Advanced Operating Margin vs Inventory Turnover Analysis

WMS Stock  USD 162.50  1.44  0.88%   
Advanced Drainage financial indicator trend analysis is way more than just evaluating Advanced Drainage Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Advanced Drainage Systems is a good investment. Please check the relationship between Advanced Drainage Operating Profit Margin and its Inventory Turnover accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. 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.

Operating Profit Margin vs Inventory Turnover

Operating Margin vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Advanced Drainage Systems Operating Margin account and Inventory Turnover. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Advanced Drainage's Operating Margin and Inventory Turnover is -0.19. Overlapping area represents the amount of variation of Operating Margin that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Advanced Drainage Systems, assuming nothing else is changed. The correlation between historical values of Advanced Drainage's Operating Margin and Inventory 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 Operating Margin of Advanced Drainage Systems are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Operating Margin i.e., Advanced Drainage's Operating Margin and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Profit Margin

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.
Most indicators from Advanced Drainage's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Advanced Drainage Systems 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. 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.
At this time, Advanced Drainage's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 181.8 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.07 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit800.4M1.1B1.3B1.4B
Total Revenue2.8B3.1B3.5B3.7B

Advanced Drainage fundamental ratios Correlations

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0.570.850.90.90.740.830.750.90.640.690.830.860.810.750.920.830.770.94-0.660.910.710.580.590.910.8
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0.761.00.850.840.910.960.860.920.840.470.80.790.880.820.840.790.910.92-0.450.860.840.50.730.860.74
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0.630.790.930.850.680.730.830.750.890.650.561.00.790.860.50.920.640.9-0.750.930.580.670.520.920.78
0.770.930.770.840.970.930.770.960.790.620.890.640.910.840.90.770.640.83-0.490.780.970.560.570.810.84
0.690.910.960.940.830.890.940.830.950.60.720.90.920.950.760.950.90.83-0.70.960.760.630.720.970.86
-0.41-0.47-0.77-0.8-0.46-0.48-0.66-0.53-0.75-0.73-0.34-0.75-0.45-0.71-0.31-0.75-0.75-0.49-0.7-0.75-0.44-0.56-0.29-0.76-0.77
0.640.861.00.920.780.780.910.820.990.720.70.930.860.90.651.00.930.780.96-0.750.760.760.541.00.91
0.710.880.750.790.930.830.710.930.780.680.910.580.840.770.850.750.580.970.76-0.440.760.670.410.780.86
0.420.550.750.630.550.40.580.590.760.790.710.670.50.590.460.760.670.560.63-0.560.760.670.050.760.81
0.470.680.520.60.580.780.590.510.51-0.070.380.520.730.750.630.50.520.570.72-0.290.540.410.050.550.34
0.660.871.00.930.810.80.910.840.990.740.730.920.860.920.680.990.920.810.97-0.761.00.780.760.550.93
0.660.780.910.90.820.720.80.850.930.880.790.780.740.850.70.910.780.840.86-0.770.910.860.810.340.93
Click cells to compare fundamentals

