Primo Payout Ratio vs Days Of Inventory On Hand Analysis

PRMB Stock   31.74  1.06  3.46%   
Primo Brands financial indicator trend analysis is much more than just breaking down Primo Brands prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primo Brands is a good investment. Please check the relationship between Primo Brands Payout Ratio and its Days Of Inventory On Hand accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primo Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Primo Stock refer to our How to Trade Primo Stock guide.

Payout Ratio vs Days Of Inventory On Hand

Payout Ratio vs Days Of Inventory On Hand Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primo Brands Payout Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have no relationship.
The correlation between Primo Brands' Payout Ratio and Days Of Inventory On Hand is 0.03. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Primo Brands, assuming nothing else is changed. The correlation between historical values of Primo Brands' Payout Ratio and Days Of Inventory On Hand 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 Primo Brands are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Payout Ratio i.e., Primo Brands' Payout Ratio and Days Of Inventory On Hand go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Payout Ratio

Payout Ratio is the proportion of Primo Brands 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 Primo Brands dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Primo Brands is paying out more in dividends than it makes in net income.

Days Of Inventory On Hand

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Primo Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primo Brands' 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 Primo Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primo Brands Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primo Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Primo Stock refer to our How to Trade Primo Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Candy and Soda 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 Primo Brands. If investors know Primo 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 Primo Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Primo Brands is measured differently than its book value, which is the value of Primo that is recorded on the company's balance sheet. Investors also form their own opinion of Primo Brands' value that differs from its market value or its book value, called intrinsic value, which is Primo Brands' 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 Primo Brands' market value can be influenced by many factors that don't directly affect Primo Brands' 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 Primo Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primo Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primo Brands' 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.