Gates Cash Conversion Cycle from 2010 to 2024

GTES Stock  USD 22.14  0.15  0.68%   
Gates Industrial Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 86.86 in 2024. From the period from 2010 to 2024, Gates Industrial Cash Conversion Cycle quarterly data regression had r-value of (0.41) and coefficient of variation of  7.30. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
102.55
Current Value
86.86
Quarterly Volatility
7.77893595
 
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Yuan Drop
 
Covid
Check Gates Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gates Industrial's main balance sheet or income statement drivers, such as Tax Provision of 20.3 M, Depreciation And Amortization of 187.5 M or Interest Expense of 135.9 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 1.14. Gates financial statements analysis is a perfect complement when working with Gates Industrial Valuation or Volatility modules.
  
Check out the analysis of Gates Industrial Correlation against competitors.
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Latest Gates Industrial's Cash Conversion Cycle Growth Pattern

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

Gates Cash Conversion Cycle Regression Statistics

Arithmetic Mean106.54
Geometric Mean106.27
Coefficient Of Variation7.30
Mean Deviation4.19
Median106.48
Standard Deviation7.78
Sample Variance60.51
Range36.6475
R-Value(0.41)
Mean Square Error54.22
R-Squared0.17
Significance0.13
Slope(0.71)
Total Sum of Squares847.17

Gates Cash Conversion Cycle History

2024 86.86
2023 102.55
2022 113.94
2016 99.26
2015 113.49
2013 123.51
2012 106.7

About Gates Industrial Financial Statements

Gates Industrial shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Gates Industrial investors may analyze each financial statement separately, they are all interrelated. The changes in Gates Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Gates Industrial'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 102.55  86.86 

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Additional Tools for Gates Stock Analysis

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