LCI Inventory vs Net Receivables Analysis

LCII Stock  USD 119.27  0.68  0.57%   
LCI Industries financial indicator trend analysis is infinitely more than just investigating LCI Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LCI Industries is a good investment. Please check the relationship between LCI Industries Inventory and its Net Receivables accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LCI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LCI Stock please use our How to Invest in LCI Industries guide.

Inventory vs Net Receivables

Inventory vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LCI Industries Inventory account and Net Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between LCI Industries' Inventory and Net Receivables is 0.9. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Net Receivables in the same time period over historical financial statements of LCI Industries, assuming nothing else is changed. The correlation between historical values of LCI Industries' Inventory and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of LCI Industries are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Inventory i.e., LCI Industries' Inventory and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.9
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Net Receivables

Most indicators from LCI Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LCI Industries 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 LCI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LCI Stock please use our How to Invest in LCI Industries guide.As of now, LCI Industries' Enterprise Value Multiple is increasing as compared to previous years. The LCI Industries' current Enterprise Value is estimated to increase to about 376.1 M, while Tax Provision is projected to decrease to under 8.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense16.4M27.6M40.4M42.4M
Depreciation And Amortization112.3M129.2M131.8M138.4M

LCI Industries fundamental ratios Correlations

0.980.860.960.970.980.980.970.60.990.930.60.950.510.990.980.83-0.170.990.880.990.860.990.940.490.45
0.980.820.950.910.951.00.930.540.970.890.540.940.41.00.970.84-0.221.00.830.980.860.980.920.390.35
0.860.820.910.820.790.810.810.680.810.750.680.820.60.830.880.90.030.850.650.90.860.830.880.540.54
0.960.950.910.880.90.950.880.620.930.870.620.970.520.960.950.93-0.110.980.760.980.910.960.990.490.46
0.970.910.820.880.990.911.00.610.970.930.610.860.590.920.930.71-0.110.920.930.930.780.940.860.580.53
0.980.950.790.90.990.950.990.580.990.940.580.90.520.960.940.73-0.170.950.930.950.770.970.880.520.46
0.981.00.810.950.910.950.920.510.970.880.510.940.391.00.970.84-0.230.990.830.980.840.980.920.380.34
0.970.930.810.881.00.990.920.60.980.930.60.860.550.930.930.7-0.150.930.930.940.780.950.860.550.5
0.60.540.680.620.610.580.510.60.590.571.00.550.440.550.550.48-0.080.570.580.60.620.570.580.440.4
0.990.970.810.930.970.990.970.980.590.950.590.940.50.980.950.78-0.180.970.910.960.810.990.920.50.45
0.930.890.750.870.930.940.880.930.570.950.570.860.430.90.860.69-0.170.90.960.880.730.910.890.450.37
0.60.540.680.620.610.580.510.61.00.590.570.550.440.550.550.48-0.080.570.580.60.620.570.580.440.4
0.950.940.820.970.860.90.940.860.550.940.860.550.490.950.90.88-0.180.960.760.940.820.970.960.450.43
0.510.40.60.520.590.520.390.550.440.50.430.440.490.420.480.510.580.450.380.510.450.510.480.960.98
0.991.00.830.960.920.961.00.930.550.980.90.550.950.420.970.85-0.221.00.840.980.850.990.930.410.37
0.980.970.880.950.930.940.970.930.550.950.860.550.90.480.970.86-0.150.970.810.990.890.950.920.450.42
0.830.840.90.930.710.730.840.70.480.780.690.480.880.510.850.860.050.870.530.880.880.840.920.450.47
-0.17-0.220.03-0.11-0.11-0.17-0.23-0.15-0.08-0.18-0.17-0.08-0.180.58-0.22-0.150.05-0.19-0.23-0.15-0.01-0.15-0.140.590.62
0.991.00.850.980.920.950.990.930.570.970.90.570.960.451.00.970.87-0.190.830.990.870.990.950.430.39
0.880.830.650.760.930.930.830.930.580.910.960.580.760.380.840.810.53-0.230.830.820.640.850.780.430.33
0.990.980.90.980.930.950.980.940.60.960.880.60.940.510.980.990.88-0.150.990.820.90.970.950.480.45
0.860.860.860.910.780.770.840.780.620.810.730.620.820.450.850.890.88-0.010.870.640.90.850.880.420.4
0.990.980.830.960.940.970.980.950.570.990.910.570.970.510.990.950.84-0.150.990.850.970.850.940.490.46
0.940.920.880.990.860.880.920.860.580.920.890.580.960.480.930.920.92-0.140.950.780.950.880.940.460.42
0.490.390.540.490.580.520.380.550.440.50.450.440.450.960.410.450.450.590.430.430.480.420.490.460.98
0.450.350.540.460.530.460.340.50.40.450.370.40.430.980.370.420.470.620.390.330.450.40.460.420.98
Click cells to compare fundamentals

