Olaplex Inventory Turnover vs Payout Ratio Analysis

OLPX Stock  USD 2.09  0.03  1.46%   
Olaplex Holdings financial indicator trend analysis is much more than just breaking down Olaplex Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Olaplex Holdings is a good investment. Please check the relationship between Olaplex Holdings Inventory Turnover and its Payout Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olaplex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Olaplex Stock please use our How to Invest in Olaplex Holdings guide.

Inventory Turnover vs Payout Ratio

Inventory Turnover vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Olaplex Holdings Inventory Turnover account and Payout Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Olaplex Holdings' Inventory Turnover and Payout Ratio is -0.17. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Olaplex Holdings, assuming nothing else is changed. The correlation between historical values of Olaplex Holdings' Inventory Turnover and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Olaplex Holdings are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Inventory Turnover i.e., Olaplex Holdings' Inventory Turnover and Payout Ratio go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Payout Ratio

Payout Ratio is the proportion of Olaplex Holdings 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 Olaplex Holdings dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Olaplex Holdings is paying out more in dividends than it makes in net income.
Most indicators from Olaplex Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Olaplex Holdings 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Olaplex Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Olaplex Stock please use our How to Invest in Olaplex Holdings guide.Tax Provision is likely to rise to about 31.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 82.8 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit473.8M519.6M318.6M353.9M
Total Revenue598.4M704.3M458.3M482.1M

Olaplex Holdings fundamental ratios Correlations

0.80.980.99-0.90.890.610.810.870.830.99-0.30.830.930.640.990.910.940.930.991.00.890.860.99-0.990.87
0.80.730.86-0.470.960.240.310.420.910.690.230.910.920.710.740.920.90.550.740.770.980.990.69-0.730.93
0.980.730.94-0.90.870.750.840.920.780.97-0.250.780.930.580.990.890.950.90.990.970.840.810.97-0.980.84
0.990.860.94-0.850.910.480.740.790.870.96-0.260.870.930.680.960.910.930.90.960.990.930.90.96-0.970.89
-0.9-0.47-0.9-0.85-0.62-0.69-0.98-0.96-0.55-0.960.64-0.55-0.71-0.41-0.93-0.69-0.73-0.99-0.93-0.92-0.61-0.56-0.960.94-0.6
0.890.960.870.91-0.620.490.50.620.890.810.150.890.990.680.860.980.970.660.860.860.980.980.81-0.840.95
0.610.240.750.48-0.690.490.760.850.270.66-0.20.270.590.090.690.550.620.580.690.590.380.320.66-0.630.39
0.810.310.840.74-0.980.50.760.970.40.89-0.70.40.610.280.860.590.630.940.860.840.470.410.9-0.860.46
0.870.420.920.79-0.960.620.850.970.530.93-0.510.530.720.40.920.690.750.920.920.880.580.520.93-0.910.6
0.830.910.780.87-0.550.890.270.40.530.750.141.00.880.890.790.850.880.640.790.810.920.920.75-0.80.99
0.990.690.970.96-0.960.810.660.890.930.75-0.430.750.870.580.990.850.890.970.990.990.80.761.0-1.00.79
-0.30.23-0.25-0.260.640.15-0.2-0.7-0.510.14-0.430.140.050.12-0.320.050.03-0.62-0.32-0.360.110.15-0.430.370.15
0.830.910.780.87-0.550.890.270.40.531.00.750.140.880.890.790.850.880.640.790.810.920.920.75-0.80.99
0.930.920.930.93-0.710.990.590.610.720.880.870.050.880.670.920.990.990.740.920.910.960.950.87-0.890.94
0.640.710.580.68-0.410.680.090.280.40.890.580.120.890.670.60.690.640.520.60.630.690.690.58-0.650.85
0.990.740.990.96-0.930.860.690.860.920.790.99-0.320.790.920.60.890.930.941.00.990.850.810.99-0.990.84
0.910.920.890.91-0.690.980.550.590.690.850.850.050.850.990.690.890.950.720.890.890.940.930.85-0.870.92
0.940.90.950.93-0.730.970.620.630.750.880.890.030.880.990.640.930.950.760.930.920.960.940.88-0.910.94
0.930.550.90.9-0.990.660.580.940.920.640.97-0.620.640.740.520.940.720.760.940.950.680.630.97-0.960.67
0.990.740.990.96-0.930.860.690.860.920.790.99-0.320.790.920.61.00.890.930.940.990.850.810.99-0.990.84
1.00.770.970.99-0.920.860.590.840.880.810.99-0.360.810.910.630.990.890.920.950.990.870.830.99-1.00.85
0.890.980.840.93-0.610.980.380.470.580.920.80.110.920.960.690.850.940.960.680.850.871.00.8-0.840.95
0.860.990.810.9-0.560.980.320.410.520.920.760.150.920.950.690.810.930.940.630.810.831.00.76-0.80.95
0.990.690.970.96-0.960.810.660.90.930.751.0-0.430.750.870.580.990.850.880.970.990.990.80.76-1.00.79
-0.99-0.73-0.98-0.970.94-0.84-0.63-0.86-0.91-0.8-1.00.37-0.8-0.89-0.65-0.99-0.87-0.91-0.96-0.99-1.0-0.84-0.8-1.0-0.84
0.870.930.840.89-0.60.950.390.460.60.990.790.150.990.940.850.840.920.940.670.840.850.950.950.79-0.84
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Olaplex Holdings Account Relationship Matchups

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