Heritage Global Cash Conversion Cycle 2011-2026 | HGBL

Annual Cash Conversion Cycle Heritage Global

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
8.74	14.5	29.9	-214	-334	-507	-369	-190	-337	56.9	-444	7.17	76.4

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
76.4	-507	-169

Quarterly Cash Conversion Cycle Heritage Global

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
16.1	12.2	10.9	-	8.44	-	-	-	17	14.7	6.28	-	12.9	19.8	27.4	-	45	42.4	24.4	-	18	22.3	36.1	-	25.6	22.9	15.7	-	7.12	5.36	6.15	-	7.4	3.66	-	-	-	-	-	-	69.8	61.9	23.6	-	3.75	22.3	70.3	-	133	299	77.1	-	46	24.9	26.7	-	31	6.4	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
299	3.66	34.8

Cash Conversion Cycle of other stocks in the Capital markets industry

Issuer	Cash Conversion Cycle	Price	% 24h	Market Cap	Country
Mercurity Fintech Holding MFH	-20.3	-	2.62 %	$ 691 M	China
ATIF Holdings Limited ATIF	48.4	-	-7.31 %	$ 6.56 M	China
A-Mark Precious Metals AMRK	24.2	-	-	$ 675 M	USA
Westwood Holdings Group WHG	58.2	$ 15.89	-0.69 %	$ 133 M	USA
Focus Financial Partners FOCS	35.4	-	-	$ 4.16 B	USA
Evercore EVR	46	$ 279.05	-2.0 %	$ 10.8 B	USA
AMTD International Inc. HKIB	9.86	-	1.56 %	$ 798 M	Hong-kong
JMP Group LLC JMP	-41.3	-	0.27 %	$ 150 M	USA
China Finance Online Co. Limited JRJC	-2.34 K	-	-1.71 %	$ 15.5 M	China
Hudson Capital HUSN	118	-	5.06 %	$ 12 M	China
Nomura Holdings NMR	21.3	$ 7.58	-2.07 %	$ 22.4 q	Japan
Freedom Holding Corp. FRHC	1.93	$ 141.19	-1.39 %	$ 8.39 B	Kazakhstan
Interactive Brokers Group IBKR	5.26	$ 64.2	-3.02 %	$ 6.94 B	USA
Oppenheimer Holdings OPY	297	$ 87.46	-1.76 %	$ 905 M	USA
Cowen COWN	-3.23	-	-	$ 1.1 B	USA
LPL Financial Holdings LPLA	-162	$ 296.9	-2.25 %	$ 23.4 B	USA
GAMCO Investors GBL	20.7	-	-8.2 %	$ 390 M	USA
Greenhill & Co. GHL	29.6	-	-0.13 %	$ 272 M	USA
Moelis & Company MC	1.85 K	$ 54.28	-2.09 %	$ 4.21 B	USA
Donnelley Financial Solutions DFIN	39.3	$ 45.76	-2.49 %	$ 1.26 B	USA
Houlihan Lokey HLI	3.68	$ 139.0	-1.52 %	$ 9.14 B	USA
MarketAxess Holdings MKTX	-17.1	$ 164.12	-1.56 %	$ 6.08 B	USA
Associated Capital Group AC	585	-	-8.02 %	$ 673 K	USA
UP Fintech Holding Limited TIGR	140	$ 6.07	-2.1 %	$ 14.6 B	China
Virtu Financial VIRT	199	$ 42.52	-2.12 %	$ 3.62 B	USA
Futu Holdings Limited FUTU	0.51	$ 133.94	-1.76 %	$ 148 B	China
Lazard Ltd LAZ	94.6	$ 39.11	-5.19 %	$ 3.81 B	Bermuda
Piper Sandler Companies PIPR	0.43	$ 73.02	-2.7 %	$ 1.23 B	USA
PJT Partners PJT	108	$ 136.5	-1.94 %	$ 5.38 B	USA
Raymond James Financial RJF	-78.4	$ 141.32	-2.0 %	$ 28.5 B	USA
Stifel Financial Corp. SF	-71	$ 70.93	-1.81 %	$ 7.34 B	USA
StoneX Group SNEX	2.27	$ 78.36	0.51 %	$ 3.72 B	USA
Scully Royalty Ltd. SRL	0.47	$ 7.39	-5.26 %	$ 89.1 M	Canada
Tradeweb Markets TW	-76	$ 116.57	-0.91 %	$ 24.9 B	USA