GILLETTE | | | 9,414 272.85 2.82% |
Gillette India financial indicator trend analysis is much more than just examining Gillette India latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gillette India is a good investment. Please check the relationship between Gillette India Cost Of Revenue and its Total Revenue accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gillette India Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
Cost Of Revenue vs Total Revenue
Cost Of Revenue vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Gillette India Cost Of Revenue account and
Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Gillette India's Cost Of Revenue and Total Revenue is 0.98. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Gillette India Limited, assuming nothing else is changed. The correlation between historical values of Gillette India's Cost Of Revenue and Total Revenue 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 Gillette India Limited are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Cost Of Revenue i.e., Gillette India's Cost Of Revenue and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Cost Of Revenue
Cost of Revenue is found on Gillette India income statement and represents the costs associated with goods and services Gillette India 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.
Total Revenue
Total revenue comprises all receipts Gillette India generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Gillette India's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gillette India 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 Gillette India Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
At this time, Gillette India's
Selling General Administrative is comparatively stable compared to the past year.
Discontinued Operations is likely to gain to about 292
M in 2024, whereas
Tax Provision is likely to drop slightly above 1.2
B in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 11.7B | 12.9B | 15.3B | 9.7B | Total Revenue | 22.6B | 24.8B | 26.3B | 17.2B |
Gillette India fundamental ratios Correlations
Click cells to compare fundamentals
Gillette India Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gillette India fundamental ratios Accounts
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Additional Tools for Gillette Stock Analysis
When running Gillette India's price analysis, check to
measure Gillette India'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 Gillette India is operating at the current time. Most of Gillette India's value examination focuses on studying past and present price action to
predict the probability of Gillette India's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gillette India's price. Additionally, you may evaluate how the addition of Gillette India to your portfolios can decrease your overall portfolio volatility.