Comfort Cash Conversion Cycle from 2010 to 2024

FIX Stock  USD 486.65  17.47  3.47%   
Comfort Systems Cash Conversion Cycle yearly trend continues to be fairly stable with very little volatility. Cash Conversion Cycle will likely drop to 44.51 in 2024. During the period from 2010 to 2024, Comfort Systems Cash Conversion Cycle regression line of annual values had r-squared of  0.21 and arithmetic mean of  57.02. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
80.50527151
Current Value
44.51
Quarterly Volatility
12.44350199
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comfort Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comfort Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 85.6 M, Interest Expense of 10.8 M or Selling General Administrative of 573.3 M, as well as many indicators such as Price To Sales Ratio of 1.48, Dividend Yield of 0.0039 or PTB Ratio of 6.05. Comfort financial statements analysis is a perfect complement when working with Comfort Systems Valuation or Volatility modules.
  
Check out the analysis of Comfort Systems Correlation against competitors.

Latest Comfort Systems' Cash Conversion Cycle Growth Pattern

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

Comfort Cash Conversion Cycle Regression Statistics

Arithmetic Mean57.02
Geometric Mean55.80
Coefficient Of Variation21.82
Mean Deviation10.17
Median54.00
Standard Deviation12.44
Sample Variance154.84
Range39.3003
R-Value0.45
Mean Square Error132.23
R-Squared0.21
Significance0.09
Slope1.27
Total Sum of Squares2,168

Comfort Cash Conversion Cycle History

2024 44.51
2023 80.51
2022 70.41
2021 75.74
2020 57.23
2019 67.63
2018 54.0

About Comfort Systems Financial Statements

Comfort Systems investors use historical fundamental indicators, such as Comfort Systems' Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Comfort Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 80.51  44.51 

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Additional Tools for Comfort Stock Analysis

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