Porvair Cost Of Revenue vs Gross Profit Analysis

PRV Stock   654.00  4.00  0.62%   
Porvair Plc financial indicator trend analysis is much more than just breaking down Porvair plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Porvair plc is a good investment. Please check the relationship between Porvair Plc Cost Of Revenue and its Gross Profit accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Porvair plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cost Of Revenue vs Gross Profit

Cost Of Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Porvair plc Cost Of Revenue account and Gross Profit. At this time, the significance of the direction appears to have strong relationship.
The correlation between Porvair Plc's Cost Of Revenue and Gross Profit is 0.74. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Porvair plc, assuming nothing else is changed. The correlation between historical values of Porvair Plc's Cost Of Revenue and Gross Profit 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 Porvair plc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cost Of Revenue i.e., Porvair Plc's Cost Of Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.74
Relationship DirectionPositive 
Relationship StrengthSignificant

Cost Of Revenue

Cost of Revenue is found on Porvair plc income statement and represents the costs associated with goods and services Porvair Plc 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.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Porvair plc minus its cost of goods sold. It is profit before Porvair Plc operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most indicators from Porvair Plc's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Porvair plc 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 Porvair plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
As of December 1, 2024, Selling General Administrative is expected to decline to about 22.2 M. In addition to that, Tax Provision is expected to decline to about 3.4 M
 2021 2022 2023 2024 (projected)
Interest Expense1.1M911K1.0M733.6K
Depreciation And Amortization6.1M6.8M7.8M8.2M

Porvair Plc fundamental ratios Correlations

0.630.360.90.990.970.070.950.160.971.0-0.780.970.570.570.580.99-0.360.050.910.841.00.340.590.44-0.15
0.63-0.140.340.610.680.70.630.170.60.64-0.510.60.380.370.760.64-0.65-0.320.590.530.60.260.390.330.07
0.36-0.140.690.280.17-0.680.140.310.40.34-0.30.40.770.760.40.240.460.710.54-0.010.38-0.20.760.75-0.66
0.90.340.690.850.78-0.260.750.290.880.89-0.660.880.730.730.560.84-0.030.370.930.620.910.160.740.61-0.42
0.990.610.280.850.980.080.980.090.960.99-0.780.960.490.490.481.0-0.41-0.040.840.90.990.370.510.35-0.05
0.970.680.170.780.980.180.98-0.030.940.97-0.820.940.410.40.510.98-0.49-0.140.810.910.960.440.430.270.05
0.070.7-0.68-0.260.080.180.170.07-0.040.090.04-0.04-0.22-0.220.280.13-0.62-0.590.020.20.020.1-0.21-0.220.41
0.950.630.140.750.980.980.17-0.030.90.95-0.770.90.340.340.40.98-0.52-0.20.740.930.950.390.360.20.13
0.160.170.310.290.09-0.030.07-0.030.110.160.260.110.570.570.410.110.190.430.35-0.10.16-0.220.560.6-0.58
0.970.60.40.880.960.94-0.040.90.110.97-0.821.00.60.610.60.95-0.320.10.90.780.980.370.620.48-0.23
1.00.640.340.890.990.970.090.950.160.97-0.780.970.570.570.590.98-0.360.050.910.850.990.350.590.44-0.15
-0.78-0.51-0.3-0.66-0.78-0.820.04-0.770.26-0.82-0.78-0.82-0.42-0.42-0.47-0.750.16-0.09-0.67-0.67-0.77-0.39-0.44-0.310.07
0.970.60.40.880.960.94-0.040.90.111.00.97-0.820.60.610.60.95-0.320.10.90.780.980.370.620.48-0.23
0.570.380.770.730.490.41-0.220.340.570.60.57-0.420.61.00.730.460.220.640.750.220.570.091.00.99-0.81
0.570.370.760.730.490.4-0.220.340.570.610.57-0.420.611.00.720.460.230.650.750.230.570.11.00.99-0.82
0.580.760.40.560.480.510.280.40.410.60.59-0.470.60.730.720.49-0.240.180.790.210.560.050.730.7-0.4
0.990.640.240.841.00.980.130.980.110.950.98-0.750.950.460.460.49-0.46-0.090.830.890.990.340.490.33-0.02
-0.36-0.650.46-0.03-0.41-0.49-0.62-0.520.19-0.32-0.360.16-0.320.220.23-0.24-0.460.87-0.18-0.43-0.36-0.060.220.29-0.61
0.05-0.320.710.37-0.04-0.14-0.59-0.20.430.10.05-0.090.10.640.650.18-0.090.870.28-0.190.050.010.640.67-0.87
0.910.590.540.930.840.810.020.740.350.90.91-0.670.90.750.750.790.83-0.180.280.590.90.20.760.64-0.42
0.840.53-0.010.620.90.910.20.93-0.10.780.85-0.670.780.220.230.210.89-0.43-0.190.590.830.630.250.090.17
1.00.60.380.910.990.960.020.950.160.980.99-0.770.980.570.570.560.99-0.360.050.90.830.310.590.44-0.16
0.340.26-0.20.160.370.440.10.39-0.220.370.35-0.390.370.090.10.050.34-0.060.010.20.630.310.10.03-0.04
0.590.390.760.740.510.43-0.210.360.560.620.59-0.440.621.01.00.730.490.220.640.760.250.590.10.98-0.8
0.440.330.750.610.350.27-0.220.20.60.480.44-0.310.480.990.990.70.330.290.670.640.090.440.030.98-0.84
-0.150.07-0.66-0.42-0.050.050.410.13-0.58-0.23-0.150.07-0.23-0.81-0.82-0.4-0.02-0.61-0.87-0.420.17-0.16-0.04-0.8-0.84
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Porvair Plc Account Relationship Matchups

