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Axia (XZIM:AXIA.ZW) Cash Conversion Cycle : 0.00 (As of . 20)


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What is Axia Cash Conversion Cycle?

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

Axia's Days Sales Outstanding for the six months ended in . 20 was .
Axia's Days Inventory for the six months ended in . 20 was .
Axia's Days Payable for the six months ended in . 20 was .
Therefore, Axia's Cash Conversion Cycle (CCC) for the six months ended in . 20 was 0.00.


Axia Cash Conversion Cycle Historical Data

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

Axia Annual Data
Trend
Cash Conversion Cycle

Axia Semi-Annual Data
Cash Conversion Cycle

Competitive Comparison of Axia's Cash Conversion Cycle

For the Specialty Retail subindustry, Axia'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.


Axia's Cash Conversion Cycle Distribution in the Retail - Cyclical Industry

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

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



Axia 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.

Axia's Cash Conversion Cycle for the fiscal year that ended in . 20 is calculated as

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

Axia's Cash Conversion Cycle for the quarter that ended in . 20 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.


Axia  (XZIM:AXIA.ZW) 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.


Axia Cash Conversion Cycle Related Terms

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Axia (XZIM:AXIA.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Corner 1st Street & Nelson Mandela Avenue, Andrew Lorimer, Edward Building, Harare, ZWE
Axia Corp Ltd operates within the retail and distribution sector with businesses across retail of household goods and appliances, retail of automotive goods and distribution of fast moving consumer goods. It has three operating business units, namely TV Sales and Home (TVSH) which is leading furniture and electronic appliance retailer, Transerv retails automotive spares and Distribution Group Africa (DGA) is a distribution and logistics concern, with operation in Zimbabwe, Zambia, and Malawi. The company generates the majority of its revenue from Zimbabwe operation through the sale of goods in Logistic and Distribution segment.

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