Rayonier Price To Sales Ratio vs Inventory Turnover Analysis
RYAM Stock | USD 7.57 0.17 2.20% |
Rayonier Advanced financial indicator trend analysis is much more than just breaking down Rayonier Advanced prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rayonier Advanced is a good investment. Please check the relationship between Rayonier Advanced Price To Sales Ratio and its Inventory Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rayonier Advanced Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Price To Sales Ratio vs Inventory Turnover
Price To Sales Ratio vs Inventory Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rayonier Advanced Price To Sales Ratio account and Inventory Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Rayonier Advanced's Price To Sales Ratio and Inventory Turnover is -0.2. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Rayonier Advanced Materials, assuming nothing else is changed. The correlation between historical values of Rayonier Advanced's Price To Sales Ratio and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Rayonier Advanced Materials are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Price To Sales Ratio i.e., Rayonier Advanced's Price To Sales Ratio and Inventory Turnover go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Rayonier Advanced stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Rayonier Advanced sales, a figure that is much harder to manipulate than other Rayonier Advanced Materials multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.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.Most indicators from Rayonier Advanced's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rayonier Advanced 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 Rayonier Advanced Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. As of the 29th of December 2024, Enterprise Value is likely to grow to about 1.6 B, while Selling General Administrative is likely to drop about 66.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 75M | 123M | 88.2M | 160.3M | Total Revenue | 1.4B | 1.7B | 1.6B | 1.5B |
Rayonier Advanced fundamental ratios Correlations
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Rayonier Advanced Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rayonier Advanced fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 54.5M | 63.2M | 63.6M | 63.9M | 65.1M | 58.4M | |
Total Assets | 2.5B | 2.5B | 2.4B | 2.3B | 2.2B | 2.1B | |
Other Current Liab | 267M | 105.3M | 127.1M | 136.3M | 131.2M | 167.1M | |
Total Current Liabilities | 286M | 293M | 355M | 354M | 375.8M | 257.1M | |
Total Stockholder Equity | 683M | 695M | 814M | 829M | 746.4M | 553.9M | |
Other Liab | 431.0M | 475M | 385M | 314.6M | 361.8M | 344.1M | |
Property Plant And Equipment Net | 1.3B | 1.3B | 1.1B | 1.2B | 1.1B | 1.2B | |
Retained Earnings | 422.4M | 422.9M | 489.3M | 474.4M | 372.6M | 380.8M | |
Accounts Payable | 153.2M | 156.7M | 169.5M | 164.0M | 186.2M | 132.6M | |
Non Current Assets Total | 1.9B | 1.9B | 1.7B | 1.7B | 1.6B | 1.6B | |
Non Currrent Assets Other | 590M | 621M | 523M | 160.4M | 152.5M | 144.8M | |
Other Assets | 522.4M | 621M | 523M | 1.0B | 1.0 | 0.95 | |
Cash And Short Term Investments | 64M | 94M | 253M | 152M | 75.8M | 124.9M | |
Net Receivables | 181.7M | 237.9M | 203.0M | 212.7M | 216.9M | 163.2M | |
Liabilities And Stockholders Equity | 2.5B | 2.5B | 2.4B | 2.3B | 2.2B | 2.1B | |
Non Current Liabilities Total | 1.5B | 1.5B | 1.3B | 1.2B | 1.1B | 1.2B | |
Inventory | 251.2M | 233.5M | 230.7M | 265.3M | 207.5M | 223.8M | |
Other Current Assets | 510M | 131.4M | 523M | 59.7M | 74.9M | 71.2M | |
Other Stockholder Equity | 399.2M | 405.2M | 408.5M | 418.0M | 419.1M | 440.1M | |
Total Liab | 1.8B | 1.8B | 1.6B | 1.5B | 1.4B | 1.6B | |
Property Plant And Equipment Gross | 1.3B | 1.3B | 2.8B | 2.9B | 2.9B | 1.6B | |
Total Current Assets | 574M | 634M | 776M | 690M | 575.1M | 572.2M | |
Accumulated Other Comprehensive Income | (139.2M) | (133.6M) | (84.5M) | (63.8M) | (45.9M) | (48.2M) | |
Intangible Assets | 45.5M | 38.4M | 31.4M | 24.4M | 17.4M | 25.2M | |
Property Plant Equipment | 1.3B | 1.3B | 1.1B | 1.2B | 1.3B | 1.2B | |
Short Long Term Debt Total | 1.1B | 1.1B | 929.0M | 853M | 796.6M | 781.6M | |
Net Tangible Assets | 637.3M | 656.6M | 814M | 829.3M | 953.7M | 532.6M | |
Current Deferred Revenue | (153.2M) | (156.7M) | 20.5M | 21.6M | 24.1M | 25.3M | |
Net Debt | 1.0B | 990M | 676M | 701M | 720.9M | 674.6M | |
Cash | 64M | 94M | 253M | 152M | 75.8M | 147.0M | |
Long Term Debt | 1.1B | 1.1B | 891M | 839M | 752.2M | 766.2M | |
Common Stock Total Equity | 632K | 633K | 637K | 640K | 736K | 591.6K | |
Retained Earnings Total Equity | 422.4M | 422.9M | 489.3M | 474.4M | 545.6M | 330.8M | |
Long Term Debt Total | 1.1B | 1.1B | 891.0M | 838.5M | 964.3M | 1.1B | |
Capital Surpluse | 399.0M | 405.2M | 408.8M | 418.0M | 480.8M | 341.9M | |
Deferred Long Term Liab | 24.8M | 24.5M | 20.5M | 17.0M | 19.6M | 18.0M | |
Short Long Term Debt | 19.4M | 17M | 38M | 14M | 25.3M | 18.1M | |
Non Current Liabilities Other | 423.7M | 450.5M | 225M | 166M | 31.1M | 29.6M | |
Short Term Debt | 19M | 21.9M | 38M | 19.4M | 29.8M | 19.5M | |
Common Stock | 632K | 633K | 637K | 640K | 654K | 604.3K |
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Is Specialty Chemicals 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 Rayonier Advanced. If investors know Rayonier 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 Rayonier Advanced 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 (0.70) | Earnings Share (1.35) | Revenue Per Share 24.85 | Quarterly Revenue Growth 0.088 | Return On Assets 0.0192 |
The market value of Rayonier Advanced is measured differently than its book value, which is the value of Rayonier that is recorded on the company's balance sheet. Investors also form their own opinion of Rayonier Advanced's value that differs from its market value or its book value, called intrinsic value, which is Rayonier Advanced'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 Rayonier Advanced's market value can be influenced by many factors that don't directly affect Rayonier Advanced'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 Rayonier Advanced's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rayonier Advanced is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rayonier Advanced'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.