Tapestry Invested Capital vs Inventory Turnover Analysis

TPR Stock  USD 43.91  0.37  0.84%   
Tapestry financial indicator trend analysis is much more than just breaking down Tapestry prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tapestry is a good investment. Please check the relationship between Tapestry Invested Capital and its Inventory Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.

Invested Capital vs Inventory Turnover

Invested Capital vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tapestry Invested Capital account and Inventory Turnover. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Tapestry's Invested Capital and Inventory Turnover is -0.5. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of Tapestry, assuming nothing else is changed. The correlation between historical values of Tapestry's Invested Capital 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 Invested Capital of Tapestry 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 Invested Capital i.e., Tapestry's Invested Capital and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

-0.5
Relationship DirectionNegative 
Relationship StrengthVery Weak

Invested Capital

Invested capital represents the total cash investment that shareholders and debt holders have contributed to Tapestry. There are two different methods for calculating Tapestry invested capital: operating approach and financing approach. Understanding Tapestry invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.

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 Tapestry's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tapestry 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Tapestry. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Tapestry Stock, please use our How to Invest in Tapestry guide.As of 06/04/2024, Selling General Administrative is likely to drop to about 1.9 B. In addition to that, Tax Provision is likely to drop to about 120.4 M
 2021 2022 2023 2024 (projected)
Gross Profit4.7B4.7B5.4B5.7B
Total Revenue6.7B6.7B7.7B8.0B

Tapestry fundamental ratios Correlations

0.90.60.74-0.460.950.960.560.790.690.870.790.370.960.470.20.920.360.570.910.880.680.670.370.870.87
0.90.210.93-0.60.980.980.170.790.40.960.720.140.930.450.230.870.150.220.820.820.660.430.460.820.96
0.60.21-0.050.120.340.360.940.480.860.210.330.690.430.05-0.020.480.650.890.50.360.170.820.140.430.21
0.740.93-0.05-0.70.890.89-0.040.680.250.910.69-0.230.870.530.280.72-0.22-0.010.770.810.710.10.230.790.91
-0.46-0.60.12-0.7-0.6-0.580.08-0.38-0.09-0.61-0.640.29-0.54-0.67-0.07-0.490.260.02-0.4-0.65-0.75-0.06-0.12-0.42-0.61
0.950.980.340.89-0.61.00.30.770.530.930.80.190.960.530.240.940.20.360.890.870.690.510.40.890.93
0.960.980.360.89-0.581.00.340.810.530.950.80.20.970.50.250.910.20.370.890.890.710.520.390.870.95
0.560.170.94-0.040.080.30.340.510.830.220.40.570.410.080.150.40.520.880.460.420.250.75-0.010.370.22
0.790.790.480.68-0.380.770.810.510.570.830.570.250.790.160.330.640.220.430.690.690.510.60.340.640.83
0.690.40.860.25-0.090.530.530.830.570.340.450.370.640.360.090.670.330.880.750.550.280.640.030.720.34
0.870.960.210.91-0.610.930.950.220.830.340.730.090.910.430.20.740.070.150.770.840.750.390.340.741.0
0.790.720.330.69-0.640.80.80.40.570.450.730.040.780.560.460.720.060.340.720.890.880.430.040.70.73
0.370.140.69-0.230.290.190.20.570.250.370.090.040.11-0.25-0.140.340.990.610.1-0.02-0.180.870.610.050.09
0.960.930.430.87-0.540.960.970.410.790.640.910.780.110.550.20.880.090.40.960.90.730.440.210.940.91
0.470.450.050.53-0.670.530.50.080.160.360.430.56-0.250.55-0.140.51-0.240.170.580.610.630.0-0.070.590.43
0.20.23-0.020.28-0.070.240.250.150.330.090.20.46-0.140.2-0.140.21-0.070.190.170.360.170.120.030.170.2
0.920.870.480.72-0.490.940.910.40.640.670.740.720.340.880.510.210.360.560.870.770.530.610.440.890.74
0.360.150.65-0.220.260.20.20.520.220.330.070.060.990.09-0.24-0.070.360.610.08-0.01-0.20.870.670.040.07
0.570.220.89-0.010.020.360.370.880.430.880.150.340.610.40.170.190.560.610.490.40.080.790.260.440.15
0.910.820.50.77-0.40.890.890.460.690.750.770.720.10.960.580.170.870.080.490.860.640.420.130.990.77
0.880.820.360.81-0.650.870.890.420.690.550.840.89-0.020.90.610.360.77-0.010.40.860.870.40.140.810.84
0.680.660.170.71-0.750.690.710.250.510.280.750.88-0.180.730.630.170.53-0.20.080.640.870.18-0.130.60.75
0.670.430.820.1-0.060.510.520.750.60.640.390.430.870.440.00.120.610.870.790.420.40.180.580.370.39
0.370.460.140.23-0.120.40.39-0.010.340.030.340.040.610.21-0.070.030.440.670.260.130.14-0.130.580.120.34
0.870.820.430.79-0.420.890.870.370.640.720.740.70.050.940.590.170.890.040.440.990.810.60.370.120.74
0.870.960.210.91-0.610.930.950.220.830.341.00.730.090.910.430.20.740.070.150.770.840.750.390.340.74
Click cells to compare fundamentals

