Oil Payout Ratio vs Payables Turnover 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 Payout Ratio and its Payables Turnover 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.

Payout Ratio vs Payables Turnover

Payout Ratio vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Oil States International Payout Ratio account and Payables Turnover. At this time, the significance of the direction appears to have strong relationship.

The correlation between Oil States' Payout Ratio and Payables Turnover is 0.69. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Payables Turnover 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' Payout Ratio and Payables 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 Oil States International are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Payout Ratio i.e., Oil States' Payout Ratio and Payables Turnover go up and down completely randomly.

Correlation Coefficient

0.69

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Oil States International 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 Oil States International dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Oil States International is paying out more in dividends than it makes in net income.

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

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 Expenses	82.7M	88.9M	152.2M	159.4M
Cost Of Revenue	551.1M	645.9M	663.2M	1.2B

Total Operating Expenses Cost Of Revenue

Oil States fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Retained Earnings	Accounts Payable	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Short Term Debt	Intangible Assets
Total Assets		0.96	0.97	0.84	0.72	0.99	0.64	-0.17	0.72	0.22	0.27	0.94	0.96	0.98	0.94	0.67	0.93	0.87	0.86	0.95	-0.11	0.96	0.84	0.44	0.16	0.1
Total Stockholder Equity	0.96		0.94	0.7	0.74	0.97	0.73	-0.35	0.74	0.3	0.2	0.81	0.92	0.93	0.83	0.73	0.83	0.95	0.74	0.9	0.0	0.85	0.74	0.39	0.02	0.07
Property Plant And Equipment Net	0.97	0.94		0.8	0.77	0.95	0.61	-0.11	0.77	0.15	0.19	0.93	0.96	0.95	0.93	0.68	0.88	0.9	0.81	0.92	-0.15	0.95	0.78	0.45	0.05	-0.01
Net Debt	0.84	0.7	0.8		0.33	0.81	0.55	-0.05	0.33	0.21	0.45	0.93	0.79	0.84	0.94	0.26	0.9	0.56	0.95	0.84	-0.08	0.93	0.94	0.4	0.52	0.26
Cash	0.72	0.74	0.77	0.33		0.71	0.38	-0.05	1.0	0.12	0.13	0.63	0.78	0.69	0.62	0.82	0.55	0.72	0.36	0.58	-0.09	0.65	0.3	0.41	-0.2	-0.01
Non Current Assets Total	0.99	0.97	0.95	0.81	0.71		0.68	-0.24	0.71	0.27	0.31	0.9	0.94	0.94	0.92	0.66	0.89	0.88	0.82	0.91	-0.05	0.93	0.8	0.39	0.18	0.18
Non Currrent Assets Other	0.64	0.73	0.61	0.55	0.38	0.68		-0.81	0.38	0.8	0.51	0.48	0.62	0.7	0.56	0.37	0.66	0.62	0.58	0.67	0.6	0.56	0.66	0.54	0.34	0.33
Other Assets	-0.17	-0.35	-0.11	-0.05	-0.05	-0.24	-0.81		-0.05	-0.88	-0.39	0.07	-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
