Jasper Commerce (TSXV:JPIM.H) Cash Conversion Cycle: 16.41 (As of Jul. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Jasper Commerce Cash Conversion Cycle?

Jasper Commerce TSXV:JPIM.H Cash Conversion Cycle is 16.41 as of Jul. 2024.

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

Jasper Commerce's Days Sales Outstanding for the three months ended in Jul. 2024 was 16.41.
Jasper Commerce's Days Inventory for the three months ended in Jul. 2024 was 0.
Jasper Commerce's Days Payable for the three months ended in Jul. 2024 was 0.
Therefore, Jasper Commerce's Cash Conversion Cycle (CCC) for the three months ended in Jul. 2024 was 16.41.


Jasper Commerce  (TSXV:JPIM.H) 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.


Jasper Commerce Cash Conversion Cycle Related Terms


Jasper Commerce Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Jasper Commerce'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.

Jasper Commerce Cash Conversion Cycle Chart

Jasper Commerce Annual Data
Trend Jul20 Jul21 Jul22 Jul23 Jul24
Cash Conversion Cycle
15.64 24.26 38.59 39.54 18.80

Jasper Commerce Quarterly Data
Jul20 Oct20 Jan21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 24.30 16.43 16.51 21.56 16.41

TSXV:JPIM.H vs CRM, INTU, NOW: Cash Conversion Cycle Comparison

For the Software - Application subindustry, Jasper Commerce'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.


Jasper Commerce Cash Conversion Cycle vs Software Industry

For the Software industry and Technology sector, Jasper Commerce's Cash Conversion Cycle distribution charts can be found below:

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



Jasper Commerce 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.

Jasper Commerce's Cash Conversion Cycle for the fiscal year that ended in Jul. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=18.8+0-0
=18.80

Jasper Commerce's Cash Conversion Cycle for the quarter that ended in Jul. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=16.41+0-0
=16.41

* 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 16.41 mean?
Jasper Commerce (TSXV:JPIM.H) has a Cash Conversion Cycle of 16.41 as of Jul. 2024. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Jasper Commerce and its competitors.
Is Jasper Commerce's Cash Conversion Cycle too high?
Jasper Commerce's current Cash Conversion Cycle is 16.41. The Software industry median Cash Conversion Cycle is 32.00. Jasper Commerce's value of 16.41 is 48.7% below this industry median.
How does Jasper Commerce's Cash Conversion Cycle compare to CRM and INTU?
Jasper Commerce's Cash Conversion Cycle of 16.41 can be compared against companies in the Software industry. The industry median Cash Conversion Cycle is 32.00. Jasper Commerce's value of 16.41 is 48.7% below this benchmark. 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 Software company?
The median Cash Conversion Cycle among Software companies is 32.00, based on 2,814 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. Jasper Commerce's current Cash Conversion Cycle of 16.41 is 48.7% below the industry median. 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 Jasper Commerce and its competitors. For the Software industry, the median Cash Conversion Cycle is 32.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jasper Commerce's current Cash Conversion Cycle is 16.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jasper Commerce stock overvalued right now?
Jasper Commerce (TSXV:JPIM.H) has a current Cash Conversion Cycle of 16.41. The current Cash Conversion Cycle is 16.41 and 48.7% below the Software industry median of 32.00. 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 Jasper Commerce (TSXV:JPIM.H), the current Cash Conversion Cycle is 16.41 as of Jul. 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.

Jasper Commerce Business Description

Address 15 Wellesley Street West, Suite 214, Toronto, ON, CAN, M4Y 0G7
Jasper Commerce Inc is a Software-as-a-service Product Information Management solution empowering eCommerce retailers, wholesalers or distributors to centralize, organize and richly merchandise products from a single central repository. The company has two main products SaaS PIM subscriptions and Professional services. The company generates majority of its revenue from SaaS PIM subscriptions. The company operates in United States, Canada and others geographically and the majority of its revenue generates from United States.