Premier Selling General Administrative vs Other Operating Expenses Analysis

PINC Stock  USD 20.96  0.15  0.72%   
Premier financial indicator trend analysis is much more than just breaking down Premier prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier is a good investment. Please check the relationship between Premier Selling General Administrative and its Other Operating Expenses accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. 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 information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.

Selling General Administrative vs Other Operating Expenses

Selling General Administrative vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier Selling General Administrative account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Premier's Selling General Administrative and Other Operating Expenses is 0.75. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Premier, assuming nothing else is changed. The correlation between historical values of Premier's Selling General Administrative and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Premier are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling General Administrative i.e., Premier's Selling General Administrative and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.75
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Premier. It is also known as Premier overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Premier's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. 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 information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.The current year's Discontinued Operations is expected to grow to about 525.4 K, whereas Selling General Administrative is forecasted to decline to about 503.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit885.0M896.3M1.0B818.7M
Total Revenue1.4B1.3B1.5B1.3B

Premier fundamental ratios Correlations

0.770.540.740.720.420.180.820.50.510.280.76-0.190.780.630.750.12-0.650.690.790.68-0.14-0.10.650.330.51
0.770.790.980.970.550.130.980.340.790.330.88-0.571.00.830.970.31-0.80.940.960.880.2-0.140.850.450.68
0.540.790.810.850.85-0.30.760.030.990.590.62-0.630.780.890.820.45-0.710.730.70.930.12-0.570.80.520.96
0.740.980.810.970.620.040.960.240.810.390.83-0.620.980.860.970.34-0.80.970.920.90.28-0.230.840.490.73
0.720.970.850.970.640.00.920.210.850.410.78-0.610.970.830.960.32-0.810.910.920.890.16-0.280.810.460.76
0.420.550.850.620.64-0.60.58-0.270.850.920.36-0.610.540.790.540.31-0.730.660.50.750.11-0.890.60.480.86
0.180.13-0.30.040.0-0.60.10.79-0.32-0.640.210.320.15-0.230.11-0.490.17-0.030.22-0.14-0.080.790.010.05-0.41
0.820.980.760.960.920.580.10.340.770.380.89-0.560.970.850.940.31-0.810.930.950.870.19-0.170.860.460.66
0.50.340.030.240.21-0.270.790.34-0.04-0.380.490.390.360.080.33-0.27-0.050.170.440.19-0.330.550.22-0.06-0.06
0.510.790.990.810.850.85-0.320.77-0.040.610.59-0.730.780.90.810.44-0.730.750.70.930.2-0.570.790.550.95
0.280.330.590.390.410.92-0.640.38-0.380.610.15-0.490.320.570.260.1-0.710.50.340.48-0.03-0.920.380.370.59
0.760.880.620.830.780.360.210.890.490.590.15-0.290.870.640.850.45-0.610.80.860.750.10.040.850.150.53
-0.19-0.57-0.63-0.62-0.61-0.610.32-0.560.39-0.73-0.49-0.29-0.56-0.7-0.54-0.250.61-0.62-0.48-0.62-0.550.43-0.49-0.51-0.58
0.781.00.780.980.970.540.150.970.360.780.320.87-0.560.810.970.28-0.820.920.970.870.14-0.120.830.440.66
0.630.830.890.860.830.79-0.230.850.080.90.570.64-0.70.810.830.31-0.720.830.730.960.31-0.460.710.530.87
0.750.970.820.970.960.540.110.940.330.810.260.85-0.540.970.830.41-0.70.890.890.890.26-0.140.870.50.75
0.120.310.450.340.320.31-0.490.31-0.270.440.10.45-0.250.280.310.41-0.120.290.140.370.31-0.220.55-0.060.49
-0.65-0.8-0.71-0.8-0.81-0.730.17-0.81-0.05-0.73-0.71-0.610.61-0.82-0.72-0.7-0.12-0.84-0.86-0.720.090.46-0.67-0.46-0.58
0.690.940.730.970.910.66-0.030.930.170.750.50.8-0.620.920.830.890.29-0.840.90.840.32-0.30.790.420.66
0.790.960.70.920.920.50.220.950.440.70.340.86-0.480.970.730.890.14-0.860.90.8-0.02-0.090.780.380.56
0.680.880.930.90.890.75-0.140.870.190.930.480.75-0.620.870.960.890.37-0.720.840.80.2-0.380.790.480.91
-0.140.20.120.280.160.11-0.080.19-0.330.2-0.030.1-0.550.140.310.260.310.090.32-0.020.2-0.050.230.260.2
-0.1-0.14-0.57-0.23-0.28-0.890.79-0.170.55-0.57-0.920.040.43-0.12-0.46-0.14-0.220.46-0.3-0.09-0.38-0.05-0.27-0.35-0.64
0.650.850.80.840.810.60.010.860.220.790.380.85-0.490.830.710.870.55-0.670.790.780.790.23-0.270.510.71
0.330.450.520.490.460.480.050.46-0.060.550.370.15-0.510.440.530.5-0.06-0.460.420.380.480.26-0.350.510.48
0.510.680.960.730.760.86-0.410.66-0.060.950.590.53-0.580.660.870.750.49-0.580.660.560.910.2-0.640.710.48
Click cells to compare fundamentals

