CarPartsCom Cost Of Revenue vs Total Revenue Analysis

PRTS Stock  USD 1.28  0.08  6.67%   
CarPartsCom financial indicator trend analysis is way more than just evaluating CarPartsCom prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarPartsCom is a good investment. Please check the relationship between CarPartsCom Cost Of Revenue and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in CarPartsCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy CarPartsCom Stock please use our How to Invest in CarPartsCom guide.

Cost Of Revenue vs Total Revenue

Cost Of Revenue vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarPartsCom Cost Of Revenue account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between CarPartsCom's Cost Of Revenue and Total Revenue is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of CarPartsCom, assuming nothing else is changed. The correlation between historical values of CarPartsCom's Cost Of Revenue and Total Revenue 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 CarPartsCom are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Cost Of Revenue i.e., CarPartsCom's Cost Of Revenue and Total Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on CarPartsCom income statement and represents the costs associated with goods and services CarPartsCom 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.

Total Revenue

Total revenue comprises all receipts CarPartsCom generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from CarPartsCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CarPartsCom 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 CarPartsCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy CarPartsCom Stock please use our How to Invest in CarPartsCom guide.At this time, CarPartsCom's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 955.5 K in 2024, whereas Discontinued Operations is likely to drop (675 K) in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue582.4M661.6M675.7M709.5M
Interest Expense1.1M1.4M1.4M1.8M

CarPartsCom fundamental ratios Correlations

0.98-0.160.860.820.03-0.050.860.770.920.770.990.990.810.930.970.97-0.37-0.660.95-0.360.580.82-0.270.980.77
0.98-0.210.860.840.0-0.010.860.730.90.710.940.970.770.920.920.95-0.38-0.550.91-0.380.590.78-0.190.950.73
-0.16-0.21-0.60.12-0.03-0.1-0.60.160.040.17-0.11-0.20.29-0.28-0.19-0.020.21-0.11-0.230.14-0.010.04-0.09-0.030.09
0.860.86-0.60.520.13-0.141.00.510.730.520.830.890.560.850.840.79-0.38-0.480.83-0.360.440.62-0.220.790.57
0.820.840.120.52-0.340.070.520.770.750.760.790.750.770.710.760.82-0.13-0.470.75-0.20.740.780.020.770.76
0.030.0-0.030.13-0.340.120.120.180.150.130.060.140.110.210.020.04-0.6-0.280.05-0.49-0.410.2-0.820.170.11
-0.05-0.01-0.1-0.140.070.12-0.150.08-0.130.01-0.09-0.09-0.30.1-0.08-0.22-0.29-0.030.01-0.01-0.260.03-0.26-0.06-0.09
0.860.86-0.61.00.520.12-0.150.510.730.520.830.890.550.850.850.79-0.37-0.480.83-0.350.450.61-0.210.790.56
0.770.730.160.510.770.180.080.510.790.980.80.770.840.740.740.75-0.35-0.820.75-0.170.490.98-0.540.820.82
0.920.90.040.730.750.15-0.130.730.790.790.910.930.890.890.830.92-0.52-0.650.85-0.350.40.84-0.340.960.8
0.770.710.170.520.760.130.010.520.980.790.80.770.850.730.740.75-0.26-0.860.73-0.150.580.97-0.530.80.88
0.990.94-0.110.830.790.06-0.090.830.80.910.80.980.810.920.990.96-0.34-0.740.97-0.340.560.83-0.340.980.78
0.990.97-0.20.890.750.14-0.090.890.770.930.770.980.810.940.960.96-0.42-0.680.95-0.390.520.82-0.360.980.76
0.810.770.290.560.770.11-0.30.550.840.890.850.810.810.690.740.87-0.26-0.630.69-0.30.570.86-0.310.860.82
0.930.92-0.280.850.710.210.10.850.740.890.730.920.940.690.890.88-0.63-0.630.93-0.520.40.82-0.40.920.79
0.970.92-0.190.840.760.02-0.080.850.740.830.740.990.960.740.890.93-0.27-0.710.98-0.350.590.77-0.30.940.73
0.970.95-0.020.790.820.04-0.220.790.750.920.750.960.960.870.880.93-0.32-0.610.9-0.430.630.79-0.230.960.79
-0.37-0.380.21-0.38-0.13-0.6-0.29-0.37-0.35-0.52-0.26-0.34-0.42-0.26-0.63-0.27-0.320.2-0.40.610.34-0.430.47-0.45-0.35
-0.66-0.55-0.11-0.48-0.47-0.28-0.03-0.48-0.82-0.65-0.86-0.74-0.68-0.63-0.63-0.71-0.610.2-0.70.04-0.38-0.780.73-0.7-0.71
0.950.91-0.230.830.750.050.010.830.750.850.730.970.950.690.930.980.9-0.4-0.7-0.360.470.78-0.330.940.71
-0.36-0.380.14-0.36-0.2-0.49-0.01-0.35-0.17-0.35-0.15-0.34-0.39-0.3-0.52-0.35-0.430.610.04-0.36-0.1-0.310.26-0.39-0.43
0.580.59-0.010.440.74-0.41-0.260.450.490.40.580.560.520.570.40.590.630.34-0.380.47-0.10.520.130.470.63
0.820.780.040.620.780.20.030.610.980.840.970.830.820.860.820.770.79-0.43-0.780.78-0.310.52-0.50.850.88
-0.27-0.19-0.09-0.220.02-0.82-0.26-0.21-0.54-0.34-0.53-0.34-0.36-0.31-0.4-0.3-0.230.470.73-0.330.260.13-0.5-0.4-0.41
0.980.95-0.030.790.770.17-0.060.790.820.960.80.980.980.860.920.940.96-0.45-0.70.94-0.390.470.85-0.40.77
0.770.730.090.570.760.11-0.090.560.820.80.880.780.760.820.790.730.79-0.35-0.710.71-0.430.630.88-0.410.77
Click cells to compare fundamentals

