VXIT (VirExit Technologies) Cash Conversion Cycle: 0.00 (As of May. 2019)


What is VirExit Technologies Cash Conversion Cycle?

VirExit Technologies VXIT -10.83% Cash Conversion Cycle is 0.00 as of May. 2019.

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

VirExit Technologies's Days Sales Outstanding for the three months ended in May. 2019 was 0.
VirExit Technologies's Days Inventory for the three months ended in May. 2019 was 0.
VirExit Technologies's Days Payable for the three months ended in May. 2019 was 0.
Therefore, VirExit Technologies's Cash Conversion Cycle (CCC) for the three months ended in May. 2019 was 0.00.


VirExit Technologies  (OTCPK:VXIT) 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.


VirExit Technologies Cash Conversion Cycle Related Terms


VirExit Technologies Cash Conversion Cycle Historical Data

* Premium members only.

The historical data trend for VirExit Technologies'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.

VirExit Technologies Cash Conversion Cycle Chart

VirExit Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Cash Conversion Cycle
0.00 0.00 98.27 996.73 0.00

VirExit Technologies Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 0.00 0.00 0.00 0.00 0.00

VXIT vs RIHT, GEQU, NNUP: Cash Conversion Cycle Comparison

For the Utilities - Renewable subindustry, VirExit Technologies'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.


VirExit Technologies Cash Conversion Cycle vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, VirExit Technologies's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where VirExit Technologies's Cash Conversion Cycle falls into.



VirExit Technologies 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.

VirExit Technologies's Cash Conversion Cycle for the fiscal year that ended in Aug. 2018 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-0
=0.00

VirExit Technologies's Cash Conversion Cycle for the quarter that ended in May. 2019 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.

Frequently Asked Questions Learn more about Cash Conversion Cycle →
What does a Cash Conversion Cycle of 0.00 mean?
VirExit Technologies (VXIT) has a Cash Conversion Cycle of 0.00 as of May. 2019. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on VirExit Technologies and its competitors.
Is VirExit Technologies' Cash Conversion Cycle too high?
VirExit Technologies' current Cash Conversion Cycle is 0.00.
How does VirExit Technologies' Cash Conversion Cycle compare to RIHT and GEQU?
VirExit Technologies' Cash Conversion Cycle of 0.00 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Cash Conversion Cycle is 25.01. 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 an Utilities - Independent Power Producers company?
The median Cash Conversion Cycle among Utilities - Independent Power Producers companies is 25.01, based on 416 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. 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 VirExit Technologies and its competitors. For the Utilities - Independent Power Producers industry, the median Cash Conversion Cycle is 25.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VirExit Technologies's current Cash Conversion Cycle is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirExit Technologies stock overvalued right now?
VirExit Technologies (VXIT) has a current Cash Conversion Cycle of 0.00. The current Cash Conversion Cycle is 0.00. 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 VirExit Technologies (VXIT), the current Cash Conversion Cycle is 0.00 as of May. 2019. 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.

VirExit Technologies Business Description

Address 1280 Lexington Avenue, FRNT 2 No.1292, New York, NY, USA, 10028
VirExit Technologies Inc is established as a renewable energy company, incubating solar technologies to establish electrification, education, connectivity, and media distribution infrastructures in rural communities across the globe to empower the individual, community, and local economy.