Suncor Cash Conversion Cycle from 2010 to 2024

SU Stock  USD 40.66  0.87  2.09%   
Suncor Energy Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle is likely to outpace its year average in 2024. From the period from 2010 to 2024, Suncor Energy Cash Conversion Cycle quarterly data regression had mean square error of  260.70 and mean deviation of  13.17. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
21.40789737
Current Value
22.48
Quarterly Volatility
15.75275394
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Suncor Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Suncor Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.3 B, Interest Expense of 411.9 M or Selling General Administrative of 4.7 B, as well as many indicators such as Price To Sales Ratio of 2.05, Dividend Yield of 0.052 or PTB Ratio of 1.22. Suncor financial statements analysis is a perfect complement when working with Suncor Energy Valuation or Volatility modules.
  
Check out the analysis of Suncor Energy Correlation against competitors.
For more information on how to buy Suncor Stock please use our How to Invest in Suncor Energy guide.

Latest Suncor Energy's Cash Conversion Cycle Growth Pattern

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

Suncor Cash Conversion Cycle Regression Statistics

Arithmetic Mean5.56
Coefficient Of Variation283.44
Mean Deviation13.17
Median1.11
Standard Deviation15.75
Sample Variance248.15
Range55.1017
R-Value0.16
Mean Square Error260.70
R-Squared0.02
Significance0.58
Slope0.55
Total Sum of Squares3,474

Suncor Cash Conversion Cycle History

2024 22.48
2023 21.41
2022 1.11
2021 -0.99
2020 36.59
2019 -3.05
2018 -12.8

About Suncor Energy Financial Statements

Suncor Energy shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Suncor Energy investors may analyze each financial statement separately, they are all interrelated. The changes in Suncor Energy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Suncor Energy's 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 21.41  22.48 

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Additional Tools for Suncor Stock Analysis

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