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Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.
GT Biopharma's Days Sales Outstanding for the
three
months ended in Dec. 2024 was 0.
GT Biopharma's Days Inventory for the
three
months ended in Dec. 2024 was 0.
GT Biopharma's Days Payable for the
three
months ended in Dec. 2024 was 0.
Therefore, GT Biopharma's Cash Conversion Cycle (CCC) for the
three
months ended in Dec. 2024 was 0.00.
The historical data trend for GT Biopharma'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.
GT Biopharma Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Cash Conversion Cycle | Get a 7-Day Free Trial |
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GT Biopharma Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Cash Conversion Cycle | Get a 7-Day Free Trial |
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For the Biotechnology subindustry, GT Biopharma'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.
For the Biotechnology industry and Healthcare sector, GT Biopharma's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where GT Biopharma's Cash Conversion Cycle falls into.
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.
GT Biopharma's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as
Cash Conversion Cycle | = | Days Sales Outstanding | + | Days Inventory | - | Days Payable |
= | 0 | + | 0 | - | 0 | |
= | 0.00 |
GT Biopharma's Cash Conversion Cycle for the quarter that ended in Dec. 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.
GT Biopharma (NAS:GTBP) 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.
Thank you for viewing the detailed overview of GT Biopharma's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.
Charles J Casamento | director | 99 BELBROOK WAY, ATHERTON CA 94027 |
Michael Martin Breen | director, officer: Exec. Chair. and Interim CEO | LOWSLEY HOUSE 133 HEADLEY ROAD, LIPHOOK X0 GU30 7PU |
Manu Ohri | officer: CFO & Secretary | 2355 MAIN STREET, SUITE 120, IRVINE CA 92614 |
Bruce Wendel | director | 70 ELEVEN O'CLOCK ROAD, WESTON CT 06883 |
Gregory Berk | officer: Pres. of R&D, CMO | HANA BIOSCIENCES, INC., 400 OYSTER POINT BLVD, SAN FRANCISCO CA 94080 |
Shrotriya Rajesh C Md | director | 157 TECHNOLOGY DRIVE, IRVINE CA 92618 |
Alan Louis Urban | director | 1524 CLOVERFIELD BOULEVARD, SUITE E, SANTA MONICA CA 90404 |
Gavin Choy | officer: Acting Chief Financial Officer | 8000 MARINA BLVD, STE. 100, C/O GT BIOPHARMA, INC., BRISBANE CA 94005 |
Steven W Weldon | director, officer: CFO | 7280 WESTPOINTE BLVD, APT 831, ORLANDO FL 32835 |
Shawn Cross | director, officer: Chief Executive Officer | 1825 K STREET SUITE 510, WASHINGTON DC 20006 |
Raymond W. Urbanski | officer: Chief Medical Officer | 28903 NORTH AVENUE PAINE, VALENCIA CA 91355 |
Kathleen Clarence-smith | director, 10 percent owner, officer: CEO | 1623 31ST STREET NW, WASHINGTON DC 20007 |
Mark J Silverman | 10 percent owner | 224 22ND ST., SANTA MONICA CA 90402 |
Bristol Capital Llc | 10 percent owner | |
Bristol Investment Fund Ltd | 10 percent owner | 89 NEXUS WAY, CAMANA BAY, PO BOX 311063, GRAND CAYMAN E9 KY1-1205 |
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