Sysco Inventory Turnover vs Asset Turnover Analysis

SYY Stock  USD 75.64  0.20  0.27%   
Sysco financial indicator trend analysis is much more than just breaking down Sysco prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sysco is a good investment. Please check the relationship between Sysco Inventory Turnover and its Asset Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.

Inventory Turnover vs Asset Turnover

Inventory Turnover vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sysco Inventory Turnover account and Asset Turnover. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Sysco's Inventory Turnover and Asset Turnover is -0.7. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Sysco, assuming nothing else is changed. The correlation between historical values of Sysco's Inventory Turnover and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Sysco are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Inventory Turnover i.e., Sysco's Inventory Turnover and Asset Turnover go up and down completely randomly.

Correlation Coefficient

-0.7
Relationship DirectionNegative 
Relationship StrengthWeak

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.
Most indicators from Sysco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sysco 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.Enterprise Value is likely to rise to about 45.7 B in 2024, whereas Selling General Administrative is likely to drop slightly above 5.9 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue68.6B76.3B87.8B92.2B
Depreciation And Amortization912.3M888.7M1.0B1.1B

Sysco fundamental ratios Correlations

0.930.950.93-0.160.960.890.940.260.960.650.260.9-0.910.910.950.9-0.880.980.950.110.910.570.730.770.73
0.930.850.83-0.460.820.90.780.40.880.530.40.71-0.890.960.830.87-0.890.970.90.110.820.670.520.680.52
0.950.850.91-0.220.930.920.890.020.970.550.020.94-0.90.860.980.95-0.820.940.84-0.020.980.60.590.680.59
0.930.830.91-0.090.870.80.830.240.870.630.240.86-0.780.740.90.84-0.740.890.90.360.870.510.620.670.62
-0.16-0.46-0.22-0.090.0-0.510.060.01-0.240.110.010.00.4-0.5-0.16-0.430.4-0.37-0.050.31-0.28-0.650.4-0.020.4
0.960.820.930.870.00.850.980.090.960.690.090.95-0.880.840.960.87-0.840.910.88-0.010.910.50.80.780.8
0.890.90.920.8-0.510.850.81-0.020.960.54-0.020.84-0.960.950.910.97-0.920.950.74-0.180.940.80.470.660.47
0.940.780.890.830.060.980.810.10.940.710.10.94-0.860.80.920.82-0.850.870.860.010.870.50.850.790.85
0.260.40.020.240.010.09-0.020.10.010.11.0-0.13-0.040.21-0.02-0.05-0.120.240.520.66-0.11-0.130.210.170.21
0.960.880.970.87-0.240.960.960.940.010.650.010.94-0.950.910.970.95-0.910.960.83-0.090.970.690.670.750.67
0.650.530.550.630.110.690.540.710.10.650.10.62-0.670.50.630.58-0.680.590.60.160.580.440.760.820.76
0.260.40.020.240.010.09-0.020.11.00.010.1-0.13-0.040.21-0.02-0.05-0.120.240.520.66-0.11-0.130.210.170.21
0.90.710.940.860.00.950.840.94-0.130.940.62-0.13-0.840.760.970.88-0.780.850.77-0.080.950.540.720.710.72
-0.91-0.89-0.9-0.780.4-0.88-0.96-0.86-0.04-0.95-0.67-0.04-0.84-0.94-0.9-0.940.94-0.94-0.770.16-0.91-0.79-0.62-0.82-0.62
0.910.960.860.74-0.50.840.950.80.210.910.50.210.76-0.940.850.91-0.930.960.81-0.160.860.720.520.680.52
0.950.830.980.9-0.160.960.910.92-0.020.970.63-0.020.97-0.90.850.95-0.840.930.84-0.060.980.570.660.720.66
0.90.870.950.84-0.430.870.970.82-0.050.950.58-0.050.88-0.940.910.95-0.880.940.76-0.150.970.690.480.660.48
-0.88-0.89-0.82-0.740.4-0.84-0.92-0.85-0.12-0.91-0.68-0.12-0.780.94-0.93-0.84-0.88-0.92-0.760.13-0.84-0.8-0.64-0.8-0.64
0.980.970.940.89-0.370.910.950.870.240.960.590.240.85-0.940.960.930.94-0.920.90.030.920.680.590.720.59
0.950.90.840.9-0.050.880.740.860.520.830.60.520.77-0.770.810.840.76-0.760.90.340.770.390.720.710.72
0.110.11-0.020.360.31-0.01-0.180.010.66-0.090.160.66-0.080.16-0.16-0.06-0.150.130.030.34-0.13-0.20.140.030.14
0.910.820.980.87-0.280.910.940.87-0.110.970.58-0.110.95-0.910.860.980.97-0.840.920.77-0.130.650.560.670.56
0.570.670.60.51-0.650.50.80.5-0.130.690.44-0.130.54-0.790.720.570.69-0.80.680.39-0.20.650.30.60.29
0.730.520.590.620.40.80.470.850.210.670.760.210.72-0.620.520.660.48-0.640.590.720.140.560.30.851.0
0.770.680.680.67-0.020.780.660.790.170.750.820.170.71-0.820.680.720.66-0.80.720.710.030.670.60.850.85
0.730.520.590.620.40.80.470.850.210.670.760.210.72-0.620.520.660.48-0.640.590.720.140.560.291.00.85
Click cells to compare fundamentals

