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Arthur Weighted Average Shares vs Cost of Revenue Analysis

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AJG -- USA Stock  

Fiscal Quarter End: March 31, 2020  

Arthur J financial indicator trend analysis is way more than just evaluating Arthur J Gallagher prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Arthur J Gallagher is a good investment. Please check the relationship between Arthur J Weighted Average Shares and its Cost of Revenue accounts. Please continue to Trending Equities.

Weighted Average Shares vs Cost of Revenue

Accounts Relationship

Weighted Average Shares vs Cost of Revenue

Significance: Almost Identical Trend

Weighted Average Shares diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Arthur J Gallagher Weighted Average Shares account and Cost of Revenue

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Weighted Average Shares

The weighted average number of shares or units issued and outstanding that are used by the company to calculate earnings per basic share; determined based on the timing of issuance of shares or units in the period.

Cost of Revenue

Cost of revenue is found on arthur j gallagher income statement and represents the costs associated with goods and services arthur j provides. indirect cost, such as salaries, is not included. in other words, cost of revenue is the total cost incurred to obtain a sale. it is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. the aggregate cost of goods produced and sold and services rendered during the reporting period.