MillerKnoll Cash Conversion Cycle from 2010 to 2024

MLKN Stock  USD 25.14  0.31  1.22%   
MillerKnoll Cash Conversion Cycle yearly trend continues to be very stable with very little volatility. Cash Conversion Cycle is likely to drop to 22.55. During the period from 2010 to 2024, MillerKnoll Cash Conversion Cycle quarterly data regression pattern had sample variance of  284.41 and median of  37.32. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
64.17979147
Current Value
22.55413077
Quarterly Volatility
16.86437583
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MillerKnoll financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MillerKnoll's main balance sheet or income statement drivers, such as Depreciation And Amortization of 187.3 M, Total Revenue of 1.9 B or Gross Profit of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.0164 or PTB Ratio of 4.96. MillerKnoll financial statements analysis is a perfect complement when working with MillerKnoll Valuation or Volatility modules.
  
Check out the analysis of MillerKnoll Correlation against competitors.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.

Latest MillerKnoll's Cash Conversion Cycle Growth Pattern

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

MillerKnoll Cash Conversion Cycle Regression Statistics

Arithmetic Mean43.89
Geometric Mean40.60
Coefficient Of Variation38.42
Mean Deviation14.51
Median37.32
Standard Deviation16.86
Sample Variance284.41
Range44.3119
R-Value0.50
Mean Square Error229.73
R-Squared0.25
Significance0.06
Slope1.89
Total Sum of Squares3,982

MillerKnoll Cash Conversion Cycle History

2024 22.55
2019 64.18
2013 37.32
2011 19.87
2010 51.31

About MillerKnoll Financial Statements

MillerKnoll investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how MillerKnoll 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 64.18  22.55 
When determining whether MillerKnoll offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MillerKnoll'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 Millerknoll Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millerknoll Stock:
Check out the analysis of MillerKnoll Correlation against competitors.
To learn how to invest in MillerKnoll Stock, please use our How to Invest in MillerKnoll guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Commercial Services & 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 MillerKnoll. If investors know MillerKnoll 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 MillerKnoll 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
55.604
Dividend Share
0.75
Earnings Share
0.87
Revenue Per Share
49.606
Quarterly Revenue Growth
(0.06)
The market value of MillerKnoll is measured differently than its book value, which is the value of MillerKnoll that is recorded on the company's balance sheet. Investors also form their own opinion of MillerKnoll's value that differs from its market value or its book value, called intrinsic value, which is MillerKnoll'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 MillerKnoll's market value can be influenced by many factors that don't directly affect MillerKnoll'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 MillerKnoll's value and its price as these two are different measures arrived at by different means. Investors typically determine if MillerKnoll is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MillerKnoll'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.