Oil Days Of Inventory On Hand vs Dividend Yield Analysis

OIS Stock  USD 5.51  0.21  3.67%   
Oil States financial indicator trend analysis is much more than just breaking down Oil States International prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Oil States International is a good investment. Please check the relationship between Oil States Days Of Inventory On Hand and its Dividend Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil States International. 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.

Days Of Inventory On Hand vs Dividend Yield

Days Of Inventory On Hand vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oil States International Days Of Inventory On Hand account and Dividend Yield. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Oil States' Days Of Inventory On Hand and Dividend Yield is -0.12. Overlapping area represents the amount of variation of Days Of Inventory On Hand that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Oil States International, assuming nothing else is changed. The correlation between historical values of Oil States' Days Of Inventory On Hand and Dividend Yield 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 Of Inventory On Hand of Oil States International are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Days Of Inventory On Hand i.e., Oil States' Days Of Inventory On Hand and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Of Inventory On Hand

Dividend Yield

Dividend Yield is Oil States International dividend as a percentage of Oil States stock price. Oil States International dividend yield is a measure of Oil States stock productivity, which can be interpreted as interest rate earned on an Oil States investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Oil States' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Oil States International 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oil States International. 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.
At this time, Oil States' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3.1 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses82.7M88.9M152.2M159.4M
Cost Of Revenue551.1M645.9M663.2M1.2B

Oil States fundamental ratios Correlations

0.960.970.840.720.990.64-0.170.720.220.270.940.960.980.940.670.930.870.860.95-0.110.960.840.440.160.1
0.960.940.70.740.970.73-0.350.740.30.20.810.920.930.830.730.830.950.740.90.00.850.740.390.020.07
0.970.940.80.770.950.61-0.110.770.150.190.930.960.950.930.680.880.90.810.92-0.150.950.780.450.05-0.01
0.840.70.80.330.810.55-0.050.330.210.450.930.790.840.940.260.90.560.950.84-0.080.930.940.40.520.26
0.720.740.770.330.710.38-0.051.00.120.130.630.780.690.620.820.550.720.360.58-0.090.650.30.41-0.2-0.01
0.990.970.950.810.710.68-0.240.710.270.310.90.940.940.920.660.890.880.820.91-0.050.930.80.390.180.18
0.640.730.610.550.380.68-0.810.380.80.510.480.620.70.560.370.660.620.580.670.60.560.660.540.340.33
-0.17-0.35-0.11-0.05-0.05-0.24-0.81-0.05-0.88-0.390.07-0.16-0.23-0.02-0.06-0.19-0.28-0.13-0.23-0.83-0.03-0.2-0.33-0.18-0.31
0.720.740.770.331.00.710.38-0.050.120.130.630.780.690.620.820.550.720.360.58-0.090.650.30.41-0.2-0.01
0.220.30.150.210.120.270.8-0.880.120.770.090.210.280.190.050.310.150.220.220.930.180.270.50.520.65
0.270.20.190.450.130.310.51-0.390.130.770.330.240.280.40.00.4-0.040.340.20.650.370.340.450.840.9
0.940.810.930.930.630.90.480.070.630.090.330.910.920.990.540.920.720.90.89-0.220.990.860.440.290.12
0.960.920.960.790.780.940.62-0.160.780.210.240.910.970.920.660.890.840.830.92-0.070.930.80.50.050.01
0.980.930.950.840.690.940.7-0.230.690.280.280.920.970.930.650.960.830.890.98-0.050.940.880.550.150.03
0.940.830.930.940.620.920.56-0.020.620.190.40.990.920.930.50.930.710.910.89-0.131.00.880.460.350.2
0.670.730.680.260.820.660.37-0.060.820.050.00.540.660.650.50.520.750.280.61-0.120.540.290.4-0.3-0.08
0.930.830.880.90.550.890.66-0.190.550.310.40.920.890.960.930.520.680.950.96-0.040.930.930.590.350.15
0.870.950.90.560.720.880.62-0.280.720.15-0.040.720.840.830.710.750.680.60.81-0.090.750.590.29-0.22-0.14
0.860.740.810.950.360.820.58-0.130.360.220.340.90.830.890.910.280.950.60.91-0.10.90.960.450.390.09
0.950.90.920.840.580.910.67-0.230.580.220.20.890.920.980.890.610.960.810.91-0.10.90.90.530.13-0.04
-0.110.0-0.15-0.08-0.09-0.050.6-0.83-0.090.930.65-0.22-0.07-0.05-0.13-0.12-0.04-0.09-0.1-0.1-0.14-0.020.330.390.58
0.960.850.950.930.650.930.56-0.030.650.180.370.990.930.941.00.540.930.750.90.9-0.140.870.460.310.17
0.840.740.780.940.30.80.66-0.20.30.270.340.860.80.880.880.290.930.590.960.9-0.020.870.430.420.11
0.440.390.450.40.410.390.54-0.330.410.50.450.440.50.550.460.40.590.290.450.530.330.460.430.240.18
0.160.020.050.52-0.20.180.34-0.18-0.20.520.840.290.050.150.35-0.30.35-0.220.390.130.390.310.420.240.81
0.10.07-0.010.26-0.010.180.33-0.31-0.010.650.90.120.010.030.2-0.080.15-0.140.09-0.040.580.170.110.180.81
Click cells to compare fundamentals

