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Greenlit Ventures (Greenlit Ventures) Cash Conversion Cycle : 0.00 (As of Mar. 2024)


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What is Greenlit Ventures Cash Conversion Cycle?

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

Greenlit Ventures's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.
Greenlit Ventures's Days Inventory for the three months ended in Mar. 2024 was 0.
Greenlit Ventures's Days Payable for the three months ended in Mar. 2024 was 0.
Therefore, Greenlit Ventures's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 0.00.


Greenlit Ventures Cash Conversion Cycle Historical Data

The historical data trend for Greenlit Ventures'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.

Greenlit Ventures Cash Conversion Cycle Chart

Greenlit Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial -352.83 -958.13 - - -

Greenlit Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Greenlit Ventures's Cash Conversion Cycle

For the Consulting Services subindustry, Greenlit Ventures'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.


Greenlit Ventures's Cash Conversion Cycle Distribution in the Business Services Industry

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

* The bar in red indicates where Greenlit Ventures's Cash Conversion Cycle falls into.



Greenlit Ventures 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.

Greenlit Ventures'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
=0+0-0
=0.00

Greenlit Ventures's Cash Conversion Cycle for the quarter that ended in Mar. 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.


Greenlit Ventures  (OTCPK:GLVT) 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.


Greenlit Ventures Cash Conversion Cycle Related Terms

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Greenlit Ventures (Greenlit Ventures) Business Description

Traded in Other Exchanges
N/A
Address
9169 W State Street, No.3147, Garden City, ID, USA, 83714
Website
MS Young Adventure Enterprise Inc is a marketing and management consulting company that provides advisory services to companies located in Asia for the purpose of facilitating the competitiveness of those companies in the international market. The company offers a wide assortment of advisory services, ranging from business planning consulting services, mergers and acquisitions advising, and marketing services.
Executives
Zilin Wang Wang director, 10 percent owner, officer: president,director,10%+ sh 506 ENTERPRISE AVENUE, KITIMAT A1 V8C 2E2
James M Cassidy director, 10 percent owner, officer: president 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop director, 10 percent owner, officer: vice president 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212

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