Rev Asset Turnover vs Inventory Turnover Analysis

REVG Stock  USD 21.15  0.09  0.42%   
Rev financial indicator trend analysis is much more than just breaking down Rev Group prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rev Group is a good investment. Please check the relationship between Rev Asset Turnover and its Inventory Turnover accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rev Group. 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.

Asset Turnover vs Inventory Turnover

Asset Turnover vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rev Group Asset Turnover account and Inventory Turnover. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Rev's Asset Turnover and Inventory Turnover is 0.93. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Rev Group, assuming nothing else is changed. The correlation between historical values of Rev's Asset Turnover 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 Asset Turnover of Rev Group 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 Asset Turnover i.e., Rev's Asset Turnover and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

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 Rev's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rev Group 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 Rev Group. 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.
At this time, Rev's Enterprise Value Over EBITDA is most likely to decrease significantly in the upcoming years. The Rev's current Enterprise Value Multiple is estimated to increase to 18.06, while Selling General Administrative is projected to decrease to roughly 186.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense16.9M28.6M25.7M19.9M
Depreciation And Amortization41.7M26.2M30.1M35.1M

Rev fundamental ratios Correlations

-0.530.07-0.57-0.59-0.44-0.88-0.43-0.46-0.510.11-0.7-0.51-0.52-0.43-0.02-0.090.44-0.52-0.44-0.48-0.39-0.59-0.26-0.4-0.57
-0.530.390.680.970.960.310.940.960.880.340.480.930.490.960.420.560.130.490.960.980.760.970.670.940.98
0.070.39-0.120.20.38-0.390.270.450.11.0-0.140.41-0.430.540.540.640.92-0.430.530.430.730.220.180.440.38
-0.570.68-0.120.70.650.550.680.540.67-0.160.350.580.610.560.230.27-0.350.610.510.720.420.750.540.640.67
-0.590.970.20.70.890.440.90.90.940.150.50.870.610.870.270.47-0.070.610.890.930.660.990.670.860.97
-0.440.960.380.650.890.180.990.970.790.330.460.90.420.980.520.560.160.420.960.950.630.880.680.990.88
-0.880.31-0.390.550.440.180.210.180.44-0.430.690.260.640.13-0.26-0.22-0.690.640.140.270.20.460.170.110.4
-0.430.940.270.680.90.990.210.950.820.220.470.870.470.940.480.530.050.470.920.930.540.890.70.980.86
-0.460.960.450.540.90.970.180.950.760.40.50.950.390.980.530.560.220.390.990.920.690.880.590.950.91
-0.510.880.10.670.940.790.440.820.760.050.360.680.60.740.140.48-0.140.60.760.890.550.940.780.780.89
0.110.341.0-0.160.150.33-0.430.220.40.05-0.180.36-0.490.50.540.630.94-0.490.490.380.70.170.160.40.33
-0.70.48-0.140.350.50.460.690.470.50.36-0.180.570.480.440.04-0.31-0.370.480.460.380.280.490.120.350.47
-0.510.930.410.580.870.90.260.870.950.680.360.570.470.930.410.410.180.470.950.850.740.870.380.870.9
-0.520.49-0.430.610.610.420.640.470.390.6-0.490.480.470.32-0.27-0.07-0.61.00.340.420.140.610.280.360.51
-0.430.960.540.560.870.980.130.940.980.740.50.440.930.320.570.610.310.320.990.940.750.860.620.970.9
-0.020.420.540.230.270.52-0.260.480.530.140.540.040.41-0.270.570.580.43-0.270.530.460.370.250.520.550.33
-0.090.560.640.270.470.56-0.220.530.560.480.63-0.310.41-0.070.610.580.49-0.070.580.630.530.480.630.660.53
0.440.130.92-0.35-0.070.16-0.690.050.22-0.140.94-0.370.18-0.60.310.430.49-0.60.310.170.5-0.05-0.020.220.11
-0.520.49-0.430.610.610.420.640.470.390.6-0.490.480.471.00.32-0.27-0.07-0.60.340.420.140.610.280.360.51
-0.440.960.530.510.890.960.140.920.990.760.490.460.950.340.990.530.580.310.340.930.750.870.590.950.92
-0.480.980.430.720.930.950.270.930.920.890.380.380.850.420.940.460.630.170.420.930.760.950.750.950.95
-0.390.760.730.420.660.630.20.540.690.550.70.280.740.140.750.370.530.50.140.750.760.710.370.630.82
-0.590.970.220.750.990.880.460.890.880.940.170.490.870.610.860.250.48-0.050.610.870.950.710.660.860.98
-0.260.670.180.540.670.680.170.70.590.780.160.120.380.280.620.520.63-0.020.280.590.750.370.660.70.62
-0.40.940.440.640.860.990.110.980.950.780.40.350.870.360.970.550.660.220.360.950.950.630.860.70.86
-0.570.980.380.670.970.880.40.860.910.890.330.470.90.510.90.330.530.110.510.920.950.820.980.620.86
Click cells to compare fundamentals

