LGLOF (Green Block Mining) Cash Conversion Cycle: -184.97 (As of Aug. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Green Block Mining Cash Conversion Cycle?

Green Block Mining LGLOF -90.00% Cash Conversion Cycle is -184.97 as of Aug. 2021.

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

Green Block Mining's Days Sales Outstanding for the three months ended in Aug. 2021 was 73.426.
Green Block Mining's Days Inventory for the three months ended in Aug. 2021 was .
Green Block Mining's Days Payable for the three months ended in Aug. 2021 was 258.397.
Therefore, Green Block Mining's Cash Conversion Cycle (CCC) for the three months ended in Aug. 2021 was -184.97.


Green Block Mining  (OTCPK:LGLOF) 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.


Green Block Mining Cash Conversion Cycle Related Terms


Green Block Mining Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Green Block Mining'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.

Green Block Mining Cash Conversion Cycle Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Cash Conversion Cycle
-59.13 -28.85 -61.08

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 -23.38 10.57 -194.32 -9.46 -184.97

LGLOF vs CRM, INTU, NOW: Cash Conversion Cycle Comparison

For the Software - Application subindustry, Green Block Mining'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.


Green Block Mining Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, Green Block Mining's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Green Block Mining's Cash Conversion Cycle falls into.



Green Block Mining 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.

Green Block Mining's Cash Conversion Cycle for the fiscal year that ended in Nov. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=+-61.083
=-61.08

Green Block Mining's Cash Conversion Cycle for the quarter that ended in Aug. 2021 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=73.426+-258.397
=-184.97

* 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of -184.97 mean?
Green Block Mining (LGLOF) has a Cash Conversion Cycle of -184.97 as of Aug. 2021. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Cash Conversion Cycle too high?
Green Block Mining's current Cash Conversion Cycle is -184.97.
How does Green Block Mining's Cash Conversion Cycle compare to CRM and INTU?
Green Block Mining's Cash Conversion Cycle of -184.97 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 31.48. 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 31.48, based on 2,819 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. 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 Green Block Mining and its competitors. For the Software industry, the median Cash Conversion Cycle is 31.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Block Mining's current Cash Conversion Cycle is -184.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Cash Conversion Cycle of -184.97. The current Cash Conversion Cycle is -184.97. 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 Green Block Mining (LGLOF), the current Cash Conversion Cycle is -184.97 as of Aug. 2021. 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.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.