Magnite Payables Turnover vs Days Sales Outstanding Analysis

MGNI Stock

USD 20.00 0.51 2.62%

Magnite financial indicator trend analysis is infinitely more than just investigating Magnite recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Magnite is a good investment. Please check the relationship between Magnite Payables Turnover and its Days Sales Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.

Payables Turnover vs Days Sales Outstanding

Payables Turnover vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Magnite Payables Turnover account and Days Sales Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Magnite's Payables Turnover and Days Sales Outstanding is -0.16. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Magnite, assuming nothing else is changed. The correlation between historical values of Magnite's Payables Turnover 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 Payables Turnover of Magnite 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 Payables Turnover i.e., Magnite's Payables Turnover and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Payables Turnover

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

Days Sales Outstanding

Most indicators from Magnite's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Magnite 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.The Magnite's current Sales General And Administrative To Revenue is estimated to increase to 0.29, while Selling General Administrative is projected to decrease to under 57 M.

	2022	2023	2024	2025 (projected)
Gross Profit	269.9M	209.8M	241.3M	151.4M
Total Revenue	577.1M	619.7M	712.7M	748.3M

Gross Profit Total Revenue

Magnite fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	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	Intangible Assets	Common Stock
Total Assets		0.97	0.64	0.98	0.98	0.98	-0.35	0.9	-0.88	0.98	0.97	0.99	0.47	0.95	0.99	0.99	0.98	0.97	0.96	0.98	1.0	0.93	0.99	0.85	0.65	0.19
Short Long Term Debt Total	0.97		0.49	0.93	0.95	0.94	-0.3	0.97	-0.82	0.93	0.91	0.99	0.42	0.88	0.94	0.98	0.93	1.0	0.9	0.93	0.97	0.85	0.93	0.89	0.74	0.2
Other Current Liab	0.64	0.49		0.73	0.61	0.61	-0.51	0.29	-0.61	0.73	0.74	0.54	0.5	0.78	0.71	0.62	0.64	0.47	0.64	0.68	0.64	0.81	0.73	0.25	-0.02	0.18
Total Current Liabilities	0.98	0.93	0.73		0.94	0.96	-0.44	0.83	-0.91	1.0	0.97	0.95	0.44	0.95	1.0	0.98	0.98	0.92	0.95	0.98	0.99	0.98	1.0	0.76	0.51	0.2
Total Stockholder Equity	0.98	0.95	0.61	0.94		0.97	-0.23	0.87	-0.84	0.94	0.95	0.98	0.54	0.94	0.95	0.96	0.97	0.95	0.97	0.97	0.96	0.87	0.96	0.89	0.73	0.19
Property Plant And Equipment Net	0.98	0.94	0.61	0.96	0.97		-0.32	0.85	-0.93	0.96	0.95	0.96	0.46	0.94	0.96	0.95	0.98	0.93	0.98	0.99	0.97	0.91	0.97	0.88	0.65	0.24
Current Deferred Revenue	-0.35	-0.3	-0.51	-0.44	-0.23	-0.32		-0.17	0.4	-0.44	-0.49	-0.26	-0.09	-0.49	-0.41	-0.38	-0.3	-0.29	-0.31	-0.34	-0.39	-0.52	-0.43	-0.05	0.34	-0.07
