Walgreens Enterprise Value vs Receivables Turnover Analysis

WBA Stock  USD 17.65  0.20  1.12%   
Walgreens Boots financial indicator trend analysis is more than just analyzing Walgreens Boots Alliance current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Walgreens Boots Alliance is a good investment. Please check the relationship between Walgreens Boots Enterprise Value and its Receivables Turnover accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Enterprise Value vs Receivables Turnover

Enterprise Value vs Receivables Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Walgreens Boots Alliance Enterprise Value account and Receivables Turnover. At this time, the significance of the direction appears to have pay attention.
The correlation between Walgreens Boots' Enterprise Value and Receivables Turnover is -0.97. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Receivables Turnover in the same time period over historical financial statements of Walgreens Boots Alliance, assuming nothing else is changed. The correlation between historical values of Walgreens Boots' Enterprise Value and Receivables 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 Enterprise Value of Walgreens Boots Alliance are associated (or correlated) with its Receivables Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Receivables Turnover has no effect on the direction of Enterprise Value i.e., Walgreens Boots' Enterprise Value and Receivables Turnover go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Enterprise Value

Enterprise Value (or EV) is usually referred to as Walgreens Boots theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Walgreens Boots Alliance debt, but would also pocket its cash. Enterprise Value is more accurate representation of Walgreens Boots value than its market capitalization because it takes into account all of Walgreens Boots Alliance existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Receivables Turnover

Most indicators from Walgreens Boots' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Walgreens Boots Alliance 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
The current year's Selling General Administrative is expected to grow to about 40.4 B, whereas Tax Provision is projected to grow to (1.6 B).
 2021 2022 2023 2024 (projected)
Gross Profit28.3B27.1B31.1B32.7B
Total Revenue132.7B139.1B159.9B167.9B

Walgreens Boots fundamental ratios Correlations

0.920.70.950.410.890.890.91-0.020.990.080.010.8-0.50.960.590.93-0.540.980.510.650.9-0.840.850.560.49
0.920.510.880.20.970.990.8-0.170.950.02-0.140.62-0.650.970.420.77-0.680.970.320.750.78-0.740.680.450.32
0.70.510.620.170.510.50.6-0.070.710.31-0.040.41-0.420.640.260.71-0.330.650.190.30.59-0.50.840.510.2
0.950.880.620.410.820.870.94-0.130.930.23-0.110.87-0.480.880.650.93-0.630.950.530.80.97-0.870.750.40.52
0.410.20.170.410.150.120.570.470.3-0.180.50.680.310.210.880.510.20.280.920.070.5-0.560.160.20.83
0.890.970.510.820.150.970.79-0.250.930.05-0.210.52-0.750.950.370.69-0.720.930.220.70.69-0.610.680.540.16
0.890.990.50.870.120.970.78-0.320.930.08-0.280.57-0.720.950.360.74-0.750.950.210.790.75-0.70.660.460.21
0.910.80.60.940.570.790.78-0.040.880.210.00.84-0.440.80.750.86-0.580.870.610.70.91-0.790.660.390.53
-0.02-0.17-0.07-0.130.47-0.25-0.32-0.04-0.13-0.360.990.180.63-0.110.220.020.66-0.120.58-0.460.0-0.12-0.02-0.170.6
0.990.950.710.930.30.930.930.88-0.130.11-0.10.72-0.590.980.50.89-0.620.990.390.670.86-0.790.860.590.37
0.080.020.310.23-0.180.050.080.21-0.360.11-0.370.05-0.430.020.010.13-0.460.09-0.150.50.130.060.130.06-0.27
0.01-0.14-0.04-0.110.5-0.21-0.280.00.99-0.1-0.370.180.61-0.080.230.040.65-0.10.59-0.440.01-0.14-0.03-0.160.62
0.80.620.410.870.680.520.570.840.180.720.050.18-0.010.640.80.9-0.230.740.790.560.94-0.910.60.330.8
-0.5-0.65-0.42-0.480.31-0.75-0.72-0.440.63-0.59-0.430.61-0.01-0.610.01-0.260.86-0.580.3-0.68-0.280.1-0.4-0.370.4
0.960.970.640.880.210.950.950.8-0.110.980.02-0.080.64-0.610.410.83-0.610.990.330.650.8-0.760.830.550.33
0.590.420.260.650.880.370.360.750.220.50.010.230.80.010.410.63-0.170.50.90.410.72-0.650.320.190.79
0.930.770.710.930.510.690.740.860.020.890.130.040.9-0.260.830.63-0.360.890.60.590.95-0.930.820.540.63
-0.54-0.68-0.33-0.630.2-0.72-0.75-0.580.66-0.62-0.460.65-0.230.86-0.61-0.17-0.36-0.640.13-0.81-0.480.29-0.38-0.130.23
0.980.970.650.950.280.930.950.87-0.120.990.09-0.10.74-0.580.990.50.89-0.640.410.720.88-0.820.820.520.4
0.510.320.190.530.920.220.210.610.580.39-0.150.590.790.30.330.90.60.130.410.190.64-0.680.280.090.95
0.650.750.30.80.070.70.790.7-0.460.670.5-0.440.56-0.680.650.410.59-0.810.720.190.69-0.540.360.180.16
0.90.780.590.970.50.690.750.910.00.860.130.010.94-0.280.80.720.95-0.480.880.640.69-0.930.730.330.66
-0.84-0.74-0.5-0.87-0.56-0.61-0.7-0.79-0.12-0.790.06-0.14-0.910.1-0.76-0.65-0.930.29-0.82-0.68-0.54-0.93-0.67-0.35-0.75
0.850.680.840.750.160.680.660.66-0.020.860.13-0.030.6-0.40.830.320.82-0.380.820.280.360.73-0.670.660.29
0.560.450.510.40.20.540.460.39-0.170.590.06-0.160.33-0.370.550.190.54-0.130.520.090.180.33-0.350.660.04
0.490.320.20.520.830.160.210.530.60.37-0.270.620.80.40.330.790.630.230.40.950.160.66-0.750.290.04
Click cells to compare fundamentals