CarPartsCom Account Relationship Matchups

CarPartsCom fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets87.9M187.0M235.3M238.4M257.9M270.7M
Total Stockholder Equity12.4M83.5M95.6M110.1M112.8M118.5M
Net Debt13.6M(4.2M)28.2M27.9M(12.8M)(12.2M)
Cash2.3M35.8M18.1M18.8M51.0M53.5M
Non Current Assets Total25.6M47.6M66.7M70.5M64.5M40.5M
Non Currrent Assets Other2.4M2.9M2.2M2.5M3.3M3.5M
Other Assets2.4M2.9M2.2M2.5M2.9M5.2M
Cash And Short Term Investments2.3M35.8M18.1M18.8M51.0M53.5M
Common Stock Shares Outstanding35.7M42.3M51.4M54.1M56.6M34.0M
Liabilities And Stockholders Equity87.9M187.0M235.3M238.4M257.9M270.7M
Non Current Liabilities Total15.6M31.5M43.0M40.3M32.0M33.6M
Other Stockholder Equity180.0M253.1M275.0M289.6M301.0M166.6M
Total Liab75.6M103.5M139.8M128.3M145.0M152.3M
Total Current Assets62.4M139.4M168.6M167.9M193.3M203.0M
Short Long Term Debt Total15.8M31.6M46.4M46.7M38.1M21.2M
Other Current Liab12.1M21.9M21.4M21.1M25.0M26.2M
Total Current Liabilities59.9M72.0M96.8M88.0M113.0M118.6M
Property Plant And Equipment Net23.2M44.7M64.5M68.0M61.2M64.2M
Current Deferred Revenue652K630K826K250K1.1M1.1M
Retained Earnings(167.9M)(169.5M)(179.8M)(180.8M)(189.0M)(179.5M)
Accounts Payable44.4M45.3M67.4M57.6M77.9M81.7M
Net Receivables2.7M6.3M5.0M6.4M7.4M4.7M
Inventory52.5M89.3M138.9M136.0M128.9M135.3M
Other Current Assets4.9M7.9M6.6M6.7M6.1M4.0M
Property Plant And Equipment Gross23.2M44.7M64.5M68.0M84.9M89.2M
Accumulated Other Comprehensive Income214K(215K)274K1.1M783K822.2K
Short Term Debt2.7M4.1M7.2M9.3M9.1M6.4M
Property Plant Equipment9.7M44.7M64.5M24.3M27.9M21.8M
Other Liab2.5M4.0M3.7M3.0M3.4M2.5M
Net Tangible Assets12.4M83.5M95.6M110.1M126.6M132.9M
Retained Earnings Total Equity(167.9M)(169.5M)(179.8M)(180.8M)(162.7M)(170.8M)
Capital Surpluse187.1M260.3M282.7M297.3M341.9M223.9M

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When determining whether CarPartsCom is a strong investment it is important to analyze CarPartsCom'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 CarPartsCom's future performance. For an informed investment choice regarding CarPartsCom Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in CarPartsCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy CarPartsCom Stock please use our How to Invest in CarPartsCom guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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When running CarPartsCom's price analysis, check to measure CarPartsCom'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 CarPartsCom is operating at the current time. Most of CarPartsCom's value examination focuses on studying past and present price action to predict the probability of CarPartsCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarPartsCom's price. Additionally, you may evaluate how the addition of CarPartsCom to your portfolios can decrease your overall portfolio volatility.
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Is CarPartsCom'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 CarPartsCom. If investors know CarPartsCom 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 CarPartsCom 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
(0.52)
Earnings Share
(0.15)
Revenue Per Share
11.945
Quarterly Revenue Growth
0.012
Return On Assets
(0.02)
The market value of CarPartsCom is measured differently than its book value, which is the value of CarPartsCom that is recorded on the company's balance sheet. Investors also form their own opinion of CarPartsCom's value that differs from its market value or its book value, called intrinsic value, which is CarPartsCom'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 CarPartsCom's market value can be influenced by many factors that don't directly affect CarPartsCom'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 CarPartsCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if CarPartsCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarPartsCom'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.