CDW Total Operating Expenses vs Net Income From Continuing Ops Analysis

CDW Stock  USD 177.79  1.73  0.98%   
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 Total Operating Expenses and its Net Income From Continuing Ops 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.

Total Operating Expenses vs Net Income From Continuing Ops

Total Operating Expenses vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CDW Corp Total Operating Expenses account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have strong relationship.
The correlation between CDW Corp's Total Operating Expenses and Net Income From Continuing Ops is 0.72. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Net Income From Continuing Ops 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 Total Operating Expenses and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Operating Expenses of CDW Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Total Operating Expenses i.e., CDW Corp's Total Operating Expenses and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

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.

Net Income From Continuing Ops

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

0.890.840.970.780.780.9-0.450.960.470.950.590.470.970.110.770.90.890.990.70.970.720.350.30.890.57
0.890.640.790.470.670.95-0.680.80.30.920.480.30.810.220.850.760.780.930.420.80.60.30.250.750.63
0.840.640.850.840.80.68-0.350.810.30.770.410.30.890.250.610.720.880.80.750.830.370.460.410.630.56
0.970.790.850.820.830.8-0.30.990.530.850.660.530.99-0.030.760.90.830.950.760.990.750.30.250.880.6
0.780.470.840.820.590.49-0.020.770.550.660.370.550.820.140.460.720.790.70.760.820.530.530.470.70.24
0.780.670.80.830.590.65-0.440.810.40.670.450.40.840.070.760.640.740.780.740.820.530.270.240.590.85
0.90.950.680.80.490.65-0.620.80.150.970.550.150.80.170.70.820.770.940.490.780.570.230.190.790.59
-0.45-0.68-0.35-0.3-0.02-0.44-0.62-0.3-0.06-0.54-0.1-0.06-0.38-0.67-0.61-0.11-0.63-0.51-0.09-0.34-0.15-0.36-0.38-0.09-0.58
0.960.80.810.990.770.810.8-0.30.50.830.660.50.98-0.070.790.910.80.940.690.980.740.290.240.880.62
0.470.30.30.530.550.40.15-0.060.50.260.191.00.5-0.010.460.310.460.430.460.610.710.20.170.450.07
0.950.920.770.850.660.670.97-0.540.830.260.540.260.850.20.660.870.850.960.610.840.610.320.270.840.52
0.590.480.410.660.370.450.55-0.10.660.190.540.190.59-0.360.390.630.360.610.540.60.69-0.08-0.130.650.43
0.470.30.30.530.550.40.15-0.060.51.00.260.190.5-0.010.460.310.460.430.460.610.710.20.170.450.07
0.970.810.890.990.820.840.8-0.380.980.50.850.590.50.080.80.870.880.950.710.990.670.390.340.820.62
0.110.220.25-0.030.140.070.17-0.67-0.07-0.010.2-0.36-0.010.080.22-0.230.510.1-0.060.03-0.240.670.7-0.290.16
0.770.850.610.760.460.760.7-0.610.790.460.660.390.460.80.220.60.730.790.330.80.50.420.390.550.74
0.90.760.720.90.720.640.82-0.110.910.310.870.630.310.87-0.230.60.640.890.610.870.660.140.070.970.41
0.890.780.880.830.790.740.77-0.630.80.460.850.360.460.880.510.730.640.860.650.850.510.620.580.60.55
0.990.930.80.950.70.780.94-0.510.940.430.960.610.430.950.10.790.890.860.650.950.720.30.260.880.61
0.70.420.750.760.760.740.49-0.090.690.460.610.540.460.71-0.060.330.610.650.650.720.670.20.120.660.46
0.970.80.830.990.820.820.78-0.340.980.610.840.60.610.990.030.80.870.850.950.720.760.350.30.860.58
0.720.60.370.750.530.530.57-0.150.740.710.610.690.710.67-0.240.50.660.510.720.670.76-0.02-0.090.80.35
0.350.30.460.30.530.270.23-0.360.290.20.32-0.080.20.390.670.420.140.620.30.20.35-0.020.990.060.24
0.30.250.410.250.470.240.19-0.380.240.170.27-0.130.170.340.70.390.070.580.260.120.3-0.090.99-0.010.23
0.890.750.630.880.70.590.79-0.090.880.450.840.650.450.82-0.290.550.970.60.880.660.860.80.06-0.010.33
0.570.630.560.60.240.850.59-0.580.620.070.520.430.070.620.160.740.410.550.610.460.580.350.240.230.33
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 Liab1.4B815.3M898.6M1.5B1.4B1.5B
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 Receivables3.4B3.6B4.5B4.7B4.6B4.8B
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 Assets171.6M191.2M793M987.3M880.7M924.7M
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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