Cash And Short Term Investments	0.72	0.74	0.77	0.33	1.0	0.71	0.38	-0.05		0.12	0.13	0.63	0.78	0.69	0.62	0.82	0.55	0.72	0.36	0.58	-0.09	0.65	0.3	0.41	-0.2	-0.01
Common Stock Shares Outstanding	0.22	0.3	0.15	0.21	0.12	0.27	0.8	-0.88	0.12		0.77	0.09	0.21	0.28	0.19	0.05	0.31	0.15	0.22	0.22	0.93	0.18	0.27	0.5	0.52	0.65
Other Stockholder Equity	0.27	0.2	0.19	0.45	0.13	0.31	0.51	-0.39	0.13	0.77		0.33	0.24	0.28	0.4	0.0	0.4	-0.04	0.34	0.2	0.65	0.37	0.34	0.45	0.84	0.9
Total Liab	0.94	0.81	0.93	0.93	0.63	0.9	0.48	0.07	0.63	0.09	0.33		0.91	0.92	0.99	0.54	0.92	0.72	0.9	0.89	-0.22	0.99	0.86	0.44	0.29	0.12
Property Plant And Equipment Gross	0.96	0.92	0.96	0.79	0.78	0.94	0.62	-0.16	0.78	0.21	0.24	0.91		0.97	0.92	0.66	0.89	0.84	0.83	0.92	-0.07	0.93	0.8	0.5	0.05	0.01
Total Current Assets	0.98	0.93	0.95	0.84	0.69	0.94	0.7	-0.23	0.69	0.28	0.28	0.92	0.97		0.93	0.65	0.96	0.83	0.89	0.98	-0.05	0.94	0.88	0.55	0.15	0.03
Short Long Term Debt Total	0.94	0.83	0.93	0.94	0.62	0.92	0.56	-0.02	0.62	0.19	0.4	0.99	0.92	0.93		0.5	0.93	0.71	0.91	0.89	-0.13	1.0	0.88	0.46	0.35	0.2
Other Current Liab	0.67	0.73	0.68	0.26	0.82	0.66	0.37	-0.06	0.82	0.05	0.0	0.54	0.66	0.65	0.5		0.52	0.75	0.28	0.61	-0.12	0.54	0.29	0.4	-0.3	-0.08
Total Current Liabilities	0.93	0.83	0.88	0.9	0.55	0.89	0.66	-0.19	0.55	0.31	0.4	0.92	0.89	0.96	0.93	0.52		0.68	0.95	0.96	-0.04	0.93	0.93	0.59	0.35	0.15
Retained Earnings	0.87	0.95	0.9	0.56	0.72	0.88	0.62	-0.28	0.72	0.15	-0.04	0.72	0.84	0.83	0.71	0.75	0.68		0.6	0.81	-0.09	0.75	0.59	0.29	-0.22	-0.14
Accounts Payable	0.86	0.74	0.81	0.95	0.36	0.82	0.58	-0.13	0.36	0.22	0.34	0.9	0.83	0.89	0.91	0.28	0.95	0.6		0.91	-0.1	0.9	0.96	0.45	0.39	0.09
Net Receivables	0.95	0.9	0.92	0.84	0.58	0.91	0.67	-0.23	0.58	0.22	0.2	0.89	0.92	0.98	0.89	0.61	0.96	0.81	0.91		-0.1	0.9	0.9	0.53	0.13	-0.04
Common Stock Total Equity	-0.11	0.0	-0.15	-0.08	-0.09	-0.05	0.6	-0.83	-0.09	0.93	0.65	-0.22	-0.07	-0.05	-0.13	-0.12	-0.04	-0.09	-0.1	-0.1		-0.14	-0.02	0.33	0.39	0.58
Non Current Liabilities Total	0.96	0.85	0.95	0.93	0.65	0.93	0.56	-0.03	0.65	0.18	0.37	0.99	0.93	0.94	1.0	0.54	0.93	0.75	0.9	0.9	-0.14		0.87	0.46	0.31	0.17
Inventory	0.84	0.74	0.78	0.94	0.3	0.8	0.66	-0.2	0.3	0.27	0.34	0.86	0.8	0.88	0.88	0.29	0.93	0.59	0.96	0.9	-0.02	0.87		0.43	0.42	0.11
Other Current Assets	0.44	0.39	0.45	0.4	0.41	0.39	0.54	-0.33	0.41	0.5	0.45	0.44	0.5	0.55	0.46	0.4	0.59	0.29	0.45	0.53	0.33	0.46	0.43		0.24	0.18
Short Term Debt	0.16	0.02	0.05	0.52	-0.2	0.18	0.34	-0.18	-0.2	0.52	0.84	0.29	0.05	0.15	0.35	-0.3	0.35	-0.22	0.39	0.13	0.39	0.31	0.42	0.24		0.81
Intangible Assets	0.1	0.07	-0.01	0.26	-0.01	0.18	0.33	-0.31	-0.01	0.65	0.9	0.12	0.01	0.03	0.2	-0.08	0.15	-0.14	0.09	-0.04	0.58	0.17	0.11	0.18	0.81

