iGen Networks's Days Sales Outstanding for the
three
months ended in Sep. 2023 was 0.
iGen Networks's Days Inventory for the
three
months ended in Sep. 2023 was 179.82.
iGen Networks's Days Payable for the
three
months ended in Sep. 2023 was 0.
Therefore, iGen Networks's Cash Conversion Cycle (CCC) for the
three
months ended in Sep. 2023 was 179.82.
iGen Networks (OTCPK:IGEN) 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.
iGen Networks Cash Conversion Cycle Related Terms
iGen Networks Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for iGen Networks'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.
IGEN vs TWOHD, ABQQ, XNDA: Cash Conversion Cycle Comparison
For the Software - Application subindustry, iGen Networks'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.
iGen Networks Cash Conversion Cycle vs Software Industry
For the Software industry and Technology sector, iGen Networks's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where iGen Networks'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.
iGen Networks's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
iGen Networks (IGEN) has a Cash Conversion Cycle of 179.82 as of Sep. 2023. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on iGen Networks and its competitors.
Is iGen Networks' Cash Conversion Cycle too high?
iGen Networks' current Cash Conversion Cycle is 179.82. The Software industry median Cash Conversion Cycle is 32.23. iGen Networks' value of 179.82 is 458% above this industry median.
How does iGen Networks' Cash Conversion Cycle compare to TWOHD and ABQQ?
iGen Networks' Cash Conversion Cycle of 179.82 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.23. iGen Networks' value of 179.82 is 458% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Software company?
The median Cash Conversion Cycle among Software companies is 32.23, based on 2,804 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. iGen Networks's current Cash Conversion Cycle of 179.82 is 458% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on iGen Networks and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iGen Networks's current Cash Conversion Cycle is 179.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iGen Networks stock overvalued right now?
iGen Networks (IGEN) has a current Cash Conversion Cycle of 179.82. The current Cash Conversion Cycle is 179.82 and 458% above the Software industry median of 32.23. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For iGen Networks (IGEN), the current Cash Conversion Cycle is 179.82 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
iGen Networks Corp is engaged in the development and marketing of software services for the automotive industry. It has one reportable segment being Vehicle Tracking and Recovery Solutions. The company works with wireless carriers, hardware suppliers and software developers to provide direct and secure access to information on the vehicle and the driver's behavior. The software services are delivered from the AWS Cloud to the consumer and their families over the wireless networks and accessed from any mobile or desktop device. The software services are marketed to automotive dealers, financial institutions, and direct-to-consumer through various commercial and consumer brands. The company's brands include Nimbo Tracking, CU Trak, and Medallion GPS PRO.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IGEN has been successfully added to your 