PriceSmart Price to Sales Ratio vs Accounts Payable Analysis

PSMT Stock  USD 80.91  0.67  0.82%   
PriceSmart financial indicator trend analysis is much more than just breaking down PriceSmart prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PriceSmart is a good investment. Please check the relationship between PriceSmart Price To Sales Ratio and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PriceSmart. 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.
For more information on how to buy PriceSmart Stock please use our How to Invest in PriceSmart 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 PriceSmart Price to Sales Ratio account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between PriceSmart's Price to Sales Ratio and Accounts Payable is -0.7. 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 PriceSmart, assuming nothing else is changed. The correlation between historical values of PriceSmart's 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 PriceSmart 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., PriceSmart's Price to Sales Ratio and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Price To Sales Ratio

Price to Sales Ratio is figured by comparing PriceSmart stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on PriceSmart sales, a figure that is much harder to manipulate than other PriceSmart 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 PriceSmart 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 PriceSmart 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 PriceSmart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PriceSmart 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 PriceSmart. 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.
For more information on how to buy PriceSmart Stock please use our How to Invest in PriceSmart guide.At this time, PriceSmart's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Discontinued Operations is likely to drop (30.2 K) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit681.1M759.3M873.2M916.9M
Total Revenue4.1B4.4B5.1B5.3B

PriceSmart fundamental ratios Correlations

0.490.430.510.50.480.520.480.040.220.370.550.050.970.470.330.490.270.310.370.320.360.370.060.440.56
0.490.991.00.991.01.01.00.820.920.960.980.820.670.990.950.990.760.970.870.930.930.540.810.550.76
0.430.990.980.980.980.980.980.860.940.960.960.870.620.980.970.990.770.950.840.920.920.470.860.490.74
0.511.00.980.980.991.00.990.80.910.960.970.790.681.00.940.990.740.950.90.940.940.590.790.590.76
0.50.990.980.980.990.990.990.80.910.920.990.820.670.970.950.980.730.970.820.890.880.480.80.480.73
0.481.00.980.990.990.991.00.80.920.950.970.810.670.990.940.980.780.970.850.910.930.560.80.560.76
0.521.00.981.00.990.990.990.80.910.950.980.790.690.990.941.00.720.950.880.930.930.540.780.550.76
0.481.00.980.990.991.00.990.80.910.950.970.810.670.990.940.980.790.970.840.910.930.550.810.560.76
0.040.820.860.80.80.80.80.80.860.840.780.90.260.820.860.820.670.860.730.820.810.320.830.30.59
0.220.920.940.910.910.920.910.910.860.920.870.910.430.920.960.920.730.940.810.910.890.470.910.460.7
0.370.960.960.960.920.950.950.950.840.920.890.830.570.980.90.950.830.920.90.960.990.610.830.650.81
0.550.980.960.970.990.970.980.970.780.870.890.790.710.950.920.980.70.940.790.840.850.430.730.420.7
0.050.820.870.790.820.810.790.810.90.910.830.790.260.810.920.820.720.860.640.790.770.210.920.250.6
0.970.670.620.680.670.670.690.670.260.430.570.710.260.650.510.660.460.530.530.510.560.480.270.540.72
0.470.990.981.00.970.990.990.990.820.920.980.950.810.650.930.990.780.950.910.950.970.60.810.620.79
0.330.950.970.940.950.940.940.940.860.960.90.920.920.510.930.960.680.940.80.910.860.40.910.410.68
0.490.990.990.990.980.981.00.980.820.920.950.980.820.660.990.960.710.950.890.940.930.530.810.530.76
0.270.760.770.740.730.780.720.790.670.730.830.70.720.460.780.680.710.760.560.660.820.470.710.560.7
0.310.970.950.950.970.970.950.970.860.940.920.940.860.530.950.940.950.760.810.890.90.520.840.490.73
0.370.870.840.90.820.850.880.840.730.810.90.790.640.530.910.80.890.560.810.970.930.740.670.730.74
0.320.930.920.940.890.910.930.910.820.910.960.840.790.510.950.910.940.660.890.970.960.650.840.660.76
0.360.930.920.940.880.930.930.930.810.890.990.850.770.560.970.860.930.820.90.930.960.710.790.730.81
0.370.540.470.590.480.560.540.550.320.470.610.430.210.480.60.40.530.470.520.740.650.710.310.950.61
0.060.810.860.790.80.80.780.810.830.910.830.730.920.270.810.910.810.710.840.670.840.790.310.380.62
0.440.550.490.590.480.560.550.560.30.460.650.420.250.540.620.410.530.560.490.730.660.730.950.380.72
0.560.760.740.760.730.760.760.760.590.70.810.70.60.720.790.680.760.70.730.740.760.810.610.620.72
Click cells to compare fundamentals

