Primo Days Sales Outstanding vs Dividend Yield Analysis

PRMW Stock  USD 24.21  0.47  1.90%   
Primo Water financial indicator trend analysis is much more than just breaking down Primo Water Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Primo Water Corp is a good investment. Please check the relationship between Primo Water Days Sales Outstanding and its Dividend Yield accounts. Check out Your Equity Center to better understand how to build diversified portfolios. 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.

Days Sales Outstanding vs Dividend Yield

Days Sales Outstanding vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Primo Water Corp Days Sales Outstanding account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Primo Water's Days Sales Outstanding and Dividend Yield is -0.29. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Primo Water Corp, assuming nothing else is changed. The correlation between historical values of Primo Water's Days Sales Outstanding and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Sales Outstanding of Primo Water Corp are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Days Sales Outstanding i.e., Primo Water's Days Sales Outstanding and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.29
Relationship DirectionNegative 
Relationship StrengthInsignificant

Days Sales Outstanding

Dividend Yield

Dividend Yield is Primo Water Corp dividend as a percentage of Primo Water stock price. Primo Water Corp dividend yield is a measure of Primo Water stock productivity, which can be interpreted as interest rate earned on an Primo Water investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Primo Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Primo Water Corp 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. 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.
At this time, Primo Water's Discontinued Operations is fairly stable compared to the past year. Tax Provision is likely to climb to about 40.7 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.19 in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense68.8M69.8M71.4M53.8M
Depreciation And Amortization217.2M174.8M193.3M105.5M

Primo Water fundamental ratios Correlations

0.960.570.920.660.870.91-0.110.460.120.990.320.120.630.880.970.080.25-0.130.970.570.710.80.960.620.67
0.960.580.960.490.830.99-0.220.550.00.940.370.00.70.730.990.20.15-0.131.00.510.710.860.910.480.55
0.570.580.540.570.50.55-0.60.090.380.560.450.380.140.550.57-0.080.64-0.020.570.760.420.50.580.550.66
0.920.960.540.460.780.97-0.230.62-0.080.90.42-0.080.730.710.940.260.11-0.130.970.420.710.880.850.440.5
0.660.490.570.460.610.410.060.040.680.680.210.680.210.830.52-0.40.64-0.060.510.820.340.350.670.930.92
0.870.830.50.780.610.80.010.550.050.88-0.10.050.660.790.830.30.27-0.010.830.610.560.770.920.50.54
0.910.990.550.970.410.8-0.290.59-0.110.910.35-0.110.720.650.970.250.09-0.130.980.430.640.890.890.410.48
-0.11-0.22-0.6-0.230.060.01-0.290.170.21-0.15-0.330.210.220.01-0.170.19-0.220.11-0.19-0.050.16-0.41-0.15-0.12-0.23
0.460.550.090.620.040.550.590.17-0.170.39-0.01-0.170.960.230.540.79-0.330.020.570.210.630.430.44-0.06-0.04
0.120.00.38-0.080.680.05-0.110.21-0.170.090.281.0-0.10.290.05-0.430.630.010.020.740.26-0.280.060.650.57
0.990.940.560.90.680.880.91-0.150.390.090.260.090.570.890.950.00.27-0.150.950.550.60.830.980.650.71
0.320.370.450.420.21-0.10.35-0.33-0.010.280.260.280.080.210.37-0.260.13-0.10.390.190.490.170.110.30.3
0.120.00.38-0.080.680.05-0.110.21-0.171.00.090.28-0.10.290.05-0.430.630.010.020.740.26-0.280.060.650.57
0.630.70.140.730.210.660.720.220.96-0.10.570.08-0.10.40.690.67-0.270.060.710.30.70.510.60.070.1
0.880.730.550.710.830.790.650.010.230.290.890.210.290.40.75-0.120.41-0.040.750.610.580.580.860.730.77
0.970.990.570.940.520.830.97-0.170.540.050.950.370.050.690.750.190.16-0.131.00.530.750.810.920.50.56
0.080.2-0.080.26-0.40.30.250.190.79-0.430.0-0.26-0.430.67-0.120.19-0.40.170.21-0.10.430.170.08-0.55-0.5
0.250.150.640.110.640.270.09-0.22-0.330.630.270.130.63-0.270.410.16-0.40.010.150.680.090.140.260.630.63
-0.13-0.13-0.02-0.13-0.06-0.01-0.130.110.020.01-0.15-0.10.010.06-0.04-0.130.170.01-0.130.00.06-0.17-0.11-0.31-0.35
0.971.00.570.970.510.830.98-0.190.570.020.950.390.020.710.751.00.210.15-0.130.510.740.840.910.490.55
0.570.510.760.420.820.610.43-0.050.210.740.550.190.740.30.610.53-0.10.680.00.510.460.310.60.730.75
0.710.710.420.710.340.560.640.160.630.260.60.490.260.70.580.750.430.090.060.740.460.380.540.250.25
0.80.860.50.880.350.770.89-0.410.43-0.280.830.17-0.280.510.580.810.170.14-0.170.840.310.380.830.370.46
0.960.910.580.850.670.920.89-0.150.440.060.980.110.060.60.860.920.080.26-0.110.910.60.540.830.610.69
0.620.480.550.440.930.50.41-0.12-0.060.650.650.30.650.070.730.5-0.550.63-0.310.490.730.250.370.610.97
0.670.550.660.50.920.540.48-0.23-0.040.570.710.30.570.10.770.56-0.50.63-0.350.550.750.250.460.690.97
Click cells to compare fundamentals

