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Chase Packaging (Chase Packaging) Cash Conversion Cycle : 0.00 (As of Mar. 2024)


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What is Chase Packaging Cash Conversion Cycle?

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

Chase Packaging's Days Sales Outstanding for the three months ended in Mar. 2024 was .
Chase Packaging's Days Inventory for the three months ended in Mar. 2024 was 0.
Chase Packaging's Days Payable for the three months ended in Mar. 2024 was 0.
Therefore, Chase Packaging's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 0.00.


Chase Packaging Cash Conversion Cycle Historical Data

The historical data trend for Chase Packaging'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.

Chase Packaging Cash Conversion Cycle Chart

Chase Packaging Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
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Chase Packaging Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Chase Packaging's Cash Conversion Cycle

For the Shell Companies subindustry, Chase Packaging'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.


Chase Packaging's Cash Conversion Cycle Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chase Packaging's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Chase Packaging's Cash Conversion Cycle falls into.



Chase Packaging 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.

Chase Packaging's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

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

Chase Packaging's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+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.


Chase Packaging  (OTCPK:WHLT) 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.


Chase Packaging Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Chase Packaging's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Chase Packaging (Chase Packaging) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 126, Rumson, NJ, USA, 07760
Chase Packaging Corp is a shell company.
Executives
John A Forbes director 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Matthew W Long director 2581 E KERCHER ROAD, GOSHEN IN 46528
Mark C Neilson director 1361 BRIDGEWATER WAY, MISHAWAKA IN 46545
Wayne A Whitener director 101 E. PARK BLVD. STE 955, PLANO TX 75074-0846
William J Barrett director, 10 percent owner, officer: Secretary 210 SUNDIAL COURT, VERO BEACH FL 32963
Allen T Mcinnes director, 10 percent owner, officer: President and CEO 4532 7TH STREET, LUBBOCK TX 79416
Herbert M Gardner director, 10 percent owner, officer: Vice President P O BOX 6199, FAIR HAVEN NJ 07704
Green Ann C W officer: CFO and Assistant Secretary 636 RIVER ROAD, FAIR HAVEN NJ 07704
Edward L Flynn director 211 SOMERVILLE ROAD RTE 202N, BEDMINISTER NJ 07921

Chase Packaging (Chase Packaging) Headlines

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