Shoe Change In Working Capital from 2010 to 2024

SCVL Stock  USD 33.76  0.15  0.45%   
Shoe Carnival Change In Working Capital yearly trend continues to be quite stable with very little volatility. Change In Working Capital may rise above about -43.3 M this year. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
1993-01-31
Previous Quarter
-25 M
Current Value
-21.6 M
Quarterly Volatility
17.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shoe Carnival financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoe Carnival's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.6 M, Interest Expense of 513.1 K or Total Revenue of 746.4 M, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0486 or PTB Ratio of 0.86. Shoe financial statements analysis is a perfect complement when working with Shoe Carnival Valuation or Volatility modules.
  
Check out the analysis of Shoe Carnival Correlation against competitors.
For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.

Latest Shoe Carnival's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Shoe Carnival over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Shoe Carnival's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shoe Carnival's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

Shoe Change In Working Capital Regression Statistics

Arithmetic Mean(29,707,247)
Coefficient Of Variation(142.73)
Mean Deviation29,564,862
Median(20,891,000)
Standard Deviation42,402,357
Sample Variance1798T
Range165.8M
R-Value(0.55)
Mean Square Error1352.8T
R-Squared0.30
Significance0.03
Slope(5,204,835)
Total Sum of Squares25171.4T

Shoe Change In Working Capital History

2024-43.3 M
2023-45.6 M
2022-151 M
2021-83.2 M
2020-21.6 M
2019-47.1 M
201814.7 M

About Shoe Carnival Financial Statements

Shoe Carnival investors utilize fundamental indicators, such as Change In Working Capital, to predict how Shoe 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 ReportedProjected for Next Year
Change In Working Capital-45.6 M-43.3 M

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When determining whether Shoe Carnival is a strong investment it is important to analyze Shoe Carnival's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shoe Carnival's future performance. For an informed investment choice regarding Shoe Stock, refer to the following important reports:
Check out the analysis of Shoe Carnival Correlation against competitors.
For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Specialty Retail 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 Shoe Carnival. If investors know Shoe 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 Shoe Carnival 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
0.155
Earnings Share
2.72
Revenue Per Share
45.392
Quarterly Revenue Growth
0.129
Return On Assets
0.0587
The market value of Shoe Carnival is measured differently than its book value, which is the value of Shoe that is recorded on the company's balance sheet. Investors also form their own opinion of Shoe Carnival's value that differs from its market value or its book value, called intrinsic value, which is Shoe Carnival's 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 Shoe Carnival's market value can be influenced by many factors that don't directly affect Shoe Carnival's 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 Shoe Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shoe Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shoe Carnival's 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.