International Price To Sales Ratio vs Days Payables Outstanding Analysis

IBM Stock  USD 169.21  0.09  0.05%   
International Business financial indicator trend analysis is infinitely more than just investigating International Business recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether International Business is a good investment. Please check the relationship between International Business Price To Sales Ratio and its Days Payables Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Business Machines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Price To Sales Ratio vs Days Payables Outstanding

Price To Sales Ratio vs Days Payables Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of International Business Price To Sales Ratio account and Days Payables Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between International Business' Price To Sales Ratio and Days Payables Outstanding is -0.15. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of International Business Machines, assuming nothing else is changed. The correlation between historical values of International Business' Price To Sales Ratio and Days Payables Outstanding 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 International Business Machines are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Price To Sales Ratio i.e., International Business' Price To Sales Ratio and Days Payables Outstanding go up and down completely randomly.

Correlation Coefficient

-0.15
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

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

Most indicators from International Business' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into International Business 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Business Machines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of the 15th of June 2024, Selling General Administrative is likely to grow to about 20.6 B, while Discontinued Operations is likely to drop (172.7 M).
 2021 2022 2023 2024 (projected)
Gross Profit31.5B32.7B34.3B40.3B
Total Revenue57.4B60.5B61.9B86.6B

International Business fundamental ratios Correlations

0.940.73-0.440.070.90.850.520.930.130.580.15-0.890.97-0.810.29-0.630.990.17-0.150.590.090.680.890.87-0.69
0.940.5-0.380.040.990.890.380.970.050.44-0.07-0.860.98-0.770.2-0.580.92-0.1-0.380.44-0.20.750.810.87-0.55
0.730.5-0.70.010.430.590.590.440.160.620.7-0.770.61-0.80.3-0.630.770.740.260.590.730.160.840.72-0.89
-0.44-0.38-0.70.03-0.37-0.6-0.16-0.210.04-0.18-0.670.72-0.460.72-0.140.53-0.57-0.58-0.12-0.24-0.510.05-0.58-0.620.76
0.070.040.010.030.020.090.18-0.03-0.870.190.260.030.070.090.24-0.150.060.26-0.010.480.07-0.09-0.18-0.10.19
0.90.990.43-0.370.020.880.230.960.060.3-0.12-0.840.96-0.740.17-0.520.89-0.18-0.430.39-0.280.770.750.84-0.49
0.850.890.59-0.60.090.880.350.79-0.060.410.22-0.940.92-0.780.16-0.610.90.14-0.240.430.020.390.830.93-0.62
0.520.380.59-0.160.180.230.350.34-0.070.990.29-0.420.42-0.410.29-0.540.50.460.190.430.40.080.560.48-0.52
0.930.970.44-0.21-0.030.960.790.340.190.41-0.21-0.760.95-0.670.27-0.450.88-0.21-0.360.45-0.270.840.760.79-0.46
0.130.050.160.04-0.870.06-0.06-0.070.19-0.08-0.2-0.060.08-0.1-0.120.160.11-0.140.2-0.270.020.260.260.09-0.22
0.580.440.62-0.180.190.30.410.990.41-0.080.29-0.480.47-0.480.31-0.580.560.440.140.470.380.130.60.53-0.52
0.15-0.070.7-0.670.26-0.120.220.29-0.21-0.20.29-0.360.06-0.41-0.01-0.480.250.970.460.310.91-0.460.320.25-0.59
-0.89-0.86-0.770.720.03-0.84-0.94-0.42-0.76-0.06-0.48-0.36-0.890.94-0.220.7-0.93-0.30.22-0.45-0.23-0.43-0.93-0.970.81
0.970.980.61-0.460.070.960.920.420.950.080.470.06-0.89-0.770.26-0.580.970.04-0.220.5-0.070.680.850.88-0.62
-0.81-0.77-0.80.720.09-0.74-0.78-0.41-0.67-0.1-0.48-0.410.94-0.77-0.20.74-0.85-0.370.28-0.43-0.32-0.46-0.87-0.880.84
0.290.20.3-0.140.240.170.160.290.27-0.120.31-0.01-0.220.26-0.20.080.290.06-0.150.60.150.220.260.2-0.18
-0.63-0.58-0.630.53-0.15-0.52-0.61-0.54-0.450.16-0.58-0.480.7-0.580.740.08-0.65-0.450.05-0.31-0.33-0.24-0.6-0.650.61
0.990.920.77-0.570.060.890.90.50.880.110.560.25-0.930.97-0.850.29-0.650.25-0.10.570.160.590.920.91-0.75
0.17-0.10.74-0.580.26-0.180.140.46-0.21-0.140.440.97-0.30.04-0.370.06-0.450.250.540.350.95-0.440.320.21-0.6
-0.15-0.380.26-0.12-0.01-0.43-0.240.19-0.360.20.140.460.22-0.220.28-0.150.05-0.10.54-0.090.54-0.49-0.07-0.24-0.08
0.590.440.59-0.240.480.390.430.430.45-0.270.470.31-0.450.5-0.430.6-0.310.570.35-0.090.320.30.440.41-0.35
0.09-0.20.73-0.510.07-0.280.020.4-0.270.020.380.91-0.23-0.07-0.320.15-0.330.160.950.540.32-0.460.320.16-0.6
0.680.750.160.05-0.090.770.390.080.840.260.13-0.46-0.430.68-0.460.22-0.240.59-0.44-0.490.3-0.460.420.41-0.18
0.890.810.84-0.58-0.180.750.830.560.760.260.60.32-0.930.85-0.870.26-0.60.920.32-0.070.440.320.420.95-0.88
0.870.870.72-0.62-0.10.840.930.480.790.090.530.25-0.970.88-0.880.2-0.650.910.21-0.240.410.160.410.95-0.79
-0.69-0.55-0.890.760.19-0.49-0.62-0.52-0.46-0.22-0.52-0.590.81-0.620.84-0.180.61-0.75-0.6-0.08-0.35-0.6-0.18-0.88-0.79
Click cells to compare fundamentals

