Kraft Accrued Expenses Turnover Trend from 2010 to 2020

<div class='circular--portrait' style='background:#FF9E01;color: white;font-size:3em;padding-top: 40px;;'>KHC</div>
KHC -- USA Stock  

Potential Growth

Kraft Heinz Accrued Expenses Turnover is increasing over the years with slightly volatile fluctuation. Ongoing Accrued Expenses Turnover is expected to grow to 15.51 this year. From 2010 to 2020 Kraft Heinz Accrued Expenses Turnover quarterly data regression line had arithmetic mean of 15.20 and r-squared of  0.30. Kraft Heinz Consolidated Income is expected to significantly increase based on the last few years of reporting. The last year's Consolidated Income was at 3.61 Billion. The current year Cost of Revenue is expected to grow to about 17.6 B, whereas Direct Expenses is expected to decline to about 14.5 B. Check Kraft Heinz fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 14.5 B, Consolidated Income of 3.9 B or Cost of Revenue of 17.6 B, as well as many exotic indicators such as Interest Coverage of 4.32, Long Term Debt to Equity of 0.5945 or Calculated Tax Rate of 29.67. This can be a perfect complement to check Kraft Heinz Valuation or Volatility. It can also complement various Kraft Heinz Technical models. Please see the analysis of Kraft Heinz Correlation with competitors.

Kraft Accrued Expenses Turnover Marginal Breakdown

Showing smoothed Accrued Expenses Turnover of The Kraft Heinz Company with missing and latest data points interpolated.
Accrued Expenses Turnover10 Years Trend
Slightly volatile
 Accrued Expenses Turnover 

Kraft Accrued Expenses Turnover Regression Statistics

Arithmetic Mean 15.20
Geometric Mean 14.80
Coefficient Of Variation 26.67
Mean Deviation 2.96
Median 12.77
Standard Deviation 4.05
Sample Variance 16.43
Range 10.41
R-Value 0.55
Mean Square Error 12.76
R-Squared 0.30
Significance 0.08
Slope 0.67
Total Sum of Squares 164.31

Kraft Accrued Expenses Turnover Over Time

2016  14.37 
2017  23.18 
2020  15.51 

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Kraft Heinz Fundamental Drivers

The Kraft Heinz Company Fundamental Market Drivers

Short Percent Of Float2.56%
Forward Price Earnings11.80
Shares Short Prior Month13.62M
Average Daily Volume Last 10 Day15.46M
Average Daily Volume In Three Month7.21M
Date Short InterestJanuary 31, 2020
Fifty Day Average29.96
Two Hundred Day Average29.33

Kraft Heinz Upcoming Events

Kraft Heinz Upcoming Company Events

Upcoming Quarterly Earning ReportMay 14, 2020
Next Earnings ReportAugust 13, 2020
Next Fiscal Quarter EndMarch 31, 2020
Next Fiscal Year EndFebruary 11, 2021
Last Quarter Report DateDecember 31, 2019
Last Earning Anouncement DateMarch 31, 2019
Please see the analysis of Kraft Heinz Correlation with competitors. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.