Cytek Cash Conversion Cycle from 2010 to 2025

CTKB Stock  USD 6.79  0.04  0.59%   
Cytek Biosciences' Cash Conversion Cycle is decreasing over the years with very volatile fluctuation. Cash Conversion Cycle is expected to dwindle to 253.35. From 2010 to 2025 Cytek Biosciences Cash Conversion Cycle quarterly data regression line had arithmetic mean of  311.04 and r-squared of  0. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
322.84
Current Value
253.35
Quarterly Volatility
28.302974
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cytek Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cytek Biosciences' main balance sheet or income statement drivers, such as Net Interest Income of 6.3 M, Interest Income of 9.2 M or Depreciation And Amortization of 11.1 M, as well as many indicators such as Price To Sales Ratio of 6.98, Dividend Yield of 0.0 or PTB Ratio of 2.97. Cytek financial statements analysis is a perfect complement when working with Cytek Biosciences Valuation or Volatility modules.
  
Check out the analysis of Cytek Biosciences Correlation against competitors.
For information on how to trade Cytek Stock refer to our How to Trade Cytek Stock guide.

Latest Cytek Biosciences' Cash Conversion Cycle Growth Pattern

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

Cytek Cash Conversion Cycle Regression Statistics

Arithmetic Mean311.04
Geometric Mean309.77
Coefficient Of Variation9.10
Mean Deviation15.95
Median312.99
Standard Deviation28.30
Sample Variance801.06
Range110
R-Value(0.06)
Mean Square Error855.41
R-Squared0
Significance0.83
Slope(0.34)
Total Sum of Squares12,016

Cytek Cash Conversion Cycle History

2025 253.35
2024 322.84
2023 358.71
2022 359.63
2021 302.8
2020 249.32

About Cytek Biosciences Financial Statements

Cytek Biosciences stakeholders use historical fundamental indicators, such as Cytek Biosciences' Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Cytek Biosciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cytek Biosciences' assets and liabilities are reflected in the revenues and expenses on Cytek Biosciences' 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 Cytek Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 322.84  253.35 

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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 Cytek Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cytek Biosciences' 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 Cytek Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cytek Biosciences Stock:
Check out the analysis of Cytek Biosciences Correlation against competitors.
For information on how to trade Cytek Stock refer to our How to Trade Cytek Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Health Care Equipment & Supplies 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 Cytek Biosciences. If investors know Cytek 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 Cytek Biosciences 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
0.658
Earnings Share
(0.08)
Revenue Per Share
1.527
Quarterly Revenue Growth
0.073
Return On Assets
(0.03)
The market value of Cytek Biosciences is measured differently than its book value, which is the value of Cytek that is recorded on the company's balance sheet. Investors also form their own opinion of Cytek Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Cytek Biosciences' 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 Cytek Biosciences' market value can be influenced by many factors that don't directly affect Cytek Biosciences' 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 Cytek Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cytek Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cytek Biosciences' 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.