DXP Price to Sales Ratio vs Quick Ratio Analysis

DXPE Stock

USD 51.91 0.35 0.68%

DXP Enterprises financial indicator trend analysis is much more than just examining DXP Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DXP Enterprises is a good investment. Please check the relationship between DXP Enterprises Price To Sales Ratio and its Quick Ratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DXP Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.

Price To Sales Ratio vs Quick Ratio

Price to Sales Ratio vs Quick Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DXP Enterprises Price to Sales Ratio account and Quick Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between DXP Enterprises' Price to Sales Ratio and Quick Ratio is -0.38. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Quick Ratio in the same time period over historical financial statements of DXP Enterprises, assuming nothing else is changed. The correlation between historical values of DXP Enterprises' Price to Sales Ratio and Quick 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 Price to Sales Ratio of DXP Enterprises are associated (or correlated) with its Quick Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Quick Ratio has no effect on the direction of Price to Sales Ratio i.e., DXP Enterprises' Price to Sales Ratio and Quick Ratio go up and down completely randomly.

Correlation Coefficient

-0.38

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing DXP Enterprises stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on DXP Enterprises sales, a figure that is much harder to manipulate than other DXP Enterprises 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.

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities.

Most indicators from DXP Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DXP Enterprises 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DXP Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.At present, DXP Enterprises' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Enterprise Value is forecasted to decline to about 464.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	21.1M	29.1M	53.1M	55.8M
Depreciation And Amortization	27.1M	30.3M	26.7M	15.0M

