Philip Inventory Turnover vs Receivables Turnover Analysis

PM Stock

USD 93.77 2.57 2.82%

Philip Morris financial indicator trend analysis is much more than just breaking down Philip Morris Intern prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Philip Morris Intern is a good investment. Please check the relationship between Philip Morris Inventory Turnover and its Receivables Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philip Morris International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Inventory Turnover vs Receivables Turnover

Inventory Turnover vs Receivables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Philip Morris Intern Inventory Turnover account and Receivables Turnover. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Philip Morris' Inventory Turnover and Receivables Turnover is 0.98. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Receivables Turnover in the same time period over historical financial statements of Philip Morris International, assuming nothing else is changed. The correlation between historical values of Philip Morris' Inventory Turnover and Receivables 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 Inventory Turnover of Philip Morris International are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Inventory Turnover i.e., Philip Morris' Inventory Turnover and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

0.98

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

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.

Receivables Turnover

Most indicators from Philip Morris' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Philip Morris Intern 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 Philip Morris International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

As of the 19th of April 2024, Enterprise Value is likely to grow to about 154.2 B, while Selling General Administrative is likely to drop about 7.7 B.

	2021	2022	2023	2024 (projected)
Gross Profit	5.3B	20.4B	22.3B	18.6B
Total Revenue	31.4B	31.8B	35.2B	24.8B

