Premier Capital Expenditures vs Change To Account Receivables Analysis

PINC Stock  USD 22.84  0.42  1.87%   
Premier financial indicator trend analysis is much more than just breaking down Premier prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Premier is a good investment. Please check the relationship between Premier Capital Expenditures and its Change To Account Receivables accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.

Capital Expenditures vs Change To Account Receivables

Capital Expenditures vs Change To Account Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Premier Capital Expenditures account and Change To Account Receivables. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Premier's Capital Expenditures and Change To Account Receivables is -0.05. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change To Account Receivables in the same time period over historical financial statements of Premier, assuming nothing else is changed. The correlation between historical values of Premier's Capital Expenditures and Change To Account Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Premier are associated (or correlated) with its Change To Account Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Account Receivables has no effect on the direction of Capital Expenditures i.e., Premier's Capital Expenditures and Change To Account Receivables go up and down completely randomly.

Correlation Coefficient

-0.05
Relationship DirectionNegative 
Relationship StrengthInsignificant

Capital Expenditures

Capital Expenditures are funds used by Premier to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Premier operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Change To Account Receivables

Most indicators from Premier's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Premier 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.At present, Premier's Discontinued Operations is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value is expected to grow to about 2 B, whereas Selling General Administrative is forecasted to decline to about 517.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit885.0M896.3M840.7M826.2M
Total Revenue1.4B1.3B1.3B1.3B

Premier fundamental ratios Correlations

0.750.490.680.690.40.220.80.470.460.250.75-0.110.760.660.720.1-0.620.660.780.65-0.16-0.060.640.350.49
0.750.730.950.970.540.160.970.290.740.30.88-0.511.00.90.970.31-0.780.930.960.880.19-0.090.850.470.69
0.490.730.610.760.61-0.140.78-0.010.930.410.57-0.650.730.780.730.49-0.670.630.640.660.26-0.330.820.620.69
0.680.950.610.940.62-0.010.880.10.670.380.8-0.510.940.920.960.34-0.740.960.880.910.27-0.220.790.460.75
0.690.970.760.940.630.040.90.180.820.380.79-0.540.970.890.960.31-0.80.90.920.890.15-0.230.830.50.78
0.40.540.610.620.63-0.60.54-0.340.690.910.35-0.560.520.720.530.31-0.730.670.480.720.12-0.880.610.510.84
0.220.16-0.14-0.010.04-0.60.160.81-0.13-0.630.210.270.18-0.120.11-0.490.15-0.030.25-0.14-0.080.780.020.05-0.39
0.80.970.780.880.90.540.160.330.740.340.89-0.50.960.880.910.28-0.80.90.940.840.17-0.10.880.490.63
0.470.29-0.010.10.18-0.340.810.33-0.05-0.420.430.40.31-0.030.24-0.29-0.020.090.40.1-0.330.60.19-0.07-0.14
0.460.740.930.670.820.69-0.130.74-0.050.490.55-0.670.740.770.750.43-0.690.670.660.680.27-0.440.850.640.76
0.250.30.410.380.380.91-0.630.34-0.420.490.13-0.450.290.50.230.09-0.70.490.320.42-0.02-0.920.380.390.54
0.750.880.570.80.790.350.210.890.430.550.13-0.240.870.680.840.45-0.590.80.860.750.090.080.850.150.54
-0.11-0.51-0.65-0.51-0.54-0.560.27-0.50.4-0.67-0.45-0.24-0.5-0.65-0.46-0.210.56-0.55-0.42-0.55-0.550.38-0.47-0.53-0.52
0.761.00.730.940.970.520.180.960.310.740.290.87-0.50.880.960.27-0.80.910.970.870.13-0.070.840.470.67
0.660.90.780.920.890.72-0.120.88-0.030.770.50.68-0.650.880.90.33-0.740.920.780.870.42-0.360.780.610.78
0.720.970.730.960.960.530.110.910.240.750.230.84-0.460.960.90.41-0.670.890.880.890.26-0.10.860.510.76
0.10.310.490.340.310.31-0.490.28-0.290.430.090.45-0.210.270.330.41-0.10.290.130.370.31-0.210.54-0.060.51
-0.62-0.78-0.67-0.74-0.8-0.730.15-0.8-0.02-0.69-0.7-0.590.56-0.8-0.74-0.67-0.1-0.81-0.85-0.70.110.44-0.66-0.48-0.56
0.660.930.630.960.90.67-0.030.90.090.670.490.8-0.550.910.920.890.29-0.810.880.860.31-0.280.780.430.68
0.780.960.640.880.920.480.250.940.40.660.320.86-0.420.970.780.880.13-0.850.880.79-0.03-0.040.780.390.55
0.650.880.660.910.890.72-0.140.840.10.680.420.75-0.550.870.870.890.37-0.70.860.790.2-0.330.780.480.89
-0.160.190.260.270.150.12-0.080.17-0.330.27-0.020.09-0.550.130.420.260.310.110.31-0.030.2-0.060.230.270.23
-0.06-0.09-0.33-0.22-0.23-0.880.78-0.10.6-0.44-0.920.080.38-0.07-0.36-0.1-0.210.44-0.28-0.04-0.33-0.06-0.26-0.36-0.6
0.640.850.820.790.830.610.020.880.190.850.380.85-0.470.840.780.860.54-0.660.780.780.780.23-0.260.520.74
0.350.470.620.460.50.510.050.49-0.070.640.390.15-0.530.470.610.51-0.06-0.480.430.390.480.27-0.360.520.53
0.490.690.690.750.780.84-0.390.63-0.140.760.540.54-0.520.670.780.760.51-0.560.680.550.890.23-0.60.740.53
Click cells to compare fundamentals