Tapestry Account Relationship Matchups

Tapestry fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.9B8.4B7.3B7.1B8.2B8.6B
Short Long Term Debt Total4.5B3.4B3.3B3.3B3.8B4.0B
Total Stockholder Equity2.3B3.3B2.3B2.3B2.6B1.9B
Net Debt3.1B1.4B2.5B2.6B3.0B3.1B
Common Stock Shares Outstanding278.6M283M270.1M241.3M217.2M249.6M
Liabilities And Stockholders Equity7.9B8.4B7.3B7.1B8.2B8.6B
Non Current Liabilities Total3.9B3.7B3.5B3.6B4.1B4.3B
Total Liab5.6B5.1B5.0B4.8B5.6B5.8B
Other Current Liab482.9M628.8M586.7M503.6M579.1M445.9M
Total Current Liabilities1.7B1.4B1.5B1.3B1.5B741.7M
Other Liab513.6M577.3M569.5M581.8M669.1M377.6M
Property Plant And Equipment Net2.5B2.2B1.8B1.9B2.2B2.3B
Accounts Payable130.8M445.2M520.7M416.9M479.4M503.4M
Cash1.4B2.0B789.8M726.1M835.0M922.6M
Non Current Assets Total5.4B5.0B4.7B4.8B5.5B5.7B
Non Currrent Assets Other102.4M161.7M209.4M2.8B3.2B3.4B
Other Assets158.3M161.7M2.9B222.5M255.9M309.9M
Long Term Debt1.6B1.6B1.7B1.6B1.9B2.0B
Cash And Short Term Investments1.4B2.0B953.2M741.5M852.7M1.0B
Net Receivables193.3M200.2M252.3M211.5M243.2M168.5M
Good Will1.3B1.3B1.2B1.2B1.4B1.5B
Inventory736.9M734.8M994.2M919.5M1.1B1.1B
Other Current Assets188.5M424.5M374.1M491M564.7M592.9M
Total Current Assets2.6B3.4B2.6B2.4B2.7B1.9B
Accumulated Other Comprehensive Income(92.2M)(72M)(170.9M)(189.9M)(170.9M)(162.4M)
Short Term Debt1.1B319.4M319.9M322.5M370.9M389.4M
Intangible Assets1.4B1.4B1.4B1.4B1.6B1.6B
Property Plant Equipment2.5B2.2B1.8B1.9B2.2B2.3B
Retained Earnings(992.7M)(158.5M)(1.2B)(1.2B)(1.1B)(1.0B)
Other Stockholder Equity3.4B3.5B3.6B3.7B4.2B2.2B
Property Plant And Equipment Gross2.5B2.2B1.8B1.9B2.2B2.3B
Current Deferred Revenue28.1M32.4M41.5M43.5M50.0M78.9M
Net Tangible Assets(404.1M)588.6M2.3B917.7M825.9M1.0B
Retained Earnings Total Equity(992.7M)(158.5M)(1.2B)(1.2B)(1.1B)(1.0B)
Long Term Debt Total1.6B1.6B1.7B1.6B1.9B1.1B
Capital Surpluse3.4B3.5B3.6B3.7B4.2B3.2B
Deferred Long Term Liab155.1M203.9M221.7M240M276M289.8M

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Additional Tools for Tapestry Stock Analysis

When running Tapestry's price analysis, check to measure Tapestry'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 Tapestry is operating at the current time. Most of Tapestry's value examination focuses on studying past and present price action to predict the probability of Tapestry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tapestry's price. Additionally, you may evaluate how the addition of Tapestry to your portfolios can decrease your overall portfolio volatility.