Gross Profit Total Revenue

Philip Morris fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Good Will	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 Long Term Debt Total	Other Current Liab	Total Current Liabilities	Current Deferred Revenue	Retained Earnings	Accounts Payable	Net Receivables	Short Term Debt	Intangible Assets
Total Assets		-0.53	0.75	0.81	0.12	0.98	0.7	0.12	0.85	-0.59	0.88	0.82	0.25	-0.62	0.93	0.72	0.73	0.93	0.77	0.97	-0.76	0.77	0.79	0.87	0.87	0.64
Total Stockholder Equity	-0.53		-0.7	-0.69	-0.37	-0.41	-0.3	-0.37	-0.24	0.92	-0.81	-0.78	-0.18	0.96	-0.78	-0.29	-0.75	-0.76	-0.8	-0.57	0.84	-0.91	-0.44	-0.63	-0.31	-0.16
Property Plant And Equipment Net	0.75	-0.7		0.76	0.29	0.66	0.41	0.29	0.56	-0.77	0.77	0.89	0.16	-0.81	0.81	0.47	0.8	0.79	0.78	0.72	-0.85	0.78	0.52	0.79	0.65	0.44
Net Debt	0.81	-0.69	0.76		-0.02	0.78	0.8	-0.02	0.71	-0.85	0.78	0.84	-0.06	-0.78	0.81	0.79	0.61	0.82	0.66	0.79	-0.8	0.75	0.81	0.8	0.65	0.81
Cash	0.12	-0.37	0.29	-0.02		-0.08	0.05	1.0	-0.33	-0.27	0.32	0.1	0.63	-0.24	0.24	-0.12	0.7	0.21	0.33	0.06	-0.24	0.29	0.2	0.04	-0.06	-0.31
Non Current Assets Total	0.98	-0.41	0.66	0.78	-0.08		0.7	-0.08	0.91	-0.49	0.81	0.76	0.14	-0.52	0.87	0.75	0.57	0.87	0.67	0.95	-0.67	0.68	0.76	0.83	0.88	0.7
Non Currrent Assets Other	0.7	-0.3	0.41	0.8	0.05	0.7		0.05	0.55	-0.52	0.55	0.49	-0.02	-0.34	0.56	0.9	0.45	0.57	0.38	0.63	-0.47	0.4	0.94	0.52	0.48	0.88
Cash And Short Term Investments	0.12	-0.37	0.29	-0.02	1.0	-0.08	0.05		-0.33	-0.27	0.32	0.1	0.63	-0.24	0.24	-0.12	0.7	0.21	0.33	0.06	-0.24	0.29	0.2	0.04	-0.06	-0.31
Good Will	0.85	-0.24	0.56	0.71	-0.33	0.91	0.55	-0.33		-0.37	0.61	0.64	0.02	-0.4	0.7	0.66	0.33	0.72	0.46	0.83	-0.54	0.5	0.58	0.74	0.9	0.71
Common Stock Shares Outstanding	-0.59	0.92	-0.77	-0.85	-0.27	-0.49	-0.52	-0.27	-0.37		-0.74	-0.83	-0.14	0.95	-0.75	-0.53	-0.72	-0.73	-0.78	-0.62	0.91	-0.87	-0.63	-0.7	-0.4	-0.44
Non Current Liabilities Total	0.88	-0.81	0.77	0.78	0.32	0.81	0.55	0.32	0.61	-0.74		0.83	0.26	-0.8	0.98	0.51	0.83	0.99	0.83	0.86	-0.81	0.91	0.67	0.81	0.65	0.4
Inventory	0.82	-0.78	0.89	0.84	0.1	0.76	0.49	0.1	0.64	-0.83	0.83		0.09	-0.89	0.89	0.53	0.76	0.86	0.88	0.85	-0.92	0.88	0.59	0.87	0.69	0.5
Other Current Assets	0.25	-0.18	0.16	-0.06	0.63	0.14	-0.02	0.63	0.02	-0.14	0.26	0.09		-0.16	0.27	0.0	0.51	0.21	0.44	0.27	-0.27	0.31	0.24	0.23	0.2	-0.29
Other Stockholder Equity	-0.62	0.96	-0.81	-0.78	-0.24	-0.52	-0.34	-0.24	-0.4	0.95	-0.8	-0.89	-0.16		-0.82	-0.4	-0.74	-0.79	-0.87	-0.67	0.94	-0.94	-0.49	-0.76	-0.45	-0.28
Total Liab	0.93	-0.78	0.81	0.81	0.24	0.87	0.56	0.24	0.7	-0.75	0.98	0.89	0.27	-0.82		0.57	0.82	0.99	0.89	0.93	-0.87	0.93	0.7	0.87	0.75	0.45
Property Plant And Equipment Gross	0.72	-0.29	0.47	0.79	-0.12	0.75	0.9	-0.12	0.66	-0.53	0.51	0.53	0.0	-0.4	0.57		0.36	0.57	0.46	0.7	-0.58	0.48	0.92	0.64	0.57	0.86
Total Current Assets	0.73	-0.75	0.8	0.61	0.7	0.57	0.45	0.7	0.33	-0.72	0.83	0.76	0.51	-0.74	0.82	0.36		0.79	0.83	0.7	-0.79	0.8	0.62	0.7	0.51	0.2
Short Long Term Debt Total	0.93	-0.76	0.79	0.82	0.21	0.87	0.57	0.21	0.72	-0.73	0.99	0.86	0.21	-0.79	0.99	0.57	0.79		0.81	0.91	-0.81	0.9	0.68	0.85	0.75	0.48
Other Current Liab	0.77	-0.8	0.78	0.66	0.33	0.67	0.38	0.33	0.46	-0.78	0.83	0.88	0.44	-0.87	0.89	0.46	0.83	0.81		0.82	-0.94	0.94	0.6	0.83	0.56	0.23
Total Current Liabilities	0.97	-0.57	0.72	0.79	0.06	0.95	0.63	0.06	0.83	-0.62	0.86	0.85	0.27	-0.67	0.93	0.7	0.7	0.91	0.82		-0.81	0.83	0.76	0.89	0.89	0.57
Current Deferred Revenue	-0.76	0.84	-0.85	-0.8	-0.24	-0.67	-0.47	-0.24	-0.54	0.91	-0.81	-0.92	-0.27	0.94	-0.87	-0.58	-0.79	-0.81	-0.94	-0.81		-0.94	-0.65	-0.85	-0.61	-0.4
Retained Earnings	0.77	-0.91	0.78	0.75	0.29	0.68	0.4	0.29	0.5	-0.87	0.91	0.88	0.31	-0.94	0.93	0.48	0.8	0.9	0.94	0.83	-0.94		0.6	0.83	0.59	0.27
Accounts Payable	0.79	-0.44	0.52	0.81	0.2	0.76	0.94	0.2	0.58	-0.63	0.67	0.59	0.24	-0.49	0.7	0.92	0.62	0.68	0.6	0.76	-0.65	0.6		0.69	0.58	0.75
Net Receivables	0.87	-0.63	0.79	0.8	0.04	0.83	0.52	0.04	0.74	-0.7	0.81	0.87	0.23	-0.76	0.87	0.64	0.7	0.85	0.83	0.89	-0.85	0.83	0.69		0.74	0.51
Short Term Debt	0.87	-0.31	0.65	0.65	-0.06	0.88	0.48	-0.06	0.9	-0.4	0.65	0.69	0.2	-0.45	0.75	0.57	0.51	0.75	0.56	0.89	-0.61	0.59	0.58	0.74		0.56
Intangible Assets	0.64	-0.16	0.44	0.81	-0.31	0.7	0.88	-0.31	0.71	-0.44	0.4	0.5	-0.29	-0.28	0.45	0.86	0.2	0.48	0.23	0.57	-0.4	0.27	0.75	0.51	0.56

