Carpenter Payout Ratio vs Days Sales Outstanding Analysis

CRS Stock

USD 194.77 0.73 0.38%

Carpenter Technology financial indicator trend analysis is way more than just evaluating Carpenter Technology prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carpenter Technology is a good investment. Please check the relationship between Carpenter Technology Payout Ratio and its Days Sales Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carpenter 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 metropolitan statistical area.

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

Payout Ratio vs Days Sales Outstanding

Payout Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carpenter Technology Payout Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Carpenter Technology's Payout Ratio and Days Sales Outstanding is -0.35. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Carpenter Technology, assuming nothing else is changed. The correlation between historical values of Carpenter Technology's Payout Ratio and Days Sales 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 Payout Ratio of Carpenter Technology are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Payout Ratio i.e., Carpenter Technology's Payout Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payout Ratio

Payout Ratio is the proportion of Carpenter Technology earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Carpenter Technology dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Carpenter Technology is paying out more in dividends than it makes in net income.

Days Sales Outstanding

Most indicators from Carpenter Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carpenter 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Carpenter 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 metropolitan statistical area.

For more information on how to buy Carpenter Stock please use our How to Invest in Carpenter Technology guide.At this time, Carpenter Technology's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.13 in 2024, whereas Selling General Administrative is likely to drop slightly above 155.6 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	149.8M	337.3M	584.3M	302.3M
Total Revenue	1.8B	2.6B	2.8B	1.5B

