RLX Price To Sales Ratio vs Payables Turnover Analysis

RLX Stock

USD 1.80 0.02 1.12%

RLX Technology financial indicator trend analysis is much more than just breaking down RLX Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether RLX Technology is a good investment. Please check the relationship between RLX Technology Price To Sales Ratio and its Payables Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLX Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.

Price To Sales Ratio vs Payables Turnover

Price To Sales Ratio vs Payables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of RLX Technology Price To Sales Ratio account and Payables Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between RLX Technology's Price To Sales Ratio and Payables Turnover is -0.46. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Payables Turnover in the same time period over historical financial statements of RLX Technology, assuming nothing else is changed. The correlation between historical values of RLX Technology's Price To Sales 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 Price To Sales Ratio of RLX Technology 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 Price To Sales Ratio i.e., RLX Technology's Price To Sales Ratio and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.46

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing RLX Technology stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on RLX Technology sales, a figure that is much harder to manipulate than other RLX Technology 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.

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 RLX Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into RLX Technology 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 RLX Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.Sales General And Administrative To Revenue is likely to rise to 0.42 in 2024, whereas Tax Provision is likely to drop slightly above 17.3 M in 2024.

	2021	2022	2023	2024 (projected)
Depreciation And Amortization	113.5M	164.5M	96.6M	82.6M
Interest Income	166.6M	317.3M	627.9M	659.3M

