Warby Change To Inventory vs Capital Expenditures Analysis

WRBY Stock  USD 22.90  1.25  5.18%   
Warby Parker financial indicator trend analysis is more than just analyzing Warby Parker current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Warby Parker is a good investment. Please check the relationship between Warby Parker Change To Inventory and its Capital Expenditures accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Warby Parker. 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 labor statistics.
For more information on how to buy Warby Stock please use our How to Invest in Warby Parker guide.

Change To Inventory vs Capital Expenditures

Change To Inventory vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Warby Parker Change To Inventory account and Capital Expenditures. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Warby Parker's Change To Inventory and Capital Expenditures is 0.41. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of Warby Parker, assuming nothing else is changed. The correlation between historical values of Warby Parker's Change To Inventory and Capital Expenditures 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 Warby Parker are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Change To Inventory i.e., Warby Parker's Change To Inventory and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

Change To Inventory

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

Capital Expenditures

Capital Expenditures are funds used by Warby Parker to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Warby Parker operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from Warby Parker's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Warby Parker 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 Warby Parker. 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 labor statistics.
For more information on how to buy Warby Stock please use our How to Invest in Warby Parker guide.Tax Provision is likely to drop to about 371.1 K in 2024. Selling General Administrative is likely to drop to about 331.3 M in 2024
 2021 2022 2023 2024 (projected)
Interest Expense347K1.3M1.2M738K
Depreciation And Amortization22.0M31.9M38.6M27.6M

Warby Parker fundamental ratios Correlations

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0.960.90.980.9-0.70.960.90.83-0.17-0.95-0.930.80.9-0.540.840.80.520.70.880.860.980.950.960.780.86
0.760.910.830.76-0.350.910.610.59-0.32-0.8-0.740.70.61-0.870.560.70.360.580.570.860.890.680.910.50.75
0.910.870.940.84-0.690.970.90.8-0.09-0.94-0.940.710.9-0.610.820.710.620.670.880.980.890.930.970.820.79
0.930.750.920.82-0.860.890.990.880.04-0.93-0.950.690.99-0.310.920.690.680.690.980.950.680.930.890.920.76
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0.940.950.940.99-0.430.780.640.86-0.6-0.8-0.630.990.63-0.560.620.990.090.590.620.860.750.790.760.780.57
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Warby Parker Account Relationship Matchups

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Additional Tools for Warby Stock Analysis

When running Warby Parker's price analysis, check to measure Warby Parker'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 Warby Parker is operating at the current time. Most of Warby Parker's value examination focuses on studying past and present price action to predict the probability of Warby Parker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Warby Parker's price. Additionally, you may evaluate how the addition of Warby Parker to your portfolios can decrease your overall portfolio volatility.