Danaher Other Current Assets vs Inventory Analysis

DHR Stock

USD 261.38 4.58 1.78%

Danaher financial indicator trend analysis is much more than just examining Danaher latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Danaher is a good investment. Please check the relationship between Danaher Other Current Assets and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.

Other Current Assets vs Inventory

Other Current Assets vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Danaher Other Current Assets account and Inventory. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Danaher's Other Current Assets and Inventory is 0.97. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Danaher, assuming nothing else is changed. The correlation between historical values of Danaher's Other Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Danaher are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Assets i.e., Danaher's Other Current Assets and Inventory go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Inventory

Most indicators from Danaher's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Danaher 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaher. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.At this time, Danaher's Selling General Administrative is relatively stable compared to the past year. As of 06/04/2024, Enterprise Value Over EBITDA is likely to grow to 24.92, while Tax Provision is likely to drop slightly above 828.7 M.

	2021	2022	2023	2024 (projected)
Gross Profit	18.0B	18.9B	14.0B	14.7B
Total Revenue	29.5B	31.5B	14.0B	10.5B

Gross Profit Total Revenue

Danaher fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.93	0.89	0.93	0.98	0.95	0.8	0.96	0.44	0.98	0.9	0.44	0.81	0.6	0.93	0.89	0.94	0.96	0.96	0.88	0.71	0.37	0.97	0.6	0.65	0.66
Short Long Term Debt Total	0.93		0.79	0.81	0.85	0.79	0.77	0.82	0.58	0.89	0.81	0.58	0.65	0.48	0.98	0.72	0.8	0.86	0.98	0.73	0.77	0.34	0.89	0.49	0.55	0.56
Other Current Liab	0.89	0.79		0.9	0.84	0.85	0.75	0.81	0.27	0.88	0.76	0.27	0.91	0.75	0.85	0.92	0.93	0.78	0.89	0.71	0.59	0.14	0.88	0.8	0.76	0.77
Total Current Liabilities	0.93	0.81	0.9		0.92	0.95	0.81	0.92	0.24	0.94	0.8	0.24	0.89	0.71	0.82	0.94	0.94	0.88	0.88	0.84	0.56	0.52	0.92	0.68	0.72	0.73
Total Stockholder Equity	0.98	0.85	0.84	0.92		0.97	0.75	0.99	0.38	0.97	0.92	0.38	0.79	0.57	0.84	0.9	0.95	0.99	0.88	0.94	0.65	0.41	0.94	0.53	0.61	0.62
Property Plant And Equipment Net	0.95	0.79	0.85	0.95	0.97		0.78	0.97	0.25	0.96	0.86	0.25	0.84	0.65	0.78	0.94	0.95	0.95	0.84	0.93	0.56	0.47	0.92	0.57	0.66	0.67
Net Debt	0.8	0.77	0.75	0.81	0.75	0.78		0.73	-0.07	0.88	0.69	-0.07	0.65	0.39	0.78	0.74	0.78	0.73	0.81	0.73	0.22	0.4	0.91	0.53	0.47	0.48
