Sally Inventory Turnover vs Receivables Turnover Analysis

SBH Stock  USD 10.31  0.04  0.39%   
Sally Beauty financial indicator trend analysis is much more than just breaking down Sally Beauty Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sally Beauty Holdings is a good investment. Please check the relationship between Sally Beauty Inventory Turnover and its Receivables Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sally Beauty Holdings. 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 Sally Beauty Holdings Inventory Turnover account and Receivables Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sally Beauty's Inventory Turnover and Receivables Turnover is -0.52. 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 Sally Beauty Holdings, assuming nothing else is changed. The correlation between historical values of Sally Beauty'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 Sally Beauty Holdings 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., Sally Beauty's Inventory Turnover and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

-0.52
Relationship DirectionNegative 
Relationship StrengthVery Weak

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 Sally Beauty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sally Beauty Holdings 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sally Beauty Holdings. 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.
As of now, Sally Beauty's Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit1.9B1.9B2.2B1.6B
Total Revenue3.8B3.7B4.3B3.4B

Sally Beauty fundamental ratios Correlations

0.15-0.11-0.75-0.570.840.720.730.720.840.430.910.660.770.120.640.520.940.410.49-0.070.68-0.750.770.790.63
0.150.18-0.450.12-0.380.69-0.110.69-0.32-0.430.150.1-0.40.93-0.360.140.44-0.730.16-0.51-0.340.34-0.42-0.03-0.1
-0.110.180.010.23-0.220.06-0.480.06-0.16-0.47-0.29-0.04-0.340.2-0.660.540.0-0.270.57-0.62-0.470.46-0.19-0.5-0.33
-0.75-0.450.010.69-0.46-0.81-0.41-0.81-0.490.06-0.68-0.8-0.46-0.57-0.44-0.26-0.81-0.05-0.240.4-0.510.41-0.41-0.73-0.18
-0.570.120.230.69-0.64-0.45-0.51-0.45-0.66-0.23-0.57-0.68-0.72-0.13-0.61-0.02-0.49-0.490.010.17-0.630.62-0.64-0.74-0.14
0.84-0.38-0.22-0.46-0.640.370.810.370.990.670.770.550.97-0.360.820.420.620.830.380.230.85-0.930.980.740.64
0.720.690.06-0.81-0.450.370.491.00.440.040.70.510.360.690.240.430.85-0.060.42-0.390.3-0.370.330.490.33
0.73-0.11-0.48-0.41-0.510.810.490.490.830.590.740.260.87-0.180.780.140.590.660.110.480.82-0.930.810.730.74
0.720.690.06-0.81-0.450.371.00.490.440.040.70.510.360.690.240.430.85-0.060.42-0.390.3-0.370.330.490.33
0.84-0.32-0.16-0.49-0.660.990.440.830.440.640.770.540.96-0.30.780.470.640.820.430.190.83-0.930.990.710.62
0.43-0.43-0.470.06-0.230.670.040.590.040.640.380.140.61-0.510.610.310.190.730.290.50.51-0.70.70.360.44
0.910.15-0.29-0.68-0.570.770.70.740.70.770.380.570.750.130.720.330.880.340.3-0.050.67-0.730.680.750.7
0.660.1-0.04-0.8-0.680.550.510.260.510.540.140.570.520.260.50.230.610.260.22-0.330.52-0.440.510.730.22
0.77-0.4-0.34-0.46-0.720.970.360.870.360.960.610.750.52-0.340.860.210.560.840.170.310.9-0.960.960.80.65
0.120.930.2-0.57-0.13-0.360.69-0.180.69-0.3-0.510.130.26-0.34-0.320.030.41-0.680.05-0.65-0.290.35-0.40.06-0.25
0.64-0.36-0.66-0.44-0.610.820.240.780.240.780.610.720.50.86-0.32-0.020.440.71-0.050.460.94-0.870.780.840.61
0.520.140.54-0.26-0.020.420.430.140.430.470.310.330.230.210.03-0.020.480.221.0-0.340.07-0.220.43-0.050.12
0.940.440.0-0.81-0.490.620.850.590.850.640.190.880.610.560.410.440.480.090.46-0.290.47-0.530.530.690.54
0.41-0.73-0.27-0.05-0.490.83-0.060.66-0.060.820.730.340.260.84-0.680.710.220.090.180.520.77-0.830.890.470.42
0.490.160.57-0.240.010.380.420.110.420.430.290.30.220.170.05-0.051.00.460.18-0.360.03-0.180.39-0.080.09
-0.07-0.51-0.620.40.170.23-0.390.48-0.390.190.5-0.05-0.330.31-0.650.46-0.34-0.290.52-0.360.46-0.440.280.190.38
0.68-0.34-0.47-0.51-0.630.850.30.820.30.830.510.670.520.9-0.290.940.070.470.770.030.46-0.890.850.850.6
-0.750.340.460.410.62-0.93-0.37-0.93-0.37-0.93-0.7-0.73-0.44-0.960.35-0.87-0.22-0.53-0.83-0.18-0.44-0.89-0.93-0.77-0.67
0.77-0.42-0.19-0.41-0.640.980.330.810.330.990.70.680.510.96-0.40.780.430.530.890.390.280.85-0.930.690.58
0.79-0.03-0.5-0.73-0.740.740.490.730.490.710.360.750.730.80.060.84-0.050.690.47-0.080.190.85-0.770.690.54
0.63-0.1-0.33-0.18-0.140.640.330.740.330.620.440.70.220.65-0.250.610.120.540.420.090.380.6-0.670.580.54
Click cells to compare fundamentals

