IMPACT Price To Sales Ratio vs Days Payables Outstanding Analysis

IPT Stock  CAD 0.25  0.01  4.17%   
IMPACT Silver financial indicator trend analysis is infinitely more than just investigating IMPACT Silver Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether IMPACT Silver Corp is a good investment. Please check the relationship between IMPACT Silver Price To Sales Ratio and its Days Payables Outstanding accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IMPACT Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Price To Sales Ratio vs Days Payables Outstanding

Price To Sales Ratio vs Days Payables Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of IMPACT Silver Corp Price To Sales Ratio account and Days Payables Outstanding. At this time, the significance of the direction appears to have very week relationship.
The correlation between IMPACT Silver's Price To Sales Ratio and Days Payables Outstanding is 0.23. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Payables Outstanding in the same time period over historical financial statements of IMPACT Silver Corp, assuming nothing else is changed. The correlation between historical values of IMPACT Silver's Price To Sales Ratio and Days Payables 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 IMPACT Silver Corp are associated (or correlated) with its Days Payables Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Payables Outstanding has no effect on the direction of Price To Sales Ratio i.e., IMPACT Silver's Price To Sales Ratio and Days Payables Outstanding go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Price To Sales Ratio

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

Most indicators from IMPACT Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IMPACT Silver Corp 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 IMPACT Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to climb to about 2.1 M in 2024, whereas Selling General Administrative is likely to drop slightly above 2.5 M in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses17.5M18.9M27.3M28.6M
Depreciation And Amortization1.4M1.5M1.9M1.4M

IMPACT Silver fundamental ratios Correlations

0.340.451.00.66-0.43-0.240.370.440.640.440.480.550.270.570.560.760.830.320.17-0.06-0.380.44-0.250.49-0.24
0.340.910.310.73-0.08-0.730.920.070.740.07-0.110.84-0.050.810.080.380.460.95-0.23-0.75-0.580.48-0.440.7-0.68
0.450.910.410.81-0.09-0.560.950.090.820.080.170.760.050.930.140.520.60.9-0.16-0.6-0.480.35-0.390.53-0.65
1.00.310.410.62-0.49-0.220.330.510.60.510.460.550.310.520.620.70.820.280.19-0.03-0.380.46-0.240.49-0.23
0.660.730.810.620.07-0.620.78-0.071.0-0.060.340.79-0.140.950.030.830.570.770.03-0.41-0.560.23-0.50.52-0.6
-0.43-0.08-0.09-0.490.07-0.09-0.07-1.00.09-1.00.05-0.3-0.690.05-0.980.2-0.450.02-0.180.010.15-0.46-0.01-0.310.11
-0.24-0.73-0.56-0.22-0.62-0.09-0.730.1-0.590.110.46-0.850.5-0.530.16-0.29-0.14-0.710.30.780.9-0.260.87-0.840.87
0.370.920.950.330.78-0.07-0.730.050.780.05-0.060.84-0.060.870.070.440.510.94-0.13-0.75-0.650.35-0.580.67-0.82
0.440.070.090.51-0.07-1.00.10.05-0.091.0-0.020.290.68-0.050.98-0.20.45-0.040.170.02-0.140.460.020.3-0.08
0.640.740.820.61.00.09-0.590.78-0.09-0.090.370.77-0.140.960.010.840.580.790.03-0.38-0.520.25-0.450.49-0.57
0.440.070.080.51-0.06-1.00.110.051.0-0.09-0.010.280.7-0.050.98-0.190.46-0.040.20.02-0.140.460.030.3-0.08
0.48-0.110.170.460.340.050.46-0.06-0.020.37-0.01-0.150.310.360.170.580.46-0.030.280.520.350.050.42-0.340.34
0.550.840.760.550.79-0.3-0.850.840.290.770.28-0.15-0.10.730.280.430.520.81-0.06-0.64-0.850.52-0.710.89-0.85
0.27-0.050.050.31-0.14-0.690.5-0.060.68-0.140.70.31-0.1-0.020.74-0.070.43-0.080.560.10.40.180.46-0.180.29
0.570.810.930.520.950.05-0.530.87-0.050.96-0.050.360.73-0.020.040.770.610.86-0.01-0.46-0.430.25-0.370.44-0.57
0.560.080.140.620.03-0.980.160.070.980.010.980.170.280.740.04-0.050.57-0.020.250.09-0.10.490.080.27-0.04
0.760.380.520.70.830.2-0.290.44-0.20.84-0.190.580.43-0.070.77-0.050.60.480.16-0.11-0.230.11-0.220.25-0.21
0.830.460.60.820.57-0.45-0.140.510.450.580.460.460.520.430.610.570.60.470.3-0.08-0.270.67-0.070.49-0.27
0.320.950.90.280.770.02-0.710.94-0.040.79-0.04-0.030.81-0.080.86-0.020.480.47-0.1-0.71-0.520.44-0.430.65-0.71
0.17-0.23-0.160.190.03-0.180.3-0.130.170.030.20.28-0.060.56-0.010.250.160.3-0.10.250.240.020.23-0.140.13
-0.06-0.75-0.6-0.03-0.410.010.78-0.750.02-0.380.020.52-0.640.1-0.460.09-0.11-0.08-0.710.250.61-0.070.67-0.610.72
-0.38-0.58-0.48-0.38-0.560.150.9-0.65-0.14-0.52-0.140.35-0.850.4-0.43-0.1-0.23-0.27-0.520.240.61-0.330.92-0.870.89
0.440.480.350.460.23-0.46-0.260.350.460.250.460.050.520.180.250.490.110.670.440.02-0.07-0.330.010.68-0.25
-0.25-0.44-0.39-0.24-0.5-0.010.87-0.580.02-0.450.030.42-0.710.46-0.370.08-0.22-0.07-0.430.230.670.920.01-0.690.87
0.490.70.530.490.52-0.31-0.840.670.30.490.3-0.340.89-0.180.440.270.250.490.65-0.14-0.61-0.870.68-0.69-0.78
-0.24-0.68-0.65-0.23-0.60.110.87-0.82-0.08-0.57-0.080.34-0.850.29-0.57-0.04-0.21-0.27-0.710.130.720.89-0.250.87-0.78
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IMPACT Silver Account Relationship Matchups