Interest Expense Depreciation And Amortization

DXP Enterprises fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock
Total Assets		0.96	0.79	0.91	0.92	0.86	0.91	0.94	0.65	0.75	0.97	0.6	0.75	0.97	0.76	0.65	0.97	0.52	0.76	0.44	0.98	0.89	0.98	0.25	0.41	0.76
Short Long Term Debt Total	0.96		0.77	0.88	0.79	0.81	0.95	0.89	0.54	0.78	0.93	0.62	0.78	0.93	0.8	0.47	1.0	0.37	0.77	0.26	0.99	0.9	0.95	0.29	0.39	0.81
Other Current Liab	0.79	0.77		0.84	0.65	0.52	0.71	0.76	0.45	0.64	0.72	0.62	0.64	0.81	0.68	0.43	0.78	0.37	0.77	0.13	0.82	0.71	0.82	0.05	0.22	0.69
Total Current Liabilities	0.91	0.88	0.84		0.78	0.68	0.92	0.8	0.74	0.51	0.92	0.5	0.51	0.92	0.61	0.59	0.87	0.59	0.66	0.35	0.93	0.72	0.87	0.47	0.61	0.61
Total Stockholder Equity	0.92	0.79	0.65	0.78		0.87	0.72	0.91	0.66	0.68	0.9	0.49	0.68	0.86	0.61	0.81	0.81	0.61	0.64	0.67	0.82	0.79	0.89	0.13	0.33	0.61
Property Plant And Equipment Net	0.86	0.81	0.52	0.68	0.87		0.74	0.81	0.48	0.69	0.87	0.46	0.69	0.75	0.57	0.64	0.81	0.5	0.55	0.56	0.8	0.85	0.8	0.27	0.28	0.57
Net Debt	0.91	0.95	0.71	0.92	0.72	0.74		0.77	0.66	0.54	0.93	0.46	0.54	0.91	0.65	0.49	0.93	0.47	0.68	0.28	0.96	0.75	0.85	0.47	0.6	0.66
Retained Earnings	0.94	0.89	0.76	0.8	0.91	0.81	0.77		0.5	0.82	0.86	0.69	0.82	0.94	0.83	0.55	0.9	0.42	0.81	0.3	0.9	0.92	0.97	0.07	0.14	0.83
Accounts Payable	0.65	0.54	0.45	0.74	0.66	0.48	0.66	0.5		0.12	0.71	0.12	0.12	0.66	0.17	0.79	0.53	0.86	0.31	0.63	0.6	0.3	0.56	0.42	0.76	0.17
Cash	0.75	0.78	0.64	0.51	0.68	0.69	0.54	0.82	0.12		0.63	0.74	1.0	0.68	0.84	0.27	0.8	0.05	0.7	0.13	0.74	0.92	0.83	-0.14	-0.15	0.84
Non Current Assets Total	0.97	0.93	0.72	0.92	0.9	0.87	0.93	0.86	0.71	0.63		0.49	0.63	0.91	0.63	0.69	0.93	0.55	0.66	0.54	0.95	0.8	0.9	0.4	0.57	0.64
Non Currrent Assets Other	0.6	0.62	0.62	0.5	0.49	0.46	0.46	0.69	0.12	0.74	0.49		0.74	0.54	0.54	0.05	0.63	0.15	0.41	-0.15	0.61	0.76	0.66	0.04	-0.03	0.54
Cash And Short Term Investments	0.75	0.78	0.64	0.51	0.68	0.69	0.54	0.82	0.12	1.0	0.63	0.74		0.68	0.84	0.27	0.8	0.05	0.7	0.13	0.74	0.92	0.83	-0.14	-0.15	0.84
Net Receivables	0.97	0.93	0.81	0.92	0.86	0.75	0.91	0.94	0.66	0.68	0.91	0.54	0.68		0.8	0.61	0.94	0.5	0.84	0.32	0.96	0.83	0.97	0.18	0.36	0.8
Common Stock Total Equity	0.76	0.8	0.68	0.61	0.61	0.57	0.65	0.83	0.17	0.84	0.63	0.54	0.84	0.8		0.24	0.82	-0.05	0.93	-0.03	0.79	0.84	0.83	-0.06	-0.13	1.0
Common Stock Shares Outstanding	0.65	0.47	0.43	0.59	0.81	0.64	0.49	0.55	0.79	0.27	0.69	0.05	0.27	0.61	0.24		0.48	0.74	0.4	0.88	0.52	0.38	0.57	0.1	0.45	0.24
Non Current Liabilities Total	0.97	1.0	0.78	0.87	0.81	0.81	0.93	0.9	0.53	0.8	0.93	0.63	0.8	0.94	0.82	0.48		0.37	0.79	0.26	0.99	0.91	0.96	0.23	0.35	0.82
Inventory	0.52	0.37	0.37	0.59	0.61	0.5	0.47	0.42	0.86	0.05	0.55	0.15	0.05	0.5	-0.05	0.74	0.37		0.09	0.62	0.44	0.25	0.46	0.3	0.61	-0.05
Other Current Assets	0.76	0.77	0.77	0.66	0.64	0.55	0.68	0.81	0.31	0.7	0.66	0.41	0.7	0.84	0.93	0.4	0.79	0.09		0.07	0.78	0.73	0.82	-0.12	-0.06	0.93
Other Stockholder Equity	0.44	0.26	0.13	0.35	0.67	0.56	0.28	0.3	0.63	0.13	0.54	-0.15	0.13	0.32	-0.03	0.88	0.26	0.62	0.07		0.29	0.19	0.32	0.17	0.49	-0.03
Total Liab	0.98	0.99	0.82	0.93	0.82	0.8	0.96	0.9	0.6	0.74	0.95	0.61	0.74	0.96	0.79	0.52	0.99	0.44	0.78	0.29		0.88	0.96	0.3	0.43	0.79
Property Plant And Equipment Gross	0.89	0.9	0.71	0.72	0.79	0.85	0.75	0.92	0.3	0.92	0.8	0.76	0.92	0.83	0.84	0.38	0.91	0.25	0.73	0.19	0.88		0.92	0.14	0.07	0.84
Total Current Assets	0.98	0.95	0.82	0.87	0.89	0.8	0.85	0.97	0.56	0.83	0.9	0.66	0.83	0.97	0.83	0.57	0.96	0.46	0.82	0.32	0.96	0.92		0.1	0.25	0.83
Short Term Debt	0.25	0.29	0.05	0.47	0.13	0.27	0.47	0.07	0.42	-0.14	0.4	0.04	-0.14	0.18	-0.06	0.1	0.23	0.3	-0.12	0.17	0.3	0.14	0.1		0.73	-0.06
Intangible Assets	0.41	0.39	0.22	0.61	0.33	0.28	0.6	0.14	0.76	-0.15	0.57	-0.03	-0.15	0.36	-0.13	0.45	0.35	0.61	-0.06	0.49	0.43	0.07	0.25	0.73		-0.13
Common Stock	0.76	0.81	0.69	0.61	0.61	0.57	0.66	0.83	0.17	0.84	0.64	0.54	0.84	0.8	1.0	0.24	0.82	-0.05	0.93	-0.03	0.79	0.84	0.83	-0.06	-0.13

