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PAPL (Pineapple Financial) Cash Conversion Cycle : 3.61 (As of Feb. 2025)


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What is Pineapple Financial Cash Conversion Cycle?

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

Pineapple Financial's Days Sales Outstanding for the three months ended in Feb. 2025 was 3.61.
Pineapple Financial's Days Inventory for the three months ended in Feb. 2025 was 0.
Pineapple Financial's Days Payable for the three months ended in Feb. 2025 was 0.
Therefore, Pineapple Financial's Cash Conversion Cycle (CCC) for the three months ended in Feb. 2025 was 3.61.


Pineapple Financial Cash Conversion Cycle Historical Data

The historical data trend for Pineapple Financial'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.

Pineapple Financial Cash Conversion Cycle Chart

Pineapple Financial Annual Data
Trend Aug21 Aug22 Aug23 Aug24
Cash Conversion Cycle
0.12 1.72 8.80 9.49

Pineapple Financial Quarterly Data
Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 18.15 52.13 0.89 3.24 3.61

Competitive Comparison of Pineapple Financial's Cash Conversion Cycle

For the Mortgage Finance subindustry, Pineapple Financial'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.


Pineapple Financial's Cash Conversion Cycle Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Pineapple Financial's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Pineapple Financial's Cash Conversion Cycle falls into.


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Pineapple Financial 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.

Pineapple Financial's Cash Conversion Cycle for the fiscal year that ended in Aug. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=9.49+0-0
=9.49

Pineapple Financial's Cash Conversion Cycle for the quarter that ended in Feb. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=3.61+0-0
=3.61

* 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.


Pineapple Financial  (AMEX:PAPL) 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.


Pineapple Financial Cash Conversion Cycle Related Terms

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Pineapple Financial Business Description

Traded in Other Exchanges
N/A
Address
111 Gordon Baker Road, Unit 200, North York, Toronto, ON, CAN, M2H 3R1
Pineapple Financial Inc is a Canada-based mortgage technology and brokerage company that provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers. Through its data-driven systems together with cloud-based tools, it offers advantages in the Canadian mortgage industry relative to alternative mortgage broker arrangements and also provides back office services.