DLTR Stock | | | USD 75.99 0.20 0.26% |
Dollar Tree financial indicator trend analysis is much more than just examining Dollar Tree latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dollar Tree is a good investment. Please check the relationship between Dollar Tree Inventory Turnover and its Price To Sales Ratio accounts. Check out
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
To learn how to invest in Dollar Stock, please use our
How to Invest in Dollar Tree guide.
Inventory Turnover vs Price To Sales Ratio
Inventory Turnover vs Price To Sales Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Dollar Tree Inventory Turnover account and
Price To Sales Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Dollar Tree's Inventory Turnover and Price To Sales Ratio is 0.33. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Dollar Tree, assuming nothing else is changed. The correlation between historical values of Dollar Tree's Inventory Turnover and Price To Sales Ratio 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 Dollar Tree are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Inventory Turnover i.e., Dollar Tree's Inventory Turnover and Price To Sales Ratio go up and down completely randomly.
Correlation Coefficient | 0.33 |
Relationship Direction | Positive |
Relationship Strength | Very 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.
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Dollar Tree stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Dollar Tree sales, a figure that is much harder to manipulate than other Dollar Tree 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.
Most indicators from Dollar Tree's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dollar Tree 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
Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dollar Tree. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in estimate.
To learn how to invest in Dollar Stock, please use our
How to Invest in Dollar Tree guide.At this time, Dollar Tree's
Selling General Administrative is relatively stable compared to the past year. As of 12/28/2024,
Enterprise Value Over EBITDA is likely to grow to 7.69, while
Tax Provision is likely to drop slightly above 9.2
M.
Dollar Tree fundamental ratios Correlations
Click cells to compare fundamentals
Dollar Tree Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dollar Tree fundamental ratios Accounts
Additional Tools for Dollar Stock Analysis
When running Dollar Tree's price analysis, check to
measure Dollar Tree'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 Dollar Tree is operating at the current time. Most of Dollar Tree's value examination focuses on studying past and present price action to
predict the probability of Dollar Tree's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollar Tree's price. Additionally, you may evaluate how the addition of Dollar Tree to your portfolios can decrease your overall portfolio volatility.