Wayfair Gross Profit vs Non Operating Income Net Other Analysis

W Stock  USD 44.03  1.40  3.28%   
Wayfair financial indicator trend analysis is more than just analyzing Wayfair current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Wayfair is a good investment. Please check the relationship between Wayfair Gross Profit and its Non Operating Income Net Other accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wayfair. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Wayfair Stock please use our How to Invest in Wayfair guide.

Gross Profit vs Non Operating Income Net Other

Gross Profit vs Non Operating Income Net Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Wayfair Gross Profit account and Non Operating Income Net Other. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Wayfair's Gross Profit and Non Operating Income Net Other is 0.44. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Non Operating Income Net Other in the same time period over historical financial statements of Wayfair, assuming nothing else is changed. The correlation between historical values of Wayfair's Gross Profit and Non Operating Income Net Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Wayfair are associated (or correlated) with its Non Operating Income Net Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Operating Income Net Other has no effect on the direction of Gross Profit i.e., Wayfair's Gross Profit and Non Operating Income Net Other go up and down completely randomly.

Correlation Coefficient

0.44
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Wayfair minus its cost of goods sold. It is profit before Wayfair 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.

Non Operating Income Net Other

Most indicators from Wayfair's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Wayfair 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 Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wayfair. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Wayfair Stock please use our How to Invest in Wayfair guide.At this time, Wayfair's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to climb to about 15.8 M in 2024, whereas Enterprise Value Multiple is likely to drop (35.29) in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.9B3.4B3.7B2.0B
Total Revenue13.7B12.2B12.0B7.4B

Wayfair fundamental ratios Correlations

0.810.750.86-0.730.380.820.820.71-0.750.880.740.830.840.270.720.71-0.820.480.780.840.880.640.80.680.77
0.810.970.99-0.780.150.970.990.81-0.770.970.950.960.780.520.960.86-0.860.780.920.910.980.560.930.660.98
0.750.970.95-0.770.120.950.960.79-0.750.940.910.940.670.60.920.86-0.810.740.890.890.940.530.90.590.95
0.860.990.95-0.840.180.990.970.84-0.831.00.910.980.830.430.910.88-0.880.70.930.950.990.640.940.720.95
-0.73-0.78-0.77-0.840.02-0.85-0.74-0.990.99-0.85-0.68-0.84-0.63-0.18-0.65-0.830.78-0.33-0.96-0.87-0.81-0.77-0.95-0.94-0.71
0.380.150.120.180.020.070.25-0.11-0.040.20.260.060.520.140.21-0.05-0.28-0.030.040.130.260.210.090.030.2
0.820.970.950.99-0.850.070.940.87-0.840.990.861.00.770.40.870.89-0.870.70.930.960.970.650.940.730.91
0.820.990.960.97-0.740.250.940.76-0.720.960.960.930.80.530.970.84-0.850.80.890.880.970.520.910.610.99
0.710.810.790.84-0.99-0.110.870.76-0.970.850.670.870.590.170.670.86-0.790.430.960.880.820.750.950.920.73
-0.75-0.77-0.75-0.830.99-0.04-0.84-0.72-0.97-0.84-0.66-0.84-0.68-0.17-0.63-0.760.8-0.29-0.94-0.86-0.81-0.87-0.94-0.96-0.69
0.880.970.941.0-0.850.20.990.960.85-0.840.890.980.830.410.890.88-0.890.660.930.960.990.660.940.730.93
0.740.950.910.91-0.680.260.860.960.67-0.660.890.840.760.670.990.73-0.770.720.840.770.910.460.850.550.98
0.830.960.940.98-0.840.061.00.930.87-0.840.980.840.770.380.850.88-0.880.70.920.960.970.670.930.730.9
0.840.780.670.83-0.630.520.770.80.59-0.680.830.760.770.230.740.56-0.770.480.70.750.850.660.740.670.76
0.270.520.60.43-0.180.140.40.530.17-0.170.410.670.380.230.650.17-0.330.440.360.20.40.110.370.020.59
0.720.960.920.91-0.650.210.870.970.67-0.630.890.990.850.740.650.75-0.770.820.840.770.910.410.850.520.99
0.710.860.860.88-0.83-0.050.890.840.86-0.760.880.730.880.560.170.75-0.740.650.870.920.870.410.860.640.81
-0.82-0.86-0.81-0.880.78-0.28-0.87-0.85-0.790.8-0.89-0.77-0.88-0.77-0.33-0.77-0.74-0.55-0.85-0.83-0.89-0.72-0.87-0.75-0.81
0.480.780.740.7-0.33-0.030.70.80.43-0.290.660.720.70.480.440.820.65-0.550.560.580.70.070.580.190.81
0.780.920.890.93-0.960.040.930.890.96-0.940.930.840.920.70.360.840.87-0.850.560.90.910.721.00.870.88
0.840.910.890.95-0.870.130.960.880.88-0.860.960.770.960.750.20.770.92-0.830.580.90.950.670.910.750.83
0.880.980.940.99-0.810.260.970.970.82-0.810.990.910.970.850.40.910.87-0.890.70.910.950.630.930.710.94
0.640.560.530.64-0.770.210.650.520.75-0.870.660.460.670.660.110.410.41-0.720.070.720.670.630.730.880.46
0.80.930.90.94-0.950.090.940.910.95-0.940.940.850.930.740.370.850.86-0.870.581.00.910.930.730.870.89
0.680.660.590.72-0.940.030.730.610.92-0.960.730.550.730.670.020.520.64-0.750.190.870.750.710.880.870.58
0.770.980.950.95-0.710.20.910.990.73-0.690.930.980.90.760.590.990.81-0.810.810.880.830.940.460.890.58
Click cells to compare fundamentals

