DXP Change To Inventory vs Other Non Cash Items Analysis

DXPE Stock  USD 82.30  1.02  1.22%   
DXP Enterprises financial indicator trend analysis is much more than just examining DXP Enterprises latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether DXP Enterprises is a good investment. Please check the relationship between DXP Enterprises Change To Inventory and its Other Non Cash Items accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DXP Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.

Change To Inventory vs Other Non Cash Items

Change To Inventory vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of DXP Enterprises Change To Inventory account and Other Non Cash Items. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between DXP Enterprises' Change To Inventory and Other Non Cash Items is 0.42. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of DXP Enterprises, assuming nothing else is changed. The correlation between historical values of DXP Enterprises' Change To Inventory and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of DXP Enterprises are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of Change To Inventory i.e., DXP Enterprises' Change To Inventory and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Other Non Cash Items

Most indicators from DXP Enterprises' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into DXP Enterprises 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 DXP Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.At present, DXP Enterprises' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.25, whereas Enterprise Value is forecasted to decline to about 464.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense21.1M29.1M53.1M55.8M
Depreciation And Amortization27.1M28.5M30.1M15.1M

DXP Enterprises fundamental ratios Correlations

0.970.760.910.920.860.910.940.620.750.970.60.750.970.760.650.970.520.580.440.980.890.980.360.410.76
0.970.750.880.80.820.940.880.510.770.940.610.770.940.80.481.00.380.580.270.990.90.940.390.40.8
0.760.750.810.60.470.660.750.420.680.660.70.680.80.690.330.770.350.420.030.80.720.820.030.190.69
0.910.880.810.780.680.920.80.740.510.920.50.510.920.610.590.870.590.530.350.930.720.870.510.610.61
0.920.80.60.780.870.720.910.630.680.90.490.680.870.610.810.810.610.490.670.820.790.890.290.330.61
0.860.820.470.680.870.740.810.430.690.870.460.690.750.570.640.810.50.430.560.80.850.80.440.280.57
0.910.940.660.920.720.740.760.650.520.930.430.520.90.640.50.930.480.580.30.950.730.840.560.620.64
0.940.880.750.80.910.810.760.480.820.860.690.820.940.830.550.90.420.60.30.90.920.970.150.140.83
0.620.510.420.740.630.430.650.480.070.670.150.070.650.140.760.50.860.280.570.580.280.540.420.760.14
0.750.770.680.510.680.690.520.820.070.630.741.00.70.840.270.80.050.390.130.740.920.83-0.07-0.150.84
0.970.940.660.920.90.870.930.860.670.630.490.630.920.630.690.930.550.530.540.950.80.90.540.570.64
0.60.610.70.50.490.460.430.690.150.740.490.740.590.540.050.630.150.03-0.150.610.760.66-0.04-0.030.54
0.750.770.680.510.680.690.520.820.071.00.630.740.70.840.270.80.050.390.130.740.920.83-0.07-0.150.84
0.970.940.80.920.870.750.90.940.650.70.920.590.70.790.60.950.510.640.320.970.840.970.250.370.79
0.760.80.690.610.610.570.640.830.140.840.630.540.840.790.240.82-0.050.75-0.030.790.840.830.01-0.131.0
0.650.480.330.590.810.640.50.550.760.270.690.050.270.60.240.480.740.40.880.520.380.570.290.450.24
0.971.00.770.870.810.810.930.90.50.80.930.630.80.950.820.480.370.590.260.990.910.960.320.350.82
0.520.380.350.590.610.50.480.420.860.050.550.150.050.51-0.050.740.370.090.620.440.250.460.30.61-0.05
0.580.580.420.530.490.430.580.60.280.390.530.030.390.640.750.40.590.090.130.590.450.60.160.010.75
0.440.270.030.350.670.560.30.30.570.130.54-0.150.130.32-0.030.880.260.620.130.290.190.320.380.49-0.03
0.980.990.80.930.820.80.950.90.580.740.950.610.740.970.790.520.990.440.590.290.880.960.380.430.79
0.890.90.720.720.790.850.730.920.280.920.80.760.920.840.840.380.910.250.450.190.880.920.180.070.84
0.980.940.820.870.890.80.840.970.540.830.90.660.830.970.830.570.960.460.60.320.960.920.180.250.83
0.360.390.030.510.290.440.560.150.42-0.070.54-0.04-0.070.250.010.290.320.30.160.380.380.180.180.730.02
0.410.40.190.610.330.280.620.140.76-0.150.57-0.03-0.150.37-0.130.450.350.610.010.490.430.070.250.73-0.13
0.760.80.690.610.610.570.640.830.140.840.640.540.840.791.00.240.82-0.050.75-0.030.790.840.830.02-0.13
Click cells to compare fundamentals

