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AAPKI Ventures (XCNQ:APKI) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is AAPKI Ventures Cash Conversion Cycle?

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

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


AAPKI Ventures Cash Conversion Cycle Historical Data

The historical data trend for AAPKI Ventures'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.

AAPKI Ventures Cash Conversion Cycle Chart

AAPKI Ventures Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,610.89 - - - -

AAPKI Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 AAPKI Ventures's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, AAPKI Ventures'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.


AAPKI Ventures's Cash Conversion Cycle Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, AAPKI Ventures's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where AAPKI Ventures's Cash Conversion Cycle falls into.



AAPKI Ventures 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.

AAPKI Ventures's Cash Conversion Cycle for the fiscal year that ended in Sep. 2023 is calculated as

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

AAPKI Ventures'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+0-0
=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.


AAPKI Ventures  (XCNQ:APKI) 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.


AAPKI Ventures Cash Conversion Cycle Related Terms

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AAPKI Ventures (XCNQ:APKI) Business Description

Traded in Other Exchanges
Address
9648-128th Street, Suite 210, Surrey, BC, CAN, V3T 2X9
AAPKI Ventures Inc, formerly Pushfor Tech Inc is engaged in investing in both public and private companies in technology, opportunistic natural resources and others. The business operates through the Software Development division which provides a patented content-sharing platform that allows clients to communicate and share information securely.

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