Ingersoll Days Payables Outstanding vs Ev To Sales Analysis

IR Stock  USD 91.88  1.13  1.25%   
Ingersoll Rand financial indicator trend analysis is infinitely more than just investigating Ingersoll Rand recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ingersoll Rand is a good investment. Please check the relationship between Ingersoll Rand Days Payables Outstanding and its Ev To Sales accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingersoll Rand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Ingersoll Stock, please use our How to Invest in Ingersoll Rand guide.

Days Payables Outstanding vs Ev To Sales

Days Payables Outstanding vs Ev To Sales Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Ingersoll Rand Days Payables Outstanding account and Ev To Sales. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Ingersoll Rand's Days Payables Outstanding and Ev To Sales is -0.22. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Ingersoll Rand, assuming nothing else is changed. The correlation between historical values of Ingersoll Rand's Days Payables Outstanding and Ev To Sales 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 Payables Outstanding of Ingersoll Rand are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Payables Outstanding i.e., Ingersoll Rand's Days Payables Outstanding and Ev To Sales go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Payables Outstanding

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most indicators from Ingersoll Rand's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ingersoll Rand 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 Ingersoll Rand. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Ingersoll Stock, please use our How to Invest in Ingersoll Rand guide.At this time, Ingersoll Rand's Selling General Administrative is relatively stable compared to the past year. As of 01/18/2025, Tax Provision is likely to grow to about 289.8 M, while Sales General And Administrative To Revenue is likely to drop 0.1.
 2022 2023 2024 2025 (projected)
Gross Profit2.3B2.9B2.6B1.9B
Total Revenue5.9B6.9B6.2B6.1B

Ingersoll Rand fundamental ratios Correlations

0.70.740.860.230.660.730.860.810.020.960.190.940.420.860.080.870.5-0.450.23-0.120.910.680.910.780.6
0.70.920.330.670.960.950.40.86-0.30.54-0.120.820.480.910.640.610.87-0.24-0.15-0.580.660.680.470.940.65
0.740.920.420.430.910.820.380.83-0.40.670.160.890.760.890.510.790.91-0.25-0.29-0.340.830.840.530.980.73
0.860.330.42-0.050.330.360.910.550.060.930.460.710.280.49-0.290.730.08-0.280.360.210.760.390.930.440.52
0.230.670.43-0.050.620.630.090.45-0.290.06-0.440.290.00.460.840.040.48-0.1-0.18-0.940.10.030.050.450.45
0.660.960.910.330.620.920.40.77-0.370.52-0.010.80.470.850.640.550.86-0.15-0.17-0.560.620.660.480.940.71
0.730.950.820.360.630.920.50.84-0.110.53-0.220.820.250.920.550.520.77-0.20.03-0.590.580.640.50.880.53
0.860.40.380.910.090.40.50.540.270.840.180.70.050.58-0.190.630.09-0.410.510.030.650.320.960.450.44
0.810.860.830.550.450.770.840.54-0.150.690.080.830.470.880.310.710.65-0.18-0.06-0.290.730.730.580.810.58
0.02-0.3-0.40.06-0.29-0.37-0.110.27-0.15-0.03-0.33-0.12-0.48-0.07-0.45-0.09-0.4-0.110.340.2-0.17-0.170.14-0.33-0.54
0.960.540.670.930.060.520.530.840.69-0.030.370.890.520.72-0.070.910.39-0.440.190.070.940.650.920.680.62
0.19-0.120.160.46-0.44-0.01-0.220.180.08-0.330.370.180.49-0.07-0.430.36-0.10.21-0.20.610.340.250.290.060.24
0.940.820.890.710.290.80.820.70.83-0.120.890.180.570.920.230.880.7-0.380.01-0.210.920.810.790.910.65
0.420.480.760.280.00.470.250.050.47-0.480.520.490.570.460.210.740.68-0.18-0.560.110.740.730.30.640.57
0.860.910.890.490.460.850.920.580.88-0.070.72-0.070.920.460.440.780.79-0.42-0.02-0.410.80.820.640.930.51
0.080.640.51-0.290.840.640.55-0.190.31-0.45-0.07-0.430.230.210.440.040.69-0.1-0.4-0.870.110.21-0.140.520.43
0.870.610.790.730.040.550.520.630.71-0.090.910.360.880.740.780.040.58-0.52-0.030.080.980.810.780.760.53
0.50.870.910.080.480.860.770.090.65-0.40.39-0.10.70.680.790.690.58-0.2-0.41-0.490.630.780.250.920.58
-0.45-0.24-0.25-0.28-0.1-0.15-0.2-0.41-0.18-0.11-0.440.21-0.38-0.18-0.42-0.1-0.52-0.2-0.380.1-0.46-0.21-0.47-0.29-0.15
0.23-0.15-0.290.36-0.18-0.170.030.51-0.060.340.19-0.20.01-0.56-0.02-0.4-0.03-0.41-0.380.18-0.05-0.30.36-0.18-0.19
-0.12-0.58-0.340.21-0.94-0.56-0.590.03-0.290.20.070.61-0.210.11-0.41-0.870.08-0.490.10.180.0-0.030.07-0.41-0.32
0.910.660.830.760.10.620.580.650.73-0.170.940.340.920.740.80.110.980.63-0.46-0.050.00.810.80.820.65
0.680.680.840.390.030.660.640.320.73-0.170.650.250.810.730.820.210.810.78-0.21-0.3-0.030.810.470.830.41
0.910.470.530.930.050.480.50.960.580.140.920.290.790.30.64-0.140.780.25-0.470.360.070.80.470.570.55
0.780.940.980.440.450.940.880.450.81-0.330.680.060.910.640.930.520.760.92-0.29-0.18-0.410.820.830.570.7
0.60.650.730.520.450.710.530.440.58-0.540.620.240.650.570.510.430.530.58-0.15-0.19-0.320.650.410.550.7
Click cells to compare fundamentals

