Packaging Days Sales Outstanding vs Days Payables Outstanding Analysis
PKG Stock | USD 247.03 1.00 0.40% |
Packaging Corp financial indicator trend analysis is much more than just breaking down Packaging Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Packaging Corp is a good investment. Please check the relationship between Packaging Corp Days Sales Outstanding and its Days Payables Outstanding accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Packaging Corp of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Days Sales Outstanding vs Days Payables Outstanding
Days Sales Outstanding vs Days Payables Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Packaging Corp Days Sales Outstanding account and Days Payables Outstanding. At this time, the significance of the direction appears to have weak relationship.
The correlation between Packaging Corp's Days Sales Outstanding and Days Payables Outstanding is 0.36. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of Packaging Corp of, assuming nothing else is changed. The correlation between historical values of Packaging Corp's Days Sales Outstanding and Days Payables Outstanding 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 Sales Outstanding of Packaging Corp of are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Days Sales Outstanding i.e., Packaging Corp's Days Sales Outstanding and Days Payables Outstanding go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Days Sales Outstanding
Days Payables Outstanding
Most indicators from Packaging Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Packaging Corp 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 Packaging Corp of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At this time, Packaging Corp's Tax Provision is most likely to increase significantly in the upcoming years. The Packaging Corp's current Sales General And Administrative To Revenue is estimated to increase to 0.1, while Selling General Administrative is projected to decrease to roughly 378.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.1B | 1.7B | 990.9M | Total Revenue | 7.7B | 8.5B | 7.8B | 4.4B |
Packaging Corp fundamental ratios Correlations
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Packaging Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Packaging Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.2B | 7.4B | 7.8B | 8.0B | 8.7B | 4.5B | |
Short Long Term Debt Total | 2.7B | 2.7B | 2.7B | 2.8B | 3.2B | 1.7B | |
Other Current Liab | 307.8M | 238.1M | 277.2M | 299.5M | 283.9M | 187.2M | |
Total Current Liabilities | 723.8M | 782.6M | 884.8M | 875.5M | 1.3B | 1.3B | |
Total Stockholder Equity | 3.1B | 3.2B | 3.6B | 3.7B | 4.0B | 4.2B | |
Property Plant And Equipment Net | 3.4B | 3.4B | 3.8B | 4.2B | 4.1B | 2.4B | |
Net Debt | 2.1B | 1.8B | 2.1B | 2.5B | 2.5B | 1.4B | |
Accounts Payable | 351.9M | 387M | 452.4M | 410.4M | 402.4M | 253.1M | |
Non Current Assets Total | 4.8B | 4.7B | 5.1B | 5.5B | 5.4B | 3.0B | |
Non Currrent Assets Other | (284.3M) | (326.2M) | (421M) | (501M) | 67.2M | 70.6M | |
Net Receivables | 872.1M | 837.5M | 1.1B | 1.1B | 1.0B | 559.4M | |
Common Stock Shares Outstanding | 94.1M | 94.4M | 94.5M | 92.7M | 89.5M | 79.7M | |
Liabilities And Stockholders Equity | 7.2B | 7.4B | 7.8B | 8.0B | 8.7B | 4.4B | |
Non Current Liabilities Total | 3.4B | 3.4B | 3.3B | 3.5B | 3.4B | 2.1B | |
Inventory | 794.1M | 787.9M | 902.5M | 977.3M | 1.0B | 1.1B | |
Other Current Assets | 44.8M | 44.7M | 47M | 58.3M | 62.3M | 44.5M | |
Total Liab | 4.2B | 4.2B | 4.2B | 4.3B | 4.7B | 2.7B | |
Total Current Assets | 2.5B | 2.8B | 2.7B | 2.5B | 3.3B | 3.4B | |
Accumulated Other Comprehensive Income | (159.5M) | (144.5M) | (75.2M) | (102.4M) | (70.9M) | (74.4M) | |
Short Term Debt | 64.1M | 141M | 137.6M | 148.2M | 560.8M | 588.8M | |
Intangible Assets | 338.8M | 295.9M | 308.4M | 267.9M | 229.6M | 167.8M | |
Retained Earnings | 2.7B | 2.8B | 3.1B | 3.2B | 3.4B | 3.6B | |
Cash | 679.5M | 974.6M | 618.7M | 320M | 648M | 680.4M | |
Cash And Short Term Investments | 767.4M | 1.1B | 704.8M | 405.2M | 1.1B | 1.2B | |
Good Will | 918.7M | 863.5M | 923.5M | 922.4M | 1.1B | 1.1B | |
Other Stockholder Equity | 524.8M | 554.4M | 579.4M | 581.8M | 620.1M | 506.5M | |
Property Plant And Equipment Gross | 3.4B | 3.4B | 8.1B | 8.8B | 9.1B | 9.5B | |
Other Liab | 770.6M | 736.9M | 681.3M | 742.2M | 853.5M | 896.2M | |
Other Assets | 54.4M | 227M | 41.6M | 42M | 48.3M | 59.9M | |
Long Term Debt | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B | 1.7B | |
Property Plant Equipment | 3.2B | 3.2B | 3.5B | 4.2B | 4.8B | 5.1B | |
Net Tangible Assets | 1.8B | 2.1B | 2.5B | 2.5B | 2.8B | 3.0B | |
Retained Earnings Total Equity | 2.7B | 2.8B | 3.1B | 3.2B | 3.7B | 1.9B | |
Long Term Debt Total | 2.5B | 2.5B | 2.5B | 2.5B | 2.9B | 2.3B | |
Capital Surpluse | 524.8M | 554.4M | 579.4M | 581.8M | 669.1M | 509.7M | |
Capital Lease Obligations | 257.7M | 258.5M | 260.8M | 319.5M | 301.4M | 316.5M |
Currently Active Assets on Macroaxis
When determining whether Packaging Corp is a strong investment it is important to analyze Packaging Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Packaging Corp's future performance. For an informed investment choice regarding Packaging Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Packaging Corp of. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Paper & Plastic Packaging Products & Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Packaging Corp. If investors know Packaging will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Packaging Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.3 | Dividend Share 5 | Earnings Share 8.57 | Revenue Per Share 91.752 | Quarterly Revenue Growth 0.127 |
The market value of Packaging Corp is measured differently than its book value, which is the value of Packaging that is recorded on the company's balance sheet. Investors also form their own opinion of Packaging Corp's value that differs from its market value or its book value, called intrinsic value, which is Packaging Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Packaging Corp's market value can be influenced by many factors that don't directly affect Packaging Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Packaging Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Packaging Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Packaging Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.