LivaNova Cost of Revenue vs Inventory Turnover Analysis

LIVN Stock  USD 55.87  1.48  2.72%   
LivaNova PLC financial indicator trend analysis is infinitely more than just investigating LivaNova PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LivaNova PLC is a good investment. Please check the relationship between LivaNova PLC Cost Of Revenue and its Inventory Turnover accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LivaNova PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in LivaNova Stock, please use our How to Invest in LivaNova PLC guide.

Cost Of Revenue vs Inventory Turnover

Cost of Revenue vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LivaNova PLC Cost of Revenue account and Inventory Turnover. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between LivaNova PLC's Cost of Revenue and Inventory Turnover is 0.51. Overlapping area represents the amount of variation of Cost of Revenue that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of LivaNova PLC, assuming nothing else is changed. The correlation between historical values of LivaNova PLC's Cost of Revenue and Inventory 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 Cost of Revenue of LivaNova PLC are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Cost of Revenue i.e., LivaNova PLC's Cost of Revenue and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Cost Of Revenue

Cost of Revenue is found on LivaNova PLC income statement and represents the costs associated with goods and services LivaNova PLC provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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.
Most indicators from LivaNova PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LivaNova PLC 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LivaNova PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in LivaNova Stock, please use our How to Invest in LivaNova PLC guide.At this time, LivaNova PLC's Tax Provision is very stable compared to the past year. As of the 28th of March 2024, Issuance Of Capital Stock is likely to grow to 0.00, while Selling General Administrative is likely to drop about 253.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit706M707.2M785.5M824.7M
Total Revenue1.0B1.0B1.2B1.2B

LivaNova PLC fundamental ratios Correlations

0.570.720.860.960.980.68-0.550.980.370.980.460.340.810.790.950.80.960.930.850.89-0.270.960.98-0.50.99
0.570.550.360.350.560.65-0.860.480.80.470.20.790.520.890.430.410.670.790.740.74-0.240.380.65-0.10.61
0.720.550.80.650.750.58-0.640.690.370.670.320.350.670.510.610.620.780.710.650.710.110.650.76-0.240.77
0.860.360.80.830.850.55-0.530.810.20.880.220.170.760.520.770.660.860.80.660.690.050.820.85-0.440.88
0.960.350.650.830.950.53-0.320.980.20.960.50.170.750.60.970.80.880.780.760.81-0.180.990.91-0.550.93
0.980.560.750.850.950.68-0.50.990.340.980.460.310.780.760.970.790.940.90.850.86-0.220.960.96-0.420.97
0.680.650.580.550.530.68-0.590.620.130.70.490.10.630.790.590.340.660.80.460.55-0.420.550.670.050.7
-0.55-0.86-0.64-0.53-0.32-0.5-0.59-0.43-0.75-0.45-0.13-0.73-0.57-0.77-0.35-0.43-0.72-0.77-0.67-0.710.2-0.32-0.680.35-0.64
0.980.480.690.810.980.990.62-0.430.30.970.470.270.740.710.990.80.920.850.830.85-0.260.980.95-0.50.96
0.370.80.370.20.20.340.13-0.750.30.22-0.061.00.250.640.260.450.520.540.750.67-0.180.210.5-0.350.42
0.980.470.670.880.960.980.7-0.450.970.220.440.190.780.730.960.750.920.890.780.8-0.260.970.94-0.430.96
0.460.20.320.220.50.460.49-0.130.47-0.060.44-0.080.520.360.440.560.420.350.210.43-0.280.470.42-0.250.45
0.340.790.350.170.170.310.1-0.730.271.00.19-0.080.230.620.240.420.50.510.730.65-0.150.180.47-0.330.39
0.810.520.670.760.750.780.63-0.570.740.250.780.520.230.640.70.610.810.780.610.74-0.070.760.79-0.40.81
0.790.890.510.520.60.760.79-0.770.710.640.730.360.620.640.690.570.820.930.820.83-0.520.630.83-0.250.8
0.950.430.610.770.970.970.59-0.350.990.260.960.440.240.70.690.790.880.820.810.8-0.280.970.91-0.470.92
0.80.410.620.660.80.790.34-0.430.80.450.750.560.420.610.570.790.810.680.810.79-0.230.810.83-0.620.81
0.960.670.780.860.880.940.66-0.720.920.520.920.420.50.810.820.880.810.950.890.94-0.230.880.99-0.580.99
0.930.790.710.80.780.90.8-0.770.850.540.890.350.510.780.930.820.680.950.870.88-0.340.80.95-0.370.95
0.850.740.650.660.760.850.46-0.670.830.750.780.210.730.610.820.810.810.890.870.91-0.310.780.91-0.50.86
0.890.740.710.690.810.860.55-0.710.850.670.80.430.650.740.830.80.790.940.880.91-0.240.810.93-0.590.91
-0.27-0.240.110.05-0.18-0.22-0.420.2-0.26-0.18-0.26-0.28-0.15-0.07-0.52-0.28-0.23-0.23-0.34-0.31-0.24-0.21-0.280.14-0.27
0.960.380.650.820.990.960.55-0.320.980.210.970.470.180.760.630.970.810.880.80.780.81-0.210.91-0.490.92
0.980.650.760.850.910.960.67-0.680.950.50.940.420.470.790.830.910.830.990.950.910.93-0.280.91-0.560.99
-0.5-0.1-0.24-0.44-0.55-0.420.050.35-0.5-0.35-0.43-0.25-0.33-0.4-0.25-0.47-0.62-0.58-0.37-0.5-0.590.14-0.49-0.56-0.54
0.990.610.770.880.930.970.7-0.640.960.420.960.450.390.810.80.920.810.990.950.860.91-0.270.920.99-0.54
Click cells to compare fundamentals

