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Rivalry (Rivalry) Cash Conversion Cycle : 0.00 (As of Sep. 2023)


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What is Rivalry Cash Conversion Cycle?

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

Rivalry's Days Sales Outstanding for the three months ended in Sep. 2023 was 0.
Rivalry's Days Inventory for the three months ended in Sep. 2023 was 0.
Rivalry's Days Payable for the three months ended in Sep. 2023 was 0.
Therefore, Rivalry's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2023 was 0.00.


Rivalry Cash Conversion Cycle Historical Data

The historical data trend for Rivalry'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.

Rivalry Cash Conversion Cycle Chart

Rivalry Annual Data
Trend Dec20 Dec21 Dec22
Cash Conversion Cycle
1,304.13 122.66 14.12

Rivalry Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.73 0.12 0.11 0.19 -

Competitive Comparison of Rivalry's Cash Conversion Cycle

For the Gambling subindustry, Rivalry'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.


Rivalry's Cash Conversion Cycle Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rivalry's Cash Conversion Cycle distribution charts can be found below:

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



Rivalry 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.

Rivalry'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
=14.12+0-0
=14.12

Rivalry's Cash Conversion Cycle for the quarter that ended in Sep. 2023 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.


Rivalry  (OTCPK:RVLCF) 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.


Rivalry Cash Conversion Cycle Related Terms

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Rivalry (Rivalry) Business Description

Traded in Other Exchanges
Address
116 Spadina Avenue, Suite 701, Toronto, ON, CAN, M5V 2K6
Rivalry Corp is a Canada based company. The company operates in the Sportsbook segment and Gaming segment. Sportsbook generates revenues from esports and traditional sports betting. Gaming segment revenues are earned from originally developed and third-party casino products such as Rushlane and Aviator.

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