Ingersoll Rand Account Relationship Matchups

Ingersoll Rand fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets16.1B15.2B14.8B15.6B14.0B9.8B
Other Current Liab614.3M516.3M553.2M545.6M491.0M886.0M
Total Current Liabilities1.5B1.5B1.7B1.8B1.6B2.0B
Total Stockholder Equity9.1B9.0B9.2B9.8B11.3B5.8B
Other Liab539.1M1.5B1.2B1.0B934.4M1.7B
Retained Earnings(175.7M)378.6M950.9M1.7B1.5B2.4B
Accounts Payable671.1M670.5M778.7M801.2M721.1M923.2M
Cash1.8B2.1B1.6B1.6B1.8B1.1B
Other Assets161.4M364M496.7M404.5M364.1M599.7M
Long Term Debt4.5B4.5B3.8B2.7B3.1B3.1B
Good Will6.3B6.0B6.1B6.6B5.9B3.5B
Inventory943.6M854.2M1.0B1.0B901.0M782.5M
Other Current Assets201M186.9M206.9M219.6M197.6M273.1M
Total Liab6.9B6.1B5.5B5.7B5.1B5.6B
Intangible Assets4.7B3.9B3.6B3.6B3.2B3.2B
Property Plant Equipment1.8B1.3B1.4B1.5B1.8B1.6B
Net Tangible Assets(3.7B)(2.2B)(2.6B)(2.7B)(3.1B)(3.2B)
Noncontrolling Interest In Consolidated Entity44.8M19.4M17.2M16.6M14.9M14.2M
Non Current Assets Total12.2B11.0B10.8B11.5B10.4B6.9B
Non Currrent Assets Other214.8M323.6M339.8M548.2M493.4M363.2M
Cash And Short Term Investments1.8B2.1B1.6B1.6B1.8B1.1B
Net Receivables966.6M948.6M1.1B1.2B1.1B1.0B
Common Stock Total Equity2.1M4.2M259.7M253.3M228.0M132.4M
Retained Earnings Total Equity9.7B8.5B8.4B8.3B9.6B8.1B
Long Term Debt Total4.9B4.5B4.5B3.8B4.4B3.9B
Liabilities And Stockholders Equity16.1B15.2B14.8B15.6B14.0B10.5B
Non Current Liabilities Total5.4B4.6B3.8B3.9B3.5B3.8B
Capital Surpluse2.3B9.3B9.4B9.5B10.9B11.4B
Other Stockholder Equity9.3B8.7B8.5B8.3B9.6B10.0B
Deferred Long Term Liab682M578.5M581.5M680.1M612.1M848.1M
Total Current Assets3.9B4.1B4.0B4.1B3.6B2.7B
Accumulated Other Comprehensive Income14.2M(41.6M)(251.7M)(227.6M)(204.8M)(194.6M)
Non Current Liabilities Other2.3B2.0B1.8B433.9M390.5M371.0M
Short Term Debt40.4M38.8M36.5M70.9M63.8M60.6M
Property Plant And Equipment Net797.3M648.6M624.4M711.4M818.1M530.5M

Pair Trading with Ingersoll Rand

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ingersoll Rand position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ingersoll Rand will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ingersoll Stock

  0.87CR Crane CompanyPairCorr

Moving against Ingersoll Stock

  0.79RR Richtech Robotics Class Downward RallyPairCorr
  0.7B Barnes Group Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Ingersoll Rand could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ingersoll Rand when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ingersoll Rand - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ingersoll Rand to buy it.
The correlation of Ingersoll Rand is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ingersoll Rand moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ingersoll Rand moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ingersoll Rand can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Ingersoll Stock Analysis

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