Johnson Change To Inventory vs Change Receivables Analysis

JCI Stock  USD 79.82  1.03  1.27%   
Johnson Controls financial indicator trend analysis is infinitely more than just investigating Johnson Controls Int recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Johnson Controls Int is a good investment. Please check the relationship between Johnson Controls Change To Inventory and its Change Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Controls International. 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 Change Receivables

Change To Inventory vs Change Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Johnson Controls Int Change To Inventory account and Change Receivables. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Johnson Controls' Change To Inventory and Change Receivables is 0.44. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Change Receivables in the same time period over historical financial statements of Johnson Controls International, assuming nothing else is changed. The correlation between historical values of Johnson Controls' Change To Inventory and Change Receivables 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 Johnson Controls International are associated (or correlated) with its Change Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change Receivables has no effect on the direction of Change To Inventory i.e., Johnson Controls' Change To Inventory and Change Receivables go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.
Most indicators from Johnson Controls' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Johnson Controls Int 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 Johnson Controls International. 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.
As of now, Johnson Controls' Enterprise Value Over EBITDA is increasing as compared to previous years. The Johnson Controls' current Enterprise Value Multiple is estimated to increase to 23.97, while Selling General Administrative is projected to decrease to under 5.6 B.
 2021 2022 2023 2024 (projected)
Gross Profit8.3B9.0B8.1B4.6B
Total Revenue25.3B26.8B23.0B22.9B

Johnson Controls fundamental ratios Correlations

0.870.740.830.980.390.770.210.240.890.510.240.730.80.90.80.060.640.990.820.520.880.350.88-0.150.59
0.870.730.740.810.360.950.13-0.040.950.79-0.040.550.620.960.70.190.680.890.660.760.790.230.8-0.210.7
0.740.730.880.630.570.610.58-0.080.580.62-0.080.590.460.620.610.250.150.810.850.420.440.430.4-0.040.3
0.830.740.880.730.670.680.540.020.650.520.020.870.720.660.840.370.240.890.960.540.480.70.510.070.37
0.980.810.630.730.310.70.140.350.880.40.350.680.810.870.73-0.010.70.930.750.440.920.270.92-0.180.57
0.390.360.570.670.310.420.88-0.290.210.05-0.290.760.610.210.720.43-0.30.450.710.170.010.86-0.010.35-0.19
0.770.950.610.680.70.420.11-0.250.880.74-0.250.550.620.880.730.270.60.80.560.80.670.270.7-0.150.7
0.210.130.580.540.140.880.11-0.23-0.05-0.09-0.230.530.36-0.030.480.29-0.550.280.61-0.1-0.160.71-0.240.31-0.41
0.24-0.04-0.080.020.35-0.29-0.25-0.230.19-0.191.00.110.290.17-0.04-0.140.390.150.18-0.230.35-0.040.4-0.23-0.01
0.890.950.580.650.880.210.88-0.050.190.70.190.550.690.990.650.120.850.870.610.670.880.160.93-0.280.73
0.510.790.620.520.40.050.74-0.09-0.190.7-0.190.220.160.720.250.360.540.580.390.730.420.020.49-0.180.68
0.24-0.04-0.080.020.35-0.29-0.25-0.231.00.19-0.190.110.290.17-0.04-0.140.390.150.18-0.230.35-0.040.4-0.23-0.01
0.730.550.590.870.680.760.550.530.110.550.220.110.880.520.830.50.20.750.890.360.370.860.460.290.2
0.80.620.460.720.810.610.620.360.290.690.160.290.880.650.820.340.430.760.770.330.610.630.670.020.31
0.90.960.620.660.870.210.88-0.030.170.990.720.170.520.650.640.090.820.880.610.650.880.140.91-0.260.72
0.80.70.610.840.730.720.730.48-0.040.650.25-0.040.830.820.640.130.270.830.790.530.560.690.560.010.34
0.060.190.250.37-0.010.430.270.29-0.140.120.36-0.140.50.340.090.13-0.060.110.40.29-0.260.57-0.090.440.04
0.640.680.150.240.7-0.30.6-0.550.390.850.540.390.20.430.820.27-0.060.560.210.540.84-0.230.92-0.380.78
0.990.890.810.890.930.450.80.280.150.870.580.150.750.760.880.830.110.560.850.570.810.410.81-0.110.58
0.820.660.850.960.750.710.560.610.180.610.390.180.890.770.610.790.40.210.850.370.460.740.490.150.23
0.520.760.420.540.440.170.8-0.1-0.230.670.73-0.230.360.330.650.530.290.540.570.370.450.180.51-0.170.7
0.880.790.440.480.920.010.67-0.160.350.880.420.350.370.610.880.56-0.260.840.810.460.45-0.090.96-0.380.67
0.350.230.430.70.270.860.270.71-0.040.160.02-0.040.860.630.140.690.57-0.230.410.740.18-0.090.00.43-0.16
0.880.80.40.510.92-0.010.7-0.240.40.930.490.40.460.670.910.56-0.090.920.810.490.510.960.0-0.340.73
-0.15-0.21-0.040.07-0.180.35-0.150.31-0.23-0.28-0.18-0.230.290.02-0.260.010.44-0.38-0.110.15-0.17-0.380.43-0.34-0.3
0.590.70.30.370.57-0.190.7-0.41-0.010.730.68-0.010.20.310.720.340.040.780.580.230.70.67-0.160.73-0.3
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Johnson Controls Account Relationship Matchups

