Copart Cash Conversion Cycle from 2010 to 2024

CPRT Stock  USD 63.39  0.12  0.19%   
Copart Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 27.30 in 2024. From the period from 2010 to 2024, Copart Cash Conversion Cycle quarterly data regression had r-value of  0.16 and coefficient of variation of  26.74. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
43.92247181
Current Value
27.3
Quarterly Volatility
10.01743109
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Copart financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Copart's main balance sheet or income statement drivers, such as Depreciation And Amortization of 199.2 M, Interest Expense of 153 M or Total Revenue of 4.4 B, as well as many indicators such as Price To Sales Ratio of 12.46, Dividend Yield of 0.0 or PTB Ratio of 3.76. Copart financial statements analysis is a perfect complement when working with Copart Valuation or Volatility modules.
  
Check out the analysis of Copart Correlation against competitors.

Latest Copart's Cash Conversion Cycle Growth Pattern

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

Copart Cash Conversion Cycle Regression Statistics

Arithmetic Mean37.47
Geometric Mean35.73
Coefficient Of Variation26.74
Mean Deviation7.52
Median39.45
Standard Deviation10.02
Sample Variance100.35
Range40.8844
R-Value0.16
Mean Square Error105.29
R-Squared0.03
Significance0.57
Slope0.36
Total Sum of Squares1,405

Copart Cash Conversion Cycle History

2024 27.3
2023 43.92
2022 42.87
2021 40.79
2020 35.88
2019 28.0
2018 39.45

About Copart Financial Statements

Copart shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Copart investors may analyze each financial statement separately, they are all interrelated. The changes in Copart's assets and liabilities, for example, are also reflected in the revenues and expenses on on Copart'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 43.92  27.30 

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Additional Tools for Copart Stock Analysis

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