Games Net Receivables vs Total Current Assets Analysis

GAW Stock   13,870  180.00  1.31%   
Games Workshop financial indicator trend analysis is much more than just examining Games Workshop Group latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Games Workshop Group is a good investment. Please check the relationship between Games Workshop Net Receivables and its Total Current Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Games Workshop Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Net Receivables vs Total Current Assets

Net Receivables vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Games Workshop Group Net Receivables account and Total Current Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Games Workshop's Net Receivables and Total Current Assets is 0.88. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Games Workshop Group, assuming nothing else is changed. The correlation between historical values of Games Workshop's Net Receivables and Total Current Assets 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 Receivables of Games Workshop Group are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Net Receivables i.e., Games Workshop's Net Receivables and Total Current Assets go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Games Workshop's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Games Workshop Group 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Games Workshop Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Games Workshop's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2010 2023 2024 (projected)
Total Revenue525.7M604.6M634.8M
Interest Expense1.3M1.5M1.6M

Games Workshop fundamental ratios Correlations

1.01.00.390.291.00.921.00.39-0.29-0.290.980.391.00.980.971.00.581.00.290.940.47-0.290.281.00.63
1.01.00.40.31.00.911.00.4-0.3-0.30.980.41.00.980.971.00.591.00.30.930.47-0.30.281.00.63
1.01.00.390.291.00.921.00.39-0.29-0.290.980.391.00.980.971.00.581.00.290.940.47-0.290.281.00.63
0.390.40.390.80.380.090.381.0-0.8-0.80.221.00.380.450.170.380.870.380.80.070.16-0.80.510.40.35
0.290.30.290.80.28-0.120.280.8-1.0-1.00.150.80.280.440.090.280.620.281.0-0.050.03-1.0-0.120.30.09
1.01.01.00.380.280.921.00.38-0.28-0.280.990.381.00.980.971.00.571.00.280.940.47-0.280.271.00.63
0.920.910.920.09-0.120.920.920.090.120.120.960.090.920.830.970.920.360.92-0.120.990.480.120.370.910.63
1.01.01.00.380.281.00.920.38-0.28-0.280.990.381.00.980.981.00.571.00.280.940.47-0.280.271.00.63
0.390.40.391.00.80.380.090.38-0.8-0.80.221.00.380.450.170.380.870.380.80.070.16-0.80.510.40.35
-0.29-0.3-0.29-0.8-1.0-0.280.12-0.28-0.81.0-0.15-0.8-0.28-0.44-0.09-0.28-0.62-0.28-1.00.05-0.031.00.12-0.3-0.09
-0.29-0.3-0.29-0.8-1.0-0.280.12-0.28-0.81.0-0.15-0.8-0.28-0.44-0.09-0.28-0.62-0.28-1.00.05-0.031.00.12-0.3-0.09
0.980.980.980.220.150.990.960.990.22-0.15-0.150.220.990.951.00.990.450.990.150.980.47-0.150.20.980.61
0.390.40.391.00.80.380.090.381.0-0.8-0.80.220.380.450.170.380.870.380.80.070.16-0.80.510.40.35
1.01.01.00.380.281.00.921.00.38-0.28-0.280.990.380.980.971.00.571.00.280.940.47-0.280.271.00.63
0.980.980.980.450.440.980.830.980.45-0.44-0.440.950.450.980.930.980.60.980.440.880.44-0.440.150.980.58
0.970.970.970.170.090.970.970.980.17-0.09-0.091.00.170.970.930.980.410.980.090.990.47-0.090.210.970.6
1.01.01.00.380.281.00.921.00.38-0.28-0.280.990.381.00.980.980.571.00.280.940.47-0.280.271.00.63
0.580.590.580.870.620.570.360.570.87-0.62-0.620.450.870.570.60.410.570.570.620.330.32-0.620.560.590.73
1.01.01.00.380.281.00.921.00.38-0.28-0.280.990.381.00.980.981.00.570.280.940.47-0.280.271.00.63
0.290.30.290.81.00.28-0.120.280.8-1.0-1.00.150.80.280.440.090.280.620.28-0.050.03-1.0-0.120.30.09
0.940.930.940.07-0.050.940.990.940.070.050.050.980.070.940.880.990.940.330.94-0.050.470.050.230.930.59
0.470.470.470.160.030.470.480.470.16-0.03-0.030.470.160.470.440.470.470.320.470.030.47-0.030.240.470.34
-0.29-0.3-0.29-0.8-1.0-0.280.12-0.28-0.81.01.0-0.15-0.8-0.28-0.44-0.09-0.28-0.62-0.28-1.00.05-0.030.12-0.3-0.09
0.280.280.280.51-0.120.270.370.270.510.120.120.20.510.270.150.210.270.560.27-0.120.230.240.120.280.48
1.01.01.00.40.31.00.911.00.4-0.3-0.30.980.41.00.980.971.00.591.00.30.930.47-0.30.280.63
0.630.630.630.350.090.630.630.630.35-0.09-0.090.610.350.630.580.60.630.730.630.090.590.34-0.090.480.63
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Games Workshop Account Relationship Matchups

Games Workshop fundamental ratios Accounts

201920202021202220232024 (projected)
Property Plant And Equipment Gross73.9M95.8M103.1M104.6M218.7M229.6M
Other Liab1.2M1.9M2.1M2.3M2.6M1.7M
Other Assets16.0M21.4M26.9M31.7M36.5M38.3M
Property Plant Equipment30.1M35.3M78.8M95.8M110.2M115.7M
Net Tangible Assets80.7M98.8M125.2M186.5M214.5M225.2M
Deferred Long Term Liab8.2M9.7M10.5M15.3M17.6M18.5M
Non Current Liabilities Other667K1.0M500K600K450K485.9K
Net Invested Capital133.7M196.3M234.7M235.1M251.4M179.4M
Net Working Capital50.3M99.7M109.2M125.8M133.5M84.6M

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Other Information on Investing in Games Stock

Balance Sheet is a snapshot of the financial position of Games Workshop Group at a specified time, usually calculated after every quarter, six months, or one year. Games Workshop Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Games Workshop 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 Games currently owns. An asset can also be divided into two categories, current and non-current.