Lam Payables Turnover vs Price To Sales Ratio Analysis

LRCX Stock  USD 894.41  34.40  3.70%   
Lam Research financial indicator trend analysis is infinitely more than just investigating Lam Research Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lam Research Corp is a good investment. Please check the relationship between Lam Research Payables Turnover and its Price To Sales Ratio accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Payables Turnover vs Price To Sales Ratio

Payables 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 Lam Research Corp Payables Turnover account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lam Research's Payables Turnover and Price To Sales Ratio is -0.13. Overlapping area represents the amount of variation of Payables Turnover that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Lam Research Corp, assuming nothing else is changed. The correlation between historical values of Lam Research's Payables 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 Payables Turnover of Lam Research Corp 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 Payables Turnover i.e., Lam Research's Payables Turnover and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.13
Relationship DirectionNegative 
Relationship StrengthInsignificant

Payables Turnover

A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Lam Research Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Lam Research sales, a figure that is much harder to manipulate than other Lam Research 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.
Most indicators from Lam Research's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lam Research 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Selling General Administrative is likely to rise to about 1 B in 2024, whereas Tax Provision is likely to drop slightly above 396.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit7.9B7.8B8.9B9.4B
Total Revenue17.2B17.4B20.0B21.0B

Lam Research fundamental ratios Correlations

0.90.880.980.910.960.120.940.910.940.910.780.90.30.930.930.83-0.840.970.99-0.350.960.31-0.310.880.31
0.90.720.870.680.840.360.840.910.740.80.820.830.190.970.790.69-0.820.960.93-0.240.840.13-0.210.740.12
0.880.720.850.830.95-0.040.960.790.880.950.520.760.00.810.970.65-0.850.850.86-0.560.920.03-0.550.960.03
0.980.870.850.880.940.180.920.850.890.890.720.940.30.890.920.88-0.840.950.97-0.320.960.27-0.30.870.27
0.910.680.830.880.84-0.140.790.790.920.750.740.720.50.70.810.77-0.590.780.88-0.170.820.54-0.150.770.54
0.960.840.950.940.840.140.990.840.950.980.590.890.110.920.980.79-0.920.950.93-0.530.980.15-0.50.960.15
0.120.36-0.040.18-0.140.140.16-0.070.040.160.070.27-0.110.30.090.31-0.310.260.150.030.17-0.170.250.12-0.17
0.940.840.960.920.790.990.160.830.90.990.570.890.020.930.990.77-0.950.950.93-0.590.980.04-0.540.970.03
0.910.910.790.850.790.84-0.070.830.780.790.850.760.250.90.80.6-0.740.90.93-0.270.830.21-0.340.740.21
0.940.740.880.890.920.950.040.90.780.90.610.80.320.820.90.8-0.770.870.88-0.390.90.43-0.360.890.43
0.910.80.950.890.750.980.160.990.790.90.480.88-0.040.910.990.75-0.950.930.88-0.640.970.02-0.60.970.02
0.780.820.520.720.740.590.070.570.850.610.480.560.560.710.520.52-0.440.730.810.180.590.470.20.430.47
0.90.830.760.940.720.890.270.890.760.80.880.560.140.880.880.9-0.880.930.91-0.490.950.13-0.420.840.12
0.30.190.00.30.50.11-0.110.020.250.32-0.040.560.140.080.010.370.150.160.290.570.070.850.53-0.040.85
0.930.970.810.890.70.920.30.930.90.820.910.710.880.080.880.73-0.920.990.94-0.460.920.08-0.40.840.08
0.930.790.970.920.810.980.090.990.80.90.990.520.880.010.880.77-0.930.920.91-0.60.980.03-0.570.990.03
0.830.690.650.880.770.790.310.770.60.80.750.520.90.370.730.77-0.70.80.82-0.310.840.35-0.190.750.34
-0.84-0.82-0.85-0.84-0.59-0.92-0.31-0.95-0.74-0.77-0.95-0.44-0.880.15-0.92-0.93-0.7-0.91-0.840.67-0.920.150.6-0.910.15
0.970.960.850.950.780.950.260.950.90.870.930.730.930.160.990.920.8-0.910.98-0.420.960.15-0.370.870.15
0.990.930.860.970.880.930.150.930.930.880.880.810.910.290.940.910.82-0.840.98-0.320.950.26-0.280.850.26
-0.35-0.24-0.56-0.32-0.17-0.530.03-0.59-0.27-0.39-0.640.18-0.490.57-0.46-0.6-0.310.67-0.42-0.32-0.560.450.82-0.610.45
0.960.840.920.960.820.980.170.980.830.90.970.590.950.070.920.980.84-0.920.960.95-0.560.1-0.480.950.1
0.310.130.030.270.540.15-0.170.040.210.430.020.470.130.850.080.030.350.150.150.260.450.10.440.011.0
-0.31-0.21-0.55-0.3-0.15-0.50.25-0.54-0.34-0.36-0.60.2-0.420.53-0.4-0.57-0.190.6-0.37-0.280.82-0.480.44-0.60.44
0.880.740.960.870.770.960.120.970.740.890.970.430.84-0.040.840.990.75-0.910.870.85-0.610.950.01-0.60.0
0.310.120.030.270.540.15-0.170.030.210.430.020.470.120.850.080.030.340.150.150.260.450.11.00.440.0
Click cells to compare fundamentals

