Hess Cash Conversion Cycle from 2010 to 2024

HES Stock  USD 146.76  0.46  0.31%   
Hess 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, Hess Cash Conversion Cycle quarterly data regression had r-value of (0.12) and coefficient of variation of  49.55. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
29.55147973
Current Value
51.26
Quarterly Volatility
25.46143247
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 501.9 M or Total Revenue of 14.8 B, as well as many indicators such as Price To Sales Ratio of 4.33, Dividend Yield of 0.0109 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
Check out the analysis of Hess Correlation against competitors.

Latest Hess' Cash Conversion Cycle Growth Pattern

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

Hess Cash Conversion Cycle Regression Statistics

Arithmetic Mean51.39
Geometric Mean45.70
Coefficient Of Variation49.55
Mean Deviation19.53
Median51.26
Standard Deviation25.46
Sample Variance648.28
Range92.22
R-Value(0.12)
Mean Square Error687.72
R-Squared0.01
Significance0.66
Slope(0.70)
Total Sum of Squares9,076

Hess Cash Conversion Cycle History

2024 51.26
2023 29.55
2022 30.18
2021 59.52
2020 86.28
2019 50.3
2018 29.13

About Hess Financial Statements

Hess shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Hess investors may analyze each financial statement separately, they are all interrelated. The changes in Hess' assets and liabilities, for example, are also reflected in the revenues and expenses on on Hess' 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 29.55  51.26 

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Additional Tools for Hess Stock Analysis

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