Walgreens Boots Account Relationship Matchups

Walgreens Boots fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets87.2B81.3B90.1B96.6B111.1B116.7B
Short Long Term Debt Total40.1B33.4B35.5B33.5B38.6B40.5B
Total Current Liabilities27.1B22.1B22.6B24.5B28.2B29.6B
Total Stockholder Equity21.1B23.8B29.4B20.0B23.0B12.2B
Property Plant And Equipment Net35.1B34.1B33.0B33.3B38.2B40.2B
Net Debt39.6B32.2B34.1B32.8B37.7B39.6B
Retained Earnings34.2B35.1B37.8B33.1B38.0B39.9B
Cash516M1.2B1.4B728M837.2M1.1B
Non Current Assets Total69.1B65.5B73.2B81.1B93.3B98.0B
Non Currrent Assets Other(822M)137M287M2.6B2.9B3.1B
Cash And Short Term Investments516M1.2B2.5B739M849.9M1.2B
Net Receivables7.1B5.7B5.0B5.4B6.2B6.5B
Common Stock Shares Outstanding880.3M866.4M865.9M863.2M776.9M807.2M
Liabilities And Stockholders Equity87.2B81.3B90.1B96.6B111.1B116.7B
Non Current Liabilities Total39.0B35.4B37.1B43.6B50.1B52.7B
Inventory9.5B8.2B8.4B8.3B9.5B5.2B
Other Current Assets974M799M1.1B1.1B1.3B1.4B
Other Stockholder Equity(9.3B)(9.2B)(5.6B)(10.1B)(9.1B)(8.6B)
Total Liab66.0B57.5B59.7B68.1B78.4B82.3B
Total Current Assets18.1B15.8B16.9B15.5B17.8B9.2B
Short Term Debt6.0B3.6B3.3B3.3B3.8B3.9B
Accounts Payable14.5B11.1B11.3B12.6B14.5B15.3B
Other Liab3.8B5.3B5.0B12.4B14.3B15.0B
Other Assets660M2.0B1.7B2.5B2.9B3.0B
Long Term Debt12.2B7.7B10.6B8.1B9.4B5.9B
Property Plant Equipment33.4B34.1B33.0B31.8B36.5B38.3B
Property Plant And Equipment Gross35.1B34.1B33.0B46.2B53.1B55.8B
Accumulated Other Comprehensive Income(3.8B)(2.1B)(2.8B)(3.0B)(2.7B)(2.6B)
Good Will15.3B12.4B22.3B28.2B32.4B34.0B
Treasury Stock(19.1B)(20.6B)(20.6B)(20.7B)(18.6B)(17.7B)
Intangible Assets10.8B9.9B10.7B13.6B15.7B16.5B
Net Tangible Assets20.6B1.5B26.3B(23.3B)(21.0B)(19.9B)
Deferred Long Term Liab1.8B1.5B1.9B1.4B1.3B1.6B
Long Term Investments7.3B7.0B5.5B3.5B3.1B4.8B
Short Long Term Debt3.5B1.3B1.1B918M826.2M784.9M

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When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' 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 Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walgreens Boots Alliance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Walgreens Boots Alliance information on this page should be used as a complementary analysis to other Walgreens Boots' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Walgreens Boots' price analysis, check to measure Walgreens Boots' 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 Walgreens Boots is operating at the current time. Most of Walgreens Boots' value examination focuses on studying past and present price action to predict the probability of Walgreens Boots' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walgreens Boots' price. Additionally, you may evaluate how the addition of Walgreens Boots to your portfolios can decrease your overall portfolio volatility.
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Is Walgreens Boots' 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 Walgreens Boots. If investors know Walgreens 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 Walgreens Boots 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
(0.59)
Dividend Share
1.69
Earnings Share
(7.00)
Revenue Per Share
167.542
Quarterly Revenue Growth
0.063
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' 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 Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' 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 Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' 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.