AXXA (Exxe Group) Cash Conversion Cycle: 116.64 (As of Mar. 2024)

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What is Exxe Group Cash Conversion Cycle?

Exxe Group AXXA +14.29% Cash Conversion Cycle is 116.64 as of Mar. 2024.

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

Exxe Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 36.89.
Exxe Group's Days Inventory for the six months ended in Mar. 2024 was 101.61.
Exxe Group's Days Payable for the six months ended in Mar. 2024 was 21.86.
Therefore, Exxe Group's Cash Conversion Cycle (CCC) for the six months ended in Mar. 2024 was 116.64.


Exxe Group  (OTCPK:AXXA) 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.


Exxe Group Cash Conversion Cycle Related Terms


Exxe Group Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Exxe Group'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.

Exxe Group Cash Conversion Cycle Chart

Exxe Group Annual Data
Trend Mar23 Mar24
Cash Conversion Cycle
223.53 116.64

Exxe Group Semi-Annual Data
Mar23 Mar24
Cash Conversion Cycle 223.53 116.64

AXXA vs PTEEF, IDVV, TICJ: Cash Conversion Cycle Comparison

For the Conglomerates subindustry, Exxe Group'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.


Exxe Group Cash Conversion Cycle vs Conglomerates Industry

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

* The bar in red indicates where Exxe Group's Cash Conversion Cycle falls into.



Exxe Group 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.

Exxe Group's Cash Conversion Cycle for the fiscal year that ended in Mar. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=36.89+101.61-21.86
=116.64

Exxe Group's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=36.89+101.61-21.86
=116.64

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 116.64 mean?
Exxe Group (AXXA) has a Cash Conversion Cycle of 116.64 as of Mar. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Exxe Group and its competitors.
Is Exxe Group's Cash Conversion Cycle too high?
Exxe Group's current Cash Conversion Cycle is 116.64. The Conglomerates industry median Cash Conversion Cycle is 72.27. Exxe Group's value of 116.64 is 61.4% above this industry median.
How does Exxe Group's Cash Conversion Cycle compare to PTEEF and IDVV?
Exxe Group's Cash Conversion Cycle of 116.64 can be compared against companies in the Conglomerates industry. The industry median Cash Conversion Cycle is 72.27. Exxe Group's value of 116.64 is 61.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Conglomerates company?
The median Cash Conversion Cycle among Conglomerates companies is 72.27, based on 549 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Exxe Group's current Cash Conversion Cycle of 116.64 is 61.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Exxe Group and its competitors. For the Conglomerates industry, the median Cash Conversion Cycle is 72.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exxe Group's current Cash Conversion Cycle is 116.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exxe Group stock overvalued right now?
Exxe Group (AXXA) has a current Cash Conversion Cycle of 116.64. The current Cash Conversion Cycle is 116.64 and 61.4% above the Conglomerates industry median of 72.27. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Exxe Group (AXXA), the current Cash Conversion Cycle is 116.64 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Exxe Group Business Description

Address 1345 Avenue of The Americas, 2nd Floor, New York, NY, USA, 10105
Exxe Group Inc is a diversified corporation based in the United States which is a fintech company with assets in private equity, real estate, architectural design, agricultural, automotive, medical, media, and trading technology. The company is engaged in fintech-based financial management, marketing through media and design, management consulting, strategic advisory, and AI-based systems. The company operates in a broad scope of segments that include fintech, real estate, agritech, software, AI, medical products, media and design, automotive products, and automotive repair.