International Business Account Relationship Matchups

International Business fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets152.2B156.0B132.0B127.2B135.2B112.2B
Short Long Term Debt Total64.3B62.9B55.1B54.0B59.9B34.2B
Total Current Liabilities37.7B39.9B33.6B31.5B34.1B37.3B
Total Stockholder Equity20.8B20.6B18.9B21.9B22.5B19.6B
Property Plant And Equipment Net32.0B14.7B8.9B8.2B8.7B14.1B
Net Debt56.1B49.7B48.5B46.1B46.8B25.1B
Retained Earnings163.0B162.7B154.2B149.8B151.3B77.9B
Cash8.2B13.2B6.7B7.9B13.1B9.1B
Non Current Assets Total113.8B116.8B102.5B98.1B103.3B66.3B
Non Currrent Assets Other2.9B19.2B17.8B14.9B10.8B13.6B
Cash And Short Term Investments8.9B13.8B7.3B8.7B13.5B9.7B
Net Receivables23.8B18.7B15.0B15.1B15.1B26.7B
Common Stock Shares Outstanding892.8M896.6M904.6M912.3M922.1M1.3B
Liabilities And Stockholders Equity152.0B155.8B131.9B127.2B135.2B112.2B
Non Current Liabilities Total93.5B95.4B79.4B73.7B78.5B47.9B
Inventory1.6B1.8B1.6B1.6B1.2B1.1B
Other Current Assets4.1B4.8B5.7B2.6B2.2B2.8B
Other Stockholder Equity(169.4B)(169.3B)(23.2B)(169.5B)(169.6B)(161.1B)
Total Liab131.2B135.2B113.0B105.2B112.6B85.2B
Total Current Assets38.4B39.2B29.5B29.1B31.9B45.9B
Other Current Liab10.6B13.6B9.4B9.8B9.3B10.6B
Short Term Debt10.2B8.5B7.8B5.6B7.2B7.4B
Accounts Payable4.9B4.9B4.0B4.1B4.1B6.7B
Intangible Assets15.2B13.8B12.5B11.2B11.0B11.6B
Current Deferred Revenue12.0B12.8B12.5B12.0B13.5B9.7B
Common Stock Total Equity55.2B55.9B56.6B57.3B65.9B36.9B
Short Term Investments618M696M600M852M373M568.6M
Property Plant And Equipment Gross37.0B23.7B23.3B8.2B21.3B24.5B
Accumulated Other Comprehensive Income(28.6B)(29.3B)(23.2B)(16.7B)(18.8B)(19.7B)
Common Stock55.9B56.6B57.3B58.3B59.6B38.8B
Other Liab35.5B37.4B32.0B25.3B29.1B29.0B
Long Term Debt54.1B54.4B44.9B46.2B50.1B32.7B
Good Will58.2B59.6B55.6B55.9B60.2B30.7B
Treasury Stock(168.1B)(169.4B)(169.3B)(169.4B)(152.5B)(160.1B)
Property Plant Equipment10.0B10.0B8.9B8.2B7.4B10.3B
Net Tangible Assets(52.6B)(52.8B)(49.3B)(45.2B)(40.7B)(38.6B)
Noncontrolling Interest In Consolidated Entity134M144M129M95M109.3M142.9M
Retained Earnings Total Equity159.2B163.0B162.7B154.2B177.3B148.5B
Long Term Debt Total54.1B54.4B44.9B46.2B53.1B39.4B

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Additional Information and Resources on Investing in International Stock

When determining whether International Business is a strong investment it is important to analyze International Business' 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 International Business' future performance. For an informed investment choice regarding International Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Business Machines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is IT Consulting & Other Services 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 International Business. If investors know International 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 International Business 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
0.701
Dividend Share
6.64
Earnings Share
8.83
Revenue Per Share
67.937
Quarterly Revenue Growth
0.015
The market value of International Business is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Business' value that differs from its market value or its book value, called intrinsic value, which is International Business' 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 International Business' market value can be influenced by many factors that don't directly affect International Business' 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 International Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if International Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Business' 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.