GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sustainable Green Team Ltd (OTCPK:SGTM) » Definitions » Cash Conversion Cycle

Sustainable Green Team (Sustainable Green Team) Cash Conversion Cycle : 4,700.83 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Sustainable Green Team Cash Conversion Cycle?

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

Sustainable Green Team's Days Sales Outstanding for the three months ended in Mar. 2024 was 1323.35.
Sustainable Green Team's Days Inventory for the three months ended in Mar. 2024 was 4373.48.
Sustainable Green Team's Days Payable for the three months ended in Mar. 2024 was 996.
Therefore, Sustainable Green Team's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 4,700.83.


Sustainable Green Team Cash Conversion Cycle Historical Data

The historical data trend for Sustainable Green Team'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.

Sustainable Green Team Cash Conversion Cycle Chart

Sustainable Green Team Annual Data
Trend Dec21 Dec22 Dec23
Cash Conversion Cycle
91.50 154.27 361.03

Sustainable Green Team Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only 203.91 279.57 448.58 526.78 4,700.83

Competitive Comparison of Sustainable Green Team's Cash Conversion Cycle

For the Lumber & Wood Production subindustry, Sustainable Green Team'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.


Sustainable Green Team's Cash Conversion Cycle Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sustainable Green Team's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Sustainable Green Team's Cash Conversion Cycle falls into.



Sustainable Green Team 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.

Sustainable Green Team'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
=68.43+387.24-94.64
=361.03

Sustainable Green Team's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1323.35+4373.48-996
=4,700.83

* 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.


Sustainable Green Team  (OTCPK:SGTM) 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.


Sustainable Green Team Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Sustainable Green Team's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Sustainable Green Team (Sustainable Green Team) Business Description

Traded in Other Exchanges
N/A
Address
24200 County RD 561, Astatula, FL, USA, 34705
Sustainable Green Team Ltd, along with its subsidiaries, is engaged in mulch manufacturing. It acquires wood-based, feedstock, and other natural materials used for its mulch products. The company provides tree services, debris hauling, and removal, biomass recycling, mulch manufacturing, packaging, and sales. Its customers include governmental, residential, commercial customers, and retailers.

Sustainable Green Team (Sustainable Green Team) Headlines

From GuruFocus