Sprott Payables Turnover vs Days Of Inventory On Hand Analysis

SII Stock  USD 43.72  0.93  2.17%   
Sprott financial indicator trend analysis is much more than just breaking down Sprott Inc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sprott Inc is a good investment. Please check the relationship between Sprott Payables Turnover and its Days Of Inventory On Hand accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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.

Payables Turnover vs Days Of Inventory On Hand

Payables Turnover vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sprott Inc Payables Turnover account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Sprott's Payables Turnover and Days Of Inventory On Hand is 0.12. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Sprott Inc, assuming nothing else is changed. The correlation between historical values of Sprott's Payables Turnover and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payables Turnover of Sprott Inc are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Payables Turnover i.e., Sprott's Payables Turnover and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

0.12
Relationship DirectionPositive 
Relationship StrengthInsignificant

Payables Turnover

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

Days Of Inventory On Hand

Most indicators from Sprott's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sprott Inc 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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.
As of now, Sprott's Enterprise Value Over EBITDA is decreasing as compared to previous years. The Sprott's current Enterprise Value Multiple is estimated to increase to 14.23, while Selling General Administrative is projected to decrease to under 14.9 M.
 2022 2023 2024 2025 (projected)
Gross Profit74.2M64.2M57.8M80.9M
Total Revenue154.3M146.3M131.7M108.0M

Sprott fundamental ratios Correlations

-0.12-0.540.870.220.17-0.11-0.49-0.090.770.63-0.54-0.050.24-0.160.470.310.32-0.20.33-0.45-0.040.470.290.550.31
-0.120.28-0.15-0.34-0.460.1-0.090.48-0.26-0.40.49-0.06-0.230.44-0.23-0.360.50.17-0.40.370.24-0.46-0.44-0.42-0.1
-0.540.28-0.74-0.48-0.550.710.910.52-0.67-0.440.730.38-0.70.6-0.53-0.59-0.010.69-0.570.670.63-0.67-0.49-0.67-0.35
0.87-0.15-0.740.150.06-0.33-0.73-0.030.660.73-0.480.030.38-0.120.210.490.05-0.650.16-0.37-0.250.450.090.480.07
0.22-0.34-0.480.150.74-0.5-0.29-0.680.65-0.15-0.72-0.550.55-0.810.620.260.30.020.71-0.73-0.450.740.750.620.61
0.17-0.46-0.550.060.74-0.5-0.3-0.960.6-0.11-0.81-0.630.62-0.890.830.190.130.040.91-0.83-0.520.70.950.710.62
-0.110.10.71-0.33-0.5-0.50.720.44-0.290.020.380.28-0.930.64-0.31-0.620.010.52-0.440.350.97-0.75-0.39-0.69-0.27
-0.49-0.090.91-0.73-0.29-0.30.720.26-0.54-0.350.50.38-0.660.41-0.36-0.53-0.130.72-0.360.480.58-0.49-0.25-0.49-0.24
-0.090.480.52-0.03-0.68-0.960.440.26-0.540.140.790.61-0.560.82-0.7-0.150.010.05-0.830.810.47-0.61-0.9-0.62-0.44
0.77-0.26-0.670.660.650.6-0.29-0.54-0.540.35-0.88-0.520.45-0.620.680.30.4-0.140.62-0.86-0.190.610.650.620.49
0.63-0.4-0.440.73-0.15-0.110.02-0.350.140.35-0.240.380.060.140.040.24-0.25-0.45-0.08-0.090.020.14-0.130.22-0.05
-0.540.490.73-0.48-0.72-0.810.380.50.79-0.88-0.240.61-0.50.81-0.76-0.28-0.260.21-0.790.980.32-0.64-0.85-0.65-0.5
-0.05-0.060.380.03-0.55-0.630.280.380.61-0.520.380.61-0.350.71-0.6-0.14-0.39-0.05-0.650.760.17-0.26-0.67-0.24-0.39
0.24-0.23-0.70.380.550.62-0.93-0.66-0.560.450.06-0.5-0.35-0.70.420.6-0.07-0.440.56-0.47-0.920.830.520.80.32
-0.160.440.6-0.12-0.81-0.890.640.410.82-0.620.140.810.71-0.7-0.74-0.45-0.220.07-0.860.830.63-0.76-0.9-0.73-0.58
0.47-0.23-0.530.210.620.83-0.31-0.36-0.70.680.04-0.76-0.60.42-0.740.160.450.220.91-0.78-0.280.630.880.70.8
0.31-0.36-0.590.490.260.19-0.62-0.53-0.150.30.24-0.28-0.140.6-0.450.16-0.26-0.530.29-0.21-0.640.650.220.590.02
0.320.5-0.010.050.30.130.01-0.130.010.4-0.25-0.26-0.39-0.07-0.220.45-0.260.420.23-0.340.170.040.280.080.5
-0.20.170.69-0.650.020.040.520.720.05-0.14-0.450.21-0.05-0.440.070.22-0.530.420.060.120.48-0.220.13-0.170.31
0.33-0.4-0.570.160.710.91-0.44-0.36-0.830.62-0.08-0.79-0.650.56-0.860.910.290.230.06-0.81-0.450.750.950.760.76
-0.450.370.67-0.37-0.73-0.830.350.480.81-0.86-0.090.980.76-0.470.83-0.78-0.21-0.340.12-0.810.27-0.57-0.87-0.57-0.52
-0.040.240.63-0.25-0.45-0.520.970.580.47-0.190.020.320.17-0.920.63-0.28-0.640.170.48-0.450.27-0.77-0.4-0.73-0.25
0.47-0.46-0.670.450.740.7-0.75-0.49-0.610.610.14-0.64-0.260.83-0.760.630.650.04-0.220.75-0.57-0.770.70.950.55
0.29-0.44-0.490.090.750.95-0.39-0.25-0.90.65-0.13-0.85-0.670.52-0.90.880.220.280.130.95-0.87-0.40.70.730.67
0.55-0.42-0.670.480.620.71-0.69-0.49-0.620.620.22-0.65-0.240.8-0.730.70.590.08-0.170.76-0.57-0.730.950.730.58
0.31-0.1-0.350.070.610.62-0.27-0.24-0.440.49-0.05-0.5-0.390.32-0.580.80.020.50.310.76-0.52-0.250.550.670.58
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Sprott Account Relationship Matchups

