EPlus Cost Of Revenue vs Total Revenue Analysis

PLUS Stock  USD 80.33  0.39  0.48%   
EPlus financial indicator trend analysis is much more than just examining ePlus inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether ePlus inc is a good investment. Please check the relationship between EPlus Cost Of Revenue and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ePlus inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

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 ePlus inc Cost Of Revenue account and Total Revenue. At this time, the significance of the direction appears to have totally related.
The correlation between EPlus' 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 ePlus inc, assuming nothing else is changed. The correlation between historical values of EPlus' 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 ePlus inc 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., EPlus' 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 ePlus inc income statement and represents the costs associated with goods and services EPlus 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 ePlus inc 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 EPlus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into ePlus inc 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 ePlus inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
At this time, EPlus' Selling General Administrative is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 3.2 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.15 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit461.0M517.5M510.8M536.3M
Total Revenue1.8B2.1B2.2B2.3B

EPlus fundamental ratios Correlations

0.50.940.991.00.09-0.550.990.930.910.820.510.910.990.110.80.840.70.861.00.741.00.850.88-0.590.94
0.50.60.560.470.20.350.470.190.410.5-0.110.40.540.380.190.390.140.40.520.130.510.070.06-0.630.49
0.940.60.930.940.21-0.340.920.790.780.790.30.770.930.090.760.890.730.870.930.670.940.810.81-0.590.91
0.990.560.930.980.03-0.510.960.910.910.810.470.910.990.140.740.820.660.861.00.680.990.790.82-0.630.92
1.00.470.940.980.11-0.560.990.920.90.820.520.90.990.090.810.850.70.860.990.750.990.870.89-0.580.95
0.090.20.210.030.110.070.1-0.080.070.27-0.020.070.10.30.280.010.350.120.050.430.060.220.05-0.250.11
-0.550.35-0.34-0.51-0.560.07-0.55-0.77-0.71-0.35-0.8-0.72-0.520.2-0.59-0.35-0.51-0.48-0.54-0.7-0.55-0.7-0.750.01-0.46
0.990.470.920.960.990.1-0.550.910.890.810.560.890.990.120.830.80.680.770.970.760.980.850.88-0.560.93
0.930.190.790.910.92-0.08-0.770.910.890.710.630.90.910.070.810.760.720.780.930.740.920.880.93-0.460.82
0.910.410.780.910.90.07-0.710.890.890.680.71.00.910.090.70.630.610.760.920.780.920.730.78-0.480.81
0.820.50.790.810.820.27-0.350.810.710.680.240.690.830.250.770.630.470.710.810.510.790.730.65-0.660.86
0.51-0.110.30.470.52-0.02-0.80.560.630.70.240.710.52-0.050.590.260.360.290.510.740.530.480.620.040.37
0.910.40.770.910.90.07-0.720.890.91.00.690.710.910.10.70.630.60.760.920.790.920.740.78-0.480.81
0.990.540.930.990.990.1-0.520.990.910.910.830.520.910.150.790.790.670.820.990.730.990.820.84-0.610.94
0.110.380.090.140.090.30.20.120.070.090.25-0.050.10.150.12-0.020.05-0.020.130.070.1-0.03-0.14-0.73-0.05
0.80.190.760.740.810.28-0.590.830.810.70.770.590.70.790.120.670.750.620.780.790.790.840.87-0.320.73
0.840.390.890.820.850.01-0.350.80.760.630.630.260.630.79-0.020.670.690.860.820.550.850.750.81-0.440.77
0.70.140.730.660.70.35-0.510.680.720.610.470.360.60.670.050.750.690.640.690.820.70.80.8-0.340.56
0.860.40.870.860.860.12-0.480.770.780.760.710.290.760.82-0.020.620.860.640.860.590.860.790.77-0.530.84
1.00.520.931.00.990.05-0.540.970.930.920.810.510.920.990.130.780.820.690.860.711.00.820.85-0.60.92
0.740.130.670.680.750.43-0.70.760.740.780.510.740.790.730.070.790.550.820.590.710.740.790.81-0.30.62
1.00.510.940.990.990.06-0.550.980.920.920.790.530.920.990.10.790.850.70.861.00.740.830.87-0.570.92
0.850.070.810.790.870.22-0.70.850.880.730.730.480.740.82-0.030.840.750.80.790.820.790.830.95-0.410.84
0.880.060.810.820.890.05-0.750.880.930.780.650.620.780.84-0.140.870.810.80.770.850.810.870.95-0.270.81
-0.59-0.63-0.59-0.63-0.58-0.250.01-0.56-0.46-0.48-0.660.04-0.48-0.61-0.73-0.32-0.44-0.34-0.53-0.6-0.3-0.57-0.41-0.27-0.53
0.940.490.910.920.950.11-0.460.930.820.810.860.370.810.94-0.050.730.770.560.840.920.620.920.840.81-0.53
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EPlus Account Relationship Matchups

