GMS Total Assets vs Receivables Turnover Analysis
GMS Stock | USD 90.25 0.17 0.19% |
GMS financial indicator trend analysis is much more than just examining GMS Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GMS Inc is a good investment. Please check the relationship between GMS Total Assets and its Receivables Turnover accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
Total Assets vs Receivables Turnover
Total Assets vs Receivables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GMS Inc Total Assets account and Receivables Turnover. At this time, the significance of the direction appears to have very week relationship.
The correlation between GMS's Total Assets and Receivables Turnover is 0.29. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Receivables Turnover in the same time period over historical financial statements of GMS Inc, assuming nothing else is changed. The correlation between historical values of GMS's Total Assets and Receivables Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of GMS Inc are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Total Assets i.e., GMS's Total Assets and Receivables Turnover go up and down completely randomly.
Correlation Coefficient | 0.29 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Total Assets
Total assets refers to the total amount of GMS assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in GMS Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Receivables Turnover
Most indicators from GMS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GMS Inc 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GMS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At this time, GMS's Tax Provision is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.24 in 2024, whereas Selling General Administrative is likely to drop slightly above 740.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.5B | 1.7B | 2.0B | 2.1B | Total Revenue | 4.6B | 5.3B | 6.1B | 6.4B |
GMS fundamental ratios Correlations
Click cells to compare fundamentals
GMS Account Relationship Matchups
High Positive Relationship
High Negative Relationship
GMS fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 42.5M | 43.3M | 43.9M | 42.6M | 49.0M | 44.1M | |
Total Assets | 2.3B | 2.5B | 3.1B | 3.3B | 3.8B | 2.2B | |
Short Long Term Debt Total | 1.2B | 1.1B | 1.3B | 1.3B | 1.5B | 991.9M | |
Other Current Liab | 35.0M | 50.9M | 235.9M | 45.1M | 51.9M | 95.3M | |
Total Current Liabilities | 427.9M | 562.5M | 689.2M | 706.3M | 812.2M | 413.5M | |
Total Stockholder Equity | 634.0M | 822.5M | 1.1B | 1.3B | 1.5B | 1.5B | |
Other Liab | 57.1M | 57.8M | 67.0M | 92.8M | 83.5M | 62.3M | |
Net Tangible Assets | (281.0M) | (104.7M) | (86.1M) | 174.3M | 200.4M | 210.4M | |
Property Plant And Equipment Net | 420.7M | 429.7M | 504.0M | 585.8M | 673.6M | 707.3M | |
Current Deferred Revenue | 102.0M | 96.4M | 109.1M | 182.5M | 209.8M | 220.3M | |
Net Debt | 1.0B | 935.2M | 1.2B | 1.1B | 1.3B | 903.2M | |
Retained Earnings | 169.0M | 274.5M | 548.0M | 881.0M | 1.0B | 1.1B | |
Accounts Payable | 213.2M | 323.0M | 367.3M | 377.0M | 433.6M | 455.2M | |
Cash | 210.9M | 167.0M | 101.9M | 164.7M | 189.5M | 198.9M | |
Non Current Assets Total | 1.4B | 1.4B | 1.7B | 1.7B | 2.0B | 1.3B | |
Non Currrent Assets Other | 13.2M | 9.0M | 8.8M | 11.4M | 13.1M | 10.8M | |
Other Assets | 22.2M | 24.7M | 26.7M | 31.2M | 35.9M | 19.6M | |
Long Term Debt | 954.0M | 932.4M | 1.1B | 1.0B | 1.2B | 868.5M | |
Cash And Short Term Investments | 210.9M | 167.0M | 101.9M | 164.7M | 189.5M | 198.9M | |
Net Receivables | 405.3M | 558.7M | 750.0M | 792.2M | 911.1M | 477.5M | |
Good Will | 553.1M | 576.3M | 695.9M | 700.8M | 805.9M | 554.9M | |
Common Stock Total Equity | 404K | 426K | 431K | 428K | 471.5K | 429.1K | |
Liabilities And Stockholders Equity | 2.3B | 2.5B | 3.1B | 3.3B | 3.8B | 2.2B | |
Non Current Liabilities Total | 1.2B | 1.1B | 1.4B | 1.3B | 1.5B | 1.0B | |
Inventory | 299.8M | 357.1M | 551.0M | 575.5M | 661.8M | 694.9M | |
Other Current Assets | 15.0M | 19.5M | 20.2M | 17.1M | 19.6M | 12.6M | |
Other Stockholder Equity | 529.7M | 542.7M | 522.1M | 428.5M | 492.8M | 490.9M | |
Total Liab | 1.7B | 1.7B | 2.0B | 2.0B | 2.3B | 1.5B | |
Property Plant And Equipment Gross | 420.7M | 429.7M | 731.2M | 850.4M | 978.0M | 1.0B | |
Short Long Term Debt | 50.2M | 46.0M | 47.6M | 54.0M | 48.6M | 67.9M | |
Total Current Assets | 931.0M | 1.1B | 1.4B | 1.5B | 1.8B | 912.7M | |
Accumulated Other Comprehensive Income | (65.1M) | 4.8M | (6.0M) | (35.1M) | (31.6M) | (30.0M) | |
Short Term Debt | 83.2M | 79.5M | 86.0M | 101.7M | 117.0M | 122.8M | |
Intangible Assets | 361.9M | 350.9M | 454.7M | 399.7M | 459.6M | 343.5M | |
Common Stock | 404K | 426K | 431K | 428K | 471.5K | 429.1K | |
Property Plant Equipment | 420.7M | 429.7M | 504.0M | 585.8M | 673.6M | 707.3M | |
Long Term Debt Total | 1.0B | 932.4M | 1.1B | 1.0B | 1.2B | 924.6M | |
Capital Surpluse | 529.7M | 542.7M | 522.1M | 428.5M | 492.8M | 506.6M | |
Non Current Liabilities Other | 78.0M | 63.5M | 55.2M | 48.3M | 43.5M | 46.5M |
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Is GMS's 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 GMS. If investors know GMS 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 GMS 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 (0.16) | Earnings Share 7.05 | Revenue Per Share 132.882 | Quarterly Revenue Growth 0.019 | Return On Assets 0.0884 |
The market value of GMS Inc is measured differently than its book value, which is the value of GMS that is recorded on the company's balance sheet. Investors also form their own opinion of GMS's value that differs from its market value or its book value, called intrinsic value, which is GMS'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 GMS's market value can be influenced by many factors that don't directly affect GMS'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 GMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if GMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GMS'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.