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Fidelity Holding (Fidelity Holding) Cash Conversion Cycle : 0.00 (As of . 20)


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What is Fidelity Holding Cash Conversion Cycle?

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

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


Fidelity Holding Cash Conversion Cycle Historical Data

The historical data trend for Fidelity Holding'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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Fidelity Holding Cash Conversion Cycle Chart

Fidelity Holding Annual Data
Trend
Cash Conversion Cycle

Fidelity Holding Quarterly Data
Cash Conversion Cycle

Competitive Comparison of Fidelity Holding's Cash Conversion Cycle

For the Shell Companies subindustry, Fidelity Holding'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.


Fidelity Holding's Cash Conversion Cycle Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fidelity Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Fidelity Holding's Cash Conversion Cycle falls into.



Fidelity Holding 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.

Fidelity Holding'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

Fidelity Holding'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.


Fidelity Holding  (OTCPK:FDHC) 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.


Fidelity Holding Cash Conversion Cycle Related Terms

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Fidelity Holding (Fidelity Holding) Business Description

Traded in Other Exchanges
N/A
Address
Unit 1, 14th Floor, Bank of East Asia, Harbour View Center, Wan Chai, Hong Kong, HKG, 999077
Fidelity Holding Corp divested of previous operations and seeking new business opportunities. Previously, the company through its subsidiary has developed proprietary technology which is focused on the recovery of heavy oil from mature onshore U.S. fields. It is looking to acquire and invest in strategic intellectual property assets, financial technology, and global supply chain opportunities.

Fidelity Holding (Fidelity Holding) Headlines