Click cells to compare fundamentals

Philip Morris Account Relationship Matchups

Philip Morris fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	42.9B	44.8B	41.3B	61.7B	65.3B	41.7B
Total Stockholder Equity	(11.6B)	(12.6B)	(10.1B)	(9.0B)	(11.2B)	(10.7B)
Property Plant And Equipment Net	6.6B	6.4B	6.2B	6.7B	7.5B	6.8B
Net Debt	24.2B	24.3B	23.3B	39.9B	44.8B	47.1B
Cash	6.9B	7.3B	4.5B	3.2B	3.1B	3.8B
Non Current Assets Total	22.4B	23.3B	23.6B	42.1B	45.5B	23.6B
Non Currrent Assets Other	2.0B	2.8B	2.5B	3.9B	5.6B	5.9B
Cash And Short Term Investments	6.9B	7.3B	4.5B	3.2B	3.1B	3.8B
Good Will	5.9B	6.0B	6.7B	19.7B	16.8B	9.4B
Common Stock Shares Outstanding	1.6B	1.6B	1.6B	1.6B	1.6B	1.4B
Liabilities And Stockholders Equity	42.9B	44.8B	41.3B	61.7B	65.3B	41.7B
Non Current Liabilities Total	33.6B	35.8B	30.2B	40.7B	48.4B	27.3B
Inventory	9.2B	9.6B	8.7B	9.9B	10.8B	9.5B
Other Current Assets	13.7B	14.2B	13.2B	16.4B	1.5B	1.5B
Other Stockholder Equity	(33.2B)	(33.0B)	(33.6B)	(33.7B)	(33.5B)	(35.2B)
Total Liab	52.5B	55.4B	49.5B	68.0B	74.8B	43.6B
Property Plant And Equipment Gross	6.6B	6.4B	14.7B	15.4B	17.1B	17.9B
Total Current Assets	20.5B	21.5B	17.7B	19.6B	19.8B	18.1B
Accumulated Other Comprehensive Income	(10.1B)	(9.4B)	(11.2B)	(9.6B)	(11.8B)	(11.2B)
Short Long Term Debt Total	31.0B	31.5B	27.8B	43.1B	47.9B	26.7B
Other Current Liab	14.4B	16.2B	16.2B	15.0B	15.6B	11.2B
Total Current Liabilities	18.8B	19.6B	19.3B	27.3B	26.4B	17.2B
Current Deferred Revenue	(2.1B)	(2.3B)	(2.8B)	(3.3B)	(3.0B)	(2.8B)
Retained Earnings	31.0B	31.6B	33.1B	34.3B	34.1B	27.2B
Accounts Payable	2.3B	2.8B	3.3B	4.1B	4.1B	4.4B
Net Receivables	3.7B	3.8B	3.9B	4.8B	4.4B	3.8B
Short Term Debt	4.4B	3.4B	3.0B	8.2B	6.7B	3.6B
Intangible Assets	2.1B	2.0B	2.8B	6.7B	9.9B	10.4B
Other Liab	6.4B	7.7B	5.5B	5.3B	6.1B	4.3B
Other Assets	2.4B	4.2B	21.1B	17.3B	19.9B	20.9B
Long Term Debt	26.7B	28.2B	24.8B	34.9B	41.2B	24.1B
Property Plant Equipment	6.6B	6.4B	6.2B	15.4B	17.8B	18.6B
Treasury Stock	(35.2B)	(35.1B)	(35.8B)	(35.9B)	(32.3B)	(33.9B)
Net Tangible Assets	(19.5B)	(20.6B)	(10.1B)	(9.0B)	(8.1B)	(8.5B)
Noncontrolling Interest In Consolidated Entity	2.0B	1.9B	1.9B	2.6B	3.0B	1.6B
Retained Earnings Total Equity	31.0B	31.6B	33.1B	34.3B	39.4B	30.5B
Long Term Debt Total	26.7B	28.2B	24.8B	34.9B	40.1B	26.3B
Capital Surpluse	2.0B	2.1B	2.2B	2.2B	2.6B	1.8B