IMPACT Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets50.0M64.8M66.5M68.8M88.6M44.5M
Total Current Liabilities2.5M2.7M2.5M2.0M6.7M7.1M
Total Stockholder Equity42.5M58.7M60.0M61.8M74.1M38.6M
Property Plant And Equipment Net43.1M41.3M42.6M49.9M69.2M72.6M
Net Debt(3.6M)(20.3M)(20.8M)(15.1M)(8.2M)(8.6M)
Retained Earnings(26.4M)(24.1M)(24.6M)(27.8M)(35.3M)(33.6M)
Accounts Payable2.4M2.6M2.4M1.9M6.7M7.0M
Cash3.8M20.4M21.1M15.3M8.3M8.3M
Non Current Assets Total43.9M41.9M42.6M50.4M74.3M78.0M
Cash And Short Term Investments3.8M20.4M21.2M15.5M8.4M8.4M
Net Receivables1.4M1.2M1.5M1.4M3.0M2.1M
Common Stock Shares Outstanding99.8M131.9M144.6M147.3M180.7M189.7M
Liabilities And Stockholders Equity50.0M64.8M66.5M68.8M88.6M44.5M
Other Stockholder Equity9.8M10.5M11.6M11.3M14.3M12.9M
Total Liab7.5M6.1M6.6M7.0M14.4M15.2M
Total Current Assets6.1M23.0M24.0M18.4M14.3M11.5M
Non Current Liabilities Total5.0M3.5M4.1M5.0M7.7M4.8M
Inventory539.0K1.2M1.1M1.1M2.1M1.1M
Accumulated Other Comprehensive Income(4.9M)(7.0M)(8.1M)(3.9M)238.0K249.9K
Other Current Assets335.7K160.3K249.8K310.7K843.9K886.1K
Short Term Investments2.5K0.085K240K90K112.0K
Non Currrent Assets Other(5.0M)(476.9K)(1.0M)(648.6K)(6.0M)(5.7M)
Other Liab5.2M4.9M3.5M4.0M3.6M4.0M
Net Tangible Assets41.3M42.5M58.7M60.0M69.0M54.5M
Other Assets537.9K667.4K725.4K575.2K517.7K491.8K
Common Stock63.9M79.3M81.1M82.2M94.9M74.1M
Property Plant Equipment45.6M43.1M41.3M42.6M38.3M35.8M
Net Invested Capital42.5M58.7M60.0M61.8M74.1M59.9M
Net Working Capital3.6M20.3M21.5M16.4M7.6M11.8M
Capital Stock63.9M79.3M81.1M82.2M94.9M84.6M

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Additional Tools for IMPACT Stock Analysis

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