Genuine Fixed Asset Turnover from 2010 to 2024

GPC Stock  USD 160.23  16.16  11.22%   
Genuine Parts' Fixed Asset Turnover is decreasing over the years with slightly volatile fluctuation. Fixed Asset Turnover is expected to dwindle to 7.60. During the period from 2010 to 2024 Genuine Parts Fixed Asset Turnover annual values regression line had geometric mean of  14.21 and mean square error of  15.40. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
8.00221589
Current Value
7.6
Quarterly Volatility
6.90319352
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genuine Parts financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genuine main balance sheet or income statement drivers, such as Depreciation And Amortization of 368.1 M, Interest Expense of 67.7 M or Total Revenue of 24.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0334 or PTB Ratio of 2.74. Genuine financial statements analysis is a perfect complement when working with Genuine Parts Valuation or Volatility modules.
  
This module can also supplement Genuine Parts' financial leverage analysis and stock options assessment as well as various Genuine Parts Technical models . Check out the analysis of Genuine Parts Correlation against competitors.

Latest Genuine Parts' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Genuine Parts Co over the last few years. It is Genuine Parts' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genuine Parts' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Genuine Fixed Asset Turnover Regression Statistics

Arithmetic Mean15.78
Geometric Mean14.21
Coefficient Of Variation43.74
Mean Deviation6.16
Median17.41
Standard Deviation6.90
Sample Variance47.65
Range17.3937
R-Value(0.84)
Mean Square Error15.40
R-Squared0.70
Significance0.0001
Slope(1.29)
Total Sum of Squares667.16

Genuine Fixed Asset Turnover History

2024 7.6
2023 8.0
2022 9.09
2021 8.25
2020 7.51
2019 8.08
2018 18.24

About Genuine Parts Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Genuine Parts income statement, its balance sheet, and the statement of cash flows. Genuine Parts investors use historical funamental indicators, such as Genuine Parts's Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although Genuine Parts investors may use each financial statement separately, they are all related. The changes in Genuine Parts's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Genuine Parts's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Genuine Parts Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Genuine Parts. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 8.00  7.60 

Genuine Parts Investors Sentiment

The influence of Genuine Parts' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Genuine. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Genuine Parts' public news can be used to forecast risks associated with an investment in Genuine. The trend in average sentiment can be used to explain how an investor holding Genuine can time the market purely based on public headlines and social activities around Genuine Parts Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Genuine Parts' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Genuine Parts' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Genuine Parts' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Genuine Parts.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genuine Parts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genuine Parts' short interest history, or implied volatility extrapolated from Genuine Parts options trading.

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When determining whether Genuine Parts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genuine Parts' 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 Genuine Parts Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genuine Parts Co Stock:
Check out the analysis of Genuine Parts Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Genuine Parts' price analysis, check to measure Genuine Parts' 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 Genuine Parts is operating at the current time. Most of Genuine Parts' value examination focuses on studying past and present price action to predict the probability of Genuine Parts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genuine Parts' price. Additionally, you may evaluate how the addition of Genuine Parts to your portfolios can decrease your overall portfolio volatility.
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Is Genuine Parts' 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 Genuine Parts. If investors know Genuine 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 Genuine Parts 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
0.263
Dividend Share
3.8
Earnings Share
9.32
Revenue Per Share
164.502
Quarterly Revenue Growth
0.011
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' 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 Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' 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 Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genuine Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' 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.