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CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Cash Conversion Cycle : 0.00 (As of Sep. 2023)


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What is CRAFT 1861 Global Holdings Cash Conversion Cycle?

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

CRAFT 1861 Global Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 0.
CRAFT 1861 Global Holdings's Days Inventory for the three months ended in Sep. 2023 was 0.
CRAFT 1861 Global Holdings's Days Payable for the three months ended in Sep. 2023 was 0.
Therefore, CRAFT 1861 Global Holdings's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 0.00.


CRAFT 1861 Global Holdings Cash Conversion Cycle Historical Data

The historical data trend for CRAFT 1861 Global 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.

* Premium members only.

CRAFT 1861 Global Holdings Cash Conversion Cycle Chart

CRAFT 1861 Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
-111.53 -45.05 - -

CRAFT 1861 Global Holdings Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 339.07 -74.60 -

Competitive Comparison of CRAFT 1861 Global Holdings's Cash Conversion Cycle

For the Drug Manufacturers - Specialty & Generic subindustry, CRAFT 1861 Global 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.


CRAFT 1861 Global Holdings's Cash Conversion Cycle Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CRAFT 1861 Global Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where CRAFT 1861 Global Holdings's Cash Conversion Cycle falls into.



CRAFT 1861 Global 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.

CRAFT 1861 Global 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
=0+0-0
=0.00

CRAFT 1861 Global Holdings's Cash Conversion Cycle for the quarter that ended in Sep. 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.


CRAFT 1861 Global Holdings  (OTCPK:BGPPF) 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.


CRAFT 1861 Global Holdings Cash Conversion Cycle Related Terms

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CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
100 Sun Avenue NE, Suite 650, Albuquerque, NM, USA, 87109
CRAFT 1861 Global Holdings Inc is a health and wellness company in the cannabinoid space. The company operates within the non-psychoactive, hemp-derived cannabidiol (CBD) market with consumer-packaged goods containing zero THC.

CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Headlines

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