Nova Operating Cycle from 2010 to 2024

NVFY Stock  USD 0.47  0.01  2.57%   
Nova Lifestyle Operating Cycle yearly trend continues to be fairly stable with very little volatility. Operating Cycle is likely to outpace its year average in 2024. During the period from 2010 to 2024, Nova Lifestyle Operating Cycle regression line of annual values had r-squared of  0.04 and arithmetic mean of  225.72. View All Fundamentals
 
Operating Cycle  
First Reported
2010-12-31
Previous Quarter
124.6998901
Current Value
185.59
Quarterly Volatility
117.02457838
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Lifestyle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Lifestyle's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 6.1 M or Total Revenue of 10.5 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 12.41. Nova financial statements analysis is a perfect complement when working with Nova Lifestyle Valuation or Volatility modules.
  
Check out the analysis of Nova Lifestyle Correlation against competitors.

Latest Nova Lifestyle's Operating Cycle Growth Pattern

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

Nova Operating Cycle Regression Statistics

Arithmetic Mean225.72
Geometric Mean203.92
Coefficient Of Variation51.84
Mean Deviation85.94
Median184.41
Standard Deviation117.02
Sample Variance13,695
Range433
R-Value0.21
Mean Square Error14,107
R-Squared0.04
Significance0.46
Slope5.46
Total Sum of Squares191,727

Nova Operating Cycle History

2024 185.59
2023 124.7
2022 98.24
2021 290.08
2020 419.9
2019 531.28
2018 306.19

About Nova Lifestyle Financial Statements

Nova Lifestyle investors use historical fundamental indicators, such as Nova Lifestyle's Operating 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 Nova Lifestyle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Cycle 124.70  185.59 

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Additional Tools for Nova Stock Analysis

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