Shopify Operating Cycle from 2010 to 2026

SHOP Stock  CAD 216.13  4.87  2.20%   
Shopify Operating Cycle yearly trend continues to be very stable with very little volatility. Operating Cycle is likely to drop to 34.14. During the period from 2010 to 2026, Shopify Operating Cycle quarterly data regression pattern had sample variance of  325.93 and median of  37.43. View All Fundamentals
 
Operating Cycle  
First Reported
2010-12-31
Previous Quarter
63.16
Current Value
34.14
Quarterly Volatility
18.05364716
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shopify financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shopify's main balance sheet or income statement drivers, such as Depreciation And Amortization of 38.3 M, Interest Expense of 1.3 M or Selling General Administrative of 490.2 M, as well as many indicators such as Price To Sales Ratio of 23.32, Dividend Yield of 0.0 or PTB Ratio of 13.17. Shopify financial statements analysis is a perfect complement when working with Shopify Valuation or Volatility modules.
  
This module can also supplement various Shopify Technical models . Check out the analysis of Shopify Correlation against competitors.
To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.

Latest Shopify's Operating Cycle Growth Pattern

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

Shopify Operating Cycle Regression Statistics

Arithmetic Mean40.20
Geometric Mean35.92
Coefficient Of Variation44.91
Mean Deviation15.95
Median37.43
Standard Deviation18.05
Sample Variance325.93
Range59.3503
R-Value0.78
Mean Square Error136.71
R-Squared0.61
Significance0.0002
Slope2.78
Total Sum of Squares5,215

Shopify Operating Cycle History

2026 34.14
2025 63.16
2024 70.18
2023 61.67
2022 55.89
2021 52.79
2020 52.52

About Shopify Financial Statements

Shopify investors utilize fundamental indicators, such as Operating Cycle, to predict how Shopify Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Cycle 63.16  34.14 
When determining whether Shopify is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Shopify Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Shopify Stock. Highlighted below are key reports to facilitate an investment decision about Shopify Stock:
Check out the analysis of Shopify Correlation against competitors.
To learn how to invest in Shopify Stock, please use our How to Invest in Shopify guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Please note, there is a significant difference between Shopify's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shopify is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shopify's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.