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Gladstone Investment (Gladstone Investment) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Gladstone Investment Cash Conversion Cycle?

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

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


Gladstone Investment Cash Conversion Cycle Historical Data

The historical data trend for Gladstone Investment'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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Gladstone Investment Cash Conversion Cycle Chart

Gladstone Investment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
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Gladstone Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Gladstone Investment's Cash Conversion Cycle

For the Asset Management subindustry, Gladstone Investment'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.


Gladstone Investment's Cash Conversion Cycle Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gladstone Investment's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Gladstone Investment's Cash Conversion Cycle falls into.



Gladstone Investment 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.

Gladstone Investment's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

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

Gladstone Investment'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+-
=0.00

* 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.


Gladstone Investment  (NAS:GAINN.PFD) 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.


Gladstone Investment Cash Conversion Cycle Related Terms

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Gladstone Investment (Gladstone Investment) Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Investment Corp is a business development company. The company's investment objective is to invest achieve and grow current income by investing in debt securities of established businesses that will provide stable earnings and cash flow, and provide its stockholders with long-term capital appreciation by investing in equity securities. The company's investment sectors include Business service/distribution, Consumer products, and manufacturing. Its portfolio consists of the following industries Conglomerate Services, Home and Office Furnishings, Housewares, Durable Consumer Products, Leisure, Motion Pictures, Entertainment, Conglomerate Manufacturing, Chemicals, Telecommunications, Aerospace and Defense, and others. Its investment activities are carried across the United States.

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