PXHI (PhoneX Holdings) Cash Conversion Cycle: 4.27 (As of Dec. 2018)


What is PhoneX Holdings Cash Conversion Cycle?

PhoneX Holdings PXHI +6.25% Cash Conversion Cycle is 4.27 as of Dec. 2018.

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

PhoneX Holdings's Days Sales Outstanding for the three months ended in Dec. 2018 was 1.25.
PhoneX Holdings's Days Inventory for the three months ended in Dec. 2018 was 17.64.
PhoneX Holdings's Days Payable for the three months ended in Dec. 2018 was 14.62.
Therefore, PhoneX Holdings's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2018 was 4.27.


PhoneX Holdings  (OTCPK:PXHI) 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.


PhoneX Holdings Cash Conversion Cycle Related Terms


PhoneX Holdings Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for PhoneX 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.

PhoneX Holdings Cash Conversion Cycle Chart

PhoneX Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -104.22 90.06 20.38 25.89 28.43

PhoneX Holdings Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.62 42.28 16.51 7.06 4.27

PXHI vs SMKC, TKAT, VTNLD: Cash Conversion Cycle Comparison

For the Internet Retail subindustry, PhoneX 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.


PhoneX Holdings Cash Conversion Cycle vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PhoneX Holdings's Cash Conversion Cycle distribution charts can be found below:

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



PhoneX 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.

PhoneX Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=1.37+37.1-10.04
=28.43

PhoneX Holdings's Cash Conversion Cycle for the quarter that ended in Dec. 2018 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1.25+17.64-14.62
=4.27

* 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 4.27 mean?
PhoneX Holdings (PXHI) has a Cash Conversion Cycle of 4.27 as of Dec. 2018. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on PhoneX Holdings and its competitors.
Is PhoneX Holdings' Cash Conversion Cycle too high?
PhoneX Holdings' current Cash Conversion Cycle is 4.27. The Retail - Cyclical industry median Cash Conversion Cycle is 69.06. PhoneX Holdings' value of 4.27 is 93.8% below this industry median.
How does PhoneX Holdings' Cash Conversion Cycle compare to SMKC and TKAT?
PhoneX Holdings' Cash Conversion Cycle of 4.27 can be compared against companies in the Retail - Cyclical industry. The industry median Cash Conversion Cycle is 69.06. PhoneX Holdings' value of 4.27 is 93.8% below this benchmark. 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 Retail - Cyclical company?
The median Cash Conversion Cycle among Retail - Cyclical companies is 69.06, based on 1,120 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. PhoneX Holdings's current Cash Conversion Cycle of 4.27 is 93.8% below the industry median. 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 PhoneX Holdings and its competitors. For the Retail - Cyclical industry, the median Cash Conversion Cycle is 69.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhoneX Holdings's current Cash Conversion Cycle is 4.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhoneX Holdings stock overvalued right now?
PhoneX Holdings (PXHI) has a current Cash Conversion Cycle of 4.27. The current Cash Conversion Cycle is 4.27 and 93.8% below the Retail - Cyclical industry median of 69.06. 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 PhoneX Holdings (PXHI), the current Cash Conversion Cycle is 4.27 as of Dec. 2018. 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.

PhoneX Holdings Business Description

Address 1422 South Tryon Street, Suite 02-123, Charlotte, NC, USA, 28203
PhoneX Holdings Inc is building the dominant cloud-based, software-as-a-service solution for the wholesale exchange of pre-owned mobile devices. The company works with mobile carriers and mobile handset distributors to facilitate commerce related to pre-owned mobile devices. It operates two distinct models Proprietary Trading Model, through which it purchases devices utilizing its balance sheet via its subsidiary Sell Cellular LLC, and the Platform Partnership Model, through which it enables its partners to license its software via its subsidiary. It generates revenue by licensing its software as a service to third parties.