Johnson Controls fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets40.8B41.9B42.2B42.2B42.7B22.6B
Short Long Term Debt Total7.8B7.7B9.0B8.8B9.5B10.0B
Other Current Liab3.4B3.0B3.6B3.2B4.9B2.5B
Total Current Liabilities8.2B9.1B11.2B11.1B12.0B7.2B
Total Stockholder Equity17.4B17.6B16.3B16.5B16.1B8.6B
Property Plant And Equipment Net3.1B3.2B3.1B3.1B2.4B3.4B
Net Debt5.9B6.4B6.9B8.0B8.9B9.3B
Retained Earnings2.5B2.0B1.2B1.4B848M805.6M
Cash2.0B1.3B2.0B835M606M513.9M
Non Current Assets Total30.8B31.9B30.5B31.5B31.5B33.1B
Non Currrent Assets Other3.5B3.7B3.9B4.5B8.3B8.7B
Cash And Short Term Investments2.0B1.3B2.0B835M606M513.9M
Net Receivables5.3B5.6B5.7B6.0B6.1B4.3B
Liabilities And Stockholders Equity40.8B41.9B42.2B42.2B42.7B22.6B
Non Current Liabilities Total14.0B14.0B13.5B13.5B13.4B14.0B
Inventory1.8B2.1B2.7B2.8B1.8B1.4B
Other Current Assets1.0B992M1.3B1.1B2.7B2.9B
Other Stockholder Equity15.7B16.0B16.0B16.1B16.2B17.0B
Total Liab22.3B23.1B24.8B24.5B25.3B13.6B
Total Current Assets10.1B10.0B11.7B10.7B11.2B7.7B
Short Term Debt293M553M1.5B1.3B1.5B1.6B
Intangible Assets5.4B5.5B5.2B4.9B4.1B2.1B
Accounts Payable3.1B3.7B4.2B4.3B3.4B3.6B
Good Will17.9B18.3B17.4B17.9B16.7B12.1B
Property Plant And Equipment Gross3.1B3.2B3.0B7.1B5.8B4.3B
Accumulated Other Comprehensive Income(776M)(434M)(911M)(955M)(964M)(915.8M)
Other Liab5.6B6.5B6.1B4.6B5.2B3.7B
Other Assets2.3B31.8B6.1B5.6B8.3B5.0B
Long Term Debt7.5B7.5B7.4B7.8B8.0B5.9B
Treasury Stock(1.1B)(1.1B)(1.2B)(1.2B)(1.1B)(1.0B)
Property Plant Equipment3.1B3.2B3.0B4.5B5.2B4.1B
Current Deferred Revenue1.4B1.6B1.8B2.0B2.2B2.3B
Deferred Long Term Liab104M117M174M224M201.6M154.8M

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When determining whether Johnson Controls Int offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Johnson Controls' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Johnson Controls International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Johnson Controls International Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Controls International. 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.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Johnson Controls. If investors know Johnson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Johnson Controls listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.18
Dividend Share
1.48
Earnings Share
2.08
Revenue Per Share
34.064
Quarterly Revenue Growth
(0.1)
The market value of Johnson Controls Int is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Controls' value that differs from its market value or its book value, called intrinsic value, which is Johnson Controls' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Johnson Controls' market value can be influenced by many factors that don't directly affect Johnson Controls' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Johnson Controls' value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Controls is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Controls' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.