Datasea Cash Conversion Cycle from 2010 to 2024

DTSS Stock  USD 2.50  0.01  0.40%   
Datasea Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle is likely to outpace its year average in 2024. From the period from 2010 to 2024, Datasea Cash Conversion Cycle quarterly data regression had mean square error of 1.5 M and mean deviation of  573.86. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
(3.38)
Current Value
(3.21)
Quarterly Volatility
1.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Datasea financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Datasea's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 519.2 K or Interest Expense of 61 K, as well as many indicators such as Price To Sales Ratio of 0.51, Dividend Yield of 0.0 or Days Sales Outstanding of 10.39. Datasea financial statements analysis is a perfect complement when working with Datasea Valuation or Volatility modules.
  
Check out the analysis of Datasea Correlation against competitors.
For more information on how to buy Datasea Stock please use our How to Invest in Datasea guide.

Latest Datasea's Cash Conversion Cycle Growth Pattern

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

Datasea Cash Conversion Cycle Regression Statistics

Arithmetic Mean554.15
Coefficient Of Variation211.57
Mean Deviation573.86
Median376.87
Standard Deviation1,172
Sample Variance1.4M
Range4.8K
R-Value(0.11)
Mean Square Error1.5M
R-Squared0.01
Significance0.69
Slope(29.36)
Total Sum of Squares19.2M

Datasea Cash Conversion Cycle History

2024 -3.21
2023 -3.38
2022 -28.33
2021 5.86
2020 685.4
2018 145.5
2017 4726.82

About Datasea Financial Statements

Datasea shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Datasea investors may analyze each financial statement separately, they are all interrelated. The changes in Datasea's assets and liabilities, for example, are also reflected in the revenues and expenses on on Datasea'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(3.38)(3.21)

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Additional Tools for Datasea Stock Analysis

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