McKesson Receivables Turnover vs Operating Margin Analysis
MCK Stock | USD 532.00 4.68 0.89% |
McKesson financial indicator trend analysis is infinitely more than just investigating McKesson recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether McKesson is a good investment. Please check the relationship between McKesson Receivables Turnover and its Operating Profit Margin accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
Receivables Turnover vs Operating Profit Margin
Receivables Turnover vs Operating Margin Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of McKesson Receivables Turnover account and Operating Margin. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between McKesson's Receivables Turnover and Operating Margin is -0.45. Overlapping area represents the amount of variation of Receivables Turnover that can explain the historical movement of Operating Margin in the same time period over historical financial statements of McKesson, assuming nothing else is changed. The correlation between historical values of McKesson's Receivables Turnover and Operating Margin 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 McKesson are associated (or correlated) with its Operating Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Margin has no effect on the direction of Receivables Turnover i.e., McKesson's Receivables Turnover and Operating Margin go up and down completely randomly.
Correlation Coefficient | -0.45 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Receivables Turnover
Operating Profit Margin
Most indicators from McKesson's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into McKesson 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 McKesson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.At this time, McKesson's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 855.2 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.05.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 13.1B | 12.4B | 14.2B | 14.9B | Total Revenue | 264.0B | 276.7B | 318.2B | 334.1B |
McKesson fundamental ratios Correlations
Click cells to compare fundamentals
McKesson Account Relationship Matchups
High Positive Relationship
High Negative Relationship
McKesson fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 61.2B | 65.0B | 63.3B | 62.3B | 71.7B | 75.3B | |
Short Long Term Debt Total | 9.4B | 9.4B | 7.5B | 7.3B | 8.4B | 4.6B | |
Other Current Liab | 683M | 9M | 9.3B | 4.2B | 4.8B | 2.8B | |
Total Current Liabilities | 42.6B | 44.1B | 48.5B | 48.0B | 55.2B | 57.9B | |
Total Stockholder Equity | 5.1B | (21M) | (2.3B) | (1.9B) | (2.1B) | (2.0B) | |
Property Plant And Equipment Net | 4.3B | 4.7B | 3.6B | 3.8B | 4.4B | 4.6B | |
Net Debt | 5.4B | 3.1B | 4.0B | 2.6B | 3.0B | 2.1B | |
Retained Earnings | 13.0B | 8.2B | 9.0B | 12.3B | 14.1B | 7.2B | |
Accounts Payable | 37.2B | 39.0B | 38.1B | 42.5B | 48.9B | 51.3B | |
Cash | 4.0B | 6.3B | 3.5B | 4.7B | 5.4B | 5.6B | |
Non Current Assets Total | 19.0B | 19.6B | 17.1B | 18.0B | 20.7B | 10.7B | |
Non Currrent Assets Other | 2.3B | 2.6B | 1.9B | 2.0B | 2.3B | 1.6B | |
Cash And Short Term Investments | 4.0B | 6.3B | 3.5B | 4.7B | 5.4B | 5.6B | |
Net Receivables | 20.0B | 19.2B | 18.6B | 19.4B | 22.3B | 23.4B | |
Common Stock Shares Outstanding | 182M | 160.6M | 154.1M | 142.2M | 128.0M | 186.9M | |
Liabilities And Stockholders Equity | 61.2B | 65.0B | 63.3B | 62.3B | 71.7B | 75.3B | |
Non Current Liabilities Total | 11.9B | 19.5B | 16.6B | 15.9B | 18.2B | 19.1B | |
Inventory | 16.7B | 19.2B | 18.7B | 19.7B | 22.6B | 23.8B | |
Other Current Assets | 617M | 665M | 5.4B | 496M | 570.4M | 674.8M | |
Other Stockholder Equity | (6.2B) | (6.7B) | (9.8B) | (13.3B) | (11.9B) | (11.3B) | |
Total Liab | 54.5B | 63.6B | 65.1B | 63.8B | 73.4B | 77.1B | |
Property Plant And Equipment Gross | 4.3B | 4.7B | 3.6B | 3.8B | 4.4B | 4.6B | |
Total Current Assets | 42.2B | 45.4B | 46.2B | 44.3B | 50.9B | 53.5B | |
Accumulated Other Comprehensive Income | (1.7B) | (1.5B) | (1.5B) | (905M) | (814.5M) | (855.2M) | |
Short Term Debt | 1.4B | 1.1B | 1.1B | 1.3B | 1.5B | 1.5B | |
Intangible Assets | 3.2B | 2.9B | 2.1B | 2.3B | 2.6B | 2.0B | |
Other Liab | 3.9B | 11.2B | 10.1B | 9.8B | 11.3B | 11.8B | |
Other Assets | 1.9B | 2.6B | 1.3B | 1.8B | 2.0B | 1.7B | |
Long Term Debt | 6.3B | 6.4B | 5.1B | 4.6B | 5.3B | 4.4B | |
Treasury Stock | (8.9B) | (12.9B) | (13.7B) | (17.0B) | (15.3B) | (14.6B) | |
Property Plant Equipment | 2.4B | 2.6B | 2.1B | 2.2B | 2.5B | 1.5B | |
Good Will | 9.4B | 9.5B | 9.5B | 9.9B | 11.4B | 6.7B | |
Net Tangible Assets | (4.4B) | (9.3B) | (12.4B) | (12.7B) | (11.4B) | (10.8B) | |
Noncontrolling Interest In Consolidated Entity | 217M | 196M | 480M | 367M | 422.1M | 302.3M | |
Retained Earnings Total Equity | 13.0B | 8.2B | 9.0B | 12.3B | 14.1B | 11.7B |
McKesson Investors Sentiment
The influence of McKesson's 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 McKesson. 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 McKesson's public news can be used to forecast risks associated with an investment in McKesson. The trend in average sentiment can be used to explain how an investor holding McKesson can time the market purely based on public headlines and social activities around McKesson. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
McKesson's 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 McKesson's 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 McKesson's news discussions. The higher the estimated score, the more favorable is the investor's outlook on McKesson.
McKesson Implied Volatility | 28.88 |
McKesson's implied volatility exposes the market's sentiment of McKesson stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if McKesson's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that McKesson stock will not fluctuate a lot when McKesson's options are near their expiration.
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 McKesson 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, McKesson's short interest history, or implied volatility extrapolated from McKesson options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.Note that the McKesson information on this page should be used as a complementary analysis to other McKesson's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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Is McKesson'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 McKesson. If investors know McKesson 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 McKesson 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 (0.42) | Dividend Share 2.32 | Earnings Share 22.09 | Revenue Per Share 2.2 K | Quarterly Revenue Growth 0.148 |
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson'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 McKesson's market value can be influenced by many factors that don't directly affect McKesson'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 McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson'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.