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Ventura Offshore Holding (OSL:VTURA) Cash Conversion Cycle : 0.00 (As of Dec. 2024)


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What is Ventura Offshore Holding Cash Conversion Cycle?

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

Ventura Offshore Holding's Days Sales Outstanding for the six months ended in Dec. 2024 was 0.
Ventura Offshore Holding's Days Inventory for the six months ended in Dec. 2024 was 0.
Ventura Offshore Holding's Days Payable for the six months ended in Dec. 2024 was 0.
Therefore, Ventura Offshore Holding's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2024 was 0.00.


Ventura Offshore Holding Cash Conversion Cycle Historical Data

The historical data trend for Ventura Offshore Holding'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.

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Ventura Offshore Holding Cash Conversion Cycle Chart

Ventura Offshore Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
135.28 252.90 -148.91 -

Ventura Offshore Holding Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle 135.28 252.90 -148.91 -

Competitive Comparison of Ventura Offshore Holding's Cash Conversion Cycle

For the Oil & Gas Drilling subindustry, Ventura Offshore Holding'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.


Ventura Offshore Holding's Cash Conversion Cycle Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ventura Offshore Holding's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ventura Offshore Holding's Cash Conversion Cycle falls into.


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Ventura Offshore Holding 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.

Ventura Offshore Holding'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

Ventura Offshore Holding'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.


Ventura Offshore Holding  (OSL:VTURA) 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.


Ventura Offshore Holding Cash Conversion Cycle Related Terms

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Ventura Offshore Holding Business Description

Traded in Other Exchanges
N/A
Address
Avenida Lacerda Agostinho, 1205 - Virgem Santa, Macae, RJ, BRA, CEP: 27948-005
Ventura Offshore Holding Ltd is a deep water drilling contractor providing offshore drilling services to the oil and gas industry. The Group focuses on deep water drilling operations in water depths of up to 12,000 feet and core activities are focused in the Brazilian offshore oil and gas market. Also Group owns and operates the drillship Carolina and the semisubmersible rig Victoria (the Owned Rigs), and manages the drillship Zonda and semisubmersible rig Catarina (the Managed Rigs, and together with the Owned Rigs, the Rigs), all of which drilling rigs capable of drilling in ultra deep waters.

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