Lam Research Account Relationship Matchups

Lam Research fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets14.6B15.9B17.2B18.8B21.6B22.7B
Short Long Term Debt Total5.8B5.0B5.0B5.0B5.8B6.1B
Other Current Liab1.3B1.7B2.0B4.2B4.8B5.0B
Total Current Liabilities3.2B3.5B4.6B4.2B4.8B5.1B
Total Stockholder Equity5.2B6.0B6.3B8.2B9.4B9.9B
Property Plant And Equipment Net1.1B1.3B1.6B1.9B2.1B2.2B
Net Debt895.6M583.4M1.5B(325.5M)(293.0M)(278.3M)
Retained Earnings11.5B14.7B18.5B22.0B25.3B26.6B
Cash4.9B4.4B3.5B5.3B6.1B6.4B
Non Current Assets Total3.7B4.2B4.9B5.6B6.4B6.7B
Non Currrent Assets Other981.0M1.3B1.6B1.9B2.2B2.3B
Cash And Short Term Investments6.7B5.7B3.7B5.4B6.2B6.5B
Net Receivables2.1B3.0B4.3B2.8B3.2B3.4B
Common Stock Shares Outstanding149.1M145.3M140.6M135.8M156.2M132.1M
Liabilities And Stockholders Equity14.6B15.9B17.2B18.8B21.6B22.7B
Non Current Liabilities Total6.2B6.3B6.4B6.4B7.3B7.7B
Inventory1.9B2.7B4.0B4.8B5.5B5.8B
Other Current Assets146.2M207.5M347.4M214.1M246.3M258.6M
Other Stockholder Equity(6.2B)(8.6B)(12.1B)(13.7B)(12.3B)(11.7B)
Total Liab9.4B9.9B10.9B10.6B12.2B12.8B
Total Current Assets10.9B11.7B12.3B13.2B15.2B16.0B
Short Term Debt839.9M11.3M7.4M8.4M9.6M9.1M
Accounts Payable376.6M592.4M829.7M1.0B1.2B1.2B
Common Stock Total Equity145K143K137K133K153.0K135.8K
Short Term Investments1.8B1.3B135.7M37.6M43.3M41.1M
Property Plant And Equipment Gross1.2B1.3B3.1B3.5B4.0B4.2B
Accumulated Other Comprehensive Income(94.2M)(64.1M)(110.0M)(100.7M)(90.6M)(86.1M)
Common Stock145K143K137K133K153.0K135.0K
Current Deferred Revenue457.5M967.3M1.6B(1.0B)(1.2B)(1.1B)
Other Assets806.5M1.3B1.6B1.6B1.8B1.9B
Long Term Debt5.0B5.0B5.0B5.0B5.8B6.0B
Treasury Stock(11.6B)(12.9B)(15.6B)(19.5B)(17.5B)(16.7B)
Property Plant Equipment1.2B1.3B1.6B2.1B2.4B2.5B
Other Liab1.1B1.3B1.4B1.2B1.4B1.5B
Intangible Assets168.5M132.4M101.9M168.5M193.7M184.0M
Good Will1.7B1.6B1.5B1.6B1.9B1.6B
Net Tangible Assets3.5B4.4B4.7B6.4B7.4B4.1B
Retained Earnings Total Equity11.5B14.7B18.5B22.0B25.3B26.6B
Long Term Debt Total5.0B5.0B5.0B5.0B5.8B3.0B
Capital Surpluse6.7B7.1B7.4B7.8B9.0B6.4B

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When determining whether Lam Research Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lam Research'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 Lam Research Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lam Research Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lam Research Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Lam Research Corp information on this page should be used as a complementary analysis to other Lam Research'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Lam Research's price analysis, check to measure Lam Research'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 Lam Research is operating at the current time. Most of Lam Research's value examination focuses on studying past and present price action to predict the probability of Lam Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lam Research's price. Additionally, you may evaluate how the addition of Lam Research to your portfolios can decrease your overall portfolio volatility.
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Is Lam Research'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 Lam Research. If investors know Lam 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 Lam Research 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
0.221
Dividend Share
7.725
Earnings Share
27.27
Revenue Per Share
107.675
Quarterly Revenue Growth
(0.02)
The market value of Lam Research Corp is measured differently than its book value, which is the value of Lam that is recorded on the company's balance sheet. Investors also form their own opinion of Lam Research's value that differs from its market value or its book value, called intrinsic value, which is Lam Research'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 Lam Research's market value can be influenced by many factors that don't directly affect Lam Research'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 Lam Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lam Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lam Research'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.