CLPS Cost Of Revenue vs Current Deferred Revenue Analysis

CLPS Stock

USD 1.13 0.04 3.42%

CLPS financial indicator trend analysis is way more than just evaluating CLPS Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CLPS Inc is a good investment. Please check the relationship between CLPS Cost Of Revenue and its Current Deferred Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CLPS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Cost Of Revenue vs Current Deferred Revenue

Cost Of Revenue vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CLPS Inc Cost Of Revenue account and Current Deferred Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between CLPS's Cost Of Revenue and Current Deferred Revenue is 0.83. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of CLPS Inc, assuming nothing else is changed. The correlation between historical values of CLPS's Cost Of Revenue and Current Deferred Revenue 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 CLPS Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Cost Of Revenue i.e., CLPS's Cost Of Revenue and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.83

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Cost Of Revenue

Cost of Revenue is found on CLPS Inc income statement and represents the costs associated with goods and services CLPS 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.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Most indicators from CLPS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CLPS Inc 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 CLPS Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Sales General And Administrative To Revenue is likely to gain to 0.19 in 2024, whereas Tax Provision is likely to drop slightly above 152.7 K in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	41.0M	34.5M	32.9M	30.0M
Total Revenue	152.0M	150.4M	142.8M	102.0M

Gross Profit Total Revenue

CLPS fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Capital Surpluse	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross
Total Assets		0.88	0.98	0.99	0.94	0.81	0.81	-0.25	0.81	0.55	0.96	0.84	0.56	0.29	0.94	0.98	0.94	0.93	0.49	0.86	-0.18	0.78	1.0	0.98	0.72	0.82
Other Current Liab	0.88		0.85	0.88	0.83	0.61	0.76	-0.36	0.74	0.61	0.83	0.67	0.44	0.41	0.83	0.91	0.91	0.71	0.47	0.9	-0.23	0.71	0.9	0.83	0.82	0.62
Total Current Liabilities	0.98	0.85		0.95	0.93	0.83	0.84	-0.13	0.71	0.58	0.95	0.86	0.64	0.18	0.93	0.93	0.94	0.94	0.5	0.84	-0.15	0.78	0.97	1.0	0.67	0.84
Total Stockholder Equity	0.99	0.88	0.95		0.94	0.78	0.79	-0.31	0.85	0.53	0.95	0.81	0.51	0.36	0.93	0.99	0.92	0.91	0.47	0.87	-0.2	0.77	0.99	0.95	0.74	0.79
Net Tangible Assets	0.94	0.83	0.93	0.94		0.9	0.9	-0.14	0.71	0.54	0.91	0.93	0.71	0.17	0.9	0.92	0.87	0.91	0.57	0.76	-0.04	0.72	0.94	0.92	0.69	0.91
Property Plant And Equipment Net	0.81	0.61	0.83	0.78	0.9		0.88	0.23	0.53	0.42	0.73	0.99	0.82	-0.23	0.68	0.75	0.68	0.9	0.58	0.53	-0.01	0.66	0.79	0.84	0.36	1.0
