Duos Operating Income vs Cost Of Revenue Analysis

DUOT Stock

USD 4.57 0.01 0.22%

Duos Technologies financial indicator trend analysis is much more than just examining Duos Technologies latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Duos Technologies is a good investment. Please check the relationship between Duos Technologies Operating Income and its Cost Of Revenue accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Duos Technologies Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Duos Technologies' Operating Income and Cost Of Revenue is -0.6. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Duos Technologies Group, assuming nothing else is changed. The correlation between historical values of Duos Technologies' Operating Income and Cost Of 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 Operating Income of Duos Technologies Group are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., Duos Technologies' Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Duos Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Duos Technologies Group is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

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

Most indicators from Duos Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Duos Technologies 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Duos Technologies Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

At this time, Duos Technologies' Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 1.28 in 2024, whereas Enterprise Value Multiple is likely to drop (2.38) in 2024.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	4.9M	11.6M	12.8M	13.4M
Cost Of Revenue	10.8M	10.3M	6.2M	3.6M

Total Operating Expenses Cost Of Revenue

Duos Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Non Currrent Assets Other	Non Current Liabilities Total	Inventory
Total Assets		0.91	-0.39	0.43	0.82	0.93	0.67	0.6	-0.96	0.48	0.64	0.93	0.64	0.66	-0.56	0.95	0.4	0.97	0.92	0.93	0.92	0.59	-0.52	0.59	0.82	0.89
Short Long Term Debt Total	0.91		-0.31	0.39	0.64	0.96	0.54	0.82	-0.86	0.35	0.44	0.96	0.44	0.49	-0.39	0.9	0.41	0.87	0.85	0.95	0.72	0.66	-0.35	0.64	0.96	0.83
Other Current Liab	-0.39	-0.31		0.46	-0.7	-0.47	-0.08	-0.3	0.22	0.16	-0.06	-0.5	-0.06	-0.03	0.37	-0.44	0.42	-0.32	-0.19	-0.53	-0.21	-0.34	0.35	-0.52	-0.34	-0.65
Total Current Liabilities	0.43	0.39	0.46		-0.09	0.26	0.68	0.29	-0.59	0.79	0.22	0.25	0.22	0.73	-0.03	0.34	0.9	0.5	0.63	0.23	0.56	0.4	-0.02	-0.01	0.28	0.08
Total Stockholder Equity	0.82	0.64	-0.7	-0.09		0.75	0.36	0.29	-0.69	0.14	0.65	0.77	0.65	0.39	-0.67	0.82	-0.07	0.77	0.62	0.78	0.76	0.38	-0.63	0.51	0.57	0.9
Property Plant And Equipment Net	0.93	0.96	-0.47	0.26	0.75		0.55	0.79	-0.83	0.31	0.42	1.0	0.42	0.48	-0.48	0.9	0.25	0.86	0.86	0.99	0.71	0.54	-0.44	0.75	0.94	0.87
Current Deferred Revenue	0.67	0.54	-0.08	0.68	0.36	0.55		0.27	-0.76	0.47	0.49	0.55	0.49	0.62	-0.3	0.59	0.46	0.72	0.74	0.55	0.7	0.32	-0.28	0.45	0.45	0.41
