GigaCloud Change To Inventory vs Begin Period Cash Flow Analysis
GCT Stock | USD 17.57 0.51 2.82% |
GigaCloud Technology financial indicator trend analysis is much more than just examining GigaCloud Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GigaCloud Technology is a good investment. Please check the relationship between GigaCloud Technology Change To Inventory and its Begin Period Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GigaCloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Change To Inventory vs Begin Period Cash Flow
Change To Inventory vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GigaCloud Technology Change To Inventory account and Begin Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between GigaCloud Technology's Change To Inventory and Begin Period Cash Flow is -0.38. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of GigaCloud Technology Class, assuming nothing else is changed. The correlation between historical values of GigaCloud Technology's Change To Inventory and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of GigaCloud Technology Class are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Change To Inventory i.e., GigaCloud Technology's Change To Inventory and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.38 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Change To Inventory
The increase or decrease in the amount of inventory a company has over a certain period.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.Most indicators from GigaCloud Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GigaCloud Technology 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 GigaCloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, GigaCloud Technology's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1 B in 2024, whereas Tax Provision is likely to drop slightly above 9.1 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 89.6M | 83.1M | 188.6M | 100.9M | Total Revenue | 414.2M | 490.1M | 703.8M | 441.3M |
GigaCloud Technology fundamental ratios Correlations
Click cells to compare fundamentals
GigaCloud Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for GigaCloud Stock Analysis
When running GigaCloud Technology's price analysis, check to measure GigaCloud Technology'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 GigaCloud Technology is operating at the current time. Most of GigaCloud Technology's value examination focuses on studying past and present price action to predict the probability of GigaCloud Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GigaCloud Technology's price. Additionally, you may evaluate how the addition of GigaCloud Technology to your portfolios can decrease your overall portfolio volatility.