GigaCloud Cost Of Revenue vs Total Revenue Analysis

GCT Stock  USD 24.15  0.89  3.83%   
GigaCloud Technology financial indicator trend analysis is much more than just examining GigaCloud Technology latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether GigaCloud Technology is a good investment. Please check the relationship between GigaCloud Technology Cost Of Revenue and its Total Revenue accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GigaCloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Cost Of Revenue vs Total Revenue

Cost Of Revenue vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of GigaCloud Technology Cost Of Revenue account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between GigaCloud Technology's Cost Of Revenue and Total Revenue is 1.0. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Revenue in the same time period over historical financial statements of GigaCloud Technology Class, assuming nothing else is changed. The correlation between historical values of GigaCloud Technology's Cost Of Revenue and Total 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 GigaCloud Technology Class are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Cost Of Revenue i.e., GigaCloud Technology's Cost Of Revenue and Total Revenue go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on GigaCloud Technology income statement and represents the costs associated with goods and services GigaCloud Technology 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 Revenue

Total revenue comprises all receipts GigaCloud Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from GigaCloud Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into GigaCloud Technology 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GigaCloud Technology Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, GigaCloud Technology's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value is likely to gain to about 1 B in 2024, whereas Tax Provision is likely to drop slightly above 9.1 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit89.6M83.1M188.6M100.9M
Total Revenue414.2M490.1M703.8M441.3M

GigaCloud Technology fundamental ratios Correlations

0.990.91.00.890.960.990.90.991.00.880.990.880.730.880.980.76-0.890.870.550.831.00.890.990.830.96
0.990.870.990.840.921.00.950.960.980.821.00.830.660.820.980.78-0.920.820.510.811.00.840.990.80.95
0.90.870.890.970.90.880.760.890.880.960.870.950.820.960.850.39-0.620.940.490.940.880.970.890.940.9
1.00.990.890.890.960.990.90.991.00.870.990.890.730.880.990.76-0.90.870.570.820.990.890.990.810.95
0.890.840.970.890.940.840.670.920.880.990.840.960.90.990.830.4-0.60.980.520.920.861.00.870.920.89
0.960.920.90.960.940.930.770.970.950.940.920.870.830.940.90.66-0.780.910.490.90.940.940.960.90.98
0.991.00.880.990.840.930.950.960.980.821.00.840.670.830.980.78-0.920.820.510.811.00.840.990.80.95
0.90.950.760.90.670.770.950.840.90.640.950.70.490.640.930.79-0.930.660.40.670.940.680.920.660.83
0.990.960.890.990.920.970.960.840.990.90.960.910.780.90.970.73-0.860.910.60.810.970.920.970.810.94
1.00.980.881.00.880.950.980.90.990.860.980.890.720.860.990.77-0.910.880.590.780.990.880.980.780.93
0.880.820.960.870.990.940.820.640.90.860.820.940.871.00.810.39-0.570.950.530.940.840.990.860.940.9
0.991.00.870.990.840.921.00.950.960.980.820.840.660.820.980.78-0.920.820.510.81.00.840.990.80.94
0.880.830.950.890.960.870.840.70.910.890.940.840.80.940.870.42-0.640.960.690.810.850.970.840.810.81
0.730.660.820.730.90.830.670.490.780.720.870.660.80.870.630.27-0.430.940.190.840.680.890.710.830.76
0.880.820.960.880.990.940.830.640.90.861.00.820.940.870.810.39-0.570.950.530.940.840.990.860.940.9
0.980.980.850.990.830.90.980.930.970.990.810.980.870.630.810.79-0.930.820.650.730.990.840.970.730.9
0.760.780.390.760.40.660.780.790.730.770.390.780.420.270.390.79-0.950.410.430.350.780.410.750.340.67
-0.89-0.92-0.62-0.9-0.6-0.78-0.92-0.93-0.86-0.91-0.57-0.92-0.64-0.43-0.57-0.93-0.95-0.6-0.52-0.53-0.92-0.6-0.89-0.52-0.79
0.870.820.940.870.980.910.820.660.910.880.950.820.960.940.950.820.41-0.60.490.860.840.980.840.850.84
0.550.510.490.570.520.490.510.40.60.590.530.510.690.190.530.650.43-0.520.490.250.530.550.480.270.4
0.830.810.940.820.920.90.810.670.810.780.940.80.810.840.940.730.35-0.530.860.250.810.910.861.00.93
1.01.00.880.990.860.941.00.940.970.990.841.00.850.680.840.990.78-0.920.840.530.810.860.990.80.95
0.890.840.970.891.00.940.840.680.920.880.990.840.970.890.990.840.41-0.60.980.550.910.860.870.910.89
0.990.990.890.990.870.960.990.920.970.980.860.990.840.710.860.970.75-0.890.840.480.860.990.870.850.98
0.830.80.940.810.920.90.80.660.810.780.940.80.810.830.940.730.34-0.520.850.271.00.80.910.850.93
0.960.950.90.950.890.980.950.830.940.930.90.940.810.760.90.90.67-0.790.840.40.930.950.890.980.93
Click cells to compare fundamentals

GigaCloud Technology Account Relationship Matchups

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for GigaCloud Stock Analysis

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