Tecnoglass Cash Conversion Cycle from 2010 to 2024

TGLS Stock  USD 85.52  3.88  4.75%   
Tecnoglass 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, Tecnoglass Cash Conversion Cycle quarterly data regression had r-value of  0.41 and coefficient of variation of  26.91. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
147.22218669
Current Value
167.63
Quarterly Volatility
38.76366037
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tecnoglass financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tecnoglass' main balance sheet or income statement drivers, such as Depreciation And Amortization of 18 M, Interest Expense of 15.2 M or Selling General Administrative of 33.3 M, as well as many indicators such as Price To Sales Ratio of 2.74, Dividend Yield of 0.0101 or PTB Ratio of 2.65. Tecnoglass financial statements analysis is a perfect complement when working with Tecnoglass Valuation or Volatility modules.
  
Check out the analysis of Tecnoglass Correlation against competitors.
For more information on how to buy Tecnoglass Stock please use our How to Invest in Tecnoglass guide.

Latest Tecnoglass' Cash Conversion Cycle Growth Pattern

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

Tecnoglass Cash Conversion Cycle Regression Statistics

Arithmetic Mean144.05
Geometric Mean138.44
Coefficient Of Variation26.91
Mean Deviation31.64
Median155.62
Standard Deviation38.76
Sample Variance1,503
Range120
R-Value0.41
Mean Square Error1,344
R-Squared0.17
Significance0.13
Slope3.57
Total Sum of Squares21,037

Tecnoglass Cash Conversion Cycle History

2024 167.63
2023 147.22
2022 123.41
2021 117.54
2020 176.29
2019 161.83
2018 183.01

About Tecnoglass Financial Statements

Tecnoglass shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Tecnoglass investors may analyze each financial statement separately, they are all interrelated. The changes in Tecnoglass' assets and liabilities, for example, are also reflected in the revenues and expenses on on Tecnoglass' 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 147.22  167.63 

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Additional Tools for Tecnoglass Stock Analysis

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