Dorman Other Current Assets vs Net Receivables Analysis

DORM Stock  USD 91.10  0.88  0.96%   
Dorman Products financial indicator trend analysis is much more than just examining Dorman Products latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dorman Products is a good investment. Please check the relationship between Dorman Products Other Current Assets and its Net Receivables accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.

Other Current Assets vs Net Receivables

Other Current Assets vs Net Receivables Correlation Analysis

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

Correlation Coefficient

0.41
Relationship DirectionPositive 
Relationship StrengthWeak

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.

Net Receivables

Most indicators from Dorman Products' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dorman Products 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 Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.At this time, Dorman Products' Selling General Administrative is very stable compared to the past year. As of the 22nd of May 2024, Tax Provision is likely to grow to about 33.4 M, while Enterprise Value Over EBITDA is likely to drop 8.02.
 2021 2022 2023 2024 (projected)
Gross Profit462.9M564.5M685.4M719.7M
Total Revenue1.3B1.7B1.9B2.0B

Dorman Products fundamental ratios Correlations

0.920.940.950.950.990.890.950.980.92-0.60.90.990.610.060.970.90.980.810.970.85-0.02-0.020.920.150.12
0.920.820.870.780.920.990.770.970.71-0.360.980.940.73-0.010.980.880.840.840.830.66-0.27-0.270.990.0-0.06
0.940.820.970.890.920.790.890.890.92-0.60.770.920.5-0.090.920.780.950.810.930.810.060.060.840.060.04
0.950.870.970.870.920.850.870.920.88-0.60.80.960.54-0.030.950.770.940.930.950.83-0.04-0.040.90.080.07
0.950.780.890.870.960.721.00.890.98-0.710.760.920.470.170.860.840.980.670.970.90.170.170.770.30.29
0.990.920.920.920.960.880.950.980.92-0.580.90.980.620.10.960.920.970.780.950.84-0.02-0.020.920.180.15
0.890.990.790.850.720.880.710.950.65-0.30.970.910.74-0.10.960.870.790.830.790.6-0.39-0.380.99-0.07-0.14
0.950.770.890.871.00.950.710.890.98-0.710.750.920.450.170.860.840.980.670.970.910.180.180.760.30.3
0.980.970.890.920.890.980.950.890.84-0.480.960.980.660.010.990.930.930.820.920.78-0.16-0.160.970.060.01
0.920.710.920.880.980.920.650.980.84-0.710.680.880.410.070.820.790.970.650.950.880.210.210.720.260.26
-0.6-0.36-0.6-0.6-0.71-0.58-0.3-0.71-0.48-0.71-0.3-0.6-0.14-0.26-0.48-0.31-0.69-0.48-0.69-0.77-0.39-0.39-0.34-0.48-0.52
0.90.980.770.80.760.90.970.750.960.68-0.30.90.75-0.030.950.910.810.720.780.6-0.27-0.270.96-0.01-0.09
0.990.940.920.960.920.980.910.920.980.88-0.60.90.640.040.980.860.960.870.960.84-0.1-0.090.940.160.13
0.610.730.50.540.470.620.740.450.660.41-0.140.750.64-0.010.680.620.540.540.50.2-0.38-0.380.720.210.12
0.06-0.01-0.09-0.030.170.1-0.10.170.010.07-0.26-0.030.04-0.01-0.030.030.1-0.030.10.140.470.47-0.050.610.65
0.970.980.920.950.860.960.960.860.990.82-0.480.950.980.68-0.030.880.920.870.910.76-0.16-0.160.980.03-0.01
0.90.880.780.770.840.920.870.840.930.79-0.310.910.860.620.030.880.830.610.820.64-0.19-0.190.890.07-0.01
0.980.840.950.940.980.970.790.980.930.97-0.690.810.960.540.10.920.830.780.980.890.120.130.840.240.23
0.810.840.810.930.670.780.830.670.820.65-0.480.720.870.54-0.030.870.610.780.820.7-0.21-0.210.86-0.01-0.01
0.970.830.930.950.970.950.790.970.920.95-0.690.780.960.50.10.910.820.980.820.910.060.060.840.240.23
0.850.660.810.830.90.840.60.910.780.88-0.770.60.840.20.140.760.640.890.70.910.220.220.650.190.25
-0.02-0.270.06-0.040.17-0.02-0.390.18-0.160.21-0.39-0.27-0.1-0.380.47-0.16-0.190.12-0.210.060.221.0-0.320.330.42
-0.02-0.270.06-0.040.17-0.02-0.380.18-0.160.21-0.39-0.27-0.09-0.380.47-0.16-0.190.13-0.210.060.221.0-0.320.330.42
0.920.990.840.90.770.920.990.760.970.72-0.340.960.940.72-0.050.980.890.840.860.840.65-0.32-0.32-0.03-0.1
0.150.00.060.080.30.18-0.070.30.060.26-0.48-0.010.160.210.610.030.070.24-0.010.240.190.330.33-0.030.98
0.12-0.060.040.070.290.15-0.140.30.010.26-0.52-0.090.130.120.65-0.01-0.010.23-0.010.230.250.420.42-0.10.98
Click cells to compare fundamentals

