Winnebago Net Income vs Accounts Payable Analysis
WGO Stock | USD 64.58 0.40 0.62% |
Winnebago Industries financial indicator trend analysis is more than just analyzing Winnebago Industries current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Winnebago Industries is a good investment. Please check the relationship between Winnebago Industries Net Income and its Accounts Payable accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.
Net Income vs Accounts Payable
Net Income vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Winnebago Industries Net Income account and Accounts Payable. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Winnebago Industries' Net Income and Accounts Payable is 0.94. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Winnebago Industries, assuming nothing else is changed. The correlation between historical values of Winnebago Industries' Net Income and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Winnebago Industries are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Net Income i.e., Winnebago Industries' Net Income and Accounts Payable go up and down completely randomly.
Correlation Coefficient | 0.94 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Winnebago Industries financial statement analysis. It represents the amount of money remaining after all of Winnebago Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Accounts Payable
An accounting item on the balance sheet that represents Winnebago Industries obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Winnebago Industries are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Winnebago Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Winnebago Industries 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 Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.At this time, Winnebago Industries' Selling General Administrative is very stable compared to the past year. As of the 25th of April 2024, Sales General And Administrative To Revenue is likely to grow to 0.07, while Tax Provision is likely to drop about 52.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 929.3M | 586.1M | 674.0M | 707.7M | Total Revenue | 5.0B | 3.5B | 4.0B | 4.2B |
Winnebago Industries fundamental ratios Correlations
Click cells to compare fundamentals
Winnebago Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Winnebago Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 1.7B | 2.1B | 2.4B | 2.4B | 2.8B | 2.9B | |
Short Long Term Debt Total | 539.7M | 555.3M | 586.3M | 634.4M | 729.6M | 766.0M | |
Other Current Liab | 167.9M | 227.2M | 292.8M | 249.1M | 286.5M | 300.8M | |
Total Current Liabilities | 300.4M | 407.3M | 522.1M | 396M | 455.4M | 478.2M | |
Total Stockholder Equity | 827.5M | 1.1B | 1.3B | 1.4B | 1.6B | 1.7B | |
Property Plant And Equipment Net | 204.4M | 219.8M | 317.4M | 369.9M | 425.4M | 446.7M | |
Net Debt | 247.1M | 120.7M | 304.1M | 324.5M | 373.2M | 391.8M | |
Retained Earnings | 913.6M | 1.2B | 1.5B | 1.7B | 2.0B | 2.1B | |
Cash | 292.6M | 434.6M | 282.2M | 309.9M | 356.4M | 374.2M | |
Non Current Assets Total | 1.0B | 1.0B | 1.3B | 1.4B | 1.7B | 1.7B | |
Non Currrent Assets Other | (590K) | (35.6M) | 14.2M | 8.3M | 7.5M | 7.1M | |
Cash And Short Term Investments | 292.6M | 434.6M | 282.2M | 309.9M | 356.4M | 374.2M | |
Net Receivables | 220.8M | 253.8M | 254.1M | 178.5M | 205.3M | 215.5M | |
Common Stock Shares Outstanding | 33.5M | 34.1M | 33.0M | 35.4M | 31.9M | 31.4M | |
Liabilities And Stockholders Equity | 1.7B | 2.1B | 2.4B | 2.4B | 2.8B | 2.9B | |
Non Current Liabilities Total | 585.8M | 598.3M | 631.6M | 668.3M | 768.5M | 807.0M | |
Inventory | 182.9M | 341.5M | 525.8M | 470.6M | 541.2M | 568.2M | |
Other Current Assets | 17.3M | 29.1M | 31.8M | 37.7M | 43.4M | 45.5M | |
Other Stockholder Equity | (111.5M) | (141.5M) | (300.0M) | (405.2M) | (364.7M) | (346.4M) | |
Total Liab | 886.2M | 1.0B | 1.2B | 1.1B | 1.2B | 1.3B | |
Property Plant And Equipment Gross | 204.4M | 219.8M | 317.4M | 573M | 659.0M | 691.9M | |
Total Current Assets | 713.6M | 1.1B | 1.1B | 996.7M | 1.1B | 1.2B | |
Short Term Debt | 3.2M | (13.4M) | 5.7M | 7.2M | 8.3M | 7.9M | |
Accounts Payable | 132.5M | 180.0M | 217.5M | 146.9M | 168.9M | 177.4M | |
Intangible Assets | 404.8M | 390.4M | 472.4M | 502M | 577.3M | 606.2M | |
Other Liab | 41.3M | 37.7M | 45.3M | 26.2M | 23.6M | 22.4M | |
Other Assets | 38.5M | 16.6M | 48.9M | 20M | 18M | 17.1M | |
Treasury Stock | (347.4M) | (351.3M) | (315.3M) | (359.9M) | (323.9M) | (340.1M) | |
Property Plant Equipment | 174.9M | 219.8M | 276.2M | 369.9M | 425.4M | 446.7M | |
Current Deferred Revenue | (3.2M) | 13.4M | 6.1M | (7.2M) | (8.3M) | (7.9M) | |
Net Tangible Assets | 74.6M | 318.5M | 306.4M | 351.6M | 404.3M | 424.6M | |
Long Term Debt | 512.6M | 528.6M | 545.9M | 592.4M | 681.3M | 715.3M | |
Retained Earnings Total Equity | 866.9M | 913.6M | 1.2B | 1.5B | 1.8B | 1.9B | |
Capital Surpluse | 203.8M | 218.5M | 256.2M | 197.7M | 227.4M | 118.1M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Winnebago Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Winnebago Industries' 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 Winnebago Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Winnebago Industries Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Winnebago Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.Note that the Winnebago Industries information on this page should be used as a complementary analysis to other Winnebago Industries' 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
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When running Winnebago Industries' price analysis, check to measure Winnebago Industries' 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 Winnebago Industries is operating at the current time. Most of Winnebago Industries' value examination focuses on studying past and present price action to predict the probability of Winnebago Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Winnebago Industries' price. Additionally, you may evaluate how the addition of Winnebago Industries to your portfolios can decrease your overall portfolio volatility.
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Is Winnebago Industries' 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 Winnebago Industries. If investors know Winnebago 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 Winnebago Industries 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 (0.55) | Dividend Share 1.16 | Earnings Share 3.42 | Revenue Per Share 105.492 | Quarterly Revenue Growth (0.19) |
The market value of Winnebago Industries is measured differently than its book value, which is the value of Winnebago that is recorded on the company's balance sheet. Investors also form their own opinion of Winnebago Industries' value that differs from its market value or its book value, called intrinsic value, which is Winnebago Industries' 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 Winnebago Industries' market value can be influenced by many factors that don't directly affect Winnebago Industries' 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 Winnebago Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Winnebago Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Winnebago Industries' 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.