Array Cash Conversion Cycle from 2010 to 2024

ARRY Stock  USD 7.02  0.39  5.88%   
Array Technologies Cash Conversion Cycle yearly trend continues to be fairly stable with very little volatility. Cash Conversion Cycle will likely drop to 81.26 in 2024. During the period from 2010 to 2024, Array Technologies Cash Conversion Cycle regression line of annual values had r-squared of  0.06 and arithmetic mean of  105.17. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
90.24981793
Current Value
81.26
Quarterly Volatility
21.7128536
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Array Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Array Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 52.1 M, Interest Expense of 34.4 M or Selling General Administrative of 151.6 M, as well as many indicators such as Price To Sales Ratio of 1.53, Dividend Yield of 0.007 or PTB Ratio of 4.36. Array financial statements analysis is a perfect complement when working with Array Technologies Valuation or Volatility modules.
  
Check out the analysis of Array Technologies Correlation against competitors.
For more information on how to buy Array Stock please use our How to Invest in Array Technologies guide.

Latest Array Technologies' Cash Conversion Cycle Growth Pattern

Below is the plot of the Cash Conversion Cycle of Array Technologies over the last few years. It is Array Technologies' Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Array Technologies' overall financial position and show how it may be relating to other accounts over time.
Cash Conversion Cycle10 Years Trend
Pretty Stable
   Cash Conversion Cycle   
       Timeline  

Array Cash Conversion Cycle Regression Statistics

Arithmetic Mean105.17
Geometric Mean103.02
Coefficient Of Variation20.64
Mean Deviation14.71
Median110.85
Standard Deviation21.71
Sample Variance471.45
Range94.8959
R-Value(0.25)
Mean Square Error475.79
R-Squared0.06
Significance0.37
Slope(1.22)
Total Sum of Squares6,600

Array Cash Conversion Cycle History

2024 81.26
2023 90.25
2022 110.9
2021 158.66
2020 75.06
2019 63.77

About Array Technologies Financial Statements

Array Technologies investors use historical fundamental indicators, such as Array Technologies' Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Array Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 90.25  81.26 

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Additional Tools for Array Stock Analysis

When running Array Technologies' price analysis, check to measure Array Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Array Technologies is operating at the current time. Most of Array Technologies' value examination focuses on studying past and present price action to predict the probability of Array Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array Technologies' price. Additionally, you may evaluate how the addition of Array Technologies to your portfolios can decrease your overall portfolio volatility.