Precision Cash Conversion Cycle from 2010 to 2026
| PDS Stock | USD 87.35 4.40 5.30% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter (8.98) | Current Value (8.53) | Quarterly Volatility 33.15803666 |
Check Precision Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precision Drilling's main balance sheet or income statement drivers, such as Depreciation And Amortization of 237.7 M, Interest Expense of 54.3 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.032 or PTB Ratio of 0.81. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
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The evolution of Cash Conversion Cycle for Precision Drilling provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Precision Drilling compares to historical norms and industry peers.
Latest Precision Drilling's Cash Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of Precision Drilling over the last few years. It is Precision Drilling's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precision Drilling's overall financial position and show how it may be relating to other accounts over time.
| Cash Conversion Cycle | 10 Years Trend |
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Cash Conversion Cycle |
| Timeline |
Precision Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | 47.92 | |
| Coefficient Of Variation | 69.20 | |
| Mean Deviation | 26.13 | |
| Median | 58.05 | |
| Standard Deviation | 33.16 | |
| Sample Variance | 1,099 | |
| Range | 119 | |
| R-Value | (0.40) | |
| Mean Square Error | 986.76 | |
| R-Squared | 0.16 | |
| Significance | 0.11 | |
| Slope | (2.61) | |
| Total Sum of Squares | 17,591 |
Precision Cash Conversion Cycle History
About Precision Drilling Financial Statements
Precision Drilling shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Precision Drilling investors may analyze each financial statement separately, they are all interrelated. The changes in Precision Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses on on Precision Drilling's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash Conversion Cycle | (8.98) | (8.53) |
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Additional Tools for Precision Stock Analysis
When running Precision Drilling's price analysis, check to measure Precision Drilling'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 Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.