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Valdor Technology International (XCNQ:VTI) Cash Conversion Cycle : -10.12 (As of Sep. 2023)


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What is Valdor Technology International Cash Conversion Cycle?

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

Valdor Technology International's Days Sales Outstanding for the three months ended in Sep. 2023 was 96.51.
Valdor Technology International's Days Inventory for the three months ended in Sep. 2023 was 0.
Valdor Technology International's Days Payable for the three months ended in Sep. 2023 was 106.63.
Therefore, Valdor Technology International's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was -10.12.


Valdor Technology International Cash Conversion Cycle Historical Data

The historical data trend for Valdor Technology International'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.

Valdor Technology International Cash Conversion Cycle Chart

Valdor Technology International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,446.94 -891.46 -788.89 -349.68 -18.85

Valdor Technology International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 15.50 11.24 -15.38 -14.47 -10.12

Competitive Comparison of Valdor Technology International's Cash Conversion Cycle

For the Communication Equipment subindustry, Valdor Technology International'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.


Valdor Technology International's Cash Conversion Cycle Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Valdor Technology International's Cash Conversion Cycle distribution charts can be found below:

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



Valdor Technology International 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.

Valdor Technology International's Cash Conversion Cycle for the fiscal year that ended in Dec. 2022 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=25.61+0-44.46
=-18.85

Valdor Technology International's Cash Conversion Cycle for the quarter that ended in Sep. 2023 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=96.51+0-106.63
=-10.12

* 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.


Valdor Technology International  (XCNQ:VTI) 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.


Valdor Technology International Cash Conversion Cycle Related Terms

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


Valdor Technology International (XCNQ:VTI) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Valdor Technology International Inc is engaged in developing, manufacturing, and marketing of fiber optic products. The majority of its revenue comes from the United States of America while it also has a presence in Canadian markets. It serves Mining/Oil Exploration; Military/Aerospace; Medical/Industrial, and FTTx/ Data/Telecom/Security markets. The company's products include Niagara Streaming Media, NEW Core Products, Impact Mount Line and Legacy Products.

Valdor Technology International (XCNQ:VTI) Headlines

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