OMG (OMGL Holdings) Cash Conversion Cycle: -116.80 (As of Sep. 2024)

What is OMGL Holdings Cash Conversion Cycle?

OMGL Holdings OMG Cash Conversion Cycle is -116.80 as of Sep. 2024.

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

OMGL Holdings's Days Sales Outstanding for the three months ended in Sep. 2024 was 94.36.
OMGL Holdings's Days Inventory for the three months ended in Sep. 2024 was 0.
OMGL Holdings's Days Payable for the three months ended in Sep. 2024 was 211.16.
Therefore, OMGL Holdings's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was -116.80.

OMGL Holdings (NAS:OMG) 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.

OMGL Holdings Cash Conversion Cycle Related Terms

OMGL Holdings Cash Conversion Cycle Historical Data

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The historical data trend for OMGL Holdings'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.

OMGL Holdings Cash Conversion Cycle Chart

OMGL Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Cash Conversion Cycle

673.08

2,366.26

0.00

5.75

OMGL Holdings Quarterly Data
	Jun21	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash Conversion Cycle	Get a 7-Day Free Trial				-1.45	-199.31	-157.53	-72.53	-116.80

OMG vs : Cash Conversion Cycle Comparison

For the Capital Markets subindustry, OMGL Holdings'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.

OMGL Holdings Cash Conversion Cycle vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OMGL Holdings's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where OMGL Holdings's Cash Conversion Cycle falls into.

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OMGL Holdings 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.

OMGL Holdings's Cash Conversion Cycle for the fiscal year that ended in Jun. 2024 is calculated as

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	41.73	+	0	-	35.98
	=	5.75

OMGL Holdings's Cash Conversion Cycle for the quarter that ended in Sep. 2024 is calculated as:

Cash Conversion Cycle	=	Days Sales Outstanding	+	Days Inventory	-	Days Payable
	=	94.36	+	0	-	211.16
	=	-116.80

Frequently Asked Questions Learn more about Cash Conversion Cycle →

What does a Cash Conversion Cycle of -116.80 mean?

OMGL Holdings (OMG) has a Cash Conversion Cycle of -116.80 as of Sep. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on OMGL Holdings and its competitors.

Is OMGL Holdings' Cash Conversion Cycle too high?

OMGL Holdings' current Cash Conversion Cycle is -116.80.

How does OMGL Holdings' Cash Conversion Cycle compare to ?

OMGL Holdings' Cash Conversion Cycle of -116.80 can be compared against companies in the Capital Markets industry. The industry median Cash Conversion Cycle is 1.64. 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 Capital Markets company?

The median Cash Conversion Cycle among Capital Markets companies is 1.64, based on 640 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 OMGL Holdings and its competitors. For the Capital Markets industry, the median Cash Conversion Cycle is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OMGL Holdings's current Cash Conversion Cycle is -116.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is OMGL Holdings stock overvalued right now?

OMGL Holdings (OMG) has a current Cash Conversion Cycle of -116.80. The current Cash Conversion Cycle is -116.80. 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 OMGL Holdings (OMG), the current Cash Conversion Cycle is -116.80 as of Sep. 2024. 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.

OMGL Holdings Business Description

Industry Financial Services Capital Markets

Comparable Companies

Address Level 28, 1 Market Street, Sydney, NSW, AUS, 2000

OMGL Holdings Ltd is an Australian financial services technology group powering its various client group including fintech's, dealer groups and private wealth advisers, traders and stockbrokers. Its suite of trading and market infrastructure are the foundations for a technology-focused broker dealer that connects investors with advice professionals and fintech's.