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Rail Vision (Rail Vision) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is Rail Vision Cash Conversion Cycle?

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

Rail Vision's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.
Rail Vision's Days Inventory for the three months ended in Dec. 2023 was 0.
Rail Vision's Days Payable for the three months ended in Dec. 2023 was 0.
Therefore, Rail Vision's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was 0.00.


Rail Vision Cash Conversion Cycle Historical Data

The historical data trend for Rail Vision'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.

Rail Vision Cash Conversion Cycle Chart

Rail Vision Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
- - -17.02 33.73 5,420.56

Rail Vision Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 712.83 -

Competitive Comparison of Rail Vision's Cash Conversion Cycle

For the Railroads subindustry, Rail Vision'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.


Rail Vision's Cash Conversion Cycle Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Rail Vision's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Rail Vision's Cash Conversion Cycle falls into.



Rail Vision 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.

Rail Vision's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=295.6+5845.98-721.02
=5,420.56

Rail Vision's Cash Conversion Cycle for the quarter that ended in Dec. 2023 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.


Rail Vision  (NAS:RVSN) 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.


Rail Vision Cash Conversion Cycle Related Terms

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Rail Vision (Rail Vision) Business Description

Traded in Other Exchanges
N/A
Address
15 Ha’Tidhar St, Ra’anana, ISR, 4366517
Rail Vision Ltd is a development-stage technology company that is engaged in the design, development, and assembly of railway detection systems designed to solve the challenges in railway operational safety, efficiency, and predictive maintenance. Its railway detection systems include different types of cameras, including optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized onboard computer which is designed to be suitable for the rough environment of a train's locomotive.