Sprott fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets377.3M365.9M383.7M378.8M435.7M358.7M
Other Current Liab17.5M18.8M21.5M7.8M7.0M6.7M
Total Current Liabilities47.2M28.1M25.8M21.4M19.3M18.3M
Total Stockholder Equity291.0M291.2M277.3M305.7M351.6M282.9M
Property Plant And Equipment Net16.6M16.5M12.5M10.9M12.5M8.7M
Net Debt(27.1M)(20.0M)2.8M3.6M4.1M4.3M
Retained Earnings(104.5M)(97.0M)(105.3M)(89.4M)(80.5M)(76.4M)
Accounts Payable29.7M9.4M10.7M12.6M11.4M10.8M
Cash44.1M49.8M51.7M20.7M18.6M17.7M
Non Current Assets Total292.0M288.3M306.8M333.8M383.8M199.4M
Non Currrent Assets Other16.1M12.4M21.3M24.3M27.9M19.3M
Cash And Short Term Investments53.6M55.9M55.0M22.9M20.6M19.6M
Net Receivables22.5M14.8M13.2M8.7M7.8M7.4M
Common Stock Shares Outstanding25.8M25.9M26.2M26.1M30.0M23.7M
Short Term Investments9.5M6.1M3.3M2.2M2.0M1.9M
Liabilities And Stockholders Equity377.3M365.9M383.7M378.8M435.7M358.7M
Non Current Liabilities Total39.1M46.5M80.7M51.7M59.4M62.4M
Other Current Assets9.2M6.8M8.7M13.5M15.5M8.1M
Other Stockholder Equity147.8M132.2M197.3M35.3M40.6M78.2M
Total Liab86.4M74.7M106.5M73.1M65.8M55.2M
Property Plant And Equipment Gross16.6M32.5M30.9M31.0M35.7M37.4M
Total Current Assets85.3M77.5M77.0M45.1M40.6M38.5M
Accumulated Other Comprehensive Income(65.6M)(64.6M)(79.6M)(74.9M)(67.4M)(64.1M)
Inventory(12.1M)(7.8M)(4.5M)(3.0M)(2.7M)(2.8M)
Other Assets24.5M17.8M13.9M23.0M26.4M22.4M
Intangible Assets156.0M170.1M178.6M182.9M210.3M220.9M
Common Stock417.8M417.4M428.5M434.8M500.0M384.3M
Short Long Term Debt Total17.0M59.5M54.4M24.2M27.9M26.9M
Short Term Debt17.0M29.7M54.4M24.1M27.7M21.2M
Capital Surpluse33.1M43.2M43.3M35.4M40.7M38.8M
Property Plant Equipment16.2M16.6M16.5M12.5M14.4M12.5M
Other Liab6.7M14.3M8.5M8.2M9.5M7.2M
Net Tangible Assets138.4M115.9M102.0M79.5M71.6M143.0M
Current Deferred Revenue(17.0M)(29.7M)(54.4M)(24.1M)(21.7M)(22.8M)
Net Invested Capital308.0M321.0M331.7M329.9M379.4M335.8M
Long Term Investments82.5M68.8M73.6M93.5M107.6M79.8M
Net Working Capital38.1M49.4M51.2M23.6M21.2M20.2M

Currently Active Assets on Macroaxis

When determining whether Sprott Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sprott's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sprott Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sprott Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sprott Inc. 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.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Asset Management & Custody Banks 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 Sprott. If investors know Sprott 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 Sprott 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
0.885
Earnings Share
1.85
Revenue Per Share
7.669
Quarterly Revenue Growth
0.349
Return On Assets
0.144
The market value of Sprott Inc is measured differently than its book value, which is the value of Sprott that is recorded on the company's balance sheet. Investors also form their own opinion of Sprott's value that differs from its market value or its book value, called intrinsic value, which is Sprott'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 Sprott's market value can be influenced by many factors that don't directly affect Sprott'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 Sprott's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sprott is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sprott'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.