GEM Cost Of Revenue vs Gross Profit Analysis

002340 Stock

6.63 0.08 1.22%

GEM financial indicator trend analysis is much more than just examining GEM Co latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GEM Co is a good investment. Please check the relationship between GEM Cost Of Revenue and its Gross Profit accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in GEM Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GEM Co Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between GEM's Cost Of Revenue and Gross Profit is 0.91. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of GEM Co, assuming nothing else is changed. The correlation between historical values of GEM's Cost Of Revenue and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of GEM Co are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost Of Revenue i.e., GEM's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.91

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Cost Of Revenue

Cost of Revenue is found on GEM Co income statement and represents the costs associated with goods and services GEM provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of GEM Co minus its cost of goods sold. It is profit before GEM operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from GEM's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GEM Co 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in GEM Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

As of December 27, 2024, Selling General Administrative is expected to decline to about 175.4 M. In addition to that, Tax Provision is expected to decline to about 159.3 M

	2021	2022	2023	2024 (projected)
Operating Income	1.8B	2.3B	1.7B	854.8M
Total Revenue	19.3B	29.4B	30.5B	32.1B

Operating Income Total Revenue

GEM fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Net Receivables	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Assets	Long Term Debt	Good Will	Short Term Investments	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt
Total Assets		0.37	0.99	0.99	0.93	0.98	0.96	0.97	0.98	0.98	0.39	1.0	0.93	0.94	0.98	0.96	0.92	-0.64	-0.26	0.84	0.35	0.78	0.79	0.77	0.91	0.79
Other Current Liab	0.37		0.4	0.42	0.39	0.37	0.44	0.36	0.39	0.46	0.92	0.35	0.53	0.57	0.5	0.51	0.14	-0.11	0.03	0.45	0.42	0.41	0.59	0.6	0.3	0.59
Total Current Liabilities	0.99	0.4		0.97	0.9	0.97	0.96	0.96	0.97	0.98	0.44	0.99	0.93	0.95	0.98	0.96	0.89	-0.62	-0.27	0.82	0.38	0.76	0.81	0.81	0.88	0.81
Total Stockholder Equity	0.99	0.42	0.97		0.91	0.99	0.96	0.98	0.95	0.98	0.45	0.97	0.94	0.94	0.99	0.96	0.88	-0.67	-0.26	0.88	0.33	0.83	0.82	0.77	0.92	0.82
Other Liab	0.93	0.39	0.9	0.91		0.91	0.85	0.84	0.97	0.9	0.32	0.93	0.85	0.83	0.92	0.87	0.93	-0.51	-0.18	0.74	0.36	0.64	0.69	0.63	0.84	0.68
Retained Earnings	0.98	0.37	0.97	0.99	0.91		0.98	0.98	0.95	0.97	0.39	0.96	0.89	0.92	0.97	0.96	0.87	-0.75	-0.37	0.89	0.26	0.85	0.79	0.75	0.94	0.8