Click cells to compare fundamentals

DXP Enterprises Account Relationship Matchups

DXP Enterprises fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	788.2M	851.9M	906.2M	1.0B	1.2B	1.2B
Short Long Term Debt Total	304.1M	374.3M	376.8M	471.8M	587.9M	617.3M
Other Current Liab	36.4M	41.5M	65.2M	59.1M	81.8M	85.9M
Total Current Liabilities	148.2M	144.1M	181.1M	212.9M	224.2M	235.4M
Total Stockholder Equity	343.8M	347.1M	358.6M	365.4M	380.9M	399.9M
Property Plant And Equipment Net	129.9M	112.1M	109.1M	103.4M	110.3M	115.9M
Net Debt	249.9M	257.0M	327.8M	425.8M	414.7M	435.4M
Retained Earnings	205.7M	176.6M	202.5M	250.5M	319.3M	335.2M
Accounts Payable	76.4M	75.7M	77.8M	100.8M	96.5M	57.2M
Cash	54.2M	117.4M	49.0M	46.0M	173.2M	181.9M
Non Current Assets Total	379.7M	445.3M	501.6M	521.2M	528.9M	555.3M
Non Currrent Assets Other	3.2M	4.8M	4.8M	(436K)	10.6M	11.2M
Cash And Short Term Investments	54.2M	117.4M	49.0M	46.0M	173.2M	181.9M
Net Receivables	220.6M	187.5M	245.1M	347.0M	353.5M	371.2M
Common Stock Shares Outstanding	18.4M	17.7M	19.8M	19.5M	17.7M	15.1M
Liabilities And Stockholders Equity	788.2M	851.9M	906.2M	1.0B	1.2B	1.2B
Non Current Liabilities Total	295.1M	359.9M	366.4M	459.0M	572.4M	601.0M
Inventory	129.4M	97.1M	100.9M	101.4M	103.8M	76.8M
Other Current Assets	4.2M	4.5M	9.5M	21.6M	18.0M	18.9M
Other Stockholder Equity	157.9M	192.1M	173.3M	146.2M	92.5M	77.6M
Total Liab	443.3M	504.0M	547.5M	671.9M	796.6M	836.4M
Property Plant And Equipment Gross	129.9M	112.1M	109.1M	103.4M	209.7M	220.2M
Total Current Assets	408.5M	406.6M	404.6M	516.1M	648.6M	681.0M
Accumulated Other Comprehensive Income	(20.0M)	(21.8M)	(17.3M)	(31.7M)	(31.2M)	(29.7M)
Short Term Debt	20.1M	19.2M	21.5M	22.5M	24.3M	15.0M
Intangible Assets	52.6M	80.1M	79.2M	79.6M	63.9M	52.6M
Other Assets	3.2M	60.0M	4.8M	4.5M	1.0	0.95
Long Term Debt	237.0M	235.4M	317.1M	409.2M	520.7M	546.7M
Property Plant Equipment	63.7M	112.1M	56.9M	46.0M	52.9M	40.5M
Current Deferred Revenue	15.3M	7.7M	16.5M	30.5M	21.7M	22.7M
Net Tangible Assets	97.2M	18.6M	18.5M	(48.0M)	(43.2M)	(41.0M)
Retained Earnings Total Equity	205.7M	176.6M	186.1M	250.5M	288.1M	171.5M
Long Term Debt Total	237.0M	235.4M	317.1M	409.2M	470.6M	293.0M
Capital Surpluse	156.2M	157.9M	192.1M	213.9M	246.0M	159.7M
Deferred Long Term Liab	8.6M	9.9M	1.8M	4.9M	4.4M	4.7M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards DXP Enterprises in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, DXP Enterprises' short interest history, or implied volatility extrapolated from DXP Enterprises options trading.

