SING (SinglePoint) Cash Conversion Cycle: -61.66 (As of Dec. 2024)


SING SinglePoint Inc SING
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What is SinglePoint Cash Conversion Cycle?

SinglePoint SING 12 Cash Conversion Cycle is -61.66 as of Dec. 2024. GuruFocus rates SING with a GF Score™ of 12/100.

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

SinglePoint's Days Sales Outstanding for the three months ended in Dec. 2024 was 24.45.
SinglePoint's Days Inventory for the three months ended in Dec. 2024 was 18.21.
SinglePoint's Days Payable for the three months ended in Dec. 2024 was 104.32.
Therefore, SinglePoint's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was -61.66.


SinglePoint  (OTCPK:SING) 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.


SinglePoint Cash Conversion Cycle Related Terms


SinglePoint Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for SinglePoint'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.

SinglePoint Cash Conversion Cycle Chart

SinglePoint Annual Data
Trend Oct08 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.47 -63.98 -3.07 -16.28 -45.48

SinglePoint Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -7.90 -111.64 -70.44 -81.95 -61.66

SING vs VSTTF, NOVAQ, FSLR: Cash Conversion Cycle Comparison

For the Solar subindustry, SinglePoint'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.


SinglePoint Cash Conversion Cycle vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SinglePoint's Cash Conversion Cycle distribution charts can be found below:

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


SING
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SinglePoint Inc SING
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SinglePoint 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.

SinglePoint'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
=17.89+51.99-115.36
=-45.48

SinglePoint'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
=24.45+18.21-104.32
=-61.66

* 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 -61.66 mean?
SinglePoint (SING) has a Cash Conversion Cycle of -61.66 as of Dec. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on SinglePoint and its competitors.
Is SinglePoint's Cash Conversion Cycle too high?
SinglePoint's current Cash Conversion Cycle is -61.66. Overall, SinglePoint has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SinglePoint's Cash Conversion Cycle compare to VSTTF and NOVAQ?
SinglePoint's Cash Conversion Cycle of -61.66 can be compared against companies in the Semiconductors industry. The industry median Cash Conversion Cycle is 116.21. 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 Semiconductors company?
The median Cash Conversion Cycle among Semiconductors companies is 116.21, based on 1,023 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. 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 SinglePoint and its competitors. For the Semiconductors industry, the median Cash Conversion Cycle is 116.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SinglePoint's current Cash Conversion Cycle is -61.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SinglePoint stock overvalued right now?
SinglePoint (SING) has a current Cash Conversion Cycle of -61.66. The current Cash Conversion Cycle is -61.66. SinglePoint's overall GF Score™ is 12/100. 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 SinglePoint (SING), the current Cash Conversion Cycle is -61.66 as of Dec. 2024. 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.

SinglePoint Business Description

Address 3104 East Camelback Road, Suite 2137, Phoenix, AZ, USA, 85016
SinglePoint Inc is a renewable and sustainable solution company focused on solar power and indoor air purification. Its primary focus is sustainability by providing an integrated solar energy solution for the customers and clean environment solutions through its air purification business. The company's subsidiary, BOX Pure Air, is engaged in the Indoor Air Quality sector, addressing the need for air purification in schools and offices. The company is exploring future acquisition and growth opportunities in energy storage, electric vehicle charging, solar as a subscription service, and additional energy-efficient appliances that enhance sustainability.
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