Vertex Cash Conversion Cycle from 2010 to 2024

VRTX Stock  USD 465.73  2.40  0.51%   
Vertex Pharmaceuticals Cash Conversion Cycle yearly trend continues to be fairly stable with very little volatility. Cash Conversion Cycle is likely to outpace its year average in 2024. During the period from 2010 to 2024, Vertex Pharmaceuticals Cash Conversion Cycle regression line of annual values had significance of  0.18 and arithmetic mean of  73.45. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
165.94390521
Current Value
174.24
Quarterly Volatility
108.18333722
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Vertex Pharmaceuticals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Vertex Pharmaceuticals' main balance sheet or income statement drivers, such as Total Revenue of 10.4 B, Gross Profit of 9 B or Other Operating Expenses of 6.3 B, as well as many indicators such as Price To Sales Ratio of 10.09, Dividend Yield of 0.0 or PTB Ratio of 7.46. Vertex financial statements analysis is a perfect complement when working with Vertex Pharmaceuticals Valuation or Volatility modules.
  
Check out the analysis of Vertex Pharmaceuticals Correlation against competitors.
For more information on how to buy Vertex Stock please use our How to Invest in Vertex Pharmaceuticals guide.

Latest Vertex Pharmaceuticals' Cash Conversion Cycle Growth Pattern

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

Vertex Cash Conversion Cycle Regression Statistics

Arithmetic Mean73.45
Coefficient Of Variation147.29
Mean Deviation81.36
Median108.78
Standard Deviation108.18
Sample Variance11,704
Range404
R-Value0.36
Mean Square Error10,945
R-Squared0.13
Significance0.18
Slope8.78
Total Sum of Squares163,851

Vertex Cash Conversion Cycle History

2024 174.24
2023 165.94
2022 111.89
2021 118.6
2020 114.36
2019 108.78
2018 60.99

About Vertex Pharmaceuticals Financial Statements

Vertex Pharmaceuticals investors use historical fundamental indicators, such as Vertex Pharmaceuticals' 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 Vertex Pharmaceuticals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 165.94  174.24 

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Additional Tools for Vertex Stock Analysis

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