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Seafarer Exploration (Seafarer Exploration) Cash Conversion Cycle : 0.00 (As of Mar. 2024)


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What is Seafarer Exploration Cash Conversion Cycle?

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

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


Seafarer Exploration Cash Conversion Cycle Historical Data

The historical data trend for Seafarer Exploration'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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Seafarer Exploration Cash Conversion Cycle Chart

Seafarer Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
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Seafarer Exploration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Seafarer Exploration's Cash Conversion Cycle

For the Specialty Business Services subindustry, Seafarer Exploration'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.


Seafarer Exploration's Cash Conversion Cycle Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Seafarer Exploration's Cash Conversion Cycle distribution charts can be found below:

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



Seafarer Exploration 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.

Seafarer Exploration'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

Seafarer Exploration'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

* 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.


Seafarer Exploration  (OTCPK:SFRX) 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.


Seafarer Exploration Cash Conversion Cycle Related Terms

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Seafarer Exploration (Seafarer Exploration) Business Description

Traded in Other Exchanges
N/A
Address
14497 N. Dale Mabry Highway, Suite 209-N, Tampa, FL, USA, 33618
Seafarer Exploration Corp is an underwater research, exploration and recovery company. It develops the infrastructure to engage in the archaeologically sensitive exploration and recovery of historic shipwrecks. The company is engaged in the archaeologically sensitive exploration, documentation, and recovery of historic shipwrecks with the objective of exploring and discovering Colonial-era shipwrecks. Its operating segment includes Blockchain LogisTech, LLC and Seafarer Exploration Corp. The company derives a majority of its revenue from Seafarer Exploration Corp.
Executives
Charles Branscum director 199 JONES DRIVE, BATESVILLE AR 72501
Bradford S Clark director 1603 STONEHENGE PLACE, LITTLE ROCK AR 72212
Thomas B Soeder director 1413 MAYESVILLE WAY, THE VILLAGES FL 32162
Robert L. Kennedy director 41 TIMBERLANE TRAIL, CONWAY AR 72034-3611
Micah James Eldred 10 percent owner 15500 ROOSEVELT BLVD., SUITE 303, CLEARWATER FL 33760
Pelle Ojasu director 14497 N. DALE MABRY HIGHWAY, SUITE 209N, TAMPA FL 33618
Credo Argentarius, L.l.c. 10 percent owner 17547 HUGH LANE, LAND O LAKES FL 34638
Linda Gail Kennedy 10 percent owner 17547 HUGH LANE, LAND O LAKES FL 34638
Solar Funding Solutions Corp. 10 percent owner 140 ISLAND WAY, NO. 252, CLEARWATER BEACH FL 33767
Seth M Shaw director, officer: CEO, President 55 W 25 STREET, APT 33A, NEW YORK NY 10010