Synopsys Cash Conversion Cycle from 2010 to 2024

SNPS Stock  USD 511.70  10.41  1.99%   
Synopsys Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle is likely to outpace its year average in 2024. From the period from 2010 to 2024, Synopsys Cash Conversion Cycle quarterly data regression had mean square error of  3,672 and mean deviation of  50.38. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
98.85
Current Value
103.8
Quarterly Volatility
78.8442684
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synopsys financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synopsys' main balance sheet or income statement drivers, such as Depreciation And Amortization of 416.4 M, Interest Expense of 166.1 M or Total Revenue of 6.4 B, as well as many indicators such as Price To Sales Ratio of 13.48, Ptb Ratio of 14.03 or Capex To Depreciation of 0.84. Synopsys financial statements analysis is a perfect complement when working with Synopsys Valuation or Volatility modules.
  
Check out the analysis of Synopsys Correlation against competitors.
For more information on how to buy Synopsys Stock please use our How to Invest in Synopsys guide.

Latest Synopsys' Cash Conversion Cycle Growth Pattern

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

Synopsys Cash Conversion Cycle Regression Statistics

Arithmetic Mean73.11
Coefficient Of Variation107.84
Mean Deviation50.38
Median83.35
Standard Deviation78.84
Sample Variance6,216
Range343
R-Value0.67
Mean Square Error3,672
R-Squared0.45
Significance0.01
Slope11.85
Total Sum of Squares87,030

Synopsys Cash Conversion Cycle History

2024 103.8
2023 98.85
2022 109.84
2021 117.01
2020 134.75
2019 173.13
2018 142.02

About Synopsys Financial Statements

Synopsys shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Synopsys investors may analyze each financial statement separately, they are all interrelated. The changes in Synopsys' assets and liabilities, for example, are also reflected in the revenues and expenses on on Synopsys' 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 98.85  103.80 

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Additional Tools for Synopsys Stock Analysis

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