Electrovaya Cash Conversion Cycle from 2010 to 2024

ELVA Stock   2.64  0.04  1.54%   
Electrovaya Common's Cash Conversion Cycle is decreasing over the years with slightly volatile fluctuation. Cash Conversion Cycle is expected to dwindle to 125.06. From 2010 to 2024 Electrovaya Common Cash Conversion Cycle quarterly data regression line had arithmetic mean of  3,257,833 and r-squared of  0.19. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
131.64
Current Value
125.06
Quarterly Volatility
12.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Electrovaya Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electrovaya Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 663.7 K, Total Revenue of 52.4 M or Gross Profit of 13.5 M, as well as many indicators such as Price To Sales Ratio of 2.41, Dividend Yield of 0.0 or PTB Ratio of 16.18. Electrovaya financial statements analysis is a perfect complement when working with Electrovaya Common Valuation or Volatility modules.
  
Check out the analysis of Electrovaya Common Correlation against competitors.

Latest Electrovaya Common's Cash Conversion Cycle Growth Pattern

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

Electrovaya Cash Conversion Cycle Regression Statistics

Arithmetic Mean3,257,833
Geometric Mean252.96
Coefficient Of Variation387.28
Mean Deviation6,080,989
Median131.64
Standard Deviation12,616,912
Sample Variance159.2T
Range48.9M
R-Value(0.43)
Mean Square Error139.3T
R-Squared0.19
Significance0.11
Slope(1,221,627)
Total Sum of Squares2228.6T

Electrovaya Cash Conversion Cycle History

2024 125.06
2023 131.64
2022 114.47
2021 239.18
2020 222.18
2019 60.14
2018 51.82

About Electrovaya Common Financial Statements

Electrovaya Common stakeholders use historical fundamental indicators, such as Electrovaya Common's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Electrovaya Common investors may analyze each financial statement separately, they are all interrelated. For example, changes in Electrovaya Common's assets and liabilities are reflected in the revenues and expenses on Electrovaya Common's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Electrovaya Common Shares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 131.64  125.06 

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When determining whether Electrovaya Common Shares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Electrovaya Common'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 Electrovaya Common Shares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Electrovaya Common Shares Stock:
Check out the analysis of Electrovaya Common 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 Electrical Components & Equipment 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 Electrovaya Common. If investors know Electrovaya 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 Electrovaya Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.02
Revenue Per Share
1.433
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0318
Return On Equity
0.087
The market value of Electrovaya Common Shares is measured differently than its book value, which is the value of Electrovaya that is recorded on the company's balance sheet. Investors also form their own opinion of Electrovaya Common's value that differs from its market value or its book value, called intrinsic value, which is Electrovaya Common'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 Electrovaya Common's market value can be influenced by many factors that don't directly affect Electrovaya Common'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 Electrovaya Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electrovaya Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electrovaya Common'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.