Current Deferred Revenue	0.81	0.76	0.84	0.79	0.9	0.88		-0.01	0.45	0.47	0.8	0.92	0.85	-0.12	0.77	0.77	0.83	0.84	0.56	0.7	0.05	0.53	0.82	0.84	0.57	0.88
Net Debt	-0.25	-0.36	-0.13	-0.31	-0.14	0.23	-0.01		-0.43	-0.18	-0.37	0.19	0.28	-0.78	-0.4	-0.34	-0.3	-0.05	0.34	-0.35	-0.01	0.11	-0.28	-0.11	-0.44	0.21
Retained Earnings	0.81	0.74	0.71	0.85	0.71	0.53	0.45	-0.43		0.33	0.71	0.53	0.09	0.55	0.69	0.88	0.68	0.64	0.15	0.67	-0.55	0.79	0.8	0.7	0.6	0.53
Accounts Payable	0.55	0.61	0.58	0.53	0.54	0.42	0.47	-0.18	0.33		0.59	0.45	0.58	0.33	0.58	0.51	0.6	0.4	0.25	0.56	0.18	0.45	0.56	0.57	0.38	0.43
Cash	0.96	0.83	0.95	0.95	0.91	0.73	0.8	-0.37	0.71	0.59		0.78	0.58	0.33	0.99	0.92	0.93	0.9	0.37	0.82	0.0	0.63	0.95	0.95	0.7	0.75
Non Current Assets Total	0.84	0.67	0.86	0.81	0.93	0.99	0.92	0.19	0.53	0.45	0.78		0.84	-0.18	0.74	0.78	0.74	0.9	0.6	0.59	-0.01	0.68	0.82	0.87	0.45	0.99
Non Currrent Assets Other	0.56	0.44	0.64	0.51	0.71	0.82	0.85	0.28	0.09	0.58	0.58	0.84		-0.35	0.54	0.47	0.58	0.66	0.56	0.43	0.36	0.32	0.56	0.64	0.25	0.83
Other Assets	0.29	0.41	0.18	0.36	0.17	-0.23	-0.12	-0.78	0.55	0.33	0.33	-0.18	-0.35		0.38	0.4	0.34	-0.03	-0.08	0.47	-0.25	0.27	0.32	0.15	0.61	-0.22
Cash And Short Term Investments	0.94	0.83	0.93	0.93	0.9	0.68	0.77	-0.4	0.69	0.58	0.99	0.74	0.54	0.38		0.9	0.92	0.87	0.39	0.82	0.02	0.61	0.94	0.93	0.74	0.7
Net Receivables	0.98	0.91	0.93	0.99	0.92	0.75	0.77	-0.34	0.88	0.51	0.92	0.78	0.47	0.4	0.9		0.92	0.87	0.46	0.88	-0.27	0.79	0.98	0.92	0.77	0.76
Common Stock Total Equity	0.94	0.91	0.94	0.92	0.87	0.68	0.83	-0.3	0.68	0.6	0.93	0.74	0.58	0.34	0.92	0.92		0.82	0.51	0.95	-0.16	0.7	0.94	0.93	0.82	0.69
Common Stock Shares Outstanding	0.93	0.71	0.94	0.91	0.91	0.9	0.84	-0.05	0.64	0.4	0.9	0.9	0.66	-0.03	0.87	0.87	0.82		0.49	0.7	-0.02	0.64	0.92	0.95	0.51	0.9
Non Current Liabilities Total	0.49	0.47	0.5	0.47	0.57	0.58	0.56	0.34	0.15	0.25	0.37	0.6	0.56	-0.08	0.39	0.46	0.51	0.49		0.59	0.11	0.46	0.52	0.5	0.61	0.58
Capital Surpluse	0.86	0.9	0.84	0.87	0.76	0.53	0.7	-0.35	0.67	0.56	0.82	0.59	0.43	0.47	0.82	0.88	0.95	0.7	0.59		-0.22	0.68	0.89	0.82	0.9	0.54
Inventory	-0.18	-0.23	-0.15	-0.2	-0.04	-0.01	0.05	-0.01	-0.55	0.18	0.0	-0.01	0.36	-0.25	0.02	-0.27	-0.16	-0.02	0.11	-0.22		-0.6	-0.15	-0.13	-0.18	0.01
Other Current Assets	0.78	0.71	0.78	0.77	0.72	0.66	0.53	0.11	0.79	0.45	0.63	0.68	0.32	0.27	0.61	0.79	0.7	0.64	0.46	0.68	-0.6		0.75	0.77	0.56	0.66
Other Stockholder Equity	1.0	0.9	0.97	0.99	0.94	0.79	0.82	-0.28	0.8	0.56	0.95	0.82	0.56	0.32	0.94	0.98	0.94	0.92	0.52	0.89	-0.15	0.75		0.96	0.76	0.8
Total Liab	0.98	0.83	1.0	0.95	0.92	0.84	0.84	-0.11	0.7	0.57	0.95	0.87	0.64	0.15	0.93	0.92	0.93	0.95	0.5	0.82	-0.13	0.77	0.96		0.64	0.85
Long Term Investments	0.72	0.82	0.67	0.74	0.69	0.36	0.57	-0.44	0.6	0.38	0.7	0.45	0.25	0.61	0.74	0.77	0.82	0.51	0.61	0.9	-0.18	0.56	0.76	0.64		0.38
Property Plant And Equipment Gross	0.82	0.62	0.84	0.79	0.91	1.0	0.88	0.21	0.53	0.43	0.75	0.99	0.83	-0.22	0.7	0.76	0.69	0.9	0.58	0.54	0.01	0.66	0.8	0.85	0.38

