North Cash Conversion Cycle from 2010 to 2024

NOA Stock  USD 20.04  0.30  1.47%   
North American's Cash Conversion Cycle is decreasing over the years with slightly volatile fluctuation. Cash Conversion Cycle is expected to dwindle to 13.06. From 2010 to 2024 North American Cash Conversion Cycle quarterly data regression line had arithmetic mean of  28.72 and r-squared of  0.54. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
13.74789415
Current Value
13.06
Quarterly Volatility
15.63247431
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check North American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among North American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 137.9 M, Interest Expense of 38.8 M or Total Revenue of 605 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0151 or PTB Ratio of 1.96. North financial statements analysis is a perfect complement when working with North American Valuation or Volatility modules.
  
Check out the analysis of North American Correlation against competitors.

Latest North American's Cash Conversion Cycle Growth Pattern

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

North Cash Conversion Cycle Regression Statistics

Arithmetic Mean28.72
Geometric Mean23.76
Coefficient Of Variation54.43
Mean Deviation13.10
Median27.78
Standard Deviation15.63
Sample Variance244.37
Range51.7992
R-Value(0.74)
Mean Square Error120.77
R-Squared0.54
Significance0
Slope(2.57)
Total Sum of Squares3,421

North Cash Conversion Cycle History

2024 13.06
2023 13.75
2022 18.48
2021 23.3
2020 8.53
2019 4.61
2018 29.25

About North American Financial Statements

North American stakeholders use historical fundamental indicators, such as North American's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although North American investors may analyze each financial statement separately, they are all interrelated. For example, changes in North American's assets and liabilities are reflected in the revenues and expenses on North American'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 North American Construction. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 13.75  13.06 

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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 North American Const offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of North American'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 North American Construction Stock. Outlined below are crucial reports that will aid in making a well-informed decision on North American Construction Stock:
Check out the analysis of North American Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Oil & Gas Equipment & 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 North American. If investors know North 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 North American 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
0.196
Dividend Share
0.4
Earnings Share
1.36
Revenue Per Share
44.139
Quarterly Revenue Growth
0.457
The market value of North American Const is measured differently than its book value, which is the value of North that is recorded on the company's balance sheet. Investors also form their own opinion of North American's value that differs from its market value or its book value, called intrinsic value, which is North American'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 North American's market value can be influenced by many factors that don't directly affect North American'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 North American's value and its price as these two are different measures arrived at by different means. Investors typically determine if North American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North American'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.