Snap Cash Conversion Cycle from 2010 to 2024

SNA Stock  USD 365.97  4.57  1.26%   
Snap On's Cash Conversion Cycle is increasing over the years with very volatile fluctuation. Cash Conversion Cycle is expected to dwindle to 233.10. From 2010 to 2024 Snap On Cash Conversion Cycle quarterly data regression line had arithmetic mean of  216.81 and r-squared of  0.01. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
269.43
Current Value
233.1
Quarterly Volatility
34.90971783
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Snap On financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snap On's main balance sheet or income statement drivers, such as Depreciation And Amortization of 64.9 M, Interest Expense of 165.4 M or Total Revenue of 2.6 B, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0279 or PTB Ratio of 2.02. Snap financial statements analysis is a perfect complement when working with Snap On Valuation or Volatility modules.
  
Check out the analysis of Snap On Correlation against competitors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.

Latest Snap On's Cash Conversion Cycle Growth Pattern

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

Snap Cash Conversion Cycle Regression Statistics

Arithmetic Mean216.81
Geometric Mean214.48
Coefficient Of Variation16.10
Mean Deviation24.33
Median204.30
Standard Deviation34.91
Sample Variance1,219
Range149
R-Value0.10
Mean Square Error1,298
R-Squared0.01
Significance0.71
Slope0.81
Total Sum of Squares17,062

Snap Cash Conversion Cycle History

2024 233.1
2023 269.43
2022 234.29
2016 199.64
2012 204.3
2011 164.1
2010 312.93

About Snap On Financial Statements

Snap On stakeholders use historical fundamental indicators, such as Snap On's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Snap On investors may analyze each financial statement separately, they are all interrelated. For example, changes in Snap On's assets and liabilities are reflected in the revenues and expenses on Snap On's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Snap On. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 269.43  233.10 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Snap On offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Snap On's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Snap On Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Snap On Stock:
Check out the analysis of Snap On Correlation against competitors.
For information on how to trade Snap Stock refer to our How to Trade Snap Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snap On. If investors know Snap will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snap On listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.042
Dividend Share
7.44
Earnings Share
19.43
Revenue Per Share
96.839
Quarterly Revenue Growth
(0.01)
The market value of Snap On is measured differently than its book value, which is the value of Snap that is recorded on the company's balance sheet. Investors also form their own opinion of Snap On's value that differs from its market value or its book value, called intrinsic value, which is Snap On's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snap On's market value can be influenced by many factors that don't directly affect Snap On's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snap On's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snap On is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snap On'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.