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Zoglos Food (XCNQ:ZOG) Cash Conversion Cycle : 0.00 (As of Dec. 2024)


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What is Zoglos Food Cash Conversion Cycle?

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

Zoglos Food's Days Sales Outstanding for the three months ended in Dec. 2024 was 0.
Zoglos Food's Days Inventory for the three months ended in Dec. 2024 was 0.
Zoglos Food's Days Payable for the three months ended in Dec. 2024 was 0.
Therefore, Zoglos Food's Cash Conversion Cycle (CCC) for the three months ended in Dec. 2024 was 0.00.


Zoglos Food Cash Conversion Cycle Historical Data

The historical data trend for Zoglos Food'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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Zoglos Food Cash Conversion Cycle Chart

Zoglos Food Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Cash Conversion Cycle
- -3.35 19.94 - -

Zoglos Food Quarterly Data
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 - - - - -

Competitive Comparison of Zoglos Food's Cash Conversion Cycle

For the Food Distribution subindustry, Zoglos Food'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.


Zoglos Food's Cash Conversion Cycle Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Zoglos Food's Cash Conversion Cycle distribution charts can be found below:

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


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Zoglos Food 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.

Zoglos Food'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
=0+0-0
=0.00

Zoglos Food'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
=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.


Zoglos Food  (XCNQ:ZOG) 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.


Zoglos Food Cash Conversion Cycle Related Terms

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Zoglos Food Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 2050, Royal Centre, Markham, ON, CAN, V6E 3P3
Zoglos Food Corp is currently going through a reorganization, previously it operated as a plant-based protein foods company that is in the business of designing, developing, producing, distributing, and selling plant-based meat alternative products. Its products fall into three main categories: plant-based meats; appetizers; and veggies.
Executives
Hari Varshney Director
Peeyush Kumar Varshney Director, Senior Officer
Varshney Capital Corp. 10% Security Holder

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