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Zooz Power (XTAE:ZOOZ) Cash Conversion Cycle : 492.86 (As of Dec. 2024)


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What is Zooz Power Cash Conversion Cycle?

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

Zooz Power's Days Sales Outstanding for the six months ended in Dec. 2024 was 0.
Zooz Power's Days Inventory for the six months ended in Dec. 2024 was 563.43.
Zooz Power's Days Payable for the six months ended in Dec. 2024 was 70.57.
Therefore, Zooz Power's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 492.86.


Zooz Power Cash Conversion Cycle Historical Data

The historical data trend for Zooz Power'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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Zooz Power Cash Conversion Cycle Chart

Zooz Power Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
- 2,631.27 350.97 518.07

Zooz Power Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
Cash Conversion Cycle - 238.52 475.22 544.24 492.86

Competitive Comparison of Zooz Power's Cash Conversion Cycle

For the Specialty Retail subindustry, Zooz Power'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.


Zooz Power's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zooz Power's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Zooz Power's Cash Conversion Cycle falls into.


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Zooz Power 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.

Zooz Power's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+617.62-99.55
=518.07

Zooz Power's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+563.43-70.57
=492.86

* 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.


Zooz Power  (XTAE:ZOOZ) 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.


Zooz Power Cash Conversion Cycle Related Terms

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Zooz Power Business Description

Traded in Other Exchanges
Address
4B Hamelacha Street, Lod, ISR, 7152008
Zooz Power Ltd is a provider of Flywheel-based Power Boosting solutions enabling widespread deployment of ultra-fast charging infrastructure for electric vehicles (EV) while overcoming existing grid limitations. ZOOZ pioneers its flywheel-based power boosting technology, enabling efficient utilization and power management of a power-limited grid at an EV charging site. Its Flywheel technology allows high-performance, reliable, and cost-effective ultra-fast charging infrastructure. ZOOZ Power's sustainable, power-boosting solutions are built with longevity and the environment in mind, helping its customers and partners accelerate the deployment of fast-charging infrastructure, thus facilitating improved utilization rates, efficiency and greater flexibility.