Porvair Plc fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets165.7M169.6M187.7M196.1M225.5M236.8M
Short Long Term Debt Total24.3M17.4M11.5M16.2M18.6M9.8M
Other Current Liab10.7M15.6M18.1M15.1M17.4M9.1M
Total Current Liabilities28.1M29.2M34.4M32.5M37.4M39.3M
Total Stockholder Equity98.2M108.9M131.1M140.4M161.5M169.6M
Property Plant And Equipment Net33.5M32.2M34.5M40.5M46.5M48.9M
Net Debt8.7M2.0M(6.8M)(653K)(587.7K)(558.3K)
Retained Earnings52.7M63.3M77.1M90.9M104.5M109.8M
Accounts Payable10.4M8.3M10.7M8.6M9.9M8.0M
Cash15.6M15.4M18.3M16.8M19.4M20.3M
Non Current Assets Total106.1M108.2M113.4M123.8M142.4M149.5M
Non Currrent Assets Other(103.4M)(106.3M)(112.4M)(123.4M)(111.1M)(105.5M)
Cash And Short Term Investments15.6M15.4M18.3M16.8M19.4M20.3M
Common Stock Shares Outstanding46.0M46.0M45.9M45.9M52.8M35.0M
Liabilities And Stockholders Equity165.7M169.6M187.7M196.1M225.5M236.8M
Non Current Liabilities Total39.4M31.5M22.3M23.1M26.6M14.2M
Inventory23.4M24.7M31.0M31.9M36.7M38.5M
Other Current Assets1.4M1.9M2.7M3.7M4.2M4.0M
Other Stockholder Equity36.9M37.1M37.6M37.8M43.4M37.8M
Total Liab67.6M60.7M56.6M55.6M64.0M67.2M
Property Plant And Equipment Gross33.5M32.2M34.5M88.1M101.3M106.4M
Total Current Assets59.6M61.4M74.3M72.3M83.1M87.2M
Short Term Debt3.4M(890K)(1.3M)4.8M4.4M4.6M
Common Stock921K923K924K927K1.1M704.0K
Accumulated Other Comprehensive Income7.6M7.7M15.5M10.8M12.4M13.1M
Intangible Assets5.2M6.3M5.6M7.8M7.0M8.1M
Current Deferred Revenue2.4M4.4M3.1M3.3M3.8M4.0M
Net Receivables19.3M19.4M22.4M19.9M22.8M16.5M
Good Will64.9M67.8M72.3M75.2M86.4M53.8M
Other Liab17.7M18.5M16.3M13.0M11.7M13.4M
Net Tangible Assets24.0M28.2M34.9M53.2M61.1M64.2M
Other Assets3.6M2.7M1.9M1.0M943.2K896.0K
Deferred Long Term Liab154K82K33K2K1.8K1.7K
Property Plant Equipment22.8M33.5M32.2M34.5M39.6M25.6M
Net Invested Capital108.9M114.2M131.1M143.2M164.7M121.5M
Net Working Capital31.5M32.3M39.9M39.7M45.7M32.1M

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Other Information on Investing in Porvair Stock

Balance Sheet is a snapshot of the financial position of Porvair plc at a specified time, usually calculated after every quarter, six months, or one year. Porvair Plc Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Porvair Plc and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Porvair currently owns. An asset can also be divided into two categories, current and non-current.