Silicon Days Payables Outstanding vs Ev To Sales Analysis
SIMO Stock | USD 53.07 0.64 1.22% |
Silicon Motion financial indicator trend analysis is much more than just breaking down Silicon Motion Technology prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silicon Motion Technology is a good investment. Please check the relationship between Silicon Motion Days Payables Outstanding and its Ev To Sales accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Days Payables Outstanding vs Ev To Sales
Days Payables Outstanding vs Ev To Sales Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silicon Motion Technology Days Payables Outstanding account and Ev To Sales. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Silicon Motion's Days Payables Outstanding and Ev To Sales is 0.82. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Ev To Sales in the same time period over historical financial statements of Silicon Motion Technology, assuming nothing else is changed. The correlation between historical values of Silicon Motion's Days Payables Outstanding and Ev To Sales is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Silicon Motion Technology are associated (or correlated) with its Ev To Sales. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ev To Sales has no effect on the direction of Days Payables Outstanding i.e., Silicon Motion's Days Payables Outstanding and Ev To Sales go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Days Payables Outstanding
Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most indicators from Silicon Motion's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silicon Motion Technology 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 Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. As of the 1st of December 2024, Selling General Administrative is likely to drop to about 26.2 M. In addition to that, Tax Provision is likely to drop to about 11.2 M
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 460.8M | 465.8M | 270.4M | 178.7M | Total Revenue | 922.1M | 945.9M | 639.1M | 368.8M |
Silicon Motion fundamental ratios Correlations
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Silicon Motion Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silicon Motion fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 697.7M | 742.1M | 971.3M | 961.3M | 1.0B | 1.1B | |
Total Stockholder Equity | 536.8M | 557.7M | 657.6M | 732.6M | 734.7M | 771.4M | |
Net Debt | (320.1M) | (339.9M) | (357.2M) | (229.0M) | (312.0M) | (296.4M) | |
Cash | 323.2M | 343.0M | 360.1M | 232.2M | 314.3M | 182.0M | |
Other Assets | 5.1M | 7.3M | 20.2M | 24.6M | 28.3M | 29.7M | |
Cash And Short Term Investments | 325.2M | 343.0M | 360.1M | 232.2M | 314.3M | 201.6M | |
Common Stock Shares Outstanding | 35.3M | 35.0M | 35.0M | 33.4M | 33.5M | 35.0M | |
Liabilities And Stockholders Equity | 697.7M | 742.1M | 971.3M | 961.3M | 1.0B | 1.1B | |
Other Stockholder Equity | 265.2M | 275.1M | 244.6M | 303.6M | 321.1M | 198.1M | |
Total Liab | 160.9M | 184.3M | 313.8M | 228.6M | 273.3M | 286.9M | |
Total Current Assets | 565.2M | 607.0M | 818.1M | 787.9M | 793.2M | 832.9M | |
Other Current Liab | 14.3M | 104.3M | 153.6M | 102.5M | 147.3M | 154.7M | |
Total Current Liabilities | 125.8M | 158.7M | 281.6M | 183.9M | 212.8M | 223.5M | |
Property Plant And Equipment Net | 97.8M | 105.5M | 124.5M | 139.4M | 181.5M | 190.6M | |
Retained Earnings | 271.0M | 281.6M | 412.1M | 425.1M | 411.2M | 431.7M | |
Accounts Payable | 30.7M | 44.5M | 80.8M | 36.0M | 55.6M | 29.4M | |
Non Current Assets Total | 132.5M | 135.1M | 153.2M | 173.3M | 214.7M | 108.6M | |
Non Currrent Assets Other | 10.3M | 24.6M | 20.2M | 11.9M | 16.1M | 16.9M | |
Net Receivables | 108.7M | 115.8M | 208.6M | 206.1M | 194.7M | 204.4M | |
Common Stock Total Equity | 1.4M | 1.4M | 1.4M | 1.4M | 1.2M | 1.2M | |
Non Current Liabilities Total | 35.2M | 25.6M | 32.2M | 44.8M | 60.5M | 63.5M | |
Inventory | 88.4M | 110.2M | 163.1M | 288.0M | 217.0M | 227.8M | |
Other Current Assets | 18.8M | 49.1M | 86.4M | 61.7M | 67.3M | 70.7M | |
Property Plant And Equipment Gross | 107.1M | 112.2M | 212.8M | 245.7M | 294.2M | 308.9M | |
Accumulated Other Comprehensive Income | (785K) | (349K) | (540K) | 2.6M | 1.2M | 1.2M | |
Common Stock | 1.4M | 1.4M | 1.4M | 1.3M | 1.3M | 1.3M | |
Other Liab | 23.8M | 24.8M | 32.2M | 44.8M | 51.5M | 54.1M | |
Intangible Assets | 17.5M | 6.2M | 6.5M | 3.8M | 4.6M | 5.3M | |
Property Plant Equipment | 103.3M | 105.5M | 124.5M | 139.4M | 160.3M | 168.4M | |
Current Deferred Revenue | 77.7M | 98.4M | 178.3M | 6.9M | 6.4M | 6.1M | |
Short Term Debt | 3.0M | 3.1M | 2.9M | 3.2M | 2.3M | 2.2M | |
Good Will | 17.5M | (10.9M) | (12.8M) | (4.6M) | (4.1M) | (3.9M) | |
Long Term Investments | 3M | 5M | 8.5M | 9.3M | 17.1M | 18.0M | |
Net Tangible Assets | 515.7M | 551.5M | 657.6M | 732.6M | 842.5M | 518.7M |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silicon Motion Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Semiconductors & Semiconductor Equipment space 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 Silicon Motion. If investors know Silicon 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 Silicon Motion 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 0.953 | Earnings Share 2.66 | Revenue Per Share 24.268 | Quarterly Revenue Growth 0.233 | Return On Assets 0.0554 |
The market value of Silicon Motion Technology is measured differently than its book value, which is the value of Silicon that is recorded on the company's balance sheet. Investors also form their own opinion of Silicon Motion's value that differs from its market value or its book value, called intrinsic value, which is Silicon Motion'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 Silicon Motion's market value can be influenced by many factors that don't directly affect Silicon Motion'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 Silicon Motion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Silicon Motion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Silicon Motion'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.