Foraj Sonde Videle (BSE:FOJE) Cash Conversion Cycle: 0.00 (As of . 20)

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What is Foraj Sonde Videle Cash Conversion Cycle?

Foraj Sonde Videle BSE:FOJE +4.14% Cash Conversion Cycle is 0.00 as of . 20.

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

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


Foraj Sonde Videle  (BSE:FOJE) 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.


Foraj Sonde Videle Cash Conversion Cycle Related Terms


Foraj Sonde Videle Cash Conversion Cycle Historical Data

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The historical data trend for Foraj Sonde Videle'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.

Foraj Sonde Videle Cash Conversion Cycle Chart

Foraj Sonde Videle Annual Data
Trend
Cash Conversion Cycle

Foraj Sonde Videle Quarterly Data
Cash Conversion Cycle

BSE:FOJE vs TIRTZ, ESES, GLFH: Cash Conversion Cycle Comparison

For the Oil & Gas Drilling subindustry, Foraj Sonde Videle'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.


Foraj Sonde Videle Cash Conversion Cycle vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Foraj Sonde Videle's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Foraj Sonde Videle's Cash Conversion Cycle falls into.



Foraj Sonde Videle 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.

Foraj Sonde Videle'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

Foraj Sonde Videle'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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 0.00 mean?
Foraj Sonde Videle (BSE:FOJE) has a Cash Conversion Cycle of 0.00 as of . 20. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Foraj Sonde Videle and its competitors.
Is Foraj Sonde Videle's Cash Conversion Cycle too high?
Foraj Sonde Videle's current Cash Conversion Cycle is 0.00.
How does Foraj Sonde Videle's Cash Conversion Cycle compare to TIRTZ and ESES?
Foraj Sonde Videle's Cash Conversion Cycle of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Cash Conversion Cycle is 18.16. 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 an Oil & Gas company?
The median Cash Conversion Cycle among Oil & Gas companies is 18.16, based on 915 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. 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 Foraj Sonde Videle and its competitors. For the Oil & Gas industry, the median Cash Conversion Cycle is 18.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foraj Sonde Videle's current Cash Conversion Cycle is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foraj Sonde Videle stock overvalued right now?
Foraj Sonde Videle (BSE:FOJE) has a current Cash Conversion Cycle of 0.00. The current Cash Conversion Cycle is 0.00. 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 Foraj Sonde Videle (BSE:FOJE), the current Cash Conversion Cycle is 0.00 as of . 20. 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.

Foraj Sonde Videle Business Description

Industry EnergyOil & Gas
Address Street Petrolului nr.16, Teleorman, Videle, ROU, 145300
Foraj Sonde SA Videle operates as an onshore drilling company in Romania. The company is involved in the drilling and completion of oil and gas wells, surface works for drilling wells, drilling of shallow wells, and oil extraction, and others.