Retained Earnings	0.96	0.82	0.81	0.92	0.99	0.97	0.73		0.35	0.96	0.88	0.35	0.81	0.61	0.81	0.9	0.93	0.97	0.85	0.92	0.64	0.46	0.92	0.54	0.63	0.64
Cash	0.44	0.58	0.27	0.24	0.38	0.25	-0.07	0.35		0.27	0.38	1.0	0.19	0.25	0.55	0.18	0.25	0.41	0.5	0.21	0.93	0.02	0.24	0.1	0.26	0.26
Non Current Assets Total	0.98	0.89	0.88	0.94	0.97	0.96	0.88	0.96	0.27		0.89	0.27	0.81	0.57	0.88	0.9	0.95	0.95	0.92	0.91	0.57	0.41	0.99	0.59	0.62	0.63
Non Currrent Assets Other	0.9	0.81	0.76	0.8	0.92	0.86	0.69	0.88	0.38	0.89		0.38	0.65	0.36	0.79	0.81	0.91	0.93	0.81	0.95	0.62	0.28	0.88	0.45	0.42	0.43
Cash And Short Term Investments	0.44	0.58	0.27	0.24	0.38	0.25	-0.07	0.35	1.0	0.27	0.38		0.19	0.25	0.55	0.18	0.25	0.41	0.5	0.21	0.93	0.02	0.24	0.1	0.26	0.26
Net Receivables	0.81	0.65	0.91	0.89	0.79	0.84	0.65	0.81	0.19	0.81	0.65	0.19		0.89	0.73	0.96	0.88	0.7	0.78	0.68	0.54	0.18	0.77	0.88	0.85	0.85
Common Stock Shares Outstanding	0.6	0.48	0.75	0.71	0.57	0.65	0.39	0.61	0.25	0.57	0.36	0.25	0.89		0.56	0.78	0.65	0.47	0.61	0.4	0.53	0.13	0.52	0.83	0.95	0.95
Non Current Liabilities Total	0.93	0.98	0.85	0.82	0.84	0.78	0.78	0.81	0.55	0.88	0.79	0.55	0.73	0.56		0.76	0.82	0.82	0.99	0.69	0.76	0.23	0.89	0.61	0.62	0.63
Inventory	0.89	0.72	0.92	0.94	0.9	0.94	0.74	0.9	0.18	0.9	0.81	0.18	0.96	0.78	0.76		0.97	0.83	0.82	0.84	0.54	0.28	0.87	0.78	0.77	0.78
Other Current Assets	0.94	0.8	0.93	0.94	0.95	0.95	0.78	0.93	0.25	0.95	0.91	0.25	0.88	0.65	0.82	0.97		0.91	0.87	0.9	0.58	0.28	0.93	0.69	0.67	0.68
Other Stockholder Equity	0.96	0.86	0.78	0.88	0.99	0.95	0.73	0.97	0.41	0.95	0.93	0.41	0.7	0.47	0.82	0.83	0.91		0.86	0.94	0.66	0.47	0.92	0.41	0.52	0.54
Total Liab	0.96	0.98	0.89	0.88	0.88	0.84	0.81	0.85	0.5	0.92	0.81	0.5	0.78	0.61	0.99	0.82	0.87	0.86		0.75	0.74	0.3	0.93	0.64	0.66	0.67
Property Plant And Equipment Gross	0.88	0.73	0.71	0.84	0.94	0.93	0.73	0.92	0.21	0.91	0.95	0.21	0.68	0.4	0.69	0.84	0.9	0.94	0.75		0.48	0.46	0.87	0.41	0.44	0.45
Total Current Assets	0.71	0.77	0.59	0.56	0.65	0.56	0.22	0.64	0.93	0.57	0.62	0.93	0.54	0.53	0.76	0.54	0.58	0.66	0.74	0.48		0.11	0.53	0.4	0.53	0.53
Short Term Debt	0.37	0.34	0.14	0.52	0.41	0.47	0.4	0.46	0.02	0.41	0.28	0.02	0.18	0.13	0.23	0.28	0.28	0.47	0.3	0.46	0.11		0.38	-0.1	0.15	0.16
Intangible Assets	0.97	0.89	0.88	0.92	0.94	0.92	0.91	0.92	0.24	0.99	0.88	0.24	0.77	0.52	0.89	0.87	0.93	0.92	0.93	0.87	0.53	0.38		0.58	0.59	0.6
Accounts Payable	0.6	0.49	0.8	0.68	0.53	0.57	0.53	0.54	0.1	0.59	0.45	0.1	0.88	0.83	0.61	0.78	0.69	0.41	0.64	0.41	0.4	-0.1	0.58		0.86	0.86
Common Stock Total Equity	0.65	0.55	0.76	0.72	0.61	0.66	0.47	0.63	0.26	0.62	0.42	0.26	0.85	0.95	0.62	0.77	0.67	0.52	0.66	0.44	0.53	0.15	0.59	0.86		1.0
Common Stock	0.66	0.56	0.77	0.73	0.62	0.67	0.48	0.64	0.26	0.63	0.43	0.26	0.85	0.95	0.63	0.78	0.68	0.54	0.67	0.45	0.53	0.16	0.6	0.86	1.0

