Neurocrine Other Operating Expenses vs Cost Of Revenue Analysis

NBIX Stock  USD 125.00  1.71  1.39%   
Neurocrine Biosciences financial indicator trend analysis is infinitely more than just investigating Neurocrine Biosciences recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Neurocrine Biosciences is a good investment. Please check the relationship between Neurocrine Biosciences Other Operating Expenses and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neurocrine Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Neurocrine Stock please use our How to Invest in Neurocrine Biosciences guide.

Other Operating Expenses vs Cost Of Revenue

Other Operating Expenses vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Neurocrine Biosciences Other Operating Expenses account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Neurocrine Biosciences' Other Operating Expenses and Cost Of Revenue is -0.08. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of Neurocrine Biosciences, assuming nothing else is changed. The correlation between historical values of Neurocrine Biosciences' Other Operating Expenses 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 Other Operating Expenses of Neurocrine Biosciences 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 Other Operating Expenses i.e., Neurocrine Biosciences' Other Operating Expenses and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.08
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Neurocrine Biosciences. It is also known as Neurocrine Biosciences overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Neurocrine Biosciences income statement and represents the costs associated with goods and services Neurocrine Biosciences 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 Neurocrine Biosciences' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Neurocrine Biosciences 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neurocrine Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Neurocrine Stock please use our How to Invest in Neurocrine Biosciences guide.At this time, Neurocrine Biosciences' Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 63.8 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 22.9 M in 2024.

Neurocrine Biosciences fundamental ratios Correlations

0.190.960.90.990.970.390.470.980.460.990.860.950.970.450.680.630.90.960.940.990.570.870.930.210.79
0.190.170.350.110.20.39-0.570.210.080.160.020.310.10.590.190.390.460.340.180.220.60.090.30.210.03
0.960.170.940.970.940.380.560.970.390.950.830.890.980.370.50.630.820.890.920.950.640.880.880.140.78
0.90.350.940.880.910.580.420.950.230.880.810.860.920.370.410.80.80.890.890.910.850.740.890.230.6
0.990.110.970.880.960.320.540.980.430.980.880.920.990.410.620.550.880.910.940.970.520.870.90.210.8
0.970.20.940.910.960.370.570.990.340.980.910.860.960.290.590.620.810.911.00.920.60.810.860.190.74
0.390.390.380.580.320.37-0.030.43-0.370.360.340.410.380.210.210.780.40.50.360.410.740.130.410.38-0.18
0.47-0.570.560.420.540.57-0.030.540.010.530.610.230.58-0.450.020.180.060.30.580.390.080.480.27-0.110.44
0.980.210.970.950.980.990.430.540.340.980.90.90.980.340.560.670.840.930.980.950.650.840.90.210.73
0.460.080.390.230.430.34-0.370.010.340.420.10.550.330.520.660.090.50.490.280.49-0.020.630.49-0.270.84
0.990.160.950.880.980.980.360.530.980.420.860.90.960.370.670.580.860.940.970.950.530.860.860.160.78
0.860.020.830.810.880.910.340.610.90.10.860.740.920.150.390.460.690.750.930.820.490.630.760.430.55
0.950.310.890.860.920.860.410.230.90.550.90.740.90.630.730.660.960.950.830.980.610.830.980.260.76
0.970.10.980.920.990.960.380.580.980.330.960.920.90.350.520.590.840.890.950.960.590.830.90.270.74
0.450.590.370.370.410.290.21-0.450.340.520.370.150.630.350.510.240.740.50.250.520.320.390.570.310.39
0.680.190.50.410.620.590.210.020.560.660.670.390.730.520.510.40.720.780.560.680.160.640.630.070.63
0.630.390.630.80.550.620.780.180.670.090.580.460.660.590.240.40.550.750.60.660.90.440.710.10.29
0.90.460.820.80.880.810.40.060.840.50.860.690.960.840.740.720.550.910.780.930.570.750.910.310.69
0.960.340.890.890.910.910.50.30.930.490.940.750.950.890.50.780.750.910.890.960.660.830.920.20.73
0.940.180.920.890.941.00.360.580.980.280.970.930.830.950.250.560.60.780.890.90.580.770.830.220.7
0.990.220.950.910.970.920.410.390.950.490.950.820.980.960.520.680.660.930.960.90.610.860.970.260.78
0.570.60.640.850.520.60.740.080.65-0.020.530.490.610.590.320.160.90.570.660.580.610.370.670.190.22
0.870.090.880.740.870.810.130.480.840.630.860.630.830.830.390.640.440.750.830.770.860.370.790.090.89
0.930.30.880.890.90.860.410.270.90.490.860.760.980.90.570.630.710.910.920.830.970.670.790.270.75
0.210.210.140.230.210.190.38-0.110.21-0.270.160.430.260.270.310.070.10.310.20.220.260.190.090.27-0.14
0.790.030.780.60.80.74-0.180.440.730.840.780.550.760.740.390.630.290.690.730.70.780.220.890.75-0.14
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Neurocrine Biosciences Account Relationship Matchups

