Shopify Cash Conversion Cycle from 2010 to 2026
| 307 Stock | EUR 106.88 2.30 2.20% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter 39.75037392 | Current Value 41.74 | Quarterly Volatility 40.96460087 |
Check Shopify financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shopify's main balance sheet or income statement drivers, such as Net Interest Income of 371.9 M, Interest Income of 371.9 M or Interest Expense of 1.7 M, as well as many indicators such as Price To Sales Ratio of 23.08, Dividend Yield of 0.0 or PTB Ratio of 9.8. Shopify financial statements analysis is a perfect complement when working with Shopify Valuation or Volatility modules.
Shopify | Cash Conversion Cycle |
The Cash Conversion Cycle trend for Shopify offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Shopify is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.
Latest Shopify's Cash Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of Shopify over the last few years. It is Shopify's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shopify's overall financial position and show how it may be relating to other accounts over time.
| Cash Conversion Cycle | 10 Years Trend |
|
Cash Conversion Cycle |
| Timeline |
Shopify Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | (14.89) | |
| Coefficient Of Variation | (275.11) | |
| Mean Deviation | 36.39 | |
| Median | (1.58) | |
| Standard Deviation | 40.96 | |
| Sample Variance | 1,678 | |
| Range | 106 | |
| R-Value | 0.96 | |
| Mean Square Error | 125.37 | |
| R-Squared | 0.93 | |
| Slope | 7.82 | |
| Total Sum of Squares | 26,850 |
Shopify Cash Conversion Cycle History
About Shopify Financial Statements
Shopify stakeholders use historical fundamental indicators, such as Shopify's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Shopify investors may analyze each financial statement separately, they are all interrelated. For example, changes in Shopify's assets and liabilities are reflected in the revenues and expenses on Shopify's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Shopify. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Cash Conversion Cycle | 39.75 | 41.74 |
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Check out the analysis of Shopify Correlation against competitors. For more detail on how to invest in Shopify Stock please use our How to Invest in Shopify guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.