HUTCHMED Inventory Turnover vs Average Inventory Analysis
HCM Stock | USD 18.45 0.19 1.02% |
HUTCHMED DRC financial indicator trend analysis is much more than just examining HUTCHMED DRC latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HUTCHMED DRC is a good investment. Please check the relationship between HUTCHMED DRC Inventory Turnover and its Average Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HUTCHMED DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in HUTCHMED Stock, please use our How to Invest in HUTCHMED DRC guide.
Inventory Turnover vs Average Inventory
Inventory Turnover vs Average Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HUTCHMED DRC Inventory Turnover account and Average Inventory. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between HUTCHMED DRC's Inventory Turnover and Average Inventory is 0.49. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Average Inventory in the same time period over historical financial statements of HUTCHMED DRC, assuming nothing else is changed. The correlation between historical values of HUTCHMED DRC's Inventory Turnover and Average 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 Inventory Turnover of HUTCHMED DRC are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Inventory Turnover i.e., HUTCHMED DRC's Inventory Turnover and Average Inventory go up and down completely randomly.
Correlation Coefficient | 0.49 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most indicators from HUTCHMED DRC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HUTCHMED DRC 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 HUTCHMED DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in HUTCHMED Stock, please use our How to Invest in HUTCHMED DRC guide.At this time, HUTCHMED DRC's Discontinued Operations is very stable compared to the past year. As of the 14th of June 2024, Tax Provision is likely to grow to about 4.5 M, while Selling General Administrative is likely to drop about 48.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 592K | 652K | 759K | 879.4K | Depreciation And Amortization | 7.2M | 8.7M | 8.2M | 4.9M |
HUTCHMED DRC fundamental ratios Correlations
Click cells to compare fundamentals
HUTCHMED DRC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HUTCHMED DRC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 465.1M | 724.1M | 1.4B | 1.0B | 1.3B | 1.3B | |
Short Long Term Debt Total | 33.1M | 35.7M | 34.1M | 23.3M | 86.1M | 90.4M | |
Other Current Liab | 445K | 374K | 17.2M | 4.8M | 274.0M | 287.7M | |
Total Current Liabilities | 113.1M | 158.4M | 311.7M | 353.9M | 403.0M | 423.2M | |
Total Stockholder Equity | 288.0M | 484.1M | 986.9M | 610.4M | 730.5M | 767.1M | |
Property Plant And Equipment Net | 27.5M | 45.3M | 66.3M | 84.7M | 104.4M | 109.6M | |
Current Deferred Revenue | 85.5M | 123.6M | 226.4M | 13.3M | 57.6M | 31.5M | |
Net Debt | (88.1M) | (199.9M) | (343.5M) | (290.0M) | (197.5M) | (187.6M) | |
Retained Earnings | (289.7M) | (415.6M) | (610.3M) | (971.5M) | (870.9M) | (827.3M) | |
Accounts Payable | 24.0M | 31.6M | 41.2M | 71.1M | 36.3M | 24.7M | |
Cash | 121.2M | 235.6M | 377.5M | 313.3M | 283.6M | 297.8M | |
Non Current Assets Total | 148.1M | 193.4M | 160.6M | 189.6M | 182.9M | 122.5M | |
Non Currrent Assets Other | 113.5M | 203.1M | 639.0M | 327.1M | 11.6M | 11.0M | |
Cash And Short Term Investments | 217.2M | 435.2M | 1.0B | 631.0M | 886.3M | 930.7M | |
Common Stock Shares Outstanding | 133.1M | 139.6M | 158.5M | 169.4M | 173.8M | 130.7M | |
Liabilities And Stockholders Equity | 465.1M | 724.1M | 1.4B | 1.0B | 1.3B | 1.3B | |
Inventory | 16.2M | 19.8M | 35.8M | 56.7M | 50.3M | 52.8M | |
Other Current Assets | 42.2M | 29.2M | 81.0M | 152.2M | 9.8M | 9.3M | |
Other Stockholder Equity | 511.1M | 822.5M | 1.5B | 1.5B | 1.5B | 1.6B | |
Total Liab | 152.2M | 205.2M | 333.1M | 392.6M | 536.4M | 563.2M | |
Property Plant And Equipment Gross | 60.3M | 45.3M | 99.2M | 121.5M | 151.0M | 158.5M | |
Total Current Assets | 317.0M | 530.7M | 1.2B | 839.9M | 1.1B | 1.2B | |
Accumulated Other Comprehensive Income | (3.8M) | 4.5M | 5.6M | (1.9M) | (8.2M) | (8.6M) | |
Short Term Debt | 3.2M | 2.8M | 26.9M | 264.6M | 35.1M | 33.9M | |
Intangible Assets | 275K | 227K | 163K | 3.2M | 2.9M | 4.6M | |
Short Term Investments | 96.0M | 199.5M | 634.2M | 317.7M | 602.7M | 632.9M | |
Common Stock | 66.7M | 72.8M | 86.5M | 86.5M | 87.1M | 68.2M | |
Net Receivables | 41.4M | 46.6M | 83.6M | 98.0M | 150.5M | 158.0M | |
Non Current Liabilities Total | 39.1M | 46.8M | 21.5M | 38.7M | 133.4M | 140.0M | |
Good Will | 3.2M | 3.1M | 3.3M | 3.4M | 3.1M | 2.6M | |
Other Liab | 8.7M | 13.3M | 14.3M | 15.4M | 17.7M | 10.1M | |
Net Tangible Assets | 284.6M | 480.6M | 983.4M | 610.4M | 701.9M | 394.5M | |
Other Assets | 24.2M | 18.2M | 27.4M | 31.1M | 1.0 | 0.95 | |
Property Plant Equipment | 26.4M | 32.2M | 53.2M | 84.7M | 97.4M | 102.2M | |
Long Term Debt | 26.7M | 26.8M | 26.9M | 18.1M | 48.2M | 25.3M |
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as HUTCHMED DRC using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Additional Information and Resources on Investing in HUTCHMED Stock
When determining whether HUTCHMED DRC is a strong investment it is important to analyze HUTCHMED DRC'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 HUTCHMED DRC's future performance. For an informed investment choice regarding HUTCHMED Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HUTCHMED DRC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in HUTCHMED Stock, please use our How to Invest in HUTCHMED DRC guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Pharmaceuticals 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 HUTCHMED DRC. If investors know HUTCHMED 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 HUTCHMED DRC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.6 | Revenue Per Share 4.93 | Quarterly Revenue Growth 0.36 | Return On Assets 0.01 | Return On Equity 0.1465 |
The market value of HUTCHMED DRC is measured differently than its book value, which is the value of HUTCHMED that is recorded on the company's balance sheet. Investors also form their own opinion of HUTCHMED DRC's value that differs from its market value or its book value, called intrinsic value, which is HUTCHMED DRC'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 HUTCHMED DRC's market value can be influenced by many factors that don't directly affect HUTCHMED DRC'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 HUTCHMED DRC's value and its price as these two are different measures arrived at by different means. Investors typically determine if HUTCHMED DRC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HUTCHMED DRC'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.