VICFF (Vice Health and Wellness) Cash Conversion Cycle: 803.38 (As of Jun. 2023)

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What is Vice Health and Wellness Cash Conversion Cycle?

Vice Health and Wellness VICFF -99.97% Cash Conversion Cycle is 803.38 as of Jun. 2023.

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

Vice Health and Wellness's Days Sales Outstanding for the three months ended in Jun. 2023 was 203.24.
Vice Health and Wellness's Days Inventory for the three months ended in Jun. 2023 was 600.14.
Vice Health and Wellness's Days Payable for the three months ended in Jun. 2023 was 0.
Therefore, Vice Health and Wellness's Cash Conversion Cycle (CCC) for the three months ended in Jun. 2023 was 803.38.


Vice Health and Wellness  (OTCPK:VICFF) 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.


Vice Health and Wellness Cash Conversion Cycle Related Terms


Vice Health and Wellness Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for Vice Health and Wellness'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.

Vice Health and Wellness Cash Conversion Cycle Chart

Vice Health and Wellness Annual Data
Trend Dec13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 13,591.90 404.84 486.26 865.77

Vice Health and Wellness Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2,436.38 301.94 319.28 1,146.20 803.38

VICFF vs HIO, EDD, GHY: Cash Conversion Cycle Comparison

For the Confectioners subindustry, Vice Health and Wellness'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.


Vice Health and Wellness Cash Conversion Cycle vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vice Health and Wellness's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Vice Health and Wellness's Cash Conversion Cycle falls into.



Vice Health and Wellness 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.

Vice Health and Wellness's Cash Conversion Cycle for the fiscal year that ended in Sep. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=76.04+789.73-0
=865.77

Vice Health and Wellness's Cash Conversion Cycle for the quarter that ended in Jun. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=203.24+600.14-0
=803.38

* 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 803.38 mean?
Vice Health and Wellness (VICFF) has a Cash Conversion Cycle of 803.38 as of Jun. 2023. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Vice Health and Wellness and its competitors.
Is Vice Health and Wellness' Cash Conversion Cycle too high?
Vice Health and Wellness' current Cash Conversion Cycle is 803.38. The Consumer Packaged Goods industry median Cash Conversion Cycle is 75.75. Vice Health and Wellness' value of 803.38 is 960.6% above this industry median.
How does Vice Health and Wellness' Cash Conversion Cycle compare to HIO and EDD?
Vice Health and Wellness' Cash Conversion Cycle of 803.38 can be compared against companies in the Consumer Packaged Goods industry. The industry median Cash Conversion Cycle is 75.75. Vice Health and Wellness' value of 803.38 is 960.6% above 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 Consumer Packaged Goods company?
The median Cash Conversion Cycle among Consumer Packaged Goods companies is 75.75, based on 1,953 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. Vice Health and Wellness's current Cash Conversion Cycle of 803.38 is 960.6% above 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 Vice Health and Wellness and its competitors. For the Consumer Packaged Goods industry, the median Cash Conversion Cycle is 75.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vice Health and Wellness's current Cash Conversion Cycle is 803.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vice Health and Wellness stock overvalued right now?
Vice Health and Wellness (VICFF) has a current Cash Conversion Cycle of 803.38. The current Cash Conversion Cycle is 803.38 and 960.6% above the Consumer Packaged Goods industry median of 75.75. 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 Vice Health and Wellness (VICFF), the current Cash Conversion Cycle is 803.38 as of Jun. 2023. 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.

Vice Health and Wellness Business Description

Address 734 - 1055 Dunsmuir Street, Vancouver, BC, CAN, V7X 1B1
Vice Health and Wellness Inc is a dynamic publicly traded company dedicated to fostering healthier lifestyle choices by offers products that empower consumers to enhance their mental and physical well-being. Also, its product line features low-sugar, plant-based gummy products.