Remitly Cash Conversion Cycle from 2010 to 2024

RELY Stock  USD 20.52  0.52  2.47%   
Remitly Global Cash Conversion Cycle yearly trend continues to be fairly stable with very little volatility. Cash Conversion Cycle is likely to outpace its year average in 2024. During the period from 2010 to 2024, Remitly Global Cash Conversion Cycle regression line of annual values had r-squared of  0.05 and arithmetic mean of  163.19. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
106.36898972
Current Value
125.82
Quarterly Volatility
93.68835923
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.5 M, Interest Expense of 2.2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0 or PTB Ratio of 6.3. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Latest Remitly Global's Cash Conversion Cycle Growth Pattern

Below is the plot of the Cash Conversion Cycle of Remitly Global over the last few years. It is Remitly Global's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Remitly Global's overall financial position and show how it may be relating to other accounts over time.
Cash Conversion Cycle10 Years Trend
Pretty Stable
   Cash Conversion Cycle   
       Timeline  

Remitly Cash Conversion Cycle Regression Statistics

Arithmetic Mean163.19
Geometric Mean127.47
Coefficient Of Variation57.41
Mean Deviation76.29
Median158.93
Standard Deviation93.69
Sample Variance8,778
Range309
R-Value0.22
Mean Square Error8,992
R-Squared0.05
Significance0.43
Slope4.63
Total Sum of Squares122,885

Remitly Cash Conversion Cycle History

2024 125.82
2023 106.37
2022 275.77
2021 235.77
2020 333.5
2018 242.67
2017 36.3

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global'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 Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 106.37  125.82 

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Additional Tools for Remitly Stock Analysis

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