Mitek Cash Conversion Cycle from 2010 to 2026
| MITK Stock | USD 9.63 0.67 6.50% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter 77.66 | Current Value 81.54 | Quarterly Volatility 2 K |
Check Mitek Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mitek Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 21 M, Interest Expense of 8.5 M or Total Revenue of 217 M, as well as many indicators such as Price To Sales Ratio of 2.86, Dividend Yield of 0.0 or PTB Ratio of 2.03. Mitek financial statements analysis is a perfect complement when working with Mitek Systems Valuation or Volatility modules.
Mitek | Cash Conversion Cycle | Build AI portfolio with Mitek Stock |
Historical Cash Conversion Cycle data for Mitek Systems serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Mitek Systems represents a compelling investment opportunity.
Latest Mitek Systems' Cash Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of Mitek Systems over the last few years. It is Mitek Systems' Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mitek Systems' overall financial position and show how it may be relating to other accounts over time.
| Cash Conversion Cycle | 10 Years Trend |
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Cash Conversion Cycle |
| Timeline |
Mitek Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | (534.47) | |
| Coefficient Of Variation | (382.51) | |
| Mean Deviation | 930.84 | |
| Median | (13.90) | |
| Standard Deviation | 2,044 | |
| Sample Variance | 4.2M | |
| Range | 8.7K | |
| R-Value | (0.22) | |
| Mean Square Error | 4.2M | |
| R-Squared | 0.05 | |
| Significance | 0.39 | |
| Slope | (89.56) | |
| Total Sum of Squares | 66.9M |
Mitek Cash Conversion Cycle History
About Mitek Systems Financial Statements
Mitek Systems investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how Mitek 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 Reported | Projected for Next Year | ||
| Cash Conversion Cycle | 77.66 | 81.54 |
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Is Application Software 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 Mitek Systems. Expected growth trajectory for Mitek significantly influences the price investors are willing to assign. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Mitek Systems assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.78) | Earnings Share 0.19 | Revenue Per Share | Quarterly Revenue Growth 0.036 | Return On Assets |
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' 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 Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Mitek Systems' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Mitek Systems represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Mitek Systems' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.