Neo Cash Conversion Cycle from 2010 to 2024

NCI Stock  USD 0.52  0.03  5.45%   
Neo Concept's Cash Conversion Cycle is decreasing with slightly volatile movements from year to year. Cash Conversion Cycle is predicted to flatten to 67.87. For the period between 2010 and 2024, Neo Concept, Cash Conversion Cycle quarterly trend regression had median of  70.57 and r-value of (0.39). View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
81.72308668
Current Value
67.87
Quarterly Volatility
47.67631202
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Neo Concept financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Neo Concept's main balance sheet or income statement drivers, such as Interest Expense of 5.3 M, Selling General Administrative of 17.3 M or Total Revenue of 165.5 M, as well as many indicators such as Price To Sales Ratio of 8.94, Dividend Yield of 0.0014 or Days Sales Outstanding of 90.0. Neo financial statements analysis is a perfect complement when working with Neo Concept Valuation or Volatility modules.
  
Check out the analysis of Neo Concept Correlation against competitors.

Latest Neo Concept's Cash Conversion Cycle Growth Pattern

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

Neo Cash Conversion Cycle Regression Statistics

Arithmetic Mean50.57
Coefficient Of Variation94.27
Mean Deviation35.94
Median70.57
Standard Deviation47.68
Sample Variance2,273
Range173
R-Value(0.39)
Mean Square Error2,084
R-Squared0.15
Significance0.16
Slope(4.11)
Total Sum of Squares31,822

Neo Cash Conversion Cycle History

2024 67.87
2023 81.72
2022 17.05
2021 -84.35
2019 0.0288
2018 79.49
2017 88.64

About Neo Concept Financial Statements

Investors use fundamental indicators, such as Neo Concept's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Neo Concept's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Cash Conversion Cycle 81.72  67.87 

Currently Active Assets on Macroaxis

When determining whether Neo Concept Internat offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neo Concept'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 Neo Concept International Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neo Concept International Group Stock:
Check out the analysis of Neo Concept Correlation against competitors.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Research & Consulting 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 Neo Concept. If investors know Neo 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 Neo Concept 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
2.523
Earnings Share
0.03
Revenue Per Share
9.678
Quarterly Revenue Growth
(0.38)
Return On Assets
0.0854
The market value of Neo Concept Internat is measured differently than its book value, which is the value of Neo that is recorded on the company's balance sheet. Investors also form their own opinion of Neo Concept's value that differs from its market value or its book value, called intrinsic value, which is Neo Concept'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 Neo Concept's market value can be influenced by many factors that don't directly affect Neo Concept'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 Neo Concept's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neo Concept is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neo Concept'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.