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Aether Global Innovations (FRA:4XA0) Cash Conversion Cycle : 0.00 (As of May. 2024)


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What is Aether Global Innovations Cash Conversion Cycle?

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

Aether Global Innovations's Days Sales Outstanding for the three months ended in May. 2024 was 0.
Aether Global Innovations's Days Inventory for the three months ended in May. 2024 was 0.
Aether Global Innovations's Days Payable for the three months ended in May. 2024 was 0.
Therefore, Aether Global Innovations's Cash Conversion Cycle (CCC) for the three months ended in May. 2024 was 0.00.


Aether Global Innovations Cash Conversion Cycle Historical Data

The historical data trend for Aether Global Innovations'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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Aether Global Innovations Cash Conversion Cycle Chart

Aether Global Innovations Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,067.98 -2,451.85 - - -

Aether Global Innovations Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 - - - - -

Competitive Comparison of Aether Global Innovations's Cash Conversion Cycle

For the Security & Protection Services subindustry, Aether Global Innovations'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.


Aether Global Innovations's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Aether Global Innovations's Cash Conversion Cycle distribution charts can be found below:

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


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Aether Global Innovations 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.

Aether Global Innovations's Cash Conversion Cycle for the fiscal year that ended in Nov. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-0
=0.00

Aether Global Innovations's Cash Conversion Cycle for the quarter that ended in May. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=0+0-0
=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.


Aether Global Innovations  (FRA:4XA0) 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.


Aether Global Innovations Cash Conversion Cycle Related Terms

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Aether Global Innovations Business Description

Traded in Other Exchanges
Address
1199 W Hastings Street, Suite 700, Vancouver, BC, CAN, V6E 3T5
Aether Global Innovations Corp is an innovative UAV drone management and operations services company that focuses on three areas critical infrastructure and large public and private facilities. These three areas include drone management and surveillance monitoring, automation and integration for flight planning, new sensor payloads, stand-alone power source and drone base station infrastructure, and technology for autonomous self-landing, power charging, and take-off.

Aether Global Innovations Headlines

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