GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Everyday People Financial Corp (OTCPK:EPFCF) » Definitions » Cash Conversion Cycle

EPFCF (Everyday People Financial) Cash Conversion Cycle : -24.00 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Everyday People Financial Cash Conversion Cycle?

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

Everyday People Financial's Days Sales Outstanding for the three months ended in Sep. 2024 was 60.26.
Everyday People Financial's Days Inventory for the three months ended in Sep. 2024 was 55.13.
Everyday People Financial's Days Payable for the three months ended in Sep. 2024 was 139.39.
Therefore, Everyday People Financial's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was -24.00.


Everyday People Financial Cash Conversion Cycle Historical Data

The historical data trend for Everyday People Financial'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.

Everyday People Financial Cash Conversion Cycle Chart

Everyday People Financial Annual Data
Trend Jul20 Jul21 Jul22 Dec23
Cash Conversion Cycle
- - - -374.50

Everyday People Financial Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 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 -307.19 -287.46 -97.46 -152.42 -24.00

Competitive Comparison of Everyday People Financial's Cash Conversion Cycle

For the Credit Services subindustry, Everyday People Financial'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.


Everyday People Financial's Cash Conversion Cycle Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Everyday People Financial's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Everyday People Financial's Cash Conversion Cycle falls into.


;
;

Everyday People Financial 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.

Everyday People Financial'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
=59.86+131-565.36
=-374.50

Everyday People Financial'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
=60.26+55.13-139.39
=-24.00

* 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.


Everyday People Financial  (OTCPK:EPFCF) 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.


Everyday People Financial Cash Conversion Cycle Related Terms

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


Everyday People Financial Business Description

Traded in Other Exchanges
Address
11150 Jasper Avenue, Suite 450, Edmonton, AB, CAN, T5K 0C7
Everyday People Financial Corp is a financial services provider. Through its technology-driven ecosystem, alternative and specialty credit financing programs it offers credit and payment cards, homeownership facilitation, consumer lending, and payment management among other services. The reportable operating segments of the company are; Financial services, EP Homes facilitation services, Revenue cycle management services, and Contract receivable services. The majority of the company's revenue is derived from its Revenue cycle management services segment which provides debt collection services for corporations that have past due and default accounts. Geographically, the company generates a majority of its revenue from Canada followed by the United Kingdom and the United States of America.

Everyday People Financial Headlines