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Izotropic (XCNQ:IZO) Cash Conversion Cycle : 0.00 (As of Jan. 2025)


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What is Izotropic Cash Conversion Cycle?

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

Izotropic's Days Sales Outstanding for the three months ended in Jan. 2025 was .
Izotropic's Days Inventory for the three months ended in Jan. 2025 was .
Izotropic's Days Payable for the three months ended in Jan. 2025 was .
Therefore, Izotropic's Cash Conversion Cycle (CCC) for the three months ended in Jan. 2025 was 0.00.


Izotropic Cash Conversion Cycle Historical Data

The historical data trend for Izotropic'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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Izotropic Cash Conversion Cycle Chart

Izotropic Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cash Conversion Cycle
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Izotropic Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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Competitive Comparison of Izotropic's Cash Conversion Cycle

For the Diagnostics & Research subindustry, Izotropic'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.


Izotropic's Cash Conversion Cycle Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Izotropic's Cash Conversion Cycle distribution charts can be found below:

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


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Izotropic 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.

Izotropic's Cash Conversion Cycle for the fiscal year that ended in Apr. 2024 is calculated as

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

Izotropic's Cash Conversion Cycle for the quarter that ended in Jan. 2025 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+-
=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.


Izotropic  (XCNQ:IZO) 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.


Izotropic Cash Conversion Cycle Related Terms

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Izotropic Business Description

Traded in Other Exchanges
Address
800 - 15355, 24th Avenue, Suite 424, Surrey, BC, CAN, V4A 2H9
Izotropic Corp is a research and development company specializing in cancer research and early detection for breast cancer. The Izotropic Breast CT Imaging System, IZOview produces high-resolution breast images in 3D. The company has a worldwide license from the University of California to commercialize the technology.
Executives
Robert Louis Thast 10% Security Holder, Director, Senior Officer
Ali Reza Sodagar Director

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