Warby Common Stock Shares Outstanding vs Inventory Analysis

WRBY Stock  USD 17.14  0.11  0.64%   
Warby Parker financial indicator trend analysis is more than just analyzing Warby Parker current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Warby Parker is a good investment. Please check the relationship between Warby Parker Common Stock Shares Outstanding and its Inventory accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Warby Parker. 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.
For more information on how to buy Warby Stock please use our How to Invest in Warby Parker guide.

Common Stock Shares Outstanding vs Inventory

Common Stock Shares Outstanding vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Warby Parker Common Stock Shares Outstanding account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between Warby Parker's Common Stock Shares Outstanding and Inventory is 0.7. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Inventory in the same time period over historical financial statements of Warby Parker, assuming nothing else is changed. The correlation between historical values of Warby Parker's Common Stock Shares Outstanding and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Warby Parker are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Common Stock Shares Outstanding i.e., Warby Parker's Common Stock Shares Outstanding and Inventory go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Inventory

Most indicators from Warby Parker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Warby Parker 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 Warby Parker. 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.
For more information on how to buy Warby Stock please use our How to Invest in Warby Parker guide.Tax Provision is likely to drop to about 371.1 K in 2024. Selling General Administrative is likely to drop to about 332 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense347K1.3M1.2M738K
Depreciation And Amortization21.9M31.9M38.6M27.5M

Warby Parker fundamental ratios Correlations

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0.890.970.890.77-0.850.890.990.850.1-0.92-0.960.620.990.610.920.620.750.670.990.930.970.990.890.940.7
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0.790.910.760.66-0.880.750.950.870.22-0.84-0.860.510.950.780.910.510.820.640.950.780.870.940.920.750.57
0.940.590.940.99-0.430.780.640.86-0.6-0.8-0.630.990.630.350.620.990.090.590.620.860.750.70.760.780.57
Click cells to compare fundamentals

Warby Parker Account Relationship Matchups

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 Warby Parker offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Warby Parker's 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 Warby Parker Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Warby Parker Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Warby Parker. 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.
For more information on how to buy Warby Stock please use our How to Invest in Warby Parker guide.
Note that the Warby Parker information on this page should be used as a complementary analysis to other Warby Parker's 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Warby Parker's price analysis, check to measure Warby Parker'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 Warby Parker is operating at the current time. Most of Warby Parker's value examination focuses on studying past and present price action to predict the probability of Warby Parker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Warby Parker's price. Additionally, you may evaluate how the addition of Warby Parker to your portfolios can decrease your overall portfolio volatility.
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Is Warby Parker'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 Warby Parker. If investors know Warby 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 Warby Parker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.47)
Revenue Per Share
5.907
Quarterly Revenue Growth
0.163
Return On Assets
(0.07)
Return On Equity
(0.18)
The market value of Warby Parker is measured differently than its book value, which is the value of Warby that is recorded on the company's balance sheet. Investors also form their own opinion of Warby Parker's value that differs from its market value or its book value, called intrinsic value, which is Warby Parker'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 Warby Parker's market value can be influenced by many factors that don't directly affect Warby Parker'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 Warby Parker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Warby Parker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Warby Parker'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.