Alkermes Price To Sales Ratio vs Payables Turnover Analysis

ALKS Stock

USD 29.32 0.07 0.24%

Alkermes Plc financial indicator trend analysis is way more than just evaluating Alkermes Plc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alkermes Plc is a good investment. Please check the relationship between Alkermes Plc Price To Sales Ratio and its Payables Turnover accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkermes Plc. 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 Alkermes Stock please use our How to Invest in Alkermes Plc 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 Alkermes Plc 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 Alkermes Plc's Price To Sales Ratio and Payables Turnover is -0.43. 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 Alkermes Plc, assuming nothing else is changed. The correlation between historical values of Alkermes Plc'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 Alkermes Plc 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., Alkermes Plc's Price To Sales Ratio and Payables Turnover go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Alkermes Plc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Alkermes Plc sales, a figure that is much harder to manipulate than other Alkermes Plc 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 Alkermes Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alkermes Plc 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkermes Plc. 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 Alkermes Stock please use our How to Invest in Alkermes Plc guide.At this time, Alkermes Plc's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 9.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 162.4 M in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	599.1M	1.0B	996.2M	1.0B
Cost Of Revenue	603.9M	218.1M	288.7M	226.3M

Total Operating Expenses Cost Of Revenue

Alkermes Plc fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Other Current Liab	Net Receivables	Common Stock Total Equity	Short Term Investments	Common Stock	Current Deferred Revenue
Total Assets		0.59	0.73	0.92	0.72	-0.24	-0.74	0.79	0.79	0.45	-0.12	0.83	0.85	0.64	0.41	0.79	0.88	0.65	0.87	-0.03	0.69	0.82	0.88	0.66	0.89	-0.33
Short Long Term Debt Total	0.59		0.03	0.65	0.73	0.55	-0.12	0.14	0.14	0.91	-0.17	0.33	0.7	0.89	-0.13	0.21	0.39	0.22	0.18	0.22	-0.01	0.14	0.71	0.22	0.71	-0.32
Total Current Liabilities	0.73	0.03		0.47	0.45	-0.74	-0.94	0.85	0.9	-0.16	0.18	0.63	0.52	0.24	0.66	0.84	0.91	0.81	0.91	-0.26	0.99	0.96	0.6	0.49	0.58	0.11
Total Stockholder Equity	0.92	0.65	0.47		0.65	-0.03	-0.49	0.67	0.6	0.56	-0.36	0.83	0.83	0.56	0.23	0.64	0.63	0.37	0.73	0.05	0.41	0.6	0.83	0.72	0.85	-0.58
Property Plant And Equipment Net	0.72	0.73	0.45	0.65		0.12	-0.64	0.43	0.33	0.74	0.07	0.46	0.92	0.86	-0.11	0.59	0.66	0.52	0.46	-0.01	0.42	0.55	0.91	0.45	0.93	0.02
Net Debt	-0.24	0.55	-0.74	-0.03	0.12		0.6	-0.59	-0.7	0.7	-0.15	-0.4	-0.03	0.34	-0.68	-0.48	-0.43	-0.47	-0.66	0.26	-0.76	-0.67	-0.1	-0.33	-0.05	-0.14