PriceSmart Account Relationship Matchups

PriceSmart fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding30.3M30.4M30.6M30.8M35.4M22.3M
Total Assets1.7B1.7B1.8B2.0B2.3B2.4B
Other Current Liab78.4M89.9M90.0M112.1M129.0M135.4M
Total Current Liabilities568.3M533.6M579.5M634.5M729.6M766.1M
Total Stockholder Equity831.7M915.3M991.1M1.1B1.3B1.3B
Property Plant And Equipment Net811.8M853.9M869.1M964.5M1.1B1.2B
Accounts Payable373.2M388.8M408.4M453.2M521.2M547.3M
Non Current Assets Total957.8M1.0B1.0B1.1B1.3B1.4B
Non Currrent Assets Other58.4M67.1M82.8M78.3M90.1M94.6M
Net Receivables13.2M12.4M13.4M17.9M20.6M21.6M
Liabilities And Stockholders Equity1.7B1.7B1.8B2.0B2.3B2.4B
Non Current Liabilities Total255.8M256.0M237.9M264.1M303.7M318.9M
Inventory309.5M389.7M464.4M471.4M542.1M569.2M
Other Current Assets30.2M39.2M41.1M53.9M61.9M65.0M
Other Stockholder Equity426.0M438.9M449.8M453.5M521.5M332.6M
Total Liab824.1M789.6M817.3M898.6M1.0B1.1B
Property Plant And Equipment Gross811.8M730.2M869.1M1.5B1.7B1.8B
Total Current Assets699.0M697.2M773.6M877.1M1.0B1.1B
Accumulated Other Comprehensive Income(176.8M)(182.5M)(195.6M)(164.0M)(147.6M)(140.2M)
Net Debt30.5M65.2M36.2M38.2M34.4M36.1M
Retained Earnings582.5M658.9M736.9M817.6M940.2M987.2M
Cash299.5M202.1M237.7M240.0M276.0M289.8M
Cash And Short Term Investments346.0M252.3M248.9M331.1M380.7M399.8M
Short Long Term Debt Total330.0M267.3M273.9M278.2M319.9M335.9M
Short Term Debt93.2M27.9M51.8M36.5M42.0M23.8M
Short Term Investments46.5M50.2M11.2M91.1M104.7M110.0M
Other Assets64.0M210.2M88.9M99.3M114.2M60.0M
Long Term Debt112.6M110.1M103.6M119.5M137.4M77.4M
Good Will45.2M45.1M43.3M43.1M49.6M38.5M
Treasury Stock(39.1M)(38.7M)(28.4M)(26.1M)(23.5M)(24.6M)
Intangible Assets12.6M10.2M7.8M765K688.5K654.1K
Property Plant Equipment671.2M692.3M853.9M869.1M999.4M1.0B
Current Deferred Revenue23.5M26.9M29.2M32.6M37.5M39.4M
Other Liab24.1M14.3M13.6M15.8M18.2M11.7M
Noncontrolling Interest In Consolidated Entity636K928K1.0M869K999.4K1.0M
Retained Earnings Total Equity474.0M525.8M582.5M658.9M757.8M795.6M
Deferred Long Term Liab10.8M13.2M1.7M1.6M1.8M1.7M
Net Tangible Assets797.4M831.7M862.5M947.0M1.1B755.8M

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When determining whether PriceSmart is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PriceSmart Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pricesmart Stock. Highlighted below are key reports to facilitate an investment decision about Pricesmart Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PriceSmart. 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.
For more information on how to buy PriceSmart Stock please use our How to Invest in PriceSmart guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running PriceSmart's price analysis, check to measure PriceSmart's 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 PriceSmart is operating at the current time. Most of PriceSmart's value examination focuses on studying past and present price action to predict the probability of PriceSmart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PriceSmart's price. Additionally, you may evaluate how the addition of PriceSmart to your portfolios can decrease your overall portfolio volatility.
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Is PriceSmart's 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 PriceSmart. If investors know PriceSmart 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 PriceSmart 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
0.286
Dividend Share
1.04
Earnings Share
3.97
Revenue Per Share
153.489
Quarterly Revenue Growth
0.131
The market value of PriceSmart is measured differently than its book value, which is the value of PriceSmart that is recorded on the company's balance sheet. Investors also form their own opinion of PriceSmart's value that differs from its market value or its book value, called intrinsic value, which is PriceSmart'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 PriceSmart's market value can be influenced by many factors that don't directly affect PriceSmart'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 PriceSmart's value and its price as these two are different measures arrived at by different means. Investors typically determine if PriceSmart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PriceSmart'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.