DXP Enterprises Account Relationship Matchups

DXP Enterprises fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets788.2M851.9M906.2M1.0B1.2B1.2B
Short Long Term Debt Total304.1M374.3M376.8M471.8M576.0M604.8M
Other Current Liab36.4M39.5M50.6M49.0M85.1M89.3M
Total Current Liabilities148.2M144.1M181.1M212.9M224.2M235.4M
Total Stockholder Equity343.8M347.1M358.6M365.4M380.9M399.9M
Property Plant And Equipment Net129.9M112.1M109.1M103.4M110.3M115.9M
Net Debt249.9M257.0M327.8M425.8M402.9M423.0M
Retained Earnings205.7M176.6M202.5M250.5M319.3M335.2M
Accounts Payable76.4M64.8M77.8M92.8M96.5M56.5M
Cash54.2M117.4M49.0M46.0M173.1M181.8M
Non Current Assets Total379.7M445.3M501.6M521.2M528.9M555.3M
Non Currrent Assets Other3.2M4.8M4.8M(436K)10.6M11.2M
Cash And Short Term Investments54.2M117.4M49.0M46.0M173.1M181.8M
Net Receivables220.6M188.4M245.1M320.9M353.5M371.2M
Common Stock Shares Outstanding18.4M17.7M19.8M19.5M17.7M15.1M
Liabilities And Stockholders Equity788.2M851.9M906.2M1.0B1.2B1.2B
Non Current Liabilities Total295.1M359.9M366.4M459.0M572.4M601.0M
Inventory129.4M97.1M100.9M101.4M103.8M76.8M
Other Current Assets4.2M4.6M9.6M47.8M18.1M19.0M
Other Stockholder Equity157.9M192.1M173.3M146.2M92.5M77.6M
Total Liab443.3M504.0M547.5M671.9M796.6M836.4M
Property Plant And Equipment Gross129.9M112.1M109.1M103.4M209.7M220.2M
Total Current Assets408.5M406.6M404.6M516.1M648.6M681.0M
Accumulated Other Comprehensive Income(20.0M)(21.8M)(17.3M)(31.7M)(31.2M)(29.7M)
Short Term Debt20.1M35.1M39.7M40.5M20.9M16.9M
Intangible Assets52.6M80.1M79.2M79.6M63.9M52.6M
Other Assets3.2M60.0M4.8M4.5M1.00.95
Long Term Debt237.0M235.4M317.1M409.2M520.7M546.7M
Property Plant Equipment63.7M112.1M56.9M46.0M52.9M40.5M
Current Deferred Revenue15.3M7.7M16.5M30.5M21.7M22.7M
Net Tangible Assets97.2M18.6M18.5M(48.0M)(43.2M)(41.0M)
Retained Earnings Total Equity205.7M176.6M186.1M250.5M288.1M171.5M
Long Term Debt Total237.0M235.4M317.1M409.2M470.6M293.0M
Capital Surpluse156.2M157.9M192.1M213.9M246.0M159.7M
Deferred Long Term Liab8.6M9.9M1.8M4.9M4.4M4.7M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether DXP Enterprises is a strong investment it is important to analyze DXP Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DXP Enterprises' future performance. For an informed investment choice regarding DXP Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DXP Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For information on how to trade DXP Stock refer to our How to Trade DXP Stock guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Trading Companies & Distributors 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 DXP Enterprises. If investors know DXP 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 DXP Enterprises 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
0.365
Earnings Share
3.88
Revenue Per Share
108.784
Quarterly Revenue Growth
0.128
Return On Assets
0.0751
The market value of DXP Enterprises is measured differently than its book value, which is the value of DXP that is recorded on the company's balance sheet. Investors also form their own opinion of DXP Enterprises' value that differs from its market value or its book value, called intrinsic value, which is DXP Enterprises' 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 DXP Enterprises' market value can be influenced by many factors that don't directly affect DXP Enterprises' 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 DXP Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if DXP Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DXP Enterprises' 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.