Depreciation And Amortization Interest Income

RLX Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Capital Lease Obligations	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital
Total Assets		0.11	0.65	0.58	0.99	0.94	0.8	0.51	-0.84	0.89	0.45	0.84	0.84	0.75	0.98	0.6	-0.44	-0.8	0.03	0.95	0.76	0.67	0.86	0.99	0.56	0.99
Short Long Term Debt Total	0.11		0.3	0.27	0.05	0.02	0.52	0.16	-0.1	0.0	0.3	0.13	0.0	-0.04	0.11	0.26	0.06	0.01	0.99	0.03	0.51	0.42	0.07	0.06	0.45	0.05
Other Current Liab	0.65	0.3		0.97	0.55	0.54	0.91	0.94	-0.78	0.43	0.94	0.79	0.39	0.25	0.72	0.36	-0.24	-0.45	0.21	0.58	0.92	0.95	0.81	0.58	0.96	0.55
Total Current Liabilities	0.58	0.27	0.97		0.49	0.41	0.85	0.99	-0.75	0.27	0.98	0.78	0.22	0.07	0.67	0.17	-0.03	-0.27	0.17	0.45	0.87	0.93	0.77	0.51	0.98	0.49
Total Stockholder Equity	0.99	0.05	0.55	0.49		0.94	0.72	0.41	-0.79	0.91	0.34	0.79	0.85	0.78	0.96	0.59	-0.44	-0.81	-0.02	0.95	0.68	0.57	0.82	0.99	0.46	1.0
Net Tangible Assets	0.94	0.02	0.54	0.41	0.94		0.7	0.33	-0.79	0.99	0.28	0.75	0.96	0.89	0.9	0.77	-0.71	-0.95	-0.03	1.0	0.66	0.56	0.8	0.92	0.38	0.94
Property Plant And Equipment Net	0.8	0.52	0.91	0.85	0.72	0.7		0.76	-0.85	0.61	0.78	0.85	0.55	0.41	0.84	0.5	-0.31	-0.6	0.43	0.73	1.0	0.95	0.79	0.74	0.89	0.72
Current Deferred Revenue	0.51	0.16	0.94	0.99	0.41	0.33	0.76		-0.68	0.2	0.98	0.71	0.16	0.02	0.6	0.1	0.02	-0.2	0.06	0.38	0.79	0.86	0.73	0.44	0.94	0.41
Net Debt	-0.84	-0.1	-0.78	-0.75	-0.79	-0.79	-0.85	-0.68		-0.68	-0.67	-0.99	-0.62	-0.44	-0.89	-0.44	0.42	0.67	-0.01	-0.82	-0.85	-0.87	-0.85	-0.78	-0.71	-0.79
Retained Earnings	0.89	0.0	0.43	0.27	0.91	0.99	0.61	0.2	-0.68		0.14	0.63	0.99	0.95	0.83	0.81	-0.75	-0.97	-0.03	0.98	0.55	0.43	0.73	0.89	0.25	0.91
Accounts Payable	0.45	0.3	0.94	0.98	0.34	0.28	0.78	0.98	-0.67	0.14		0.7	0.11	-0.04	0.54	0.14	0.0	-0.15	0.21	0.33	0.81	0.9	0.71	0.36	0.97	0.34
Cash	0.84	0.13	0.79	0.78	0.79	0.75	0.85	0.71	-0.99	0.63	0.7		0.57	0.38	0.89	0.37	-0.32	-0.6	0.03	0.79	0.85	0.88	0.85	0.78	0.75	0.79
Non Current Assets Total	0.84	0.0	0.39	0.22	0.85	0.96	0.55	0.16	-0.62	0.99	0.11	0.57		0.97	0.75	0.88	-0.82	-0.96	-0.03	0.95	0.49	0.38	0.72	0.82	0.21	0.85
Other Assets	0.75	-0.04	0.25	0.07	0.78	0.89	0.41	0.02	-0.44	0.95	-0.04	0.38	0.97		0.64	0.86	-0.79	-0.92	-0.05	0.87	0.35	0.2	0.6	0.75	0.06	0.78
Cash And Short Term Investments	0.98	0.11	0.72	0.67	0.96	0.9	0.84	0.6	-0.89	0.83	0.54	0.89	0.75	0.64		0.48	-0.36	-0.76	0.02	0.92	0.83	0.75	0.84	0.97	0.64	0.96
Net Receivables	0.6	0.26	0.36	0.17	0.59	0.77	0.5	0.1	-0.44	0.81	0.14	0.37	0.88	0.86	0.48		-0.88	-0.81	0.26	0.74	0.43	0.35	0.64	0.53	0.22	0.59
Common Stock Total Equity	-0.44	0.06	-0.24	-0.03	-0.44	-0.71	-0.31	0.02	0.42	-0.75	0.0	-0.32	-0.82	-0.79	-0.36	-0.88		0.84	0.05	-0.69	-0.27	-0.23	-0.48	-0.39	-0.01	-0.44
Common Stock Shares Outstanding	-0.8	0.01	-0.45	-0.27	-0.81	-0.95	-0.6	-0.2	0.67	-0.97	-0.15	-0.6	-0.96	-0.92	-0.76	-0.81	0.84		0.04	-0.94	-0.56	-0.46	-0.66	-0.8	-0.24	-0.81
Non Current Liabilities Total	0.03	0.99	0.21	0.17	-0.02	-0.03	0.43	0.06	-0.01	-0.03	0.21	0.03	-0.03	-0.05	0.02	0.26	0.05	0.04		-0.03	0.42	0.33	-0.01	-0.02	0.36	-0.02
Capital Surpluse	0.95	0.03	0.58	0.45	0.95	1.0	0.73	0.38	-0.82	0.98	0.33	0.79	0.95	0.87	0.92	0.74	-0.69	-0.94	-0.03		0.69	0.6	0.82	0.93	0.42	0.95
Capital Lease Obligations	0.76	0.51	0.92	0.87	0.68	0.66	1.0	0.79	-0.85	0.55	0.81	0.85	0.49	0.35	0.83	0.43	-0.27	-0.56	0.42	0.69		0.97	0.76	0.71	0.91	0.68
Inventory	0.67	0.42	0.95	0.93	0.57	0.56	0.95	0.86	-0.87	0.43	0.9	0.88	0.38	0.2	0.75	0.35	-0.23	-0.46	0.33	0.6	0.97		0.77	0.59	0.94	0.57
Other Current Assets	0.86	0.07	0.81	0.77	0.82	0.8	0.79	0.73	-0.85	0.73	0.71	0.85	0.72	0.6	0.84	0.64	-0.48	-0.66	-0.01	0.82	0.76	0.77		0.78	0.73	0.82
Other Stockholder Equity	0.99	0.06	0.58	0.51	0.99	0.92	0.74	0.44	-0.78	0.89	0.36	0.78	0.82	0.75	0.97	0.53	-0.39	-0.8	-0.02	0.93	0.71	0.59	0.78		0.48	0.99
Total Liab	0.56	0.45	0.96	0.98	0.46	0.38	0.89	0.94	-0.71	0.25	0.97	0.75	0.21	0.06	0.64	0.22	-0.01	-0.24	0.36	0.42	0.91	0.94	0.73	0.48		0.46
Net Invested Capital	0.99	0.05	0.55	0.49	1.0	0.94	0.72	0.41	-0.79	0.91	0.34	0.79	0.85	0.78	0.96	0.59	-0.44	-0.81	-0.02	0.95	0.68	0.57	0.82	0.99	0.46

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RLX Technology Account Relationship Matchups