Premier Account Relationship Matchups

Premier fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding123.6M117.5M121.7M119.9M137.9M86.4M
Total Assets2.9B3.5B3.4B3.4B3.9B2.4B
Short Long Term Debt Total137.2M521.7M487.3M440.3M506.4M531.7M
Other Current Liab326.2M423.1M427.2M420.6M483.7M293.7M
Total Current Liabilities496.1M716.8M753.1M815.5M937.8M491.3M
Total Stockholder Equity139.3M2.2B2.2B2.3B2.7B2.8B
Other Liab2.3B527.8M2.6B97.5M112.2M106.6M
Property Plant And Equipment Net264.6M272.5M252.9M241.6M277.8M211.2M
Current Deferred Revenue35.4M34.1M30.5M24.3M28.0M36.0M
Net Debt37.9M392.5M401.1M350.5M403.1M423.3M
Retained Earnings0.0169.5M331.7M405.1M465.9M489.2M
Accounts Payable54.8M85.4M44.6M54.4M62.5M49.6M
Cash99.3M129.1M86.1M89.8M80.8M114.7M
Non Current Assets Total2.3B2.7B2.7B2.7B3.1B1.8B
Non Currrent Assets Other142.9M136.5M161.6M160.5M184.5M193.8M
Other Assets572.9M918.4M886.6M814.1M936.2M545.4M
Long Term Debt4.6M304.3M2.3M102.3M117.6M64.2M
Cash And Short Term Investments99.3M129.1M86.1M89.8M80.8M153.1M
Net Receivables350.7M408.7M374.2M414.5M476.7M250.8M
Good Will880.7M942.0M999.9M1.0B1.2B698.4M
Common Stock Total Equity716K1.2M1.2M1.3M1.4M1.5M
Liabilities And Stockholders Equity2.9B3.5B3.4B3.4B3.9B2.4B
Non Current Liabilities Total2.3B576.2M355.1M221.7M199.5M189.5M
Inventory71.0M176.4M119.7M76.9M88.5M65.4M
Other Current Assets97.3M68.0M325.6M60.4M69.4M72.6M
Other Stockholder Equity138.5M2.1B1.9B1.9B2.2B2.3B
Total Liab2.8B1.3B1.1B1.0B933.4M886.7M
Property Plant And Equipment Gross264.6M272.5M213.4M212.3M244.2M204.9M
Total Current Assets618.4M782.3M645.6M641.6M737.9M575.6M
Short Term Debt79.6M174.2M250.9M316.2M363.6M381.8M
Intangible Assets417.4M396.6M356.6M430.0M494.5M255.7M
Common Stock716K1.2M1.2M1.3M1.4M1.5M
Property Plant Equipment105.0M272.5M252.9M212.3M244.2M136.6M
Net Tangible Assets(1.4B)833.3M(1.4B)2.3B2.7B2.8B
Long Term Debt Total6.0M284.6M2.3M102.3M117.6M77.6M

Premier Investors Sentiment

The influence of Premier'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 Premier. 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 Premier's public news can be used to forecast risks associated with an investment in Premier. The trend in average sentiment can be used to explain how an investor holding Premier can time the market purely based on public headlines and social activities around Premier. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Premier'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 Premier'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 Premier's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Premier.
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 Premier 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, Premier's short interest history, or implied volatility extrapolated from Premier options trading.

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When determining whether Premier offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Premier'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 Premier Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Premier Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. 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 information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Premier's price analysis, check to measure Premier's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Premier is operating at the current time. Most of Premier's value examination focuses on studying past and present price action to predict the probability of Premier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier's price. Additionally, you may evaluate how the addition of Premier to your portfolios can decrease your overall portfolio volatility.
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Is Premier'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 Premier. If investors know Premier 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 Premier 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
(0.17)
Dividend Share
0.84
Earnings Share
1.39
Revenue Per Share
11.037
Quarterly Revenue Growth
(0.07)
The market value of Premier is measured differently than its book value, which is the value of Premier that is recorded on the company's balance sheet. Investors also form their own opinion of Premier's value that differs from its market value or its book value, called intrinsic value, which is Premier'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 Premier's market value can be influenced by many factors that don't directly affect Premier'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 Premier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier'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.