AMCON Total Revenue vs Gross Profit Analysis

DIT Stock

USD 135.01 2.02 1.47%

AMCON Distributing financial indicator trend analysis is way more than just evaluating AMCON Distributing prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AMCON Distributing is a good investment. Please check the relationship between AMCON Distributing Total Revenue and its Gross Profit accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AMCON Distributing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.

Total Revenue vs Gross Profit

Total Revenue vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AMCON Distributing Total Revenue account and Gross Profit. At this time, the significance of the direction appears to have totally related.

The correlation between AMCON Distributing's Total Revenue and Gross Profit is 0.99. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Gross Profit in the same time period over historical financial statements of AMCON Distributing, assuming nothing else is changed. The correlation between historical values of AMCON Distributing's Total Revenue and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of AMCON Distributing are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Total Revenue i.e., AMCON Distributing's Total Revenue and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.99

Relationship Direction	Positive
Relationship Strength	Very Strong

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Total Revenue

Total revenue comprises all receipts AMCON Distributing generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of AMCON Distributing minus its cost of goods sold. It is profit before AMCON Distributing operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from AMCON Distributing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AMCON Distributing 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 AMCON Distributing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy AMCON Stock please use our How to Invest in AMCON Distributing guide.At this time, AMCON Distributing's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 3.9 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop 5.68 in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	127.7M	170.8M	182.4M	191.5M
Total Revenue	2.0B	2.5B	2.7B	2.8B

