VerifyMe Cash Conversion Cycle from 2010 to 2024

VRMEW Stock  USD 0.04  0.00  0.00%   
VerifyMe Cash Conversion Cycle yearly trend continues to be fairly stable with very little volatility. Cash Conversion Cycle will likely drop to -11.8 in 2024. During the period from 2010 to 2024, VerifyMe Cash Conversion Cycle regression line of quarterly data had mean square error of 406.6 M and geometric mean of  1,504. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
(11.23)
Current Value
(11.80)
Quarterly Volatility
20 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check VerifyMe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VerifyMe's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Total Revenue of 26.6 M or Gross Profit of 9.5 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 39.03 or PTB Ratio of 0.91. VerifyMe financial statements analysis is a perfect complement when working with VerifyMe Valuation or Volatility modules.
  
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Latest VerifyMe's Cash Conversion Cycle Growth Pattern

Below is the plot of the Cash Conversion Cycle of VerifyMe over the last few years. It is VerifyMe's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VerifyMe's overall financial position and show how it may be relating to other accounts over time.
Cash Conversion Cycle10 Years Trend
Pretty Stable
   Cash Conversion Cycle   
       Timeline  

VerifyMe Cash Conversion Cycle Regression Statistics

Arithmetic Mean(7,239)
Geometric Mean1,504
Coefficient Of Variation(275.91)
Mean Deviation12,685
Median(3,053)
Standard Deviation19,974
Sample Variance399M
Range91.6K
R-Value0.23
Mean Square Error406.6M
R-Squared0.05
Significance0.41
Slope1,034
Total Sum of Squares5.6B

VerifyMe Cash Conversion Cycle History

2024 -11.8
2023 -11.23
2022 -1.81
2021 -268.57
2020 -1903.87
2019 -3053.31

About VerifyMe Financial Statements

VerifyMe investors use historical fundamental indicators, such as VerifyMe'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 VerifyMe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle(11.23)(11.80)

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Additional Tools for VerifyMe Stock Analysis

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