Alaska Days Sales Outstanding vs Price To Sales Ratio Analysis

ALK Stock

USD 42.02 0.84 2.04%

Alaska Air financial indicator trend analysis is way more than just evaluating Alaska Air Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alaska Air Group is a good investment. Please check the relationship between Alaska Air Days Sales Outstanding and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Days Sales Outstanding vs Price To Sales Ratio

Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alaska Air Group Days Sales Outstanding account and Price To Sales Ratio. At this time, the significance of the direction appears to have weak relationship.

The correlation between Alaska Air's Days Sales Outstanding and Price To Sales Ratio is 0.31. Overlapping area represents the amount of variation of Days Sales Outstanding that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Alaska Air Group, assuming nothing else is changed. The correlation between historical values of Alaska Air's Days Sales Outstanding 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 Days Sales Outstanding of Alaska Air Group 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 Days Sales Outstanding i.e., Alaska Air's Days Sales Outstanding and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.31

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Days Sales Outstanding

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Alaska Air Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Alaska Air sales, a figure that is much harder to manipulate than other Alaska Air Group 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 Alaska Air's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alaska Air Group 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 Alaska Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

At this time, Alaska Air's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.30 this year, although Enterprise Value Multiple will most likely fall to 3.94.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	680M	1.0B	1.0B	1.5B
Cost Of Revenue	4.8B	8.0B	8.5B	8.9B