EPlus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets909.1M1.1B1.2B1.4B1.7B1.7B
Short Long Term Debt Total200.2M172.8M179.6M175.0M141.3M136.5M
Other Current Liab53.9M58.5M67.7M96.3M78.3M82.2M
Total Current Liabilities386.6M459.4M460.0M561.3M657.0M689.8M
Total Stockholder Equity486.1M562.4M660.7M782.3M901.8M946.9M
Property Plant And Equipment Net32.6M42.3M45.6M16.6M28.3M15.6M
Net Debt113.9M43.3M20.1M71.9M(111.7M)(106.1M)
Retained Earnings410.2M484.6M507.8M627.2M743.0M780.1M
Accounts Payable82.9M165.2M136.2M220.2M315.7M331.5M
Cash86.2M129.6M155.4M103.1M253.0M265.7M
Non Current Assets Total259.3M299.2M268.7M261.2M379.9M211.7M
Non Currrent Assets Other(13.1M)7.1M64.3M(4.7M)146.0M153.3M
Cash And Short Term Investments86.2M129.6M155.4M103.1M253.0M265.7M
Net Receivables481.7M538.9M540.5M649.5M794.1M833.8M
Common Stock Shares Outstanding26.8M26.8M26.9M26.7M26.7M24.7M
Liabilities And Stockholders Equity909.1M1.1B1.2B1.4B1.7B1.7B
Non Current Liabilities Total36.3M55.0M45.4M71.2M94.7M61.3M
Inventory50.3M70.0M155.1M243.3M139.7M146.7M
Other Current Assets9.3M39.2M13.9M99.3M86.7M91.1M
Other Stockholder Equity76.8M77.0M152.7M153.2M156.2M164.1M
Total Liab423.0M514.4M505.5M632.6M751.7M789.3M
Property Plant And Equipment Gross30.3M27.0M60.5M59.2M127.5M133.8M
Total Current Assets649.8M777.6M897.5M1.1B1.3B1.3B
Accumulated Other Comprehensive Income(991K)655K(124K)1.6M2.3M2.4M
Other Liab22.1M31.6M32.2M49.7M57.2M60.0M
Other Assets12.4M27.6M30.8M58.5M67.3M70.7M
Long Term Debt5.9M18.3M9.9M9.5M12.9M12.3M
Good Will118.1M126.6M126.5M136.1M161.5M169.6M
Common Stock Total Equity144K145K270K272K312.8K328.4K
Intangible Assets34.5M38.6M27.3M25.0M44.1M24.5M
Common Stock144K145K270K272K274K152.9K
Property Plant Equipment20.2M16.2M14.8M26.5M23.9M16.4M
Treasury Stock(68.4M)(75.4M)(6.7M)(14.1M)(12.7M)(13.3M)
Current Deferred Revenue55.5M72.8M86.5M114.0M134.6M141.3M
Short Term Debt194.3M158.4M169.7M168.1M128.4M122.0M
Net Tangible Assets333.6M397.2M660.7M782.3M899.6M944.6M
Capital Surpluse145.2M152.4M159.5M167.3M192.4M144.3M
Deferred Long Term Liab8.9M11.0M19.1M715K822.3K781.1K
Non Current Liabilities Other2.7M5.3M35.5M61.0M81.8M85.9M

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Additional Tools for EPlus Stock Analysis

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