Sysco Account Relationship Matchups

Sysco fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets22.6B21.4B22.1B22.8B26.2B27.6B
Short Long Term Debt Total15.1B11.8B11.4B11.2B12.8B13.5B
Other Current Liab1.6B1.8B1.9B2.4B2.7B2.8B
Total Current Liabilities6.7B7.3B8.8B8.5B9.8B10.3B
Total Stockholder Equity1.2B1.6B1.4B2.0B2.3B2.5B
Property Plant And Equipment Net5.1B5.0B5.2B5.6B6.5B6.8B
Net Debt9.0B8.8B10.5B10.4B12.0B12.6B
Retained Earnings10.6B10.2B10.5B11.3B13.0B13.7B
Cash6.1B3.0B867.1M745.2M857.0M836.1M
Non Current Assets Total10.3B10.7B11.6B12.2B14.0B14.7B
Non Currrent Assets Other384.4M528.8M485.9M419.3M482.2M317.1M
Cash And Short Term Investments6.1B3.0B867.1M745.2M857.0M836.8M
Net Receivables3.0B3.8B4.9B5.1B5.9B6.2B
Common Stock Shares Outstanding514.0M513.6M514.0M509.7M458.7M507.7M
Liabilities And Stockholders Equity22.6B21.4B22.1B22.8B26.2B27.6B
Non Current Liabilities Total14.7B12.5B11.9B12.2B14.1B14.8B
Inventory3.1B3.7B4.4B4.5B5.2B5.4B
Other Current Assets192.2M241.0M303.8M284.6M327.3M343.6M
Other Stockholder Equity(8.5B)(8.2B)(8.4B)(8.8B)(7.9B)(7.5B)
Total Liab21.4B19.8B20.7B20.8B23.9B25.1B
Total Current Assets12.3B10.7B10.5B10.6B12.2B12.8B
Short Term Debt1.7B597.6M686.3M161.6M185.8M360.7M
Accounts Payable3.4B4.9B5.8B6.0B6.9B7.3B
Intangible Assets780.2M746.1M952.7M859.5M988.5M519.1M
Property Plant And Equipment Gross5.1B5.0B5.2B5.6B6.5B3.3B
Accumulated Other Comprehensive Income(1.7B)(1.1B)(1.5B)(1.3B)(1.1B)(1.2B)
Long Term Debt12.8B10.6B10.1B10.3B11.9B12.5B
Good Will3.7B3.9B4.5B4.6B5.3B5.6B
Treasury Stock(9.3B)(10.0B)(9.8B)(10.2B)(9.2B)(8.7B)
Property Plant Equipment5.1B5.0B5.2B5.6B6.5B3.8B
Current Deferred Revenue56.8M80.8M194.1M393.3M354.0M231.4M
Other Liab1.2B1.3B1.3B1.2B1.4B965.2M
Net Tangible Assets(3.4B)(3.1B)(4.1B)(3.5B)(3.1B)(3.0B)
Retained Earnings Total Equity10.6B10.2B10.5B11.3B13.0B10.3B
Long Term Debt Total12.9B10.6B10.1B10.3B11.9B7.0B
Capital Surpluse1.5B1.6B1.8B1.8B2.1B1.4B

Currently Active Assets on Macroaxis

When determining whether Sysco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sysco'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 Sysco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sysco Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Sysco's price analysis, check to measure Sysco'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 Sysco is operating at the current time. Most of Sysco's value examination focuses on studying past and present price action to predict the probability of Sysco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sysco's price. Additionally, you may evaluate how the addition of Sysco to your portfolios can decrease your overall portfolio volatility.
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Is Sysco's 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 Sysco. If investors know Sysco 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 Sysco 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
1.948
Dividend Share
1.99
Earnings Share
4.09
Revenue Per Share
153.209
Quarterly Revenue Growth
0.037
The market value of Sysco is measured differently than its book value, which is the value of Sysco that is recorded on the company's balance sheet. Investors also form their own opinion of Sysco's value that differs from its market value or its book value, called intrinsic value, which is Sysco'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 Sysco's market value can be influenced by many factors that don't directly affect Sysco'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 Sysco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sysco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sysco'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.