Newtek Cash Conversion Cycle from 2010 to 2024

NEWTZ Stock  USD 24.98  0.18  0.73%   
Newtek Business Cash Conversion Cycle yearly trend continues to be fairly stable with very little volatility. Cash Conversion Cycle will likely drop to 0.25 in 2024. During the period from 2010 to 2024, Newtek Business Cash Conversion Cycle regression line of annual values had r-squared of  0.12 and arithmetic mean of  552.39. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
0.26
Current Value
0.25
Quarterly Volatility
1.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Newtek Business financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newtek Business' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Total Revenue of 265.8 M or Gross Profit of 219.3 M, as well as many indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.059 or PTB Ratio of 2.09. Newtek financial statements analysis is a perfect complement when working with Newtek Business Valuation or Volatility modules.
  
Check out the analysis of Newtek Business Correlation against competitors.

Latest Newtek Business' Cash Conversion Cycle Growth Pattern

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

Newtek Cash Conversion Cycle Regression Statistics

Arithmetic Mean552.39
Geometric Mean29.62
Coefficient Of Variation202.29
Mean Deviation847.48
Median15.99
Standard Deviation1,117
Sample Variance1.2M
Range3.1K
R-Value0.34
Mean Square Error1.2M
R-Squared0.12
Significance0.21
Slope85.57
Total Sum of Squares17.5M

Newtek Cash Conversion Cycle History

2024 0.25
2023 0.26
2022 0.29
2021 3007.96
2020 2039.9
2019 2965.42
2018 215.56

About Newtek Business Financial Statements

Newtek Business investors use historical fundamental indicators, such as Newtek Business' Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Newtek Business. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 0.26  0.25 

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Additional Tools for Newtek Stock Analysis

When running Newtek Business' price analysis, check to measure Newtek Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.