Net Debt	0.9	0.97	0.29	0.83	0.87	0.85	-0.17		-0.71	0.82	0.78	0.95	0.33	0.74	0.84	0.92	0.85	0.97	0.79	0.82	0.9	0.72	0.82	0.88	0.81	0.21
Retained Earnings	-0.88	-0.82	-0.61	-0.91	-0.84	-0.93	0.4	-0.71		-0.91	-0.88	-0.84	-0.35	-0.86	-0.91	-0.86	-0.93	-0.81	-0.91	-0.94	-0.89	-0.9	-0.91	-0.76	-0.45	-0.26
Accounts Payable	0.98	0.93	0.73	1.0	0.94	0.96	-0.44	0.82	-0.91		0.97	0.94	0.43	0.95	1.0	0.98	0.98	0.92	0.95	0.98	0.99	0.98	1.0	0.76	0.5	0.2
Cash	0.97	0.91	0.74	0.97	0.95	0.95	-0.49	0.78	-0.88	0.97		0.93	0.49	0.99	0.97	0.95	0.95	0.9	0.95	0.97	0.97	0.95	0.99	0.77	0.5	0.13
Non Current Assets Total	0.99	0.99	0.54	0.95	0.98	0.96	-0.26	0.95	-0.84	0.94	0.93		0.46	0.9	0.96	0.99	0.96	0.99	0.93	0.95	0.98	0.87	0.95	0.89	0.75	0.2
Non Currrent Assets Other	0.47	0.42	0.5	0.44	0.54	0.46	-0.09	0.33	-0.35	0.43	0.49	0.46		0.54	0.44	0.43	0.45	0.41	0.49	0.47	0.43	0.38	0.46	0.48	0.4	0.23
Cash And Short Term Investments	0.95	0.88	0.78	0.95	0.94	0.94	-0.49	0.74	-0.86	0.95	0.99	0.9	0.54		0.95	0.93	0.93	0.87	0.95	0.96	0.94	0.93	0.97	0.75	0.48	0.15
Net Receivables	0.99	0.94	0.71	1.0	0.95	0.96	-0.41	0.84	-0.91	1.0	0.97	0.96	0.44	0.95		0.98	0.98	0.93	0.95	0.98	0.99	0.97	1.0	0.78	0.54	0.2
Good Will	0.99	0.98	0.62	0.98	0.96	0.95	-0.38	0.92	-0.86	0.98	0.95	0.99	0.43	0.93	0.98		0.96	0.98	0.93	0.96	1.0	0.93	0.98	0.83	0.63	0.19
Common Stock Shares Outstanding	0.98	0.93	0.64	0.98	0.97	0.98	-0.3	0.85	-0.93	0.98	0.95	0.96	0.45	0.93	0.98	0.96		0.93	0.98	0.99	0.98	0.93	0.98	0.85	0.63	0.26
Non Current Liabilities Total	0.97	1.0	0.47	0.92	0.95	0.93	-0.29	0.97	-0.81	0.92	0.9	0.99	0.41	0.87	0.93	0.98	0.93		0.89	0.92	0.97	0.84	0.93	0.89	0.75	0.18
Other Current Assets	0.96	0.9	0.64	0.95	0.97	0.98	-0.31	0.79	-0.91	0.95	0.95	0.93	0.49	0.95	0.95	0.93	0.98	0.89		0.98	0.94	0.89	0.96	0.86	0.62	0.16
Other Stockholder Equity	0.98	0.93	0.68	0.98	0.97	0.99	-0.34	0.82	-0.94	0.98	0.97	0.95	0.47	0.96	0.98	0.96	0.99	0.92	0.98		0.98	0.94	0.99	0.83	0.6	0.21
Total Liab	1.0	0.97	0.64	0.99	0.96	0.97	-0.39	0.9	-0.89	0.99	0.97	0.98	0.43	0.94	0.99	1.0	0.98	0.97	0.94	0.98		0.95	0.99	0.82	0.61	0.19
Property Plant And Equipment Gross	0.93	0.85	0.81	0.98	0.87	0.91	-0.52	0.72	-0.9	0.98	0.95	0.87	0.38	0.93	0.97	0.93	0.93	0.84	0.89	0.94	0.95		0.97	0.63	0.34	0.2
Total Current Assets	0.99	0.93	0.73	1.0	0.96	0.97	-0.43	0.82	-0.91	1.0	0.99	0.95	0.46	0.97	1.0	0.98	0.98	0.93	0.96	0.99	0.99	0.97		0.78	0.53	0.19
Short Term Debt	0.85	0.89	0.25	0.76	0.89	0.88	-0.05	0.88	-0.76	0.76	0.77	0.89	0.48	0.75	0.78	0.83	0.85	0.89	0.86	0.83	0.82	0.63	0.78		0.88	0.26
Intangible Assets	0.65	0.74	-0.02	0.51	0.73	0.65	0.34	0.81	-0.45	0.5	0.5	0.75	0.4	0.48	0.54	0.63	0.63	0.75	0.62	0.6	0.61	0.34	0.53	0.88		0.13
Common Stock	0.19	0.2	0.18	0.2	0.19	0.24	-0.07	0.21	-0.26	0.2	0.13	0.2	0.23	0.15	0.2	0.19	0.26	0.18	0.16	0.21	0.19	0.2	0.19	0.26	0.13