Dorman Products Account Relationship Matchups

Dorman Products fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.0B1.2B1.7B2.3B2.3B2.4B
Other Current Liab130.1M204.8M248.3M246.6M245.2M257.4M
Total Current Liabilities220.5M322.6M665.0M678.3M547.2M574.5M
Total Stockholder Equity773.6M853.6M932.7M1.0B1.2B1.2B
Property Plant And Equipment Net134.0M130.0M173.9M258.5M263.6M276.8M
Net Debt(38.6M)(118.5M)233.0M786.5M647.0M679.3M
Retained Earnings720.7M789.2M856.4M956.9M1.1B1.1B
Non Current Assets Total286.5M297.7M596.5M1.1B1.1B1.1B
Net Receivables391.8M460.9M472.8M427.4M526.9M553.2M
Common Stock Shares Outstanding32.7M32.4M32.0M31.5M31.5M37.2M
Liabilities And Stockholders Equity1.0B1.2B1.7B2.3B2.3B2.4B
Non Current Liabilities Total47.0M44.5M75.3M620.9M577.1M605.9M
Inventory280.8M298.7M532.0M755.9M637.4M669.2M
Other Current Assets13.6M7.8M13.0M39.8M32.7M34.3M
Other Stockholder Equity52.6M64.1M77.5M88.8M101.0M56.9M
Total Liab267.5M367.1M740.4M1.3B1.1B1.2B
Property Plant And Equipment Gross134.0M91.0M173.9M258.5M504.2M529.4M
Total Current Assets754.6M922.9M1.1B1.3B1.2B1.3B
Accounts Payable90.4M117.9M177.4M179.8M176.7M185.5M
Non Currrent Assets Other33.0M30.5M46.5M48.8M38.9M40.8M
Cash68.4M155.6M58.8M46.0M36.8M35.7M
Cash And Short Term Investments68.4M155.6M58.8M46.0M36.8M36.0M
Intangible Assets21.3M25.2M178.8M322.4M301.6M316.6M
Common Stock Total Equity326K322K316K314K361.1K250.6K
Common Stock326K322K316K314K313K240.1K
Good Will74.5M91.1M197.3M443.0M443.9M466.1M
Other Assets37.4M90.4M46.5M39.4M45.3M47.5M
Property Plant Equipment134.0M91.0M173.9M148.5M170.7M179.3M
Other Liab17.3M7.4M22.9M40.2M46.2M48.5M
Net Tangible Assets677.8M774.4M556.6M375.4M431.7M553.0M
Capital Surpluse52.6M64.1M77.5M88.8M102.1M57.5M
Non Current Liabilities Other13.3M3.6M4.9M28.3M9.6M9.8M

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When determining whether Dorman Products is a strong investment it is important to analyze Dorman Products' 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 Dorman Products' future performance. For an informed investment choice regarding Dorman Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dorman Products. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Dorman Stock, please use our How to Invest in Dorman Products guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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Is Dorman Products' industry 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 Dorman Products. If investors know Dorman 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 Dorman Products 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
4.833
Earnings Share
4.97
Revenue Per Share
61.558
Quarterly Revenue Growth
0.004
Return On Assets
0.0827
The market value of Dorman Products is measured differently than its book value, which is the value of Dorman that is recorded on the company's balance sheet. Investors also form their own opinion of Dorman Products' value that differs from its market value or its book value, called intrinsic value, which is Dorman Products' 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 Dorman Products' market value can be influenced by many factors that don't directly affect Dorman Products' 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 Dorman Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dorman Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dorman Products' 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.