Working capital / assets moved 1245 bp lower
Working capital / assets changed -1245 basis points from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
4.53%→-7.93%4 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →CPNG financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Short-term borrowings increased 152.9%
Short-term borrowings changed +152.9% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$785.0M→$2.0B4 prior comparisons
Operating margin moved 803 bp lower
Operating margin changed -803 basis points from the comparable as-filed period.
1.75%→-6.28%2 prior comparisons
Free-cash-flow proxy decreased 79.7%
Free-cash-flow proxy changed -79.7% from the comparable as-filed period.
$246.0M→$50.0M3 prior comparisons
Working capital changed across a sign change
Working capital changed -270.9% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes. Relative percentage is de-emphasized because the comparison has a sign change.
$807.0M→-$1.4B4 prior comparisons
Operating cash flow decreased 32.7%
Operating cash flow changed -32.7% from the comparable as-filed period.
$545.0M→$367.0M3 prior comparisons
Current ratio decreased 19.9%
Current ratio changed -19.9% from the comparable as-filed period. The change ranks at the 100th percentile of 4 prior comparable changes.
1.09→0.874 prior comparisons
Gross margin moved 188 bp lower
Gross margin changed -188 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
30.04%→28.16%2 prior comparisons
Inventory / revenue moved 347 bp lower
Inventory / revenue changed -347 basis points from the comparable as-filed period.
26.81%→23.34%2 prior comparisons
Trade receivables decreased 27.3%
Trade receivables changed -27.3% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$499.0M→$363.0M4 prior comparisons
Stock-based compensation increased 42.5%
Stock-based compensation changed +42.5% from the comparable as-filed period.
$113.0M→$161.0M3 prior comparisons
Cash & equivalents decreased 10.1%
Cash & equivalents changed -10.1% from the comparable as-filed period. This reverses 3 consecutive comparable moves in the opposite direction.
$6.8B→$6.1B3 prior comparisons
Operating income changed across a sign change
Operating income changed -473.2% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$149.0M→-$556.0M2 prior comparisons
Current assets decreased 9.0%
Current assets changed -9.0% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes. This reverses 4 consecutive comparable moves in the opposite direction.
$10.2B→$9.3B4 prior comparisons
Revenue increased 3.9%
Revenue changed +3.9% from the comparable as-filed period.
$8.5B→$8.9B2 prior comparisons
Current liabilities increased 13.6%
Current liabilities changed +13.6% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$9.4B→$10.6B4 prior comparisons
Free-cash-flow margin moved 232 bp lower
Free-cash-flow margin changed -232 basis points from the comparable as-filed period.
2.89%→0.56%2 prior comparisons
Operating cash-flow margin moved 225 bp lower
Operating cash-flow margin changed -225 basis points from the comparable as-filed period.
6.39%→4.14%2 prior comparisons
Net income changed across a sign change
Net income changed -1881.2% from the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a sign change.
$32.0M→-$570.0M2 prior comparisons
Receivables / revenue moved 176 bp lower
Receivables / revenue changed -176 basis points from the comparable as-filed period.
5.85%→4.10%2 prior comparisons
Total assets decreased 2.5%
Total assets changed -2.5% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 4 consecutive comparable moves in the opposite direction.
$17.8B→$17.4B4 prior comparisons
Cost of revenue increased 6.7%
Cost of revenue changed +6.7% from the comparable as-filed period.
$6.0B→$6.4B2 prior comparisons
Inventory decreased 9.5%
Inventory changed -9.5% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$2.3B→$2.1B4 prior comparisons
Capex / revenue moved 7 bp higher
Capex / revenue changed +7 basis points from the comparable as-filed period.
3.51%→3.58%2 prior comparisons
SBC / revenue moved 49 bp higher
SBC / revenue changed +49 basis points from the comparable as-filed period.
1.33%→1.82%2 prior comparisons
Capital expenditure increased 6.0%
Capital expenditure changed +6.0% from the comparable as-filed period.
$299.0M→$317.0M3 prior comparisons
Gross profit decreased 2.6%
Gross profit changed -2.6% from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
$2.6B→$2.5B2 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.