TrueCar Income Quality vs Inventory Turnover Analysis

TRUE Stock

USD 3.62 0.17 4.93%

TrueCar financial indicator trend analysis is much more than just breaking down TrueCar prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TrueCar is a good investment. Please check the relationship between TrueCar Income Quality and its Inventory Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueCar. 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.

For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.

Income Quality vs Inventory Turnover

Income Quality vs Inventory Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TrueCar Income Quality account and Inventory Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between TrueCar's Income Quality and Inventory Turnover is -0.51. Overlapping area represents the amount of variation of Income Quality that can explain the historical movement of Inventory Turnover in the same time period over historical financial statements of TrueCar, assuming nothing else is changed. The correlation between historical values of TrueCar's Income Quality and Inventory Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Quality of TrueCar are associated (or correlated) with its Inventory Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory Turnover has no effect on the direction of Income Quality i.e., TrueCar's Income Quality and Inventory Turnover go up and down completely randomly.

Correlation Coefficient

-0.51

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Income Quality

An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Most indicators from TrueCar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TrueCar 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 World Market Map to better understand how to build diversified portfolios, which includes a position in TrueCar. 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.

For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.At present, TrueCar's Tax Provision is projected to decrease significantly based on the last few years of reporting.

	2022	2023	2024	2025 (projected)
Gross Profit	145.3M	142.9M	164.3M	222.0M
Total Revenue	161.5M	158.7M	182.5M	245.0M