Philip Morris Investors Sentiment

The influence of Philip Morris' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Philip. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Philip Morris' public news can be used to forecast risks associated with an investment in Philip. The trend in average sentiment can be used to explain how an investor holding Philip can time the market purely based on public headlines and social activities around Philip Morris International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Philip Morris' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Philip Morris' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Philip Morris' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Philip Morris.

Philip Morris Implied Volatility

44.33

Philip Morris' implied volatility exposes the market's sentiment of Philip Morris International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Philip Morris' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Philip Morris stock will not fluctuate a lot when Philip Morris' options are near their expiration.

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 Philip Morris 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, Philip Morris' short interest history, or implied volatility extrapolated from Philip Morris options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Philip Morris Intern using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

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

How To Invest In Philip

Details

Is Philip Stock a good investment?

Details

What is Philip Morris' Net Worth?

Details

Largest Tobacco Companies

View

Largest Food, Beverage & Tobacco Companies

View

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philip Morris International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for Philip Stock analysis

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

	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Content Syndication Quickly integrate customizable finance content to your own investment portal
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges

Is Philip Morris' 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 Philip Morris. If investors know Philip 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 Philip Morris 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

(0.09)

Dividend Share

5.14

Earnings Share

5.02

Revenue Per Share

22.664

Quarterly Revenue Growth

0.11

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

Philip Inventory Turnover vs Receivables Turnover Analysis

Inventory Turnover vs Receivables Turnover

Inventory Turnover vs Receivables Turnover Correlation Analysis

Correlation Coefficient

Inventory Turnover

Receivables Turnover

Philip Morris fundamental ratios Correlations

Philip Morris Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Philip Morris fundamental ratios Accounts

Philip Morris Investors Sentiment

Philip Morris Implied Volatility

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Philip Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Short Long Term Debt Total	+ 0.99	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.99	Total Liab
Non Current Assets Total	+ 0.98	Total Assets
Total Liab	+ 0.98	Non Current Liabilities Total
Total Current Liabilities	+ 0.97	Total Assets

Retained Earnings	- 0.94	Current Deferred Revenue
Current Deferred Revenue	- 0.94	Other Current Liab
Retained Earnings	- 0.94	Other Stockholder Equity
Current Deferred Revenue	- 0.92	Inventory
Retained Earnings	- 0.91	Total Stockholder Equity
Other Stockholder Equity	- 0.89	Inventory