Harmony Cash Conversion Cycle from 2010 to 2024

HMY Stock  USD 8.37  0.06  0.71%   
Harmony Gold Cash Conversion Cycle yearly trend continues to be fairly stable with very little volatility. Cash Conversion Cycle will likely drop to 20.58 in 2024. During the period from 2010 to 2024, Harmony Gold Cash Conversion Cycle regression line of annual values had significance of  0.51 and arithmetic mean of  21.87. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
32.42268915
Current Value
20.58
Quarterly Volatility
20.45292892
 
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Yuan Drop
 
Covid
Check Harmony Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Harmony Gold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 B, Interest Expense of 835.8 M or Total Revenue of 64.4 B, as well as many indicators such as Price To Sales Ratio of 1.96, Dividend Yield of 0.0174 or PTB Ratio of 1.32. Harmony financial statements analysis is a perfect complement when working with Harmony Gold Valuation or Volatility modules.
  
Check out the analysis of Harmony Gold Correlation against competitors.

Latest Harmony Gold's Cash Conversion Cycle Growth Pattern

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

Harmony Cash Conversion Cycle Regression Statistics

Arithmetic Mean21.87
Coefficient Of Variation93.52
Mean Deviation13.36
Median20.58
Standard Deviation20.45
Sample Variance418.32
Range89.3638
R-Value0.18
Mean Square Error435.21
R-Squared0.03
Significance0.51
Slope0.84
Total Sum of Squares5,857

Harmony Cash Conversion Cycle History

2024 20.58
2023 32.42
2022 35.36
2021 14.4
2020 14.04
2019 39.5
2018 15.86

About Harmony Gold Financial Statements

Harmony Gold investors use historical fundamental indicators, such as Harmony Gold'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 Harmony Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 32.42  20.58 

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Additional Tools for Harmony Stock Analysis

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