Oil States Account Relationship Matchups

Oil States fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.2B1.1B1.1B1.0B1.8B
Total Stockholder Equity1.2B757.6M695.8M689.6M709.5M1.1B
Property Plant And Equipment Net503.3M416.7M364.0M326.9M302.4M287.2M
Net Debt283.8M148.3M155.8M137.7M114.2M108.5M
Cash8.5M72.0M52.9M42.0M47.1M73.4M
Non Current Assets Total1.2B728.7M659.0M601.6M558.5M1.1B
Non Currrent Assets Other28.7M29.7M32.9M24.2M21.0M15.2M
Other Assets28.7M62.9M32.9M25.7M23.1M34.0M
Cash And Short Term Investments8.5M72.0M52.9M42.0M47.1M73.4M
Common Stock Shares Outstanding59.4M59.8M60.3M61.6M63.2M55.2M
Liabilities And Stockholders Equity1.7B1.2B1.1B1.1B1.0B1.8B
Other Stockholder Equity493.3M499.0M479.6M495.7M493.8M358.2M
Total Liab503.9M394.6M389.9M374.8M336.9M320.1M
Property Plant And Equipment Gross503.3M416.7M338.6M303.8M776.1M657.8M
Total Current Assets483.4M423.6M426.7M462.8M488.0M718.3M
Short Long Term Debt Total292.3M220.3M208.7M179.7M161.4M153.3M
Other Current Liab53.0M36.9M36.9M42.9M35.3M50.6M
Total Current Liabilities183.1M162.1M177.3M193.7M157.3M262.3M
Retained Earnings797.7M329.3M281.6M272.0M284.9M270.7M
Accounts Payable78.4M46.4M63.3M73.3M67.5M107.2M
Net Receivables233.5M163.1M186.1M218.8M203.2M349.5M
Common Stock Total Equity726K733K739K766K880.9K617.4K
Non Current Liabilities Total320.8M232.5M212.6M181.2M179.7M170.7M
Inventory221.3M170.4M168.6M182.7M202.0M298.4M
Other Current Assets20.1M36.1M38.4M19.3M35.6M22.7M
Accumulated Other Comprehensive Income(67.7M)(71.4M)(66.0M)(78.9M)(70.0M)(66.5M)
Short Term Debt33.9M33.0M31.2M30.1M14.4M21.3M
Intangible Assets230.1M205.7M185.7M169.8M153.0M148.6M
Common Stock726K733K739K766K772K626.7K
Other Liab62.5M37.6M28.7M25.4M29.2M30.0M
Long Term Debt222.6M165.8M160.5M135.1M135.5M270.3M
Good Will482.3M76.5M76.4M79.3M79.9M75.9M
Property Plant Equipment459.7M383.6M364.0M303.8M349.4M695.4M
Current Deferred Revenue17.8M43.4M43.2M44.8M36.8M35.1M
Treasury Stock(616.8M)(621.2M)(624.0M)(625.6M)(563.0M)(534.9M)
Net Tangible Assets511.6M475.4M433.7M689.6M620.6M778.3M
Retained Earnings Total Equity797.7M329.3M281.6M272.0M244.8M232.6M
Long Term Debt Total222.6M165.8M160.5M135.1M121.6M115.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Oil Stock Analysis

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