Primo Water Account Relationship Matchups

Primo Water fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.4B3.6B3.7B3.7B3.5B1.8B
Short Long Term Debt Total1.6B1.7B1.7B1.7B1.4B847.1M
Other Current Liab18.3M252.5M256.3M339.3M292M306.6M
Total Current Liabilities607.6M548.8M709.8M690.6M426.1M382.4M
Total Stockholder Equity1.2B1.3B1.3B1.3B1.4B1.5B
Property Plant And Equipment Net850.9M866.2M895.5M913M692.5M488.2M
Net Debt1.4B1.5B1.6B1.6B926.7M764.5M
Retained Earnings265M81.1M16.4M(9.4M)167.2M84.2M
Accounts Payable200.4M135.2M181.4M108M94.3M152.1M
Cash205.5M115.1M128.4M122.6M507.9M533.3M
Non Current Assets Total2.7B3.2B3.2B3.1B2.7B1.4B
Non Currrent Assets Other20.6M24.1M26.9M28.3M245.8M258.1M
Cash And Short Term Investments205.5M115.1M128.4M122.6M507.9M533.3M
Net Receivables279.3M222.3M241.1M156.6M146.4M197.9M
Common Stock Shares Outstanding135.2M155.4M160.8M161.9M160.6M99.0M
Liabilities And Stockholders Equity3.4B3.6B3.7B3.7B3.5B1.8B
Non Current Liabilities Total1.4B1.6B1.7B1.7B1.7B842.6M
Inventory122.5M83.8M94.6M112.1M47.3M44.9M
Other Current Assets35M42.6M45.7M237.3M164.3M172.5M
Other Stockholder Equity77.4M84.5M85.9M91.3M90.6M107.7M
Total Liab2.2B2.3B2.4B2.4B2.1B1.2B
Property Plant And Equipment Gross647M866.2M895.5M913M1.3B1.3B
Total Current Assets642.3M442.5M509.8M538M865.9M470.8M
Accumulated Other Comprehensive Income(68.5M)(86.7M)(69.1M)(82.2M)(105.1M)(99.8M)
Short Term Debt141.5M161.1M272.1M243.3M39.8M37.8M
Intangible Assets701.4M987.6M969.8M894.7M714.2M438.1M
Common Stock892.3M1.3B1.3B1.3B1.3B1.4B
Good Will1.2B1.3B1.3B1.3B1.0B726.0M
Other Liab202.8M215.9M223.7M235.2M270.5M284.0M
Current Deferred Revenue247.4M237M235.6M244.5M57.1M54.3M
Other Assets225M24.1M26.9M28.3M1.00.95
Long Term Debt1.2B1.3B1.3B1.3B1.2B813.5M
Property Plant Equipment743.8M866.2M895.5M913M1.0B1.1B
Net Tangible Assets(478.3M)(925M)(971.1M)(904.8M)(814.3M)(855.0M)

Also Currently Popular

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.

Additional Tools for Primo Stock Analysis

When running Primo Water's price analysis, check to measure Primo Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Primo Water is operating at the current time. Most of Primo Water's value examination focuses on studying past and present price action to predict the probability of Primo Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primo Water's price. Additionally, you may evaluate how the addition of Primo Water to your portfolios can decrease your overall portfolio volatility.