Gogo Cash Conversion Cycle from 2010 to 2024

GOGO Stock  USD 10.63  0.09  0.85%   
Gogo Cash Conversion Cycle yearly trend continues to be very stable with very little volatility. Cash Conversion Cycle is likely to grow to 191.40 this year. During the period from 2010 to 2024, Gogo Cash Conversion Cycle quarterly data regression pattern had range of 192 and standard deviation of  67.94. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
182.28736019
Current Value
191.4
Quarterly Volatility
67.94035706
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gogo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gogo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.9 M, Interest Expense of 64.3 M or Selling General Administrative of 71.2 M, as well as many indicators such as Price To Sales Ratio of 3.14, Dividend Yield of 0.0 or PTB Ratio of 33.89. Gogo financial statements analysis is a perfect complement when working with Gogo Valuation or Volatility modules.
  
Check out the analysis of Gogo Correlation against competitors.

Latest Gogo's Cash Conversion Cycle Growth Pattern

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

Gogo Cash Conversion Cycle Regression Statistics

Arithmetic Mean87.41
Coefficient Of Variation77.72
Mean Deviation58.60
Median82.11
Standard Deviation67.94
Sample Variance4,616
Range192
R-Value0.91
Mean Square Error810.24
R-Squared0.84
Slope13.90
Total Sum of Squares64,622

Gogo Cash Conversion Cycle History

2024 191.4
2023 182.29
2022 145.25
2021 100.93
2020 127.88
2019 128.63
2018 175.02

About Gogo Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Gogo income statement, its balance sheet, and the statement of cash flows. Gogo investors use historical funamental indicators, such as Gogo's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Gogo investors may use each financial statement separately, they are all related. The changes in Gogo's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gogo's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Gogo Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Gogo. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 182.29  191.40 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Information and Resources on Investing in Gogo Stock

When determining whether Gogo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gogo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gogo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gogo Inc Stock:
Check out the analysis of Gogo Correlation against competitors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Wireless Telecommunication Services 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 Gogo. If investors know Gogo 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 Gogo 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
0.533
Earnings Share
1.17
Revenue Per Share
3.107
Quarterly Revenue Growth
0.058
Return On Assets
0.1012
The market value of Gogo Inc is measured differently than its book value, which is the value of Gogo that is recorded on the company's balance sheet. Investors also form their own opinion of Gogo's value that differs from its market value or its book value, called intrinsic value, which is Gogo'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 Gogo's market value can be influenced by many factors that don't directly affect Gogo'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 Gogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gogo'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.