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Good Life Plus (AQSE:GDLF) Cash Conversion Cycle : 0.00 (As of . 20)


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What is Good Life Plus Cash Conversion Cycle?

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

Good Life Plus's Days Sales Outstanding for the six months ended in . 20 was .
Good Life Plus's Days Inventory for the six months ended in . 20 was .
Good Life Plus's Days Payable for the six months ended in . 20 was .
Therefore, Good Life Plus's Cash Conversion Cycle (CCC) for the six months ended in . 20 was 0.00.


Good Life Plus Cash Conversion Cycle Historical Data

The historical data trend for Good Life Plus'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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Good Life Plus Cash Conversion Cycle Chart

Good Life Plus Annual Data
Trend
Cash Conversion Cycle

Good Life Plus Semi-Annual Data
Cash Conversion Cycle

Competitive Comparison of Good Life Plus's Cash Conversion Cycle

For the Entertainment subindustry, Good Life Plus'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.


Good Life Plus's Cash Conversion Cycle Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Good Life Plus's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Good Life Plus's Cash Conversion Cycle falls into.



Good Life Plus 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.

Good Life Plus's Cash Conversion Cycle for the fiscal year that ended in . 20 is calculated as

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

Good Life Plus's Cash Conversion Cycle for the quarter that ended in . 20 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+-
=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.


Good Life Plus  (AQSE:GDLF) 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.


Good Life Plus Cash Conversion Cycle Related Terms

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Good Life Plus (AQSE:GDLF) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Good Life Plus PLC formerly Semper Fortis Esports PLC is engaged in esports activities. It is a multi-operational esports organization focusing on gaming technology solutions, brand enhancement, and high-growth team infrastructures.

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