Raytech Cash Conversion Cycle from 2010 to 2024

RAY Stock   1.36  0.13  8.72%   
Raytech Holding Cash Conversion Cycle yearly trend continues to be fairly stable with very little volatility. Cash Conversion Cycle will likely drop to -87.13 in 2024. During the period from 2010 to 2024, Raytech Holding Cash Conversion Cycle regression line of annual values had significance of  0.06 and arithmetic mean of  5.16. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
(82.98)
Current Value
(87.13)
Quarterly Volatility
114.94785201
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Raytech Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Raytech Holding's main balance sheet or income statement drivers, such as Tax Provision of 1.9 M, Net Interest Income of 1.5 M or Interest Income of 1.5 M, as well as many indicators such as Price To Sales Ratio of 7.51, Dividend Yield of 3.0E-4 or PTB Ratio of 16.19. Raytech financial statements analysis is a perfect complement when working with Raytech Holding Valuation or Volatility modules.
  
Check out the analysis of Raytech Holding Correlation against competitors.

Latest Raytech Holding's Cash Conversion Cycle Growth Pattern

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

Raytech Cash Conversion Cycle Regression Statistics

Arithmetic Mean5.16
Coefficient Of Variation2,227
Mean Deviation73.99
Median46.81
Standard Deviation114.95
Sample Variance13,213
Range471
R-Value(0.50)
Mean Square Error10,716
R-Squared0.25
Significance0.06
Slope(12.77)
Total Sum of Squares184,982

Raytech Cash Conversion Cycle History

2024 -87.13
2023 -82.98
2022 -369.33
2021 101.99

About Raytech Holding Financial Statements

Raytech Holding investors use historical fundamental indicators, such as Raytech Holding's 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 Raytech Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle(82.98)(87.13)

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Additional Tools for Raytech Stock Analysis

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