Wayfair Account Relationship Matchups

Wayfair fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding92.2M99.3M104M106M114M92.5M
Total Assets3.0B4.6B4.6B3.6B3.5B2.3B
Other Current Liab444.7M807.5M581M681M439M314.1M
Total Current Liabilities1.6B2.2B2.2B2.1B2.2B1.2B
Total Stockholder Equity(944.2M)(1.2B)(1.6B)(2.6B)(2.7B)(2.6B)
Other Liab160.4M6.9M67.0M28M32.2M56.7M
Property Plant And Equipment Net1.4B1.5B1.5B1.6B1.6B825.5M
Current Deferred Revenue167.6M292.5M299M214M195M144.8M
Net Debt1.7B1.4B2.2B3.1B2.9B3.0B
Retained Earnings(2.1B)(1.9B)(1.9B)(3.3B)(4.0B)(3.8B)
Accounts Payable908.1M1.2B1.2B1.2B1.2B708.2M
Cash582.8M2.1B1.7B1.1B1.3B853.6M
Non Current Assets Total1.6B1.5B1.6B1.6B1.6B877.0M
Non Currrent Assets Other13.5M14.2M19M8M23M11.7M
Other Assets8.4M839.8M35M34M39.1M37.1M
Cash And Short Term Investments987.0M2.6B2.4B1.3B1.4B1.1B
Net Receivables99.7M110.3M226M272M140M91.2M
Short Term Investments404.3M461.7M693M228M29M27.6M
Liabilities And Stockholders Equity3.0B4.6B4.6B3.6B3.5B2.3B
Non Current Liabilities Total2.3B3.6B4.0B4.1B4.0B4.2B
Inventory61.7M52.2M69M90M75M46.1M
Other Current Assets228.7M292M318M293M289M183.4M
Other Stockholder Equity1.1B698.5M337M737M1.3B1.4B
Total Liab3.9B5.8B6.2B6.1B6.2B6.5B
Property Plant And Equipment Gross1.4B684.3M1.5B1.6B3.1B3.2B
Total Current Assets1.4B3.0B3.0B1.9B1.9B1.4B
Accumulated Other Comprehensive Income(1.8M)(1.4M)(4.5M)(7M)(5M)(4.8M)
Short Term Debt91.1M97M110M125M250M262.5M
Intangible Assets18.4M17.3M16M15M14M8.6M
Property Plant Equipment624.5M684.3M1.5B1.6B1.9B1.9B
Net Tangible Assets(963.0M)(1.2B)(1.6B)(2.6B)(2.3B)(2.2B)
Long Term Debt1.5B2.7B3.1B3.1B3.1B1.6B
Common Stock Total Equity88K91K94K73K65.7K68.5K
Retained Earnings Total Equity(2.1B)(1.9B)(1.9B)(3.3B)(3.0B)(2.8B)
Capital Surpluse1.1B698.5M337M737M847.6M652.3M
Non Current Liabilities Other829.5M937.0M920M28M44M41.8M
Common Stock94K100K105K108.6K124.9K102.6K
Short Long Term Debt Total2.3B3.5B3.9B4.2B4.2B2.4B
Long Term Investments155.7M0.08M11M14M13.3M

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Additional Tools for Wayfair Stock Analysis

When running Wayfair's price analysis, check to measure Wayfair's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wayfair is operating at the current time. Most of Wayfair's value examination focuses on studying past and present price action to predict the probability of Wayfair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wayfair's price. Additionally, you may evaluate how the addition of Wayfair to your portfolios can decrease your overall portfolio volatility.