Digi Cash Conversion Cycle from 2010 to 2024

DGII Stock  USD 32.67  0.03  0.09%   
Digi International's Cash Conversion Cycle is increasing with very volatile movements from year to year. Cash Conversion Cycle is estimated to finish at 144.30 this year. For the period between 2010 and 2024, Digi International, Cash Conversion Cycle quarterly trend regression had mean deviation of  15.12 and range of 60.8248. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
121.98086816
Current Value
144.3
Quarterly Volatility
18.37459737
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digi International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digi International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 41 M, Interest Expense of 16.2 M or Selling General Administrative of 37.7 M, as well as many indicators such as Price To Sales Ratio of 2.26, Dividend Yield of 0.0 or PTB Ratio of 2.85. Digi financial statements analysis is a perfect complement when working with Digi International Valuation or Volatility modules.
  
Check out the analysis of Digi International Correlation against competitors.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.

Latest Digi International's Cash Conversion Cycle Growth Pattern

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

Digi Cash Conversion Cycle Regression Statistics

Arithmetic Mean135.63
Geometric Mean134.50
Coefficient Of Variation13.55
Mean Deviation15.12
Median131.18
Standard Deviation18.37
Sample Variance337.63
Range60.8248
R-Value0.02
Mean Square Error363.45
R-Squared0.0004
Significance0.94
Slope0.08
Total Sum of Squares4,727

Digi Cash Conversion Cycle History

2024 144.3
2023 121.98
2022 154.41
2021 134.15
2020 106.58
2019 140.81
2018 131.18

About Digi International Financial Statements

Investors use fundamental indicators, such as Digi International's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Digi International's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Cash Conversion Cycle 121.98  144.30 

Currently Active Assets on Macroaxis

When determining whether Digi International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Digi International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Digi International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Digi International Stock:
Check out the analysis of Digi International Correlation against competitors.
For more detail on how to invest in Digi Stock please use our How to Invest in Digi International guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Communications Equipment 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 Digi International. If investors know Digi 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 Digi International 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
0.881
Earnings Share
0.61
Revenue Per Share
11.677
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0364
The market value of Digi International is measured differently than its book value, which is the value of Digi that is recorded on the company's balance sheet. Investors also form their own opinion of Digi International's value that differs from its market value or its book value, called intrinsic value, which is Digi International'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 Digi International's market value can be influenced by many factors that don't directly affect Digi International'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 Digi International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Digi International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Digi International'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.