CDW Net Receivables vs Inventory Analysis

CDW Stock  USD 178.96  0.79  0.44%   
CDW Corp financial indicator trend analysis is way more than just evaluating CDW Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CDW Corp is a good investment. Please check the relationship between CDW Corp Net Receivables and its Inventory accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CDW Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy CDW Stock please use our How to Invest in CDW Corp guide.

Net Receivables vs Inventory

Net Receivables vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CDW Corp Net Receivables account and Inventory. At this time, the significance of the direction appears to have strong relationship.
The correlation between CDW Corp's Net Receivables and Inventory is 0.79. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Inventory in the same time period over historical financial statements of CDW Corp, assuming nothing else is changed. The correlation between historical values of CDW Corp's Net Receivables and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of CDW Corp are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Net Receivables i.e., CDW Corp's Net Receivables and Inventory go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Receivables

Inventory

Most indicators from CDW Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CDW Corp 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 CDW Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy CDW Stock please use our How to Invest in CDW Corp guide.At this time, CDW Corp's Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 18.77 in 2024, whereas Tax Provision is likely to drop slightly above 280 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.6B4.7B4.7B4.9B
Total Revenue20.8B23.7B21.4B22.4B

CDW Corp fundamental ratios Correlations

0.890.830.970.780.780.9-0.450.960.470.950.590.470.970.110.770.890.890.990.70.970.720.350.30.890.57
0.890.640.790.470.670.95-0.680.80.30.920.480.30.810.220.850.70.780.930.420.80.60.30.250.750.63
0.830.640.850.830.810.68-0.360.810.290.760.40.290.890.260.620.710.880.790.740.830.360.460.420.610.56
0.970.790.850.820.830.8-0.30.990.530.850.660.530.99-0.030.760.890.830.950.760.990.750.30.250.880.6
0.780.470.830.820.590.49-0.020.770.550.660.370.550.830.140.460.770.790.70.760.820.530.530.470.70.24
0.780.670.810.830.590.65-0.440.810.40.670.450.40.840.070.760.610.740.780.740.820.530.270.240.590.85
0.90.950.680.80.490.65-0.620.80.150.970.550.150.80.170.70.780.770.940.490.780.570.230.190.790.59
-0.45-0.68-0.36-0.3-0.02-0.44-0.62-0.3-0.06-0.54-0.1-0.06-0.37-0.67-0.61-0.05-0.63-0.51-0.09-0.34-0.15-0.36-0.38-0.09-0.58
0.960.80.810.990.770.810.8-0.30.50.830.660.50.98-0.070.790.880.80.940.690.980.740.290.240.880.62
0.470.30.290.530.550.40.15-0.060.50.260.191.00.51-0.010.460.330.460.430.460.610.710.20.170.450.07
0.950.920.760.850.660.670.97-0.540.830.260.540.260.860.20.660.850.850.960.610.840.610.320.270.840.52
0.590.480.40.660.370.450.55-0.10.660.190.540.190.6-0.360.390.660.360.610.540.60.69-0.08-0.130.650.43
0.470.30.290.530.550.40.15-0.060.51.00.260.190.51-0.010.460.330.460.430.460.610.710.20.170.450.07
0.970.810.890.990.830.840.8-0.370.980.510.860.60.510.070.790.850.880.950.720.990.680.380.340.830.62
0.110.220.26-0.030.140.070.17-0.67-0.07-0.010.2-0.36-0.010.070.22-0.250.510.1-0.060.03-0.240.670.7-0.290.16
0.770.850.620.760.460.760.7-0.610.790.460.660.390.460.790.220.50.730.790.330.80.50.420.390.550.74
0.890.70.710.890.770.610.78-0.050.880.330.850.660.330.85-0.250.50.630.870.710.850.710.130.050.980.35
0.890.780.880.830.790.740.77-0.630.80.460.850.360.460.880.510.730.630.860.650.850.510.620.580.60.55
0.990.930.790.950.70.780.94-0.510.940.430.960.610.430.950.10.790.870.860.650.950.720.30.260.880.61
0.70.420.740.760.760.740.49-0.090.690.460.610.540.460.72-0.060.330.710.650.650.720.670.20.120.660.46
0.970.80.830.990.820.820.78-0.340.980.610.840.60.610.990.030.80.850.850.950.720.760.350.30.860.58
0.720.60.360.750.530.530.57-0.150.740.710.610.690.710.68-0.240.50.710.510.720.670.76-0.02-0.090.80.35
0.350.30.460.30.530.270.23-0.360.290.20.32-0.080.20.380.670.420.130.620.30.20.35-0.020.990.060.24
0.30.250.420.250.470.240.19-0.380.240.170.27-0.130.170.340.70.390.050.580.260.120.3-0.090.99-0.010.23
0.890.750.610.880.70.590.79-0.090.880.450.840.650.450.83-0.290.550.980.60.880.660.860.80.06-0.010.33
0.570.630.560.60.240.850.59-0.580.620.070.520.430.070.620.160.740.350.550.610.460.580.350.240.230.33
Click cells to compare fundamentals

