Big Price to Sales Ratio vs Accounts Payable Analysis

BIG Stock

USD 3.41 0.02 0.58%

Big Lots financial indicator trend analysis is way more than just evaluating Big Lots prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Big Lots is a good investment. Please check the relationship between Big Lots Price To Sales Ratio and its Accounts Payable accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Lots. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.

Price To Sales Ratio vs Accounts Payable

Price to Sales Ratio vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Big Lots Price to Sales Ratio account and Accounts Payable. At this time, the significance of the direction appears to have pay attention.

The correlation between Big Lots' Price to Sales Ratio and Accounts Payable is -0.85. Overlapping area represents the amount of variation of Price to Sales Ratio that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Big Lots, assuming nothing else is changed. The correlation between historical values of Big Lots' Price to Sales Ratio and Accounts Payable 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 Big Lots are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Price to Sales Ratio i.e., Big Lots' Price to Sales Ratio and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Price To Sales Ratio

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

Accounts Payable

An accounting item on the balance sheet that represents Big Lots obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Big Lots are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most indicators from Big Lots' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Big Lots 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Lots. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.At this time, Big Lots' Sales General And Administrative To Revenue is most likely to increase slightly in the upcoming years. The Big Lots' current Enterprise Value Over EBITDA is estimated to increase to 7.36, while Selling General Administrative is projected to decrease to roughly 1.2 B.

	2021	2022	2023	2024 (projected)
Gross Profit	2.4B	1.9B	1.6B	1.6B
Total Revenue	6.2B	5.5B	4.7B	4.1B

