Arrow Cost Of Revenue vs Total Operating Expenses Analysis

ARW Stock  USD 119.26  2.31  1.98%   
Arrow Electronics financial indicator trend analysis is way more than just evaluating Arrow Electronics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arrow Electronics is a good investment. Please check the relationship between Arrow Electronics Cost Of Revenue and its Total Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.

Cost Of Revenue vs Total Operating Expenses

Cost Of Revenue vs Total Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Arrow Electronics Cost Of Revenue account and Total Operating Expenses. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Arrow Electronics' Cost Of Revenue and Total Operating Expenses is 0.81. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Arrow Electronics, assuming nothing else is changed. The correlation between historical values of Arrow Electronics' Cost Of Revenue and Total Operating Expenses 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 Arrow Electronics are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Arrow Electronics' Cost Of Revenue and Total Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Cost Of Revenue

Cost of Revenue is found on Arrow Electronics income statement and represents the costs associated with goods and services Arrow Electronics 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 Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.
Most indicators from Arrow Electronics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Arrow Electronics 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Arrow Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Arrow Stock please use our How to Invest in Arrow Electronics guide.At this time, Arrow Electronics' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value is likely to climb to about 9.8 B in 2024, whereas Selling General Administrative is likely to drop slightly above 1.3 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit4.2B4.8B4.1B4.4B
Total Revenue34.5B37.1B33.1B34.8B

Arrow Electronics fundamental ratios Correlations

0.940.960.980.960.470.950.910.140.570.660.150.990.170.680.980.81-0.471.00.740.990.67-0.120.990.430.61
0.940.860.890.920.470.990.80.290.570.470.290.90.240.720.930.77-0.310.930.760.920.67-0.020.890.420.6
0.960.860.980.910.290.890.82-0.020.420.66-0.020.970.150.50.960.9-0.380.960.780.970.76-0.190.960.330.56
0.980.890.980.90.30.930.87-0.010.410.67-0.011.00.020.540.990.87-0.460.990.781.00.77-0.30.990.260.48
0.960.920.910.90.630.90.860.330.710.620.330.920.420.740.90.74-0.350.930.710.920.560.140.910.620.75
0.470.470.290.30.630.360.580.670.970.370.660.360.590.870.31-0.03-0.340.410.070.36-0.220.630.370.830.78
0.950.990.890.930.90.360.810.120.470.510.130.930.140.650.970.84-0.340.950.780.950.73-0.130.920.320.53
0.910.80.820.870.860.580.810.090.650.690.090.90.10.80.870.57-0.780.910.40.890.36-0.090.920.530.57
0.140.29-0.02-0.010.330.670.120.090.58-0.21.00.030.650.470.02-0.190.20.080.10.05-0.180.610.020.590.42
0.570.570.420.410.710.970.470.650.580.430.570.470.570.910.420.13-0.350.510.180.47-0.10.60.480.810.88
0.660.470.660.670.620.370.510.69-0.20.43-0.20.69-0.030.470.630.51-0.540.660.360.670.36-0.190.690.260.52
0.150.29-0.02-0.010.330.660.130.091.00.57-0.20.030.650.470.02-0.180.20.090.10.05-0.170.610.020.590.41
0.990.90.971.00.920.360.930.90.030.470.690.030.060.60.990.84-0.51.00.741.00.71-0.251.00.330.53
0.170.240.150.020.420.590.140.10.650.57-0.030.650.060.370.040.040.260.090.120.07-0.150.860.020.840.59
0.680.720.50.540.740.870.650.80.470.910.470.470.60.370.590.21-0.570.650.180.610.00.370.620.720.76
0.980.930.960.990.90.310.970.870.020.420.630.020.990.040.590.86-0.460.990.760.990.75-0.260.980.280.5
0.810.770.90.870.74-0.030.840.57-0.190.130.51-0.180.840.040.210.86-0.110.820.860.850.91-0.310.810.060.37
-0.47-0.31-0.38-0.46-0.35-0.34-0.34-0.780.2-0.35-0.540.2-0.50.26-0.57-0.46-0.11-0.50.19-0.470.080.25-0.54-0.29-0.16
1.00.930.960.990.930.410.950.910.080.510.660.091.00.090.650.990.82-0.50.741.00.69-0.20.990.370.55
0.740.760.780.780.710.070.780.40.10.180.360.10.740.120.180.760.860.190.740.760.91-0.220.710.020.37
0.990.920.971.00.920.360.950.890.050.470.670.051.00.070.610.990.85-0.471.00.760.73-0.230.990.330.53
0.670.670.760.770.56-0.220.730.36-0.18-0.10.36-0.170.71-0.150.00.750.910.080.690.910.73-0.50.68-0.230.14
-0.12-0.02-0.19-0.30.140.63-0.13-0.090.610.6-0.190.61-0.250.860.37-0.26-0.310.25-0.2-0.22-0.23-0.5-0.260.730.54
0.990.890.960.990.910.370.920.920.020.480.690.021.00.020.620.980.81-0.540.990.710.990.68-0.260.320.51
0.430.420.330.260.620.830.320.530.590.810.260.590.330.840.720.280.06-0.290.370.020.33-0.230.730.320.69
0.610.60.560.480.750.780.530.570.420.880.520.410.530.590.760.50.37-0.160.550.370.530.140.540.510.69
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Arrow Electronics Account Relationship Matchups

