Codere Cash Conversion Cycle from 2010 to 2024

CDRO Stock  USD 7.72  0.12  1.58%   
Codere Online Cash Conversion Cycle yearly trend continues to be very stable with very little volatility. Cash Conversion Cycle is likely to drop to -2,149. During the period from 2010 to 2024, Codere Online Cash Conversion Cycle quarterly data regression pattern had range of 2.1 K and standard deviation of  852.28. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
-2 K
Current Value
-2.1 K
Quarterly Volatility
852.28423035
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Codere Online financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Codere Online's main balance sheet or income statement drivers, such as Tax Provision of 3.6 M, Net Interest Income of 15 M or Interest Income of 14.7 M, as well as many indicators such as Price To Sales Ratio of 1.03, Dividend Yield of 0.0 or PTB Ratio of 4.21. Codere financial statements analysis is a perfect complement when working with Codere Online Valuation or Volatility modules.
  
Check out the analysis of Codere Online Correlation against competitors.

Latest Codere Online's Cash Conversion Cycle Growth Pattern

Below is the plot of the Cash Conversion Cycle of Codere Online Corp over the last few years. It is Codere Online's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Codere Online'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  

Codere Cash Conversion Cycle Regression Statistics

Arithmetic Mean(645.29)
Coefficient Of Variation(132.08)
Mean Deviation750.96
Median(82.07)
Standard Deviation852.28
Sample Variance726,388
Range2.1K
R-Value(0.84)
Mean Square Error236,012
R-Squared0.70
Significance0.0001
Slope(159.25)
Total Sum of Squares10.2M

Codere Cash Conversion Cycle History

2024 -2149.07
2023 -2046.73
2022 -1779.77
2021 -1770.79
2020 -1112.29

About Codere Online Financial Statements

Codere Online investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how Codere Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Conversion Cycle-2 K-2.1 K
When determining whether Codere Online Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Codere Online's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Codere Online Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Codere Online Corp Stock:
Check out the analysis of Codere Online Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Codere Online. If investors know Codere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Codere Online listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.71)
Revenue Per Share
3.083
Quarterly Revenue Growth
0.456
Return On Assets
(0.32)
Return On Equity
(0.82)
The market value of Codere Online Corp is measured differently than its book value, which is the value of Codere that is recorded on the company's balance sheet. Investors also form their own opinion of Codere Online's value that differs from its market value or its book value, called intrinsic value, which is Codere Online's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Codere Online's market value can be influenced by many factors that don't directly affect Codere Online's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Codere Online's value and its price as these two are different measures arrived at by different means. Investors typically determine if Codere Online is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Codere Online's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.