Gaming Average Inventory vs Days Of Inventory On Hand Analysis
GLPI Stock | USD 50.92 0.27 0.53% |
Gaming Leisure financial indicator trend analysis is much more than just examining Gaming Leisure Properties latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gaming Leisure Properties is a good investment. Please check the relationship between Gaming Leisure Average Inventory and its Days Of Inventory On Hand accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaming Leisure Properties. 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.
Average Inventory vs Days Of Inventory On Hand
Average Inventory vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gaming Leisure Properties Average Inventory account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have weak relationship.
The correlation between Gaming Leisure's Average Inventory and Days Of Inventory On Hand is 0.35. Overlapping area represents the amount of variation of Average Inventory that can explain the historical movement of Days Of Inventory On Hand in the same time period over historical financial statements of Gaming Leisure Properties, assuming nothing else is changed. The correlation between historical values of Gaming Leisure's Average Inventory and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Average Inventory of Gaming Leisure Properties are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Average Inventory i.e., Gaming Leisure's Average Inventory and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | 0.35 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Days Of Inventory On Hand
Most indicators from Gaming Leisure's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gaming Leisure Properties 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 Gaming Leisure Properties. 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. As of now, Gaming Leisure's Selling General Administrative is increasing as compared to previous years. The Gaming Leisure's current Issuance Of Capital Stock is estimated to increase to about 448.8 M, while Tax Provision is projected to decrease to under 1.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.1B | 1.3B | 1.1B | 779.8M | Total Revenue | 1.2B | 1.3B | 1.4B | 933.0M |
Gaming Leisure fundamental ratios Correlations
Click cells to compare fundamentals
Gaming Leisure Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gaming Leisure fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 215.8M | 219.8M | 236.2M | 253.8M | 265.0M | 191.6M | |
Total Assets | 8.4B | 9.0B | 10.7B | 10.9B | 11.8B | 7.0B | |
Other Current Liab | 35.7M | 152.1M | 78.6M | 229.2M | (177.5M) | (168.6M) | |
Total Current Liabilities | 411.2M | 412.1M | 476.9M | 420.4M | 114.4M | 108.7M | |
Total Stockholder Equity | 2.1B | 2.7B | 3.2B | 3.8B | 4.2B | 4.4B | |
Retained Earnings | (1.9B) | (1.6B) | (1.8B) | (1.8B) | (1.9B) | (1.8B) | |
Accounts Payable | 1.0M | 375K | 63.5M | 6.6M | 7.0M | 9.8M | |
Cash | 26.8M | 486.5M | 724.6M | 239.1M | 684.0M | 718.2M | |
Other Assets | 344.2M | 8.5B | 9.1B | 6.1B | 10.3B | 10.8B | |
Other Current Assets | (26.8M) | 61.4M | 77.7M | (239.1M) | (684.0M) | (649.8M) | |
Total Liab | 6.4B | 6.4B | 7.3B | 6.8B | 7.3B | 4.9B | |
Property Plant And Equipment Net | 932.8M | 849.8M | 864.8M | 181.2M | 196.3M | 355.2M | |
Net Debt | 5.9B | 5.4B | 6.1B | 6.1B | 6.2B | 4.7B | |
Non Current Assets Total | 8.1B | 8.5B | 8.7B | 8.8B | 9.1B | 6.2B | |
Non Currrent Assets Other | 34.5M | 36.9M | 7.2B | 8.0B | 8.2B | 8.6B | |
Cash And Short Term Investments | 26.8M | 486.5M | 724.6M | 239.1M | 684.0M | 718.2M | |
Liabilities And Stockholders Equity | 8.4B | 9.0B | 10.7B | 10.9B | 11.8B | 7.5B | |
Non Current Liabilities Total | 5.9B | 5.9B | 6.8B | 6.4B | 6.8B | 5.0B | |
Other Stockholder Equity | 5.8B | 4.3B | 5.0B | 5.6B | 6.1B | 3.8B | |
Property Plant And Equipment Gross | 278.1M | 232.0M | 864.8M | 181.2M | 196.3M | 238.6M | |
Total Current Assets | 334.7M | 550.0M | 2.0B | 2.1B | 2.7B | 2.9B | |
Short Long Term Debt Total | 5.9B | 5.9B | 6.8B | 6.4B | 6.9B | 5.5B | |
Net Tangible Assets | 2.0B | 2.7B | 3.2B | 3.8B | 4.3B | 4.6B | |
Long Term Debt | 5.7B | 5.8B | 6.6B | 6.1B | 6.6B | 5.3B | |
Common Stock Total Equity | 2.1M | 2.3M | 2.5M | 2.6M | 3.0M | 2.1M | |
Retained Earnings Total Equity | (1.9B) | (1.6B) | (1.8B) | (1.8B) | (1.6B) | (1.7B) | |
Long Term Debt Total | 5.9B | 5.7B | 6.6B | 6.1B | 7.0B | 5.0B | |
Capital Surpluse | 4.0B | 4.3B | 5.0B | 5.6B | 6.4B | 3.5B | |
Deferred Long Term Liab | 232.0M | 293.9M | 328.5M | 333.4M | 383.4M | 208.6M | |
Non Current Liabilities Other | 26.7M | 5.9B | 600.1M | 27.7M | 36.6M | 34.7M | |
Common Stock | 2.1M | 2.3M | 2.5M | 2.6M | 2.7M | 2.2M | |
Property Plant Equipment | 7.1B | 80.6M | 13.0M | 7.7B | 8.9B | 9.3B | |
Other Liab | 355.4M | 373.4M | 362.9M | 352.5M | 405.3M | 291.7M | |
Current Deferred Revenue | 328.5M | 333.1M | 329.1M | 324.8M | 284.9M | 270.4M |
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When determining whether Gaming Leisure Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gaming Leisure's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gaming Leisure Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gaming Leisure Properties Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaming Leisure Properties. 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. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Other Specialized REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gaming Leisure. If investors know Gaming will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gaming Leisure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.04) | Dividend Share 3.01 | Earnings Share 2.86 | Revenue Per Share 5.568 | Quarterly Revenue Growth 0.072 |
The market value of Gaming Leisure Properties is measured differently than its book value, which is the value of Gaming that is recorded on the company's balance sheet. Investors also form their own opinion of Gaming Leisure's value that differs from its market value or its book value, called intrinsic value, which is Gaming Leisure's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gaming Leisure's market value can be influenced by many factors that don't directly affect Gaming Leisure's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gaming Leisure's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gaming Leisure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gaming Leisure's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.