Arrow Electronics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets16.4B17.1B19.5B21.8B21.7B22.8B
Short Long Term Debt Total3.0B2.3B2.6B3.8B3.8B4.0B
Other Current Liab880.5M1.0B1.3B1.3B1.5B1.5B
Total Current Liabilities8.3B9.1B11.3B12.4B13.2B13.8B
Total Stockholder Equity4.8B5.1B5.3B5.5B5.8B6.1B
Property Plant And Equipment Net803.1M799.6M682.8M596.5M530.7M389.3M
Net Debt2.7B1.9B2.4B3.6B3.6B3.8B
Retained Earnings6.1B6.7B7.8B9.2B5.8B6.1B
Cash300.1M373.6M222.2M176.9M218.1M334.7M
Non Current Assets Total3.9B3.9B3.6B3.4B3.4B2.1B
Non Currrent Assets Other651.4M675.8M620.3M574.5M627.3M348.2M
Cash And Short Term Investments300.1M373.6M222.2M176.9M218.1M339.1M
Net Receivables8.5B9.2B11.1B12.3B12.2B12.8B
Common Stock Shares Outstanding83.6M78.6M73.4M65.5M57.0M92.4M
Liabilities And Stockholders Equity16.4B17.1B19.5B21.8B21.7B22.8B
Non Current Liabilities Total3.3B2.8B2.9B3.8B2.7B1.8B
Inventory3.5B3.3B4.2B5.3B5.2B5.4B
Other Current Assets266.2M286.6M345.2M521.3M684.1M718.3M
Other Stockholder Equity(1.2B)(1.6B)(2.4B)(3.4B)255.6M268.4M
Total Liab11.5B11.9B14.2B16.2B15.8B16.6B
Property Plant And Equipment Gross803.1M799.6M682.8M596.5M1.8B1.9B
Total Current Assets12.5B13.2B15.9B18.3B18.3B19.2B
Accumulated Other Comprehensive Income(262.2M)(104.9M)(191.7M)(365.3M)(298.0M)(283.1M)
Short Term Debt331.4M158.6M382.6M589.9M1.7B1.7B
Intangible Assets271.9M233.8M195.0M159.1M127.4M121.1M
Accounts Payable7.0B7.9B9.6B10.5B10.1B10.6B
Good Will2.1B2.1B2.1B2.0B2.1B1.6B
Other Liab372.9M676.1M624.2M352.2M405.0M336.6M
Other Assets328.7M752.1M620.3M574.5M660.7M371.7M
Long Term Debt2.6B2.1B2.2B3.2B2.2B2.3B
Treasury Stock(2.3B)(2.8B)(3.6B)(4.6B)(4.2B)(4.0B)
Property Plant Equipment803.1M799.6M682.8M596.5M685.9M580.0M
Net Tangible Assets4.8B5.1B3.0B5.5B6.4B4.8B
Noncontrolling Interest In Consolidated Entity54.5M59.6M58.6M65.0M74.7M39.1M
Retained Earnings Total Equity6.1B6.7B7.8B9.2B10.6B5.7B

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