Plains Cash Conversion Cycle from 2010 to 2024

PAGP Stock  USD 18.76  0.16  0.85%   
Plains GP Cash Conversion Cycle yearly trend continues to be relatively stable with very little volatility. Cash Conversion Cycle is likely to drop to 2.43. During the period from 2010 to 2024, Plains GP Cash Conversion Cycle destribution of quarterly values had range of 44.2174 from its regression line and mean deviation of  10.16. View All Fundamentals
 
Cash Conversion Cycle  
First Reported
2010-12-31
Previous Quarter
2.55619697
Current Value
2.43
Quarterly Volatility
14.75230865
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Plains GP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plains main balance sheet or income statement drivers, such as Depreciation And Amortization of 615.9 M, Interest Expense of 425.9 M or Selling General Administrative of 338.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.12 or PTB Ratio of 2.11. Plains financial statements analysis is a perfect complement when working with Plains GP Valuation or Volatility modules.
  
This module can also supplement Plains GP's financial leverage analysis and stock options assessment as well as various Plains GP Technical models . Check out the analysis of Plains GP Correlation against competitors.

Latest Plains GP's Cash Conversion Cycle Growth Pattern

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

Plains Cash Conversion Cycle Regression Statistics

Arithmetic Mean10.55
Geometric Mean5.22
Coefficient Of Variation139.89
Mean Deviation10.16
Median3.42
Standard Deviation14.75
Sample Variance217.63
Range44.2174
R-Value(0.65)
Mean Square Error134.09
R-Squared0.43
Significance0.01
Slope(2.16)
Total Sum of Squares3,047

Plains Cash Conversion Cycle History

2024 2.43
2023 2.56
2022 2.52
2021 3.39
2020 9.23
2019 1.74
2018 1.44

About Plains GP Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Plains GP income statement, its balance sheet, and the statement of cash flows. Plains GP investors use historical funamental indicators, such as Plains GP's Cash Conversion Cycle, to determine how well the company is positioned to perform in the future. Although Plains GP investors may use each financial statement separately, they are all related. The changes in Plains GP's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Plains GP'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 Plains GP Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Plains GP. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash Conversion Cycle 2.56  2.43 

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When determining whether Plains GP Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Plains Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Plains Gp Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Plains Gp Holdings Stock:
Check out the analysis of Plains GP Correlation against competitors.
Note that the Plains GP Holdings information on this page should be used as a complementary analysis to other Plains GP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Plains GP's price analysis, check to measure Plains GP'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 Plains GP is operating at the current time. Most of Plains GP's value examination focuses on studying past and present price action to predict the probability of Plains GP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains GP's price. Additionally, you may evaluate how the addition of Plains GP to your portfolios can decrease your overall portfolio volatility.
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Is Plains GP'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 Plains GP. If investors know Plains 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 Plains GP 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
(0.67)
Dividend Share
1.12
Earnings Share
1.01
Revenue Per Share
249.805
Quarterly Revenue Growth
(0.02)
The market value of Plains GP Holdings is measured differently than its book value, which is the value of Plains that is recorded on the company's balance sheet. Investors also form their own opinion of Plains GP's value that differs from its market value or its book value, called intrinsic value, which is Plains GP'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 Plains GP's market value can be influenced by many factors that don't directly affect Plains GP'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 Plains GP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plains GP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plains GP'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.