Rev Account Relationship Matchups

Rev fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding63.0M64.7M61.2M59.2M53.3M50.5M
Total Assets1.3B1.2B1.3B1.4B1.6B1.3B
Short Long Term Debt Total367.5M234.9M250.3M187.4M215.5M304.2M
Other Current Liab97.6M103.1M99.4M127M146.1M98.4M
Total Current Liabilities447.3M437M527.4M557.2M640.8M433.8M
Total Stockholder Equity472.3M518.8M456.3M498M572.7M470.1M
Other Liab35.3M54.7M116.7M175.2M201.5M211.6M
Net Tangible Assets178.9M235.2M179.8M225M258.8M166.8M
Property Plant And Equipment Net191.6M176.7M169.1M196.5M226.0M185.5M
Current Deferred Revenue170.1M210.6M258M214.5M246.7M148.7M
Net Debt356.1M221.6M229.9M166.1M191.0M290.1M
Retained Earnings(21.1M)16.7M19.5M52.7M60.6M63.6M
Accounts Payable169.5M116.2M163.9M208.3M239.5M173.7M
Cash11.4M13.3M20.4M21.3M24.5M14.1M
Non Current Assets Total500.3M477.3M456.2M477.2M548.8M494.0M
Non Currrent Assets Other15.3M17M(10.4M)7.7M8.9M8.8M
Other Assets39M17M10.6M7.7M8.9M13.6M
Long Term Debt340.5M215M230M150M135M212.4M
Cash And Short Term Investments11.4M13.3M20.4M21.3M24.5M14.1M
Net Receivables229.3M213.3M215M226.5M260.5M226.9M
Liabilities And Stockholders Equity1.3B1.2B1.3B1.4B1.6B1.3B
Non Current Liabilities Total392.7M282.5M360.9M355.2M408.5M372.7M
Inventory537.2M481.7M629.5M657.7M756.4M506.3M
Other Current Assets34.1M52.7M23.5M27.7M31.9M25.4M
Other Stockholder Equity496.1M502.1M436.4M445M511.8M445.3M
Total Liab840M719.5M888.3M912.4M1.0B806.5M
Property Plant And Equipment Gross168M176.7M169.1M196.5M226.0M183.0M
Total Current Assets812M761M888.4M933.2M1.1B782.6M
Accumulated Other Comprehensive Income(2.8M)(100K)300K200K180K189K
Short Term Debt10.1M7.1M6.1M7.4M6.7M9.4M
Intangible Assets136.1M126.3M119.2M115.7M104.1M109.6M
Property Plant Equipment168.4M157.6M169.1M196.5M226.0M180.9M
Long Term Debt Total376.6M340.5M215M230M264.5M313.5M
Capital Surpluse490.8M496.1M502.1M436.4M501.9M462.0M
Non Current Liabilities Other49.3M46.1M109.9M24.1M27.7M42.0M
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 Rev 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, Rev's short interest history, or implied volatility extrapolated from Rev options trading.

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When determining whether Rev Group is a strong investment it is important to analyze Rev'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 Rev's future performance. For an informed investment choice regarding Rev 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 Rev Group. 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.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running Rev's price analysis, check to measure Rev'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 Rev is operating at the current time. Most of Rev's value examination focuses on studying past and present price action to predict the probability of Rev's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rev's price. Additionally, you may evaluate how the addition of Rev to your portfolios can decrease your overall portfolio volatility.
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Is Rev'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 Rev. If investors know Rev 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 Rev 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
2.376
Dividend Share
0.2
Earnings Share
4.06
Revenue Per Share
44.892
Quarterly Revenue Growth
0.004
The market value of Rev Group is measured differently than its book value, which is the value of Rev that is recorded on the company's balance sheet. Investors also form their own opinion of Rev's value that differs from its market value or its book value, called intrinsic value, which is Rev'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 Rev's market value can be influenced by many factors that don't directly affect Rev'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 Rev's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rev is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rev'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.