Tapestry Pocfratio vs Payables Turnover Analysis
TPR Stock | USD 41.48 0.87 2.05% |
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 Pocfratio and its Payables 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.
Pocfratio vs Payables Turnover
Pocfratio vs Payables Turnover Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tapestry Pocfratio account and Payables Turnover. At this time, the significance of the direction appears to have strong relationship.
The correlation between Tapestry's Pocfratio and Payables Turnover is 0.66. Overlapping area represents the amount of variation of Pocfratio that can explain the historical movement of Payables 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 Pocfratio and Payables 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 Pocfratio of Tapestry are associated (or correlated) with its Payables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payables Turnover has no effect on the direction of Pocfratio i.e., Tapestry's Pocfratio and Payables Turnover go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Pocfratio
Payables Turnover
A liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.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 05/23/2024, 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 Profit | 4.7B | 4.7B | 5.4B | 5.7B | Total Revenue | 6.7B | 6.7B | 7.7B | 8.0B |
Tapestry fundamental ratios Correlations
Click cells to compare fundamentals
Tapestry Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Tapestry fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.9B | 8.4B | 7.3B | 7.1B | 8.2B | 8.6B | |
Short Long Term Debt Total | 4.5B | 3.4B | 3.3B | 3.3B | 3.8B | 4.0B | |
Total Stockholder Equity | 2.3B | 3.3B | 2.3B | 2.3B | 2.6B | 1.9B | |
Net Debt | 3.1B | 1.4B | 2.5B | 2.6B | 3.0B | 3.1B | |
Common Stock Shares Outstanding | 278.6M | 283M | 270.1M | 241.3M | 217.2M | 249.6M | |
Liabilities And Stockholders Equity | 7.9B | 8.4B | 7.3B | 7.1B | 8.2B | 8.6B | |
Non Current Liabilities Total | 3.9B | 3.7B | 3.5B | 3.6B | 4.1B | 4.3B | |
Total Liab | 5.6B | 5.1B | 5.0B | 4.8B | 5.6B | 5.8B | |
Other Current Liab | 482.9M | 628.8M | 586.7M | 503.6M | 579.1M | 445.9M | |
Total Current Liabilities | 1.7B | 1.4B | 1.5B | 1.3B | 1.5B | 741.7M | |
Other Liab | 513.6M | 577.3M | 569.5M | 581.8M | 669.1M | 377.6M | |
Property Plant And Equipment Net | 2.5B | 2.2B | 1.8B | 1.9B | 2.2B | 2.3B | |
Accounts Payable | 130.8M | 445.2M | 520.7M | 416.9M | 479.4M | 503.4M | |
Cash | 1.4B | 2.0B | 789.8M | 726.1M | 835.0M | 922.6M | |
Non Current Assets Total | 5.4B | 5.0B | 4.7B | 4.8B | 5.5B | 5.7B | |
Non Currrent Assets Other | 102.4M | 161.7M | 209.4M | 2.8B | 3.2B | 3.4B | |
Other Assets | 158.3M | 161.7M | 2.9B | 222.5M | 255.9M | 309.9M | |
Long Term Debt | 1.6B | 1.6B | 1.7B | 1.6B | 1.9B | 2.0B | |
Cash And Short Term Investments | 1.4B | 2.0B | 953.2M | 741.5M | 852.7M | 1.0B | |
Net Receivables | 193.3M | 200.2M | 252.3M | 211.5M | 243.2M | 168.5M | |
Good Will | 1.3B | 1.3B | 1.2B | 1.2B | 1.4B | 1.5B | |
Inventory | 736.9M | 734.8M | 994.2M | 919.5M | 1.1B | 1.1B | |
Other Current Assets | 188.5M | 424.5M | 374.1M | 491M | 564.7M | 592.9M | |
Total Current Assets | 2.6B | 3.4B | 2.6B | 2.4B | 2.7B | 1.9B | |
Accumulated Other Comprehensive Income | (92.2M) | (72M) | (170.9M) | (189.9M) | (170.9M) | (162.4M) | |
Short Term Debt | 1.1B | 319.4M | 319.9M | 322.5M | 370.9M | 389.4M | |
Intangible Assets | 1.4B | 1.4B | 1.4B | 1.4B | 1.6B | 1.6B | |
Property Plant Equipment | 2.5B | 2.2B | 1.8B | 1.9B | 2.2B | 2.3B | |
Retained Earnings | (992.7M) | (158.5M) | (1.2B) | (1.2B) | (1.1B) | (1.0B) | |
Other Stockholder Equity | 3.4B | 3.5B | 3.6B | 3.7B | 4.2B | 2.2B | |
Property Plant And Equipment Gross | 2.5B | 2.2B | 1.8B | 1.9B | 2.2B | 2.3B | |
Current Deferred Revenue | 28.1M | 32.4M | 41.5M | 43.5M | 50.0M | 78.9M | |
Net Tangible Assets | (404.1M) | 588.6M | 2.3B | 917.7M | 825.9M | 1.0B | |
Retained Earnings Total Equity | (992.7M) | (158.5M) | (1.2B) | (1.2B) | (1.1B) | (1.0B) | |
Long Term Debt Total | 1.6B | 1.6B | 1.7B | 1.6B | 1.9B | 1.1B | |
Capital Surpluse | 3.4B | 3.5B | 3.6B | 3.7B | 4.2B | 3.2B | |
Deferred Long Term Liab | 155.1M | 203.9M | 221.7M | 240M | 276M | 289.8M |
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Try AI Portfolio ArchitectCheck 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.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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Is Tapestry'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 Tapestry. If investors know Tapestry 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 Tapestry 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 (0.23) | Dividend Share 1.35 | Earnings Share 3.69 | Revenue Per Share 29.211 | Quarterly Revenue Growth (0.02) |
The market value of Tapestry is measured differently than its book value, which is the value of Tapestry that is recorded on the company's balance sheet. Investors also form their own opinion of Tapestry's value that differs from its market value or its book value, called intrinsic value, which is Tapestry'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 Tapestry's market value can be influenced by many factors that don't directly affect Tapestry'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 Tapestry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tapestry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tapestry'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.