WESCO Change To Inventory vs Free Cash Flow Analysis

WCC Stock  USD 184.75  4.64  2.45%   
WESCO International financial indicator trend analysis is more than just analyzing WESCO International current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WESCO International is a good investment. Please check the relationship between WESCO International Change To Inventory and its Free Cash Flow accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WESCO International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.

Change To Inventory vs Free Cash Flow

Change To Inventory vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WESCO International Change To Inventory account and Free Cash Flow. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between WESCO International's Change To Inventory and Free Cash Flow is 0.45. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of WESCO International, assuming nothing else is changed. The correlation between historical values of WESCO International's Change To Inventory and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of WESCO International are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change To Inventory i.e., WESCO International's Change To Inventory and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from WESCO International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WESCO International 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 WESCO International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.At present, WESCO International's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Gross Profit4.7B4.8B5.6B5.8B
Total Revenue21.4B22.4B25.7B27.0B

WESCO International fundamental ratios Correlations

0.990.990.990.980.990.990.930.990.960.99-0.540.960.990.61.00.990.540.811.00.861.00.190.970.830.83
0.990.980.990.960.991.00.90.980.960.99-0.570.960.980.61.00.980.510.821.00.880.990.220.980.80.8
0.990.980.990.960.980.980.91.00.950.97-0.610.950.990.630.990.990.50.820.990.840.990.120.960.80.8
0.990.990.990.950.980.990.90.990.960.99-0.590.960.980.570.990.980.570.841.00.820.990.230.980.810.82
0.980.960.960.950.950.960.980.960.950.96-0.440.950.980.620.960.970.470.710.960.880.980.080.90.840.84
0.990.990.980.980.950.990.90.980.960.98-0.60.960.980.530.990.980.490.790.990.890.980.210.970.790.78
0.991.00.980.990.960.990.90.980.960.99-0.570.960.980.61.00.980.520.831.00.870.990.220.980.80.8
0.930.90.90.90.980.90.90.910.910.91-0.340.910.940.560.90.930.420.60.90.850.940.020.830.820.82
0.990.981.00.990.960.980.980.910.950.97-0.60.950.990.60.990.990.520.810.990.820.990.120.960.80.8
0.960.960.950.960.950.960.960.910.950.95-0.551.00.960.550.960.960.410.750.960.890.960.220.920.780.77
0.990.990.970.990.960.980.990.910.970.95-0.480.950.970.570.990.970.610.820.990.840.980.290.980.840.85
-0.54-0.57-0.61-0.59-0.44-0.6-0.57-0.34-0.6-0.55-0.48-0.55-0.58-0.26-0.56-0.59-0.04-0.59-0.57-0.52-0.57-0.03-0.57-0.28-0.25
0.960.960.950.960.950.960.960.910.951.00.95-0.550.960.550.960.960.410.750.960.890.960.220.920.780.77
0.990.980.990.980.980.980.980.940.990.960.97-0.580.960.630.981.00.460.770.980.871.00.070.930.810.8
0.60.60.630.570.620.530.60.560.60.550.57-0.260.550.630.60.610.250.610.590.540.62-0.250.520.650.62
1.01.00.990.990.960.991.00.90.990.960.99-0.560.960.980.60.980.550.831.00.850.990.220.980.810.81
0.990.980.990.980.970.980.980.930.990.960.97-0.590.961.00.610.980.450.780.990.871.00.080.940.790.79
0.540.510.50.570.470.490.520.420.520.410.61-0.040.410.460.250.550.450.70.560.130.470.580.640.680.73
0.810.820.820.840.710.790.830.60.810.750.82-0.590.750.770.610.830.780.70.840.570.780.380.880.810.8
1.01.00.991.00.960.991.00.90.990.960.99-0.570.960.980.591.00.990.560.840.840.990.230.980.810.82
0.860.880.840.820.880.890.870.850.820.890.84-0.520.890.870.540.850.870.130.570.840.870.060.790.650.61
1.00.990.990.990.980.980.990.940.990.960.98-0.570.961.00.620.991.00.470.780.990.870.10.950.810.8
0.190.220.120.230.080.210.220.020.120.220.29-0.030.220.07-0.250.220.080.580.380.230.060.10.370.250.29
0.970.980.960.980.90.970.980.830.960.920.98-0.570.920.930.520.980.940.640.880.980.790.950.370.790.8
0.830.80.80.810.840.790.80.820.80.780.84-0.280.780.810.650.810.790.680.810.810.650.810.250.790.99
0.830.80.80.820.840.780.80.820.80.770.85-0.250.770.80.620.810.790.730.80.820.610.80.290.80.99
Click cells to compare fundamentals

