Mind Cash Conversion Cycle from 2010 to 2026

MIND Stock  USD 8.50  0.11  1.31%   
Mind Technology's Cash Conversion Cycle is increasing over the years with slightly volatile fluctuation. Overall, Cash Conversion Cycle is expected to go to 235.98 this year. During the period from 2010 to 2026 Mind Technology Cash Conversion Cycle annual values regression line had geometric mean of  193.25 and mean square error of  4,866. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
224.75
Current Value
235.98
Quarterly Volatility
98.26448948
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Mind Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mind Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 M, Interest Expense of 577.1 K or Total Revenue of 47.8 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.016 or PTB Ratio of 4.24. Mind financial statements analysis is a perfect complement when working with Mind Technology Valuation or Volatility modules.
  
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Check out the analysis of Mind Technology Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
Analyzing Mind Technology's Cash Conversion Cycle over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Cash Conversion Cycle has evolved provides context for assessing Mind Technology's current valuation and future prospects.

Latest Mind Technology's Cash Conversion Cycle Growth Pattern

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

Mind Cash Conversion Cycle Regression Statistics

Arithmetic Mean218.07
Geometric Mean193.25
Coefficient Of Variation45.06
Mean Deviation75.66
Median224.52
Standard Deviation98.26
Sample Variance9,656
Range319
R-Value0.73
Mean Square Error4,866
R-Squared0.53
Significance0.001
Slope14.13
Total Sum of Squares154,495

Mind Cash Conversion Cycle History

2026 235.98
2025 224.75
2024 249.72
2023 263.09
2022 358.15
2021 383.87
2020 337.56

About Mind Technology Financial Statements

Mind Technology stakeholders use historical fundamental indicators, such as Mind Technology's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Mind Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mind Technology's assets and liabilities are reflected in the revenues and expenses on Mind Technology's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mind Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 224.75  235.98 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Mind Technology is a strong investment it is important to analyze Mind Technology's 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 Mind Technology's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:
Check out the analysis of Mind Technology Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Will Oil & Gas Equipment & Services sector continue expanding? Could Mind diversify its offerings? Factors like these will boost the valuation of Mind Technology. Expected growth trajectory for Mind significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Mind Technology data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(1.00)
Earnings Share
(1.17)
Revenue Per Share
5.786
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0833
Understanding Mind Technology requires distinguishing between market price and book value, where the latter reflects Mind's accounting equity. The concept of intrinsic value - what Mind Technology's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Mind Technology's price substantially above or below its fundamental value.
Understanding that Mind Technology's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mind Technology represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Mind Technology's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.