Taskus Cash Conversion Cycle from 2010 to 2024

TASK Stock  USD 15.12  0.30  2.02%   
Taskus Cash Conversion Cycle yearly trend continues to be quite stable with very little volatility. The value of Cash Conversion Cycle is projected to decrease to 34.15. From the period between 2010 and 2024, Taskus, Cash Conversion Cycle regression line of its data series had standard deviation of  13.78 and standard deviation of  13.78. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
53.49457407
Current Value
34.15
Quarterly Volatility
13.77504479
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Taskus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Taskus' main balance sheet or income statement drivers, such as Interest Expense of 22.8 M, Ebit of 111.6 M or Net Income Applicable To Common Shares of 38.2 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0104 or PTB Ratio of 2.65. Taskus financial statements analysis is a perfect complement when working with Taskus Valuation or Volatility modules.
  
Check out the analysis of Taskus Correlation against competitors.

Latest Taskus' Cash Conversion Cycle Growth Pattern

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

Taskus Cash Conversion Cycle Regression Statistics

Arithmetic Mean30.76
Geometric Mean28.42
Coefficient Of Variation44.78
Mean Deviation11.25
Median21.39
Standard Deviation13.78
Sample Variance189.75
Range36.3264
R-Value0.77
Mean Square Error83.84
R-Squared0.59
Significance0.0008
Slope2.37
Total Sum of Squares2,657

Taskus Cash Conversion Cycle History

2024 34.15
2023 53.49
2022 57.72
2021 54.98
2020 34.19
2019 34.38

About Taskus Financial Statements

Taskus investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how Taskus 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
Cash Conversion Cycle 53.49  34.15 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Taskus Inc 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 Taskus 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 Taskus Inc Stock. Highlighted below are key reports to facilitate an investment decision about Taskus Inc Stock:
Check out the analysis of Taskus Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Data Processing & Outsourced Services 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 Taskus. If investors know Taskus 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 Taskus 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
0.4
Earnings Share
0.58
Revenue Per Share
10.752
Quarterly Revenue Growth
0.132
Return On Assets
0.0762
The market value of Taskus Inc is measured differently than its book value, which is the value of Taskus that is recorded on the company's balance sheet. Investors also form their own opinion of Taskus' value that differs from its market value or its book value, called intrinsic value, which is Taskus' 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 Taskus' market value can be influenced by many factors that don't directly affect Taskus' 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 Taskus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taskus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taskus' 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.