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TruGolf Holdings (TruGolf Holdings) Cash Conversion Cycle : 0.00 (As of Dec. 2023)


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What is TruGolf Holdings Cash Conversion Cycle?

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

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


TruGolf Holdings Cash Conversion Cycle Historical Data

The historical data trend for TruGolf 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.

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TruGolf Holdings Cash Conversion Cycle Chart

TruGolf Holdings Annual Data
Trend Dec21 Dec22
Cash Conversion Cycle
107.55 77.05

TruGolf Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 46.41 83.91 118.54 140.77 -

Competitive Comparison of TruGolf Holdings's Cash Conversion Cycle

For the Electronic Gaming & Multimedia subindustry, TruGolf 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.


TruGolf Holdings's Cash Conversion Cycle Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TruGolf Holdings's Cash Conversion Cycle distribution charts can be found below:

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



TruGolf 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.

TruGolf Holdings's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=29.28+103.42-55.65
=77.05

TruGolf Holdings'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.


TruGolf Holdings  (NAS:TRUG) 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.


TruGolf Holdings Cash Conversion Cycle Related Terms

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TruGolf Holdings (TruGolf Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
60 North 1400 West, Centerville, UT, USA, 84014
TruGolf Inc is among the leading golf simulator manufacturers and distributors of golf simulator equipment, including software and hardware, and is in the process of developing a new line of next-generation golf simulator products that aims to revolutionize the virtual golf experience. The primary business of the company is the manufacturing and sale of indoor golf simulator hardware under its TruGolf brand, which includes TruGolf's E6 Connect premier software, as well as selling its E6 Connect software individually.

TruGolf Holdings (TruGolf Holdings) Headlines