WESCO International Account Relationship Matchups

WESCO International fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets11.9B12.6B14.8B15.1B17.3B18.2B
Short Long Term Debt Total4.9B4.7B5.4B6.0B6.9B7.2B
Other Current Liab622.5M770.1M1.0B948.3M1.1B1.1B
Total Current Liabilities3.0B3.0B3.8B3.4B3.9B4.1B
Total Stockholder Equity3.3B3.8B4.4B5.0B5.8B6.1B
Property Plant And Equipment Net933.9M909.9M1.0B1.2B1.4B1.4B
Net Debt4.4B4.5B4.9B5.4B6.3B6.6B
Retained Earnings2.6B3.0B3.8B4.4B5.1B5.3B
Accounts Payable1.7B2.1B2.7B2.4B2.8B2.9B
Cash449.1M212.6M527.3M524.1M602.7M632.9M
Non Current Assets Total6.4B6.3B6.5B6.7B7.7B8.1B
Non Currrent Assets Other1.1B1.1B234.9M322.3M370.6M352.1M
Cash And Short Term Investments449.1M212.6M527.3M524.1M602.7M632.9M
Net Receivables2.5B3.0B4.1B4.1B4.7B4.9B
Common Stock Shares Outstanding46.6M52.0M52.4M52.3M60.1M53.1M
Liabilities And Stockholders Equity11.9B12.6B14.8B15.1B17.3B18.2B
Non Current Liabilities Total5.6B5.8B6.5B6.6B7.6B8.0B
Inventory2.2B2.7B3.5B3.6B4.1B4.3B
Other Current Assets427.1M513.7M384.5M225.4M259.2M152.3M
Other Stockholder Equity1.0B1.0B1.0B976.7M1.1B581.0M
Total Liab8.5B8.8B10.4B10.0B11.5B12.1B
Property Plant And Equipment Gross933.9M379.0M402.7M1.7B1.9B2.0B
Total Current Assets5.5B6.4B8.3B8.4B9.7B10.1B
Accumulated Other Comprehensive Income(263.1M)(236.0M)(377.8M)(332M)(298.8M)(283.9M)
Short Term Debt657.2M139.4M70.5M8.6M9.9M9.4M
Intangible Assets2.1B1.9B1.9B1.9B2.1B2.2B
Common Stock Total Equity636K719K725K728K837.2K658.9K
Common Stock719K725K728K700K805K663.3K
Other Liab238.0M1.2B1.1B688.4M791.6M831.2M
Other Assets13.6M1.1B1.1B1.3B1.5B1.6B
Long Term Debt4.4B4.7B5.3B5.3B6.1B6.4B
Treasury Stock(937.2M)(938.3M)(956.2M)(969.2M)(872.2M)(828.6M)
Property Plant Equipment387.5M399.2M379.0M402.7M463.1M486.2M
Current Deferred Revenue24.3M35.5M34.2M191.7M220.5M231.5M
Good Will3.2B3.2B3.2B3.3B3.8B3.9B
Net Tangible Assets189.4M3.3B3.8B4.5B5.1B5.4B
Long Term Debt Total1.3B4.4B4.7B5.3B6.1B6.5B

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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 WESCO International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WESCO International'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 Wesco International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesco International Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WESCO International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Trading Companies & Distributors 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 WESCO International. If investors know WESCO 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 WESCO International 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
(0.09)
Dividend Share
1.613
Earnings Share
12.49
Revenue Per Share
434.114
Quarterly Revenue Growth
(0.03)
The market value of WESCO International is measured differently than its book value, which is the value of WESCO that is recorded on the company's balance sheet. Investors also form their own opinion of WESCO International's value that differs from its market value or its book value, called intrinsic value, which is WESCO International'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 WESCO International's market value can be influenced by many factors that don't directly affect WESCO International'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 WESCO International's value and its price as these two are different measures arrived at by different means. Investors typically determine if WESCO International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WESCO International'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.