Video River Networks (Video River Networks) Cash Conversion Cycle : 0.00 (As of Mar. 2024)

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

What is Video River Networks Cash Conversion Cycle?

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

Video River Networks's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.
Video River Networks's Days Inventory for the three months ended in Mar. 2024 was 0.
Video River Networks's Days Payable for the three months ended in Mar. 2024 was 0.
Therefore, Video River Networks's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was 0.00.

Video River Networks Cash Conversion Cycle Historical Data

The historical data trend for Video River Networks'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.

Video River Networks Cash Conversion Cycle Chart

Video River Networks Annual Data

Trend

Dec06

Dec07

Dec08

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Conversion Cycle

Get a 7-Day Free Trial

Video River Networks Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash Conversion Cycle	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Video River Networks's Cash Conversion Cycle

For the Capital Markets subindustry, Video River Networks'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.

Video River Networks's Cash Conversion Cycle Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Video River Networks's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Video River Networks's Cash Conversion Cycle falls into.

Video River Networks 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.

Video River Networks's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

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

Video River Networks's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

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

Video River Networks (OTCPK:NIHK) 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.

Video River Networks Cash Conversion Cycle Related Terms

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

Video River Networks (Video River Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Video River Networks Inc (OTCPK:NIHK) » Definitions » Cash Conversion Cycle

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501

Website

https://www.videorivernetworks.net

Video River Networks Inc is a specialty real estate holding company. The company has two lines of real estate business which is to promote and preserve affordable housing and economic development across urban neighborhoods in the United States. It is also involved in the Electric Vehicles (EV) business, Artificial Intelligence, Machine Learning and Robotics assets, businesses and operations in North America.

Executives

Frank I Igwealor	director, 10 percent owner, officer: President and CEO	370 AMAPOLA AVE, SUITE 200A, TORRANCE CA 90501
Cannabinoid Biosciences, Inc.	director, 10 percent owner, officer: President and CEO	3699 WILSHIRE BLVD., SUITE 610, LOS ANGELES CA 90010
Video River Networks, Inc.	director, 10 percent owner, officer: President and CEO	1333 N. BUFFALO DR., SUITE 210, LAS VEGAS NV 89128
Daniel P Mcredmond	officer: Corporate Controller
Max Polinsky	director	10715 GULFDALE STE 200, SAN ANTONIO TX 78216
Patrick A Gorman	director
H Douglas Saathoff	officer: CEO
Myron Anduri	10 percent owner, officer: President, as of 01/01/04
Steven H. Jacobson	10 percent owner	P.O. BOX 24947, DENVER CO 80224-0947