RLX Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	4.1B	16.4B	16.4B	16.3B	10.0B
Short Long Term Debt Total	738.8M	94.5M	184.8M	85.9M	53.9M	51.2M
Other Current Liab	419.6M	1.2B	1.3B	506.5M	403.1M	716.3M
Total Current Liabilities	619.9M	2.5B	2.7B	789.8M	668.7M	635.2M
Total Stockholder Equity	106.3M	1.5B	13.5B	15.6B	15.6B	8.5B
Net Tangible Assets	100.9M	1.5B	13.5B	15.6B	17.9B	18.8B
Property Plant And Equipment Net	176.5M	166.2M	319.4M	162.9M	129.9M	175.2M
Current Deferred Revenue	18.4M	320.4M	286.7M	75.2M	49.6M	47.1M
Net Debt	(42.8M)	(1.0B)	(5.0B)	(1.2B)	(2.3B)	(2.5B)
Retained Earnings	46.5M	(81.6M)	1.9B	3.3B	3.8B	4.0B
Accounts Payable	150.5M	535.8M	506.1M	52.5M	109.4M	103.9M
Cash	135.5M	1.1B	5.2B	1.3B	2.4B	1.9B
Non Current Assets Total	261.2M	193.0M	2.4B	5.2B	7.3B	7.7B
Other Assets	94.2M	17.4M	69.8M	3.5B	4.0B	4.2B
Cash And Short Term Investments	463.2M	3.1B	12.9B	10.8B	8.1B	6.5B
Net Receivables	85.7M	54.6M	26.0M	59.5M	164.7M	172.9M
Short Term Investments	327.7M	2.0B	7.6B	9.5B	5.7B	4.6B
Liabilities And Stockholders Equity	1.4B	4.1B	16.4B	16.4B	16.3B	10.0B
Non Current Liabilities Total	717.9M	54.7M	108.7M	48.6M	48.0M	45.6M
Capital Surpluse	59.5M	1.6B	11.9B	12.1B	13.9B	14.6B
Capital Lease Obligations	92.8M	94.5M	184.8M	85.9M	53.9M	93.9M
Inventory	219.3M	329.1M	589.1M	130.9M	144.9M	261.7M
Other Current Assets	6.6M	402.6M	483.2M	219.5M	559.6M	306.5M
Other Stockholder Equity	59.5M	1.6B	11.8B	14.8B	10.8B	7.2B
Total Liab	1.3B	2.6B	2.8B	838.5M	716.7M	680.8M
Net Invested Capital	106.3M	1.5B	13.5B	15.6B	15.6B	8.5B
Long Term Investments	5M	4M	2.0B	4.9B	7.0B	7.4B
Property Plant And Equipment Gross	156.7M	166.2M	319.4M	162.9M	299.8M	202.8M
Total Current Assets	1.2B	3.9B	14.0B	11.2B	9.0B	7.2B
Accumulated Other Comprehensive Income	181K	322K	(147.5M)	809.9M	1.0B	1.1B
Cash And Equivalents	92.4M	437.9M	1.7B	1.3B	1.5B	773.6M
Net Working Capital	563.0M	1.4B	11.2B	10.4B	8.3B	5.8B
Short Term Debt	31.4M	45.1M	80.6M	46.0M	29.4M	42.7M
Intangible Assets	5.4M	5.4M	8.4M	4.7M	69.8M	73.3M
Property Plant Equipment	156.7M	166.2M	319.4M	162.9M	187.3M	177.3M

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

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RLX Price To Sales Ratio vs Payables Turnover Analysis

Price To Sales Ratio vs Payables Turnover

Price To Sales Ratio vs Payables Turnover Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Payables Turnover

RLX Technology fundamental ratios Correlations

RLX Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

RLX Technology fundamental ratios Accounts

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Additional Tools for RLX Stock Analysis

COMMON DESTINATIONS

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COMPANY

Net Invested Capital	+ 1.0	Total Stockholder Equity
Capital Surpluse	+ 1.0	Net Tangible Assets
Capital Lease Obligations	+ 1.0	Property Plant And Equipment Net
Total Stockholder Equity	+ 0.99	Total Assets
Other Stockholder Equity	+ 0.99	Total Assets
Net Invested Capital	+ 0.99	Total Assets

Cash	- 0.99	Net Debt
Common Stock Shares Outstanding	- 0.97	Retained Earnings
Common Stock Shares Outstanding	- 0.96	Non Current Assets Total
Common Stock Shares Outstanding	- 0.95	Net Tangible Assets
Capital Surpluse	- 0.94	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.92	Other Assets