Healthcare Cash Conversion Cycle from 2010 to 2024

HCTI Stock  USD 1.09  0.02  1.87%   
Healthcare Triangle's Cash Conversion Cycle is increasing with slightly volatile movements from year to year. Cash Conversion Cycle is estimated to finish at 13.81 this year. For the period between 2010 and 2024, Healthcare Triangle, Cash Conversion Cycle quarterly trend regression had mean deviation of  24.02 and range of 101. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
8.59815345
Current Value
13.81
Quarterly Volatility
30.25032013
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Healthcare Triangle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Healthcare Triangle's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 1 M or Selling General Administrative of 3.5 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0 or PTB Ratio of 26.09. Healthcare financial statements analysis is a perfect complement when working with Healthcare Triangle Valuation or Volatility modules.
  
Check out the analysis of Healthcare Triangle Correlation against competitors.
For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.

Latest Healthcare Triangle's Cash Conversion Cycle Growth Pattern

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

Healthcare Cash Conversion Cycle Regression Statistics

Arithmetic Mean(10.34)
Geometric Mean23.61
Coefficient Of Variation(292.43)
Mean Deviation24.02
Median(28.36)
Standard Deviation30.25
Sample Variance915.08
Range101
R-Value0.69
Mean Square Error517.15
R-Squared0.48
Significance0
Slope4.66
Total Sum of Squares12,811

Healthcare Cash Conversion Cycle History

2024 13.81
2023 8.6
2022 28.85
2021 72.47
2020 4.72

About Healthcare Triangle Financial Statements

Investors use fundamental indicators, such as Healthcare Triangle's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Healthcare Triangle's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Cash Conversion Cycle 8.60  13.81 

Currently Active Assets on Macroaxis

When determining whether Healthcare Triangle offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Healthcare Triangle'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 Healthcare Triangle Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Healthcare Triangle Stock:
Check out the analysis of Healthcare Triangle Correlation against competitors.
For more detail on how to invest in Healthcare Stock please use our How to Invest in Healthcare Triangle guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Health Care Equipment & Supplies 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 Healthcare Triangle. If investors know Healthcare 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 Healthcare Triangle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.17)
Revenue Per Share
4.813
Quarterly Revenue Growth
(0.65)
Return On Assets
(0.55)
Return On Equity
(2.88)
The market value of Healthcare Triangle is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Triangle's value that differs from its market value or its book value, called intrinsic value, which is Healthcare Triangle'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 Healthcare Triangle's market value can be influenced by many factors that don't directly affect Healthcare Triangle'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 Healthcare Triangle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Triangle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Triangle'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.