Infrared Price To Sales Ratio vs Inventory Turnover Analysis
| MSAIW Stock | 0.02 0 14.34% |
Infrared Cameras financial indicator trend analysis is infinitely more than just investigating Infrared Cameras Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Infrared Cameras Holdings is a good investment. Please check the relationship between Infrared Cameras Price To Sales Ratio and its Inventory Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Infrared Cameras Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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 Infrared Cameras Holdings Price To Sales Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Infrared Cameras' Price To Sales Ratio and Inventory Turnover is -0.67. 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 Infrared Cameras Holdings, assuming nothing else is changed. The correlation between historical values of Infrared Cameras' 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 Infrared Cameras Holdings 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., Infrared Cameras' Price To Sales Ratio and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.67 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Infrared Cameras Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Infrared Cameras sales, a figure that is much harder to manipulate than other Infrared Cameras Holdings 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 Infrared Cameras' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Infrared Cameras Holdings 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Infrared Cameras Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. Tax Provision is likely to drop to about 197.6 K in 2024. Selling General Administrative is likely to drop to about 18.3 M in 2024
| 2010 | 2022 | 2023 | 2024 (projected) | Interest Expense | 315K | 115K | 94K | 139.7K | Depreciation And Amortization | 318K | 561K | 872K | 642.0K |
Infrared Cameras fundamental ratios Correlations
Click cells to compare fundamentals
Infrared Cameras Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Infrared Cameras' price analysis, check to measure Infrared Cameras' 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 Infrared Cameras is operating at the current time. Most of Infrared Cameras' value examination focuses on studying past and present price action to predict the probability of Infrared Cameras' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Infrared Cameras' price. Additionally, you may evaluate how the addition of Infrared Cameras to your portfolios can decrease your overall portfolio volatility.