Gildan Cash Conversion Cycle from 2010 to 2024

GIL Stock  USD 46.85  0.65  1.37%   
Gildan Activewear Cash Conversion Cycle yearly trend continues to be quite stable with very little volatility. The value of Cash Conversion Cycle is projected to decrease to 106.02. From the period between 2010 and 2024, Gildan Activewear, Cash Conversion Cycle regression line of its data series had standard deviation of  21.00 and standard deviation of  21.00. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
154.46567703
Current Value
106.02
Quarterly Volatility
21.00250035
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gildan Activewear financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gildan Activewear's main balance sheet or income statement drivers, such as Depreciation And Amortization of 81.5 M, Interest Expense of 60.1 M or Total Revenue of 1.8 B, as well as many indicators such as Price To Sales Ratio of 1.75, Dividend Yield of 0.0242 or PTB Ratio of 3.76. Gildan financial statements analysis is a perfect complement when working with Gildan Activewear Valuation or Volatility modules.
  
Check out the analysis of Gildan Activewear Correlation against competitors.
For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.

Latest Gildan Activewear's Cash Conversion Cycle Growth Pattern

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

Gildan Cash Conversion Cycle Regression Statistics

Arithmetic Mean162.44
Geometric Mean160.99
Coefficient Of Variation12.93
Mean Deviation16.63
Median161.48
Standard Deviation21.00
Sample Variance441.11
Range74.2377
R-Value(0.85)
Mean Square Error130.51
R-Squared0.73
Significance0.000056
Slope(4.00)
Total Sum of Squares6,175

Gildan Cash Conversion Cycle History

2024 106.02
2023 154.47
2018 150.56
2017 161.48

About Gildan Activewear Financial Statements

Gildan Activewear investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how Gildan Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Conversion Cycle 154.47  106.02 

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Additional Information and Resources on Investing in Gildan Stock

When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gildan Activewear's future performance. For an informed investment choice regarding Gildan Stock, refer to the following important reports:
Check out the analysis of Gildan Activewear Correlation against competitors.
For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gildan Activewear. If investors know Gildan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gildan Activewear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.60)
Dividend Share
0.782
Earnings Share
2.42
Revenue Per Share
18.79
Quarterly Revenue Growth
0.026
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.