TriMas Cash Conversion Cycle from 2010 to 2024

TRS Stock  USD 24.59  0.05  0.20%   
TriMas Cash Conversion Cycle yearly trend continues to be comparatively stable with very little volatility. Cash Conversion Cycle will likely drop to 67.98 in 2024. From the period from 2010 to 2024, TriMas Cash Conversion Cycle quarterly data regression had r-value of  0.08 and coefficient of variation of  17.45. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
113.48061248
Current Value
67.98
Quarterly Volatility
16.51937327
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TriMas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriMas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.9 M, Interest Expense of 22.5 M or Total Revenue of 948.7 M, as well as many indicators such as Price To Sales Ratio of 1.12, Dividend Yield of 0.0061 or PTB Ratio of 1.46. TriMas financial statements analysis is a perfect complement when working with TriMas Valuation or Volatility modules.
  
Check out the analysis of TriMas Correlation against competitors.
For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.

Latest TriMas' Cash Conversion Cycle Growth Pattern

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

TriMas Cash Conversion Cycle Regression Statistics

Arithmetic Mean94.65
Geometric Mean93.15
Coefficient Of Variation17.45
Mean Deviation12.83
Median97.43
Standard Deviation16.52
Sample Variance272.89
Range56.1959
R-Value0.08
Mean Square Error291.82
R-Squared0.01
Significance0.77
Slope0.31
Total Sum of Squares3,820

TriMas Cash Conversion Cycle History

2024 67.98
2023 113.48
2022 96.89
2021 90.37
2020 103.1
2019 96.26
2018 101.38

About TriMas Financial Statements

TriMas shareholders use historical fundamental indicators, such as Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although TriMas investors may analyze each financial statement separately, they are all interrelated. The changes in TriMas' assets and liabilities, for example, are also reflected in the revenues and expenses on on TriMas' 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 113.48  67.98 

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Additional Tools for TriMas Stock Analysis

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