GURUFOCUS.COM » STOCK LIST » Technology » Software » CISO Global Inc (NAS:CISO) » Definitions » Cash Conversion Cycle

CISO (CISO Global) Cash Conversion Cycle : -48.22 (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is CISO Global Cash Conversion Cycle?

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

CISO Global's Days Sales Outstanding for the three months ended in Sep. 2024 was 24.64.
CISO Global's Days Inventory for the three months ended in Sep. 2024 was 0.
CISO Global's Days Payable for the three months ended in Sep. 2024 was 72.86.
Therefore, CISO Global's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was -48.22.


CISO Global Cash Conversion Cycle Historical Data

The historical data trend for CISO Global'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.

CISO Global Cash Conversion Cycle Chart

CISO Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial 41.79 20.11 47.93 21.63 -14.20

CISO Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -39.63 -15.77 -51.10 -62.83 -48.22

Competitive Comparison of CISO Global's Cash Conversion Cycle

For the Software - Infrastructure subindustry, CISO Global'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.


CISO Global's Cash Conversion Cycle Distribution in the Software Industry

For the Software industry and Technology sector, CISO Global's Cash Conversion Cycle distribution charts can be found below:

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



CISO Global 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.

CISO Global's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=43.33+0.83-58.36
=-14.20

CISO Global's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=24.64+0-72.86
=-48.22

* 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.


CISO Global  (NAS:CISO) 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.


CISO Global Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of CISO Global's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


CISO Global Business Description

Traded in Other Exchanges
N/A
Address
6900 East Camelback Road, Suite 900, Scottsdale, AZ, USA, 85251
CISO Global Inc provides cybersecurity services. The services are used to protect client's data, financial information, intellectual property, and business reputation. The services include penetration testing, security remediation, compliance auditing, vulnerability assessment, and others. Geographically, the company operates in U.S., Chile and All other countries. The maximum revenue is generated from U.S.
Executives
Kyle J. Young officer: Interim COO C/O CISO GLOBAL, INC., 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Ashley Nicole Devoto director, officer: See Remarks C/O CERBERUS CYBER SENTINEL CORPORATION, SUITE 240, SCOTTSDALE AZ 85251
David A. Bennett officer: Chief Operating Officer 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Debra Smith officer: Chief Financial Officer 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Vandeweghe Ernest M. Iii director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Andrew K Mccain director 170 SOUTH GREEN VALLEY PARKWAY, SUITE 300, HENDERSON NV 89012
David Grant Jemmett director, officer: Chief Executive Officer 2303 N 44TH ST, 1011, PHOENIX AZ 85008
Robert C. Oaks director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Reid Scott Holbrook director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Scott Stephen H. Jr. director, 10 percent owner 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251