Hers Health latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hims Hers Health is a good investment. Please check the relationship between Hims Hers Payout Ratio and its Inventory Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hims Hers Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Payout Ratio vs Inventory Turnover

Payout Ratio vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hims Hers Health Payout Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Hims Hers' Payout Ratio and Inventory Turnover is 0.17. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Hims Hers Health, assuming nothing else is changed. The correlation between historical values of Hims Hers' Payout 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 Payout Ratio of Hims Hers Health 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 Payout Ratio i.e., Hims Hers' Payout Ratio and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Payout Ratio

Payout Ratio is the proportion of Hims Hers Health earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Hims Hers Health dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Hims Hers Health is paying out more in dividends than it makes in net income.

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 Hims Hers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hims Hers Health 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 Hims Hers Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Hims Hers' Tax Provision is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1.9 B in 2024, whereas Selling General Administrative is likely to drop slightly above 117.3 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit204.5M408.7M714.9M750.7M
Total Revenue271.9M526.9M872M915.6M

Hims Hers fundamental ratios Correlations

0.90.76-0.720.540.780.750.670.560.720.880.850.720.8-0.490.530.66-0.820.870.810.090.9-0.790.790.87-0.77
0.90.91-0.810.840.520.870.870.730.890.920.940.830.9-0.40.690.77-0.90.980.940.260.93-0.90.920.87-0.9
0.760.91-0.890.840.410.920.90.731.00.90.950.770.98-0.420.730.79-0.910.890.950.320.92-0.980.950.9-0.99
-0.72-0.81-0.89-0.79-0.29-0.96-0.91-0.88-0.9-0.93-0.93-0.9-0.960.68-0.8-0.840.91-0.87-0.930.0-0.910.95-0.94-0.890.9
0.540.840.84-0.790.050.820.940.850.860.790.850.810.83-0.320.720.72-0.780.860.880.270.77-0.830.880.69-0.84
0.780.520.41-0.290.050.240.250.110.340.550.50.250.42-0.3-0.090.09-0.330.410.450.020.59-0.430.440.65-0.41
0.750.870.92-0.960.820.240.870.810.930.880.910.880.95-0.570.910.95-0.980.920.910.130.89-0.940.90.84-0.92
0.670.870.9-0.910.940.250.870.90.910.920.950.860.93-0.470.670.7-0.820.880.970.190.89-0.940.970.85-0.92
0.560.730.73-0.880.850.110.810.90.750.860.850.960.8-0.740.70.72-0.790.830.85-0.240.82-0.80.860.78-0.72
0.720.891.0-0.90.860.340.930.910.750.880.930.770.98-0.410.750.8-0.90.880.950.330.9-0.980.950.88-0.99
0.880.920.9-0.930.790.550.880.920.860.880.990.910.95-0.660.640.73-0.890.940.970.00.99-0.950.970.97-0.9
0.850.940.95-0.930.850.50.910.950.850.930.990.890.97-0.590.680.76-0.910.950.990.10.99-0.980.990.97-0.95
0.720.830.77-0.90.810.250.880.860.960.770.910.890.84-0.770.790.84-0.90.920.87-0.230.89-0.830.870.83-0.75
0.80.90.98-0.960.830.420.950.930.80.980.950.970.84-0.540.750.81-0.930.910.970.20.96-1.00.980.94-0.98
-0.49-0.4-0.420.68-0.32-0.3-0.57-0.47-0.74-0.41-0.66-0.59-0.77-0.54-0.48-0.540.59-0.54-0.520.71-0.640.53-0.54-0.670.38
0.530.690.73-0.80.72-0.090.910.670.70.750.640.680.790.75-0.480.98-0.90.790.680.080.66-0.720.660.56-0.7
0.660.770.79-0.840.720.090.950.70.720.80.730.760.840.81-0.540.98-0.960.860.750.070.76-0.790.730.67-0.76
-0.82-0.9-0.910.91-0.78-0.33-0.98-0.82-0.79-0.9-0.89-0.91-0.9-0.930.59-0.9-0.96-0.95-0.89-0.09-0.910.91-0.88-0.850.88
0.870.980.89-0.870.860.410.920.880.830.880.940.950.920.91-0.540.790.86-0.950.940.110.94-0.90.920.87-0.87
0.810.940.95-0.930.880.450.910.970.850.950.970.990.870.97-0.520.680.75-0.890.940.170.97-0.981.00.94-0.96
0.090.260.320.00.270.020.130.19-0.240.330.00.1-0.230.20.710.080.07-0.090.110.170.03-0.210.150.0-0.37
0.90.930.92-0.910.770.590.890.890.820.90.990.990.890.96-0.640.660.76-0.910.940.970.03-0.960.970.99-0.92
-0.79-0.9-0.980.95-0.83-0.43-0.94-0.94-0.8-0.98-0.95-0.98-0.83-1.00.53-0.72-0.790.91-0.9-0.98-0.21-0.96-0.98-0.940.99
0.790.920.95-0.940.880.440.90.970.860.950.970.990.870.98-0.540.660.73-0.880.921.00.150.97-0.980.95-0.96
0.870.870.9-0.890.690.650.840.850.780.880.970.970.830.94-0.670.560.67-0.850.870.940.00.99-0.940.95-0.9
-0.77-0.9-0.990.9-0.84-0.41-0.92-0.92-0.72-0.99-0.9-0.95-0.75-0.980.38-0.7-0.760.88-0.87-0.96-0.37-0.920.99-0.96-0.9
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Hims Hers Account Relationship Matchups

Hims Hers fundamental ratios Accounts

201920202021202220232024 (projected)
Other Current Liab11.1M5.2M52.7M8.2M33.1M20.4M
Total Current Liabilities20.6M15.2M79.2M47.9M88.5M50.5M
Net Tangible Assets(141.1M)(149.8M)197.8M170.8M196.4M206.3M
Retained Earnings(153.2M)(171.3M)(279.0M)(344.6M)(368.2M)(386.6M)
Accounts Payable7.2M8.1M19.6M32.4M43.1M22.7M
Other Assets963K1.0M8.8M888K1.00.95
Net Receivables859K750K3.6M3.2M5.7M6.0M
Inventory4.2M3.5M13.6M21.6M22.5M12.7M
Other Current Assets480K8.6M5.5M12.2M15.9M8.0M
Other Stockholder Equity(173.4M)(225.5M)613.7M656.6M712.3M747.9M
Total Current Assets69.6M113.1M269.9M216.6M265.1M180.0M

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Additional Tools for Hims Stock Analysis

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