MYR Operating Cycle from 2010 to 2024

MYRG Stock  USD 143.92  8.07  5.31%   
MYR's Operating Cycle is increasing over the last several years with stable swings. Operating Cycle is predicted to flatten to 66.00. During the period from 2010 to 2024 MYR Group Operating Cycle regressed destribution of quarterly values had coefficient of variationof  13.79 and r-value of  0.17. View All Fundamentals
 
Operating Cycle  
First Reported
2010-12-31
Previous Quarter
95.64070688
Current Value
66
Quarterly Volatility
12.7435935
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MYR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MYR main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.1 M, Interest Expense of 5.2 M or Total Revenue of 3.8 B, as well as many exotic indicators such as Price To Sales Ratio of 0.63, Dividend Yield of 0.17 or PTB Ratio of 3.52. MYR financial statements analysis is a perfect complement when working with MYR Valuation or Volatility modules.
  
This module can also supplement MYR's financial leverage analysis and stock options assessment as well as various MYR Technical models . Check out the analysis of MYR Correlation against competitors.

Latest MYR's Operating Cycle Growth Pattern

Below is the plot of the Operating Cycle of MYR Group over the last few years. It is MYR's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MYR's overall financial position and show how it may be relating to other accounts over time.
Operating Cycle10 Years Trend
Pretty Stable
   Operating Cycle   
       Timeline  

MYR Operating Cycle Regression Statistics

Arithmetic Mean92.41
Geometric Mean91.50
Coefficient Of Variation13.79
Mean Deviation9.28
Median95.16
Standard Deviation12.74
Sample Variance162.40
Range43.4831
R-Value0.17
Mean Square Error170.06
R-Squared0.03
Significance0.55
Slope0.47
Total Sum of Squares2,274

MYR Operating Cycle History

2024 66.0
2023 95.64
2022 96.02
2021 98.19
2020 95.03
2019 108.2
2018 109.48

About MYR Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MYR income statement, its balance sheet, and the statement of cash flows. MYR investors use historical funamental indicators, such as MYR's Operating Cycle, to determine how well the company is positioned to perform in the future. Although MYR investors may use each financial statement separately, they are all related. The changes in MYR's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MYR'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 MYR Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MYR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Cycle 95.64  66.00 

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
When determining whether MYR Group is a strong investment it is important to analyze MYR'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 MYR's future performance. For an informed investment choice regarding MYR Stock, refer to the following important reports:
Check out the analysis of MYR Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for MYR Stock analysis

When running MYR's price analysis, check to measure MYR's 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 MYR is operating at the current time. Most of MYR's value examination focuses on studying past and present price action to predict the probability of MYR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYR's price. Additionally, you may evaluate how the addition of MYR to your portfolios can decrease your overall portfolio volatility.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Is MYR's industry 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 MYR. If investors know MYR 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 MYR 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
(0.19)
Earnings Share
5.14
Revenue Per Share
218.366
Quarterly Revenue Growth
0.005
Return On Assets
0.0516
The market value of MYR Group is measured differently than its book value, which is the value of MYR that is recorded on the company's balance sheet. Investors also form their own opinion of MYR's value that differs from its market value or its book value, called intrinsic value, which is MYR'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 MYR's market value can be influenced by many factors that don't directly affect MYR'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 MYR's value and its price as these two are different measures arrived at by different means. Investors typically determine if MYR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MYR'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.