Gross Profit Total Revenue

AMCON Distributing 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	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Cash	Other Liab
Total Assets		0.98	0.99	0.99	0.94	0.97	0.98	0.95	0.98	0.97	0.63	0.58	0.97	-0.16	0.82	0.98	0.96	0.85	0.2	0.99	0.97	0.99	0.94	0.78	-0.11	0.49
Short Long Term Debt Total	0.98		0.96	0.96	0.86	0.96	1.0	0.9	0.95	0.96	0.71	0.57	0.93	-0.31	0.87	1.0	0.95	0.8	0.22	0.99	0.96	0.96	0.94	0.81	0.03	0.45
Other Current Liab	0.99	0.96		0.99	0.96	0.94	0.95	0.97	0.98	0.95	0.6	0.58	0.97	-0.11	0.81	0.96	0.96	0.87	0.19	0.98	0.94	0.99	0.92	0.78	-0.19	0.51
Total Current Liabilities	0.99	0.96	0.99		0.94	0.97	0.96	0.93	1.0	0.98	0.64	0.54	0.97	-0.11	0.79	0.96	0.92	0.86	0.15	0.98	0.97	0.96	0.96	0.75	-0.13	0.45
Total Stockholder Equity	0.94	0.86	0.96	0.94		0.87	0.86	0.98	0.94	0.88	0.39	0.6	0.93	0.09	0.7	0.87	0.92	0.82	0.22	0.9	0.86	0.95	0.83	0.68	-0.38	0.58
Property Plant And Equipment Net	0.97	0.96	0.94	0.97	0.87		0.96	0.86	0.98	1.0	0.7	0.49	0.95	-0.19	0.77	0.97	0.87	0.83	0.17	0.98	1.0	0.92	0.95	0.7	0.02	0.39
Net Debt	0.98	1.0	0.95	0.96	0.86	0.96		0.9	0.95	0.96	0.71	0.56	0.93	-0.31	0.87	1.0	0.95	0.8	0.22	0.99	0.96	0.96	0.94	0.81	0.03	0.45
Retained Earnings	0.95	0.9	0.97	0.93	0.98	0.86	0.9		0.92	0.87	0.4	0.65	0.9	-0.07	0.81	0.89	0.97	0.79	0.27	0.91	0.85	0.97	0.86	0.8	-0.3	0.61
Accounts Payable	0.98	0.95	0.98	1.0	0.94	0.98	0.95	0.92		0.98	0.63	0.53	0.97	-0.08	0.76	0.95	0.91	0.88	0.15	0.97	0.98	0.95	0.94	0.72	-0.13	0.45
Non Current Assets Total	0.97	0.96	0.95	0.98	0.88	1.0	0.96	0.87	0.98		0.67	0.52	0.95	-0.16	0.77	0.96	0.87	0.82	0.16	0.98	0.99	0.92	0.96	0.7	-0.01	0.4
Non Currrent Assets Other	0.63	0.71	0.6	0.64	0.39	0.7	0.71	0.4	0.63	0.67		0.1	0.65	-0.43	0.52	0.71	0.54	0.54	-0.04	0.7	0.73	0.59	0.67	0.44	0.35	-0.02
Cash And Short Term Investments	0.58	0.57	0.58	0.54	0.6	0.49	0.56	0.65	0.53	0.52	0.1		0.54	-0.09	0.48	0.57	0.62	0.51	-0.06	0.56	0.47	0.61	0.51	0.53	0.04	0.52
Net Receivables	0.97	0.93	0.97	0.97	0.93	0.95	0.93	0.9	0.97	0.95	0.65	0.54		-0.03	0.7	0.94	0.89	0.89	0.11	0.96	0.95	0.95	0.89	0.64	-0.16	0.42
Common Stock Shares Outstanding	-0.16	-0.31	-0.11	-0.11	0.09	-0.19	-0.31	-0.07	-0.08	-0.16	-0.43	-0.09	-0.03		-0.49	-0.28	-0.23	0.08	-0.41	-0.23	-0.19	-0.15	-0.3	-0.45	-0.74	-0.13
Short Term Investments	0.82	0.87	0.81	0.79	0.7	0.77	0.87	0.81	0.76	0.77	0.52	0.48	0.7	-0.49		0.85	0.87	0.59	0.25	0.84	0.75	0.83	0.85	0.89	0.0	0.45
Non Current Liabilities Total	0.98	1.0	0.96	0.96	0.87	0.97	1.0	0.89	0.95	0.96	0.71	0.57	0.94	-0.28	0.85		0.95	0.82	0.2	1.0	0.96	0.97	0.93	0.79	0.02	0.44
Inventory	0.96	0.95	0.96	0.92	0.92	0.87	0.95	0.97	0.91	0.87	0.54	0.62	0.89	-0.23	0.87	0.95		0.77	0.28	0.95	0.86	0.99	0.86	0.86	-0.17	0.58
Other Current Assets	0.85	0.8	0.87	0.86	0.82	0.83	0.8	0.79	0.88	0.82	0.54	0.51	0.89	0.08	0.59	0.82	0.77		-0.08	0.84	0.85	0.84	0.73	0.54	-0.17	0.23
Other Stockholder Equity	0.2	0.22	0.19	0.15	0.22	0.17	0.22	0.27	0.15	0.16	-0.04	-0.06	0.11	-0.41	0.25	0.2	0.28	-0.08		0.18	0.17	0.22	0.17	0.28	0.05	0.39
Total Liab	0.99	0.99	0.98	0.98	0.9	0.98	0.99	0.91	0.97	0.98	0.7	0.56	0.96	-0.23	0.84	1.0	0.95	0.84	0.18		0.97	0.97	0.95	0.79	-0.03	0.45
Property Plant And Equipment Gross	0.97	0.96	0.94	0.97	0.86	1.0	0.96	0.85	0.98	0.99	0.73	0.47	0.95	-0.19	0.75	0.96	0.86	0.85	0.17	0.97		0.92	0.94	0.68	0.04	0.38
Total Current Assets	0.99	0.96	0.99	0.96	0.95	0.92	0.96	0.97	0.95	0.92	0.59	0.61	0.95	-0.15	0.83	0.97	0.99	0.84	0.22	0.97	0.92		0.89	0.8	-0.18	0.53
Short Term Debt	0.94	0.94	0.92	0.96	0.83	0.95	0.94	0.86	0.94	0.96	0.67	0.51	0.89	-0.3	0.85	0.93	0.86	0.73	0.17	0.95	0.94	0.89		0.77	0.05	0.41
Current Deferred Revenue	0.78	0.81	0.78	0.75	0.68	0.7	0.81	0.8	0.72	0.7	0.44	0.53	0.64	-0.45	0.89	0.79	0.86	0.54	0.28	0.79	0.68	0.8	0.77		-0.01	0.44
Cash	-0.11	0.03	-0.19	-0.13	-0.38	0.02	0.03	-0.3	-0.13	-0.01	0.35	0.04	-0.16	-0.74	0.0	0.02	-0.17	-0.17	0.05	-0.03	0.04	-0.18	0.05	-0.01		-0.13
Other Liab	0.49	0.45	0.51	0.45	0.58	0.39	0.45	0.61	0.45	0.4	-0.02	0.52	0.42	-0.13	0.45	0.44	0.58	0.23	0.39	0.45	0.38	0.53	0.41	0.44	-0.13