Net Debt	0.6	0.82	-0.3	0.29	0.29	0.79	0.27		-0.49	0.36	-0.15	0.78	-0.15	0.38	-0.15	0.59	0.37	0.5	0.63	0.76	0.31	0.58	-0.12	0.58	0.85	0.58
Retained Earnings	-0.96	-0.86	0.22	-0.59	-0.69	-0.83	-0.76	-0.49		-0.51	-0.71	-0.85	-0.71	-0.66	0.47	-0.9	-0.51	-0.99	-0.91	-0.85	-0.93	-0.62	0.44	-0.51	-0.75	-0.78
Accounts Payable	0.48	0.35	0.16	0.79	0.14	0.31	0.47	0.36	-0.51		0.04	0.29	0.04	0.93	-0.26	0.33	0.83	0.45	0.64	0.26	0.6	0.31	-0.25	-0.06	0.21	0.22
Cash	0.64	0.44	-0.06	0.22	0.65	0.42	0.49	-0.15	-0.71	0.04		0.44	1.0	0.24	-0.44	0.62	0.12	0.72	0.49	0.46	0.75	0.23	-0.43	0.19	0.32	0.51
Non Current Assets Total	0.93	0.96	-0.5	0.25	0.77	1.0	0.55	0.78	-0.85	0.29	0.44		0.44	0.46	-0.47	0.91	0.23	0.87	0.85	1.0	0.72	0.58	-0.43	0.76	0.94	0.9
Cash And Short Term Investments	0.64	0.44	-0.06	0.22	0.65	0.42	0.49	-0.15	-0.71	0.04	1.0	0.44		0.24	-0.44	0.62	0.12	0.72	0.49	0.46	0.75	0.23	-0.43	0.19	0.32	0.51
Net Receivables	0.66	0.49	-0.03	0.73	0.39	0.48	0.62	0.38	-0.66	0.93	0.24	0.46	0.24		-0.44	0.52	0.74	0.62	0.75	0.43	0.77	0.36	-0.43	0.08	0.33	0.42
Common Stock Total Equity	-0.56	-0.39	0.37	-0.03	-0.67	-0.48	-0.3	-0.15	0.47	-0.26	-0.44	-0.47	-0.44	-0.44		-0.53	-0.14	-0.5	-0.46	-0.47	-0.57	-0.1	1.0	-0.16	-0.27	-0.49
Common Stock Shares Outstanding	0.95	0.9	-0.44	0.34	0.82	0.9	0.59	0.59	-0.9	0.33	0.62	0.91	0.62	0.52	-0.53		0.32	0.94	0.86	0.92	0.85	0.7	-0.49	0.6	0.85	0.93
Other Current Assets	0.4	0.41	0.42	0.9	-0.07	0.25	0.46	0.37	-0.51	0.83	0.12	0.23	0.12	0.74	-0.14	0.32		0.43	0.58	0.21	0.53	0.48	-0.14	-0.23	0.25	0.07
Other Stockholder Equity	0.97	0.87	-0.32	0.5	0.77	0.86	0.72	0.5	-0.99	0.45	0.72	0.87	0.72	0.62	-0.5	0.94	0.43		0.89	0.88	0.93	0.65	-0.46	0.55	0.76	0.85
Total Liab	0.92	0.85	-0.19	0.63	0.62	0.86	0.74	0.63	-0.91	0.64	0.49	0.85	0.49	0.75	-0.46	0.86	0.58	0.89		0.84	0.85	0.55	-0.43	0.5	0.79	0.71
Property Plant And Equipment Gross	0.93	0.95	-0.53	0.23	0.78	0.99	0.55	0.76	-0.85	0.26	0.46	1.0	0.46	0.43	-0.47	0.92	0.21	0.88	0.84		0.72	0.61	-0.43	0.76	0.93	0.91
Total Current Assets	0.92	0.72	-0.21	0.56	0.76	0.71	0.7	0.31	-0.93	0.6	0.75	0.72	0.75	0.77	-0.57	0.85	0.53	0.93	0.85	0.72		0.52	-0.54	0.32	0.56	0.75
Short Term Debt	0.59	0.66	-0.34	0.4	0.38	0.54	0.32	0.58	-0.62	0.31	0.23	0.58	0.23	0.36	-0.1	0.7	0.48	0.65	0.55	0.61	0.52		-0.06	0.24	0.61	0.61
Common Stock	-0.52	-0.35	0.35	-0.02	-0.63	-0.44	-0.28	-0.12	0.44	-0.25	-0.43	-0.43	-0.43	-0.43	1.0	-0.49	-0.14	-0.46	-0.43	-0.43	-0.54	-0.06		-0.12	-0.23	-0.44
Non Currrent Assets Other	0.59	0.64	-0.52	-0.01	0.51	0.75	0.45	0.58	-0.51	-0.06	0.19	0.76	0.19	0.08	-0.16	0.6	-0.23	0.55	0.5	0.76	0.32	0.24	-0.12		0.73	0.69
Non Current Liabilities Total	0.82	0.96	-0.34	0.28	0.57	0.94	0.45	0.85	-0.75	0.21	0.32	0.94	0.32	0.33	-0.27	0.85	0.25	0.76	0.79	0.93	0.56	0.61	-0.23	0.73		0.79
Inventory	0.89	0.83	-0.65	0.08	0.9	0.87	0.41	0.58	-0.78	0.22	0.51	0.9	0.51	0.42	-0.49	0.93	0.07	0.85	0.71	0.91	0.75	0.61	-0.44	0.69	0.79

