First Bitcoin Capital (First Bitcoin Capital) Cash Conversion Cycle : 0.00 (As of . 20)

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What is First Bitcoin Capital Cash Conversion Cycle?

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

First Bitcoin Capital's Days Sales Outstanding for the three months ended in . 20 was .
First Bitcoin Capital's Days Inventory for the three months ended in . 20 was .
First Bitcoin Capital's Days Payable for the three months ended in . 20 was .
Therefore, First Bitcoin Capital's Cash Conversion Cycle (CCC) for the three months ended in . 20 was 0.00.

First Bitcoin Capital Cash Conversion Cycle Historical Data

The historical data trend for First Bitcoin Capital'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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First Bitcoin Capital Cash Conversion Cycle Chart

First Bitcoin Capital Annual Data

Trend

Cash Conversion Cycle

First Bitcoin Capital Quarterly Data

Cash Conversion Cycle

Competitive Comparison of First Bitcoin Capital's Cash Conversion Cycle

For the Capital Markets subindustry, First Bitcoin Capital'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.

First Bitcoin Capital's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, First Bitcoin Capital's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where First Bitcoin Capital's Cash Conversion Cycle falls into.

First Bitcoin Capital 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.

First Bitcoin Capital'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

First Bitcoin Capital'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

First Bitcoin Capital (OTCPK:BITCF) 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.

First Bitcoin Capital Cash Conversion Cycle Related Terms

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First Bitcoin Capital (First Bitcoin Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » First Bitcoin Capital Corp (OTCPK:BITCF) » Definitions » Cash Conversion Cycle

Traded in Other Exchanges

N/A

Address

121 Derech Menakhem Begin, Azrieli Center, Sharona Tower, 30th Floor, Tel Aviv, ISR

Website

http://www.bitcoincapitalcorp.com

First Bitcoin Capital Corp is a public company. It is the vertically integrated, publicly-traded Bitcoin entity to enter the lucrative crypto-currency space. First Bitcoin is engaged in developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange- www.CoinQX.com. The company is developing a beta e-commerce marketplace (BITessentials.com) which already accepts a variety of digital currencies by partnering with GoCOIN.com.