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Great Tang Bid Technology (Great Tang Bid Technology) Cash Conversion Cycle : 0.00 (As of Mar. 2022)


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What is Great Tang Bid Technology Cash Conversion Cycle?

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

Great Tang Bid Technology's Days Sales Outstanding for the three months ended in Mar. 2022 was 0.
Great Tang Bid Technology's Days Inventory for the three months ended in Mar. 2022 was 0.
Great Tang Bid Technology's Days Payable for the three months ended in Mar. 2022 was 0.
Therefore, Great Tang Bid Technology's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2022 was 0.00.


Great Tang Bid Technology Cash Conversion Cycle Historical Data

The historical data trend for Great Tang Bid Technology'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.

Great Tang Bid Technology Cash Conversion Cycle Chart

Great Tang Bid Technology Annual Data
Trend May07 May08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec20 Dec21
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.57 -8.34 -87.37 - -

Great Tang Bid Technology Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 - - - - -

Competitive Comparison of Great Tang Bid Technology's Cash Conversion Cycle

For the Specialty Chemicals subindustry, Great Tang Bid Technology'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.


Great Tang Bid Technology's Cash Conversion Cycle Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Great Tang Bid Technology's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Great Tang Bid Technology's Cash Conversion Cycle falls into.



Great Tang Bid Technology 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.

Great Tang Bid Technology's Cash Conversion Cycle for the fiscal year that ended in Dec. 2021 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=0+0-0
=0.00

Great Tang Bid Technology's Cash Conversion Cycle for the quarter that ended in Mar. 2022 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.


Great Tang Bid Technology  (OTCPK:GTBT) 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.


Great Tang Bid Technology Cash Conversion Cycle Related Terms

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Great Tang Bid Technology (Great Tang Bid Technology) Business Description

Traded in Other Exchanges
N/A
Address
50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Great Tang Bid Technology Inc formerly ESP Resources Inc through its subsidiaries manufacture, blends, distributes and markets specialty chemicals and analytical services to the oil and gas industry. The company provides services for the upstream and downstream sectors of the energy industry, including new construction, onshore and offshore production, gathering, refining facilities and pipelines. Its products include analysis and formulation products, production chemicals and completion chemicals. The firm operates in the United States of America.
Executives
Robert H Geiges officer: Chief Financial Officer 9224 N LONGFEATHER, FOUNTAIN HILLS AZ 85268
David Dugas director, officer: Chief Executive Officer 1255 LIONS CLUB ROAD, SCOTT LA 70583
William M Cox director 111 LIONS CLUB STREET, SCOTT LA 70583
Tony Primeaux director, officer: Vice-President 111 LIONS CLUB STREET, SCOTT LA 70583
Christopher Sean Metcalf director, officer: President and CEO 815-A BRAZOS ST., #322, AUSTIN TX 78701
Celine Totman director, officer: Secretary Treasurer 3316 WEST 1ST AVENUE, VANCOUVER A1 V6R 1G4
Peter Hughes director, officer: President and CEO 3316 WEST 1ST AVENUE, VANCOUVER A1 V6R 1G4

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