Skyline Payables Turnover vs Net Income Per Share Analysis

SKY Stock  USD 103.73  0.28  0.27%   
Skyline financial indicator trend analysis is much more than just breaking down Skyline prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skyline is a good investment. Please check the relationship between Skyline Payables Turnover and its Net Income Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skyline. 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.
For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.

Payables Turnover vs Net Income Per Share

Payables Turnover vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skyline Payables Turnover account and Net Income Per Share. At this time, the significance of the direction appears to have pay attention.
The correlation between Skyline's Payables Turnover and Net Income Per Share is -0.74. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Net Income Per Share in the same time period over historical financial statements of Skyline, assuming nothing else is changed. The correlation between historical values of Skyline's Payables Turnover and Net Income Per Share 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 Skyline are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Payables Turnover i.e., Skyline's Payables Turnover and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

-0.74
Relationship DirectionNegative 
Relationship StrengthWeak

Payables Turnover

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

Net Income Per Share

Most indicators from Skyline's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skyline 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 Skyline. 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.
For more information on how to buy Skyline Stock please use our How to Invest in Skyline guide.At this time, Skyline's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to rise to about 704 K in 2024, whereas Tax Provision is likely to drop slightly above 41.1 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense2.5M3.3M4.6M5.7M
Depreciation And Amortization20.9M26.7M34.9M36.7M

Skyline fundamental ratios Correlations

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0.970.940.920.96-0.670.870.830.990.970.830.590.730.960.920.840.920.990.90.820.680.850.80.960.870.85
-0.81-0.71-0.71-0.84-0.67-0.78-0.97-0.67-0.61-0.97-0.72-0.62-0.74-0.76-0.71-0.68-0.77-0.91-0.53-0.66-0.7-0.7-0.84-0.78-0.72
0.860.740.70.90.87-0.780.840.830.920.840.390.460.80.790.570.670.910.840.50.440.60.540.951.00.61
0.930.860.850.940.83-0.970.840.830.751.00.760.740.880.870.840.830.890.980.710.750.820.810.930.840.83
0.970.960.940.960.99-0.670.830.830.950.830.640.770.970.920.880.940.980.910.850.720.90.850.940.830.9
0.90.850.810.920.97-0.610.920.750.950.750.430.580.890.850.690.80.960.820.680.530.720.650.940.920.73
0.930.850.850.940.83-0.970.841.00.830.750.760.740.880.870.840.830.890.980.710.750.820.810.930.840.83
0.740.790.830.690.59-0.720.390.760.640.430.760.790.770.730.860.820.640.80.70.940.810.830.620.410.81
0.80.830.870.750.73-0.620.460.740.770.580.740.790.830.780.910.890.730.80.880.840.860.870.690.470.86
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0.910.940.940.870.84-0.710.570.840.880.690.840.860.910.920.870.960.840.90.920.890.980.980.80.570.98
0.950.990.990.910.92-0.680.670.830.940.80.830.820.890.980.90.960.910.920.930.90.930.910.860.680.94
0.980.940.920.990.99-0.770.910.890.980.960.890.640.730.970.930.840.910.940.780.710.840.80.990.910.85
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0.840.880.880.790.82-0.530.50.710.850.680.710.70.880.850.860.920.930.780.790.760.890.880.730.510.88
0.790.870.910.740.68-0.660.440.750.720.530.750.940.840.850.710.890.90.710.820.760.840.850.670.450.85
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0.860.740.710.90.87-0.781.00.840.830.920.840.410.470.80.80.570.680.910.840.510.450.590.530.950.61
0.920.930.920.890.85-0.720.610.830.90.730.830.810.860.910.870.980.940.850.890.880.851.00.990.820.61
Click cells to compare fundamentals

Skyline Account Relationship Matchups

Skyline fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets781.7M917.9M1.2B1.6B1.9B2.0B
Other Current Liab91.4M132.6M156.2M128.0M205.0M215.2M
Total Current Liabilities186.6M263.6M350.1M248.9M389.6M409.1M
Total Stockholder Equity474.3M568.6M825.1M1.2B1.4B1.5B
Property Plant And Equipment Net109.3M115.1M133.0M177.1M329.6M346.1M
Net Debt(98.2M)(197.5M)(387.5M)(735.0M)(340.4M)(323.3M)
Retained Earnings(48K)82.9M327.9M725.7M866.5M909.8M
Cash209.5M262.6M435.4M747.5M495.1M519.8M
Non Current Assets Total382.9M418.1M452.4M519.3M1.0B1.1B
Non Currrent Assets Other34.9M32.4M58.4M82.8M214.2M224.9M
Cash And Short Term Investments209.5M262.6M435.4M747.5M495.1M519.8M
Net Receivables45.7M57.5M90.5M67.3M64.6M35.6M
Common Stock Shares Outstanding56.8M57.0M57.3M57.4M58.0M60.9M
Liabilities And Stockholders Equity781.7M917.9M1.2B1.6B1.9B2.0B
Inventory126.4M166.1M241.3M202.2M318.7M334.7M
Other Current Assets17.2M13.6M15.0M26.5M39.9M23.5M
Other Stockholder Equity485.6M491.7M502.8M519.5M568.2M596.6M
Total Liab307.4M349.3M409.5M329.7M501.0M526.0M
Property Plant And Equipment Gross124.1M115.1M223.7M282.0M418.6M439.6M
Total Current Assets398.8M499.8M782.3M1.0B918.3M964.2M
Accumulated Other Comprehensive Income(12.8M)(7.5M)(7.2M)(13.7M)(13.9M)(14.6M)
Non Current Liabilities Total120.7M85.6M59.4M80.8M111.4M116.9M
Accounts Payable38.7M57.2M92.2M44.7M50.8M53.4M
Net Tangible Assets257.4M318.0M581.9M991.1M1.1B1.2B
Retained Earnings Total Equity(48K)82.9M327.9M725.7M834.5M876.2M
Capital Surpluse485.6M491.7M502.8M519.5M597.4M627.3M
Property Plant Equipment109.3M126.6M133.0M177.1M203.7M213.9M
Short Long Term Debt Total111.2M65.1M47.9M19.3M154.7M162.4M
Other Liab33.4M39.1M47.0M68.4M78.6M82.6M
Other Assets41.9M40.9M76.1M69.9M1.00.95
Long Term Debt54.3M77.3M39.3M12.4M24.7M29.9M
Good Will173.5M191.8M192.0M196.6M358.0M375.9M
Long Term Debt Total54.3M77.3M39.3M12.4M14.3M13.6M
Deferred Long Term Liab3.3M4.3M5.1M6.0M5.4M4.1M
Short Long Term Debt33.9M25.7M35.5M91.3M105.0M110.2M
Short Term Debt33.9M55.1M75.8M6.9M98.8M103.7M

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Additional Tools for Skyline Stock Analysis

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