Pennant Cash Conversion Cycle from 2010 to 2025

PNTG Stock  USD 22.77  2.77  10.85%   
Pennant's Cash Conversion Cycle is increasing over the last several years with slightly volatile swings. Cash Conversion Cycle is predicted to flatten to 24.88. During the period from 2010 to 2025 Pennant Group Cash Conversion Cycle regressed destribution of quarterly values had coefficient of variationof  16.50 and r-value of  0.46. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
42.68343306
Current Value
24.88
Quarterly Volatility
4.7872673
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pennant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pennant's main balance sheet or income statement drivers, such as Tax Provision of 2.7 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 4.4 M, as well as many indicators such as Price To Sales Ratio of 1.97, Dividend Yield of 0.0101 or PTB Ratio of 2.68. Pennant financial statements analysis is a perfect complement when working with Pennant Valuation or Volatility modules.
  
Check out the analysis of Pennant Correlation against competitors.

Latest Pennant's Cash Conversion Cycle Growth Pattern

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

Pennant Cash Conversion Cycle Regression Statistics

Arithmetic Mean29.01
Geometric Mean28.69
Coefficient Of Variation16.50
Mean Deviation3.49
Median27.21
Standard Deviation4.79
Sample Variance22.92
Range18.7299
R-Value0.46
Mean Square Error19.26
R-Squared0.22
Significance0.07
Slope0.47
Total Sum of Squares343.77

Pennant Cash Conversion Cycle History

2025 24.88
2024 42.68
2023 32.66
2022 29.19
2021 35.0
2020 33.48
2019 23.95

About Pennant Financial Statements

Pennant stakeholders use historical fundamental indicators, such as Pennant's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Pennant investors may analyze each financial statement separately, they are all interrelated. For example, changes in Pennant's assets and liabilities are reflected in the revenues and expenses on Pennant's 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 Pennant Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 42.68  24.88 

Currently Active Assets on Macroaxis

When determining whether Pennant Group is a strong investment it is important to analyze Pennant's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pennant's future performance. For an informed investment choice regarding Pennant Stock, refer to the following important reports:
Check out the analysis of Pennant Correlation against competitors.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Health Care Providers & Services 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 Pennant. If investors know Pennant 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 Pennant 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
0.159
Earnings Share
0.7
Revenue Per Share
22.29
Quarterly Revenue Growth
0.294
Return On Assets
0.0384
The market value of Pennant Group is measured differently than its book value, which is the value of Pennant that is recorded on the company's balance sheet. Investors also form their own opinion of Pennant's value that differs from its market value or its book value, called intrinsic value, which is Pennant's 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 Pennant's market value can be influenced by many factors that don't directly affect Pennant's 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 Pennant's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pennant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pennant's 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.