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Viridis Holdings (Viridis Holdings) Cash Conversion Cycle : 0.00 (As of Sep. 2021)


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What is Viridis Holdings Cash Conversion Cycle?

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

Viridis Holdings's Days Sales Outstanding for the three months ended in Sep. 2021 was 0.
Viridis Holdings's Days Inventory for the three months ended in Sep. 2021 was 0.
Viridis Holdings's Days Payable for the three months ended in Sep. 2021 was 0.
Therefore, Viridis Holdings's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2021 was 0.00.


Viridis Holdings Cash Conversion Cycle Historical Data

The historical data trend for Viridis Holdings'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.

Viridis Holdings Cash Conversion Cycle Chart

Viridis Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.02 - - - -

Viridis Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 - - - - -

Competitive Comparison of Viridis Holdings's Cash Conversion Cycle

For the Lumber & Wood Production subindustry, Viridis Holdings'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.


Viridis Holdings's Cash Conversion Cycle Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Viridis Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Viridis Holdings's Cash Conversion Cycle falls into.



Viridis Holdings 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.

Viridis Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2020 is calculated as

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

Viridis Holdings's Cash Conversion Cycle for the quarter that ended in Sep. 2021 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.


Viridis Holdings  (OTCPK:VRDSF) 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.


Viridis Holdings Cash Conversion Cycle Related Terms

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Viridis Holdings (Viridis Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1075 West Georgia Street, Suite 1650, Vancouver, BC, CAN, V6E 3C9
Viridis Holdings Corp has no operations.

Viridis Holdings (Viridis Holdings) Headlines

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