Advanced Drainage Account Relationship Matchups

Advanced Drainage fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding63.8M71.6M72.9M83.3M95.8M62.7M
Total Assets2.4B2.4B2.6B2.9B3.3B1.7B
Short Long Term Debt Total1.2B841.5M944.6M1.3B1.5B1.6B
Other Current Liab103.2M120.9M141.7M145.5M167.3M175.6M
Total Current Liabilities238.2M318.3M391.2M378.8M435.6M271.2M
Total Stockholder Equity772.8M1.0B1.1B977.4M1.1B615.5M
Other Liab(115.2M)173.6M205.9M233.4M268.4M281.8M
Property Plant And Equipment Net481.4M504.3M619.4M733.1M843.0M488.3M
Net Debt988.0M646.5M924.5M1.1B1.3B1.3B
Retained Earnings(267.6M)(75.2M)158.9M626.2M720.1M756.2M
Accounts Payable106.7M171.1M225.0M210.1M241.6M153.6M
Cash174.2M195.0M20.1M217.1M249.7M262.2M
Non Current Assets Total1.7B1.7B1.8B1.9B2.2B1.1B
Non Currrent Assets Other69.1M85.5M84.2M83.7M96.3M101.1M
Other Assets24.0M85.5M116.8M72.0M82.8M45.5M
Long Term Debt1.1B782.2M908.7M1.3B1.5B1.5B
Cash And Short Term Investments174.2M195.0M20.1M217.1M249.7M262.2M
Net Receivables200.0M236.2M341.8M306.9M353.0M222.0M
Good Will597.8M599.1M610.3M620.2M713.2M748.9M
Common Stock Total Equity11.6M11.6M11.6M11.6M10.5M9.5M
Liabilities And Stockholders Equity2.4B2.4B2.6B2.9B3.3B1.7B
Non Current Liabilities Total1.3B1.0B1.2B1.5B1.8B1.8B
Inventory282.4M301.0M494.3M464.0M533.6M338.3M
Other Current Assets9.6M10.8M15.7M29.4M33.8M35.5M
Other Stockholder Equity794.7M896.6M746.9M213.9M245.9M304.2M
Total Liab1.6B1.4B1.5B1.9B2.2B2.3B
Property Plant And Equipment Gross506.3M535.5M1.2B1.4B1.6B1.7B
Total Current Assets666.2M743.0M871.9M1.0B1.2B639.6M
Accumulated Other Comprehensive Income(35.3M)(24.2M)(24.4M)(27.6M)(24.8M)(26.1M)
Treasury Stock(10.5M)(11.0M)(318.7M)(921.0M)(1.1B)(1.0B)
Short Term Debt28.3M26.3M24.5M23.2M26.7M30.2M
Intangible Assets555.3M482.0M431.4M407.6M468.8M492.2M
Common Stock11.6M11.6M11.6M11.6M10.5M9.5M
Property Plant Equipment481.4M504.3M619.4M783.8M901.4M495.0M
Net Tangible Assets(380.3M)(31.4M)657.0M569.7M655.2M688.0M
Deferred Long Term Liab175.6M162.2M168.4M159.1M182.9M108.1M
Short Long Term Debt8.0M7M19.5M14.7M13.2M16.7M
Warrants247.1M229.9M195.4M153.2M176.2M167.5M
Noncontrolling Interest In Consolidated Entity11.8M13.7M16.6M17.5M20.1M16.7M

Advanced Drainage Investors Sentiment

The influence of Advanced Drainage's 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 Advanced. 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 Advanced Drainage's public news can be used to forecast risks associated with an investment in Advanced. The trend in average sentiment can be used to explain how an investor holding Advanced can time the market purely based on public headlines and social activities around Advanced Drainage Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Advanced Drainage's 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 Advanced Drainage's 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 Advanced Drainage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Advanced Drainage.
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 Advanced Drainage 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, Advanced Drainage's short interest history, or implied volatility extrapolated from Advanced Drainage options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Advanced Drainage Systems is a strong investment it is important to analyze Advanced Drainage's 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 Advanced Drainage's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Advanced Drainage Systems. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running Advanced Drainage's price analysis, check to measure Advanced Drainage'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 Advanced Drainage is operating at the current time. Most of Advanced Drainage's value examination focuses on studying past and present price action to predict the probability of Advanced Drainage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Drainage's price. Additionally, you may evaluate how the addition of Advanced Drainage to your portfolios can decrease your overall portfolio volatility.
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Is Advanced Drainage'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 Advanced Drainage. If investors know Advanced 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 Advanced Drainage 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
0.354
Dividend Share
0.54
Earnings Share
6.3
Revenue Per Share
35.932
Quarterly Revenue Growth
0.011
The market value of Advanced Drainage Systems is measured differently than its book value, which is the value of Advanced that is recorded on the company's balance sheet. Investors also form their own opinion of Advanced Drainage's value that differs from its market value or its book value, called intrinsic value, which is Advanced Drainage'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 Advanced Drainage's market value can be influenced by many factors that don't directly affect Advanced Drainage'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 Advanced Drainage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Drainage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Drainage'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.