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Oil States Account Relationship Matchups

Oil States fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.7B	1.2B	1.1B	1.1B	1.0B	1.8B
Total Stockholder Equity	1.2B	757.6M	695.8M	689.6M	709.5M	1.1B
Property Plant And Equipment Net	503.3M	416.7M	364.0M	326.9M	302.4M	287.2M
Net Debt	283.8M	148.3M	155.8M	137.7M	114.2M	108.5M
Cash	8.5M	72.0M	52.9M	42.0M	47.1M	73.4M
Non Current Assets Total	1.2B	728.7M	659.0M	601.6M	558.5M	1.1B
Non Currrent Assets Other	28.7M	29.7M	32.9M	24.2M	21.0M	15.2M
Other Assets	28.7M	62.9M	32.9M	25.7M	23.1M	34.0M
Cash And Short Term Investments	8.5M	72.0M	52.9M	42.0M	47.1M	73.4M
Common Stock Shares Outstanding	59.4M	59.8M	60.3M	61.6M	63.2M	55.2M
Liabilities And Stockholders Equity	1.7B	1.2B	1.1B	1.1B	1.0B	1.8B
Other Stockholder Equity	493.3M	499.0M	479.6M	495.7M	493.8M	358.2M
Total Liab	503.9M	394.6M	389.9M	374.8M	336.9M	320.1M
Property Plant And Equipment Gross	503.3M	416.7M	338.6M	303.8M	776.1M	657.8M
Total Current Assets	483.4M	423.6M	426.7M	462.8M	488.0M	718.3M
Short Long Term Debt Total	292.3M	220.3M	208.7M	179.7M	161.4M	153.3M
Other Current Liab	53.0M	36.9M	36.9M	42.9M	35.3M	50.6M
Total Current Liabilities	183.1M	162.1M	177.3M	193.7M	157.3M	262.3M
Retained Earnings	797.7M	329.3M	281.6M	272.0M	284.9M	270.7M
Accounts Payable	78.4M	46.4M	63.3M	73.3M	67.5M	107.2M
Net Receivables	233.5M	163.1M	186.1M	218.8M	203.2M	349.5M
Common Stock Total Equity	726K	733K	739K	766K	880.9K	617.4K
Non Current Liabilities Total	320.8M	232.5M	212.6M	181.2M	179.7M	170.7M
Inventory	221.3M	170.4M	168.6M	182.7M	202.0M	298.4M
Other Current Assets	20.1M	36.1M	38.4M	19.3M	35.6M	22.7M
Accumulated Other Comprehensive Income	(67.7M)	(71.4M)	(66.0M)	(78.9M)	(70.0M)	(66.5M)
Short Term Debt	33.9M	33.0M	31.2M	30.1M	14.4M	21.3M
Intangible Assets	230.1M	205.7M	185.7M	169.8M	153.0M	148.6M
Common Stock	726K	733K	739K	766K	772K	626.7K
Other Liab	62.5M	37.6M	28.7M	25.4M	29.2M	30.0M
Long Term Debt	222.6M	165.8M	160.5M	135.1M	135.5M	270.3M
Good Will	482.3M	76.5M	76.4M	79.3M	79.9M	75.9M
Property Plant Equipment	459.7M	383.6M	364.0M	303.8M	349.4M	695.4M
Current Deferred Revenue	17.8M	43.4M	43.2M	44.8M	36.8M	35.1M
Treasury Stock	(616.8M)	(621.2M)	(624.0M)	(625.6M)	(563.0M)	(534.9M)
Net Tangible Assets	511.6M	475.4M	433.7M	689.6M	620.6M	778.3M
Retained Earnings Total Equity	797.7M	329.3M	281.6M	272.0M	244.8M	232.6M
Long Term Debt Total	222.6M	165.8M	160.5M	135.1M	121.6M	115.5M

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