Gross Profit Total Revenue

TrueCar fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross
Common Stock Shares Outstanding		0.77	0.3	0.17	-0.22	0.77	0.51	0.68	-0.81	-0.76	0.5	0.85	0.08	-0.46	0.34	0.85	0.56	-0.17	0.9	0.65	0.7	0.07	0.62	0.88	0.56	0.54
Total Assets	0.77		0.48	0.3	0.14	1.0	0.3	0.81	-0.87	-0.45	0.75	0.89	0.48	-0.61	0.46	0.89	0.78	0.27	0.83	0.43	0.76	0.41	0.53	0.68	0.78	0.3
Short Long Term Debt Total	0.3	0.48		0.14	0.41	0.45	0.06	0.66	-0.21	-0.13	0.46	0.29	0.48	-0.52	0.23	0.29	0.41	0.26	0.34	0.07	0.44	0.33	0.14	0.36	0.6	0.16
Other Current Liab	0.17	0.3	0.14		0.42	0.27	-0.01	0.37	-0.12	0.05	0.41	0.11	0.44	-0.58	0.11	0.11	0.6	0.33	0.21	-0.24	0.26	0.2	0.03	-0.04	0.42	0.2
Total Current Liabilities	-0.22	0.14	0.41	0.42		0.1	-0.23	0.09	0.2	0.5	0.36	-0.19	0.73	-0.43	0.1	-0.19	0.33	0.76	-0.17	-0.29	-0.07	0.53	-0.19	-0.29	0.36	-0.4
Total Stockholder Equity	0.77	1.0	0.45	0.27	0.1		0.29	0.78	-0.9	-0.46	0.72	0.92	0.44	-0.59	0.48	0.92	0.75	0.23	0.83	0.45	0.72	0.39	0.56	0.68	0.72	0.3
Other Liab	0.51	0.3	0.06	-0.01	-0.23	0.29		0.54	-0.27	-0.57	0.54	0.29	0.01	0.25	-0.19	0.29	0.52	-0.19	0.53	0.34	0.42	-0.02	0.0	0.65	0.3	0.56
Property Plant And Equipment Net	0.68	0.81	0.66	0.37	0.09	0.78	0.54		-0.59	-0.43	0.83	0.63	0.5	-0.44	0.13	0.63	0.86	0.21	0.74	0.15	0.82	0.37	0.17	0.66	0.8	0.47
Net Debt	-0.81	-0.87	-0.21	-0.12	0.2	-0.9	-0.27	-0.59		0.62	-0.48	-0.99	-0.14	0.48	-0.5	-0.99	-0.51	0.06	-0.84	-0.58	-0.6	-0.23	-0.73	-0.74	-0.44	-0.28
Retained Earnings	-0.76	-0.45	-0.13	0.05	0.5	-0.46	-0.57	-0.43	0.62		-0.16	-0.67	0.42	0.2	-0.13	-0.67	-0.2	0.66	-0.81	-0.82	-0.45	0.37	-0.56	-0.86	-0.25	-0.73
Accounts Payable	0.5	0.75	0.46	0.41	0.36	0.72	0.54	0.83	-0.48	-0.16		0.47	0.72	-0.34	0.02	0.47	0.94	0.53	0.53	0.05	0.71	0.6	-0.03	0.43	0.8	0.2
Cash	0.85	0.89	0.29	0.11	-0.19	0.92	0.29	0.63	-0.99	-0.67	0.47		0.11	-0.51	0.51	1.0	0.51	-0.1	0.89	0.64	0.62	0.17	0.75	0.79	0.49	0.36
Non Current Assets Total	0.08	0.48	0.48	0.44	0.73	0.44	0.01	0.5	-0.14	0.42	0.72	0.11		-0.46	0.08	0.11	0.69	0.94	0.08	-0.37	0.41	0.85	-0.17	-0.02	0.62	-0.35
Non Currrent Assets Other	-0.46	-0.61	-0.52	-0.58	-0.43	-0.59	0.25	-0.44	0.48	0.2	-0.34	-0.51	-0.46		-0.37	-0.51	-0.43	-0.32	-0.52	-0.25	-0.48	-0.36	-0.46	-0.33	-0.63	-0.04
Other Assets	0.34	0.46	0.23	0.11	0.1	0.48	-0.19	0.13	-0.5	-0.13	0.02	0.51	0.08	-0.37		0.51	0.16	0.02	0.28	0.36	0.23	0.07	0.83	0.28	0.27	0.05
Cash And Short Term Investments	0.85	0.89	0.29	0.11	-0.19	0.92	0.29	0.63	-0.99	-0.67	0.47	1.0	0.11	-0.51	0.51		0.51	-0.1	0.89	0.64	0.62	0.17	0.75	0.79	0.49	0.36
Net Receivables	0.56	0.78	0.41	0.6	0.33	0.75	0.52	0.86	-0.51	-0.2	0.94	0.51	0.69	-0.43	0.16	0.51		0.49	0.6	0.05	0.75	0.5	0.09	0.47	0.83	0.32
Good Will	-0.17	0.27	0.26	0.33	0.76	0.23	-0.19	0.21	0.06	0.66	0.53	-0.1	0.94	-0.32	0.02	-0.1	0.49		-0.17	-0.49	0.17	0.79	-0.3	-0.29	0.41	-0.53
Common Stock Total Equity	0.9	0.83	0.34	0.21	-0.17	0.83	0.53	0.74	-0.84	-0.81	0.53	0.89	0.08	-0.52	0.28	0.89	0.6	-0.17		0.68	0.68	0.03	0.59	0.91	0.59	0.62
Short Term Investments	0.65	0.43	0.07	-0.24	-0.29	0.45	0.34	0.15	-0.58	-0.82	0.05	0.64	-0.37	-0.25	0.36	0.64	0.05	-0.49	0.68		0.29	-0.3	0.73	0.74	0.22	0.48
Non Current Liabilities Total	0.7	0.76	0.44	0.26	-0.07	0.72	0.42	0.82	-0.6	-0.45	0.71	0.62	0.41	-0.48	0.23	0.62	0.75	0.17	0.68	0.29		0.41	0.31	0.67	0.88	0.35
Inventory	0.07	0.41	0.33	0.2	0.53	0.39	-0.02	0.37	-0.23	0.37	0.6	0.17	0.85	-0.36	0.07	0.17	0.5	0.79	0.03	-0.3	0.41		-0.06	-0.04	0.49	-0.61
Other Current Assets	0.62	0.53	0.14	0.03	-0.19	0.56	0.0	0.17	-0.73	-0.56	-0.03	0.75	-0.17	-0.46	0.83	0.75	0.09	-0.3	0.59	0.73	0.31	-0.06		0.59	0.21	0.23
Other Stockholder Equity	0.88	0.68	0.36	-0.04	-0.29	0.68	0.65	0.66	-0.74	-0.86	0.43	0.79	-0.02	-0.33	0.28	0.79	0.47	-0.29	0.91	0.74	0.67	-0.04	0.59		0.51	0.62
Total Liab	0.56	0.78	0.6	0.42	0.36	0.72	0.3	0.8	-0.44	-0.25	0.8	0.49	0.62	-0.63	0.27	0.49	0.83	0.41	0.59	0.22	0.88	0.49	0.21	0.51		0.27
Property Plant And Equipment Gross	0.54	0.3	0.16	0.2	-0.4	0.3	0.56	0.47	-0.28	-0.73	0.2	0.36	-0.35	-0.04	0.05	0.36	0.32	-0.53	0.62	0.48	0.35	-0.61	0.23	0.62	0.27

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TrueCar Account Relationship Matchups