Click cells to compare fundamentals

Magnite Account Relationship Matchups

Magnite fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	939.0M	2.7B	2.7B	2.7B	3.1B	3.2B
Short Long Term Debt Total	42.1M	809.3M	813.9M	606.7M	697.7M	732.5M
Other Current Liab	5.7M	4.4M	2.1M	21.0M	24.2M	25.4M
Total Current Liabilities	522.2M	1.0B	1.1B	1.4B	1.6B	1.7B
Total Stockholder Equity	381.6M	880.8M	791.3M	701.7M	806.9M	847.3M
Property Plant And Equipment Net	63.3M	111.1M	123.2M	107.9M	124.1M	130.3M
Net Debt	(75.6M)	578.9M	487.6M	280.4M	322.5M	338.6M
Retained Earnings	(394.5M)	(394.5M)	(524.8M)	(684.0M)	(615.6M)	(584.8M)
Accounts Payable	496.9M	983.1M	1.1B	1.4B	1.6B	1.6B
Cash	117.7M	230.4M	326.3M	326.2M	375.2M	393.9M
Non Current Assets Total	331.9M	1.5B	1.4B	1.2B	1.3B	1.4B
Non Currrent Assets Other	4.4M	6.9M	7.4M	6.7M	7.7M	4.9M
Cash And Short Term Investments	117.7M	230.4M	326.3M	326.2M	375.2M	393.9M
Net Receivables	471.7M	927.8M	976.5M	1.2B	1.4B	1.4B
Common Stock Shares Outstanding	96.7M	136.3M	132.9M	136.6M	157.1M	165.0M
Liabilities And Stockholders Equity	939.0M	2.7B	2.7B	2.7B	3.1B	3.2B
Non Current Liabilities Total	35.1M	802.5M	795.9M	585.0M	672.7M	706.4M
Other Current Assets	17.0M	19.2M	23.5M	20.5M	23.6M	24.8M
Other Stockholder Equity	777.1M	1.3B	1.3B	1.4B	1.6B	1.7B
Total Liab	557.3M	1.8B	1.9B	2.0B	2.3B	2.4B
Property Plant And Equipment Gross	63.3M	111.1M	123.2M	224.4M	258.1M	271.0M
Total Current Assets	607.1M	1.2B	1.3B	1.5B	1.8B	1.8B
Accumulated Other Comprehensive Income	(957K)	(1.4M)	(3.2M)	(2.1M)	(1.9M)	(1.8M)
Short Term Debt	19.6M	41.9M	45.9M	24.0M	27.6M	17.3M
Intangible Assets	106.0M	446.7M	277.2M	72.9M	83.9M	94.3M
Other Assets	2.1M	60.2M	6.9M	7.4M	8.5M	13.9M
Capital Surpluse	433.9M	453.1M	1.3B	1.3B	1.5B	1.6B
Property Plant Equipment	45.2M	63.3M	20.1M	23.7M	21.3M	29.5M
Other Liab	454K	2.9M	16.0M	6.8M	7.8M	4.8M
Net Tangible Assets	77.1M	117.4M	(515.7M)	(440.4M)	(396.4M)	(376.6M)
Non Current Liabilities Other	2.7M	69.1M	68.1M	1.7M	1.9M	1.8M
Net Invested Capital	381.6M	1.6B	1.5B	1.2B	1.4B	807.2M
Net Working Capital	84.9M	148.7M	201.2M	120.9M	139.0M	117.6M
Capital Lease Obligations	42.1M	85.6M	87.5M	70.1M	80.6M	67.7M

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When determining whether Magnite offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnite'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 Magnite Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnite Stock:

How To Invest In Magnite

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Is Magnite Stock a good investment?

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What is Magnite's Net Worth?

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Largest Advertising Companies

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.

You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

Is Advertising 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 Magnite. If investors know Magnite 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 Magnite 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

(0.93)

Earnings Share

0.13

Revenue Per Share

4.728

Quarterly Revenue Growth

0.079

Return On Assets

0.0111

The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite'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 Magnite's market value can be influenced by many factors that don't directly affect Magnite'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 Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite'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.

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Magnite Payables Turnover vs Days Sales Outstanding Analysis

Payables Turnover vs Days Sales Outstanding

Payables Turnover vs Days Sales Outstanding Correlation Analysis

Correlation Coefficient

Payables Turnover

Days Sales Outstanding

Magnite fundamental ratios Correlations

Magnite Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Magnite fundamental ratios Accounts

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Accounts Payable	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Total Current Liabilities
Total Current Assets	+ 1.0	Total Current Liabilities
Net Receivables	+ 1.0	Accounts Payable

Other Stockholder Equity	- 0.94	Retained Earnings
Common Stock Shares Outstanding	- 0.93	Retained Earnings
Retained Earnings	- 0.93	Property Plant And Equipment Net
Total Current Assets	- 0.91	Retained Earnings
Other Current Assets	- 0.91	Retained Earnings
Net Receivables	- 0.91	Retained Earnings