CDW Corp Account Relationship Matchups

CDW Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.0B9.3B13.2B13.1B13.3B13.9B
Short Long Term Debt Total3.4B4.1B7.0B6.1B5.8B4.3B
Other Current Liab1.4B815.3M898.6M1.5B1.4B1.4B
Total Current Liabilities3.5B3.9B5.1B4.9B5.4B5.7B
Total Stockholder Equity960.3M1.3B705.7M1.6B2.0B2.1B
Property Plant And Equipment Net494.9M306.3M351.4M338M324.3M340.5M
Net Debt3.3B2.7B6.8B5.8B5.2B5.5B
Retained Earnings(2.0B)(1.8B)(2.6B)(1.8B)(1.5B)(1.4B)
Accounts Payable1.8B2.1B3.1B2.8B2.9B3.0B
Cash154M1.4B258.1M315.2M588.7M618.1M
Non Current Assets Total3.7B3.4B6.7B6.6B6.6B6.9B
Non Currrent Assets Other23.3M43.9M358.9M(10.3M)300.8M315.8M
Cash And Short Term Investments154M1.4B258.1M315.2M588.7M618.1M
Net Receivables3.4B3.6B4.5B4.7B4.7B4.9B
Common Stock Shares Outstanding147.8M144.8M140.5M137M136.3M130.8M
Liabilities And Stockholders Equity8.0B9.3B13.2B13.1B13.3B13.9B
Inventory611.2M760M927.6M800.2M668.1M341.1M
Other Current Assets171.6M191.2M793M987.3M1.2B1.2B
Other Stockholder Equity3.1B3.2B3.4B3.5B3.7B3.9B
Total Liab7.0B8.0B12.5B11.5B11.2B11.8B
Property Plant And Equipment Gross494.9M306.3M195.8M188.8M633M664.7M
Total Current Assets4.3B6.0B6.5B6.6B6.7B7.0B
Accumulated Other Comprehensive Income(117.8M)(95.8M)(94.4M)(152.4M)(124.6M)(118.4M)
Short Term Debt34.1M646.7M614.4M88.2M647.1M679.5M
Other Assets22.4M176M358.9M396.1M455.5M478.3M
Property Plant Equipment363.1M175.5M351.4M188.8M217.1M171.1M
Other Liab133.4M124M457.7M539.5M620.4M651.4M
Non Current Liabilities Total3.5B4.1B7.4B6.6B5.8B4.4B
Good Will2.6B2.6B4.4B4.3B4.4B2.8B
Intangible Assets594.1M445.1M1.6B1.5B1.4B1.1B
Long Term Debt3.3B3.9B6.8B5.9B5.0B4.5B
Current Deferred Revenue252.2M243.7M402.9M485.5M487.4M511.8M
Net Tangible Assets(2.2B)1.3B(5.3B)1.6B1.8B1.9B
Retained Earnings Total Equity(2.0B)(1.8B)(2.6B)(1.8B)(1.6B)(1.7B)
Long Term Debt Total3.3B3.9B6.8B5.9B6.7B4.3B
Capital Surpluse3.1B3.2B3.4B3.5B4.0B3.2B
Deferred Long Term Liab62.4M55.3M222.3M203.4M183.1M271.7M

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