ServiceNow Cash Conversion Cycle from 2010 to 2024

NOW Stock  USD 1,091  16.38  1.52%   
ServiceNow Cash Conversion Cycle yearly trend continues to be fairly stable with very little volatility. Cash Conversion Cycle will likely drop to 55.95 in 2024. During the period from 2010 to 2024, ServiceNow Cash Conversion Cycle regression line of quarterly data had mean square error of  1,530 and geometric mean of  123.54. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
58.89737776
Current Value
55.95
Quarterly Volatility
48.09184102
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ServiceNow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ServiceNow's main balance sheet or income statement drivers, such as Depreciation And Amortization of 552.3 M, Interest Expense of 21 M or Selling General Administrative of 906.1 M, as well as many indicators such as Price To Sales Ratio of 15.27, Dividend Yield of 1.0E-4 or PTB Ratio of 16.34. ServiceNow financial statements analysis is a perfect complement when working with ServiceNow Valuation or Volatility modules.
  
Check out the analysis of ServiceNow Correlation against competitors.
For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.

Latest ServiceNow's Cash Conversion Cycle Growth Pattern

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

ServiceNow Cash Conversion Cycle Regression Statistics

Arithmetic Mean131.77
Geometric Mean123.54
Coefficient Of Variation36.50
Mean Deviation31.24
Median138.24
Standard Deviation48.09
Sample Variance2,313
Range207
R-Value(0.62)
Mean Square Error1,530
R-Squared0.39
Significance0.01
Slope(6.68)
Total Sum of Squares32,380

ServiceNow Cash Conversion Cycle History

2024 55.95
2023 58.9
2022 108.95
2021 143.78
2020 153.48
2019 144.04
2018 144.41

About ServiceNow Financial Statements

ServiceNow investors use historical fundamental indicators, such as ServiceNow's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in ServiceNow. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 58.90  55.95 

Also Currently Popular

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.

Additional Tools for ServiceNow Stock Analysis

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