BEST Cash Conversion Cycle from 2010 to 2024

BEST Stock  USD 2.66  0.02  0.75%   
BEST Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to -31.95 in 2024. From the period from 2010 to 2024, BEST Cash Conversion Cycle quarterly data regression had mean square error of  182.60 and mean deviation of  13.25. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
(30.43)
Current Value
(31.95)
Quarterly Volatility
16.28639647
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BEST financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BEST's main balance sheet or income statement drivers, such as Depreciation And Amortization of 246.7 M, Interest Expense of 78.3 M or Selling General Administrative of 876.1 M, as well as many indicators such as Price To Sales Ratio of 0.0387, Dividend Yield of 0.0 or Days Sales Outstanding of 23.52. BEST financial statements analysis is a perfect complement when working with BEST Valuation or Volatility modules.
  
Check out the analysis of BEST Correlation against competitors.

Latest BEST's Cash Conversion Cycle Growth Pattern

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

BEST Cash Conversion Cycle Regression Statistics

Arithmetic Mean(27.42)
Coefficient Of Variation(59.39)
Mean Deviation13.25
Median(31.95)
Standard Deviation16.29
Sample Variance265.25
Range46.3792
R-Value0.60
Mean Square Error182.60
R-Squared0.36
Significance0.02
Slope2.19
Total Sum of Squares3,713

BEST Cash Conversion Cycle History

2024 -31.95
2023 -30.43
2022 -24.39
2021 5.07
2020 4.25
2019 -15.4
2018 -12.92

About BEST Financial Statements

BEST shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although BEST investors may analyze each financial statement separately, they are all interrelated. The changes in BEST's assets and liabilities, for example, are also reflected in the revenues and expenses on on BEST's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Conversion Cycle(30.43)(31.95)

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Additional Tools for BEST Stock Analysis

When running BEST's price analysis, check to measure BEST's 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 BEST is operating at the current time. Most of BEST's value examination focuses on studying past and present price action to predict the probability of BEST's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BEST's price. Additionally, you may evaluate how the addition of BEST to your portfolios can decrease your overall portfolio volatility.