Olympic Cash Conversion Cycle from 2010 to 2024

ZEUS Stock  USD 41.32  0.56  1.37%   
Olympic Steel Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 76.86 in 2024. From the period from 2010 to 2024, Olympic Steel Cash Conversion Cycle quarterly data regression had r-value of (0.45) and coefficient of variation of  15.55. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
89.24348983
Current Value
76.86
Quarterly Volatility
15.47876325
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Olympic Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympic Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 M, Interest Expense of 16.8 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0069 or PTB Ratio of 0.95. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
Check out the analysis of Olympic Steel Correlation against competitors.
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Latest Olympic Steel's Cash Conversion Cycle Growth Pattern

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

Olympic Cash Conversion Cycle Regression Statistics

Arithmetic Mean99.53
Geometric Mean98.49
Coefficient Of Variation15.55
Mean Deviation11.36
Median98.19
Standard Deviation15.48
Sample Variance239.59
Range63.8769
R-Value(0.45)
Mean Square Error205.82
R-Squared0.20
Significance0.09
Slope(1.56)
Total Sum of Squares3,354

Olympic Cash Conversion Cycle History

2024 76.86
2023 89.24
2022 86.86
2021 113.05
2020 101.77
2019 89.06
2018 109.97

About Olympic Steel Financial Statements

Olympic Steel shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Olympic Steel'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 89.24  76.86 

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Additional Tools for Olympic Stock Analysis

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