JinkoSolar Cash Conversion Cycle from 2010 to 2024

JKS Stock  USD 22.19  0.39  1.73%   
JinkoSolar Holding Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 84.40 in 2024. From the period from 2010 to 2024, JinkoSolar Holding Cash Conversion Cycle quarterly data regression had r-value of  0.02 and coefficient of variation of  40.39. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
109.95565355
Current Value
84.4
Quarterly Volatility
42.32977167
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check JinkoSolar Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among JinkoSolar Holding's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.6 B, Interest Expense of 1.1 B or Selling General Administrative of 4.8 B, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0412 or PTB Ratio of 0.7. JinkoSolar financial statements analysis is a perfect complement when working with JinkoSolar Holding Valuation or Volatility modules.
  
Check out the analysis of JinkoSolar Holding Correlation against competitors.
For more information on how to buy JinkoSolar Stock please use our How to Invest in JinkoSolar Holding guide.

Latest JinkoSolar Holding's Cash Conversion Cycle Growth Pattern

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

JinkoSolar Cash Conversion Cycle Regression Statistics

Arithmetic Mean104.80
Geometric Mean96.49
Coefficient Of Variation40.39
Mean Deviation34.69
Median109.38
Standard Deviation42.33
Sample Variance1,792
Range136
R-Value0.02
Mean Square Error1,929
R-Squared0.0003
Significance0.95
Slope0.17
Total Sum of Squares25,085

JinkoSolar Cash Conversion Cycle History

2024 84.4
2023 109.96
2022 51.81
2021 167.33
2020 124.78
2019 140.33
2018 122.14

About JinkoSolar Holding Financial Statements

JinkoSolar Holding shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although JinkoSolar Holding investors may analyze each financial statement separately, they are all interrelated. The changes in JinkoSolar Holding's assets and liabilities, for example, are also reflected in the revenues and expenses on on JinkoSolar Holding'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 109.96  84.40 

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Additional Tools for JinkoSolar Stock Analysis

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