Sally Beauty Account Relationship Matchups

Sally Beauty fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.9B2.8B2.6B2.7B3.1B2.0B
Total Stockholder Equity15.4M280.7M293.6M508.7M457.9M480.8M
Other Assets1.1B21.8M38.0M35.9M32.3M30.7M
Common Stock Shares Outstanding114.7M114.2M110.3M109.3M98.4M127.5M
Liabilities And Stockholders Equity2.9B2.8B2.6B2.7B3.1B2.0B
Other Stockholder Equity1.9M17.3M4.2M5.7M5.1M4.9M
Total Liab2.9B2.6B2.3B2.2B2.5B1.9B
Property Plant And Equipment Net840.7M845.1M830.1M868.4M998.7M1.0B
Non Currrent Assets Other23.1M21.8M38.0M40.6M46.6M49.0M
Property Plant And Equipment Gross840.7M845.1M830.1M868.4M998.7M1.0B
Short Long Term Debt Total2.3B1.9B1.7B1.7B1.9B1.6B
Other Current Liab156.9M198.3M147.0M147.5M169.6M168.9M
Total Current Liabilities563.4M664.9M667.9M579.3M666.1M511.9M
Other Liab125.1M114.8M107.5M116.4M133.8M73.2M
Net Debt1.8B1.5B1.7B1.6B1.8B1.5B
Retained Earnings117.1M357.0M440.2M624.8M718.5M754.4M
Accounts Payable236.3M291.6M275.7M258.9M297.7M263.8M
Cash514.2M401.0M70.6M123.0M141.5M134.7M
Non Current Assets Total1.5B1.5B1.4B1.5B1.7B1.0B
Long Term Debt1.8B1.4B1.1B1.1B1.2B1.5B
Cash And Short Term Investments514.2M401.0M70.6M123.0M141.5M135.9M
Net Receivables56.4M66.6M72.3M75.9M87.3M89.6M
Good Will540.0M541.2M526.1M533.1M613.0M547.6M
Common Stock Total Equity1.2M1.1M1.1M1.1M963K914.9K
Non Current Liabilities Total2.3B1.9B1.6B1.6B1.9B1.7B
Inventory814.5M871.3M936.4M975.2M1.1B834.4M
Other Current Assets48.0M44.7M53.2M53.9M62.0M45.2M
Total Current Assets1.4B1.4B1.1B1.2B1.4B1.1B
Accumulated Other Comprehensive Income(104.7M)(94.6M)(151.8M)(122.8M)(110.5M)(105.0M)
Short Term Debt153.4M156.4M226.4M154.7M177.8M186.7M
Intangible Assets58.3M55.5M50.3M55.2M49.7M63.7M
Common Stock1.1M1.1M1.1M1.1M956.7K908.9K
Property Plant Equipment315.0M845.1M830.1M868.4M998.7M1.0B
Current Deferred Revenue16.7M18.5M18.8M18.3M16.4M23.0M
Net Tangible Assets(582.9M)(316M)(282.7M)(79.5M)(91.4M)(96.0M)
Long Term Debt Total1.6B1.8B1.4B1.1B974.7M1.3B

Sally Beauty Investors Sentiment

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

Currently Active Assets on Macroaxis

When determining whether Sally Beauty Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sally Beauty'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 Sally Beauty Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sally Beauty Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sally Beauty Holdings. 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 Sally Beauty Holdings information on this page should be used as a complementary analysis to other Sally Beauty'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Sally Beauty's price analysis, check to measure Sally Beauty'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 Sally Beauty is operating at the current time. Most of Sally Beauty's value examination focuses on studying past and present price action to predict the probability of Sally Beauty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sally Beauty's price. Additionally, you may evaluate how the addition of Sally Beauty to your portfolios can decrease your overall portfolio volatility.
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Is Sally Beauty'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 Sally Beauty. If investors know Sally 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 Sally Beauty 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
(0.24)
Earnings Share
1.58
Revenue Per Share
34.591
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0723
The market value of Sally Beauty Holdings is measured differently than its book value, which is the value of Sally that is recorded on the company's balance sheet. Investors also form their own opinion of Sally Beauty's value that differs from its market value or its book value, called intrinsic value, which is Sally Beauty'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 Sally Beauty's market value can be influenced by many factors that don't directly affect Sally Beauty'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 Sally Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sally Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sally Beauty'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.