Calavo Price To Sales Ratio vs Days Sales Outstanding Analysis

CVGW Stock  USD 27.78  0.07  0.25%   
Calavo Growers financial indicator trend analysis is way more than just evaluating Calavo Growers prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Calavo Growers is a good investment. Please check the relationship between Calavo Growers Price To Sales Ratio and its Days Sales Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Calavo Growers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.

Price To Sales Ratio vs Days Sales Outstanding

Price To Sales Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Calavo Growers Price To Sales Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Calavo Growers' Price To Sales Ratio and Days Sales Outstanding is -0.36. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Calavo Growers, assuming nothing else is changed. The correlation between historical values of Calavo Growers' Price To Sales Ratio and Days Sales Outstanding 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 Calavo Growers are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Price To Sales Ratio i.e., Calavo Growers' Price To Sales Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.36
Relationship DirectionNegative 
Relationship StrengthInsignificant

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Calavo Growers stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Calavo Growers sales, a figure that is much harder to manipulate than other Calavo Growers 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.

Days Sales Outstanding

Most indicators from Calavo Growers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Calavo Growers 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Calavo Growers. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For more information on how to buy Calavo Stock please use our How to Invest in Calavo Growers guide.Tax Provision is likely to climb to about 8.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 39.2 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit73.8M70.0M80.4M73.7M
Total Revenue1.2B971.9M1.1B693.0M

Calavo Growers fundamental ratios Correlations

0.440.930.420.320.910.430.770.710.90.790.770.50.75-0.140.990.580.34-0.140.80.940.970.580.540.91-0.23
0.440.141.00.370.460.950.550.90.190.160.75-0.220.09-0.460.440.580.91-0.460.240.470.520.80.830.4-0.03
0.930.140.120.290.870.140.760.480.910.790.630.670.740.020.910.510.080.020.820.90.860.410.380.85-0.23
0.421.00.120.40.430.960.530.880.180.120.75-0.240.05-0.530.430.580.91-0.530.210.440.50.790.830.37-0.05
0.320.370.290.40.280.590.530.420.31-0.180.660.170.1-0.460.410.830.47-0.46-0.060.340.330.450.690.1-0.78
0.910.460.870.430.280.410.870.720.770.760.710.350.76-0.010.870.590.33-0.010.780.990.880.710.620.9-0.17
0.430.950.140.960.590.410.530.880.240.030.81-0.130.1-0.540.470.730.93-0.540.090.430.510.790.890.3-0.33
0.770.550.760.530.530.870.530.740.660.560.80.230.55-0.160.750.690.44-0.160.690.880.720.80.750.76-0.24
0.710.90.480.880.420.720.880.740.560.490.90.120.45-0.30.720.710.79-0.30.470.730.740.870.860.63-0.18
0.90.190.910.180.310.770.240.660.560.80.670.680.77-0.070.910.520.11-0.070.710.820.820.420.360.77-0.35
0.790.160.790.12-0.180.760.030.560.490.80.420.460.810.270.730.12-0.040.270.860.760.720.330.130.840.21
0.770.750.630.750.660.710.810.80.90.670.420.360.42-0.420.820.840.71-0.420.420.760.780.740.890.57-0.4
0.5-0.220.67-0.240.170.35-0.130.230.120.680.460.360.410.170.550.35-0.10.170.340.410.43-0.080.060.29-0.29
0.750.090.740.050.10.760.10.550.450.770.810.420.410.330.710.31-0.020.330.620.760.690.390.280.74-0.26
-0.14-0.460.02-0.53-0.46-0.01-0.54-0.16-0.3-0.070.27-0.420.170.33-0.21-0.37-0.441.00.15-0.08-0.19-0.32-0.440.040.29
0.990.440.910.430.410.870.470.750.720.910.730.820.550.71-0.210.640.38-0.210.710.910.960.550.590.83-0.31
0.580.580.510.580.830.590.730.690.710.520.120.840.350.31-0.370.640.62-0.370.170.630.610.70.860.38-0.66
0.340.910.080.910.470.330.930.440.790.11-0.040.71-0.1-0.02-0.440.380.62-0.440.110.350.420.660.830.25-0.21
-0.14-0.460.02-0.53-0.46-0.01-0.54-0.16-0.3-0.070.27-0.420.170.331.0-0.21-0.37-0.440.15-0.08-0.19-0.32-0.440.040.29
0.80.240.820.21-0.060.780.090.690.470.710.860.420.340.620.150.710.170.110.150.780.740.430.210.930.23
0.940.470.90.440.340.990.430.880.730.820.760.760.410.76-0.080.910.630.35-0.080.780.910.70.640.9-0.21
0.970.520.860.50.330.880.510.720.740.820.720.780.430.69-0.190.960.610.42-0.190.740.910.630.590.89-0.23
0.580.80.410.790.450.710.790.80.870.420.330.74-0.080.39-0.320.550.70.66-0.320.430.70.630.830.62-0.24
0.540.830.380.830.690.620.890.750.860.360.130.890.060.28-0.440.590.860.83-0.440.210.640.590.830.41-0.44
0.910.40.850.370.10.90.30.760.630.770.840.570.290.740.040.830.380.250.040.930.90.890.620.410.01
-0.23-0.03-0.23-0.05-0.78-0.17-0.33-0.24-0.18-0.350.21-0.4-0.29-0.260.29-0.31-0.66-0.210.290.23-0.21-0.23-0.24-0.440.01
Click cells to compare fundamentals