Total Operating Expenses Cost Of Revenue

Alaska Air fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.93	0.86	0.99	0.94	0.99	0.96	0.92	0.2	0.99	0.36	0.63	0.88	0.23	0.99	0.82	0.09	-0.64	0.99	0.8	0.67	0.71	0.72	0.69	0.87	-0.55
Short Long Term Debt Total	0.93		0.8	0.94	0.78	0.87	0.96	0.79	0.43	0.89	0.36	0.75	0.86	0.09	0.95	0.63	0.01	-0.61	0.95	0.78	0.77	0.86	0.65	0.68	0.77	-0.52
Other Current Liab	0.86	0.8		0.84	0.86	0.88	0.79	0.86	0.22	0.86	0.11	0.57	0.74	0.35	0.83	0.67	0.0	-0.61	0.84	0.52	0.6	0.72	0.37	0.46	0.55	-0.48
Total Current Liabilities	0.99	0.94	0.84		0.89	0.97	0.96	0.86	0.27	0.97	0.29	0.68	0.86	0.23	0.98	0.82	0.01	-0.58	0.99	0.86	0.72	0.75	0.76	0.71	0.89	-0.53
Total Stockholder Equity	0.94	0.78	0.86	0.89		0.96	0.87	0.99	-0.06	0.95	0.39	0.5	0.83	0.25	0.88	0.77	0.18	-0.72	0.89	0.62	0.55	0.53	0.6	0.63	0.78	-0.59
Property Plant And Equipment Net	0.99	0.87	0.88	0.97	0.96		0.93	0.93	0.11	0.99	0.3	0.55	0.82	0.28	0.96	0.87	0.07	-0.61	0.97	0.77	0.6	0.64	0.7	0.66	0.85	-0.54
Net Debt	0.96	0.96	0.79	0.96	0.87	0.93		0.86	0.18	0.95	0.35	0.62	0.85	0.04	0.97	0.75	-0.01	-0.65	0.97	0.84	0.66	0.73	0.75	0.7	0.86	-0.54
Retained Earnings	0.92	0.79	0.86	0.86	0.99	0.93	0.86		-0.03	0.93	0.44	0.5	0.84	0.16	0.86	0.68	0.22	-0.82	0.87	0.57	0.55	0.57	0.53	0.61	0.72	-0.68
Cash	0.2	0.43	0.22	0.27	-0.06	0.11	0.18	-0.03		0.12	0.09	0.53	0.28	0.16	0.29	-0.06	0.01	0.06	0.28	0.21	0.49	0.66	-0.01	0.12	0.04	-0.06
Non Current Assets Total	0.99	0.89	0.86	0.97	0.95	0.99	0.95	0.93	0.12		0.38	0.53	0.83	0.19	0.97	0.83	0.09	-0.66	0.97	0.78	0.58	0.65	0.71	0.69	0.86	-0.57
Non Currrent Assets Other	0.36	0.36	0.11	0.29	0.39	0.3	0.35	0.44	0.09	0.38		0.2	0.43	-0.16	0.38	0.05	0.8	-0.52	0.34	0.09	0.21	0.28	0.08	0.28	0.31	-0.35
Cash And Short Term Investments	0.63	0.75	0.57	0.68	0.5	0.55	0.62	0.5	0.53	0.53	0.2		0.76	0.34	0.64	0.28	0.07	-0.37	0.65	0.49	0.99	0.79	0.36	0.51	0.48	-0.29
Net Receivables	0.88	0.86	0.74	0.86	0.83	0.82	0.85	0.84	0.28	0.83	0.43	0.76		0.19	0.87	0.52	0.17	-0.69	0.87	0.64	0.79	0.77	0.55	0.56	0.7	-0.63
Common Stock Shares Outstanding	0.23	0.09	0.35	0.23	0.25	0.28	0.04	0.16	0.16	0.19	-0.16	0.34	0.19		0.2	0.38	0.21	0.28	0.21	0.01	0.4	0.07	-0.02	-0.07	0.13	0.3
Non Current Liabilities Total	0.99	0.95	0.83	0.98	0.88	0.96	0.97	0.86	0.29	0.97	0.38	0.64	0.87	0.2		0.79	0.08	-0.59	1.0	0.83	0.68	0.75	0.72	0.67	0.86	-0.51
Inventory	0.82	0.63	0.67	0.82	0.77	0.87	0.75	0.68	-0.06	0.83	0.05	0.28	0.52	0.38	0.79		-0.06	-0.24	0.81	0.8	0.36	0.34	0.77	0.54	0.86	-0.24
Other Current Assets	0.09	0.01	0.0	0.01	0.18	0.07	-0.01	0.22	0.01	0.09	0.8	0.07	0.17	0.21	0.08	-0.06		-0.24	0.05	-0.27	0.09	0.06	-0.32	-0.15	-0.02	-0.09
Other Stockholder Equity	-0.64	-0.61	-0.61	-0.58	-0.72	-0.61	-0.65	-0.82	0.06	-0.66	-0.52	-0.37	-0.69	0.28	-0.59	-0.24	-0.24		-0.59	-0.31	-0.37	-0.49	-0.27	-0.44	-0.43	0.85
Total Liab	0.99	0.95	0.84	0.99	0.89	0.97	0.97	0.87	0.28	0.97	0.34	0.65	0.87	0.21	1.0	0.81	0.05	-0.59		0.84	0.7	0.76	0.74	0.69	0.88	-0.52
Property Plant And Equipment Gross	0.8	0.78	0.52	0.86	0.62	0.77	0.84	0.57	0.21	0.78	0.09	0.49	0.64	0.01	0.83	0.8	-0.27	-0.31	0.84		0.53	0.55	0.94	0.71	0.93	-0.38
Total Current Assets	0.67	0.77	0.6	0.72	0.55	0.6	0.66	0.55	0.49	0.58	0.21	0.99	0.79	0.4	0.68	0.36	0.09	-0.37	0.7	0.53		0.78	0.41	0.56	0.54	-0.3
Short Term Debt	0.71	0.86	0.72	0.75	0.53	0.64	0.73	0.57	0.66	0.65	0.28	0.79	0.77	0.07	0.75	0.34	0.06	-0.49	0.76	0.55	0.78		0.3	0.41	0.44	-0.4
Intangible Assets	0.72	0.65	0.37	0.76	0.6	0.7	0.75	0.53	-0.01	0.71	0.08	0.36	0.55	-0.02	0.72	0.77	-0.32	-0.27	0.74	0.94	0.41	0.3		0.78	0.93	-0.35
Accounts Payable	0.69	0.68	0.46	0.71	0.63	0.66	0.7	0.61	0.12	0.69	0.28	0.51	0.56	-0.07	0.67	0.54	-0.15	-0.44	0.69	0.71	0.56	0.41	0.78		0.76	-0.46
Current Deferred Revenue	0.87	0.77	0.55	0.89	0.78	0.85	0.86	0.72	0.04	0.86	0.31	0.48	0.7	0.13	0.86	0.86	-0.02	-0.43	0.88	0.93	0.54	0.44	0.93	0.76		-0.46
Common Stock Total Equity	-0.55	-0.52	-0.48	-0.53	-0.59	-0.54	-0.54	-0.68	-0.06	-0.57	-0.35	-0.29	-0.63	0.3	-0.51	-0.24	-0.09	0.85	-0.52	-0.38	-0.3	-0.4	-0.35	-0.46	-0.46