Gross Profit Total Revenue

Big Lots 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	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	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	Accounts Payable	Common Stock Total Equity	Common Stock	Other Liab
Total Assets		0.76	0.24	0.94	0.55	0.87	0.71	0.86	0.47	0.88	0.49	0.47	-0.34	-0.71	0.77	0.76	0.59	-0.8	0.83	0.69	0.82	0.73	0.67	0.53	0.55	0.79
Short Long Term Debt Total	0.76		0.09	0.58	-0.03	0.97	0.99	0.7	0.27	0.97	0.16	0.27	-0.52	-0.86	1.0	0.41	0.32	-0.8	0.98	0.98	0.44	0.87	0.25	0.33	0.35	0.46
Other Current Liab	0.24	0.09		0.4	0.07	0.11	0.12	0.46	-0.23	0.11	-0.06	-0.23	-0.26	-0.47	0.11	0.53	0.67	-0.53	0.18	0.11	0.35	0.27	0.52	0.43	0.46	0.46
Total Current Liabilities	0.94	0.58	0.4		0.67	0.74	0.54	0.9	0.39	0.75	0.57	0.39	-0.26	-0.64	0.61	0.89	0.74	-0.8	0.71	0.54	0.9	0.62	0.87	0.68	0.69	0.86
Total Stockholder Equity	0.55	-0.03	0.07	0.67		0.21	-0.12	0.52	0.57	0.22	0.65	0.57	0.23	-0.01	0.0	0.63	0.49	-0.23	0.13	-0.09	0.78	0.08	0.72	0.41	0.4	0.58
Property Plant And Equipment Net	0.87	0.97	0.11	0.74	0.21		0.94	0.8	0.38	1.0	0.3	0.38	-0.47	-0.84	0.97	0.55	0.44	-0.83	0.99	0.93	0.6	0.87	0.43	0.41	0.43	0.57
Net Debt	0.71	0.99	0.12	0.54	-0.12	0.94		0.66	0.13	0.94	0.1	0.13	-0.51	-0.86	0.99	0.4	0.32	-0.79	0.96	0.97	0.37	0.85	0.23	0.32	0.34	0.41
Retained Earnings	0.86	0.7	0.46	0.9	0.52	0.8	0.66		0.38	0.81	0.6	0.38	-0.36	-0.83	0.73	0.88	0.83	-0.95	0.82	0.68	0.89	0.75	0.8	0.75	0.77	0.83
Cash	0.47	0.27	-0.23	0.39	0.57	0.38	0.13	0.38		0.38	0.47	1.0	-0.12	-0.16	0.29	0.14	0.05	-0.21	0.32	0.25	0.53	0.27	0.15	0.14	0.14	0.43
Non Current Assets Total	0.88	0.97	0.11	0.75	0.22	1.0	0.94	0.81	0.38		0.31	0.38	-0.47	-0.84	0.97	0.56	0.45	-0.84	0.99	0.93	0.62	0.87	0.44	0.42	0.44	0.58
Non Currrent Assets Other	0.49	0.16	-0.06	0.57	0.65	0.3	0.1	0.6	0.47	0.31		0.47	-0.01	-0.28	0.2	0.6	0.56	-0.45	0.29	0.16	0.71	0.17	0.55	0.64	0.64	0.56
Cash And Short Term Investments	0.47	0.27	-0.23	0.39	0.57	0.38	0.13	0.38	1.0	0.38	0.47		-0.12	-0.16	0.29	0.14	0.05	-0.21	0.32	0.25	0.53	0.27	0.15	0.14	0.14	0.43
Net Receivables	-0.34	-0.52	-0.26	-0.26	0.23	-0.47	-0.51	-0.36	-0.12	-0.47	-0.01	-0.12		0.68	-0.5	-0.03	-0.25	0.51	-0.48	-0.45	-0.03	-0.55	-0.03	0.1	0.05	-0.03
Common Stock Shares Outstanding	-0.71	-0.86	-0.47	-0.64	-0.01	-0.84	-0.86	-0.83	-0.16	-0.84	-0.28	-0.16	0.68		-0.88	-0.56	-0.62	0.94	-0.89	-0.84	-0.52	-0.87	-0.42	-0.47	-0.51	-0.54
Non Current Liabilities Total	0.77	1.0	0.11	0.61	0.0	0.97	0.99	0.73	0.29	0.97	0.2	0.29	-0.5	-0.88		0.46	0.37	-0.82	0.99	0.98	0.49	0.87	0.29	0.38	0.41	0.5
Inventory	0.76	0.41	0.53	0.89	0.63	0.55	0.4	0.88	0.14	0.56	0.6	0.14	-0.03	-0.56	0.46		0.86	-0.79	0.57	0.4	0.91	0.46	0.94	0.84	0.84	0.87
Other Current Assets	0.59	0.32	0.67	0.74	0.49	0.44	0.32	0.83	0.05	0.45	0.56	0.05	-0.25	-0.62	0.37	0.86		-0.78	0.47	0.32	0.76	0.41	0.86	0.71	0.74	0.68
Other Stockholder Equity	-0.8	-0.8	-0.53	-0.8	-0.23	-0.83	-0.79	-0.95	-0.21	-0.84	-0.45	-0.21	0.51	0.94	-0.82	-0.79	-0.78		-0.88	-0.79	-0.74	-0.83	-0.66	-0.7	-0.73	-0.75
Total Liab	0.83	0.98	0.18	0.71	0.13	0.99	0.96	0.82	0.32	0.99	0.29	0.32	-0.48	-0.89	0.99	0.57	0.47	-0.88		0.96	0.6	0.88	0.43	0.48	0.5	0.6
Property Plant And Equipment Gross	0.69	0.98	0.11	0.54	-0.09	0.93	0.97	0.68	0.25	0.93	0.16	0.25	-0.45	-0.84	0.98	0.4	0.32	-0.79	0.96		0.43	0.85	0.23	0.42	0.44	0.48
Total Current Assets	0.82	0.44	0.35	0.9	0.78	0.6	0.37	0.89	0.53	0.62	0.71	0.53	-0.03	-0.52	0.49	0.91	0.76	-0.74	0.6	0.43		0.48	0.87	0.78	0.79	0.92
Short Term Debt	0.73	0.87	0.27	0.62	0.08	0.87	0.85	0.75	0.27	0.87	0.17	0.27	-0.55	-0.87	0.87	0.46	0.41	-0.83	0.88	0.85	0.48		0.33	0.38	0.41	0.5
Accounts Payable	0.67	0.25	0.52	0.87	0.72	0.43	0.23	0.8	0.15	0.44	0.55	0.15	-0.03	-0.42	0.29	0.94	0.86	-0.66	0.43	0.23	0.87	0.33		0.71	0.72	0.76
Common Stock Total Equity	0.53	0.33	0.43	0.68	0.41	0.41	0.32	0.75	0.14	0.42	0.64	0.14	0.1	-0.47	0.38	0.84	0.71	-0.7	0.48	0.42	0.78	0.38	0.71		1.0	0.85
Common Stock	0.55	0.35	0.46	0.69	0.4	0.43	0.34	0.77	0.14	0.44	0.64	0.14	0.05	-0.51	0.41	0.84	0.74	-0.73	0.5	0.44	0.79	0.41	0.72	1.0		0.86
Other Liab	0.79	0.46	0.46	0.86	0.58	0.57	0.41	0.83	0.43	0.58	0.56	0.43	-0.03	-0.54	0.5	0.87	0.68	-0.75	0.6	0.48	0.92	0.5	0.76	0.85	0.86

