Iridium Cash Conversion Cycle from 2010 to 2024

IRDM Stock  USD 29.60  0.49  1.68%   
Iridium Communications Cash Conversion Cycle yearly trend continues to be very stable with very little volatility. Cash Conversion Cycle is likely to drop to 102.47. During the period from 2010 to 2024, Iridium Communications Cash Conversion Cycle quarterly data regression pattern had range of 382 and standard deviation of  84.92. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
143.61238127
Current Value
102.47
Quarterly Volatility
84.91695939
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Iridium Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Iridium Communications' main balance sheet or income statement drivers, such as Interest Expense of 94.9 M, Other Operating Expenses of 381 M or Operating Income of 70.8 M, as well as many indicators such as Price To Sales Ratio of 3.38, Dividend Yield of 0.0113 or PTB Ratio of 5.53. Iridium financial statements analysis is a perfect complement when working with Iridium Communications Valuation or Volatility modules.
  
Check out the analysis of Iridium Communications Correlation against competitors.
To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.

Latest Iridium Communications' Cash Conversion Cycle Growth Pattern

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

Iridium Cash Conversion Cycle Regression Statistics

Arithmetic Mean97.77
Coefficient Of Variation86.85
Mean Deviation48.34
Median84.53
Standard Deviation84.92
Sample Variance7,211
Range382
R-Value(0.23)
Mean Square Error7,346
R-Squared0.05
Significance0.40
Slope(4.41)
Total Sum of Squares100,952

Iridium Cash Conversion Cycle History

2024 102.47
2023 143.61
2022 75.04
2021 68.85
2020 84.53
2019 128.29
2018 87.17

About Iridium Communications Financial Statements

Iridium Communications investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how Iridium Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Conversion Cycle 143.61  102.47 

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When determining whether Iridium Communications is a strong investment it is important to analyze Iridium Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Iridium Communications' future performance. For an informed investment choice regarding Iridium Stock, refer to the following important reports:
Check out the analysis of Iridium Communications Correlation against competitors.
To learn how to invest in Iridium Stock, please use our How to Invest in Iridium Communications guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Diversified Telecommunication Services 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 Iridium Communications. If investors know Iridium 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 Iridium Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.074
Dividend Share
0.54
Earnings Share
0.93
Revenue Per Share
6.697
Quarterly Revenue Growth
0.077
The market value of Iridium Communications is measured differently than its book value, which is the value of Iridium that is recorded on the company's balance sheet. Investors also form their own opinion of Iridium Communications' value that differs from its market value or its book value, called intrinsic value, which is Iridium Communications' 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 Iridium Communications' market value can be influenced by many factors that don't directly affect Iridium Communications' 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 Iridium Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iridium Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iridium Communications' 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.