Click cells to compare fundamentals

Alaska Air Account Relationship Matchups

Alaska Air fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	13.0B	14.0B	14.0B	14.3B	15.8B	16.6B
Short Long Term Debt Total	3.2B	5.1B	4.1B	3.9B	3.8B	4.0B
Other Current Liab	1.7B	1.7B	1.1B	1.5B	1.4B	1.5B
Total Current Liabilities	3.2B	4.3B	4.0B	4.5B	4.5B	4.7B
Total Stockholder Equity	4.3B	3.0B	3.8B	3.8B	4.1B	4.3B
Property Plant And Equipment Net	8.6B	7.6B	7.6B	8.8B	9.6B	10.1B
Net Debt	3.0B	3.7B	3.6B	3.5B	4.1B	4.3B
Retained Earnings	5.1B	3.8B	4.2B	4.3B	4.5B	4.8B
Cash	221M	1.4B	470M	338M	281M	280.5M
Non Current Assets Total	11.0B	10.0B	10.0B	11.2B	13.1B	13.8B
Non Currrent Assets Other	278M	379M	396M	(243M)	262M	275.1M
Cash And Short Term Investments	1.5B	3.3B	3.1B	2.4B	1.8B	967.2M
Net Receivables	323M	480M	546M	296M	383M	402.2M
Common Stock Shares Outstanding	124.3M	123.5M	126.8M	127.9M	128.7M	118.0M
Liabilities And Stockholders Equity	13.0B	14.0B	14.0B	14.3B	15.8B	16.6B
Non Current Liabilities Total	5.5B	6.8B	6.2B	6.0B	7.3B	7.6B
Other Current Assets	516M	660M	196M	60M	415M	302.9M
Other Stockholder Equity	(338M)	(266M)	(180M)	(97M)	(124M)	(117.8M)
Total Liab	8.7B	11.0B	10.2B	10.5B	11.7B	12.3B
Property Plant And Equipment Gross	1.3B	7.6B	10B	11.4B	13.1B	13.7B
Total Current Assets	2.0B	4.0B	3.9B	3.0B	2.7B	1.4B
Accumulated Other Comprehensive Income	(465M)	(494M)	(262M)	(388M)	(299M)	(314.0M)
Short Term Debt	504M	1.4B	634M	523M	511M	536.6M
Intangible Assets	122M	107M	2.0B	2.0B	2.0B	2.1B
Accounts Payable	146M	108M	200M	221M	207M	113.9M
Current Deferred Revenue	900M	1.1B	2.1B	2.3B	2.4B	2.5B
Short Term Investments	1.3B	2.0B	2.6B	2.1B	1.5B	1.0B
Other Liab	2.8B	3.1B	2.7B	2.6B	3.0B	3.1B
Other Assets	809M	379M	780M	380M	437M	325.4M
Long Term Debt	1.3B	2.4B	2.2B	1.9B	2.2B	1.4B
Treasury Stock	(518M)	(568M)	(643M)	(674M)	(606.6M)	(576.3M)
Property Plant Equipment	8.1B	6.2B	7.2B	8.8B	10.1B	10.7B
Net Tangible Assets	2.3B	3.0B	1.8B	3.8B	4.4B	3.1B
Long Term Debt Total	1.3B	2.4B	2.2B	1.9B	2.2B	1.6B
Capital Surpluse	305M	391M	494M	577M	519.3M	338.2M

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Alaska Air Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Fix portfolios for free

When determining whether Alaska Air Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Alaska Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alaska Air Group Stock. Highlighted below are key reports to facilitate an investment decision about Alaska Air Group Stock:

How To Invest In Alaska

Details

Is Alaska Stock a good investment?

Details

What is Alaska Air's Net Worth?

Details

Largest Passenger Airlines Companies

View

Largest Transportation Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alaska Air Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Alaska Stock analysis

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

	Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Performance Analysis Check effects of mean-variance optimization against your current asset allocation
	Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
	Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios
	AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets

Is Alaska Air'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 Alaska Air. If investors know Alaska 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 Alaska Air 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

2.484

Earnings Share

1.89

Revenue Per Share

82.383

Quarterly Revenue Growth

0.016

Return On Assets

0.0335

The market value of Alaska Air Group is measured differently than its book value, which is the value of Alaska that is recorded on the company's balance sheet. Investors also form their own opinion of Alaska Air's value that differs from its market value or its book value, called intrinsic value, which is Alaska Air'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 Alaska Air's market value can be influenced by many factors that don't directly affect Alaska Air'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 Alaska Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alaska Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alaska Air'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Alaska Days Sales Outstanding vs Price To Sales Ratio Analysis

Days Sales Outstanding vs Price To Sales Ratio

Days Sales Outstanding vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Days Sales Outstanding

Price To Sales Ratio

Alaska Air fundamental ratios Correlations

Alaska Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Alaska Air fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Alaska Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Total Current Liabilities	+ 0.99	Total Assets
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Non Current Liabilities Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets

Other Stockholder Equity	- 0.82	Retained Earnings
Other Stockholder Equity	- 0.72	Total Stockholder Equity
Other Stockholder Equity	- 0.69	Net Receivables
Common Stock Total Equity	- 0.68	Retained Earnings
Other Stockholder Equity	- 0.66	Non Current Assets Total
Other Stockholder Equity	- 0.65	Net Debt