Stantec Cash Conversion Cycle from 2010 to 2026
| STN Stock | CAD 135.56 2.47 1.79% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter 69.74 | Current Value 73.23 | Quarterly Volatility 23.59651777 |
Check Stantec financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stantec's main balance sheet or income statement drivers, such as Depreciation And Amortization of 189.9 M, Interest Expense of 143.2 M or Selling General Administrative of 2.8 B, as well as many indicators such as Price To Sales Ratio of 2.07, Dividend Yield of 0.013 or PTB Ratio of 4.13. Stantec financial statements analysis is a perfect complement when working with Stantec Valuation or Volatility modules.
Stantec | Cash Conversion Cycle |
Evaluating Stantec's Cash Conversion Cycle across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Stantec's fundamental strength.
Latest Stantec's Cash Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of Stantec over the last few years. It is Stantec's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Stantec's overall financial position and show how it may be relating to other accounts over time.
| Cash Conversion Cycle | 10 Years Trend |
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Cash Conversion Cycle |
| Timeline |
Stantec Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | 72.07 | |
| Coefficient Of Variation | 32.74 | |
| Mean Deviation | 14.05 | |
| Median | 77.49 | |
| Standard Deviation | 23.60 | |
| Sample Variance | 556.80 | |
| Range | 104 | |
| R-Value | 0.37 | |
| Mean Square Error | 513.04 | |
| R-Squared | 0.14 | |
| Significance | 0.14 | |
| Slope | 1.72 | |
| Total Sum of Squares | 8,909 |
Stantec Cash Conversion Cycle History
About Stantec Financial Statements
Stantec investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how Stantec 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 Reported | Projected for Next Year | ||
| Cash Conversion Cycle | 69.74 | 73.23 |
Pair Trading with Stantec
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Stantec position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Stantec will appreciate offsetting losses from the drop in the long position's value.Moving against Stantec Stock
| 0.64 | RY | Royal Bank | PairCorr |
| 0.63 | HSTR | Heliostar Metals | PairCorr |
| 0.59 | RY-PS | Royal Bank | PairCorr |
| 0.56 | BNS | Bank of Nova Scotia | PairCorr |
| 0.51 | TD | Toronto Dominion Bank | PairCorr |
The ability to find closely correlated positions to Stantec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Stantec when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Stantec - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Stantec to buy it.
The correlation of Stantec is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Stantec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Stantec moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Stantec can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Stantec Correlation against competitors. To learn how to invest in Stantec Stock, please use our How to Invest in Stantec guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..