SiteOne Price To Sales Ratio vs Days Of Inventory On Hand Analysis
SITE Stock | USD 135.63 2.65 1.99% |
SiteOne Landscape financial indicator trend analysis is much more than just breaking down SiteOne Landscape Supply prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SiteOne Landscape Supply is a good investment. Please check the relationship between SiteOne Landscape Price To Sales Ratio and its Days Of Inventory On Hand accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SiteOne Landscape Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Price To Sales Ratio vs Days Of Inventory On Hand
Price To Sales 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 SiteOne Landscape Supply Price To Sales Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have weak relationship.
The correlation between SiteOne Landscape's Price To Sales Ratio and Days Of Inventory On Hand is 0.36. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of SiteOne Landscape Supply, assuming nothing else is changed. The correlation between historical values of SiteOne Landscape's Price To Sales 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 Price To Sales Ratio of SiteOne Landscape Supply 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 Price To Sales Ratio i.e., SiteOne Landscape's Price To Sales Ratio and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing SiteOne Landscape Supply stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on SiteOne Landscape sales, a figure that is much harder to manipulate than other SiteOne Landscape Supply 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.Days Of Inventory On Hand
Most indicators from SiteOne Landscape's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SiteOne Landscape Supply 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SiteOne Landscape Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. The current year's Enterprise Value is expected to grow to about 8.5 B, whereas Selling General Administrative is forecasted to decline to about 745.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 19.2M | 20M | 27.1M | 22.0M | Depreciation And Amortization | 83M | 103.8M | 127.7M | 134.1M |
SiteOne Landscape fundamental ratios Correlations
Click cells to compare fundamentals
SiteOne Landscape Account Relationship Matchups
High Positive Relationship
High Negative Relationship
SiteOne Landscape fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 42.8M | 44.1M | 45.8M | 45.8M | 45.7M | 36.3M | |
Total Assets | 1.4B | 1.7B | 2.1B | 2.5B | 2.8B | 1.5B | |
Short Long Term Debt Total | 782.7M | 568M | 606.9M | 739.5M | 861.4M | 566.0M | |
Other Current Liab | 82.3M | 129.2M | 181.3M | 180.7M | 188.8M | 110.1M | |
Total Current Liabilities | 310.8M | 368.6M | 512.9M | 559.8M | 578.3M | 336.1M | |
Total Stockholder Equity | 393.2M | 795M | 1.1B | 1.3B | 1.5B | 1.6B | |
Property Plant And Equipment Net | 335.9M | 386.5M | 450M | 510.4M | 638.3M | 670.2M | |
Net Debt | 763.7M | 512.8M | 553.2M | 710.4M | 778.9M | 531.7M | |
Retained Earnings | 137.8M | 259.1M | 497.5M | 742.9M | 916.3M | 962.1M | |
Accounts Payable | 162.2M | 172.8M | 254.5M | 279.7M | 270.8M | 179.2M | |
Cash | 19M | 55.2M | 53.7M | 29.1M | 82.5M | 86.6M | |
Non Current Assets Total | 677.5M | 844.1M | 987.3M | 1.2B | 1.4B | 1.5B | |
Cash And Short Term Investments | 19M | 55.2M | 53.7M | 29.1M | 82.5M | 86.6M | |
Net Receivables | 290.4M | 299.6M | 397.1M | 466.4M | 490.6M | 300.6M | |
Good Will | 181.3M | 250.6M | 311.1M | 411.9M | 485.5M | 509.8M | |
Liabilities And Stockholders Equity | 1.4B | 1.7B | 2.1B | 2.5B | 2.8B | 1.5B | |
Non Current Liabilities Total | 739.3M | 532.1M | 545.5M | 671.2M | 764.5M | 609.6M | |
Inventory | 427.1M | 458.6M | 636.6M | 767.7M | 771.2M | 483.7M | |
Other Current Assets | 29.3M | 38.2M | 41.4M | 56.1M | 61M | 36.7M | |
Other Stockholder Equity | 261.5M | 541.8M | 562M | 551.8M | 565.1M | 593.4M | |
Total Liab | 1.1B | 900.7M | 1.1B | 1.2B | 1.3B | 945.6M | |
Property Plant And Equipment Gross | 339.4M | 386.5M | 450M | 510.4M | 882.5M | 926.6M | |
Total Current Assets | 765.8M | 851.6M | 1.1B | 1.3B | 1.4B | 855.1M | |
Accumulated Other Comprehensive Income | (6.5M) | (6.3M) | (2.2M) | 7.7M | 4.2M | 4.4M | |
Short Term Debt | 59.8M | 66.6M | 77.1M | 88.9M | 110.7M | 116.2M | |
Intangible Assets | 150.6M | 196.3M | 213.9M | 276M | 280.8M | 177.1M | |
Other Liab | 11.1M | 30.7M | 15.7M | 20.6M | 18.5M | 17.5M | |
Net Tangible Assets | 57.8M | 348.1M | 532.7M | 615M | 707.3M | 742.6M | |
Other Assets | 5.9M | 6.2M | 10.7M | 12.3M | 8M | 8.1M | |
Long Term Debt | 520.4M | 260.7M | 251.2M | 346.6M | 367.6M | 378.2M | |
Deferred Long Term Liab | 3.2M | 5.4M | 5.1M | 7.8M | 7.0M | 10.4M | |
Property Plant Equipment | 335.9M | 386.5M | 450M | 510.4M | 587.0M | 616.3M | |
Long Term Debt Total | 536.6M | 260.7M | 251.2M | 346.6M | 311.9M | 298.9M | |
Capital Surpluse | 261.5M | 541.8M | 562M | 577.1M | 663.7M | 377.4M | |
Retained Earnings Total Equity | 137.8M | 259.1M | 497.5M | 742.9M | 854.3M | 897.1M |
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.When determining whether SiteOne Landscape Supply is a strong investment it is important to analyze SiteOne Landscape's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SiteOne Landscape's future performance. For an informed investment choice regarding SiteOne Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SiteOne Landscape Supply. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Trading Companies & Distributors 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 SiteOne Landscape. If investors know SiteOne 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 SiteOne Landscape 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 (0.22) | Earnings Share 3.11 | Revenue Per Share 99.324 | Quarterly Revenue Growth 0.056 | Return On Assets 0.0452 |
The market value of SiteOne Landscape Supply is measured differently than its book value, which is the value of SiteOne that is recorded on the company's balance sheet. Investors also form their own opinion of SiteOne Landscape's value that differs from its market value or its book value, called intrinsic value, which is SiteOne Landscape'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 SiteOne Landscape's market value can be influenced by many factors that don't directly affect SiteOne Landscape'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 SiteOne Landscape's value and its price as these two are different measures arrived at by different means. Investors typically determine if SiteOne Landscape is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SiteOne Landscape'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.