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Concrete Leveling Systems (Concrete Leveling Systems) Cash Conversion Cycle : 0.00 (As of Jan. 2024)


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What is Concrete Leveling Systems Cash Conversion Cycle?

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

Concrete Leveling Systems's Days Sales Outstanding for the three months ended in Jan. 2024 was 0.
Concrete Leveling Systems's Days Inventory for the three months ended in Jan. 2024 was 0.
Concrete Leveling Systems's Days Payable for the three months ended in Jan. 2024 was 0.
Therefore, Concrete Leveling Systems's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2024 was 0.00.


Concrete Leveling Systems Cash Conversion Cycle Historical Data

The historical data trend for Concrete Leveling Systems'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.

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Concrete Leveling Systems Cash Conversion Cycle Chart

Concrete Leveling Systems Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 365.00 365.00 -365.00 - -

Concrete Leveling Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Concrete Leveling Systems's Cash Conversion Cycle

For the Farm & Heavy Construction Machinery subindustry, Concrete Leveling Systems'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.


Concrete Leveling Systems's Cash Conversion Cycle Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Concrete Leveling Systems's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Concrete Leveling Systems's Cash Conversion Cycle falls into.



Concrete Leveling Systems 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.

Concrete Leveling Systems's Cash Conversion Cycle for the fiscal year that ended in Jul. 2023 is calculated as

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

Concrete Leveling Systems's Cash Conversion Cycle for the quarter that ended in Jan. 2024 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.


Concrete Leveling Systems  (OTCPK:CLEV) 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.


Concrete Leveling Systems Cash Conversion Cycle Related Terms

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Concrete Leveling Systems (Concrete Leveling Systems) Business Description

Traded in Other Exchanges
N/A
Address
5046 East Boulevard, Northwest, Canton, OH, USA, 44718
Concrete Leveling Systems Inc is a United States-based company operating in two divisions. The concrete leveling division of the business fabricates and markets a concrete leveling service unit utilized in the concrete leveling industry. The gaming and hospitality division of the business focuses on casino gaming, hospitality, entertainment, and leisure time industries, and will pursue opportunities in the tribal and commercial casino gaming industries, both in California and Nevada.
Executives
Georgiou Family Trust Dated 6/22/09 10 percent owner 2857 PARADISE RD. #3502, LAS VEGAS NV 89109-9046
Ronald J Tassinari 10 percent owner PO BOX 81920, LAS VEGAS NV 89180
Jericho Partners Llc 10 percent owner 33 MAIN ST., NEWTOWN CT 06470
Rt Two Llc 10 percent owner P.O. BOX 81890, LAS VEGAS NV 89180
Robert Tassinari 10 percent owner P.O. BOX 194, NEWKINGSTON NY 12459
Edward A Barth director, 10 percent owner, officer: President 5046 EAST BLVD NW, CANTON OH 44718
Eugene H Swearengin director, officer: Secretary
Suzanne I Barth director, 10 percent owner, officer: President