Pair Trading with DXP Enterprises

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DXP Enterprises position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DXP Enterprises will appreciate offsetting losses from the drop in the long position's value.

Moving together with DXP Stock

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0.74	AIT	Applied Industrial Earnings Call Today	Pair Corr

Moving against DXP Stock

0.94	AZ	A2Z Smart Technologies	Pair Corr
0.88	BA	Boeing Financial Report 24th of July 2024	Pair Corr
0.8	TITN	Titan Machinery Financial Report 23rd of May 2024	Pair Corr
0.64	AP	Ampco Pittsburgh	Pair Corr
0.63	MSM	MSC Industrial Direct Financial Report 4th of July 2024	Pair Corr

The ability to find closely correlated positions to DXP Enterprises could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DXP Enterprises when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DXP Enterprises - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DXP Enterprises to buy it.

The correlation of DXP Enterprises is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DXP Enterprises moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DXP Enterprises moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for DXP Enterprises can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether DXP Enterprises is a strong investment it is important to analyze DXP Enterprises' 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 DXP Enterprises' future performance. For an informed investment choice regarding DXP Stock, refer to the following important reports:

How To Invest In DXP

Details

Is DXP Stock a good investment?

Details

What is DXP Enterprises' Net Worth?

Details

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DXP Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.

You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for DXP Stock analysis

When running DXP Enterprises' price analysis, check to measure DXP Enterprises' 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 DXP Enterprises is operating at the current time. Most of DXP Enterprises' value examination focuses on studying past and present price action to predict the probability of DXP Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DXP Enterprises' price. Additionally, you may evaluate how the addition of DXP Enterprises to your portfolios can decrease your overall portfolio volatility.

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Is DXP Enterprises' industry 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 DXP Enterprises. If investors know DXP 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 DXP Enterprises 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

1.535

Earnings Share

3.89

Revenue Per Share

99.502

Quarterly Revenue Growth

0.002

Return On Assets

0.0786

The market value of DXP Enterprises is measured differently than its book value, which is the value of DXP that is recorded on the company's balance sheet. Investors also form their own opinion of DXP Enterprises' value that differs from its market value or its book value, called intrinsic value, which is DXP Enterprises' 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 DXP Enterprises' market value can be influenced by many factors that don't directly affect DXP Enterprises' 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 DXP Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if DXP Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXP Enterprises' 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.

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DXP Price to Sales Ratio vs Quick Ratio Analysis

Price To Sales Ratio vs Quick Ratio

Price to Sales Ratio vs Quick Ratio Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Quick Ratio

DXP Enterprises fundamental ratios Correlations

DXP Enterprises Account Relationship Matchups

High Positive Relationship

High Negative Relationship

DXP Enterprises fundamental ratios Accounts

Pair Trading with DXP Enterprises

Moving together with DXP Stock

Moving against DXP Stock

Complementary Tools for DXP Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Non Current Liabilities Total
Total Liab	+ 0.98	Total Assets

Intangible Assets	- 0.15	Cash And Short Term Investments
Other Stockholder Equity	- 0.15	Non Currrent Assets Other
Intangible Assets	- 0.15	Cash
Short Term Debt	- 0.14	Cash And Short Term Investments
Short Term Debt	- 0.14	Cash
Common Stock	- 0.13	Intangible Assets