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Verb Technology Co (Verb Technology Co) Cash Conversion Cycle : -15,641.77 (As of Dec. 2023)


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What is Verb Technology Co Cash Conversion Cycle?

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

Verb Technology Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.
Verb Technology Co's Days Inventory for the three months ended in Dec. 2023 was 0.
Verb Technology Co's Days Payable for the three months ended in Dec. 2023 was 15641.77.
Therefore, Verb Technology Co's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2023 was -15,641.77.


Verb Technology Co Cash Conversion Cycle Historical Data

The historical data trend for Verb Technology Co'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.

Verb Technology Co Cash Conversion Cycle Chart

Verb Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -172.35 -217.12 -213.55 -411,704.78 -45,772.43

Verb Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -155,654.25 -521.92 -305,276.88 -50,114.50 -15,641.77

Competitive Comparison of Verb Technology Co's Cash Conversion Cycle

For the Software - Application subindustry, Verb Technology Co'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.


Verb Technology Co's Cash Conversion Cycle Distribution in the Software Industry

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

* The bar in red indicates where Verb Technology Co's Cash Conversion Cycle falls into.



Verb Technology Co 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.

Verb Technology Co'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
=5932.7+0-51705.13
=-45,772.43

Verb Technology Co'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+0-15641.77
=-15,641.77

* 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.


Verb Technology Co  (NAS:VERB) 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.


Verb Technology Co Cash Conversion Cycle Related Terms

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Verb Technology Co (Verb Technology Co) Business Description

Traded in Other Exchanges
N/A
Address
3401 North Thanksgiving Way, Suite 240, Lehi, UT, USA, 84043
Verb Technology Co Inc leader in interactive video-based sales applications, transforms how businesses attract and engage customers. VERB's Software-as-a-Service platform, based on its proprietary interactive video technology, comprises a suite of easy-to-use, subscription-based sales enablement software products. Available in over 60 countries and in mobile and desktop versions, it includes verbLIVE an interactive livestream eCommerce, shoppable video and webinar, verbCRM a customer relationship management, verbTEAMS a self on-boarding version of verbCRM with built-in verbLIVE and salesforce synchronization for small businesses, verbLEARN a learning management system, and verbMAIL an interactive video mail solution integrated into Microsoft Outlook, among others.
Executives
Bill John Rivard officer: Interim CFO 3401 NORTH THANKSGIVING WAY,, SUITE 240, LEHI UT 84043
Edmund C. Moy director 130 ANDOVER PARK EAST SUITE 200, SEATTLE WA 98188
Salman Hassan Khan officer: Interim CFO 25651 BIRCHLEAF CT, VALENCIA CA 91381
Julie Ann Holdren officer: Chief Product Officer PO BOX 48, MT VERNON VA 22121
Mitchell Duane Bledsoe officer: Chief Information Officer 25992 SERENATA DR., MISSION VIEJO CA 92691
Jeff Clayborne officer: Chief Financial Officer 2644 GREENFIELD AVENUE, LOS ANGELES CA 90064
Kenneth S Cragun director 3775 CHIPPEWA CIRCLE, CORONA CA 92881
Judith Lynne Hammerschmidt director 3511 CAMBRIDGE ROAD, DURHAM 1W 27707-4509
Nancy R Heinen director 215 GOLDEN HILLS DRIVE, PORTOLA VALLEY CA 94028
Phillip J. Bond director 10718 OX CROFT COURT, FAIRFAX STATION VA 22039
James P Geiskopf director 901 HANCOCK AVENUE, UNIT 308, WEST HOLLYWOOD CA 90069
Rory J. Cutaia director, 10 percent owner, officer: Pres, Treas, Sec, CEO 1157 NORTH HIGHLAND AVENUE, SUITE C, HOLLYWOOD CA 90038-1204
Michael Timothy Psomas director 8605 SANTA MONITA BOULEVARD, LOS ANGELAS CA 90069
Peter Krogh Jensen director 4656 HOSKINS ROAD, NORTH VANCOUVER A1 V7K 2R1
Kim Watson officer: Exec. VP Strategic Relations 1157 HIGHLAND AVENUE, SUITE C, HOLLYWOOD CA 90038-1204

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