Retained Earnings	-0.74	-0.12	-0.94	-0.49	-0.64	0.6		-0.77	-0.75	-0.04	-0.21	-0.6	-0.66	-0.39	-0.41	-0.87	-0.89	-0.83	-0.84	0.26	-0.94	-0.94	-0.71	-0.51	-0.71	-0.2
Accounts Payable	0.79	0.14	0.85	0.67	0.43	-0.59	-0.77		0.85	-0.02	-0.03	0.68	0.57	0.19	0.69	0.82	0.78	0.53	0.89	-0.27	0.81	0.88	0.64	0.55	0.62	-0.24
Cash	0.79	0.14	0.9	0.6	0.33	-0.7	-0.75	0.85		-0.12	0.06	0.74	0.49	0.26	0.82	0.72	0.87	0.72	0.94	-0.12	0.88	0.91	0.58	0.49	0.54	-0.18
Non Current Assets Total	0.45	0.91	-0.16	0.56	0.74	0.7	-0.04	-0.02	-0.12		-0.09	0.19	0.67	0.84	-0.43	0.09	0.22	0.06	-0.03	0.28	-0.19	-0.01	0.6	0.14	0.65	-0.28
Non Currrent Assets Other	-0.12	-0.17	0.18	-0.36	0.07	-0.15	-0.21	-0.03	0.06	-0.09		-0.34	-0.12	0.11	0.21	-0.02	0.2	0.11	-0.1	-0.06	0.25	0.17	-0.09	-0.26	-0.11	0.47
Cash And Short Term Investments	0.83	0.33	0.63	0.83	0.46	-0.4	-0.6	0.68	0.74	0.19	-0.34		0.71	0.35	0.38	0.54	0.67	0.53	0.84	0.28	0.59	0.69	0.71	0.76	0.71	-0.37
Common Stock Shares Outstanding	0.85	0.7	0.52	0.83	0.92	-0.03	-0.66	0.57	0.49	0.67	-0.12	0.71		0.76	0.03	0.64	0.69	0.52	0.64	0.08	0.48	0.64	0.98	0.63	0.99	-0.28
Non Current Liabilities Total	0.64	0.89	0.24	0.56	0.86	0.34	-0.39	0.19	0.26	0.84	0.11	0.35	0.76		-0.13	0.34	0.6	0.51	0.28	0.16	0.22	0.33	0.76	0.22	0.77	0.0
Other Current Assets	0.41	-0.13	0.66	0.23	-0.11	-0.68	-0.41	0.69	0.82	-0.43	0.21	0.38	0.03	-0.13		0.41	0.55	0.34	0.65	-0.18	0.67	0.62	0.17	0.22	0.09	-0.19
Other Stockholder Equity	0.79	0.21	0.84	0.64	0.59	-0.48	-0.87	0.82	0.72	0.09	-0.02	0.54	0.64	0.34	0.41		0.81	0.67	0.85	-0.58	0.81	0.85	0.7	0.62	0.71	-0.01
Total Liab	0.88	0.39	0.91	0.63	0.66	-0.43	-0.89	0.78	0.87	0.22	0.2	0.67	0.69	0.6	0.55	0.81		0.86	0.86	-0.13	0.89	0.92	0.76	0.45	0.75	0.04
Property Plant And Equipment Gross	0.65	0.22	0.81	0.37	0.52	-0.47	-0.83	0.53	0.72	0.06	0.11	0.53	0.52	0.51	0.34	0.67	0.86		0.71	-0.12	0.82	0.77	0.57	0.25	0.58	0.26
Total Current Assets	0.87	0.18	0.91	0.73	0.46	-0.66	-0.84	0.89	0.94	-0.03	-0.1	0.84	0.64	0.28	0.65	0.85	0.86	0.71		-0.2	0.88	0.92	0.7	0.71	0.69	-0.19
Short Term Debt	-0.03	0.22	-0.26	0.05	-0.01	0.26	0.26	-0.27	-0.12	0.28	-0.06	0.28	0.08	0.16	-0.18	-0.58	-0.13	-0.12	-0.2		-0.27	-0.22	0.01	-0.12	0.0	-0.22
Other Current Liab	0.69	-0.01	0.99	0.41	0.42	-0.76	-0.94	0.81	0.88	-0.19	0.25	0.59	0.48	0.22	0.67	0.81	0.89	0.82	0.88	-0.27		0.96	0.57	0.44	0.54	0.16
Net Receivables	0.82	0.14	0.96	0.6	0.55	-0.67	-0.94	0.88	0.91	-0.01	0.17	0.69	0.64	0.33	0.62	0.85	0.92	0.77	0.92	-0.22	0.96		0.7	0.51	0.69	-0.02
Common Stock Total Equity	0.88	0.71	0.6	0.83	0.91	-0.1	-0.71	0.64	0.58	0.6	-0.09	0.71	0.98	0.76	0.17	0.7	0.76	0.57	0.7	0.01	0.57	0.7		0.64	0.99	-0.24
Short Term Investments	0.66	0.22	0.49	0.72	0.45	-0.33	-0.51	0.55	0.49	0.14	-0.26	0.76	0.63	0.22	0.22	0.62	0.45	0.25	0.71	-0.12	0.44	0.51	0.64		0.64	-0.22
Common Stock	0.89	0.71	0.58	0.85	0.93	-0.05	-0.71	0.62	0.54	0.65	-0.11	0.71	0.99	0.77	0.09	0.71	0.75	0.58	0.69	0.0	0.54	0.69	0.99	0.64		-0.24
Current Deferred Revenue	-0.33	-0.32	0.11	-0.58	0.02	-0.14	-0.2	-0.24	-0.18	-0.28	0.47	-0.37	-0.28	0.0	-0.19	-0.01	0.04	0.26	-0.19	-0.22	0.16	-0.02	-0.24	-0.22	-0.24

