Novonix Operating Cycle from 2010 to 2024

NVX Stock  USD 1.98  0.71  26.39%   
Novonix Operating Cycle yearly trend continues to be fairly stable with very little volatility. Operating Cycle is likely to outpace its year average in 2024. During the period from 2010 to 2024, Novonix Operating Cycle regression line of annual values had r-squared of  0.63 and arithmetic mean of  670.07. View All Fundamentals
 
Operating Cycle  
First Reported
2010-12-31
Previous Quarter
338.19901979
Current Value
420.29
Quarterly Volatility
421.97598012
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novonix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novonix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 3 M or Selling General Administrative of 16.1 M, as well as many indicators such as Price To Sales Ratio of 28.82, Dividend Yield of 0.0167 or PTB Ratio of 1.4. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
  
Check out the analysis of Novonix Correlation against competitors.

Latest Novonix's Operating Cycle Growth Pattern

Below is the plot of the Operating Cycle of Novonix Ltd ADR over the last few years. It is Novonix's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novonix's overall financial position and show how it may be relating to other accounts over time.
Operating Cycle10 Years Trend
Slightly volatile
   Operating Cycle   
       Timeline  

Novonix Operating Cycle Regression Statistics

Arithmetic Mean670.07
Geometric Mean525.85
Coefficient Of Variation62.98
Mean Deviation397.24
Median542.94
Standard Deviation421.98
Sample Variance178,064
Range916
R-Value(0.80)
Mean Square Error70,230
R-Squared0.63
Significance0.0004
Slope(75.12)
Total Sum of Squares2.5M

Novonix Operating Cycle History

2024 420.29
2023 338.2
2022 224.76
2021 542.94
2020 261.97
2019 179.86
2018 233.93

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Operating 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 Novonix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Cycle 338.20  420.29 

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Additional Tools for Novonix Stock Analysis

When running Novonix's price analysis, check to measure Novonix's 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 Novonix is operating at the current time. Most of Novonix's value examination focuses on studying past and present price action to predict the probability of Novonix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novonix's price. Additionally, you may evaluate how the addition of Novonix to your portfolios can decrease your overall portfolio volatility.