Accounts Payable	0.96	0.44	0.96	0.96	0.85	0.98		0.95	0.91	0.95	0.44	0.94	0.89	0.91	0.96	0.95	0.79	-0.77	-0.34	0.89	0.24	0.87	0.77	0.75	0.9	0.78
Cash	0.97	0.36	0.96	0.98	0.84	0.98	0.95		0.91	0.97	0.44	0.95	0.9	0.94	0.96	0.95	0.84	-0.72	-0.34	0.88	0.3	0.85	0.82	0.8	0.92	0.84
Net Receivables	0.98	0.39	0.97	0.95	0.97	0.95	0.91	0.91		0.96	0.38	0.99	0.91	0.91	0.96	0.93	0.95	-0.54	-0.22	0.78	0.42	0.7	0.78	0.75	0.88	0.77
Inventory	0.98	0.46	0.98	0.98	0.9	0.97	0.95	0.97	0.96		0.52	0.98	0.96	0.97	0.99	0.98	0.88	-0.6	-0.29	0.85	0.41	0.79	0.86	0.84	0.9	0.87
Other Current Assets	0.39	0.92	0.44	0.45	0.32	0.39	0.44	0.44	0.38	0.52		0.38	0.57	0.65	0.52	0.57	0.16	-0.17	-0.14	0.47	0.46	0.46	0.71	0.75	0.34	0.71
Total Liab	1.0	0.35	0.99	0.97	0.93	0.96	0.94	0.95	0.99	0.98	0.38		0.92	0.93	0.97	0.95	0.94	-0.59	-0.25	0.8	0.38	0.73	0.79	0.77	0.88	0.78
Intangible Assets	0.93	0.53	0.93	0.94	0.85	0.89	0.89	0.9	0.91	0.96	0.57	0.92		0.94	0.95	0.93	0.81	-0.48	-0.14	0.78	0.46	0.73	0.83	0.81	0.81	0.83
Common Stock	0.94	0.57	0.95	0.94	0.83	0.92	0.91	0.94	0.91	0.97	0.65	0.93	0.94		0.95	0.96	0.79	-0.54	-0.31	0.84	0.53	0.77	0.93	0.93	0.86	0.93
Property Plant Equipment	0.98	0.5	0.98	0.99	0.92	0.97	0.96	0.96	0.96	0.99	0.52	0.97	0.95	0.95		0.97	0.87	-0.63	-0.25	0.86	0.36	0.8	0.82	0.79	0.89	0.82
Other Assets	0.96	0.51	0.96	0.96	0.87	0.96	0.95	0.95	0.93	0.98	0.57	0.95	0.93	0.96	0.97		0.84	-0.65	-0.3	0.86	0.43	0.83	0.88	0.85	0.88	0.88
Long Term Debt	0.92	0.14	0.89	0.88	0.93	0.87	0.79	0.84	0.95	0.88	0.16	0.94	0.81	0.79	0.87	0.84		-0.44	-0.15	0.64	0.36	0.56	0.64	0.6	0.81	0.63
Good Will	-0.64	-0.11	-0.62	-0.67	-0.51	-0.75	-0.77	-0.72	-0.54	-0.6	-0.17	-0.59	-0.48	-0.54	-0.63	-0.65	-0.44		0.62	-0.79	0.24	-0.85	-0.44	-0.41	-0.72	-0.49
Short Term Investments	-0.26	0.03	-0.27	-0.26	-0.18	-0.37	-0.34	-0.34	-0.22	-0.29	-0.14	-0.25	-0.14	-0.31	-0.25	-0.3	-0.15	0.62		-0.42	0.13	-0.4	-0.34	-0.36	-0.4	-0.39
Net Tangible Assets	0.84	0.45	0.82	0.88	0.74	0.89	0.89	0.88	0.78	0.85	0.47	0.8	0.78	0.84	0.86	0.86	0.64	-0.79	-0.42		0.17	0.97	0.82	0.73	0.96	0.85
Other Stockholder Equity	0.35	0.42	0.38	0.33	0.36	0.26	0.24	0.3	0.42	0.41	0.46	0.38	0.46	0.53	0.36	0.43	0.36	0.24	0.13	0.17		0.08	0.63	0.63	0.24	0.55
Deferred Long Term Liab	0.78	0.41	0.76	0.83	0.64	0.85	0.87	0.85	0.7	0.79	0.46	0.73	0.73	0.77	0.8	0.83	0.56	-0.85	-0.4	0.97	0.08		0.76	0.68	0.9	0.8
Long Term Investments	0.79	0.59	0.81	0.82	0.69	0.79	0.77	0.82	0.78	0.86	0.71	0.79	0.83	0.93	0.82	0.88	0.64	-0.44	-0.34	0.82	0.63	0.76		0.96	0.82	0.99
Short Long Term Debt	0.77	0.6	0.81	0.77	0.63	0.75	0.75	0.8	0.75	0.84	0.75	0.77	0.81	0.93	0.79	0.85	0.6	-0.41	-0.36	0.73	0.63	0.68	0.96		0.73	0.96
Total Current Assets	0.91	0.3	0.88	0.92	0.84	0.94	0.9	0.92	0.88	0.9	0.34	0.88	0.81	0.86	0.89	0.88	0.81	-0.72	-0.4	0.96	0.24	0.9	0.82	0.73		0.85
Short Term Debt	0.79	0.59	0.81	0.82	0.68	0.8	0.78	0.84	0.77	0.87	0.71	0.78	0.83	0.93	0.82	0.88	0.63	-0.49	-0.39	0.85	0.55	0.8	0.99	0.96	0.85

