Shoals Cost Of Revenue from 2010 to 2024

SHLS Stock  USD 5.07  0.24  4.97%   
Shoals Technologies Cost Of Revenue yearly trend continues to be comparatively stable with very little volatility. Cost Of Revenue will likely drop to about 170.8 M in 2024. From the period from 2010 to 2024, Shoals Technologies Cost Of Revenue quarterly data regression had r-value of  0.72 and coefficient of variation of  60.49. View All Fundamentals
 
Cost Of Revenue  
First Reported
2019-12-31
Previous Quarter
59.3 M
Current Value
76.8 M
Quarterly Volatility
24 M
 
Covid
Check Shoals Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoals Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.8 M, Interest Expense of 25.3 M or Selling General Administrative of 84.8 M, as well as many indicators such as Price To Sales Ratio of 4.96, Dividend Yield of 0.0716 or PTB Ratio of 4.45. Shoals financial statements analysis is a perfect complement when working with Shoals Technologies Valuation or Volatility modules.
  
Check out the analysis of Shoals Technologies Correlation against competitors.

Latest Shoals Technologies' Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Shoals Technologies Group over the last few years. Cost of Revenue is found on Shoals Technologies income statement and represents the costs associated with goods and services Shoals Technologies 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. It is Shoals Technologies' Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shoals Technologies' overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Shoals Cost Of Revenue Regression Statistics

Arithmetic Mean113,808,732
Geometric Mean101,392,581
Coefficient Of Variation60.49
Mean Deviation48,320,274
Median75,582,000
Standard Deviation68,847,164
Sample Variance4739.9T
Range245.1M
R-Value0.72
Mean Square Error2453.1T
R-Squared0.52
Significance0
Slope11,095,125
Total Sum of Squares66359T

Shoals Cost Of Revenue History

2024170.8 M
2023320.6 M
2022195.6 M
2021130.6 M
2020109 M
2019100.3 M

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Shoals Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Shoals Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Shoals Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cost Of Revenue320.6 M170.8 M

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Additional Tools for Shoals Stock Analysis

When running Shoals Technologies' price analysis, check to measure Shoals Technologies' 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 Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.