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Alkermes Plc Account Relationship Matchups

Alkermes Plc fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.8B	1.9B	2.0B	2.0B	2.1B	2.2B
Short Long Term Debt Total	277.1M	275.0M	295.8M	293.3M	372.2M	217.6M
Total Current Liabilities	391.1M	438.3M	471.3M	497.7M	520.2M	546.2M
Total Stockholder Equity	1.1B	1.1B	1.1B	1.0B	1.2B	1.3B
Property Plant And Equipment Net	362.2M	350.0M	341.1M	325.4M	318.4M	165.3M
Net Debt	73.4M	2M	(41.7M)	797K	(85.3M)	(81.0M)
Retained Earnings	(1.4B)	(1.5B)	(1.5B)	(1.7B)	(1.3B)	(1.3B)
Accounts Payable	54.3M	46.0M	55.7M	32.8M	65.6M	68.9M
Cash	203.8M	273.0M	337.5M	292.5M	457.5M	480.3M
Non Current Assets Total	764.0M	814.0M	732.9M	702.1M	650.7M	423.1M
Non Currrent Assets Other	(17.6M)	148.9M	(86.3M)	(1.1M)	11.5M	12.1M
Cash And Short Term Investments	614.4M	659.8M	765.7M	740.1M	773.5M	812.2M
Common Stock Shares Outstanding	157.1M	158.8M	160.9M	163.5M	169.7M	107.2M
Liabilities And Stockholders Equity	1.8B	1.9B	2.0B	2.0B	2.1B	2.2B
Non Current Liabilities Total	328.8M	444.5M	440.6M	422.5M	413.3M	247.9M
Other Current Assets	59.7M	60.7M	49.0M	43.5M	192.4M	202.0M
Other Stockholder Equity	2.5B	2.6B	2.7B	2.8B	2.5B	2.7B
Total Liab	720.0M	882.7M	911.9M	920.2M	933.5M	980.2M
Property Plant And Equipment Gross	362.2M	481.7M	852.2M	874.9M	548.6M	576.0M
Total Current Assets	1.0B	1.1B	1.3B	1.3B	1.5B	1.6B
Accumulated Other Comprehensive Income	(1.8M)	(1.3M)	(3.7M)	(10.9M)	(3.1M)	(3.3M)
Other Current Liab	327.2M	366.1M	390.0M	445.2M	443.1M	465.2M
Net Receivables	265.5M	289.5M	326.6M	296.9M	333.2M	349.8M
Common Stock Total Equity	1.6M	1.6M	1.7M	1.7M	1.9M	1.2M
Short Term Investments	331.2M	362.1M	198.8M	316.0M	316.0M	251.8M
Common Stock	1.6M	1.6M	1.7M	1.7M	1.7M	1.2M
Current Deferred Revenue	6.8M	7.5M	6.3M	6.8M	2.7M	2.6M
Other Liab	49.2M	52.9M	147.8M	42.4M	48.7M	45.4M
Other Assets	140.1M	284.7M	224.9M	122.4M	1.0	0.95
Long Term Debt	274.3M	272.1M	292.8M	290.3M	287.7M	282.4M
Property Plant Equipment	362.2M	350.0M	341.1M	325.4M	374.2M	214.7M
Inventory	101.8M	125.7M	150.3M	181.4M	186.4M	195.7M
Net Tangible Assets	841.9M	862.9M	945.7M	913.2M	1.1B	791.1M
Retained Earnings Total Equity	(1.4B)	(1.5B)	(1.5B)	(1.7B)	(1.5B)	(1.6B)
Long Term Debt Total	274.3M	272.1M	292.8M	290.3M	261.2M	247.6M
Capital Surpluse	2.6B	2.7B	2.8B	2.9B	3.4B	2.5B

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