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GEM Account Relationship Matchups

GEM fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	26.8B	29.7B	34.4B	44.1B	52.6B	55.3B
Other Current Liab	1.1B	1.4B	2.5B	417.8M	409.9M	638.5M
Total Current Liabilities	12.0B	13.6B	13.9B	15.1B	22.2B	23.3B
Total Stockholder Equity	10.5B	13.3B	14.2B	18.5B	18.8B	19.7B
Other Liab	339.5M	252.7M	227.6M	793.8M	912.9M	958.5M
Retained Earnings	2.9B	3.1B	4.0B	5.0B	5.4B	5.7B
Accounts Payable	3.3B	3.8B	4.3B	3.9B	5.4B	5.7B
Cash	3.3B	4.4B	3.7B	5.4B	5.5B	5.8B
Net Receivables	3.0B	2.5B	5.0B	5.3B	6.9B	7.3B
Inventory	5.7B	5.8B	6.3B	7.7B	8.3B	8.7B
Other Current Assets	1.5B	1.6B	2.1B	581.3M	450.1M	720.2M
Total Liab	15.8B	15.6B	18.6B	23.3B	30.9B	32.5B
Intangible Assets	1.9B	1.9B	1.9B	2.2B	2.4B	2.5B
Common Stock	3.8B	4.2B	4.1B	4.8B	5.5B	5.8B
Property Plant Equipment	8.4B	9.6B	10.8B	13.4B	15.4B	16.2B
Other Assets	761.4M	850.1M	756.9M	966.4M	1.1B	1.2B
Long Term Debt	3.5B	1.4B	3.8B	7.5B	8.2B	8.6B
Net Tangible Assets	8.3B	8.6B	11.5B	12.3B	14.2B	8.9B
Other Stockholder Equity	34.5M	40.1M	33.6M	27.0M	24.3M	34.0M
Deferred Long Term Liab	112.1M	125.9M	152.5M	153.5M	176.5M	112.6M
Short Long Term Debt	6.2B	6.6B	5.6B	4.4B	6.6B	5.8B
Total Current Assets	13.6B	15.1B	17.0B	22.0B	24.6B	16.4B
Non Current Assets Total	13.3B	14.6B	17.4B	22.1B	28.1B	17.6B
Non Currrent Assets Other	616.6M	512.4M	693.6M	625.0M	1.7B	1.7B
Non Current Liabilities Total	3.8B	2.0B	4.7B	8.2B	8.7B	5.5B
Net Debt	5.4B	3.6B	5.7B	6.5B	9.2B	7.0B
Common Stock Shares Outstanding	4.2B	4.1B	4.8B	5.1B	5.9B	5.0B
Net Invested Capital	19.2B	21.4B	23.7B	30.4B	33.5B	26.0B
Net Working Capital	1.6B	1.5B	3.1B	7.0B	2.4B	3.0B

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Other Information on Investing in GEM Stock

Balance Sheet is a snapshot of the financial position of GEM Co at a specified time, usually calculated after every quarter, six months, or one year. GEM Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of GEM and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which GEM currently owns. An asset can also be divided into two categories, current and non-current.

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GEM Cost Of Revenue vs Gross Profit Analysis

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

Correlation Coefficient

Cost Of Revenue

Gross Profit

GEM fundamental ratios Correlations

GEM Account Relationship Matchups

High Positive Relationship

High Negative Relationship

GEM fundamental ratios Accounts

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Other Information on Investing in GEM Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Total Current Liabilities	+ 0.99	Total Assets
Total Stockholder Equity	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Property Plant Equipment	+ 0.99	Total Stockholder Equity

Deferred Long Term Liab	- 0.85	Good Will
Net Tangible Assets	- 0.79	Good Will
Good Will	- 0.77	Accounts Payable
Good Will	- 0.75	Retained Earnings
Total Current Assets	- 0.72	Good Will
Good Will	- 0.72	Cash