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CLPS Account Relationship Matchups

CLPS fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	45.4M	82.7M	101.9M	95.3M	110.0M	63.9M
Other Current Liab	13.2M	14.6M	14.5M	13.4M	13.8M	11.6M
Total Current Liabilities	16.4M	23.0M	30.4M	26.3M	39.8M	21.3M
Total Stockholder Equity	27.3M	56.7M	66.6M	64.6M	62.5M	39.7M
Net Tangible Assets	24.1M	53.2M	63.2M	63.9M	73.4M	77.1M
Property Plant And Equipment Net	452.5K	600.8K	20.6M	20.9M	23.9M	25.1M
Current Deferred Revenue	755.2K	326.9K	587.1K	918.5K	1.1M	1.2M
Net Debt	(10.5M)	(17.2M)	(3.9M)	(10.8M)	(2.9M)	(3.0M)
Retained Earnings	123.7K	6.9M	11.4M	5.0M	(51.7K)	(49.1K)
Accounts Payable	268.7K	559.5K	343.6K	690.0K	949.1K	581.8K
Cash	12.7M	24.7M	18.4M	22.2M	29.1M	16.3M
Non Current Assets Total	4.4M	5.1M	24.5M	22.4M	32.0M	33.6M
Non Currrent Assets Other	(203.2K)	(607.8K)	(327.0K)	252.7K	594.6K	624.3K
Other Assets	560.7K	447.6K	1.5M	575.5K	334.6K	0.95
Cash And Short Term Investments	13.3M	28.9M	18.4M	22.2M	31.2M	17.4M
Net Receivables	25.8M	44.1M	53.8M	48.9M	42.3M	32.0M
Good Will	447.8K	2.1M	2.4M	2.4M	1.5M	1.1M
Common Stock Shares Outstanding	14.7M	17.6M	21.1M	23.2M	25.2M	18.8M
Liabilities And Stockholders Equity	45.4M	82.7M	101.9M	95.3M	110.0M	63.9M
Non Current Liabilities Total	22.6K	9.6K	3.7M	3.5M	6.3M	6.6M
Other Current Assets	1.5M	2.5M	8.8M	1.7M	4.5M	3.1M
Other Stockholder Equity	25.8M	48.5M	55.7M	58.2M	61.4M	36.5M
Total Liab	16.7M	25.0M	34.1M	29.8M	46.1M	23.3M
Long Term Investments	680.1K	1.0M	610.4K	456.6K	613.8K	565.7K
Property Plant And Equipment Gross	452.5K	1.9M	22.5M	23.4M	27.5M	28.9M
Short Long Term Debt	2.2M	7.5M	14.5M	10.6M	23.2M	24.4M
Total Current Assets	40.5M	76.1M	76.8M	72.9M	78.1M	52.0M
Accumulated Other Comprehensive Income	1.4M	5.4M	4.5M	1.4M	1.2M	2.0M
Short Term Debt	2.2M	7.5M	14.5M	11.3M	24.6M	25.8M
Intangible Assets	1.1M	1.1M	970.0K	726.2K	2.3M	2.4M
Common Stock	1.6K	2.0K	2.2K	2.4K	2.6K	1.9K
Property Plant Equipment	452.5K	600.8K	20.6M	20.9M	24.1M	25.3M
Net Invested Capital	29.5M	64.2M	81.0M	75.1M	85.7M	52.7M

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