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Venzee Technologies (Venzee Technologies) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Venzee Technologies Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Venzee Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.
Venzee Technologies's Days Inventory for the three months ended in Dec. 2023 was 0.
Venzee Technologies's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, Venzee Technologies's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 0.00.


Venzee Technologies Cash Conversion Cycle Historical Data

The historical data trend for Venzee Technologies's Cash Conversion Cycle can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Venzee Technologies Cash Conversion Cycle Chart

Venzee Technologies Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Dec18 Dec19 Dec20 Dec21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 55.01 87.91 239.86 37.57

Venzee Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 410.63 56.15 - - -

Competitive Comparison of Venzee Technologies's Cash Conversion Cycle

For the Software - Infrastructure subindustry, Venzee Technologies's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Venzee Technologies's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, Venzee Technologies's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Venzee Technologies's Cash Conversion Cycle falls into.



Venzee Technologies Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Venzee Technologies's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=37.57+0-0
=37.57

Venzee Technologies's Cash Conversion Cycle for the quarter that ended in Dec. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Venzee Technologies  (OTCPK:VENZF) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Venzee Technologies Cash Conversion Cycle Related Terms

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Venzee Technologies (Venzee Technologies) Business Description

Traded in Other Exchanges
Address
422 Richards Street, Suite 170, Vancouver, BC, CAN, V6B 2Z4
Venzee Technologies Inc is engaged in developing software infrastructure retailers. It develops and markets a cloud-based platform that suppliers and manufacturers from multiple industries use to share their product information and inventory updates, in real-time, with their retailers. The Company operates in one operating segment, which is a cloud-based platform solution targeted to online retailers and vendors. Geographically, the company generates a majority of revenue from the United States.

Venzee Technologies (Venzee Technologies) Headlines