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Varanium Cloud (NSE:CLOUD) Cash Conversion Cycle : 77.54 (As of Sep. 2023)


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What is Varanium Cloud Cash Conversion Cycle?

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

Varanium Cloud's Days Sales Outstanding for the three months ended in Sep. 2023 was 91.46.
Varanium Cloud's Days Inventory for the three months ended in Sep. 2023 was 0.
Varanium Cloud's Days Payable for the three months ended in Sep. 2023 was 13.92.
Therefore, Varanium Cloud's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 77.54.


Varanium Cloud Cash Conversion Cycle Historical Data

The historical data trend for Varanium Cloud'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.

Varanium Cloud Cash Conversion Cycle Chart

Varanium Cloud Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Cash Conversion Cycle
- 368.57 -457.28 38.60

Varanium Cloud Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 12.48 2.14 61.67 54.28 77.54

Competitive Comparison of Varanium Cloud's Cash Conversion Cycle

For the Information Technology Services subindustry, Varanium Cloud'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.


Varanium Cloud's Cash Conversion Cycle Distribution in the Software Industry

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

* The bar in red indicates where Varanium Cloud's Cash Conversion Cycle falls into.



Varanium Cloud 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.

Varanium Cloud's Cash Conversion Cycle for the fiscal year that ended in Mar. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=50.83+0-12.23
=38.60

Varanium Cloud's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=91.46+0-13.92
=77.54

* 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.


Varanium Cloud  (NSE:CLOUD) 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.


Varanium Cloud Cash Conversion Cycle Related Terms

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Varanium Cloud (NSE:CLOUD) Business Description

Traded in Other Exchanges
Address
Versova SVP Nagar, Third Floor, Plot No. 244-A RDP 2, CTS 1374/B Vil, Four Bungalows, Andheri West, Mumbai, MH, IND, 400053
Varanium Cloud Ltd is a technology company focused on providing services surrounding the digital audio, video, and financial blockchain (for PayFac) based streaming services. The company operates in the following key verticals which are Provision of digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a SaaS (Software As A Service) model such as Voice & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments, Online payment facilitation services (PayFac) and Provision of low bandwidth digital education content platforms (EdTech) with complete Learning Management Systems (LMS) focused on non-urban areas under Edmission brand.

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