GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Defense Technologies International Corp (OTCPK:DTII) » Definitions » Cash Conversion Cycle

Defense Technologies International (Defense Technologies International) Cash Conversion Cycle : 0.00 (As of Jan. 2024)


View and export this data going back to . Start your Free Trial

What is Defense Technologies International Cash Conversion Cycle?

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

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


Defense Technologies International Cash Conversion Cycle Historical Data

The historical data trend for Defense Technologies International'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.

Defense Technologies International Cash Conversion Cycle Chart

Defense Technologies International Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -10,683.27 - -

Defense Technologies International 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 - - - -1,029.67 -

Competitive Comparison of Defense Technologies International's Cash Conversion Cycle

For the Security & Protection Services subindustry, Defense Technologies International'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.


Defense Technologies International's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Defense Technologies International's Cash Conversion Cycle distribution charts can be found below:

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



Defense Technologies International 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.

Defense Technologies International's Cash Conversion Cycle for the fiscal year that ended in Apr. 2023 is calculated as

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

Defense Technologies International'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.


Defense Technologies International  (OTCPK:DTII) 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.


Defense Technologies International Cash Conversion Cycle Related Terms

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


Defense Technologies International (Defense Technologies International) Business Description

Traded in Other Exchanges
N/A
Address
2683 Via De La Valle, Suite G418, Del Mar, CA, USA, 92014
Defense Technologies International Corp is a United States-based company providing solutions for risks and threats. The company offers defense detection and protection products to improve security for military personnel, schools, and other public facilities. It offers DTC Offender Alert Passive Scan, a passive scanning system for detecting and identifying concealed threats. The company also offers services including single and multiple year warranty extension service and Passive Scan operator training course. It operates in one segment, the defense, detection and protection products industry.

Defense Technologies International (Defense Technologies International) Headlines

No Headlines