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Duos Technologies Account Relationship Matchups

Duos Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	5.5M	6.4M	9.5M	13.1M	12.8M	13.5M
Short Long Term Debt Total	1.6M	1.8M	5.2M	5.3M	5.0M	5.3M
Other Current Liab	521.2K	2.3M	730.3K	562.7K	(1.4M)	(1.3M)
Total Current Liabilities	5.4M	3.6M	3.9M	4.5M	3.2M	2.7M
Total Stockholder Equity	(127.3K)	1.9M	781.5K	4.1M	5.4M	5.6M
Property Plant And Equipment Net	690.3K	538.3K	5.5M	5.3M	5.1M	5.4M
Current Deferred Revenue	945.1K	1.0M	1.8M	958.0K	1.7M	1.7M
Net Debt	1.5M	(2.1M)	4.3M	4.2M	2.6M	2.7M
Retained Earnings	(32.7M)	(39.5M)	(45.5M)	(52.4M)	(63.6M)	(60.4M)
Accounts Payable	2.6M	607.0K	1.0M	2.3M	595.6K	800.1K
Cash	56.2K	4.0M	893.7K	1.1M	2.4M	2.6M
Non Current Assets Total	771.9K	602.7K	6.2M	6.3M	6.6M	6.9M
Cash And Short Term Investments	56.2K	4.0M	893.7K	1.1M	2.4M	2.6M
Net Receivables	4.0M	1.3M	1.7M	3.8M	2.1M	1.2M
Common Stock Total Equity	20.7K	21.1K	2.0K	3.5K	3.2K	3.0K
Common Stock Shares Outstanding	1.8M	3.3M	3.7M	6.2M	7.2M	7.6M
Liabilities And Stockholders Equity	5.5M	6.4M	9.5M	13.1M	12.8M	13.5M
Other Current Assets	716.6K	374.2K	354.6K	441.3K	184.5K	280.5K
Other Stockholder Equity	30.9M	39.7M	42.9M	56.4M	69.0M	72.4M
Total Liab	5.7M	4.5M	8.7M	9.0M	7.5M	7.8M
Property Plant And Equipment Gross	690.3K	538.3K	5.5M	5.3M	6.5M	6.8M
Total Current Assets	4.8M	5.8M	3.3M	6.8M	6.3M	6.6M
Short Term Debt	1.3M	448.5K	448.1K	817.1K	1.6M	1.7M
Common Stock	2.0K	3.5K	4.1K	7.2K	7.3K	6.9K
Non Currrent Assets Other	298.1K	(771.9K)	(602.7K)	600K	703.8K	738.9K
Non Current Liabilities Total	291.8K	886.0K	4.8M	4.5M	4.2M	4.4M
Intangible Assets	81.6K	64.4K	66.5K	334.9K	782.0K	821.1K
Net Tangible Assets	(3.1M)	(1.9M)	114.4K	(2.6M)	(3.0M)	(3.2M)
Capital Surpluse	26.6M	27.4M	31.1M	41.5M	47.8M	27.6M
Short Long Term Debt	975.3K	670.4K	132.8K	97.4K	42.0K	39.9K
Property Plant Equipment	204.2K	690.3K	538.3K	5.5M	6.4M	6.7M
Net Invested Capital	(857.0K)	1.6M	(2.4M)	4.1M	5.4M	5.7M
Net Working Capital	(607.4K)	2.2M	(651.4K)	2.3M	3.0M	3.2M
Capital Stock	1.7M	1.7M	3.4M	7.2K	7.3K	7.0K

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