Gross Profit Total Revenue

Carpenter Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Intangible Assets	Common Stock Total Equity
Total Assets		0.86	0.32	0.74	0.97	0.93	0.73	0.96	0.33	0.96	0.67	0.31	0.45	0.79	0.94	0.87	0.28	-0.68	0.97	0.26	0.93	0.08	0.7	0.96	0.35	0.96
Short Long Term Debt Total	0.86		0.11	0.43	0.82	0.94	0.82	0.78	0.3	0.88	0.5	0.28	0.35	0.77	0.88	0.63	0.39	-0.61	0.84	0.38	0.72	0.14	0.51	0.81	0.08	0.82
Other Current Liab	0.32	0.11		0.33	0.36	0.19	0.21	0.29	0.32	0.2	0.23	0.31	0.42	0.03	0.22	0.21	0.37	-0.26	0.27	0.32	0.45	-0.4	0.23	0.24	-0.25	0.32
Total Current Liabilities	0.74	0.43	0.33		0.69	0.48	0.3	0.64	0.38	0.57	0.46	0.36	0.51	0.61	0.55	0.78	0.06	-0.25	0.73	0.22	0.87	0.2	0.78	0.75	0.48	0.75
Total Stockholder Equity	0.97	0.82	0.36	0.69		0.9	0.71	0.92	0.3	0.92	0.63	0.28	0.48	0.76	0.84	0.83	0.3	-0.57	0.88	0.28	0.92	0.0	0.72	0.89	0.26	0.91
Property Plant And Equipment Net	0.93	0.94	0.19	0.48	0.9		0.85	0.9	0.21	0.97	0.6	0.18	0.33	0.73	0.94	0.72	0.35	-0.75	0.9	0.28	0.76	-0.01	0.57	0.89	0.19	0.87
Net Debt	0.73	0.82	0.21	0.3	0.71	0.85		0.72	-0.23	0.79	0.57	-0.24	0.35	0.48	0.77	0.62	0.32	-0.74	0.71	0.43	0.56	-0.14	0.46	0.64	-0.14	0.65
Retained Earnings	0.96	0.78	0.29	0.64	0.92	0.9	0.72		0.2	0.96	0.79	0.17	0.29	0.68	0.92	0.89	0.15	-0.76	0.94	0.07	0.84	0.12	0.56	0.91	0.4	0.88
Cash	0.33	0.3	0.32	0.38	0.3	0.21	-0.23	0.2		0.21	-0.01	1.0	0.18	0.41	0.27	0.06	0.34	0.05	0.33	0.09	0.45	0.22	0.15	0.37	0.2	0.41
Non Current Assets Total	0.96	0.88	0.2	0.57	0.92	0.97	0.79	0.96	0.21		0.73	0.19	0.32	0.75	0.96	0.81	0.25	-0.78	0.95	0.18	0.79	0.09	0.58	0.93	0.33	0.89
Non Currrent Assets Other	0.67	0.5	0.23	0.46	0.63	0.6	0.57	0.79	-0.01	0.73		-0.02	0.09	0.34	0.65	0.68	0.04	-0.64	0.66	-0.06	0.5	0.27	0.17	0.58	0.25	0.51
Cash And Short Term Investments	0.31	0.28	0.31	0.36	0.28	0.18	-0.24	0.17	1.0	0.19	-0.02		0.21	0.41	0.25	0.04	0.37	0.06	0.31	0.12	0.43	0.21	0.14	0.36	0.18	0.4
Net Receivables	0.45	0.35	0.42	0.51	0.48	0.33	0.35	0.29	0.18	0.32	0.09	0.21		0.52	0.3	0.32	0.66	-0.19	0.39	0.85	0.57	-0.45	0.61	0.48	-0.26	0.59
Common Stock Shares Outstanding	0.79	0.77	0.03	0.61	0.76	0.73	0.48	0.68	0.41	0.75	0.34	0.41	0.52		0.73	0.69	0.17	-0.3	0.77	0.3	0.76	0.28	0.71	0.83	0.44	0.82
Non Current Liabilities Total	0.94	0.88	0.22	0.55	0.84	0.94	0.77	0.92	0.27	0.96	0.65	0.25	0.3	0.73		0.78	0.27	-0.83	0.97	0.2	0.78	0.12	0.52	0.94	0.33	0.9
Inventory	0.87	0.63	0.21	0.78	0.83	0.72	0.62	0.89	0.06	0.81	0.68	0.04	0.32	0.69	0.78		-0.11	-0.55	0.86	0.02	0.85	0.27	0.69	0.82	0.53	0.81
Other Current Assets	0.28	0.39	0.37	0.06	0.3	0.35	0.32	0.15	0.34	0.25	0.04	0.37	0.66	0.17	0.27	-0.11		-0.36	0.24	0.8	0.27	-0.61	0.09	0.29	-0.62	0.41
Other Stockholder Equity	-0.68	-0.61	-0.26	-0.25	-0.57	-0.75	-0.74	-0.76	0.05	-0.78	-0.64	0.06	-0.19	-0.3	-0.83	-0.55	-0.36		-0.75	-0.17	-0.48	0.21	-0.21	-0.69	-0.07	-0.66
Total Liab	0.97	0.84	0.27	0.73	0.88	0.9	0.71	0.94	0.33	0.95	0.66	0.31	0.39	0.77	0.97	0.86	0.24	-0.75		0.22	0.88	0.15	0.64	0.98	0.4	0.95
Property Plant And Equipment Gross	0.26	0.38	0.32	0.22	0.28	0.28	0.43	0.07	0.09	0.18	-0.06	0.12	0.85	0.3	0.2	0.02	0.8	-0.17	0.22		0.33	-0.54	0.4	0.27	-0.6	0.4
Total Current Assets	0.93	0.72	0.45	0.87	0.92	0.76	0.56	0.84	0.45	0.79	0.5	0.43	0.57	0.76	0.78	0.85	0.27	-0.48	0.88	0.33		0.06	0.79	0.89	0.32	0.94
Short Term Debt	0.08	0.14	-0.4	0.2	0.0	-0.01	-0.14	0.12	0.22	0.09	0.27	0.21	-0.45	0.28	0.12	0.27	-0.61	0.21	0.15	-0.54	0.06		-0.09	0.08	0.61	-0.01
Accounts Payable	0.7	0.51	0.23	0.78	0.72	0.57	0.46	0.56	0.15	0.58	0.17	0.14	0.61	0.71	0.52	0.69	0.09	-0.21	0.64	0.4	0.79	-0.09		0.71	0.35	0.73
Common Stock	0.96	0.81	0.24	0.75	0.89	0.89	0.64	0.91	0.37	0.93	0.58	0.36	0.48	0.83	0.94	0.82	0.29	-0.69	0.98	0.27	0.89	0.08	0.71		0.44	0.97
Intangible Assets	0.35	0.08	-0.25	0.48	0.26	0.19	-0.14	0.4	0.2	0.33	0.25	0.18	-0.26	0.44	0.33	0.53	-0.62	-0.07	0.4	-0.6	0.32	0.61	0.35	0.44		0.29
Common Stock Total Equity	0.96	0.82	0.32	0.75	0.91	0.87	0.65	0.88	0.41	0.89	0.51	0.4	0.59	0.82	0.9	0.81	0.41	-0.66	0.95	0.4	0.94	-0.01	0.73	0.97	0.29

