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Vibe Growth (XCNQ:VIBE) Cash Conversion Cycle : -75.08 (As of Dec. 2024)


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What is Vibe Growth Cash Conversion Cycle?

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

Vibe Growth's Days Sales Outstanding for the three months ended in Dec. 2024 was 14.8.
Vibe Growth's Days Inventory for the three months ended in Dec. 2024 was 50.11.
Vibe Growth's Days Payable for the three months ended in Dec. 2024 was 139.99.
Therefore, Vibe Growth's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was -75.08.


Vibe Growth Cash Conversion Cycle Historical Data

The historical data trend for Vibe Growth'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.

Vibe Growth Cash Conversion Cycle Chart

Vibe Growth Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.07 8.19 -4.27 -44.70 -109.22

Vibe Growth Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -17.21 -88.12 -98.46 -76.81 -75.08

Competitive Comparison of Vibe Growth's Cash Conversion Cycle

For the Drug Manufacturers - Specialty & Generic subindustry, Vibe Growth'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.


Vibe Growth's Cash Conversion Cycle Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Vibe Growth's Cash Conversion Cycle distribution charts can be found below:

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


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Vibe Growth 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.

Vibe Growth's Cash Conversion Cycle for the fiscal year that ended in Dec. 2024 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=9.16+88.5-206.88
=-109.22

Vibe Growth's Cash Conversion Cycle for the quarter that ended in Dec. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=14.8+50.11-139.99
=-75.08

* 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.


Vibe Growth  (XCNQ:VIBE) 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.


Vibe Growth Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Vibe Growth's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Vibe Growth Business Description

Traded in Other Exchanges
Address
997 Seymour Street, Suite 250, Vancouver, BC, CAN, V6B3M1
Vibe Growth Corp is engaged in the evaluation, acquiring, and developing cannabis cultivation, distribution, and manufacturing assets and retail cannabis dispensaries, predominantly in the U.S., in order to become a vertically integrated cannabis operator. The Company currently operates five dispensaries, one distribution and two cultivation operations in the State of California plus one dispensary in Portland, Oregon.
Executives
Hadron Capital (cayman) Limited 10% Security Holder
Michal Jozef Holub Senior Officer
Joseph Starr 10% Security Holder, Senior Officer
Mark William Waldron 10% Security Holder, Director, Senior Officer

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