Shoals Cash Conversion Cycle from 2010 to 2026

SHLS Stock  USD 10.24  0.58  6.00%   
Shoals Technologies Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 98.51 in 2026. From the period from 2010 to 2026, Shoals Technologies Cash Conversion Cycle quarterly data regression had r-value of  0.30 and coefficient of variation of  25.31. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
127.39
Current Value
98.51
Quarterly Volatility
29.25231164
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Shoals Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoals Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.2 M, Interest Expense of 12.4 M or Selling General Administrative of 99.3 M, as well as many indicators such as Price To Sales Ratio of 2.55, Dividend Yield of 0.0716 or PTB Ratio of 1.83. Shoals financial statements analysis is a perfect complement when working with Shoals Technologies Valuation or Volatility modules.
  
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The evolution of Cash Conversion Cycle for Shoals Technologies Group 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 Shoals Technologies compares to historical norms and industry peers.

Latest Shoals Technologies' Cash Conversion Cycle Growth Pattern

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

Shoals Cash Conversion Cycle Regression Statistics

Arithmetic Mean115.58
Geometric Mean112.21
Coefficient Of Variation25.31
Mean Deviation19.59
Median109.63
Standard Deviation29.25
Sample Variance855.70
Range128
R-Value0.30
Mean Square Error830.23
R-Squared0.09
Significance0.24
Slope1.74
Total Sum of Squares13,691

Shoals Cash Conversion Cycle History

2026 98.51
2025 127.39
2024 141.54
2023 153.65
2022 193.36
2021 128.48
2020 65.68

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Shoals Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Shoals Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Shoals Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Conversion Cycle 127.39  98.51 

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Additional Tools for Shoals Stock Analysis

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