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GSQD.U (G Squared Ascend I) Cash Conversion Cycle : 0.00 (As of Sep. 2022)


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What is G Squared Ascend I Cash Conversion Cycle?

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

G Squared Ascend I's Days Sales Outstanding for the three months ended in Sep. 2022 was .
G Squared Ascend I's Days Inventory for the three months ended in Sep. 2022 was .
G Squared Ascend I's Days Payable for the three months ended in Sep. 2022 was .
Therefore, G Squared Ascend I's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2022 was 0.00.


G Squared Ascend I Cash Conversion Cycle Historical Data

The historical data trend for G Squared Ascend I'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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G Squared Ascend I Cash Conversion Cycle Chart

G Squared Ascend I Annual Data
Trend Dec20 Dec21
Cash Conversion Cycle
- -

G Squared Ascend I Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Cash Conversion Cycle Get a 7-Day Free Trial - - - - -

Competitive Comparison of G Squared Ascend I's Cash Conversion Cycle

For the Shell Companies subindustry, G Squared Ascend I'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.


G Squared Ascend I's Cash Conversion Cycle Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, G Squared Ascend I's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where G Squared Ascend I's Cash Conversion Cycle falls into.


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G Squared Ascend I 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.

G Squared Ascend I's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

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

G Squared Ascend I's Cash Conversion Cycle for the quarter that ended in Sep. 2022 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.


G Squared Ascend I  (NYSE:GSQD.U) 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.


G Squared Ascend I Cash Conversion Cycle Related Terms

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G Squared Ascend I Business Description

Traded in Other Exchanges
N/A
Address
205 N Michigan Avenue, Suite 3770, Chicago, IL, USA, 60601
G Squared Ascend I Inc is a blank check company.
Executives
Lauri M Shanahan director C/O THE GAP, INC., TWO FOLSOM STREET, SAN FRANCISCO CA 94105-1205
Thomas R Evans director 11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Larry Lee Aschebrook director, 10 percent owner, officer: Chairman of the Board 205 N. MICHIGAN AVE., SUITE 3770, CHICAGO IL 60601
G Squared Ascend Management I Llc 10 percent owner 205 N MICHIGAN AVENUE, SUITE 3770, CHICAGO IL 60601
Thomas Hoban 10 percent owner, officer: Chief Financial Officer C/O G SQUARED ASCENT MANAGEMENT I LLC, 205 N. MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Edward Iii Davis director, 10 percent owner, officer: Chief Executive Officer C/O G SQUARED ASCENT MANAGEMENT I LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601
Heather L. Hasson director C/O G SQUARED ASCEND MANAGEMENT I, LLC, 205 N MICHIGAN AVENUE SUITE 3770, CHICAGO IL 60601