Dominos Inventory vs Total Current Liabilities Analysis

DPZ Stock  USD 472.34  0.57  0.12%   
Dominos Pizza financial indicator trend analysis is much more than just examining Dominos Pizza latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dominos Pizza is a good investment. Please check the relationship between Dominos Pizza Inventory and its Total Current Liabilities accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominos Pizza. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Dominos Stock please use our How to Invest in Dominos Pizza guide.

Inventory vs Total Current Liabilities

Inventory vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dominos Pizza Inventory account and Total Current Liabilities. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dominos Pizza's Inventory and Total Current Liabilities is 0.91. Overlapping area represents the amount of variation of Inventory that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Dominos Pizza, assuming nothing else is changed. The correlation between historical values of Dominos Pizza's Inventory and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory of Dominos Pizza are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Inventory i.e., Dominos Pizza's Inventory and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Inventory

Total Current Liabilities

Total Current Liabilities is an item on Dominos Pizza balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Dominos Pizza are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Dominos Pizza's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dominos Pizza 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominos Pizza. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
For more information on how to buy Dominos Stock please use our How to Invest in Dominos Pizza guide.Enterprise Value is likely to rise to about 18.5 B in 2024, whereas Selling General Administrative is likely to drop slightly above 269.4 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit1.7B1.6B1.7B1.8B
Total Revenue4.4B4.5B4.5B2.5B

Dominos Pizza fundamental ratios Correlations

0.98-0.960.980.620.59-0.540.980.980.810.910.830.930.44-0.370.86-0.720.860.840.340.95-0.740.80.980.05-0.96
0.98-0.991.00.540.51-0.541.01.00.820.870.860.920.49-0.460.9-0.780.850.780.40.95-0.730.80.950.05-0.99
-0.96-0.99-0.99-0.52-0.480.58-0.99-0.99-0.85-0.85-0.89-0.9-0.530.48-0.930.8-0.87-0.75-0.42-0.920.74-0.83-0.92-0.081.0
0.981.0-0.990.520.48-0.541.01.00.810.870.850.920.49-0.460.9-0.790.850.780.40.95-0.730.80.940.04-0.99
0.620.54-0.520.520.99-0.430.540.540.70.440.60.410.42-0.180.58-0.280.520.410.170.42-0.450.590.650.45-0.52
0.590.51-0.480.480.99-0.360.510.50.660.410.540.340.37-0.20.54-0.260.490.410.180.38-0.390.550.620.42-0.48
-0.54-0.540.58-0.54-0.43-0.36-0.54-0.53-0.6-0.59-0.7-0.58-0.19-0.19-0.740.22-0.73-0.440.23-0.520.85-0.75-0.61-0.20.62
0.981.0-0.991.00.540.51-0.541.00.820.870.860.920.49-0.460.9-0.780.850.790.410.95-0.730.80.950.05-0.99
0.981.0-0.991.00.540.5-0.531.00.830.870.860.910.51-0.480.9-0.80.850.780.430.94-0.710.80.940.06-0.99
0.810.82-0.850.810.70.66-0.60.820.830.660.950.670.73-0.60.94-0.780.880.590.580.66-0.530.790.760.35-0.83
0.910.87-0.850.870.440.41-0.590.870.870.660.760.880.2-0.160.76-0.570.830.950.130.89-0.760.820.9-0.03-0.86
0.830.86-0.890.850.60.54-0.70.860.860.950.760.760.69-0.50.96-0.740.910.630.440.74-0.670.870.790.27-0.88
0.930.92-0.90.920.410.34-0.580.920.910.670.880.760.37-0.220.77-0.620.780.750.170.97-0.820.740.9-0.05-0.91
0.440.49-0.530.490.420.37-0.190.490.510.730.20.690.37-0.750.57-0.670.460.040.70.37-0.160.310.320.3-0.49
-0.37-0.460.48-0.46-0.18-0.2-0.19-0.46-0.48-0.6-0.16-0.5-0.22-0.75-0.470.82-0.39-0.17-0.98-0.28-0.19-0.23-0.24-0.150.43
0.860.9-0.930.90.580.54-0.740.90.90.940.760.960.770.57-0.47-0.770.940.670.420.78-0.710.880.840.21-0.93
-0.72-0.780.8-0.79-0.28-0.260.22-0.78-0.8-0.78-0.57-0.74-0.62-0.670.82-0.77-0.78-0.55-0.8-0.690.26-0.5-0.630.140.76
0.860.85-0.870.850.520.49-0.730.850.850.880.830.910.780.46-0.390.94-0.780.780.370.79-0.670.830.840.01-0.87
0.840.78-0.750.780.410.41-0.440.790.780.590.950.630.750.04-0.170.67-0.550.780.170.8-0.590.730.85-0.1-0.76
0.340.4-0.420.40.170.180.230.410.430.580.130.440.170.7-0.980.42-0.80.370.170.220.280.180.210.16-0.36
0.950.95-0.920.950.420.38-0.520.950.940.660.890.740.970.37-0.280.78-0.690.790.80.22-0.790.710.92-0.15-0.94
-0.74-0.730.74-0.73-0.45-0.390.85-0.73-0.71-0.53-0.76-0.67-0.82-0.16-0.19-0.710.26-0.67-0.590.28-0.79-0.73-0.78-0.040.78
0.80.8-0.830.80.590.55-0.750.80.80.790.820.870.740.31-0.230.88-0.50.830.730.180.71-0.730.810.37-0.84
0.980.95-0.920.940.650.62-0.610.950.940.760.90.790.90.32-0.240.84-0.630.840.850.210.92-0.780.810.06-0.93
0.050.05-0.080.040.450.42-0.20.050.060.35-0.030.27-0.050.3-0.150.210.140.01-0.10.16-0.15-0.040.370.06-0.07
-0.96-0.991.0-0.99-0.52-0.480.62-0.99-0.99-0.83-0.86-0.88-0.91-0.490.43-0.930.76-0.87-0.76-0.36-0.940.78-0.84-0.93-0.07
Click cells to compare fundamentals

