Alpine 4 Holdings (Alpine 4 Holdings) Cash Conversion Cycle : 101.18 (As of Jun. 2023)

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What is Alpine 4 Holdings Cash Conversion Cycle?

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

Alpine 4 Holdings's Days Sales Outstanding for the three months ended in Jun. 2023 was 52.38.
Alpine 4 Holdings's Days Inventory for the three months ended in Jun. 2023 was 111.12.
Alpine 4 Holdings's Days Payable for the three months ended in Jun. 2023 was 62.32.
Therefore, Alpine 4 Holdings's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2023 was 101.18.

Alpine 4 Holdings Cash Conversion Cycle Historical Data

The historical data trend for Alpine 4 Holdings'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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Alpine 4 Holdings Cash Conversion Cycle Chart

Alpine 4 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash Conversion Cycle

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32.44

43.74

50.95

125.05

124.05

Alpine 4 Holdings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash Conversion Cycle	Get a 7-Day Free Trial															128.47	121.42	126.22	132.88	101.18

Competitive Comparison of Alpine 4 Holdings's Cash Conversion Cycle

For the Conglomerates subindustry, Alpine 4 Holdings'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.

Alpine 4 Holdings's Cash Conversion Cycle Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alpine 4 Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Alpine 4 Holdings's Cash Conversion Cycle falls into.

Alpine 4 Holdings 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.

Alpine 4 Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	50.64	+	109.43	-	36.02
	=	124.05

Alpine 4 Holdings's Cash Conversion Cycle for the quarter that ended in Jun. 2023 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	52.38	+	111.12	-	62.32
	=	101.18

Alpine 4 Holdings (NAS:ALPP) 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.

Alpine 4 Holdings Cash Conversion Cycle Related Terms

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Alpine 4 Holdings (Alpine 4 Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alpine 4 Holdings Inc (NAS:ALPP) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

2525 East Arizona Biltmore Circle, Suite 237, Phoenix, AZ, USA, 85016

Website

https://www.alpine4.com

Alpine 4 Holdings Inc is a holding company that acquires businesses in several industry segments namely Aerospace, Battery Tech, Defense Services, Technology, and Manufacturing, as either a Driver, Stabilizer, or Facilitator from the company's disruptive DSF business model. It focuses on how the incorporation of new technologies can drive innovation even in brick-and-mortar businesses, with an understanding of how technology and innovation can enhance businesses.

Executives

Winters Ii Charles W.	director, officer: Chrmn of Board; Director	2525 EAST ARIZONA BILTMORE CIR, SUITE 237, PHOENIX AZ 85016
Kent Wilson	director, officer: CEO; President; Secretary	2525 EAST ARIZONA BILTMORE CIRCLE, SUITE 237, PHOENIX AZ 85016
Ian Kantrowitz	director, officer: VP of IR; Director of IR	4742 N. 24TH STREET, SUITE 300, PHOENIX AZ 85016
Scott W. Edwards	director	946 E. LOBSTER TRAP LANE, TEMPE AZ 85283
David George Schmitt	officer: CHIEF FINANCIAL OFFICER	4742 N. 24TH STREET, SUITE 300, PHOENIZ AZ 85016
Richard Chiang	other: Previous Officer and Director	460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107
Richard Battaglini	director, 10 percent owner, officer: Chairman and President	934 W CORONADO ROAD, PHOENIX AZ 85007