Premier Account Relationship Matchups

Premier fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding123.6M117.5M121.7M119.9M114.4M89.2M
Total Assets2.9B3.5B3.4B3.4B3.4B2.5B
Short Long Term Debt Total364.2M521.7M487.3M440.3M126.0M222.3M
Other Current Liab326.2M423.1M427.2M420.6M564.0M318.8M
Total Current Liabilities496.1M716.8M753.1M815.5M746.6M516.6M
Total Stockholder Equity139.3M2.2B2.2B2.3B2.0B2.1B
Other Liab2.3B527.8M2.6B97.5M112.2M106.6M
Property Plant And Equipment Net264.6M272.5M252.9M241.6M226.3M214.1M
Current Deferred Revenue35.4M34.1M30.5M24.3M19.6M34.9M
Net Debt37.9M392.5M401.1M350.5M855K812.3K
Retained Earnings0.0169.5M331.7M405.1M105.6M110.9M
Accounts Payable54.8M85.4M44.6M54.4M60.4M50.9M
Cash99.3M129.1M86.1M89.8M125.1M113.6M
Non Current Assets Total2.3B2.7B2.7B2.7B2.7B1.9B
Non Currrent Assets Other142.9M136.5M161.6M160.5M160.0M97.3M
Other Assets572.9M918.4M886.6M814.1M936.2M545.4M
Long Term Debt4.6M304.3M2.3M102.3M117.6M64.2M
Cash And Short Term Investments99.3M129.1M86.1M89.8M125.1M149.1M
Net Receivables350.7M408.7M374.2M414.5M462.5M270.7M
Good Will880.7M942.0M999.9M1.0B995.9M728.9M
Common Stock Total Equity716K1.2M1.2M1.3M1.4M1.5M
Liabilities And Stockholders Equity2.9B3.5B3.4B3.4B3.4B2.5B
Non Current Liabilities Total2.3B576.2M355.1M221.7M719.8M683.8M
Inventory71.0M176.4M119.7M76.9M79.8M67.1M
Other Current Assets97.3M68.0M325.6M60.4M73.7M73.3M
Other Stockholder Equity138.5M2.1B1.9B1.9B1.9B1.9B
Total Liab2.8B1.3B1.1B1.0B1.5B2.0B
Property Plant And Equipment Gross264.6M272.5M213.4M212.3M968.4M1.0B
Total Current Assets618.4M782.3M645.6M641.6M741.2M594.0M
Short Term Debt79.6M174.2M250.9M316.2M114.8M113.0M
Intangible Assets417.4M396.6M356.6M430.0M269.3M258.8M
Common Stock716K1.2M1.2M1.3M1.1M725.5K
Property Plant Equipment105.0M272.5M252.9M212.3M244.2M136.6M
Net Tangible Assets(1.4B)833.3M(1.4B)2.3B2.7B2.8B
Long Term Debt Total6.0M284.6M2.3M102.3M117.6M77.6M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Premier offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Premier'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 Premier Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Premier Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Premier. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Health Care Providers & Services 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 Premier. If investors know Premier 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 Premier 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
0.877
Dividend Share
0.84
Earnings Share
1.39
Revenue Per Share
12.155
Quarterly Revenue Growth
(0.08)
The market value of Premier is measured differently than its book value, which is the value of Premier that is recorded on the company's balance sheet. Investors also form their own opinion of Premier's value that differs from its market value or its book value, called intrinsic value, which is Premier'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 Premier's market value can be influenced by many factors that don't directly affect Premier'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 Premier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier'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.