Neurocrine Biosciences fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.3B1.7B2.1B2.4B3.3B3.4B
Short Long Term Debt Total817.6M412.3M440.4M262.9M428.4M449.8M
Other Current Liab156.5M147.1M194.3M292M319.4M335.4M
Total Current Liabilities565.3M186.5M245.8M537.7M654.8M687.5M
Total Stockholder Equity636.9M1.1B1.4B1.7B2.2B2.3B
Property Plant And Equipment Net116.2M127.4M155.8M145.6M347.3M364.7M
Net Debt383.2M(388.7M)99.6M169.4M177.3M186.2M
Retained Earnings(1.1B)(725.4M)(635.8M)(406.8M)(157.1M)(165.0M)
Accounts Payable46.2M39.4M51.5M67.3M108.9M114.3M
Cash112.3M801M340.8M262.9M251.1M131.9M
Non Current Assets Total475M718.5M1.1B915.2M1.6B1.7B
Non Currrent Assets Other3.2M6.4M4.4M25M49.6M52.1M
Cash And Short Term Investments670.5M801M711.3M989.3M1.0B1.1B
Net Receivables126.6M157.1M185.5M350M439.3M461.3M
Common Stock Shares Outstanding95.7M97.8M97.9M98.9M101M61.8M
Liabilities And Stockholders Equity1.3B1.7B2.1B2.4B3.3B3.4B
Non Current Liabilities Total103.8M422M452.7M123.2M364.6M382.8M
Other Current Assets160.5M30.1M45.5M79.1M97.8M102.7M
Other Stockholder Equity1.8B1.8B2.0B2.1B2.4B2.5B
Total Liab669.1M608.5M698.5M660.9M1.0B1.1B
Property Plant And Equipment Gross116.3M127.4M155.8M145.6M430.3M451.8M
Total Current Assets831M1.0B972.8M1.5B1.6B1.7B
Accumulated Other Comprehensive Income1.4M1.8M(1.7M)(7.9M)7M7.4M
Short Term Debt408.8M10.3M16.5M169.4M202.1M212.2M
Short Term Investments558.2M613.9M370.5M726.4M780.5M819.5M
Other Liab17.1M9.7M12.3M29.7M34.2M24.8M
Other Assets59.1M674M319.5M330.9M380.5M399.6M
Long Term Debt388.5M408.8M317.9M335.1M385.4M404.6M
Common Stock Total Equity89K91K92K100K115K67.8K
Common Stock89K91K92K100K115K69.6K
Property Plant Equipment33.9M41.9M44.6M58.6M52.7M55.4M
Current Deferred Revenue(46.2M)(10.3M)(16.5M)229.3M263.7M276.9M
Net Tangible Assets228.1M1.1B1.4B1.7B1.9B2.0B
Retained Earnings Total Equity(1.1B)(725.4M)(635.8M)(406.8M)(366.1M)(384.4M)
Capital Surpluse1.8B1.8B2.0B2.1B2.4B1.6B
Inventory17.3M28M30.5M35.1M38.3M40.2M
Non Current Liabilities Other103.8M104.1M117.6M29.7M10.3M9.8M
Long Term Investments299.7M227.1M560.7M401.5M849.4M891.9M

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