GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » BridgeFort Capital Ltd (XZIM:BFCA.ZW) » Definitions » Cash Conversion Cycle

BridgeFort Capital (XZIM:BFCA.ZW) Cash Conversion Cycle : 0.00 (As of Dec. 2021)


View and export this data going back to . Start your Free Trial

What is BridgeFort Capital Cash Conversion Cycle?

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

BridgeFort Capital's Days Sales Outstanding for the six months ended in Dec. 2021 was 0.
BridgeFort Capital's Days Inventory for the six months ended in Dec. 2021 was 0.
BridgeFort Capital's Days Payable for the six months ended in Dec. 2021 was 0.
Therefore, BridgeFort Capital's Cash Conversion Cycle (CCC) for the six months ended in Dec. 2021 was 0.00.


BridgeFort Capital Cash Conversion Cycle Historical Data

The historical data trend for BridgeFort Capital'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.

BridgeFort Capital Cash Conversion Cycle Chart

BridgeFort Capital Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22
Cash Conversion Cycle
Get a 7-Day Free Trial 0.01 -27.73 -1.93 - -

BridgeFort Capital Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Jun20 Dec20 Jun21 Dec21 Dec22
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only 1.74 -7.41 8.52 - -

Competitive Comparison of BridgeFort Capital's Cash Conversion Cycle

For the Household & Personal Products subindustry, BridgeFort Capital'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.


BridgeFort Capital's Cash Conversion Cycle Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BridgeFort Capital's Cash Conversion Cycle distribution charts can be found below:

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



BridgeFort Capital 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.

BridgeFort Capital'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
=0+0-0
=0.00

BridgeFort Capital's Cash Conversion Cycle for the quarter that ended in Dec. 2021 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.


BridgeFort Capital  (XZIM:BFCA.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.


BridgeFort Capital Cash Conversion Cycle Related Terms

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


BridgeFort Capital Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Bernard Avenue, Rolf Valley, Harare, ZWE
BridgeFort Capital Ltd is a Zimbabwe-based company engaged in the healthcare sector. The company manufactures, markets, and distributes health, hygiene, beauty, and pharmaceutical products. In addition, the group also manufactures and distributes petroleum jelly and glycerine. The group's operating segments are Fast Moving Consumer Goods (FMCG), Medical, and Manufacturing, of which the majority of the revenue is derived from the FMCG segment. The FMCG segment distributes products manufactured by the Manufacturing segment and also trades in other personal care products, toiletries, and other fast-moving consumer goods.

BridgeFort Capital Headlines

No Headlines