Dominos Pizza Account Relationship Matchups

Dominos Pizza fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.6B1.7B1.6B1.7B1.8B
Short Long Term Debt Total4.4B4.4B5.3B5.3B5.2B5.5B
Total Stockholder Equity(3.4B)(3.3B)(4.2B)(4.2B)(4.1B)(3.9B)
Net Debt4.2B4.2B5.1B5.2B5.1B5.3B
Cash190.6M168.8M148.2M60.4M114.1M70.2M
Cash And Short Term Investments190.6M168.8M148.2M60.4M114.1M74.7M
Common Stock Shares Outstanding41.9M39.6M37.7M36.1M35.4M61.0M
Liabilities And Stockholders Equity1.4B1.6B1.7B1.6B1.7B1.8B
Non Current Liabilities Total4.3B4.4B5.3B5.3B5.2B5.5B
Total Liab4.8B4.9B5.9B5.8B5.7B6.0B
Total Current Assets787.6M869.4M860.5M790.7M817.3M446.2M
Other Current Liab101.9M301.7M369.3M351.7M306.1M321.4M
Total Current Liabilities453.8M470.8M590.7M536.6M547.4M336.9M
Other Liab70.2M78.5M91.5M92.0M105.8M111.1M
Accounts Payable111.1M94.5M91.5M89.7M106.3M86.8M
Other Assets34.6M75.8M24.6M30.8M27.7M26.3M
Long Term Debt4.1B4.1B4.9B4.9B4.9B2.5B
Good Will15.1M15.1M15.0M11.8M11.7M14.0M
Inventory53.0M66.7M68.3M81.6M83.0M42.9M
Other Current Assets19.1M389.3M388.7M391.2M337.4M354.3M
Other Stockholder Equity243K5.1M840K9.7M2.8M2.7M
Intangible Assets73.1M81.3M95.6M108.4M134.1M140.8M
Property Plant Equipment242.9M297.4M534.8M302.2M347.6M184.0M
Property Plant And Equipment Net471.7M525.6M534.8M521.4M511.7M537.3M
Current Deferred Revenue164.1M196.4M232.7M1.9M38.2M36.3M
Retained Earnings(3.4B)(3.3B)(4.2B)(4.2B)(4.1B)(3.9B)
Non Current Assets Total594.5M697.8M811.3M811.6M857.6M900.5M
Non Currrent Assets Other12.5M60.6M38.0M42.2M42.9M24.4M
Net Receivables210.3M244.6M255.3M257.5M282.8M151.2M
Property Plant And Equipment Gross471.7M525.6M642.5M634.7M882.1M926.2M
Accumulated Other Comprehensive Income(3.7M)(2.4M)(2.8M)(4.7M)(3.9M)(3.7M)
Short Term Debt76.7M74.6M129.9M89.7M135.0M141.8M
Short Term Investments12.0M13.3M15.4M13.4M15.4M23.4M
Net Tangible Assets(3.4B)(3.3B)(4.3B)(4.3B)(3.9B)(4.1B)
Retained Earnings Total Equity(3.4B)(3.3B)(4.2B)(4.2B)(3.8B)(4.0B)
Long Term Debt Total4.1B4.1B5.0B5.0B5.7B3.2B
Long Term Investments12.0M13.3M141.3M139.2M143.6M150.7M

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