Calavo Growers Account Relationship Matchups

Calavo Growers fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets429.6M445.4M385.7M386.9M444.9M245.6M
Short Long Term Debt Total92.3M109.2M66.3M98.8M113.6M119.3M
Total Stockholder Equity256.0M226.9M223.4M208.8M240.2M148.0M
Net Debt88.3M107.3M64.2M96.7M111.2M116.8M
Other Assets69.6M35.0M45.8M52.6M60.5M63.5M
Common Stock Shares Outstanding17.6M17.6M17.7M17.8M20.4M16.7M
Liabilities And Stockholders Equity429.6M445.4M385.7M386.9M444.9M245.6M
Non Current Liabilities Total67.3M103.9M60.4M94.9M109.1M114.6M
Other Stockholder Equity165M168.1M171.2M176.5M203.0M213.1M
Total Liab173.6M218.5M162.4M176.6M203.1M213.3M
Other Current Liab49.5M65.0M54.3M42.1M48.4M35.5M
Total Current Liabilities106.3M114.6M102.0M81.7M94.0M74.2M
Property Plant And Equipment Net190.5M178.1M167.8M160.8M184.9M194.1M
Retained Earnings89.5M57.4M51.1M32.3M37.2M47.3M
Accounts Payable20.7M32.8M30.7M30.3M34.9M18.1M
Cash4.1M1.9M2.1M2.1M2.4M4.1M
Non Current Assets Total293.7M292.8M260.1M253.5M291.5M156.0M
Non Currrent Assets Other32.6M40.5M47.2M52.5M60.3M63.3M
Cash And Short Term Investments4.1M1.9M2.1M2.1M2.4M4.1M
Net Receivables80.0M78.9M59.0M61.4M70.6M52.1M
Inventory41.8M40.8M38.8M39.4M45.3M25.5M
Other Current Assets15.8M31.1M25.8M30.5M35.0M36.8M
Property Plant And Equipment Gross190.5M178.1M167.8M276.7M318.2M334.1M
Total Current Assets135.9M152.6M125.7M133.4M153.4M98.1M
Short Term Debt36.1M16.8M17.0M9.3M10.7M17.6M
Property Plant Equipment132.1M190.5M178.1M167.8M193.0M202.7M
Intangible Assets10.3M8.8M7.2M5.7M6.6M5.8M
Net Tangible Assets265.5M215.6M189.5M186.5M214.5M195.4M
Long Term Debt Total5.4M5.7M5.6M4.4M4.0M4.3M
Capital Surpluse161.6M165M168.1M171.2M196.9M144.8M

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Additional Tools for Calavo Stock Analysis

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