Fastenal Cash Conversion Cycle from 2010 to 2024

FAST Stock  USD 73.02  1.40  1.88%   
Fastenal Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 151.32 in 2024. From the period from 2010 to 2024, Fastenal Cash Conversion Cycle quarterly data regression had r-value of (0.60) and coefficient of variation of  7.94. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
169.10596804
Current Value
151.32
Quarterly Volatility
15.41166576
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fastenal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fastenal's main balance sheet or income statement drivers, such as Depreciation And Amortization of 186.2 M, Interest Expense of 11.3 M or Total Revenue of 7.7 B, as well as many indicators such as Price To Sales Ratio of 3.1, Dividend Yield of 0.0289 or PTB Ratio of 8.86. Fastenal financial statements analysis is a perfect complement when working with Fastenal Valuation or Volatility modules.
  
Check out the analysis of Fastenal Correlation against competitors.

Latest Fastenal's Cash Conversion Cycle Growth Pattern

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

Fastenal Cash Conversion Cycle Regression Statistics

Arithmetic Mean194.15
Geometric Mean193.52
Coefficient Of Variation7.94
Mean Deviation10.52
Median199.31
Standard Deviation15.41
Sample Variance237.52
Range56.3129
R-Value(0.60)
Mean Square Error164.34
R-Squared0.36
Significance0.02
Slope(2.06)
Total Sum of Squares3,325

Fastenal Cash Conversion Cycle History

2024 151.32
2023 169.11
2022 193.85
2021 200.33
2020 183.72
2019 202.76
2018 206.85

About Fastenal Financial Statements

Fastenal shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Fastenal investors may analyze each financial statement separately, they are all interrelated. The changes in Fastenal's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fastenal'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 169.11  151.32 

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Additional Tools for Fastenal Stock Analysis

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