Dorman Products Stock Current Liabilities

DORM Stock  USD 89.81  0.41  0.45%   
Dorman Products fundamentals help investors to digest information that contributes to Dorman Products' financial success or failures. It also enables traders to predict the movement of Dorman Stock. The fundamental analysis module provides a way to measure Dorman Products' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dorman Products stock.
As of the 25th of April 2024, Total Current Liabilities is likely to grow to about 574.5 M. Also, Non Current Liabilities Total is likely to grow to about 605.9 M.
  
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Dorman Products Company Current Liabilities Analysis

Dorman Products' Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis

Current Dorman Products Current Liabilities

    
  98.57 M  
Most of Dorman Products' fundamental indicators, such as Current Liabilities, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dorman Products is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Dorman Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Dorman Products is extremely important. It helps to project a fair market value of Dorman Stock properly, considering its historical fundamentals such as Current Liabilities. Since Dorman Products' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dorman Products' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dorman Products' interrelated accounts and indicators.
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Dorman Current Liabilities Historical Pattern

Today, most investors in Dorman Products Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Dorman Products' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Dorman Products current liabilities as a starting point in their analysis.
   Dorman Products Current Liabilities   
       Timeline  
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Competition

Dorman Total Current Liabilities

Total Current Liabilities

574.51 Million

At this time, Dorman Products' Total Current Liabilities is very stable compared to the past year.
In accordance with the recently published financial statements, Dorman Products has a Current Liabilities of 98.57 M. This is 99.79% lower than that of the Automobile Components sector and 91.53% lower than that of the Consumer Discretionary industry. The current liabilities for all United States stocks is 98.75% higher than that of the company.

Dorman Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dorman Products' direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dorman Products could also be used in its relative valuation, which is a method of valuing Dorman Products by comparing valuation metrics of similar companies.
Dorman Products is currently under evaluation in current liabilities category among related companies.

Dorman Fundamentals

About Dorman Products Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dorman Products's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dorman Products using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dorman Products based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Dorman Products Investors Sentiment

The influence of Dorman Products' 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 Dorman. 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 Dorman Products' public news can be used to forecast risks associated with an investment in Dorman. The trend in average sentiment can be used to explain how an investor holding Dorman can time the market purely based on public headlines and social activities around Dorman Products. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Dorman Products' 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 Dorman Products' 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 Dorman Products' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Dorman Products.
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 Dorman Products 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, Dorman Products' short interest history, or implied volatility extrapolated from Dorman Products options trading.

Pair Trading with Dorman Products

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dorman Products position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dorman Products will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Dorman Products could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dorman Products when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dorman Products - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dorman Products to buy it.
The correlation of Dorman Products is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dorman Products moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dorman Products moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dorman Products can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dorman Products is a strong investment it is important to analyze Dorman Products' 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 Dorman Products' future performance. For an informed investment choice regarding Dorman Stock, refer to the following important reports:
Check out Dorman Products Piotroski F Score and Dorman Products Altman Z Score analysis.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Dorman Products' 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 Dorman Products. If investors know Dorman 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 Dorman Products 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
1.855
Earnings Share
4.1
Revenue Per Share
61.351
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0701
The market value of Dorman Products is measured differently than its book value, which is the value of Dorman that is recorded on the company's balance sheet. Investors also form their own opinion of Dorman Products' value that differs from its market value or its book value, called intrinsic value, which is Dorman Products' 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 Dorman Products' market value can be influenced by many factors that don't directly affect Dorman Products' 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 Dorman Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorman Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorman Products' 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.