HNI Receivables Turnover vs Gross Profit Analysis
HNI Stock | USD 42.73 0.64 1.48% |
HNI Corp financial indicator trend analysis is much more than just examining HNI Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether HNI Corp is a good investment. Please check the relationship between HNI Corp Receivables Turnover and its Gross Profit accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HNI Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.
Receivables Turnover vs Gross Profit
Receivables Turnover vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of HNI Corp Receivables Turnover account and Gross Profit. At this time, the significance of the direction appears to have weak relationship.
The correlation between HNI Corp's Receivables Turnover and Gross Profit is 0.35. Overlapping area represents the amount of variation of Receivables Turnover that can explain the historical movement of Gross Profit in the same time period over historical financial statements of HNI Corp, assuming nothing else is changed. The correlation between historical values of HNI Corp's Receivables Turnover and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Receivables Turnover of HNI Corp are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Receivables Turnover i.e., HNI Corp's Receivables Turnover and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Receivables Turnover
Gross Profit
Gross profit is a required income statement account that reflects total revenue of HNI Corp minus its cost of goods sold. It is profit before HNI Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from HNI Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into HNI Corp 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 HNI Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in HNI Stock please use our How to Invest in HNI Corp guide.As of now, HNI Corp's Enterprise Value is increasing as compared to previous years.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 757.4M | 834.9M | 948.3M | 637.6M | Total Revenue | 2.2B | 2.4B | 2.4B | 1.8B |
HNI Corp fundamental ratios Correlations
Click cells to compare fundamentals
HNI Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
HNI Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.5B | 1.4B | 1.5B | 1.4B | 1.9B | 1.0B | |
Short Long Term Debt Total | 257.8M | 254.7M | 274.5M | 300.7M | 578M | 606.9M | |
Other Current Liab | 1.9M | 3.0M | 3.9M | 173.2M | (28.4M) | (27.0M) | |
Total Current Liabilities | 478.7M | 439.0M | 506.4M | 395.1M | 463.7M | 310.5M | |
Total Stockholder Equity | 584.0M | 590.4M | 589.6M | 616.5M | 761.4M | 456.8M | |
Property Plant And Equipment Net | 456.5M | 442.3M | 459.8M | 452.5M | 682.6M | 716.7M | |
Net Debt | 205.8M | 138.6M | 222.3M | 283.3M | 549.1M | 576.6M | |
Retained Earnings | 529.7M | 518.0M | 514.6M | 534M | 523.6M | 395.8M | |
Cash | 52.1M | 116.1M | 52.3M | 17.4M | 28.9M | 53.7M | |
Non Current Assets Total | 923.7M | 922.3M | 974.4M | 945.5M | 1.4B | 1.5B | |
Non Currrent Assets Other | 7.9M | 7.1M | 43.1M | (20.1M) | 58.4M | 69.8M | |
Cash And Short Term Investments | 53.2M | 117.8M | 53.7M | 19.4M | 34.5M | 59.1M | |
Net Receivables | 274.6M | 202.5M | 237.1M | 215.2M | 243.6M | 194.9M | |
Common Stock Shares Outstanding | 43.5M | 43.0M | 44.0M | 42.2M | 45.4M | 44.8M | |
Liabilities And Stockholders Equity | 1.5B | 1.4B | 1.5B | 1.4B | 1.9B | 1.0B | |
Non Current Liabilities Total | 389.4M | 388.3M | 401.5M | 402.6M | 703.3M | 738.5M | |
Inventory | 163.5M | 137.8M | 181.6M | 180.1M | 196.6M | 206.4M | |
Other Current Assets | 37.6M | 37.7M | 51.1M | 54.5M | 61.2M | 36.8M | |
Other Stockholder Equity | 19.8M | 38.7M | 39.2M | 49.1M | 201.5M | 211.6M | |
Total Liab | 868.1M | 827.3M | 907.9M | 797.7M | 1.2B | 1.2B | |
Property Plant And Equipment Gross | 456.5M | 442.3M | 948.7M | 1.0B | 1.3B | 1.4B | |
Total Current Assets | 528.8M | 495.7M | 523.5M | 469.2M | 535.9M | 384.8M | |
Accumulated Other Comprehensive Income | (8.1M) | (9.2M) | (6.8M) | (8M) | (10.6M) | (11.1M) | |
Short Term Debt | 23.6M | 22.4M | 28.8M | 25.3M | 37.8M | 19.0M | |
Accounts Payable | 227.6M | 190.5M | 233.8M | 165.3M | 418.7M | 439.6M | |
Good Will | 270.8M | 292.4M | 297.3M | 305.9M | 441M | 258.1M | |
Common Stock Total Equity | 43.6M | 42.6M | 42.9M | 42.6M | 38.3M | 38.4M | |
Short Term Investments | 1.1M | 1.7M | 1.4M | 2M | 5.6M | 6.4M | |
Common Stock | 42.6M | 42.9M | 42.6M | 41.4M | 46.9M | 38.2M | |
Intangible Assets | 174.9M | 166.5M | 174.2M | 133.9M | 210.8M | 159.0M | |
Other Liab | 155.2M | 156.0M | 155.7M | 127.2M | 146.3M | 93.0M | |
Other Assets | 8.4M | 21.1M | 43.1M | (200K) | (180K) | (171K) | |
Long Term Debt | 174.4M | 174.5M | 174.6M | 188.8M | 428.3M | 449.7M | |
Property Plant Equipment | 381.5M | 366.0M | 459.8M | 452.3M | 520.1M | 369.9M | |
Current Deferred Revenue | 225.6M | 223.1M | 240.0M | 31.3M | 35.6M | 33.8M | |
Net Tangible Assets | 198.1M | 189.3M | 118.1M | 176.7M | 203.2M | 164.5M | |
Noncontrolling Interest In Consolidated Entity | 509K | 326K | 324K | 323K | 371.5K | 302.3K | |
Retained Earnings Total Equity | 504.9M | 529.7M | 518.0M | 514.6M | 591.8M | 446.4M | |
Long Term Debt Total | 174.4M | 174.5M | 182.0M | 196.5M | 226.0M | 204.5M |
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Is HNI Corp'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 HNI Corp. If investors know HNI 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 HNI Corp 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 0.213 | Dividend Share 1.28 | Earnings Share 1.09 | Revenue Per Share 54.697 | Quarterly Revenue Growth 0.195 |
The market value of HNI Corp is measured differently than its book value, which is the value of HNI that is recorded on the company's balance sheet. Investors also form their own opinion of HNI Corp's value that differs from its market value or its book value, called intrinsic value, which is HNI Corp'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 HNI Corp's market value can be influenced by many factors that don't directly affect HNI Corp'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 HNI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HNI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HNI Corp'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.