Steelcase Cash Conversion Cycle from 2010 to 2024

SCS Stock  USD 13.72  0.25  1.86%   
Steelcase Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 29.03 in 2024. From the period from 2010 to 2024, Steelcase Cash Conversion Cycle quarterly data regression had r-value of (0.04) and coefficient of variation of  22.89. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
42.42951787
Current Value
29.02681672
Quarterly Volatility
8.97994822
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Latest Steelcase's Cash Conversion Cycle Growth Pattern

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

Steelcase Cash Conversion Cycle Regression Statistics

Arithmetic Mean39.24
Geometric Mean38.31
Coefficient Of Variation22.89
Mean Deviation5.37
Median38.83
Standard Deviation8.98
Sample Variance80.64
Range38.1262
R-Value(0.04)
Mean Square Error86.71
R-Squared0
Significance0.89
Slope(0.08)
Total Sum of Squares1,129

Steelcase Cash Conversion Cycle History

2024 29.03
2019 42.43
2013 38.83
2011 25.42
2010 63.55

About Steelcase Financial Statements

Steelcase shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase'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 42.43  29.03 

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Additional Tools for Steelcase Stock Analysis

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