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Carpenter Technology Account Relationship Matchups

Carpenter Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	3.0B	2.9B	3.1B	3.3B	2.0B
Short Long Term Debt Total	721.8M	703.5M	701.7M	702.1M	741.4M	466.0M
Other Current Liab	145.6M	146.3M	108.8M	158.2M	180.3M	97.8M
Total Current Liabilities	452.1M	306.3M	375.6M	459.4M	466.3M	303.1M
Total Stockholder Equity	1.4B	1.4B	1.3B	1.4B	1.6B	875.4M
Property Plant And Equipment Net	1.4B	1.5B	1.4B	1.4B	1.4B	879.5M
Net Debt	528.7M	407.1M	547.5M	648.5M	542.3M	328.2M
Retained Earnings	1.6B	1.3B	1.2B	1.2B	1.4B	791.7M
Cash	193.1M	287.4M	154.2M	44.5M	199.1M	127.4M
Non Current Assets Total	2.0B	1.9B	1.8B	1.8B	1.7B	1.2B
Non Currrent Assets Other	255.9M	90.6M	104.7M	111.5M	76.3M	72.5M
Cash And Short Term Investments	193.1M	287.4M	154.2M	44.5M	199.1M	148.4M
Net Receivables	292.3M	308.7M	382.3M	531.3M	562.6M	590.7M
Liabilities And Stockholders Equity	3.2B	3.0B	2.9B	3.1B	3.3B	2.0B
Non Current Liabilities Total	1.3B	1.3B	1.2B	1.2B	1.2B	832.8M
Inventory	724.3M	425.7M	496.1M	639.7M	735.4M	373.3M
Other Current Assets	56.6M	95.6M	86.8M	66.4M	94.1M	98.8M
Other Stockholder Equity	(4.4M)	5.2M	12.9M	30.4M	63.3M	116.8M
Total Liab	1.8B	1.6B	1.6B	1.7B	1.7B	1.1B
Property Plant And Equipment Gross	1.4B	1.5B	3.2B	3.3B	3.4B	3.5B
Total Current Assets	1.3B	1.1B	1.1B	1.3B	1.6B	808.3M
Accumulated Other Comprehensive Income	(398M)	(192.3M)	(173.5M)	(143M)	(93.9M)	(98.6M)
Short Term Debt	170M	9M	9.9M	9.1M	8.8M	8.4M
Accounts Payable	238.7M	124.2M	142.4M	242.1M	263.9M	149.6M
Common Stock	278.6M	279M	280.1M	280.7M	284.9M	193.9M
Intangible Assets	52.1M	43.1M	35.2M	28.7M	15.2M	14.4M
Common Stock Total Equity	278.6M	279M	280.1M	280.7M	322.8M	243.1M
Other Liab	727.3M	578.1M	534.4M	461.8M	531.1M	468.6M
Other Assets	65.5M	111.8M	115.5M	118.1M	1.0	0.95
Long Term Debt	551.8M	694.5M	691.8M	693M	694.2M	512.2M
Good Will	268.7M	326.4M	290.4M	241.4M	227.3M	182.2M
Treasury Stock	(332.8M)	(325.8M)	(317.4M)	(307.4M)	(276.7M)	(290.5M)
Property Plant Equipment	1.4B	1.5B	1.4B	1.4B	1.6B	1.1B
Current Deferred Revenue	10.4M	10.5M	12.3M	14.4M	14M	19.6M
Net Tangible Assets	956.2M	1.1B	1.1B	1.4B	1.6B	1.1B
Retained Earnings Total Equity	1.6B	1.3B	1.2B	1.2B	1.4B	1.4B
Long Term Debt Total	551.8M	694.5M	691.8M	693M	797.0M	627.7M

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