LivaNova PLC Account Relationship Matchups

LivaNova PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.4B2.2B2.3B2.4B2.6B
Short Long Term Debt Total383.7M697.8M275.4M571M640.4M672.4M
Other Current Liab342.6M215.2M390.9M189.5M216.9M227.8M
Total Current Liabilities512.6M309.1M697M297.4M335.0M351.7M
Total Stockholder Equity1.4B1.1B1.3B1.2B1.3B1.3B
Property Plant And Equipment Net235.8M214.3M190.7M183M205.0M215.3M
Net Debt322.6M445M67.4M356.8M62.5M65.7M
Retained Earnings(406.8M)(752.4M)(897.8M)(984.0M)(966.5M)(918.2M)
Cash61.1M252.8M208M214.2M577.9M606.8M
Non Current Assets Total1.9B1.7B1.5B1.4B1.4B1.5B
Non Currrent Assets Other7.4M83.5M13.1M70.6M12.1M15.3M
Cash And Short Term Investments61.1M252.8M208M214.2M577.9M606.8M
Common Stock Shares Outstanding48.3M48.6M50.6M53.5M54.2M31.9M
Liabilities And Stockholders Equity2.4B2.4B2.2B2.3B2.4B2.6B
Non Current Liabilities Total515.5M983.5M209.4M789.8M817.0M857.8M
Inventory164.2M126.7M105.8M129.4M147.9M155.3M
Other Current Assets28.5M24.8M35.8M25M47.3M49.7M
Other Stockholder Equity1.7B1.8B2.1B2.2B2.2B2.3B
Total Liab1.0B1.3B906.4M1.1B1.2B1.2B
Property Plant And Equipment Gross235.7M214.3M190.7M183M401.1M421.1M
Total Current Assets549.4M719.4M679.2M886.1M988.2M1.0B
Accumulated Other Comprehensive Income(19.4M)27.8M(7.2M)(48.1M)(27.9M)(26.5M)
Short Term Debt77.4M13.3M229.7M23.4M26.5M25.1M
Net Receivables257.8M184.4M185.4M183.1M215.1M225.8M
Common Stock Total Equity76.1M76.3M76.3M82.3M94.6M99.4M
Common Stock76.3M76.3M82.3M82.4M82.5M86.7M
Long Term Debt260.3M642.3M9.8M518.1M568.5M597.0M
Property Plant Equipment235.7M163.8M190.7M183.0M210.5M221.0M
Other Liab209.1M299M163.7M242.1M278.5M292.4M
Current Deferred Revenue6.7M6.9M8.4M10.2M10.7M10.2M
Treasury Stock(1.5M)(1.3M)(1.0M)(650K)(747.5K)(784.9K)
Intangible Assets607.5M437.6M399.7M368.6M261.2M344.0M
Net Tangible Assets(139.6M)(241.1M)(4.6M)70.3M63.3M116.1M
Good Will915.8M922.3M899.5M768.8M782.9M895.7M
Long Term Investments27.3M103.4M16.6M16.3M22.8M31.0M
Short Long Term Debt77.4M13.3M229.7M23.4M18.1M17.2M

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When determining whether LivaNova PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LivaNova PLC's 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 Livanova Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Livanova Plc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LivaNova PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
To learn how to invest in LivaNova Stock, please use our How to Invest in LivaNova PLC guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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Is LivaNova PLC'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 LivaNova PLC. If investors know LivaNova 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 LivaNova PLC 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
9.026
Earnings Share
0.32
Revenue Per Share
21.386
Quarterly Revenue Growth
0.128
Return On Assets
0.0176
The market value of LivaNova PLC is measured differently than its book value, which is the value of LivaNova that is recorded on the company's balance sheet. Investors also form their own opinion of LivaNova PLC's value that differs from its market value or its book value, called intrinsic value, which is LivaNova PLC'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 LivaNova PLC's market value can be influenced by many factors that don't directly affect LivaNova PLC'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 LivaNova PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if LivaNova PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LivaNova PLC'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.