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AMCON Distributing Account Relationship Matchups

AMCON Distributing fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	188.0M	188.4M	289.1M	363.4M	374.1M	392.8M
Short Long Term Debt Total	84.7M	67.4M	120.5M	177.5M	168.8M	177.3M
Other Current Liab	13.6M	16.0M	24.0M	25.5M	26.5M	27.8M
Total Current Liabilities	41.9M	47.1M	72.0M	76.6M	93.2M	97.9M
Total Stockholder Equity	64.8M	77.6M	92.8M	104.2M	111.7M	117.3M
Property Plant And Equipment Net	36.4M	33.9M	68.0M	103.8M	131.6M	138.1M
Net Debt	84.1M	66.9M	120.1M	176.7M	168.2M	176.6M
Retained Earnings	71.4M	83.6M	96.8M	104.8M	108.6M	114.0M
Accounts Payable	22.1M	24.2M	40.0M	43.1M	54.5M	57.2M
Non Current Assets Total	52.0M	51.8M	78.1M	117.8M	145.0M	152.3M
Non Currrent Assets Other	383.8K	334.8K	3.0M	2.9M	3.0M	2.3M
Cash And Short Term Investments	661.2K	519.6K	431.6K	790.9K	672.8K	431.2K
Net Receivables	34.3M	35.8M	63.2M	72.7M	70.7M	74.2M
Common Stock Shares Outstanding	568.0K	568.1K	583.1K	595.9K	606.8K	685.9K
Liabilities And Stockholders Equity	188.0M	188.4M	289.1M	363.4M	374.1M	392.8M
Non Current Liabilities Total	81.3M	63.7M	124.3M	182.6M	169.1M	177.6M
Inventory	99.0M	95.2M	134.7M	158.6M	144.3M	151.5M
Other Current Assets	2.1M	5.0M	12.7M	13.6M	13.5M	14.2M
Other Stockholder Equity	(6.6M)	(5.9M)	(4.0M)	(686.8K)	3.2M	3.3M
Total Liab	123.2M	110.8M	196.3M	259.3M	262.4M	275.5M
Property Plant And Equipment Gross	36.4M	33.9M	101.6M	144.0M	179.4M	188.3M
Total Current Assets	136.0M	136.6M	211.0M	245.7M	229.1M	240.5M
Short Term Debt	6.1M	6.1M	8.0M	8.0M	12.2M	12.9M
Cash	661.2K	519.6K	431.6K	790.9K	672.8K	456.4K
Other Liab	1.9M	2.7M	2.3M	2.4M	2.8M	2.4M
Other Assets	3.9M	3.7M	2.8M	(374.1T)	(336.7T)	(319.9T)
Long Term Debt	62.0M	48.7M	98.6M	152.1M	137.8M	144.7M
Common Stock Total Equity	8.4K	8.6K	8.7K	9.2K	8.3K	8.3K
Common Stock	8.7K	8.8K	9.2K	9.4K	9.6K	8.6K
Property Plant Equipment	17.7M	17.5M	33.9M	68.0M	78.2M	82.1M
Net Tangible Assets	58.9M	76.5M	72.7M	85.5M	98.3M	62.8M
Retained Earnings Total Equity	63.8M	66.4M	71.4M	96.8M	111.3M	63.3M
Long Term Debt Total	60.4M	62.0M	48.7M	91.3M	105.0M	110.2M
Capital Surpluse	23.2M	24.3M	24.9M	26.9M	30.9M	20.6M

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