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Danaher Account Relationship Matchups

Danaher fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	62.1B	76.2B	83.2B	84.4B	84.5B	88.7B
Short Long Term Debt Total	21.7B	21.2B	22.2B	19.7B	19.5B	20.5B
Other Current Liab	2.5B	4.1B	4.0B	3.9B	3.2B	3.3B
Total Current Liabilities	4.9B	7.4B	8.1B	8.4B	8.3B	8.7B
Total Stockholder Equity	30.3B	39.8B	45.2B	50.1B	53.5B	56.2B
Property Plant And Equipment Net	2.3B	3.3B	3.8B	4.0B	4.6B	4.8B
Net Debt	1.8B	15.2B	19.6B	13.7B	13.7B	14.4B
Retained Earnings	24.2B	27.2B	32.8B	39.2B	41.1B	43.1B
Cash	19.9B	6.0B	2.6B	6.0B	5.9B	6.2B
Non Current Assets Total	36.5B	62.4B	71.5B	68.5B	70.6B	74.1B
Non Currrent Assets Other	1.7B	2.4B	3.7B	4.5B	3.6B	3.8B
Cash And Short Term Investments	19.9B	6.0B	2.6B	6.0B	5.9B	6.2B
Net Receivables	3.2B	4.0B	4.6B	4.9B	3.9B	4.1B
Common Stock Shares Outstanding	725.5M	718.7M	736.8M	737.1M	743.1M	669.1M
Liabilities And Stockholders Equity	62.1B	76.2B	83.2B	84.4B	84.5B	88.7B
Non Current Liabilities Total	26.9B	29.0B	29.9B	25.9B	22.7B	23.9B
Inventory	1.6B	2.3B	2.8B	3.1B	2.6B	2.7B
Other Current Assets	864.6M	1.4B	1.7B	1.9B	1.6B	1.6B
Other Stockholder Equity	7.6B	9.7B	10.1B	12.1B	14.2B	14.9B
Total Liab	31.8B	36.4B	38.0B	34.3B	31.0B	32.5B
Property Plant And Equipment Gross	2.3B	3.3B	7.3B	7.8B	8.4B	8.8B
Total Current Assets	25.6B	13.8B	11.6B	15.9B	13.9B	14.6B
Accumulated Other Comprehensive Income	(3.1B)	(368M)	(1.0B)	(2.9B)	(1.7B)	(1.7B)
Short Term Debt	212.4M	11M	8M	591M	1.9B	2.0B
Intangible Assets	9.7B	21.3B	22.8B	20.3B	20.7B	21.8B
Other Liab	4.7B	7.8B	7.7B	5.9B	6.8B	3.8B
Other Assets	923.4M	2.4B	3.7B	4.5B	5.1B	5.4B
Long Term Debt	21.5B	21.2B	22.2B	19.1B	16.7B	17.5B
Good Will	22.7B	35.4B	41.2B	39.8B	41.6B	43.7B
Property Plant Equipment	2.3B	3.3B	3.8B	4.0B	4.5B	4.8B
Current Deferred Revenue	687.8M	1.2B	1.6B	1.6B	1.5B	987.2M
Noncontrolling Interest In Consolidated Entity	11.3M	11M	10M	8M	7.2M	6.8M
Retained Earnings Total Equity	24.2B	27.2B	32.8B	39.2B	45.1B	47.3B

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Danaher Other Current Assets vs Inventory Analysis

Other Current Assets vs Inventory

Other Current Assets vs Inventory Correlation Analysis

Correlation Coefficient

Other Current Assets

Inventory

Danaher fundamental ratios Correlations

Danaher Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Danaher fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Additional Tools for Danaher Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Retained Earnings	+ 0.99	Total Stockholder Equity
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Intangible Assets	+ 0.99	Non Current Assets Total
Total Liab	+ 0.99	Non Current Liabilities Total

Accounts Payable	- 0.1	Short Term Debt
Cash And Short Term Investments	- 0.07	Net Debt
Cash	- 0.07	Net Debt