Floor Net Receivables vs Inventory Analysis
FND Stock | USD 114.08 0.67 0.58% |
Floor Decor financial indicator trend analysis is much more than just examining Floor Decor Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Floor Decor Holdings is a good investment. Please check the relationship between Floor Decor Net Receivables and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Floor Decor Holdings. 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.
Net Receivables vs Inventory
Net Receivables vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Floor Decor Holdings Net Receivables account and Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Floor Decor's Net Receivables and Inventory is 0.84. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of Floor Decor Holdings, assuming nothing else is changed. The correlation between historical values of Floor Decor's Net Receivables and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Floor Decor Holdings are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., Floor Decor's Net Receivables and Inventory go up and down completely randomly.
Correlation Coefficient | 0.84 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Net Receivables
Inventory
Most indicators from Floor Decor's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Floor Decor Holdings 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 Floor Decor Holdings. 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. The current year's Selling General Administrative is expected to grow to about 265.3 M. The current year's Tax Provision is expected to grow to about 68.8 M
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 4.9M | 11.1M | 9.9M | 10.0M | Depreciation And Amortization | 118.2M | 155.0M | 199.3M | 209.3M |
Floor Decor fundamental ratios Correlations
Click cells to compare fundamentals
Floor Decor Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Not Found
Floor Decor fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 105.0M | 106.1M | 107.4M | 107.4M | 107.9M | 111.8M | |
Total Assets | 2.3B | 2.9B | 3.7B | 4.4B | 4.7B | 4.9B | |
Short Long Term Debt Total | 1.1B | 1.2B | 1.4B | 1.7B | 1.6B | 1.7B | |
Other Current Liab | 102.8M | 67.8M | 99.0M | 246.4M | 182.4M | 93.2M | |
Total Current Liabilities | 552.5M | 698.8M | 1.0B | 1.0B | 1.2B | 1.2B | |
Total Stockholder Equity | 764.3M | 997.4M | 1.3B | 1.7B | 1.9B | 2.0B | |
Property Plant And Equipment Net | 1.3B | 1.5B | 2.0B | 2.5B | 2.9B | 3.1B | |
Current Deferred Revenue | 6.7M | 10.1M | 14.5M | 10.1M | 11.3M | 11.3M | |
Net Debt | 1.0B | 936.7M | 1.3B | 1.7B | 1.6B | 1.7B | |
Retained Earnings | 394.0M | 589.0M | 872.2M | 1.2B | 1.4B | 1.5B | |
Accounts Payable | 368.5M | 417.9M | 661.9M | 590.9M | 679.3M | 349.3M | |
Cash | 27.0M | 307.8M | 139.4M | 9.8M | 34.4M | 47.8M | |
Non Current Assets Total | 1.6B | 1.8B | 2.5B | 2.9B | 3.3B | 3.5B | |
Non Currrent Assets Other | 7.5M | 7.6M | 7.3M | 11.0M | 7.3M | 7.3M | |
Cash And Short Term Investments | 27.0M | 307.8M | 139.4M | 9.8M | 34.4M | 47.8M | |
Net Receivables | 72.2M | 50.4M | 85.0M | 102.1M | 127.4M | 133.8M | |
Liabilities And Stockholders Equity | 2.3B | 2.9B | 3.7B | 4.4B | 4.7B | 4.9B | |
Non Current Liabilities Total | 1.0B | 1.2B | 1.4B | 1.7B | 1.6B | 1.7B | |
Inventory | 581.9M | 654M | 1.0B | 1.3B | 1.1B | 602.4M | |
Other Current Assets | 20.4M | 28.3M | 40.8M | 53.3M | 48.7M | 51.2M | |
Other Stockholder Equity | 370.4M | 408.1M | 450.3M | 482.3M | 513.1M | 371.1M | |
Total Liab | 1.6B | 1.9B | 2.4B | 2.7B | 2.7B | 2.9B | |
Property Plant And Equipment Gross | 1.3B | 1.5B | 2.0B | 2.5B | 3.5B | 3.7B | |
Total Current Assets | 701.5M | 1.0B | 1.3B | 1.5B | 1.3B | 734.1M | |
Accumulated Other Comprehensive Income | (193K) | 164K | 535K | 4.3M | 1.4M | 1.5M | |
Short Term Debt | 74.6M | 190.7M | 211.3M | 107.8M | 255.0M | 267.7M | |
Intangible Assets | 109.3M | 109.3M | 151.9M | 152.4M | 153.9M | 132.4M | |
Other Liab | 20.6M | 35.9M | 58.7M | 54.3M | 48.8M | 48.1M | |
Net Tangible Assets | 427.6M | 660.7M | 915.8M | 1.2B | 1.4B | 1.5B | |
Other Assets | 7.5M | 7.6M | 17.1M | 22.2M | 25.6M | 26.9M | |
Long Term Debt | 142.6M | 207.2M | 195.8M | 405.6M | 194.9M | 240.7M | |
Deferred Long Term Liab | 574K | 28.0M | 41.0M | 41.5M | 47.7M | 50.1M | |
Property Plant Equipment | 1.3B | 579.4M | 929.1M | 2.5B | 2.8B | 3.0B | |
Long Term Debt Total | 142.6M | 207.2M | 195.8M | 405.6M | 466.4M | 253.3M | |
Capital Surpluse | 370.4M | 408.1M | 450.3M | 482.3M | 554.7M | 379.0M | |
Common Stock | 98K | 101K | 104K | 106K | 107K | 108.0K | |
Common Stock Total Equity | 98K | 101K | 104K | 106K | 121.9K | 109.1K | |
Non Current Liabilities Other | 2.2M | 949.1M | 1.1B | 12.7M | 15.7M | 14.9M | |
Cash And Equivalents | 27.0M | 307.8M | 139.4M | 9.8M | 11.3M | 10.7M |
Also Currently Popular
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 Floor Decor Holdings is a strong investment it is important to analyze Floor Decor's 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 Floor Decor's future performance. For an informed investment choice regarding Floor Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Floor Decor Holdings. 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. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Home Improvement Retail 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 Floor Decor. If investors know Floor 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 Floor Decor 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 (0.21) | Earnings Share 1.8 | Revenue Per Share 41.137 | Quarterly Revenue Growth 0.009 | Return On Assets 0.0321 |
The market value of Floor Decor Holdings is measured differently than its book value, which is the value of Floor that is recorded on the company's balance sheet. Investors also form their own opinion of Floor Decor's value that differs from its market value or its book value, called intrinsic value, which is Floor Decor'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 Floor Decor's market value can be influenced by many factors that don't directly affect Floor Decor'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 Floor Decor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Floor Decor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Floor Decor'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.