Newtek Cash Conversion Cycle from 2010 to 2024

NEWT Stock  USD 13.01  0.29  2.18%   
Newtek Business Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 0.25 in 2024. From the period from 2010 to 2024, Newtek Business Cash Conversion Cycle quarterly data regression had r-value of  0.34 and coefficient of variation of  201.54. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
0.26
Current Value
0.25
Quarterly Volatility
1.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Newtek Business financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newtek Business' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Interest Expense of 71.1 M or Selling General Administrative of 23.7 M, as well as many indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.059 or PTB Ratio of 2.09. Newtek financial statements analysis is a perfect complement when working with Newtek Business Valuation or Volatility modules.
  
Check out the analysis of Newtek Business Correlation against competitors.

Latest Newtek Business' Cash Conversion Cycle Growth Pattern

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

Newtek Cash Conversion Cycle Regression Statistics

Arithmetic Mean554.06
Geometric Mean31.54
Coefficient Of Variation201.54
Mean Deviation846.81
Median33.45
Standard Deviation1,117
Sample Variance1.2M
Range3.1K
R-Value0.34
Mean Square Error1.2M
R-Squared0.12
Significance0.21
Slope84.95
Total Sum of Squares17.5M

Newtek Cash Conversion Cycle History

2024 0.25
2023 0.26
2022 0.29
2021 3007.96
2020 2039.9
2019 2965.42
2018 215.56

About Newtek Business Financial Statements

Newtek Business shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Newtek Business investors may analyze each financial statement separately, they are all interrelated. The changes in Newtek Business' assets and liabilities, for example, are also reflected in the revenues and expenses on on Newtek Business' 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 0.26  0.25 

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Additional Tools for Newtek Stock Analysis

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