TrueCar fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	106.3M	97.4M	91.5M	89.8M	103.2M	89.0M
Total Assets	458.1M	387.7M	251.5M	204.3M	235.0M	343.1M
Short Long Term Debt Total	36.7M	31.6M	23.0M	14.4M	16.6M	29.3M
Other Current Liab	21.1M	10.7M	13.1M	18.9M	17.0M	15.0M
Total Current Liabilities	41.7M	31.5M	30.8M	29.0M	26.1M	30.4M
Total Stockholder Equity	383.9M	329.8M	197.3M	160.2M	184.2M	272.7M
Other Liab	3.1M	428K	103K	5.0M	5.7M	3.4M
Property Plant And Equipment Net	50.6M	42.8M	35.8M	29.0M	33.4M	50.7M
Net Debt	(236.6M)	(213.7M)	(152.5M)	(122.6M)	(110.3M)	(115.8M)
Retained Earnings	(354.4M)	(393.8M)	(512.5M)	(562.3M)	(506.1M)	(531.4M)
Accounts Payable	12.3M	10.2M	8.7M	6.9M	6.2M	11.0M
Cash	273.3M	245.2M	175.5M	137.0M	157.5M	168.7M
Non Current Assets Total	133.1M	117.7M	53.7M	41.2M	37.1M	35.3M
Non Currrent Assets Other	(6.1M)	(3.1M)	3.9M	3.9M	3.5M	3.6M
Other Assets	3.6M	53.9M	4.3M	3.9M	4.5M	8.0M
Cash And Short Term Investments	273.3M	245.2M	175.5M	137.0M	157.5M	168.7M
Net Receivables	32.9M	16.7M	13.8M	19.2M	17.2M	22.9M
Liabilities And Stockholders Equity	458.1M	387.7M	251.5M	204.3M	235.0M	343.1M
Non Current Liabilities Total	32.4M	26.4M	23.5M	15.1M	17.4M	28.6M
Inventory	5.8M	6.1M	6.0M	1.0	0.9	0.86
Other Current Assets	18.7M	8.0M	8.5M	7.0M	8.0M	5.6M
Other Stockholder Equity	738.3M	723.6M	709.8M	722.5M	830.9M	644.1M
Total Liab	74.1M	57.9M	54.3M	44.1M	50.7M	70.4M
Property Plant And Equipment Gross	50.6M	19.2M	18.9M	108.2M	124.4M	130.6M
Total Current Assets	324.9M	269.9M	197.8M	163.1M	187.5M	210.2M
Short Term Debt	9.5M	10.5M	9.0M	3.2M	2.9M	2.8M
Intangible Assets	6.6M	5.0M	14.0M	8.4M	7.5M	7.2M
Property Plant Equipment	29.8M	21.4M	42.8M	18.9M	21.7M	20.7M
Net Tangible Assets	236.7M	382.8M	273.6M	197.3M	226.9M	251.7M
Retained Earnings Total Equity	(432.1M)	(355.5M)	(393.8M)	(512.5M)	(461.3M)	(484.3M)
Capital Surpluse	759.3M	738.3M	723.6M	709.8M	816.3M	712.2M
Deferred Long Term Liab	783K	40K	103K	1.5M	1.4M	1.0M
Non Current Liabilities Other	32.4M	26.3M	23.5M	4.0M	4.6M	4.3M

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When determining whether TrueCar is a strong investment it is important to analyze TrueCar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TrueCar's future performance. For an informed investment choice regarding TrueCar Stock, refer to the following important reports:

How To Invest In TrueCar

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Is TrueCar Stock a good investment?

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What is TrueCar's Net Worth?

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Largest Interactive Media & Services Companies

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueCar. 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.

For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Interactive Media & 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 TrueCar. If investors know TrueCar 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 TrueCar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.29)

Revenue Per Share

1.874

Quarterly Revenue Growth

0.131

Return On Assets

(0.06)

Return On Equity

(0.19)

The market value of TrueCar is measured differently than its book value, which is the value of TrueCar that is recorded on the company's balance sheet. Investors also form their own opinion of TrueCar's value that differs from its market value or its book value, called intrinsic value, which is TrueCar'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 TrueCar's market value can be influenced by many factors that don't directly affect TrueCar'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 TrueCar's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueCar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueCar'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.

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TrueCar Income Quality vs Inventory Turnover Analysis

Income Quality vs Inventory Turnover

Income Quality vs Inventory Turnover Correlation Analysis

Correlation Coefficient

Income Quality

Inventory Turnover

TrueCar fundamental ratios Correlations

TrueCar Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TrueCar fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 0.94	Accounts Payable
Good Will	+ 0.94	Non Current Assets Total
Cash	+ 0.92	Total Stockholder Equity
Cash And Short Term Investments	+ 0.92	Total Stockholder Equity

Cash And Short Term Investments	- 0.99	Net Debt
Cash	- 0.99	Net Debt
Net Debt	- 0.9	Total Stockholder Equity
Net Debt	- 0.87	Total Assets
Other Stockholder Equity	- 0.86	Retained Earnings
Common Stock Total Equity	- 0.84	Net Debt