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Coin Hodl (Coin Hodl) Cash Conversion Cycle : 1.20 (As of Dec. 2020)


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What is Coin Hodl Cash Conversion Cycle?

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

Coin Hodl's Days Sales Outstanding for the three months ended in Dec. 2020 was 1.2.
Coin Hodl's Days Inventory for the three months ended in Dec. 2020 was 0.
Coin Hodl's Days Payable for the three months ended in Dec. 2020 was 0.
Therefore, Coin Hodl's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2020 was 1.20.


Coin Hodl Cash Conversion Cycle Historical Data

The historical data trend for Coin Hodl'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.

Coin Hodl Cash Conversion Cycle Chart

Coin Hodl Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Dec16 Dec17 Dec18 Dec19 Dec20
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.02 2.60

Coin Hodl Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 1.04 - - - 1.20

Competitive Comparison of Coin Hodl's Cash Conversion Cycle

For the Capital Markets subindustry, Coin Hodl'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.


Coin Hodl's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coin Hodl's Cash Conversion Cycle distribution charts can be found below:

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



Coin Hodl 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.

Coin Hodl's Cash Conversion Cycle for the fiscal year that ended in Dec. 2020 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=2.6+0-0
=2.60

Coin Hodl's Cash Conversion Cycle for the quarter that ended in Dec. 2020 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=1.2+0-0
=1.20

* 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.


Coin Hodl  (GREY:SMURF) 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.


Coin Hodl Cash Conversion Cycle Related Terms

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


Coin Hodl (Coin Hodl) Business Description

Traded in Other Exchanges
N/A
Address
82 Richmond Street East, Suite 200, Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Coin Hodl Inc operates as a merchant banking and financial advisory company focused on the small-cap market, with investments in cryptocurrency and blockchain sectors.

Coin Hodl (Coin Hodl) Headlines

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