LCI Industries Account Relationship Matchups

LCI Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.9B2.3B3.3B3.2B3.0B3.1B
Short Long Term Debt Total732.3M846.4M1.5B1.4B1.1B1.2B
Other Current Liab42.8M162.8M212.8M183.8M138.2M145.1M
Total Current Liabilities271.3M416.4M627.2M421.3M395.0M414.7M
Total Stockholder Equity800.7M908.3M1.1B1.4B1.4B1.4B
Property Plant And Equipment Net465.1M491.4M591.1M729.2M711.2M746.7M
Net Debt697.0M794.6M1.4B1.3B1.0B1.1B
Retained Earnings644.9M731.7M930.8M1.2B1.2B1.2B
Cash35.4M51.8M62.9M47.5M66.2M69.5M
Non Current Assets Total1.2B1.4B1.7B1.9B1.8B1.9B
Non Currrent Assets Other34.2M61.2M67.0M56.6M93.0M97.6M
Cash And Short Term Investments35.4M51.8M62.9M47.5M66.2M69.5M
Net Receivables200.0M268.6M319.8M214.3M214.7M225.4M
Common Stock Shares Outstanding25.1M25.3M25.4M25.5M25.4M23.9M
Liabilities And Stockholders Equity1.9B2.3B3.3B3.2B3.0B3.1B
Non Current Liabilities Total790.7M973.3M1.6B1.4B1.2B1.3B
Inventory393.6M493.9M1.1B1.0B768.4M806.8M
Other Current Assets41.8M110.9M176.6M99.3M67.6M71.0M
Other Stockholder Equity154.3M169.2M162.3M152.7M163.4M96.9M
Total Liab1.1B1.4B2.2B1.9B1.6B1.7B
Property Plant And Equipment Gross465.1M491.4M591.1M729.2M1.2B1.3B
Total Current Assets670.8M869.8M1.6B1.4B1.1B1.2B
Accumulated Other Comprehensive Income1.1M7.1M(501K)6.7M14.3M15.0M
Short Term Debt39.6M68.7M132.2M94.0M73.1M76.8M
Intangible Assets341.4M420.9M520.0M503.3M448.8M471.2M
Accounts Payable99.3M184.9M282.2M143.5M183.7M192.9M
Common Stock Total Equity281K282K284K285K327.8K248.2K
Common Stock281K282K284K285K287K250.9K
Other Liab97.9M170.2M192.6M126.2M145.2M152.4M
Other Assets38.9M165.4M67.0M56.6M65.0M32.8M
Long Term Debt612.9M720.4M1.2B1.1B846.8M889.2M
Good Will351.1M454.7M543.2M567.1M589.6M619.0M
Property Plant Equipment366.3M387.2M591.1M482.2M554.5M582.2M
Net Tangible Assets108.1M32.7M29.7M310.6M279.6M177.8M
Retained Earnings Total Equity644.9M731.7M930.8M1.2B1.4B1.5B
Capital Surpluse212.5M227.4M220.5M235.0M270.2M193.7M
Deferred Long Term Liab35.7M53.8M43.2M30.6M35.2M36.9M
Non Current Liabilities Other142.0M199.1M149.4M95.7M107.4M83.2M

Currently Active Assets on Macroaxis

When determining whether LCI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LCI Industries' 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 Lci Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lci Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LCI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LCI Stock please use our How to Invest in LCI Industries guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Automotive Parts & 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 LCI Industries. If investors know LCI 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 LCI Industries 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
0.363
Dividend Share
4.2
Earnings Share
5.13
Revenue Per Share
148.575
Quarterly Revenue Growth
(0.05)
The market value of LCI Industries is measured differently than its book value, which is the value of LCI that is recorded on the company's balance sheet. Investors also form their own opinion of LCI Industries' value that differs from its market value or its book value, called intrinsic value, which is LCI Industries' 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 LCI Industries' market value can be influenced by many factors that don't directly affect LCI Industries' 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 LCI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LCI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LCI Industries' 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.