Click cells to compare fundamentals

Big Lots Account Relationship Matchups

Big Lots fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.2B	4.0B	3.9B	3.7B	3.3B	1.8B
Short Long Term Debt Total	1.5B	1.7B	1.8B	2.1B	2.3B	2.4B
Other Current Liab	82.1M	109.7M	294.8M	245.9M	259.1M	150.5M
Total Current Liabilities	870.8M	1.0B	1.1B	919.9M	831.0M	517.0M
Total Stockholder Equity	845.5M	1.3B	1.0B	763.9M	284.5M	270.3M
Property Plant And Equipment Net	2.1B	2.4B	2.5B	2.3B	2.2B	2.3B
Net Debt	1.5B	1.2B	1.8B	2.0B	2.2B	2.3B
Retained Earnings	2.8B	3.4B	3.5B	3.2B	2.8B	2.9B
Cash	52.7M	559.6M	53.7M	44.7M	46.4M	83.4M
Non Current Assets Total	2.1B	2.5B	2.5B	2.4B	2.2B	2.4B
Non Currrent Assets Other	69.2M	68.9M	37.5M	38.4M	37.8M	39.7M
Cash And Short Term Investments	52.7M	559.6M	53.7M	44.7M	46.4M	83.4M
Common Stock Shares Outstanding	39.4M	39.1M	33.4M	28.9M	29.2M	27.7M
Liabilities And Stockholders Equity	3.2B	4.0B	3.9B	3.7B	3.3B	1.8B
Non Current Liabilities Total	1.5B	1.8B	1.8B	2.0B	2.2B	2.3B
Inventory	921.3M	940.3M	1.2B	1.1B	953.3M	773.3M
Other Current Assets	90.0M	85.9M	119.4M	92.6M	86.3M	84.6M
Other Stockholder Equity	(1.9B)	(2.1B)	(2.5B)	(2.5B)	(2.5B)	(2.3B)
Total Liab	2.3B	2.8B	2.9B	2.9B	3.0B	3.2B
Property Plant And Equipment Gross	2.1B	2.4B	2.5B	2.3B	3.6B	3.7B
Total Current Assets	1.1B	1.6B	1.4B	1.3B	1.1B	970.1M
Accumulated Other Comprehensive Income	(1.4B)	(1.4B)	(1.4B)	(1.2B)	(1.1B)	(1.0B)
Short Term Debt	212.1M	226.1M	242.3M	252.3M	249.3M	261.8M
Accounts Payable	378.2M	398.4M	587.5M	421.7M	320.7M	296.4M
Other Liab	170.5M	153.7M	257.7M	222.1M	255.4M	149.2M
Other Assets	73.9M	85.2M	48.5M	94.8M	109.0M	61.1M
Long Term Debt	279.5M	35.8M	3.5M	301.4M	406.3M	426.6M
Property Plant Equipment	849.1M	2.4B	2.5B	691.1M	794.8M	812.4M
Current Deferred Revenue	8.6M	198.3M	266.4M	1.9M	1.7M	1.6M
Treasury Stock	(2.5B)	(2.5B)	(2.7B)	(3.1B)	(2.8B)	(2.7B)
Net Tangible Assets	1.9B	1.3B	1.0B	2.3B	2.6B	2.8B
Retained Earnings Total Equity	2.8B	3.4B	3.5B	3.2B	3.7B	2.5B
Capital Surpluse	620.7M	634.8M	640.5M	627.7M	721.9M	656.9M
Deferred Long Term Liab	60.7M	48.6M	7.8M	21.4M	19.3M	37.1M
Non Current Liabilities Other	109.5M	181.2M	138.1M	191.8M	123.8M	137.6M
Long Term Debt Total	279.5M	35.8M	3.5M	301.4M	346.6M	363.9M

Pair Trading with Big Lots

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 Big Lots 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 Big Lots will appreciate offsetting losses from the drop in the long position's value.

Moving together with Big Stock

0.7

Boqii Holding Limited

Pair Corr

Moving against Big Stock

0.72	JD	JD Inc Adr Aggressive Push	Pair Corr
0.7	EBAY	eBay Inc Earnings Call This Week	Pair Corr
0.69	DRVN	Driven Brands Holdings Earnings Call This Week	Pair Corr
0.63	EDUC	Educational Development Report 9th of May 2024	Pair Corr
0.62	AN	AutoNation Earnings Call Tomorrow	Pair Corr

The ability to find closely correlated positions to Big Lots could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Big Lots 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 Big Lots - 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 Big Lots to buy it.

The correlation of Big Lots 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 Big Lots moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big Lots 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 Big Lots 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 Big Lots is a strong investment it is important to analyze Big Lots' 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 Big Lots' future performance. For an informed investment choice regarding Big Stock, refer to the following important reports:

How To Invest In Big

Details

Is Big Stock a good investment?

Details

What is Big Lots' Net Worth?

Details

Largest Consumer Discretionary Distribution & Retail Companies

View

Largest Consumer Discretionary Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Lots. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Big Stock analysis

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

	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
	Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.

Is Big Lots' 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 Big Lots. If investors know Big 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 Big Lots 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

(0.37)

Earnings Share

(16.53)

Revenue Per Share

161.965

Quarterly Revenue Growth

(0.07)

Return On Assets

(0.08)

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Big Price to Sales Ratio vs Accounts Payable Analysis

Price To Sales Ratio vs Accounts Payable

Price to Sales Ratio vs Accounts Payable Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Accounts Payable

Big Lots fundamental ratios Correlations

Big Lots Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Big Lots fundamental ratios Accounts

Pair Trading with Big Lots

Moving together with Big Stock

Moving against Big Stock

Complementary Tools for Big Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Net Debt	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Property Plant And Equipment Net

Other Stockholder Equity	- 0.95	Retained Earnings
Total Liab	- 0.89	Common Stock Shares Outstanding
Total Liab	- 0.88	Other Stockholder Equity
Non Current Liabilities Total	- 0.88	Common Stock Shares Outstanding
Short Term Debt	- 0.87	Common Stock Shares Outstanding
Common Stock Shares Outstanding	- 0.86	Net Debt