Hamilton Inventory Turnover vs Receivables Turnover Analysis

HBB Stock  USD 24.58  1.45  6.27%   
Hamilton Beach financial indicator trend analysis is much more than just examining Hamilton Beach Brands latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hamilton Beach Brands is a good investment. Please check the relationship between Hamilton Beach Inventory Turnover and its Receivables Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hamilton Beach Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

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 Hamilton Beach Brands Inventory Turnover account and Receivables Turnover. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hamilton Beach's Inventory Turnover and Receivables Turnover is 0.79. 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 Hamilton Beach Brands, assuming nothing else is changed. The correlation between historical values of Hamilton Beach's 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 Hamilton Beach Brands 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., Hamilton Beach's Inventory Turnover and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

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 Hamilton Beach's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hamilton Beach Brands 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 Hamilton Beach Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
At present, Hamilton Beach's Discontinued Operations is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Multiple is expected to grow to 9.89, whereas Tax Provision is forecasted to decline to about 3.5 M.
 2021 2022 2023 2024 (projected)
Interest Income2.9M4.6M5.3M2.8M
Tax Provision7.7M7.2M3.7M3.5M

Hamilton Beach fundamental ratios Correlations

-0.16-0.250.87-0.850.670.760.860.86-0.04-0.480.80.74-0.380.75-0.480.85-0.480.580.790.840.91-0.510.80.50.62
-0.16-0.46-0.410.020.14-0.2-0.36-0.04-0.40.31-0.49-0.630.060.30.31-0.120.08-0.11-0.180.19-0.110.47-0.17-0.41-0.74
-0.25-0.46-0.190.36-0.74-0.48-0.09-0.510.91-0.29-0.20.15-0.15-0.51-0.290.120.28-0.33-0.04-0.55-0.42-0.47-0.030.40.34
0.87-0.41-0.19-0.850.660.890.890.81-0.1-0.520.960.88-0.420.49-0.520.74-0.430.470.820.770.82-0.530.510.620.8
-0.850.020.36-0.85-0.6-0.85-0.82-0.920.340.4-0.81-0.760.66-0.580.4-0.790.64-0.69-0.88-0.77-0.790.54-0.44-0.6-0.57
0.670.14-0.740.66-0.60.780.460.73-0.51-0.010.60.250.050.63-0.010.38-0.290.270.370.910.710.130.35-0.10.1
0.76-0.2-0.480.89-0.850.780.80.83-0.47-0.350.930.7-0.350.51-0.350.54-0.40.430.670.80.81-0.350.30.390.53
0.86-0.36-0.090.89-0.820.460.80.69-0.05-0.770.90.88-0.430.65-0.770.72-0.250.410.820.670.9-0.60.650.760.81
0.86-0.04-0.510.81-0.920.730.830.69-0.4-0.160.770.66-0.540.56-0.160.7-0.760.80.780.790.75-0.450.490.370.44
-0.04-0.40.91-0.10.34-0.51-0.47-0.05-0.4-0.27-0.190.120.01-0.28-0.270.260.25-0.3-0.03-0.32-0.26-0.370.260.280.33
-0.480.31-0.29-0.520.4-0.01-0.35-0.77-0.16-0.27-0.49-0.60.31-0.51.0-0.43-0.270.06-0.63-0.3-0.60.48-0.56-0.82-0.68
0.8-0.49-0.20.96-0.810.60.930.90.77-0.19-0.490.9-0.370.42-0.490.64-0.420.470.730.670.81-0.540.420.580.79
0.74-0.630.150.88-0.760.250.70.880.660.12-0.60.9-0.580.26-0.60.73-0.480.540.810.420.65-0.780.470.820.95
-0.380.06-0.15-0.420.660.05-0.35-0.43-0.540.010.31-0.37-0.58-0.040.31-0.580.57-0.57-0.8-0.18-0.20.77-0.13-0.71-0.44
0.750.3-0.510.49-0.580.630.510.650.56-0.28-0.50.420.26-0.04-0.50.46-0.050.260.50.790.87-0.010.770.220.17
-0.480.31-0.29-0.520.4-0.01-0.35-0.77-0.16-0.271.0-0.49-0.60.31-0.5-0.43-0.270.06-0.63-0.3-0.60.48-0.56-0.82-0.68
0.85-0.120.120.74-0.790.380.540.720.70.26-0.430.640.73-0.580.46-0.43-0.510.480.790.660.62-0.670.590.630.65
-0.480.080.28-0.430.64-0.29-0.4-0.25-0.760.25-0.27-0.42-0.480.57-0.05-0.27-0.51-0.94-0.49-0.29-0.230.45-0.16-0.19-0.29
0.58-0.11-0.330.47-0.690.270.430.410.8-0.30.060.470.54-0.570.260.060.48-0.940.570.310.4-0.490.370.310.35
0.79-0.18-0.040.82-0.880.370.670.820.78-0.03-0.630.730.81-0.80.5-0.630.79-0.490.570.620.69-0.710.540.830.71
0.840.19-0.550.77-0.770.910.80.670.79-0.32-0.30.670.42-0.180.79-0.30.66-0.290.310.620.84-0.110.540.210.29
0.91-0.11-0.420.82-0.790.710.810.90.75-0.26-0.60.810.65-0.20.87-0.60.62-0.230.40.690.84-0.290.740.450.54
-0.510.47-0.47-0.530.540.13-0.35-0.6-0.45-0.370.48-0.54-0.780.77-0.010.48-0.670.45-0.49-0.71-0.11-0.29-0.36-0.78-0.71
0.8-0.17-0.030.51-0.440.350.30.650.490.26-0.560.420.47-0.130.77-0.560.59-0.160.370.540.540.74-0.360.390.46
0.5-0.410.40.62-0.6-0.10.390.760.370.28-0.820.580.82-0.710.22-0.820.63-0.190.310.830.210.45-0.780.390.84
0.62-0.740.340.8-0.570.10.530.810.440.33-0.680.790.95-0.440.17-0.680.65-0.290.350.710.290.54-0.710.460.84
Click cells to compare fundamentals

