Patrick Net Working Capital from 2010 to 2024
PATK Stock | USD 133.26 2.48 1.90% |
Net Working Capital | First Reported 2010-12-31 | Previous Quarter 426.1 M | Current Value 393.7 M | Quarterly Volatility 154 M |
Check Patrick Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patrick Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 151.8 M, Interest Expense of 72.4 M or Total Revenue of 3.6 B, as well as many indicators such as Price To Sales Ratio of 0.65, Dividend Yield of 0.0123 or PTB Ratio of 1.32. Patrick financial statements analysis is a perfect complement when working with Patrick Industries Valuation or Volatility modules.
Patrick | Net Working Capital |
Latest Patrick Industries' Net Working Capital Growth Pattern
Below is the plot of the Net Working Capital of Patrick Industries over the last few years. It is Patrick Industries' Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Patrick Industries' overall financial position and show how it may be relating to other accounts over time.
Net Working Capital | 10 Years Trend |
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Net Working Capital |
Timeline |
Patrick Net Working Capital Regression Statistics
Arithmetic Mean | 257,469,648 | |
Geometric Mean | 220,568,151 | |
Coefficient Of Variation | 59.81 | |
Mean Deviation | 131,945,444 | |
Median | 137,528,000 | |
Standard Deviation | 153,998,073 | |
Sample Variance | 23715.4T | |
Range | 405.1M | |
R-Value | 0.84 | |
Mean Square Error | 7381.4T | |
R-Squared | 0.71 | |
Significance | 0.000079 | |
Slope | 29,035,504 | |
Total Sum of Squares | 332015.7T |
Patrick Net Working Capital History
About Patrick Industries Financial Statements
Patrick Industries investors utilize fundamental indicators, such as Net Working Capital, to predict how Patrick Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Net Working Capital | 426.1 M | 393.7 M |
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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 Patrick Industries. If investors know Patrick 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 Patrick Industries 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 (0.01) | Dividend Share 2.2 | Earnings Share 6.96 | Revenue Per Share 168.682 | Quarterly Revenue Growth 0.062 |
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' 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 Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' 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 Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' 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.