Hamilton Beach Account Relationship Matchups

Hamilton Beach fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets303.2M391.2M382.5M389.0M384.7M382.3M
Other Current Liab42.6M46.5M32.3M33.9M33.7M35.4M
Total Current Liabilities200.7M199.1M164.2M101.6M139.6M140.7M
Total Stockholder Equity55.1M80.1M102.3M124.5M147.3M86.6M
Other Liab16.0M12.9M18.6M5.2M4.6M4.4M
Net Tangible Assets26.9M72.0M94.3M116.8M134.3M70.1M
Property Plant And Equipment Net22.3M23.5M30.5M71.8M66.8M35.1M
Net Debt56.4M95.9M95.7M162.6M82.7M71.5M
Retained Earnings22.5M44.9M60.8M80.2M99.4M104.4M
Accounts Payable111.6M152.6M131.9M61.8M99.7M95.9M
Cash2.1M2.4M1.1M928K15.4M16.2M
Non Current Assets Total49.2M54.9M64.1M104.2M97.9M69.5M
Non Currrent Assets Other2.7M2.8M3.0M16.1M16.5M17.3M
Other Assets19.9M23.2M25.7M24.6M22.2M19.4M
Cash And Short Term Investments2.1M2.4M1.1M928K15.4M16.2M
Net Receivables113.8M144.8M119.6M115.1M135.4M129.7M
Common Stock Shares Outstanding13.7M13.7M13.9M14.0M14.1M15.2M
Non Current Liabilities Total47.5M112.0M116.0M162.8M97.8M91.5M
Capital Surpluse54.5M58.5M61.6M65.0M58.5M48.9M
Inventory109.6M174.0M183.4M156.0M126.6M156.9M
Other Current Assets23.1M15.1M14.3M12.6M9.4M13.1M
Other Stockholder Equity48.4M52.5M55.6M56.1M58.4M51.7M
Total Liab248.2M311.1M280.2M264.4M237.4M288.3M
Deferred Long Term Liab10.9M13.4M18.7M14.3M16.5M12.1M
Total Current Assets254.0M336.3M318.4M284.7M286.8M309.7M
Short Term Debt11.6M23.5M0.05.9M6.2M8.9M
Intangible Assets3.1M1.9M1.7M1.5M1.3M1.2M
Property Plant Equipment22.3M23.5M30.5M27.8M32.0M24.0M
Short Long Term Debt Total58.5M98.4M96.8M163.6M98.1M89.7M
Liabilities And Stockholders Equity303.2M391.2M382.5M389.0M384.7M387.5M
Property Plant And Equipment Gross22.3M23.5M30.5M71.8M112.0M117.6M
Accumulated Other Comprehensive Income(16.0M)(17.5M)(14.2M)(11.9M)(10.7M)(11.2M)
Non Current Liabilities Other12.5M13.6M19.2M52.0M5.9M5.6M
Cash And Equivalents2.1M2.4M1.1M928K835.2K793.4K
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 Hamilton Beach 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, Hamilton Beach's short interest history, or implied volatility extrapolated from Hamilton Beach options trading.

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When determining whether Hamilton Beach Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hamilton Beach's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hamilton Beach Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hamilton Beach Brands Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hamilton Beach Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Hamilton Beach Brands information on this page should be used as a complementary analysis to other Hamilton Beach's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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Is Hamilton Beach'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 Hamilton Beach. If investors know Hamilton 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 Hamilton Beach 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
1.744
Dividend Share
0.435
Earnings Share
1.8
Revenue Per Share
44.573
Quarterly Revenue Growth
0.053
The market value of Hamilton Beach Brands is measured differently than its book value, which is the value of Hamilton that is recorded on the company's balance sheet. Investors also form their own opinion of Hamilton Beach's value that differs from its market value or its book value, called intrinsic value, which is Hamilton Beach'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 Hamilton Beach's market value can be influenced by many factors that don't directly affect Hamilton Beach'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 Hamilton Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hamilton Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hamilton Beach'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.